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ForeSee Medical and Vim Announce Strategic Partnership to Enhance Risk Adjustment and Streamline Provider Workflows
ForeSee Medical and Vim Announce Strategic Partnership to Enhance Risk Adjustment and Streamline Provider Workflows

Business Wire

time7 hours ago

  • Business
  • Business Wire

ForeSee Medical and Vim Announce Strategic Partnership to Enhance Risk Adjustment and Streamline Provider Workflows

SAN DIEGO--(BUSINESS WIRE)--ForeSee Medical Inc., a leading AI-powered risk adjustment software company, and Vim, a cutting-edge provider enablement platform for healthcare, have announced a strategic partnership aimed at transforming the delivery of patient insights and improving provider workflows at the point of care. 'We are excited to partner with Vim to bring our industry-leading, AI-powered risk adjustment capabilities directly into provider workflows,' said Dr. Sol Lizerbram, Executive Chairman at ForeSee Medical. Through this collaboration, ForeSee Medical's advanced risk adjustment technology, which assists providers in accurately identifying Hierarchical Condition Categories (HCC) coding while improving the quality of care, will seamlessly integrate into Vim's scalable and flexible platform. By leveraging Vim's unique and interactive integration layer, providers will gain access to enhanced data and patient insights directly within their Electronic Health Record (EHR) workflows—without disrupting existing clinical operations. 'We are excited to partner with Vim to bring our industry-leading, AI-powered risk adjustment capabilities directly into provider workflows,' said Dr. Sol Lizerbram, Executive Chairman at ForeSee Medical. 'This partnership ensures that providers can access accurate risk adjustment data in real time, ultimately leading to improved patient care and clinical outcomes. Our proprietary Natural Language Processing (NLP) along with unique features such as InstaVu®' greatly reduces the speed to achieve accurate HCC coding with the ability to instantly view disease source documentation.' Vim's provider enablement platform is designed to bridge gaps in interoperability and efficiency, enabling health organizations to enhance operational effectiveness. With ForeSee Medical's technology integrated into Vim's workflow solutions, healthcare providers will experience a streamlined approach to risk adjustment coding, reducing administrative burden and improving decision-making at the point of care. 'Our partnership with ForeSee Medical brings together two powerful capabilities—real-time data delivery and AI-driven risk insights—into one seamless experience for providers. At Vim, we're focused on turning fragmented healthcare data into actionable intelligence directly within clinical workflows,' said Tim Barry, Head of Partnerships at Vim. 'This collaboration is another step in our mission to power smarter, faster decisions at the point of care—without adding complexity.' This partnership represents a significant step forward in healthcare technology, ensuring that providers can leverage AI-driven insights effortlessly within their daily operations, leading to greater accuracy, efficiency, and overall quality of care.

Babcock & Wilcox Commences Cash Tender Offer For Two Series of Notes
Babcock & Wilcox Commences Cash Tender Offer For Two Series of Notes

Yahoo

time4 days ago

  • Business
  • Yahoo

Babcock & Wilcox Commences Cash Tender Offer For Two Series of Notes

AKRON, Ohio, June 05, 2025--(BUSINESS WIRE)--Babcock & Wilcox Enterprises, Inc. ("B&W" or the "Company") (NYSE: BW) announced today offers to purchase for cash (the "Cash Offers") up to a maximum $70 million aggregate amount (the "Offer Cap") of Tender Consideration (as defined below) of the Company's 8.125% Senior Notes due 2026 (the "February 2026 Notes") and 6.50% Senior Notes due 2026 (the "December 2026 Notes" and, together with the February 2026 Notes, the "Notes"), on the terms and conditions set forth in the Offer to Purchase, dated June 5, 2025 (the "Offer to Purchase"), and as described in the table below. Capitalized terms used but not defined in this announcement have the meanings given to them in the Offer to Purchase. Title of Series of Notes to be Purchased CUSIP No. Outstanding Principal Amount (in millions) Tender Consideration 8.125% Senior Notes due 2026 05614L 308 $109.02 $20.00 6.500% Senior Notes due 2026 05614L 506 $103.63 $16.25 The Notes are listed and admitted for trading on the New York Stock Exchange under the trading symbol "BWSN," with respect to the February 2026 Notes, and "BWNB," with respect to the December 2026 Notes. The Cash Offers are scheduled to expire at 5:00 p.m., New York City time, on July 11, 2025, unless extended or earlier terminated by the Company. Holders of Notes described in the table above may withdraw their validly tendered Notes at any time at or prior to 5:00 p.m., New York City time, on July 11, 2025, unless extended by the Company. In order to receive the Tender Consideration, Holders of Notes must tender and not withdraw their Notes at or prior to the Expiration Date. The Settlement Date will be the first business day after the Expiration Date and is expected to be July 14, 2025. Upon the terms and subject to the conditions set forth in the Offer to Purchase, including the Offer Cap and the Diamond Power Closing Condition (as defined below), Holders whose Notes are accepted for purchase in the Cash Offers will receive the Tender Consideration described in the above table (the "Tender Consideration") for each $25 principal amount of such Notes in cash on the Settlement Date. Our obligation to complete the Cash Offers is conditioned on the consummation, prior to or concurrently with the Expiration Date, of (i) the sale, to certain legal entities affiliated with Andritz AG, of the equity interests of Diamond Power International, LLC ("Diamond Power") and related legal entities, together with assets related to the Diamond Power business and (ii) the receipt of net proceeds from such sale in an amount sufficient to fund the Cash Offers, assuming the maximum Tender Consideration of $70 million (the "Diamond Power Closing Condition"). In addition to the Tender Consideration, Holders whose Notes are accepted for purchase will receive a cash payment equal to the Accrued Coupon Payment, representing accrued and unpaid interest on such Notes from and including the immediately preceding interest payment date for such Notes to, but excluding, the Settlement Date. Interest will cease to accrue on the Settlement Date for all Notes accepted in the Cash Offers. The Company's obligation to accept for payment and to pay for Notes of any series validly tendered in the Cash Offers is subject to the satisfaction or waiver of the conditions described in the Offer to Purchase, including that the aggregate Tender Consideration for Notes purchased in the Cash Offers not exceeding $70 million, and that the Diamond Power Closing Condition shall have been satisfied. Subject to applicable law, the Company reserves the right to (i) extend any or all of the Cash Offers; (ii) waive any and all conditions to or amend any or all of the Cash Offers in any respect; or (iii) terminate any or all of the Cash Offers. Holders of Notes are advised to check with any bank, securities broker or other intermediary through which they hold Notes as to when such intermediary would need to receive instructions from a beneficial owner in order for that beneficial owner to be able to participate in, or withdraw their instruction to participate in, a Cash Offer, before the deadlines specified herein. The deadlines set by any such intermediary and The Depository Trust Company for the submission of tender instructions will be earlier than the relevant deadlines specified herein. In connection with the Cash Offers, the Company has retained B. Riley Securities, Inc. as the Dealer Manager. Questions regarding the Cash Offers should be directed to B. Riley Securities, Inc. by email at corporateactions@ or by calling toll-free at (833) 528-1067. Requests for copies of the Offer to Purchase and related documents should be directed to D.F. King & Co., Inc., the Tender Agent and Information Agent for the tender offer, at (800) 769-4414 (toll-free) or 212-269-5550 (collect). This press release is not an offer to sell or a solicitation of an offer to buy any of the securities described herein. The Cash Offers described herein are being made solely by the Offer to Purchase and only to such persons and in such jurisdictions as is permitted under applicable law. About Babcock & Wilcox Headquartered in Akron, Ohio, Babcock & Wilcox Enterprises, Inc. is a leader in energy and environmental products and services for power and industrial markets worldwide. Follow us on LinkedIn and learn more at Forward-Looking Statements B&W cautions that this release contains forward-looking statements, including, without limitation, statements relating to the Cash Offers, satisfaction of the Diamond Power Closing Condition and the anticipated settlement of the Cash Offers. These forward-looking statements are based on management's current expectations and involve a number of risks and uncertainties. For a more complete discussion of these risk factors, see our filings with the Securities and Exchange Commission, including our most recent annual report on Form 10-K. If one or more of these risks or other risks materialize, actual results may vary materially from those expressed. We caution readers not to place undue reliance on these forward-looking statements, which speak only as of the date of this release, and we undertake no obligation to update or revise any forward-looking statement, except to the extent required by applicable law. View source version on Contacts For more information, contact: investors@ +1-704-625-4944 For holders of Notes, contact: D.F. King & Co., (800) 769-4414 (toll free)212-269-5550 (collect)

North America Oil Condition Monitoring Industry Report 2025: Rising Adoption of Industry 4.0 Technologies and Shift Toward Predictive Maintenance Strategies Fuels Growth
North America Oil Condition Monitoring Industry Report 2025: Rising Adoption of Industry 4.0 Technologies and Shift Toward Predictive Maintenance Strategies Fuels Growth

Yahoo

time6 days ago

  • Business
  • Yahoo

North America Oil Condition Monitoring Industry Report 2025: Rising Adoption of Industry 4.0 Technologies and Shift Toward Predictive Maintenance Strategies Fuels Growth

The market is witnessing robust growth due to the . These approaches demand real-time, data-driven solutions to ensure optimal asset performance. Advancements in sensor technologies, wireless communication, and data analytics are enhancing the efficiency and accessibility of oil condition monitoring systems. Increasing regulatory emphasis on environmental protection and operational cost reduction is further driving organizations to adopt proactive lubrication management practices across North America. North American Oil Condition Monitoring Market Dublin, June 03, 2025 (GLOBE NEWSWIRE) -- The "North America Oil Condition Monitoring Market, By Country, Competition, Forecast and Opportunities 2020-2030F" report has been added to North America Oil Condition Monitoring Market was valued at USD 1.32 Billion in 2024, and is expected to reach USD 2.02 Billion by 2030, rising at a CAGR of 7.35%. Oil condition monitoring is a critical process that evaluates the performance and quality of lubricants used in industrial machinery to detect early signs of wear, contamination, and degradation. This helps extend equipment life, reduce maintenance costs, and minimize unplanned downtime across key industries such as manufacturing, automotive, aerospace, and energy. Increasing Adoption of Predictive Maintenance to Reduce Downtime and Operational CostsThe North America Oil Condition Monitoring Market is being driven by the growing reliance on predictive maintenance strategies. Predictive maintenance uses real-time data and monitoring tools to forecast equipment failures, allowing timely interventions before breakdowns occur. Oil condition monitoring plays a pivotal role in this strategy by offering precise insights into lubricant health, identifying signs of oxidation, contamination, or deterioration that can compromise equipment performance. By detecting issues early, organizations can schedule maintenance efficiently, reduce unexpected shutdowns, and lower repair expenses. Industries such as automotive, energy, and manufacturing are increasingly embracing predictive maintenance to enhance asset reliability, improve safety, and maximize operational Initial Investment and Integration CostsThe implementation of advanced oil condition monitoring systems presents a significant financial challenge, especially for small and medium enterprises. High initial costs related to sensors, diagnostic equipment, and data management platforms often deter adoption. Additionally, integrating these technologies into existing infrastructure - particularly in facilities using older equipment - can be complex and resource-intensive. The need for skilled personnel to manage and interpret oil data, along with the expense of staff training, adds further cost and complexity. During the transition phase, businesses may also face operational disruptions. These factors contribute to resistance from organizations accustomed to traditional, time-based maintenance practices, hindering widespread adoption despite the long-term efficiency Adoption of Predictive Maintenance Driven by Oil Condition Monitoring TechnologiesA growing trend in the North America Oil Condition Monitoring Market is the shift toward predictive maintenance models, enabled by advanced sensor technologies and real-time analytics. Companies across various sectors are leveraging oil condition monitoring tools to proactively assess equipment health, reducing the reliance on scheduled maintenance and minimizing unscheduled downtime. Internet of Things (IoT)-enabled devices and cloud platforms allow for continuous monitoring, remote diagnostics, and data-driven decision-making. This approach not only improves machinery reliability but also enhances maintenance planning and reduces lubricant waste. The focus on operational efficiency, cost control, and equipment longevity is making predictive maintenance via oil analysis a cornerstone of modern asset management strategies. Key Attributes: Report Attribute Details No. of Pages 120 Forecast Period 2024 - 2030 Estimated Market Value (USD) in 2024 $1.32 Billion Forecasted Market Value (USD) by 2030 $2.02 Billion Compound Annual Growth Rate 7.3% Regions Covered North America Report Scope: Competitive LandscapeCompany Profiles: Detailed analysis of the major companies present in the North America Oil Condition Monitoring Market. Emerson Electric Co. General Electric Company Siemens AG Schneider Electric SE Honeywell International Inc. Fluke Corporation ABB Ltd. Rockwell Automation, Inc. North America Oil Condition Monitoring Market, By Technology: Spectroscopy Chromatography Electrical Monitoring Viscosity Measurement North America Oil Condition Monitoring Market, By Type: Fluid Condition Monitoring Wear Debris Analysis Oil Quality Monitoring North America Oil Condition Monitoring Market, By Application: Automotive Industrial Machinery Marine Aerospace Power Generation North America Oil Condition Monitoring Market, By Country: United States Canada Mexico For more information about this report visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. Attachment North American Oil Condition Monitoring Market CONTACT: CONTACT: Laura Wood,Senior Press Manager press@ For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Fast, Detailed Property Condition Reports: NWM Risk Management Raises the Bar for PCRs
Fast, Detailed Property Condition Reports: NWM Risk Management Raises the Bar for PCRs

Yahoo

time20-05-2025

  • Business
  • Yahoo

Fast, Detailed Property Condition Reports: NWM Risk Management Raises the Bar for PCRs

A faster, smarter approach to property assessments—trusted by lenders, investors, and developers nationwide. PORTLAND, Ore., May 20, 2025 /PRNewswire/ -- NWM Risk Management is setting a new standard with its high-speed, high-precision Property Condition Reports. Designed to deliver actionable insights and boost client confidence, these tailored assessments move faster than the market and go deeper than the competition. "Many of our new clients were frustrated with previous providers—turnaround times were slow, and reports lacked clarity," said Tom Finnerty , Chief Operating Officer at NWM Risk Management. "We stepped in with fast, detailed PCRs tailored to their needs—and since then, we've maintained 100% client loyalty. That speaks volumes." NWM's PCRs are not just checklists—they are detailed reports that serve as strategic tools for decision-making. Each report provides a clear view of the property's physical state, including structural elements, major systems, and site conditions. Every detail is documented with clarity to reduce ambiguity and speed up next steps. What Sets NWM's PCRs Apart: Fast Turnaround: Access rapid property assessments delivered on time, every time. Custom Reporting: Aligns with your goals—underwriting, asset review, or risk evaluation. In-Depth Insight: Evaluates structure, systems, and site with precision. Clear Communication: Stay informed from scheduling to delivery. Nationwide Coverage: Consistent, high-quality reports across all 50 states. This elevated approach was developed in direct response to industry pain points. Many clients expressed the need for more transparent, responsive, and adaptable reporting from their previous providers —and NWM delivered. In addition to PCRs, NWM offers Plan and Cost Reviews, Construction Draw Reports, and other construction lending services, providing clients with a full spectrum of risk management services from a single trusted provider. If you're looking for a better approach to property due diligence—one that delivers speed, clarity, and reliability— NWM Risk Management is setting the standard. Contact Us or Request a free Property Condition Report quote today. NWM Risk Management is a leading national provider of construction and real estate risk consulting services. Specializing in draw inspections, plan and cost reviews, property condition reports, and more, NWM helps lenders, investors, and developers mitigate risk and make confident decisions to lead projects to success. Known for fast turnaround times, clear communication, and detailed reporting, NWM supports projects across all 50 states with a commitment to precision, service, and transparency. Learn more at View original content to download multimedia: SOURCE NWM Risk Management

Immigrants make up 3.4% of Mississippi's workforce
Immigrants make up 3.4% of Mississippi's workforce

Yahoo

time08-03-2025

  • Business
  • Yahoo

Immigrants make up 3.4% of Mississippi's workforce

JACKSON, Miss. (WJTV) – Amid ongoing focus related to jobs held by foreigners, a recent analysis provides perspective on how many jobs immigrants have in Mississippi. USAFacts defines immigrants as foreign-born residents who became U.S. citizens, are authorized to work in the U.S., or are undocumented residents. Nationally, they make up 16.8% of the total working-age population and roughly 18% of the overall workforce. In Mississippi, those percentages are 2.9% and 3.4%, respectively. The state has the smallest share of immigrants in its overall workforce nationally. Immigrant workers in Mississippi are overrepresented in a variety of fields, including leisure, hospitality and construction. The immigrant share of the workforce for these industries was disproportionally higher compared to even national averages. In 2023, there were about 75,300 immigrants in Mississippi. This translates to about 2.6% of residents. In the United States, the foreign-born population grew more than 4% between 2019-2023. In Mississippi, it grew more than 23% during the same period. Still, the United States has a much higher share of foreign-born residents, at 14.3% of its overall population. What's the importance of H-1B visas in Mississippi? Mississippi's labor force participation rate has been among the lowest nationally for several years. The rate among Mississippi's immigrant population is 12% higher than the native-born population. Many workers apply for a work visa, another focus of political controversy in recent months. Before the immigrant worker applies for a work visa, the prospective employer must effectively sponsor them to work there. This is done through a Labor Condition Application (LCA). Most job openings related to H-1B Visas relate to higher education or healthcare in Mississippi. Many H-1B workers go on to obtain permanent residency. This process, called Labor Certification, is also done by the employer. Close Thanks for signing up! Watch for us in your inbox. Subscribe Now Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

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