economy

Healthcare organizations are finding new uses for virtual health technology

The virtual health revolution has prevailed over the past few years, particularly fueled by generation-changing events such as the Covid-19 pandemic. Now, more than ever, healthcare leaders, organizations and policymakers are seeing the value of virtual health, both in terms of convenience and patient experience, and in terms of the cost savings that virtual healthcare …

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A drop in investment income sent Novant to a bigger loss in the third quarter

Novant Health Inc. remained on track for a significant financial loss in fiscal 2022, driven mostly by another quarterly decline in investment income. The health system reported Tuesday that it had a loss of $145.08 million in the third quarter, compared with a surplus of $69.33 million a year earlier. Excess revenue in a for-profit …

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The state tourism agency weighs the pros and cons of new proposals to attract tourists [PHOTO]

By Laman Ismailova The recovery of tourism in Azerbaijan is gaining momentum and the State Tourism Agency is considering new proposals to attract tourists. Priority attention is given to the development of tourism in the territories of Azerbaijan freed from the Armenian occupation. These and other initiatives for the development of the tourism industry in …

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JP Morgan is betting big on the future of healthcare

JP Morgan is a cornerstone financial institution with investments and interests in all sectors around the world. In healthcare, the company made headlines just a few years ago with its innovative partnership with Amazon and Berkshire Hathaway to launch Haven, a joint venture to optimize healthcare costs and the patient care experience. Renowned surgeon and …

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What is China’s contribution to pushing the technological frontier?

China’s technological prowess has been increasing since the late 2000s, accounting for a significant share of patents. The tech landscape, which was dominated by the US, Europe and Japan in the early 2000s, is now much more polarized between US and Chinese offices. Antonin Bergeau and Cyril Verluiz show that although the gap in patent …

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Investment income portfolio continues to drag Wake Forest’s fiscal 2022 financial results

Deteriorating investment income performance, along with higher personnel costs, contributed to Wake Forest Baptist Medical Center reporting a loss of $354.86 million through the three quarters of fiscal 2022 on Wednesday. By comparison, Baptist had $339.15 million in excess revenue during the same period in fiscal 2021. In a for-profit organization, “surplus revenue” is analogous …

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Local Business: Deli, Italian Market Open in Bainbridge | Business news

Italian influences have come to Bainbridge. Armando Petrucelli and Martin Merino, formerly of Queens, started Bainbridge Market and Delicatessen at 1 Freiot Ave. in mid-October. Petrucelli said that after decades in the hair and beauty industry and a COVID-induced hospital stay, he refocused his business sensibilities. “I come from the beauty industry, that’s my story, …

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Zimbabwe, Malawi exchange notes on tourism

Zimbabwe and Malawi yesterday concluded the third meeting of the Joint Technical Tourism Committee (JTTC) designed to assess progress in areas of cooperation agreed by the two governments. The meeting took place in Lilongwe, Malawi from Wednesday and ended yesterday. It was co-chaired by the Permanent Secretary for Environment, Climate, Tourism and Hospitality, Ambassador Raphael …

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