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Health Economics Part II – Insurance

Tom Spencer

In this post, I will go beyond a general interpretation of demand and give you an in-depth overview of a specific and expensive issue: the rising cost of public liability insurance. Public liability insurance (PLI) is an interesting and important topic because its costs are far-ranging and complex.

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The Transformative Power of AI in Business

Tom Spencer

More Efficient Operations AI enables businesses to automate repetitive and time-consuming tasks, freeing up human resources to focus on more complex and strategic activities. Robotic Process Automation (RPA) is becoming widely adopted to automate manual processes, reduce errors, and increase efficiency.

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It’s Not “Time Management.” It’s Lean.

Markovitz Consulting

The only way for them to deliver the same value in fewer hours is to eliminate the non-value added activities that typically consume large chunks of a worker’s day—think flabby meetings, worthless emails, pointless administrative tasks, unnecessary firefighting, etc.

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Get the Most from Your Women In Consulting Membership

Women in Consulting

I wanted information I could put to use right away on fees, contracts, scope, subcontractors, insurance, and all the pieces I knew I didn’t even know enough about to name. That may be efficient when measured against the objective of just getting it done. And sometimes that’s going to make sense.

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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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Pros and Cons of Professional Employer Organizations (PEOs) Why a “Virtual PEO” May be the Better Option

Emerson Consulting Group

A larger employer might feel that the PEO would be more efficient than hiring a sufficiently experienced HR manager. The primary rationale for retaining a PEO – at least according to the marketing of the PEO itself – is that by bundling multiple employers together it is possible to leverage efficiencies of scale.

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Emergencies cost extra

Seth Godin Blog

The reason custom work costs more is no longer a matter of production efficiency. Big companies that serve other big companies spend at least 80% of their overhead on being ready (or dealing with) meetings and emergencies. The reason to charge more is all about ensurance, insurance and emotional wear and tear.