Photo: Dustin Chambers/Bloomberg via Getty Images Walmart Health is eyeing more Medicare Advantage business as it prepares to nearly double the footprint of its in-store clinics. Driving the news: The big retailer said Thursday it’s planning to add 28 additional health clinics — which offer primary care, behavioral health services, vision checks and dental care within select Walmart stores — in 2024. The new clinics are planned for Walmart Supercenters in Dallas, Houston, Phoenix and Kansas City, Missouri. Between the lines: In September, Walmart and UnitedHealth Group announced a 10-year partnership to deliver care to seniors in Medicare Advantage plans. The private Medicare plans are expected to serve more than half of eligible beneficiaries this year and have been highly lucrative for payers. Walmart looked to leverage its relationship with UnitedHealth and targeted expansion in places where it had a deep existing presence and projections for local population growth, said David Carmouche, senior vice president of omnichannel care at Walmart. "Obviously we layer a lens where there is 64-plus demographic growth in those markets. You put that all together and those markets stood out to us," Carmouche told Axios. The big picture: Retailers are increasingly jostling for primary care […]
Will Facebook’s ‘Meta Verified’ be a success? San Diego business leaders discuss
Meta is trying out a paid service called Meta Verified. Pictured: Facebook employees take a photo with the company’s logo outside its headquarters in Menlo Park. Meta, parent company of Facebook and Instagram, announced this week it would be testing out a new paid subscription for $11.99 a month. Meta, parent company of Facebook and Instagram, announced recently that it would be testing out a new paid subscription for $11.99 a month (or $14.99 for mobile users) that comes with different perks, such as a blue check mark. Similar to Twitter’s $8 a month Twitter Blue program , Facebook and Instagram users paying for Meta Verified will have added benefits that will increase their visibility on the platforms. It’s been sold as a way to build a brand. It’s unclear how successful Twitter has been so far. An outside service estimated there are about 300,000 users. Twitter Blue users sometimes face ridicule on the service from other users for paying. Some social media users have criticized the experiment as paying for popularity . However, a Wired article suggested outrage over Twitter Blue may have been more tied to dislike of Elon Musk, instead of aversion to paying for other […]
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UConn School of Business Reduces MBA Course Requirements, Enabling Students to Complete the Degree More Quickly
Beginning in Fall 2023, the program will decrease the number of credits required to earn an MBA from 57 to 42 UConn’s popular MBA program will now be faster, more flexible, and more convenient (Adobe Stock). The UConn School of Business announced today that it has revised its MBA program , making it faster, more flexible, and more convenient for graduate students to earn their degrees. Beginning in Fall 2023, the program will decrease the number of credits required to earn an MBA from 57 to 42. It will also change its concentrations and realign its core courses. The changes allow students to complete the MBA program faster—in just over a year if pursued aggressively—and at a lower cost. “The UConn MBA program, which has long set the bar for excellence, will retain its vibrancy, rigor, and focus on essential leadership development,’’ says John A. Elliott, Dean of the School of Business. “We have re-examined our offerings and arranged courses to have maximum impact, added elective concentrations, and allowed students to pursue specialized interests.’’ UConn MBA students may opt for the Online MBA program, which is 100% online, or what is called the FLEX MBA, which allows them to […]
Alteryx Comes To The Rescue For Companies In A Stormy Sea Of Big Data
The world is awash in data and Alteryx ( AYX ) helps its clients navigate the ocean of information that awaits them. And because the planet’s information crush continues to grow at a blistering pace, it means AYX stock is cruising. The amount of data created this year is expected to reach 120 zettabytes — with 1 zettabyte equal to 1 trillion gigabytes — according to Statista. This Big Data explosion fuels a booming market for data analytics software, providing Alteryx with a large field of opportunity to mine. Based in Irvine, Calif., Alteryx provides a cloud-based data analytics platform that helps businesses boost their performance. They can quickly prepare, blend and analyze data from a multitude of sources, which is critical now since data creation is growing at exponential rates. Meanwhile, the application of data analytics affects organizations across practically every industry, giving Alteryx broad market potential. AYX Stock: 73% Jump In Revenue Research firm International Data Corp., in a global survey, found that 72% of organizations believe analytics investments will outpace all other software investments in 2023. It’s all helped both the top and bottom lines for Alteryx. Last month, the company reported fourth-quarter results that showed […]
Meet Lauren Rosenblatt, Business Reporter
Lauren Rosenblatt joined The Seattle Times in January 2022. She covers Amazon, innovation and technology, and workforce issues. She is currently chronicling a consequential time at Amazon as Seattle’s largest company undergoes waves of layoffs and unionization efforts. Her diverse collection of stories includes an in-depth profile of influential local investor Tom Alberg and the rise and fall of Seattle celebrity CEO Dan Price . Lauren hails from the great city of Pittsburgh, where she worked the business desk of the Post-Gazette, covering robotics and automation, startups and labor. Lauren is a runner, book nerd and wannabe hiker. What drew you to specialize in business journalism? When I started my first reporting job out of college, my editor at the time told me business journalism is fun and meaningful because business stories impact everyone. Everyone has a stake in what happens in the workforce – whether they’ve been at the same company for 20 years, recently retired, are looking for their first job or can’t find a job. Business journalism is a way to tell stories about workers, and I enjoy finding new stories to tell from the perspective of different people, cities and industries. People look to business […]
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School of Management’s Transformational Leaders Program wins Inspiring Programs in Business Award
The program earned ‘INSIGHT Into Diversity’ magazine’s 2023 Inspiring Programs in Business Award for encouraging students to pursue business careers The Binghamton University School of Management. The Binghamton University School of Management’s (SOM) Transformational Leaders Program has earned INSIGHT Into Diversity magazine’s 2023 Inspiring Programs in Business Award, casting a national spotlight on its work of helping students chart a course toward successful business careers. Launched in 2021 , the three-year Transformational Leaders Program provides individualized guidance for SOM students from underserved populations or those who may be facing economic challenges. The program’s award was announced Thursday, March 2 by INSIGHT Into Diversity magazine , the country’s top diversity and inclusion publication in higher education. It recognized the program for having inspired and encouraged young people to consider careers in business through mentoring, teaching, research, and successful programs and initiatives. Jerah Reeves, the program’s coordinator, said this recognition wouldn’t be possible without the commitment each of the 39 students currently enrolled in the program have shown in applying what they’ve learned. Part of what makes this program successful, he said, is that each student’s plan over the course of three years is tailored to his or her specific needs. […]
Aster DM Healthcare shortlists two bidders for a majority stake in its Gulf business – sources
DUBAI, March 3 (Reuters) – Dubai-based Aster DM Healthcare is looking to sell a majority stake in its Gulf-based business and has short-listed buyers for the sale, two sources with direct knowledge of the matter told Reuters. Aster, which operates hospitals, clinics and pharmacies in the Gulf and India, is looking to sell a stake of more than 50% in its business in the region, said the sources, declining to be named as the matter is not public. Advertisement · Scroll to continue Private equity firm Fajr Capital and Dubai financial services firm Gulf Islamic Investments have been shortlisted in the process, the sources said. Register for free to Reuters and know the full story Fajr declined to comment, while Aster and Gulf Islamic Investments did not immediately respond to a request for comment when contacted by Reuters on Friday. Mumbai-listed Aster began a sales process at the end of last year to demerge the Gulf business to help investors and analysts better understand the company, one of the sources said. They want to monetise the business and believe that they are not getting appreciation of the GCC business in the share price, the source said. Aster’s stock price […]
Future business success: How diverse companies perform better
(Credit: fizkes – stock.adobe.com) What factors come to mind when thinking about business success? Perhaps it’s an innovative product or service that meets a market need, inspiring leadership, or a solid business plan. A diverse employee base may not be the first idea to come to mind — but it should be. With diverse and inclusive companies 35% more likely to financially surpass their competitors, diversity, equity, and inclusion (DE&I) ought to be a top priority for every HR team. Building DE&I initiatives doesn’t need to be difficult; businesses can start by sharing a survey with employees to better understand their current diversity metrics. Investing in employee development for underrepresented groups can start to address equity gaps. To increase inclusivity, businesses can implement employee resource groups and facilitate better quality staff training. Inclusive environments lead to happier employees, and it’s no secret that happier team members are productive. So, let’s discover how adopting diversity initiatives can create an inclusive and fruitful business. Share skills, innovation, and creativity It’s time to stop seeing differences as dividers; they are what make us unique and give us individual perspectives on life. Having a workforce with varied backgrounds, skills, education, and experiences means […]
Next mayor must have a plan to tackle the city’s $34 billion in pension debt
Paul Vallas, left, and Brandon Johnson (Bloomberg) — Chicago is guaranteed a new mayor after voters rejected incumbent Lori Lightfoot’s bid for a second term. With the looming leadership change, investors want to know whether the city will keep up recent financial momentum or return to old bad habits. The third-largest US city escaped from junk-rating territory late last year after paying more into its long-strained pensions that are still short nearly $34 billion. The mayoral runoff contenders — Cook County Board Commissioner Brandon Johnson and Paul Vallas, the former Chicago schools chief, have starkly different approaches for how to address that shortfall and the rest of the challenges facing its 2.7 million residents. More Vallas picks up Jesse White endorsement as he busts campaign giving cap “Preserving and furthering the financial and credit improvements should be a top priority for any candidate,” said Dora Lee, director of research at Belle Haven Investments, which holds Chicago debt as part of $15 billion in muni assets. “Campaign promises are very easy to make but very hard to execute. However, they will be easier to accomplish if the city is on a sound financial footing.” The city has long struggled with […]
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Services PMI® at 55.1%; February 2023 Services ISM® Report On Business®
Business Activity Index at 56.3%; New Orders Index at 62.6%; Employment Index at 54%; Supplier Deliveries Index at 47.6% TEMPE, Ariz., March 3, 2023 /PRNewswire/ — Economic activity in the services sector expanded in February for the second consecutive month as the Services PMI ® registered 55.1 percent, say the nation’s purchasing and supply executives in the latest Services ISM ® Report On Business ® . The sector has grown in 32 of the last 33 months, with the lone contraction in December. The report was issued today by Anthony Nieves, CPSM, C.P.M., A.P.P., CFPM, Chair of the Institute for Supply Management ® (ISM ® ) Services Business Survey Committee: "In February, the Services PMI ® registered 55.1 percent, 0.1 percentage point lower than January’s reading of 55.2 percent. The composite index indicated growth in February for the second consecutive month after a reading of 49.2 percent in December, the first contraction since May 2020 (45.4 percent). The Business Activity Index registered 56.3 percent, a 4.1-percentage point decrease compared to the reading of 60.4 percent in January. The New Orders Index expanded in February for the second consecutive month after contracting in December for the first time since May […]