Simplify Healthcare's Benefits1™.Medicare Drives Over 30% of Nationwide PBP Submissions to CMS, Marking Over 7 Years as a Trusted Industry Leader
Benefits1™.Medicare continues to be the industry leader, enabling large-scale CMS bid submissions successfully for over 7 years, while also importing data seamlessly from the CMS-PBP software. Designed to handle the complexities of bid submission and accessible immediately (benefit updates can be started at any time independent of HPMS releases), the platform continues to set the standard for speed, accuracy, and compliance in PBP submissions with its seamless integration, robust reporting, global data updates, secure user roles, workflow automation and audit tracking capabilities.
"Our customers relied on Benefits1™.Medicare to streamline over 30% of nationwide PBP submissions—proof of the trust we've earned and the efficiency our platform delivers year after year." — Ramesh Padri, VP of Product Delivery at Simplify Healthcare.
"Managing the full Medicare Advantage lifecycle—from bids to digital delivery—makes Benefits1™.Medicare truly stand out in helping Payers drive value and improve member experiences." — Tasneem Chital, VP of Government Markets at Simplify Healthcare.
Industry Leadership Through Customer Focus
As healthcare organizations face increasing operational and regulatory challenges, Benefits1™.Medicare offers an effective solution that simplifies workflows while driving greater organizational efficiency.
"This milestone reflects our long-standing commitment of partnering with health plans to successfully manage bid submissions. We bring the full stack partnership experience — people, thought leaders, product, and technology— towards delivering a superior bid submission experience for our customers." — Nirnay Patel, EVP & GM of Benefits1™ at Simplify Healthcare.
About Simplify Healthcare
Simplify Healthcare powers connected benefits and provider journeys for Payers through a scalable, enterprise-grade, secure, compliant, and configurable cloud-based software platform — Simplify Health Cloud™. We offer highly scalable, technology-centered document and translation management services to Payers through Simplify Docs™. We also empower industries with AI-native SaaS solutions designed to build and deploy digital solutions faster, better, and with embedded AI through SimplifyX™.
View source version on businesswire.com: https://www.businesswire.com/news/home/20250606918480/en/
Contacts
Simplify HealthcarePhone: (844) 720-6678Email: info@simplifyhealthcare.com
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Business Wire
a minute ago
- Business Wire
Unleashing an Infinite Future, the Final Book in Todd Thomas's Groundbreaking Energy Trilogy, Debuts at #1 on Amazon
GRAND RAPIDS, Mich.--(BUSINESS WIRE)--Energy thought leader Todd Thomas has officially released Unleashing an Infinite Future: Innovation, Energy, and the Limitless Potential of the Human Mind, the third and final volume of his acclaimed Unleashing Abundant Energy trilogy. Within days of publication, the book soared to #1 on Amazon—joining its predecessors as the top three best sellers in the Energy and in the Green Business categories. Together, the trilogy has become a definitive guide for navigating and leading through one of the most urgent transitions of our time. 'This isn't just a book—it's a movement. And once again, Todd Thomas proves he's not just writing about the future… he's helping shape it.' Share Lauded as 'a bold manifesto' and 'a movement,' Unleashing an Infinite Future tackles the global energy crisis, breakthrough innovations like nuclear fusion, AI-optimized biomass, and biocomputing, and asks a vital question: How do we meet the world's exploding energy needs without burning the planet to the ground? 'This isn't just a book—it's a movement. And once again, Todd Thomas proves he's not just writing about the future… he's helping shape it.' — TC Bradley, Nationally Syndicated TV Host & Publisher 'It's a timely and essential roadmap for what comes next.' — Brian Hartmann, President of NorthStar Clean Energy The final volume in the series shifts the conversation from technology alone to the limitless power of the human mind, arguing that innovation is not just a tool—it's our greatest natural resource. With chapters on brain-computer interfaces, AR/VR in medicine, thought-controlled robotics, and AI-enhanced energy systems, Thomas doesn't just catalog trends—he points to actionable solutions for building a resilient and abundant future. The trilogy includes: Volume 1: Unleashing Abundant Energy A sweeping look at how AI, innovation, and bold entrepreneurs are reshaping global power systems. Volume 2: Unleashing an Abundant Energy Revolution A blueprint for aligning investment and innovation with scalable climate solutions. Volume 3: Unleashing an Infinite Future A manifesto for the next frontier—where human ingenuity meets deep tech to solve our greatest challenges. What Others Are Saying: 'A must-read for anyone invested in shaping a bold and abundant future.' — Lesa Mitchell, GM, Alloy Partners 'An essential read for anyone reimagining how we create the spaces we live, work, and thrive in.' — Alexey Dubov, CIO, Mighty Buildings With energy demand projected to double by 2050, Unleashing an Infinite Future arrives as both a warning and a blueprint. From fusion energy and hydrogen from waste to neural computing and circular economies, Thomas provides a sweeping yet practical vision for what's possible—if we choose to act boldly. Explore the full trilogy on Amazon: Unleashing an Infinite Future – Amazon #1 Best Seller About the Author Todd Thomas is a recognized voice in AI, innovation and entrepreneurship, and is the best-selling author of the Unleashing Abundant Energ y trilogy. Todd has built his career harnessing emerging technologies to drive efficiencies and create new commercialization opportunities. Todd has an Economics degree from Claremont McKenna College, has studied Strategy Execution at the Harvard Business School, has a Masters in Education from the Claremont Graduate School, and has an MBA and a Masters in Economics from the WP Carey School of Business, ASU. Todd is the Founder & CEO of Woodchuck, a climate impact startup dedicated to transforming waste into valuable resources, reducing costs, reducing landfill usage, and unleashing an abundant energy future.
Business Wire
a minute ago
- Business Wire
Omdia Forecasts Cellular IoT Connections to Reach 5.1 Billion by 2030
LONDON--(BUSINESS WIRE)--The cellular IoT market is set for dramatic expansion over the next six years, with connections projected to reach 5.1 billion by 2030, according to new research from Omdia. "We are beginning to see 5G SA rollouts accelerate again after a brief period of slowdowns, which has delayed 5G RedCap mass adoption by a couple of years," explains Alexander Thompson, Senior Analyst for IoT at Omdia. Share This comprehensive study reveals how 5G technologies are fundamentally transforming the cellular IoT landscape, with three key technologies emerging as primary growth drivers: 5G RedCap, 5G Massive IoT, and 4G LTE Cat-1bis modules. 5G RedCap: The Mid-Tier Connectivity Solution The research identifies 5G RedCap as a particularly significant development, with adoption expected to accelerate from 2025 onward. RedCap is positioning itself as the ideal mid-tier connectivity solution for 5G devices that don't require the premium specifications of Ultra-Reliable Low Latency Communications (uRLLC) or Enhanced Mobile Broadband (eMBB). RedCap also delivers essential futureproofing benefits as the industry prepares for the gradual phase-out of 4G networks beyond 2030. Despite these advantages, the research notes that RedCap adoption has experienced slower initial deployment than originally anticipated. "We are beginning to see 5G SA rollouts accelerate again after a brief period of slowdowns, which has delayed 5G RedCap mass adoption by a couple of years," explains Alexander Thompson, Senior Analyst for IoT at Omdia. "We are also seeing the first devices emerge on the market in the US, starting the transition of mid-tier connectivity from 4G to 5G." Asia & Oceania Leading Global IoT Growth Omdia's latest research reveals that the Asia & Oceania region will contribute over 67% of worldwide IoT module shipments, representing approximately 80% of total IoT connections in 2024. The automotive industry has emerged as a significant catalyst in this growth trajectory, primarily driven by increasing consumer demand for intelligent vehicles with integrated 5G connectivity features. "The dominance of the Asia & Oceania region in the IoT market cannot be overstated," notes Andrew Brown, Practice Lead, IoT at Omdia. "With 80% of total IoT connections concentrated in this region, we're witnessing a significant shift in global technology leadership that will shape IoT innovation and deployment strategies for years to come.' This substantial regional concentration underscores Asia & Oceania's pivotal role in shaping global IoT deployment strategies and highlights the region's technological leadership in connected device ecosystems. Omdia's Cellular IoT Market Tracker 2021-2030 highlights the latest trends in the cellular IoT market, providing key analysis by region, air interface and application of module shipments, module revenues, connections (installed base) and connectivity revenues. ABOUT OMDIA Omdia, part of Informa TechTarget, Inc. (Nasdaq: TTGT), is a technology research and advisory group. Our deep knowledge of tech markets grounded in real conversations with industry leaders and hundreds of thousands of data points, make our market intelligence our clients' strategic advantage. From R&D to ROI, we identify the greatest opportunities and move the industry forward.
Business Wire
an hour ago
- Business Wire
FICO European Fraud Map: UK Leads in 'Card Not Present' Fraud and Total Losses
LONDON--(BUSINESS WIRE)--The FICO European Fraud Map 2024 has revealed a worrying trend of rising card fraud levels and losses across the continent. The data from Euromonitor International on 18 countries shows that Card Not Present (CNP) fraud dominates card fraud losses and has increased across most countries. E-commerce fraud, e-wallet, social engineering and QR code fraud or 'quishing' are all rising as well. 'While card fraud loss figures are still lower than the 2015 peak of €1,642 million, the last few years show that fraud in Europe is steadily rising back up towards this figure.' - James Roche, FICO Share Highlights Card fraud losses across EMEA have increased from €1,493m in 2021 to €1,578m in 2024 UK card fraud increased by 4% to £572.6 million since 2023 CNP fraud accounts for around 70% of total card fraud losses in the UK – increasing by 11% year on year Hungary saw the greatest increase across Europe at 22% — card fraud losses also dramatically increased in Norway, Denmark and Hungary Portugal and the Netherlands are the only countries to see fraud levels fall 'While card fraud loss figures are still lower than the 2015 peak of €1,642 million, the last few years show that fraud in Europe is steadily rising back up towards this figure,' commented James Roche, principal fraud consultant for FICO in EMEA. 'The UK has followed a similar trajectory to the rest of Europe, aligning with what FICO has seen in terms of the dominant fraud MOs that plague both the UK and Europe, as well as the common approaches taken in the last decade via initiatives such as PSD and PSR.' Card Losses Grow in UK In 2024, UK Finance reported £572.6 million in total card fraud losses, a 3.9% increase from £551.3 million in 2023. This goes against the trend of the past few years of falling card losses and a broader trend of stabilisation in the UK payments landscape, which is a cause for concern. Card Not Present (CNP) fraud remained the leading fraud category, accounting for around 70% of total card fraud losses. This marks an increase of 11% from 2023 and puts the UK at the top of the league table for CNP fraud losses in Europe, underscoring the persistent risk associated with remote transactions. Conversely, identity (ID) fraud losses dropped significantly by 26% to £58.7M, pointing to a shift in criminal behaviour away from ID theft and towards social engineering, data compromises and scams. The growing use of fraud enhancements such as biometric and behavioural monitoring tools are also likely to have contributed to the decrease. Plus, continued investment by UK and EU financial services in full customer journey visibility and data sharing is enabling identity characteristics to be monitored from onboarding through early book and ongoing lifecycle stages of the customer journey. 'The UK has long been a leader in deploying innovative fraud technology, and clearly the challenges are still growing,' Roche said. 'With PSD3 regulations now taking effect across Europe, we see fraud prevention teams moving towards a unified approach to fraud risk assessment. Continued investment in preventative tools, such as Scam Signal, and intelligence-led fraud detection remain critical to protecting card portfolios from evolving threats.' The Picture across Europe Other highlights from the FICO European Fraud Map show the impact card fraud is having across the region: In Norway fraud losses have dramatically increased over the last few years from €14M in 2021 to €26.4M, rising 8% in 2024. Denmark demonstrated a more than twofold increase in fraud losses (€19.6M to €47.6M) since 2021, and a concerning 20% rise in 2024 alone. In Hungary, fraud losses jumped from €3.3M to €22.4M from 2021 to 2024, rising by 22% in 2024. Greece has also seen a significant increase, with a twofold increase from €13.4M to €28.4M since 2021 and 20% in 2024. Sweden's losses have risen significantly from €13.1M to €24.2M, an increase of around 85% in three years, and 19% during 2024. Despite the overall EMEA loss picture trending slowly upwards, a few countries are seeing a downward trend in their card fraud losses: France's losses are slowly but steadily decreasing and have done so consistently since their peak at €433.2M in 2018. They now sit at €409.2M, the second highest losses of the 18 countries studied but setting a good example for controlling their losses. Turkey showed significantly lower losses at €1.1M for 2024, but they too are reducing their fraud losses consistently and have done since their peak at €14M in 2010. However, 2024 saw fraud rise by 5% in Turkey. 'With PSD3 regulations due to take effect across Europe in the next couple of years, financial institutions must work harder than ever to fight new fraud patterns and improve customer service,' said Roche. 'We are seeing a number of emerging approaches that unify protection that is currently siloed, using 360-degree customer profiling to assess fraud and financial crime risk across all channels and products and throughout the entire lifecycle of the customer (onboarding through to offboarding). We at FICO believe this approach is absolutely critical, as criminals look for the weakest link in fraud defences.' FICO's fraud solutions portfolio includes the AI-powered FICO ® Falcon ® Fraud Manager, which protects more than 4 billion cards worldwide; FICO ® Omni-Channel Communications for Fraud, available on FICO® Platform; and award-winning models for scam detection, as well as the award-winning Scam Signal product developed with Jersey Telecom. About FICO FICO (NYSE: FICO) powers decisions that help people and businesses around the world prosper. Founded in 1956, the company is a pioneer in the use of predictive analytics and data science to improve operational decisions. FICO holds more than 200 US and foreign patents on technologies that increase profitability, customer satisfaction and growth for businesses in financial services, insurance, telecommunications, health care, retail and many other industries. Using FICO solutions, businesses in more than 80 countries do everything from protecting 4 billion payment cards from fraud, to improving financial inclusion, to increasing supply chain resiliency. The FICO® Score, used by 90% of top US lenders, is the standard measure of consumer credit risk in the US and has been made available in over 40 other countries, improving risk management, credit access and transparency. Learn more at FICO and Falcon are registered trademarks of Fair Isaac Corporation in the United States and other countries.
