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Good news for sick kids: The U.S. House of Representatives approved a $2.9 trillion budget resolution for fiscal 2008 that proposes to fund the State Children’s Health Insurance Program up to $50 billion above its baseline over five years. The vote was 216-210. Congressional Democrats believe $50 billion will cover the 6 million already enrolled [...]
The National Transition of Care Coalition (NTOCC), founded just six months ago to solve transitional care issues, continues to build support within the health care industry and continues to draw great interest from consumer groups. Originally started by 13 national leading health care industry organizations, NTOCC has expanded to include 23 groups representing participants from [...]
Emdeon Business Services announced that George Lazenby, 37, has been named its Chief Executive Officer, effective immediately. Mr. Lazenby has been a key member of the Emdeon Business Services management team and predecessor companies since 1996. Most recently, as Executive Vice President of Provider Services, Mr. Lazenby led Emdeon Business Services’ provider-facing businesses, which represent [...]
TeleTech Holdings, Inc. announced the public offering of 5,000,000 shares of its common stock at a price of $36.50 per share. The shares are being offered by Mr. Kenneth D. Tuchman, chairman and chief executive officer of TeleTech. TeleTech is not selling any shares in the offering and will not receive any proceeds from the [...]
Most consumers, if given an option, would rather speak with a live operator than a computerized recording when seeking out customer service. Computerized recordings, though programmed to sound human, empathetic, and helpful, often won’t bend the rules the way a live agent will. When dealing with a live customer service representative, consumers feel like they [...]
Marking the start of a significant new effort to improve the financial literacy level of America’s college students, Visa USA today announced the national launch of its What’s My Score program, which includes giving away 5,000 free FICO credit scores. Coming on the eve of "Financial Literacy Month," which is held annually in April to [...]
First Data International, a global leader in electronic commerce and payment services, today announces the findings from a study of banking fraud in Europe, Middle East and Africa. Fraud experts from 52 banks across the region call for greater co-operation in the fight against fraud while acknowledging the significant barriers that stand in the way [...]
Since consumer spending eased up a bit in February (and January, for that matter) and the Commerce Department released data Friday showing inflation is advancing, some economists have broken out the MacroEcon 101 textbook and trotted out a word used only when Jimmy Carter is in the White House: stagflation. Stagflation, that ugly economic combination [...]
Little Rock-based Acxiom® Corporation announced it has acquired Harbinger Technologies Group, an ICx Technologies Company based in McLean, Va., with an office in Starkville, Miss. Financial terms were not disclosed. Harbinger Technologies is an international consulting and technology firm that develops software tools and training programs for personnel involved in homeland defense, national security and [...]
First Data International, part of First Data Corp., a global leader in electronic commerce and payment services, announced today that it has reached an agreement to acquire POLCARD SA, Poland’s leading independent merchant acquirer and card issuer processor, in an all-cash transaction for $325 million. Poland is the largest market of the recent countries to [...]