According to the Centers for Medicare & Medicaid Services (CMS), National Health Expenditure (NHE) was $12,530 per person in 2020, accounting for roughly 19.7% of GDP. Also, a study by Humana Inc. revealed that over 25% of US healthcare spending is wasted, which can be attributed to administrative difficulties, duplicate services, unnecessary treatments, prescription pricing, and readmissio...

Today the US Patent & Trademark Office published a patent application from Apple that relates to a completely new computer device concept. All envisions a Magic Keyboard-like device to actually house a full computer that could plug into any display in a home or office. Many users own or operate computing devices which are regularly, if not exclusively, utilized in a particular location, lik...

Insurance executives are recognizing the power of innovation to accelerate the pace of company change. Yet for innovation to deliver long-term value, it must become embedded in a carrier’s DNA.Insurance is not typically considered a bastion of innovation, despite a long track record of creating new and exciting markets around emerging risks and consumer demands. For example, the relatively nas...

Universal AI translation could be a killer app for Meta’s future.Meta, the owner of Facebook, Instagram, and WhatsApp, has announced an ambitious new AI research project to create translation software that works for “everyone in the world.” The project was announced as part of an event focusing on the broad range of benefits Meta believes AI can offer the company’s metaverse plans.“The abi...

As the Russia-Ukraine conflict escalated and possible sanctions against Russia were discussed, much of the focus has been on cutting off Russian energy exports, the lifeblood of the country’s economy. As the ruble’s value plummeted to historic lows this week and more and more companies are cutting ties with Russia or suspending their operations in the country, it’s worth having a look at the...

A collaboration between engineers at Lufthansa Technik and chemicals and coatings manufacturer BASF has resulted in the creation of AeroSHARK—a thin film coating that can be applied to an aircraft's outer skin to reduce drag and thus fuel consumption and carbon emissions. Swiss International Airlines has posted a blog entry on their website describing the film and the benefits the company expe...

Do you remember what it was like to go grocery shopping before the pandemic? For many of us, we can’t imagine how we ever survived the past two years without our smartphones and the internet enabling contactless shopping, deliveries, and other product exchanges with other homes and businesses.Purchasing food was especially daunting, especially in the beginning when we didn’t know very much ab...

From casual collectors, to crypto-natives, Jing Collabs & Drops’ latest report categorizes the three types of consumers who are showing confidence in NFTs. Whether you’re a crypto-professional or the blockchain is entirely alien to you, there’s one thing that everyone knows about non-fungible tokens (NFTs): they’re selling for a major price. For context, the first NFT artwork to ever au...

Pushan Panda's design allows consumers to easily tear the paper-based elements of cartons away from the plastic liner.Spotted: Paper drinks cartons are used for many of our most-beloved beverages – from milk to orange juice. In fact, on average, around 900,000 tonnes of beverage cartons are put on the market in Europe each year, with the majority being used for dairy products. The paper exteri...