Connect with us
European Gaming Congress 2024

Blockchain Press Releases

Newpark Healthcare Advances Operational Efficiency with IntelliTek Health’s AI-Enabled Document Search

Published

on

newpark-healthcare-advances-operational-efficiency-with-intellitek-health’s-ai-enabled-document-search

KIRKLAND, Wash., Aug. 17, 2023 /PRNewswire/ — IntelliTek Health, in collaboration with Newpark Healthcare, is excited to announce our AI-enabled document search, IntelliTek SearchAI – A voice-enabled, generative AI search tool which provides secure, streamlined access to and recall of corporate information from structured and unstructured data formats across digital systems, documents, and third-party sources, from any device. The beta product launched in the Fall of 2022 and was quickly adopted by Newpark Healthcare as part of a suite of initial commercial engagements, supporting their pre-commissioning and commissioning processes with leading EMEA healthcare organizations. The AI-enabled search tool (in the hands of their quality, compliance, and clinical process development teams) demonstrated marked improvements in operational efficiency and cost savings, defining a new standard in healthcare document management, particularly in the realm of voice-enabled, contextual information retrieval.

Newpark Healthcare realized remarkable efficiencies in just 12 weeks. Knowledge workers deployed to the project showcased a 2x-5x performance boost compared to traditional manual methods of information retrieval, with 100% accuracy. “When we use this tool at scale, the performance and cost savings generated are considerable, and we pass these benefits on to our clients,” shared Brian Flood, Chairman of Newpark Healthcare.

“This is like having ‘Control F’ across your entire organization, being able to locate crucial documents and information within seconds from any repository the tool can access,” added “Carmel Roberts” SSME Quality and Patient Safety.

Key outcomes from the initial 12 weeks of project engagement include:

  • A 68% reduction in data interrogation time – from 465 hours down to a mere 148 hours per person.
  • $15,000 of cost savings in terms of hours per person due to improved navigation efficiency.
  • Forecasted project savings of over $1.1M annually as the number of knowledge workers increases.

Also, the tool’s ability to quickly access critical patient data at the point of care leads to faster diagnoses and treatment plans, contributing to a 10-17% increase in patient census.

Martyn Molnar, Global Healthcare Lead and AI Products CEO at IntelliTek Health, stated, “Employees spend up to 2.5 hours each day looking for the right information. The automation opportunity in information retrieval and document interrogation across complex projects is tremendous and delivers value in weeks. Healthcare environments amass complex documentation quickly, from compliance policies, processes, equipment manifests, care plans to treatment protocols, and swift navigation to the right information at the right time, is critical to providers looking to deliver a high-quality service.” Molnar added, “Since deployment, we have also been requested to configure the product for other highly regulated industries such as Aviation and Insurance.”

Advertisement
Stake.com

In summary, IntelliTek SearchAI is redefining the landscape of healthcare operations at Newpark Healthcare, fueling both financial and operational efficiencies while elevating patient care standards. With a commitment to technological advancement, we are transforming data accessibility, compliance, and patient experiences – the cornerstones of modern healthcare.

About Newpark Healthcare:
Newpark Healthcare, established in 1984, is a specialist in complete hospital development, expertly steering the path from concept to operation. Our experienced team delivers bespoke solutions to ensure each unique hospital project’s successful launch and sustainable operation. Alongside our partners and clients, we deliver clinically robust, efficient, and commercially sound hospitals ready to serve their communities.

About SmarTek21, LLC and IntelliTek Health:
Recognized globally by Gartner as an AI leader since 2018, SmarTek21 provides Intelligent Technology Transformation to Fortune 500 clients and leading enterprises worldwide. Our technology and services have generated billions in revenue for clients across sectors, including Telecoms, Healthcare, Aviation, Retail, eCommerce, Insurance, and Banking.

IntelliTek Health, a SmarTek21 LLC branch, leads the charge in healthcare technology solutions. With a commitment to addressing current healthcare challenges, IntelliTek Health focuses on delivering AI-powered Productivity and Services to the healthcare industry to enhance operational efficiency, patient care, and regulatory compliance.

For more information, visit www.intellitekhealth.com and www.smartek21.com

Advertisement
Stake.com

Press Contact:
James Meadows
Sr. Director of Marketing
jamesm@smartek21.com

Logo – https://mma.prnewswire.com/media/1553494/SmarTek21_Logo.jpg

Cision View original content:https://www.prnewswire.co.uk/news-releases/newpark-healthcare-advances-operational-efficiency-with-intellitek-healths-ai-enabled-document-search-301903294.html

Continue Reading

Blockchain Press Releases

Bybit Announces Highly Anticipated Restock of BTC Wealth Management Fund Pool

Published

on

bybit-announces-highly-anticipated-restock-of-btc-wealth-management-fund-pool

DUBAI, UAE, June 21, 2024 /PRNewswire/ — Bybit, one of the world’s top three crypto exchanges by volume, is thrilled to reveal its upcoming restock of the Bitcoin (BTC) Wealth Management Fund Pool, following the immense popularity and success of the initial rounds.

Sold Out in Record Time

During the soft launch on June 3, Bybit allocated a total of 100 BTC to the Wealth Management Fund Pool, which astonishingly sold out within a mere 7 hours.

Catering to High Net Worth Individuals (HNWIs), VIP customers, and asset managers, the first restock of 50 BTC went live on June 5, quickly oversubscribed within a remarkable 5 hours, highlighting the continued demand and enthusiasm from our valued users.

Restock for VIPs and Regular Users

Advertisement
Stake.com

The second round of restock will be available to both VIP customers and regular users, offering the most compelling rates in the industry.

It is scheduled to take place on June 21, 10 AM UTC. Bybit is excited to offer users another opportunity to participate in this investment opportunity, and understands the importance of catering to a diverse range of investors and are committed to providing equal opportunities for all.

Bybit’s Wealth Management service empowers users to efficiently manage, plan, and invest their digital assets. It offers a range of professional investment strategies and diverse portfolios to help users achieve their investment goals effectively and confidently.

For more information about Bybit Wealth Management, visit this page.

#Bybit / #TheCryptoArk

Advertisement
Stake.com

About Bybit

Bybit is one of the world’s top three cryptocurrency exchanges by volume with 30 million users. Established in 2018. It offers a professional platform where crypto investors and traders can find an ultra-fast matching engine, 24/7 customer service, and multilingual community support. Bybit is a proud partner of Formula One’s reigning Constructors’ and Drivers’ champions: the Oracle Red Bull Racing team.

For more details about Bybit, please visit Bybit Press.
For media inquiries, please contact: [email protected]
For more information, please visit: https://www.bybit.com
For updates, please follow: Bybit’s Communities and Social Media

Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | Youtube

Bybit Logo

Photo – https://mma.prnewswire.com/media/2444508/Bybit_Announces_Highly_Anticipated_Restock_BTC_Wealth_Management_Fund_Pool.jpg
Logo – https://mma.prnewswire.com/media/2267288/Logo.jpg

Cision View original content:https://www.prnewswire.co.uk/news-releases/bybit-announces-highly-anticipated-restock-of-btc-wealth-management-fund-pool-302178873.html

Advertisement
Stake.com
Continue Reading

Blockchain Press Releases

Bybit’s Institutional Investors Triple ETH Exposure Ahead of ETF Launch

Published

on

bybit’s-institutional-investors-triple-eth-exposure-ahead-of-etf-launch

DUBAI, UAE, June 21, 2024 /PRNewswire/ — Bybit, one of the world’s top three crypto exchanges by volume, has released a new study showing institutional investors have increased their ETH holdings ahead of the launch of the spot ETH ETF in the US. Analysts predict this ETF will capture between $8 and $12 billion from US and global markets, driving Ethereum to new all-time highs by year-end.

According to recent data, Bybit’s institutional investors’ exposure to ETH has almost tripled since the ETF announcement on May 24, 2024—moving from 6.54% to a current weighting of 14.29%. This surge underscores the growing confidence in Ethereum’s future performance and the expected positive impact of the ETF launch.

Retail investors on Bybit have also increased their ETH allocations, although not as dramatically as institutional investors. The allocation to ETH has risen from 7.40% to 9.52%, reflecting a cautious but positive response to the ETF announcement.

“Ethereum is the crypto product favored by traditional capital such as BlackRock and Franklin Templeton, both of whom have tokenized funds on the platform,” said Hao Yang, head of financial products at Bybit. “Given this, the chain seems poised to become the institutional pick. With its native yield, the ETH token allows for composability, and we are seeing protocols building interesting derivatives based on ETH’s stable yield, leveraging this to create crypto primitives that mimic those built on top of the US Treasury market. Finally, because a portion of ETH is burned (sent to a wallet from which no withdrawals are possible), the asset can become deflationary, which means the more network effects kick in, the scarcer the asset becomes.”

#Bybit / #TheCryptoArk

Advertisement
Stake.com

About Bybit

Bybit is a top-three cryptocurrency exchange by volume with 30 million users established in 2018. It offers a professional platform where crypto investors and traders can find an ultra-fast matching engine, 24/7 customer service, and multilingual community support. Bybit is a proud partner of Formula One’s reigning Constructors’ and Drivers’ champions: the Oracle Red Bull Racing team.

For more details about Bybit, please visit Bybit Press.
For media inquiries, please contact: [email protected]
For more information, please visit: https://www.bybit.com
For updates, please follow: Bybit’s Communities and Social Media

Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | Youtube

Bybit Logo

Photo – https://mma.prnewswire.com/media/2444731/IMG.jpg
Logo – https://mma.prnewswire.com/media/2267288/Logo.jpg

Cision View original content:https://www.prnewswire.co.uk/news-releases/bybits-institutional-investors-triple-eth-exposure-ahead-of-etf-launch-302178969.html

Advertisement
Stake.com
Continue Reading

Blockchain Press Releases

Taiwan’s Leading Crypto Market Leader BitoGroup Partners with Digital Bank to Launch World’s First Crypto-Friendly Bank Account

Published

on

taiwan’s-leading-crypto-market-leader-bitogroup-partners-with-digital-bank-to-launch-world’s-first-crypto-friendly-bank-account

TAIPEI, June 21, 2024 /PRNewswire/ — BitoGroup, the leading cryptocurrency market leader in Taiwan, today announced its partnership with Far Eastern International Bank Bankee to launch the world’s first dedicated crypto-friendly bank account. As cryptocurrency adoption by international institutions continues to grow, BitoGroup began serving financial institutions two years ago, setting a precedent as the first cryptocurrency exchange to form an alliance with financial institutions. This partnership promotes seamless integration between traditional banks and third-party payment processors. It represents a significant breakthrough for the financial market and has sparked considerable interest within Taiwan’s financial sectors. By collaborating with large institutions, BitoGroup aims to strengthen the cryptocurrency ecosystem and plays a crucial role in driving innovation in financial technology.

The world’s first dedicated bank account for cryptocurrency users is the result of three years of research and effort by BitoGroup and Bankee. This innovative service was achieved by integrating the systems and service processes of the two companies, while ensuring compliance with regulations and supervisory measures, and prioritizing user’s experience.

“Both BitoGroup and Bankee place great emphasis on the security of member assets, platform stability, and user transaction experience,” said Titan Cheng, Founder and CEO of BitoGroup., “Since the initial pilot phase, we have received positive feedback from the community. The Bankee dedicated account can be linked to BitoPro’s exchange account and set up in as little as one hour, significantly enhancing user’s convenience. During the pilot phase, the average daily transaction amount per user increased by 25%. With over one million members in Taiwan, we expect explosive growth once the service is officially launched.

Cheng emphasized that the cryptocurrency community is excited about the collaboration between exchanges and traditional financial institutions. This collaboration will positively improve user confidence in transactions and reverse the negative image of cryptocurrency scams. In the future, BitoGroup will join forces with Bankee to introduce more services, enriching the flexibility of utilizing both fiat and cryptocurrencies.

BitoPro has also partnered with Taiwan’s largest third-party payment processors, Neweb Technologies, to launch “BitoPay”, enabling 300,000 merchants and millions of members to use cryptocurrency for payments, making “BitoPay” the most widely accepted crypto payment solution in Taiwan.

Advertisement
Stake.com

BitoGroup believes that partnering with large institutions to integrate cryptocurrency use into existing operational systems is not only the best way to promote cryptocurrency usage but also fosters innovation. Initiatives such as exchanging convenience store loyalty points for digital currency, enabling cryptocurrency payments through e-commerce third-party payment services, and the recent launch of crypto-friendly accounts with Bankee, all contribute to expanding the existing ecosystem. BitoGroup’s robust blockchain infrastructure, combined with a focus on optimizing service processes through technology, will create a win-win situation for institutions, exchanges, and users.

Taiwan’s cryptocurrency industry has officially entered a new era of regulation with the establishment of the Virtual Asset Service Provider (VASP) Association. BitoGroup’s founder and CEO, Titan Cheng, has been elected as the first Chairman of the VASP Association. This close cooperation between cryptocurrency and traditional financial institutions will help strengthen the trust of regulatory authorities and financial institutions in the cryptocurrency industry, laying a solid foundation for the crypto-financial system.

About BitoGroup

Founded in 2014, BitoGroup aims to use blockchain technology to achieve the goal of inclusive finance, including assisting companies and consumers to enter the new era of Web3. The businesses of the group include BitoPro (a cryptocurrency exchange), BELS (an NFT empowerment platform), and O2 META (a metaverse-focused social media platform).

View original content:https://www.prnewswire.co.uk/news-releases/taiwans-leading-crypto-market-leader-bitogroup-partners-with-digital-bank-to-launch-worlds-first-crypto-friendly-bank-account-302178876.html

Advertisement
Stake.com

Continue Reading
Advertisement
Stake.com
Advertisement

Latest News

Recent Listings

  • Global Payout, Inc.

    Since the Company’s inception in 2009, Global Payout, Inc. has been a leading provider of compreh...

  • MTrac Tech Corp.

    MTrac Tech Corporation, a Nevada Corporation, is a privately held, wholly owned subsidiary of Glo...

  • Net1

    Net1 is a leading provider of transaction processing services, financial inclusion products ...

  • uBUCK Technologies SEZC

    Based in Georgetown, Cayman Islands, uBUCK Tech is a fintech enterprise that specializes in digit...

  • LiteLink Technologies Inc.

      LiteLink is a major player in developing world-class enterprise platforms that utilize ar...

  • Good Gamer Corp.

      Good Gamer Corp. is a privately-held technology company focusing on gamers and streamers....

  • BitPay

      Founded in 2011, BitPay pioneered blockchain payment processing with the mission of trans...

  • About Net1

      Net1 is a leading provider of transaction processing services, financial inclusion produc...

  • Blockchain Foundry Inc.

    Headquartered in Toronto, Canada, Blockchain Foundry (CSE:BCFN)(FWB:8BF)(OTC:BLFDF) is a global b...

  • Sixgill

    Sixgill provides a full suite of universal data automation and authenticity products and services...

Trending on TBE