Category Archives: Data Mining
Health insurance Market is expected to Reach USD 2541.78 Billion by 2029 at a Potential Growth rate of 4.6% – Insurance News Net
Health Insurance Market
Health insurance Market industry Analysis and Forecast 2029
PUNE, MAHARASHTRA, INDIA, August 25, 2022 /EINPresswire.com/ -- Health Insurance Market business report provides accurate market research that aids identify business areas that are performing well, those that need more attention, and also those that business should perhaps give up. If business has got their pulse on what customer is thinking, they can create products that solve their issues, reach out to them when they are most ready to listen, and help them become loyal ambassadors. The universal Global Health Insurance Market report makes it possible, to follow what customers are talking about, listening to them, and then delivering on their needs with its timely customer-cantered market research.
Health insurance policy consists of several types of features and benefits. It provides financial coverage to policyholder against certain treatment. Health insurance policy offers advantages including cashless hospitalization, coverage of pre and post-hospitalization, reimbursement, and various add-ons. Increasing costs for medical services and the growing number of day care procedures are some of the drivers boosting health insurance demand in the market. Data Bridge Market Research analyses that the health insurance market is expected to reach the value of USD 2,541.78 Billion by the year 2029, at a CAGR of 4.6% during the forecast period. "Corporates" accounts for the most prominent end-user segment in the respective market owing to rise in the demand for group health insurance by corporates. The market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and climate chain scenario.
Health insurance is a type of insurance that provide the coverage of all type of surgical expenses as well as medical treatment incurred from the illness or injury. It applies to a comprehensive or limited range of medical services providing the coverage of full or partial costs of specific services. It provides financial support to the policy holder as it covers all the medical expenses when the policyholder is hospitalized for the treatment. It also covers pre as well as post hospitalization expenses.
Get PDF Sample of Global Health Insurance Market report: - https://www.databridgemarketresearch.com/request-a-sample/?dbmr=global-health-insurance-market
Drivers/Opportunities in the Health Insurance Market
Increasing Cost of Medical Services
Health insurance provides financial support in cases of serious sickness or accident. Increasing medical services costs for surgeries and hospital stays has created a new financial epidemic around the world. The cost of medical services is comprised of the cost of surgery, doctor fee, hospital stay cost, cost of the emergency room, diagnostic testing cost, among others. Therefore, this increase in the cost of medical services propels the growth of the market.
Growing Number of Daycare Procedures
Daycare procedures are those types of medical procedure or surgery that primarily requires less stay time in the hospitals. In the day-care procedure patients are required to stay in the hospital for a short period. Most of the health insurance companies are now covering the procedures of day-care in their insurance plans, and for the claim of such types of surgery, there is no compulsion on spending 24 hours in the hospital, which is the minimum stay in the hospital to claim insurance. While most of the health insurance plans cover hospital stays and major surgeries, the policyholders can also claim day-care procedures under their health insurance policy, which propels the demand of the market.
Mandatory Provision of Healthcare Insurance in Public and Private Sectors
Buying a healthcare insurance policy is a mandatory provision for the employees in the public as well as the private sector. Health insurance offers key medical benefits which the employee can avail of while working in a corporate. In case of any emergency or medical issues, the health insurance cover is highly useful to meet treatment expenses. The employees health insurance is an extended benefit, given by the individual employer to their employees. The health insurance provided not only covers the employee but also covers their family members under the same policy plan. Also, in certain cases, the employer may pay a part of a premium or insurance coverage of the health insurance policy.
Advantages of Health Insurance Policies
In the health insurance plans, the policyholder gets the reimbursement insured for their medical expenses such as hospitalization, surgeries, treatments that arise from the injuries. A health insurance policy is a type of agreement between the policyholder and insurance company, where the insurance company agrees to guarantee payment for the treatment costs in case of future medical issues, and the policyholder agrees to pay the amount of premium according to the insurance plan. Thus, the advantages of health insurance policies increases the growth opportunities for global health insurance market.
Increasing Healthcare Expenditure
Spending on health is growing faster around the world. According to the World Health Organization (WHO) report, global health spending has an upward trajectory growth. Global spending on health more than doubled over the past two decades, reaching USD 8.5 trillion in 2019, or 9.8% of global GDP. However, it was unequally distributed, with high-income countries accounting for approximately 80% of the worlds health spending. Health spending in low-income countries was financed primarily by out-of-pocket spending (OOPS; 44%) and external aid (29%), while government spending dominated in high-income countries (70%). Thus, the increasing healthcare expenditure is expected to act as opportunity in the global health insurance market.
Global Health Insurance Market Scope
The health insurance market is segmented on the basis of type, services, level of coverage, service providers, health insurance plans, demographics, coverage type, end user, and distribution channel. The growth amongst these segments will help you analyse meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Type
Product
Solutions
Services
Inpatient Treatment
Outpatient Treatment
Medical Assistance
Others
Level of Coverage
Bronze
Silver
Gold
Platinum
Service Providers
Private Health Insurance Providers
Public Health Insurance Providers
Health Insurance Plans
Point Of Service (POS)
Exclusive Provider Organization (EPOS)
Indemnity Health Insurance
Health Savings Account (HSA)
Qualified Small Employer Health Reimbursement Arrangements (QSEHRAS)
Preferred Provider Organization (PPO)
Health Maintenance Organization (HMO)
Others
Demographics
Adults
Minors
Senior Citizens
Coverage Type
Lifetime Coverage
Term Coverage
End User
Corporates
Individuals
Others
Distribution Channel
Direct Sales
Financial Institutions
E-Commerce
Hospitals
Clinics
Others
Gain More Insights into the Global Health Insurance Market Analysis, Browse Summary of the Research [emailprotected] https://www.databridgemarketresearch.com/reports/global-health-insurance-market
Health Insurance Market Regional Analysis/Insights
The health insurance market is analysed and market size insights and trends are provided by country, type, services, level of coverage, service providers, health insurance plans, demographics, coverage type, end user, and distribution channel as referenced above.
The countries covered in the health insurance market report are the U.S., Canada and Mexico, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia and New Zealand, Thailand, Indonesia, Philippines, Hong Kong, Taiwan & Rest of Asia-Pacific, Saudi Arabia, United Arab Emirates, South Africa, Egypt, Israel, Rest of Middle East and Africa, Brazil, Argentina and Rest of South America.
North America dominates the health insurance market because of the high disposable income of consumers. North America is followed by Europe and is expected to witness significant growth during the forecast period of 2022 to 2029 due to growing demand for health insurance from corporates sector in the region. Europe is followed by Asia-Pacific and is expected to grow significantly owing to the rising awareness of benefits and advantages offered by health insurance plans.
Competitive Landscape and Health Insurance Market Share Analysis
The health insurance market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to health insurance market.
Some of the major players operating in the health insurance market are Bupa, Now Health International, Cigna, Aetna Inc. (a subsidiary of CVS Health), AXA, HBF Health Limited, Vitality (a subsidiary of Discovery Limited), Centene Corporation, International Medical Group, Inc. (a subsidiary of Sirius International Insurance Group Ltd.), Anthem Insurance Companies, Inc. (a subsidiary of Anthem, Inc.), Broadstone Corporate Benefits Limited, Allianz Care (a subsidiary of Allianz SE), HealthCare International Global Network Ltd, Assicurazioni Generali S.P.A., Aviva, Vhi Group, UnitedHealth Group, MAPFRE, AIA Group Limited, Oracle among others
Get TOC Detail of Global Health Insurance Market Report: - https://www.databridgemarketresearch.com/toc/?dbmr=global-next-generation-sequencing-ngs-market
Research Methodology: Global Health Insurance Market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and estimated using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Expert Analysis, Import/Export Analysis, Pricing Analysis, Production Consumption Analysis, Climate Chain Scenario, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Customization Available: Global Health Insurance Market
Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customized to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analysed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Fact book) or can assist you in creating presentations from the data sets available in the report.
FREQUENTLY ASKED QUESTIONS
At what growth rate will the Health Insurance Market be projected to grow during the forecast by 2029?
What will be the Health Insurance Market value in the future?
What are the key opportunities of the Health Insurance Market?
Who are the major players operating in the Health Insurance Market?
Top Trending Reports: -
Asia-Pacific Health Insurance Market Industry Trends and Forecast to 2029
Europe Health Insurance Market - Industry Trends and Forecast to 2029
Middle East and Africa Health Insurance Market - Industry Trends and Forecast to 2029
North America Health Insurance Market - Industry Trends and Forecast to 2029
Singapore Private Health Insurance Market - Industry Trends and Forecast to 2029
About Data Bridge Market Research:
An absolute way to forecast what future holds is to comprehend the trend today! Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavours to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process. Data Bridge is an aftermath of sheer wisdom and experience which was formulated and framed in the year 2015 in Pune.
Data Bridge Market Research has over 500 analysts working in different industries. We have catered more than 40% of the fortune 500 companies globally and have a network of more than 5000+ clientele around the globe. Data Bridge adepts in creating satisfied clients who reckon upon our services and rely on our hard work with certitude. We are content with our glorious 99.9 % client satisfying rate.
Sopan GedamData Bridge Market Research+1 888-387-2818email us here
Read more:
The Merge That Will Kill $19 Billion Worth Industry – Analytics India Magazine
Blockchain technology based on the consensus mechanism called proof-of-work (PoW) has been sucking the energy out of the world. The problem with this concept is so huge that China banned crypto mining last year and countries like Kosovo and Kazakhstan are pushing miners out of the business by cutting-off their electricity. The PoW mechanism of blockchain looks so bad that if not checked, the world will run out of energy: this is what the detractors say about blockchain.
Bitcoin and Ethereum are the two of the worlds biggest blockchain-based tech behemoths which use the PoW consensus mechanism. It is the method that allows the decentralised network to reach an agreement, or agree on things like account balances and transaction sequence.
But, Ethereum seems to be done with PoW now. The Ethereum Foundation announced that they will be shifting to the proof-of-stake consensus mechanism, a selective method of choosing a participant who will solve the equations and accurately validate the data.
They have decided a name and date for it. Its called Merge and the transition will happen in two phases between September 6 and September 20. The shift from PoW to PoS might be good for the platform and the world, but it has created huge uncertainties for miners.
Mining is the process of adding valid blocks to the chain. Those who do this job are called miners.
Currently, miners are able to produce fresh Ether (ETH) by committing a significant amount of processing power. However, following the Merge, network usersknown as validatorswould be required to stake significant sums of already-existing ETH in order to validate blocks, generating new ETH and receiving stake rewards.
Ethereum mining is estimated to be worth $19 billion, and Ethereum Merge is expected to instantly put an end to the entire sector. Its conceivable that Ethereum miners wont be able to make a profit mining alternative cryptocurrencies with low market value. With the exception of Ethereum, less than 2% of all altcoins have a market cap that can be mined with a GPU (graphics processing units).
GPU (graphics processing unit) rigswhich are more adaptable than those used for bitcoin mining and simpler to modify to mine for other coinspredominate in ethereum mining. GPU rigs can be utilised for both gaming and mining compatible cryptocurrencies, including Ethereum Classic, Ravencoin, and Ergo.
Ether (ETH) mining is popular due to its profitability, and a shift to mining other cryptocurrencies could result in a short-term decrease in revenues. Furthermore, a rapid influx of huge mining pools to a different coin may strain margins for incumbents. Beyond Ethereum Classic, ether miners using ASIC (application-specific integrated circuits) equipment are left with few options.
Ethereum Classic (ETC) miners may benefit the most from the changeover. This is because there will most likely be a flood of used mining rigs accessible from ETH miners who have chosen to become validators on Ethereum 2.0.
In order to obtain salvage value, miners may distribute their rigs across various networks that support GPU mining as well as other applications after Ethereum switches to PoS, according to the note, which also predicted that mining pools will likely transition relatively smoothly as the switchover approaches.
Experts say that large-scale miners intend to change their strategy and concentrate on high-performance computers and a business centred around data centres. Resources can be pooled by miners to support Web3 protocols like Render Network and Livepeer. As the miners depart, there is concern about rising selling pressure on Ethereum.
See the original post here:
The Merge That Will Kill $19 Billion Worth Industry - Analytics India Magazine
Parents Wary of Digital Hall Pass That Records Students’ Movements – The Epoch Times
In the old days, when a student requested a bathroom visit during classroom time, the teacher handed them a hall pass made of paper or sometimes a wooden block.
Now, many schools are taking the hall pass digital with SmartPass, a hall pass application that tracks students and generates weekly reports about trends in their movements.
Students are getting smarter and sneakier than ever, and you may not know that Betty and Bob have been meeting up every afternoon for the last two weeks, but SmartPass knows, an advertising video directed at school administrators says, while explaining a new feature called Encounter Detection. Behind the scenes we are using artificial intelligence to see which students have passes to similar rooms around the same time, and presenting you with actionable data to start a conversation.
For example, the data may show that two students from different classrooms asked to go to the water fountain five times last week, and their hall pass time overlapped for a few minutes each time.
The weekly report also shows administrators how many total hall passes were generated, a list of student names and profiles ranking students from the highest number of passes used, how many teachers approved passes and how many encounters were prevented. That is, how many times students were prevented from having a pass at the same time.
Fewer students in hallways and bathrooms at one time means fewer chances for fights or vandalism.
While SmartPass doesnt track every step a student takes, it does capture every time a student signs in and out of a classroom and generates reports from the data it captures.
Not all parents are in favor of the app. The board of the Stroudsburg Area School District in Monroe County, Pennsylvania, voted last week to start using SmartPass in its schools.
Parent Michelle Grana spoke to the board before the decision.
I said Im upset about the lack of privacy involved, and with the data going into private corporate hands, and how their education is being outsourced to tech companies, Grana told The Epoch Times about her comments to the school board. Youre literally checking on underage students using a natural, private environment. Thats gross.
Grana said she believes teachers should be better trained in managing classrooms and children with behavioral needs, instead of looking to technology devices to aid in disciplinary actions.
In response to the decision to use SmartPass, which she called the straw that broke the camels back, Grana has removed her children, including a high school senior, from the school.
Children should not be tracked to go to the bathroom, Grana said.
Shannon Grady, chair of the local Moms for Liberty chapter in Chester County, Pennsylvania, calls the app an invasion of privacy and says her group is preparing non-consent forms for parents to tell schools they will opt-out of using such technology.
Its just another example where a third party has our childrens data. Schools are basically letting a third party track your child, Grady told The Epoch Times. Theyre gathering all this data on our kids, and then those companies are using it for profit. Theyre data mining on our children, whether its in the form of surveys, whether its in the form of this.
Cosmas Curry, superintendent of Stroudsburg Area School District, says the app is more efficient than using paper, cuts down on classroom interruptions, and has safety benefits.
Theres no big deal here, Curry told The Epoch Times. He explained that students can set a meeting with a teacher in another classroom later in the week without leaving their current room to arrange a hall pass. It reduces traffic in the halls. And in case of emergency, students with an app on the phone could check in.
For example, in a fire drill, when administrators are counting students to make sure everyone is out of the school, with the paper system, there could be many hall passes issued by many teachers. With 90 teachers in Stroudsburg High School, imagine if each one had written a hall pass before the fire drill, he said. They would have to compare 90 papers and find out where the students were last seen.
But with SmartPass, Curry said, all the information is in one place and the school can more quickly account for everyone. Plus, kids who ended up walking out with another class can check in and provide their location.
SmartPass limits the number of students allowed in the hallway at once by creating a digital waiting list. If the maximum number of students are already in the hall, the app tells students who requested a pass when it is their turn.
Curry emphasized that no child has been, nor would be, denied use of the bathroom.
I just think that people have got to give it a chance and understand what it means, Curry said.
The Epoch Times requested comment from SmartPass. The company did not respond by press time.
More than 200,000 students and school faculty throughout the United States use the app, which costs $2 per student, according to a 2021 report from 6abc Action News in Philadelphia.
SmartPass can be installed on students phones or school tablets or laptop computers. During COVID-19 mitigation, some schools used SmartPass for contact tracing.
Grady worries that if students become accustomed to scanning their phones or logging into the app as children, they wont object to being tracked as adults.
Youre training my child to just scan it, scan it, scan it, so then they get comfortable being tracked and traced every move, Grady said. Its conditioning.
Curry says students and adults are already being tracked, but not by schools.
The superintendent said its somewhat hypocritical for parents to object to SmartPass when they allow their children to have smartphones.
If a child has a cell phone, theyre already being tracked, Curry said. Whether its Google, TikTok, Instagram, Twitterlike, who are they kidding? Were not doing that.
Follow
Beth Brelje is an investigative journalist covering Pennsylvania politics, courts, and the commonwealths most interesting and sometimes hidden news. Send her your story ideas: Beth.brelje@epochtimes.us
Follow this link:
Parents Wary of Digital Hall Pass That Records Students' Movements - The Epoch Times
The Power of Internships: Jennifer Vera ’23 Builds Resume-Ready Skills with U.S. Marshals, FEMA, and More | John Jay College of Criminal Justice -…
Jennifer Vera 23 knew she wanted a career in law enforcement, a goal fueled by a teacher's dismissive comment. I mentioned that I wanted to go into federal law enforcement to a substitute teacher and she told me that I looked too vulnerable for the job. She said it was an unrealistic goal, says Vera, a forensic psychology and anthropology major. When I came to John Jay, I used her words as a form of motivation. To prepare, the Brooklyn native landed internships with the U.S. Marshals Service, the Federal Emergency Management Agency [FEMA], the New York City Department of Investigation [NYC DOI] and private investigators with support from LEAP[Linking Experience, Academics, and Practice] and the alumni mentoring program.
John Jayteaches justice core values and offers amazing opportunities thanks to the many alumni, faculty, and staff that have worked in the criminal justice field.Jennifer Vera 23
Why was John Jay the right college for you?John Jay was my first choice for three reasons: First, it teaches justice core values and offers amazing opportunities thanks to the many alumni, faculty, and staff that have worked in the criminal justice field. Second, its a Hispanic-Serving Institution, which really means a lot to me because I grew up speaking Spanish, surrounded by Colombian and Ecuadorian culture. And third, I saw John Jays beautiful architecture on television shows, and that made me want to come here even more.
How has John Jay helped support your success?My LEAP advisor, Cristina Di Meo, encouraged me to apply to the alumni mentoring program, which connected me with my mentor Cynthia Cavalie-Gonzalez 02, a private investigator. Cynthia has taught me all about the private investigative field and she helped me become a student mentee for theCalifornia Association of Licensed Investigators[CALI]. Because of LEAP, I know what my interests are, the steps I need to take to reach my goals, and what it takes to be a leader.
Because of LEAP, I know what my interests are, the steps I need to take to reach my goals, and what it takes to be a leader.Jennifer Vera 23
What have your internship experiences been like so far?Last fall, with the help of CALI, I interned with Nardello & Co., a private investigative firm. There, I conducted open-source research, used data mining software, and created proposals. This spring, I interned with theU.S. Marshals Servicewhere I worked with different divisions, including warrants, civil, protective intelligence, criminal, and asset forfeiture. There were a lot of amazing hands-on experiences, like intrusion simulations and shooting range activities. I also really enjoyed their fitness training tests. It wasnt easy the first time, but I was proud of myself for improving my fitness performance.
What internships are you looking forward to this year?Im excited to work with FEMA and the New York City Department of Investigation. At FEMA, Ill be interning in the national preparedness division. Some of my responsibilities will include providing research, organizing webinars, and developing bulletin articles. At the New York City Department of Investigation, theyve asked that I assist in conducting interviews, developing investigative strategies, and identifying relevant records. Its rewarding to know that at FEMA, in some small way, Ill help protect people from hazards and disasters; and at the Department of Investigation, Ill help prevent fraud and corruption.
I want to demonstrate to Latina women that we can work in these traditionally male-dominated fields, and excel in them.Jennifer Vera 23
Where do you see yourself in 10 years?I hope to get my masters degree in international crime and justice and become a criminal investigator. My ultimate goal is to bring peace and justice into victims lives. I also want to demonstrate to Latina women that we can work in these traditionally male-dominated fields, and excel in them. One day I see myself speaking in front of a group of young Latina women and inspiring them to follow in my footsteps.
Continued here:
Servify raises Rs 520 crore in new round; aims for IPO in two years – Business Standard
Servify, a company that manages lifecycle of devices for several smartphone vendors in many markets, on Wednesday said it has raised USD 65 million (around Rs 520 crore) in a round led by Singularity Growth Opportunity Fund.
The startup, which serves global brands like Samsung and Apple, has raised the money at a valuation which is just under USD 1 billion, its founder Sreevathsa Prabhakar told PTI, adding that it would have achieved the 'unicorn' status after this round itself, if not for a few challenging conditions set by investors.
It has consciously raised money from domestic investors in this round because it aims to go public through an Initial Public Offering (IPO) in the next 18-24 months, he said.
Investors in the new round include family offices like that of Pidilite, and also existing investors like Iron Pillar, BEENEXT, Blume Ventures, and DMI Sparkle Fund, he said, adding there is a possibility of it raising another USD 5-7 million in the next month to close the round at USD 70 million.
Prabhakar said the six-year-old company is currently delivering an annual revenue run rate of over USD 130 million and will turn profitable in the next two months.
Hence, there was no need of capital per se, but the round got done with the ultimate aim of listing in mind, he said, adding the listing will happen once it is profitable for over 15 months.
Right now, 60 per cent of its revenue comes from domestic market and the rest from overseas market, he said.
In the next two years, international revenues will be 90 per cent of the pie as it takes the network to more countries and deepens its reach in the 40 countries that it operates in.
The company gets annuity income either from end-consumers or equipment manufacturers like Samsung and Apple to service a product during its lifecycle, and depends a lot on data mining and tech tools.
Prabhakar said it has data on 750 million customers and called it one of its biggest assets which is monetised, as the company uses it to better its understanding of usage patterns, maintenance events etc to underwrite better and widen its margins.
It had obligations to serve 4.8 million consumers as of end-FY22 and sees the same rising to over 10 million by end of the current fiscal, Prabhakar said, adding that it is doing 3.4 million transactions a month.
"Product protection is no longer an afterthought; in fact, it is rapidly taking centre stage for both OEMs and consumers. We, therefore, see Servify steadily moving towards global leadership in this massive addressable market of over USD 100 billion," Apurva Patel, a managing director at Singularity, said.
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
See the original post here:
Servify raises Rs 520 crore in new round; aims for IPO in two years - Business Standard
Using AI to Match Patients with Clinical Trials for Proactive Treatment – HIT Consultant
Lucas Glass,VicePresidentoftheAnalyticsCenterofExcellence, IQVIA
We are entering a new era of patient treatment options thanks to cutting-edge technologies that are changing the way life science companies approach and execute pharmaceutical research. One of the more significant solutions that support the faster and more efficient development of new pharmaceutical products such as the COVID-19 vaccine, which was developed faster than any other vaccine in history is artificial intelligence (AI)-driven data analysis. Thanks to modern life science technology solutions that employ AI for data analysis, new treatments for various illnesses can be made safer, faster and more focused on specific conditions.
21st Century Patient Treatment for Rare Illnesses
It can be difficult to develop treatments for patients dealing with rare illnesses, as it is often difficult to find enough patients to conduct thorough clinical research. Further, because the condition is rare, there may be sparse literature on the illness and even fewer specialists to consult. Yet, in many cases, there are more treatment options or clinical research in different stages the issue is that they are not widely known as the information is not widely shared.
Prior to AI-supported digital technology, the volume of treatments in clinical research environments was difficult for providers to assess as opportunities for their patients. Today, cloud, data and analytics technologies enable healthcare professionals to tailor treatments to a patients specific multi-omic data profile. These tailored treatments can be either pre or post-market, which opens up potentially life-saving clinical trials to patients with rare diseases, as the AI-technology supporting data-driven decisions can guide the physician through the huge volumes of patient data and treatment options. Imagine trying to navigate the internet without the support AI search algorithms and you can understand the challenge facing a physician trying to navigate the modern clinical research options at the same time as their patients multi-omic data profile.
Making Safe Data-Driven Decisions with AI
While AI-powered data analysis makes clinical research more efficient, it does not sacrifice safety for speed. Although manual efforts to analyze clinical research information are reduced, a large amount of data must be collected for accurate algorithm development. Any fragmented or inaccurate data diminishes the positive impact of AI-supported clinical research and could potentially result in unsafe data-driven decisions.
The key to making these patient treatment decisions is analyzing enough diverse data to gain insights into safety signals and the efficacy of new drugs. Disparate data from various sources will inevitably need to be cleaned and standardized for analysis. AI helps to support this process of data collection and preparation by automating the compilation, standardization, and analysis of all the data. This automatically establishes a universal source of truth, without the risk of human error to offset the accuracy of machine-generated insights, for healthcare professionals, regulators, and clinical researchers.
This data synthesis helps to overcome a significant challenge for todays clinical researchers, who must compile reports from HCPs and digital data from labs to get the full picture of a medicines effectiveness and safety. In addition, different countries have different regulatory requirements for handling patient data. For example, European servers must comply with GDPR guidelines, and in China patient data cannot cross the border to another country. Leveraging AI to automate the collection of the appropriate data can ensure that the right information is collected and analyzed to meet regional requirements and ensure patient safety.
Making Clinical Trials Data More Accessible for HCPs & Patients
Clinical researchers and pharmaceutical organizations tend to use digital technology to record and store data, the systems that HCPs use are rarely connected to those used by pharmaceutical organizations. In fact, there are dozens of different computer systems that clinical researchers and physicians use to record information. This situation creates siloed data on both ends of the spectrum. HCPs cannot easily access clinical research information, and researchers cannot easily receive updates on the efficacy of their new treatments from HCPs.
Currently, patients can also seek clinical trials that may offer novel treatments and therapeutic combinations intended to reduce symptoms and the overall burden of disease by visiting ClinicalTrials.gov. However, the website is not particularly patient-friendly and doesnt make finding relevant and potentially effective trials easy for patients that are not medically trained or educated. It is much easier for HCPs to identify clinical trials for their patients, especially when they have access to portable, AI-based technology at their fingertips that could suggest clinical trials for their patients respective illnesses.
Cloud and AI technology allow life science companies and HCPs to collaborate, creating a seamless map of a patients journey through the treatment process to further future research and develop newer and more innovative treatments for rare diseases.
A Better Future for Rare Disease Patients
Today HCPs and clinical research organizations weave together patient and treatment data while leveraging AI analytics,to safely place patients in clinical trials, as well as speed the development and approval of new medicines.This technology allows healthcare professionals to spend more time treating patients, and less time diagnosing their illness and researching a possible treatment. Companies that adopt AI-driven analysis for clinical research will also be better positioned to develop newer and more effective treatments down the line.
About Luca Glass
Lucas Glass is the Vice President of the Analytics Center of Excellence at IQVIA. The Center is responsible for researching, developing and operationalizing machine learning and data science solutions in the R&D business. Lucas started his career in pharmaceutical data science 15 years ago at Center (then owned by Galt Associates), working on pharmacovigilance data mining algorithms. Since then he has worked at the U.S. Department of Justice in healthcare fraud, several small startups, and TTC, LLC, which was acquired by IMS Health in 2012.
Originally posted here:
Using AI to Match Patients with Clinical Trials for Proactive Treatment - HIT Consultant
Viral TikTok reminds parents to avoid posting certain back-to-school pics for safety concerns – Motherly Inc.
It wouldnt be back-to-school season without a flurry of back-to-school photos with smiling children holding chalkboard signs. But before you post those adorable photos of your kids to social media, there are a few things to keep in mind.A viral TikTok is reminding parents to be careful about what they include in those cute chalkboard signs.
If it just says first day, thats not terrible, TikToker Cathy Pedrayes, a cybersecurity professional,says in the video. But photos that include the childs favorite activities, teachers name, names on backpacks, house numbers, license plates, and school name can create safety risks,Pedrayes told TODAY.
Related:Whats the harm in posting about our kids on social media?
Pedrayes' warning is echoed by law enforcement officers and cybersecurity experts as well. According to The Child Crime Prevention and Safety Center, there are anestimated 500,000 online child predators active each day.Predators can use this information as way to launch an online relationship with children. And personal information can pose a cybersecurity risk for data mining by potential hackers.
"[I]t is not your childs precious face thats the problem, its what is behind them,"Joe Miller, Chief of Police at the Palos Park Police Department, told NBC Chicago. "Things like your house number, what your house looks like, your street name, your car, license plate number or even where you child catches the school bus could be clues those unsavory characters use against you."
Among the things experts say NOT to include in photos you post on social media:
"We all know parents only do things that are best for their kids. They dont post something to harm the child, its the other people that grab that data. The other part of the data mining that goes on and a lot of people like to take that information and sell it," cybersecurity contractor Stanton Greenawalt told WPDE, an ABC affiliate.
These warnings follow in the heels of theWren Eleanor controversy, which shined a light on the risks of sharing photos of our kids on social media. Wren Eleanor is a toddler with her own TikTok account containing videos of the toddler doing toddler things, like wearing cute clothes and eating snacks. Boasting a whopping 17 million followers, Wren Eleanor is also an influencer account, with the tiny tot and her mom showing off clothing gifted to them by fashion retailers.
Parents began sharing concerns over the account when they noticed certain videos and photos of Wren Eleanor had been saved tens of thousands of times by complete strangers and that comments by grown men were often sexual and predatory in nature. Concerns prompted parents to launch a #SaveWren movement and motivated many parents to take their childrens photos off social media or make their accounts private.
Related: Social media is redefining the new motherhoodbut is that a good thing?
It's also important to respect your childs wishes if they dont want photos shared on social media, even if your account is private and there isnt any risky information included in the photo.And if your child is old enough to be on social media, talk to them about the risks as well.
Bottom line: Celebrate going back to school with cute photos, but be careful. Pause a minute before sharing, and consider whether to share the photo on social media at all. If you do, make sure it doesnt include personal information about your child or your family.
"People in general don't realize how much they overshare on social media," Pedrayes toldTODAY Parents.
Read more:
The Exhibition is Afoot: Indiana University’s Lilly Library Hosts Sherlock Holmes Objects – LJ INFOdocket
From Indiana University Bloomington:
When a prominent collector of Sherlock Holmes memorabilia was asked to consider Indiana Universitys Lilly Library as a location for his latest exhibition, Sherlock Holmes in 221 Objects, the answer was elementary.
The Lilly Library already had a relationship with the collector, Glen Miranker, through a prior Holmes exhibition. The library has its own collection of Holmes artifacts, and it makes its various collections available to the public.
There are natural places for intellectual fervor and curiosity, the presence and respect and appreciation of the written intellectual history of man, Miranker said. Its institutions like IU. Its just a natural place.
[Clip]
The Lilly Library has a first edition of the first Holmes story, A Study in Scarlet, published in 1887; it is one of 23 known surviving copies. Also in its collection are a copy of the first appearance of Holmes in The Strand Magazine; the original, handwritten manuscript for The Adventure of the Red Circle; and first editions of other novels and story collections.
The library is the repository of the archives of the Baker Street Irregulars, also known as the BSI the first literary society to study and honor Holmes and the archives of the Mystery Writers of America, the association for professional crime writers in the U.S.
Also in the Lilly Librarys collection are examples of other Victorian and Edwardian detective characters, Victorian fiction and the London underworld.
Learn More, Read the Complete Post
Direct to Exhibition Web Site
Filed under: Archives and Special Collections, Libraries, News, Open Access
Gary Price (gprice@gmail.com) is a librarian, writer, consultant, and frequent conference speaker based in the Washington D.C. metro area.He earned his MLIS degree from Wayne State University in Detroit.Price has won several awards including the SLA Innovations in Technology Award and Alumnus of the Year from the Wayne St. University Library and Information Science Program. From 2006-2009 he was Director of Online Information Services at Ask.com. Gary is also the co-founder of infoDJ an innovation research consultancy supporting corporate product and business model teams with just-in-time fact and insight finding.
View post:
Bitcoin Miners Take in Bear Rally Profits by Selling More Than 6000 BTC Since August 1 Bitcoin News – Bitcoin News
Bitcoins value against the U.S. dollar lost 7.3% during the last 24 hours after more than $600 million in value was removed from the $1.07 trillion crypto economy. Statistics show that a number of bitcoin miners capitulated over the last two weeks, selling 5,925 bitcoin worth millions, according to cryptoquant.com data.
Bitcoins U.S. dollar value slid from $23,593 per unit to $21,268 per coin at 8:30 a.m. (EST) on Friday morning. More than $600 million has been erased from the crypto economy during the last day as BTC lost 7.3% and ETH shed 7.4%. A number of other coins lost value against the U.S. dollar as well as BNB dipped by 5%, XRP slipped by 9%, and ADA lost 10.3% during the past 24 hours.
According to data stemming from cryptoquant.com shared by Ali Martinez bitcoin miners capitulated during the last 14 days. Bitcoin miners appear to have taken advantage of the recent upswing to book profits, Martinez said. Data shows that miners sold 5,925 BTC in the last two weeks, worth roughly $142 million.
Following Martinezs tweet, cryptoquant.com data shows more than 6,100 BTC have been sold since the first of August. The web portals Miners Position Index says bitcoin miners are moderately selling bitcoin. Using todays crypto market values, 6,100 BTC equates to $130.80 million, a much lower value than Martinezs quote price.
Miners took a break from selling BTC after a flurry of mined bitcoin was sold during the two months prior to August 1, 2022. A Blockware Intelligence Newsletter published on July 29 explained that the end of miner capitulation was near. According to the hash ribbon metric, Bitcoin is 52 days into a miner capitulation, the Blockware newsletter said. Blockwares report added:
The end of a miner capitulation historically marks a bear market bottom.
During the first two weeks of August, it seemed as though miner capitulation was over and BTC managed to tap $25,212 per unit on August 14. BTC has lost 14.58% since the August 14 high and its currently down 69% from the $69,044 per unit price recorded on November 10, 2021. This past week Bitcoins mining difficulty rose by 0.63% making it more difficult for miners to discover BTC blocks and with prices lower, mining bitcoin is less profitable today than it was five days ago.
Despite the difficulty rise, after coasting along under the 200 exahash per second (EH/s) zone at 182.40 EH/s the day prior on August 18, 2022, BTCs hashrate has skyrocketed to 267.40 EH/s. Thats a 24-hour increase of around 46.60% higher than the 182 EH/s recorded on Thursday afternoon (EST).
Using the current difficulty parameter, BTCs current market value and a cost of around $0.12 per kilowatt hour (kWh), a Bitmain Antminer S19 XP with 140 terahash per second (TH/s) can get an estimated $4.85 per day in profit. The Microbt Whatsminer M50S launched in July with 126 TH/s can get an estimated $2.74 per day in profit, according to current market statistics.
What do you think about miners selling 5,925 bitcoin during the last two weeks? Do you think miner capitulation is over or will continue? Let us know what you think about this subject in the comments section below.
Jamie Redman is the News Lead at Bitcoin.com News and a financial tech journalist living in Florida. Redman has been an active member of the cryptocurrency community since 2011. He has a passion for Bitcoin, open-source code, and decentralized applications. Since September 2015, Redman has written more than 5,700 articles for Bitcoin.com News about the disruptive protocols emerging today.
Image Credits: Shutterstock, Pixabay, Wiki Commons
Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.
See the article here:
Largest Ethereum miner, Ethermine, stops processing sanctioned transactions – CryptoSlate
The hope of a decentralized, open, free internet is in jeopardy right now. This is not hyperbole, FUD, or clickbait. Ethermine, the largest Ethereum mining pool, no longer produces blocks containing Tornado Cash transactions. This is likely due to OFAC sanctions and is an example of censorship at the protocol level.
Crypto analyst, Takens Theorem, discovered that Ethermine has stopped processing Tornado Cash transactions and presented the chart below. CryptoSlate reviewed on-chain data and confirmed that Ethermine had not produced a block that included a Tornado Cash transaction during the timeframe shown below.
We have to go back roughly ten days to find a block produced by Ethermine that includes a Tornado Cash transaction. Block 15306892 was created on August 9th and was mined by Ethermine. The block had a 10 ETH transaction processed through the Tornado Cash router.
A review of the most recent Tornado Cash Router transactions showed that it was dominated by Hiveon, P2Pool, 2Miners, and others.
Why does this matter? Recently, the U.S., via OFAC, sanctioned the use of Tornado Cash, making it illegal for any U.S. entity to interact with the protocol.
Following this sanction, Circle blacklisted USDC on the Ethereum network so that any holder who had interacted with Tornado Cash would no longer be able to interact with the smart contract. This move essentially froze all $USDC that had passed through Tornado Cash.
Next, DeFi protocols such as Aave, Uniswap, Balancer, and others introduced an API from TRM Labs, which disabled the front end of their dApps, essentially banning addresses sanctioned by OFAC.
Aave reportedly restored access to addresses that had been dusted with 0.1 ETH by a hacktivist attempting to highlight one of the critical issues with adhering to the sanctions. According to OFAC, any address that interacted with Tornado Cash was now under sanction from the U.S. Thus, when the hacktivist sent 0.1 ETH to several influential people in the crypto space, it showcased that the sanctions could easily be exploited.
While it is arguably good that Aave has restored access to those high-profile people who were targeted, the question remains, what will happen to users who are targeted by such an attack in future?
If I dont like my boss, so I send him 0.1 ETH through Tornado Cash, will he also now be banned from Aave? If so, how will Aave prove that his claim is legitimate? Banned users can still either fork the protocol or interact via CLI, but this is out of the reach of most users.
The choice by Ethermine to stop producing blocks that include Tornado Cash transactions is a step beyond any of the above. Selecting which transactions to process goes against the core principles of the Ethereum blockchain. The network is supposed to be open-source, free, decentralized, and inclusive.
While other miners are still processing the transactions at present, if others follow Ethermines lead, there is a possible world where Tornado Cash no longer has miners willing to process its transactions.
Vitalik Buterin was so outraged at the thought validators may comply with OFAC sanctions after The Merge that he declared any validators complying with the sanctions should have their ETH staked burned. He agreed with the sentiment that actions that do not include Tornado Cash transactions should be considered an attack on Ethereum and burn their stake via social consensus.
When discussing the possibility of proof-of-stake validators ignoring Tornado Cash transactions, Igor Mandrigin, CTO of web3 infrastructure company Gateway.fm, told CryptoSlate,
It is not impossible technically to not propose blocks with TC, ignore from the transaction pool but the fewer validators are under US regulations, the better ofc.
Within a day of the above conversation, we now see a real-world example of proof-of-work validators ignoring Tornado Cash blocks.
Ethermine is not a U.S.-based company and therefore does not fall under the jurisdiction of the OFAC sanctions. However, miners that use the Ethermine pool could be situated within the U.S. If Ethermine mines a block that includes a Tornado Cash transaction, it could be considered interacting with Tornado Cash, thereby breaking the sanctions.
In response to the news, Martin Koppelmann, Co-Founder of Gnosis, disagreed with a comment suggesting it does not matter.
Co-Founder of Paradigm, Matt Huang, recently reiterated the importance of the blockchain ecosystem to remain neutral and resist censorship.
Harsh Rajat, Founder of Ethereum Push Notification Service, shared similar concerns telling CryptoSlate,
Regulations to ban an open source tech is similar to bringing charges against ford for inventing cars. Its saddening to see that projects that are good are forced to comply with regulations owing to fear of getting targetted or because the regulations are written in such a way. Though, even more tragic is the way someone did a knee jerk reaction and bought in laws that simply cant be applied to web3.
Regarding a solution, Rajat stated, simply put, we need to stop bad actors but not the inventions that help us progress forward.
No entity within the Ethereum ecosystem should be able to decide what is included in blocks and what is not. While the news is startling, it is not yet a crisis. No other mining pools appear to be following Ethermines lead, and Ethereum validators such as Coinbase have categorically stated they will not censor transactions after The Merge.
However, this is a dangerous road to be traveling along. This is not the direction toward a free and fair decentralized internet; it is several steps backward and potentially the path to an even darker future.
The Tornado Cash code itself does nothing illegal and is fully open-sourced. We do not imprison gun manufacturers when they are used against innocent people. The government does not assume blame when a criminal uses cash for an illegal transaction. By the same arguments, the code written by the Tornado Cash team is not responsible for those who launder money through the protocol.
Tornado Cash has legitimate uses and is a privacy tool at its core. In my opinion (Akiba), the authorities should investigate and trace how the money got to Tornado Cash and what it was used for after, as thats where the illegal activity can be found.
There is a possibility that it is merely a coincidence that no Tornado Cash transactions have been included in Ethermine blocks. However, given it produces around one-third of the networks hashrate, it is unlikely.
CryptoSlate reached out to Ethermine for comment but has received no response. A moderator on the Discord forum told CryptoSlate that Ethermine/BitFly is a registered GmbH so theyre beholden to Austrian laws, so the possibility exists that its a compliance move. I could not say for certain however and Ill defer to the admin team.
Original research and findings by Oluwapelumi Adejumo.
UPDATE: Headline revised to improve clarity.
Become a member of CryptoSlate Edge and access our exclusive Discord community, more exclusive content and analysis.
On-chain analysis
Price snapshots
More context
Read the original:
Largest Ethereum miner, Ethermine, stops processing sanctioned transactions - CryptoSlate