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Bank Profitability: Decoding the Income Statement

Tom Spencer

Operating expenses Operating or non-interest expenses will be affected by many moving parts such as wages, benefits, infrastructure, and information technology. Non-interest income This is the revenue generated from fees, typically accounting for around 40% of industry revenue, including: deposit service charges (e.g.,

Banking 88
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Can AI Address Health Care’s Red-Tape Problem?

Harvard Business

Using AI-powered tools capable of processing vast amounts of data and making real-time recommendations, some hospitals and insurers are discovering that they can reduce administrative hours, especially in the areas of regulatory documentation and fraudulent claims. Faster Hospital Bed Assignments.

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The Promise of Blockchain Is a World Without Middlemen

Harvard Business

Rather than creating hub-and-spoke methods for organizing our shared resources for mutual advantage, this new technology would provide solutions without any central oversight. In a world without middle men, things get more efficient in unexpected ways.

Banking 51
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Personalized Recommendation Engines Are Coming to Health Care

Harvard Business

The app also provides details on the care that is most suitable for that condition, along with the nearest medical providers, and detailed descriptions and cost information on recommended tests and treatments that take into account the individual’s specific insurance coverage. Insight Center. Sponsored by Accenture.

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How Companies Are Benefiting from “Lite” Artificial Intelligence

Harvard Business

These include improving data-mining operations, helping with training, and making structured, repeatable tasks and processes far more efficient and less costly. Enter ABIe (shorthand for the Allstate Business Insurance Expert), which my firm helped develop. The cost of simply expanding the call centers was prohibitive.

Company 28
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Why Hospitals Need Better Data Science

Harvard Business

Improving hospital operational efficiency through data science boils down to applying predictive analytics to improve planning and execution of key care-delivery processes, chief among them resource utilization (including infusion chairs, operating rooms, imaging equipment, and inpatient beds), staff schedules, and patient admittance and discharge.

Data 28
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What the Companies on the Right Side of the Digital Business Divide Have in Common

Harvard Business

Within the core business, digital technologies are fundamentally changing the way Honeywell creates and captures value for its industrial customers through new efficiencies and services that unlock new value. Insurers can use this data to better understand their customers and to price policies accordingly.

Company 28