
HOMELINK Adds New Director to Lead Provider Network Development & Relations
'Derek's wealth of experience and fresh perspective will be key to further building our top-tier national network of providers,' said Gale Vogler, vice president of sales at HOMELINK. 'His background and energy are exactly what we need to take our relationships and operations to the next level.'
Prior to joining HOMELINK, Ferrell led network development activities for several health plans across 36 states, driving multi-state network expansion and improving provider relations. With extensive knowledge of critical networks including Medicare Advantage, Managed Medicaid, and ACO Reach, he will lead a team responsible for end-to-end management of the HOMELINK network, including development, contract negotiations, account management, credentialing, provider data, and provider escalations.
'I am proud to join HOMELINK and continue to build on the strong, national network foundation that has been a part of its DNA from the beginning,' said Ferrell. 'I look forward to working together to deliver great care to patients, exceptional support to our providers, and great service for our clients.'
With more than 30 years of dedicated service, HOMELINK has carefully built its network, maintaining direct contracts with high-performing providers in strategic locations. That direct contact, along with rigorous credentialing, ensures accountability and compliance for a dependable provider network.
For more information about HOMELINK, visit vgmhomelink.com.
About HOMELINK
HOMELINK is an innovative national provider of integrated specialty services to the healthcare and workers' compensation industries. As a privately held, employee-owned company, our associates are naturally motivated to help the payers, patients, and providers we service achieve great outcomes. Our commitment to delivering superior customer service is backed by our proprietary technology to ensure that information is received in a timely fashion for a coordinated and efficient offering across the continuum of care.
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Business Wire
23 minutes ago
- Business Wire
Swiss Enterprises Advance with Private and Hybrid Cloud
ZÜRICH--(BUSINESS WIRE)--Swiss enterprises are accelerating their adoption of private and hybrid cloud solutions as they reassess IT priorities and respond to the limitations of public clouds, according to a new research report published today by Information Services Group (ISG) (Nasdaq: III), a global AI-centered technology research and advisory firm. Over the last four quarters, companies have been actively seeking strategies to improve efficiency and cost effectiveness. Implementing hybrid cloud infrastructures provides enterprises with the necessary cost control, scalability and agility. The 2025 ISG Provider Lens ® Private/Hybrid Cloud – Data Center Services report for Switzerland finds that organizations are moving from a cloud-first approach to a differentiated cloud model. As more companies recognize the challenges and limitations of relying solely on public cloud services, there is an increasing focus on private and hybrid cloud infrastructures. Enterprises are also pursuing these strategies in the context of targeted approaches to rationalizing budgets and maximizing returns on technology investments. Simultaneously, they are implementing FinOps frameworks to rein in cloud expenses and transfer responsibility for cloud resource consumption to IT teams. 'Over the last four quarters, companies have been actively seeking strategies to improve efficiency and cost effectiveness,' said Uwe Ladwig, managing director at ISG. 'Implementing hybrid cloud infrastructures provides enterprises with the necessary cost control, scalability and agility.' A fundamental shift is under way in how Swiss enterprises manage their data centers, with a clear trend toward decreasing physical size, the report says. More organizations are turning to alternatives such as colocation providers, motivated by the need to reduce costs and increase scalability. By shifting from traditional, on-premises data centers and using colocation providers' expertise, enterprises can optimize IT management, increase flexibility and resilience and focus more effectively on core objectives. Sustainability is a key trend in Swiss cloud and data center strategies, ISG says. Organizations are expanding investments in energy-efficient data centers and advanced cooling technologies. They are engaging with providers that use waste heat from data centers for district heating and industrial use, helping enterprises meet environmental goals while optimizing energy consumption. A growing interest in using generative AI to transform business processes is also influencing Swiss cloud strategies, the report says. While GenAI solutions are widely accessible via cloud platforms, their adoption requires additional data center capacity and significant investments. Many organizations face budget challenges yet continue to prioritize actionable insights, predictive analytics and automation. Enterprises are looking for providers that offer tools and capabilities to support AI innovation and new revenue opportunities. As Swiss enterprises accelerate digital transformation and adopt hybrid clouds, they face a heightened risk of cyberattacks. Protecting sensitive data while meeting new regulatory requirements has become a central challenge for enterprises, prompting a stronger focus on security innovation and proactive risk management. 'With growing cyberthreats and tight data protection regulations, security and compliance are becoming important aspects of cloud planning,' said Ulrich Meister, senior analyst, ISG Provider Lens Research, and lead author of the report. 'Swiss enterprises are seeking providers that offer comprehensive security strategies, including physical security and network segmentation.' The report also explores other trends in the private/hybrid cloud and data center services market in Switzerland, including a rise in strategic partnerships among data center outsourcing providers and an increasing focus on AI for IT operations (AIOps) to monitor all aspects of hybrid environments. For more insights into the private/hybrid cloud and data center challenges that enterprises in Switzerland face, plus ISG's advice for overcoming them, see the ISG Provider Lens ® Focal Points briefing here. The 2025 ISG Provider Lens ® Private/Hybrid Cloud – Data Center Services report for Switzerland evaluates the capabilities of 82 providers across six quadrants: Managed Services — Large Accounts, Managed Services — Midmarket, Managed Hosting — Large Accounts, Managed Hosting — Midmarket, Colocation Services and AI-Ready Infrastructure Consulting. The report names Swisscom as a Leader in all six quadrants. It names Green and Kyndryl as Leaders in three quadrants each. Accenture, Atos, Aveniq, Capgemini, CONVOTIS, ELCA/EveryWare, HCLTech, MTF and ti&m are named as Leaders in two quadrants each. Axians, Bechtle, BitHawk, Digital Realty, Equinix, Netcloud, NTS Workspace, NTT DATA, STACK Infrastructure, TCS, T-Systems, UMB and Wipro are named as Leaders in one quadrant each. In addition, CANCOM, NorthC Datacenters and Rackspace Technology are named as Rising Stars — companies with a 'promising portfolio' and 'high future potential' by ISG's definition — in one quadrant each. In the area of customer experience, Persistent Systems is named the global ISG CX Star Performer for 2025 among private/hybrid cloud and data center service providers. Persistent Systems earned the highest customer satisfaction scores in ISG's Voice of the Customer survey, part of the ISG Star of Excellence™ program, the premier quality recognition for the technology and business services industry. Customized versions of the report are available from ELCA/EveryWare, Green, Leuchter IT and Swisscom. The 2025 ISG Provider Lens ® Private/Hybrid Cloud – Data Center Services report for Switzerland is available to subscribers or for one-time purchase on this webpage. About ISG Provider Lens ® Research The ISG Provider Lens ® Quadrant research series is the only service provider evaluation of its kind to combine empirical, data-driven research and market analysis with the real-world experience and observations of ISG's global advisory team. Enterprises will find a wealth of detailed data and market analysis to help guide their selection of appropriate sourcing partners, while ISG advisors use the reports to validate their own market knowledge and make recommendations to ISG's enterprise clients. 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Business Wire
an hour ago
- Business Wire
ams OSRAM Posts Solid Q2 Results at the Midpoint of the Guidance Despite Currency Headwinds and Executes First Steps of Its Accelerated Deleveraging Plan
PREMSTAETTEN, Austria & MUNICH--(BUSINESS WIRE)-- ams OSRAM delivers 18.8 % adj. EBITDA at revenues of EUR 775 m in Q2, confirms 2025 FCF outlook above EUR 100 m and executes first steps of its accelerated deleveraging plan 'We showed a solid performance in Q2 in a still difficult market with good profitability on the back of rapid implementation of 'Re-establish-the Base' and preproduction for the second half, as well as a very good design-win momentum securing future semiconductor business. We continue to expect a stronger second half although the weaker US Dollar weighs on topline results and tariffs discussions instigate continuously uncertainty.' said Aldo Kamper, CEO of ams OSRAM. ' Our plan to accelerate our balance sheet deleveraging is unfolding. The extension of the Revolving Credit Facility, the private placements of additional 2029 senior notes to prefinance long-term any bulk exercises of OSRAM minority put options and to re-purchase 2027 convertible bonds, but especially the first disposal for reducing leverage show that we keep track in executing our finance milestones as well.' said Rainer Irle, CFO of ams OSRAM. Q2/25 business and earnings summary 1) Adjusted for microLED strategy adaption expenses, M&A-related, other transformation and share-based compensation costs, results from investments in associates and sale of businesses. 2) Basic and diluted earnings per share for the comparative period were adjusted following the reverse share split on 30 September 2024. Expand Group revenues came in exactly at the midpoint of the guided range of EUR 725 – 825 million. Reported revenues declined by 5 % quarter-over-quarter due to a meaningful automotive-lamps aftermarket inventory correction at US retail chains on top of normal seasonality and a significantly weaker USD. At a constant EUR/USD exchange rate, revenues would have been approx. EUR 35 million higher. Year-over-year, group revenues declined by 5% mainly driven by the weaker US dollar, the discontinued non-core semiconductor business and the inventory correction in automotive LEDs. Like-for-like, at a constant EUR/USD exchange rate and only considering the core portfolio, revenues would have been up by approx. 2 %. Adj. EBITDA (adjusted earnings before interest, taxes, depreciation, and amortization) came in slightly higher than the midpoint of the guided range of 18.5 % +/-1.5 %. Some one-offs (part of the Q2 guidance), such as government and customer funding catch-up, contributed positively. Adj. net result came in positive at EUR 18 million. The typical, recurring quarterly adjustments of transformation cost, purchase price allocation and share based compensations were reduced by a one-time positive effect from the settlement of a decades long lawsuit regarding the misappropriation of trade secrets by a counterparty. IFRS net result came in slightly positive at EUR 1 million. Implementation of balance sheet improvement plan On 30 April 2025, the company announced its accelerated, comprehensive plan to de-leverage its balance sheet including assessing the sale of business assets for well above EUR 500 million. To date, the company has implemented the first elements of the plan, namely 03 July 2025, extension of the EUR 800 m Revolving Credit Facility (RCF) by another year until September 2027 23 July 2025, private placement above par of principal amount of EUR 200 m 10.5 % and USD 350m 12.25 % senior notes due in 2029 to prefinance long-term OSRAM minority put option bulk exercises (approx. EUR 350m) and buy back 2027 convertible bonds (approx. EUR 150m) 29 July 2025, sale of Entertainment & Industrial Lamps business for EUR 114 m (on a cash-and-debt-free basis) as first disposal under the deleveraging plan, closing expected in Q1/2026 Upon completion, the plan will reduce the net-debt / adj. EBITDA leverage ratio below 2, minimize the amount to be refinanced, reduce the interest expenses to below EUR 100 million annually and thereby strengthen the operating cash flow further. Q2/25 Cash generation & balance sheet update 1) contingent liability part of 'other financial liabilities' Expand Free cash flow – defined as operating cash flow including net interest paid minus cash flow from CAPEX plus proceeds from divestments – came in slightly negative as the company preproduced inventory for the scheduled business ramp-up in H2 and also paid out annually recurring items. However, the company expects meaningful cash inflows from subsidies by the Austrian government under the European Chips Act already notified by the European Commission later in the year. The net debt position slightly increased to EUR 1,570 million quarter-over-quarter after EUR 1,484 million in the previous quarter, mainly due to a change in the cash-on-hand position. In view of approx. EUR 60 million exercised put options of OSRAM minority shares in H1, the company drew EUR 50 m of the RCF (that is in place for larger put option exercises) in order to keep an adequate cash balance. By now, the drawn RCF portion has already been paid back using some proceeds of the private placement of additional senior notes on 23 July 2025. The equivalent value of the Sale-and-Lease Back (SLB) Malaysia transaction decreased by EUR 9 million due to a net effect of quarterly accrued interest and MYR exchange rate swings. The Group held approx. 88 % of OSRAM Licht AG shares end of Q2/25. The company has an EUR 800 million Revolving Credit Facility (RCF) in place that was just extended by another year until September 2027. The RCF is primarily in place to cover any further significant exercises under the 'domination and profit and loss transfer agreement (DPLTA)' put option and the undrawn part would be sufficient to fully cover all outstanding minority shareholder's put options. It can also be drawn for general corporate and working capital purposes. Semiconductor Business Semis were approx. 76 % of Q2/25 group revenue or EUR 582 million, compared to EUR 596 million a year ago, mainly driven by inventory correction in the automotive LED supply chain and the phase-out of non-core businesses in conjunction with 'Re-establish the Base' contributing with a close to mid double-digit million EUR a year ago. Growth in the core portfolio, especially with new sensor products, made up for the divested or discontinued non-core portfolio. Like-for-like, at a constant EUR/USD exchange rate and only considering the core portfolio, revenues would have been up by approx. 7 % - in line with the mid-term target growth corridor of the semiconductor target operating model. Optical Semiconductors (OS) A seasonal upswing in horticulture and slightly increased sales in Automotive led the quarter-over-quarter improvement. Adj. EBITDA increased to EUR 79 million compared to Q1 on the back of gross profit fall through, EUR/USD exchange rate effects and catch-up from government and customer fundings. CMOS Sensors & ASICs (CSA): Revenues remained essentially flat quarter-over-quarter. Demand for components for consumer handheld devices was slightly stronger than the typical seasonal trend and sales into industrial & medical applications improved. Adjusted EBITDA improved by EUR 10 million in Q2/25 compared to the previous quarter driven by an improved factory loading in anticipation of product ramp-ups in H2/25. The adjusted EBITDA Margin came in almost twice as high than a year ago thanks again to the structural savings from the 'Re-establish the Base' program. Semiconductors industry dynamics Automotive: Business improved quarter-over-quarter against the backdrop of an inventory correction in the LED semiconductor supply. During the quarter, book-to-bill ratio remained above 1. Year-over-year, auto revenues came in 9 % lower, showing the inventory adjustments in opto-electronic products due to demand uncertainties seen by Tier-1 and OEM customers. Industrial & Medical (I&M): End-markets started to show some momentum resulting in 21 % quarter-over-quarter improvement in the I&M business, led by typical seasonal upswings in various verticals, such as horticulture. The professional lighting end-market was also resilient helped by consolidation trends that allow the company to win market share. Industrial automation is still on a low level and the mass market showed a regionally differing performance with Europe and Americas improving. In medical first signs of a gradually improving ordering pattern are visible. Consumer: Demand for new products and for consumer portable devices in general remained resilient in view of the typical seasonal decline in every second calendar quarter of a year. Year-over-year, revenues increased by a strong 15 % due to a strong contribution of new products, despite a lower double-digit million contribution from non-core products a year ago that were phased-out by December 2024. Lamps & Systems Business (traditional auto & industrial lamps) Lamps & Systems represented approx. 24 % of Q2/25 revenues. The significant quarter-over-quarter and year-over-year step down was primarily driven by an inventory adjustment at US aftermarket retail chains. Some weakness in the European market and the weaker US dollar against the Euro also contributed. Revenues in Specialty Lamps slightly declined quarter-over-quarter in line with normal seasonal trends. Adj. EBITDA dropped in line with factory utilization and product mix with the backdrop of an elevated figure in the first quarter as a result of one-time effects. Guidance for the third quarter 2025 The company expects for its semiconductor business: Automotive: improved demand on the back of market normalization (likely end of the LED inventory correction) and new business ramp-ups. Industrial and medical: modest development as green shoots seen at end-customer's business needs to translate into normalized inventory levels. Consumer: typical strong upswing in the seasonally strongest quarter. Combined, the semiconductor business is expected to follow its typical pattern with a strong third quarter slightly weaker than a year ago due to the weaker USD. The company expects for its traditional auto lamps business that the sales into the aftermarket channel will improve with the annual 'lighting season' beginning end of the summer. As a result, the Group expects third quarter revenues to land in a range of EUR 790 – 890 million assuming a EUR/USD exchange rate of 1.16. The impact of the weaker USD on revenues compared to the start of the year is of the order of mid-double digit million Euro. Quarter-over-quarter the impact is approx. EUR 15 million. The company expects adj. EBITDA to come in at 19.5 % +/-1.5 % on the back of seamless execution ahead of plan of its Re-establish the Base strategic efficiency program. FY 2025 commentary The company expects a stronger second half mainly due to product ramp-ups and seasonality. Uncertainties persist in view of potential impacts to global car production, smartphone sales, or other impact to GDP, following the recent introduction or announcement of elevated tariffs in the US and in particular changes in the EUR/USD exchange rate. The company expects improving profitability driven by its 'Re-establish the Base' program even in case of lower predictability of its topline. CAPEX is expected to land below 8 % of sales(including capitalized R&D and expected investment grants, e.g. from the European Chips Act). The company expects positive free cash flow (incl. net interest paid) exceeding EUR 100 million. Additional Information Additional financial information for the second quarter 2025 is available on the company website. The second quarter 2025 investor presentation incl. detailed information is also available on the company website. ams OSRAM will host a press call as well as a conference call for analysts and investors on the second quarter 2025 results on Thursday, 31 July 2025. The conference call for analysts and investors will start at 9.45 am CET and can be joined via webcast. The conference call for journalists will take place at 11.00 am CET.


Business Wire
an hour ago
- Business Wire
Ryan Named One of the UK's Best Workplaces for Women™ by Great Place To Work® for Fourth Consecutive Year
LONDON--(BUSINESS WIRE)--Ryan, a leading global tax services and software provider, has been named one of the UK's Best Workplaces for Women™ by Great Place To Work® for the fourth consecutive year, ranking 39 in the Medium Company category on this year's list. 'Being recognised as a best place to work for women highlights Ryan's unwavering dedication to fostering an environment where every team member can excel and achieve their goals,' said Tom Shave, President of Ryan's European and Asia-Pacific Operations. 'We are proud to champion an inclusive culture that empowers women to thrive and supports lasting work-life success.' This honour reaffirms Ryan's commitment to building and maintaining a great workplace that fosters trust, collaboration, and advancement opportunities. The 2025 list is made up of employers who have told Great Place To Work® UK they work for a place that is inclusive and equitable for all. The 350 companies on the list are committed to ensuring a reasonable balance of women and men across the organisation; removing barriers to women's career advancement; and creating workplaces where all employees, regardless of gender, can flourish. 'This recognition is a reflection of the intentional work we've done to build a culture where people can grow, belong, and do their best work,' said Amy Tice, Senior Vice President and Chief People Officer. 'We're proud to be among so many inspiring organisations across the UK.' Ryan is leading the way for women through purposeful advancement and growth opportunities, as well as generous family and personal leave policies. Programmes such as RyanTHRIVE, a wellness initiative offering training modules focused on physical, career, emotional, and financial wellbeing, and myRyan, an innovative, results-based approach to working, also play a crucial role in promoting healthy work-life success. 'This year's UK's Best Workplaces for Women list highlights organisations that are moving beyond good intentions and delivering real, measurable progress,' said Benedict Gautrey, Managing Director at Great Place To Work UK. 'These companies are dismantling outdated norms, prioritising women's health, and building clear, supported pathways to leadership. This recognition is driven by what matters most: the voices of women who work there. They've said, in their own words, that their workplace is one where they're respected, empowered, and able to succeed.' For information about exciting career opportunities at Ryan, visit the careers page of our website. About Great Place To Work® Great Place To Work is the global authority on workplace culture, helping organisations to create exceptional, high-performing workplaces where employees feel trusted and valued. The UK's Best Workplaces™ for Women awards enable these outstanding organisations to celebrate their achievements, build their employer brand, and inspire others to take action. For more information, visit About Ryan Ryan, an award-winning global tax services and software provider, is the largest Firm in the world dedicated exclusively to business taxes. The Firm provides an integrated suite of international tax services on a multijurisdictional basis, including cost management, compliance, consulting, technology and transformation, and innovation funding. Ryan is an 11-time recipient of the International Service Excellence Award from the Customer Service Institute of America (CSIA) for its commitment to world-class client service. Empowered by the dynamic myRyan work environment, which is widely recognised as the most innovative in the tax services industry, Ryan's multidisciplinary team of more than 5,900 professionals and associates serves over 77,000 clients in more than 80 countries, including many of the world's most prominent Global 5000 companies. More information about Ryan can be found at