Latest news with #NavinGupta
Yahoo
13-05-2025
- Business
- Yahoo
The 2025 Healthcare Workforce Management Report Provides New Data and Insights on Improving Retention and Increasing Operational Excellence
Research based on survey of nearly 650 home-, facility-, and community-based healthcare professionals. BERKELEY HEIGHTS, N.J., May 13, 2025 (GLOBE NEWSWIRE) -- Viventium, who offers an industry-leading payroll, HR, and compliance platform purpose-built for healthcare providers, today published The 2025 Healthcare Workforce Management Report. Based on insights from an independent survey of nearly 650 professionals across home-, facility-, and community-based care, the research uncovers the disconnect between care staff and administrator perception, the role of technology and trust, and the impact of burnout and retention, and outlines what it takes to build stronger, more resilient teams from within. 'Our research highlights the underlying workforce challenges threaded throughout the macro trends shaping the industry,' said Navin Gupta, CEO of Viventium. 'We're excited to share our findings as a roadmap to help healthcare providers navigate these trends by identifying key areas that impact operational resilience, retention, and compliance.' The report sheds light on the day-to-day realities behind the industry's most pressing workforce issues –– such as areas where misalignment between care staff and administrators is quietly undermining trust, operations, and retention –– from persistent payroll errors to growing emotional strain. Key findings include: 74% of providers report current staffing shortages. 20% of providers expect staffing shortages in the near future. 72% of care staff experience burnout on a monthly basis. 11% of care staff report feeling burnout daily. 81% of administrators encounter payroll errors every month, and nearly half report experiencing three or more payroll errors monthly. 1 in 5 care staff say a single payroll mistake would break their trust in their employer. With this report, healthcare organizations will walk away with: Macro trends: 7 market forces shaping the future of healthcare. Pain points: 5 core issues related to workforce management that underlie each of the macro trends. Key insights: Gaps in perception between administrators and care staff and gaps in process and technology when it comes to payroll and compliance. Actionable strategies: Steps you can take today to rebuild morale, strengthen operations, and retain staff. Original research: Insights from hundreds of care professionals across care settings. Download the full 2025 Healthcare Workforce Management Report to explore solutions and take the first step toward building a more resilient care team. *Research conducted in December 2024. About Viventium Viventium is healthcare's trusted ally for payroll, HR, and compliance, combining innovative solutions with deep expertise in the healthcare industry. Its purpose-built cloud-based platform is designed to tackle the complexity and compliance challenges healthcare providers face, simplifying the workday, every day. Viventium helps organizations hire and retain care staff, improve the employee experience, and drive measurable value. Serving clients in all 50 states and supporting over 500,000 healthcare employees, Viventium enables organizations to focus on what matters most: providing compassionate care. It's a new day, with Viventium. For more information, visit Media Contact: jpetescia@ 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
Associated Press
08-05-2025
- Business
- Associated Press
Viventium Unveils Enhanced Per Visit Pay Solution to Empower Home Health Agencies
BERKELEY HEIGHTS, N.J., May 08, 2025 (GLOBE NEWSWIRE) -- Viventium, who offers an industry-leading payroll, HR, and compliance platform purpose-built for healthcare providers, today announced Per Visit Pay enhancements to Viventium Payroll. Designed specifically to meet the growing needs of home health agencies, these enhancements streamline payroll processing and safeguard agencies against frequent errors that can result in costly penalties. As home health agencies adapt to shifting regulations, tight margins, and workforce expectations, Viventium Payroll with Per Visit Pay provides a smarter way for agencies to pay clinicians for skilled nursing and therapy visits. By aligning compensation with visit type while ensuring full compliance with Fair Labor Standards Act and Affordable Care Act requirements, the enhanced offering allows agencies to scale, optimize labor costs, and improve care delivery. 'Home health organizations are being asked to do more with less while continuing to deliver exceptional care,' said Navin Gupta, CEO at Viventium. 'Viventium Payroll is purpose-built for home health agencies. Our mission is to deliver industry-specific functionality that empowers agencies to stay compliant, support clinicians, and gain financial control — all in one powerful platform.' Unlike legacy payroll systems that convert visits into hours using a fixed multiplier, Viventium Payroll captures both the actual hours worked and the number of visits completed. This dual-tracking approach ensures accurate calculation of overtime, retroactive pay, ACA eligibility, sick leave accruals, and more. By automating every step of the payroll process, Viventium Payroll helps eliminate errors, prevent under- or overpayment, and ensure full compliance, streamlining the entire payroll process from start to finish. Key benefits for home health agencies include: This release comes at a crucial time. Despite rising costs, home health agencies only saw a modest 0.5% Medicare rate increase in 2025, a rate well below inflation. With expectations that the Centers for Medicare & Medicaid Services will further adjust payments under the Patient-Driven Groupings Model, agencies must maximize efficiency and quality to stay competitive. 'With rising cost pressures and increasingly complex compliance demands, it's more important than ever for home health agencies to have a payroll partner that truly understands their unique needs. At Viventium, we designed our enhanced Per Visit Pay solution to deliver the precision, adaptability, and visibility agencies need to support their clinicians and protect their margins with confidence,' said Terra Vicario, Chief Client Officer, Viventium. To learn more about Viventium Payroll and Per Visit Pay, visit About Viventium Viventium is healthcare's trusted ally for payroll, HR, and compliance, combining innovative solutions with deep expertise in the healthcare industry. Its purpose-built cloud-based platform is designed to tackle the complexity and compliance challenges healthcare providers face, simplifying the workday, every day. Viventium helps organizations hire and retain care staff, improve the employee experience, and drive measurable value. Serving clients in all fifty states and supporting over 500,000 healthcare employees, Viventium enables organizations to focus on what matters most: providing compassionate care. It's a new day, with Viventium. For more information, visit Media Contact: Amanda Evans Director of Marketing, Home-Based Care [email protected] 718.766.0360
The National
02-05-2025
- Business
- The National
Will crypto replace traditional finance in our daily lives?
Cryptocurrencies are rapidly gaining more popularity, but it will be a while before they can replace traditional finance in our daily life tasks, according to experts. For cryptocurrencies to become the primary financial mode, there needs to be more regulatory certainty, further adoption of public use cases and a reduction of crimes in the sector, according to experts at the cryptocurrency conference Token2049 in Dubai this week. Initially, traditional finance and the new system of digital currencies will compete with each other, but the customer will eventually win because of better pricing, improved speed, quality and efficiency, said Navin Gupta, chief executive of blockchain analytics platform Crystal Intelligence. 'This week, First Abu Dhabi Bank [along with IHC and ADQ] announced plans to launch its own stablecoin. Traditional institutions wouldn't want to miss out because their customers would want the best of both worlds. They can access traditional finance, crypto, blockchain-enabled finance, and then choose whichever one but from the same brand. But that will take some years because we have many institutions that need to wake up to the new reality,' Mr Gupta said. Crypto will 'definitely emerge' in the next three years as a choice that every customer will have, he added. The UAE is taking steps to boost the adoption of digital assets and has launched several initiatives to support the sector. Abu Dhabi's ADGM has attracted global cryptocurrency players such as eToro and M2, allowing these companies to operate as a broker for securities, derivatives and crypto assets, and platforms for institutional and retail investors to buy, sell and hold custody of virtual assets. Dubai also adopted a law in 2022 to regulate virtual assets to support investors and streamline the offerings from exchanges. The emirate also set up the Virtual Assets Regulatory Authority under the Dubai Virtual Asset Regulation Law, to create an advanced legal framework. The UAE Central Bank also issued a regulation on stablecoins last June that will only allow businesses and sellers in the Emirates to accept cryptocurrencies for goods and services if they are dirham-backed stablecoins. Mr Gupta praised the UAE for its regulatory clarity and also cited improving policy certainty in the US. Most jurisdictions realise that 'this genie cannot be put into the bottle' and are coming up with regulation to keep customers safe, he said. However, he stressed the need for more adoption in terms of use cases, for example, remittances, payments or digital collectibles. Many use cases also need to become far more prominent, and the number of scams need to go down, he cautioned. Alice Shikova, marketing team lead at digital identity platform Space ID, also warned of challenges of interoperability and the lack of UX/UI experience for crypto users. It's still 'complex to switch between chains and to transact freely', she told The National. 'You always need to watch out for potential hackers. Everyone in the crypto space should have their own digital identity and on-chain name, that will make every transaction and person verifiable,' she suggested. When it comes to crypto use cases, payments solutions could offer big benefits, said Harrison Seletsky, director of business development at Space ID. At present, if you want to do an international remittance transaction, there's relatively high fees and it may take a few days. With crypto, it can be instantaneous, permission-free and a lot cheaper, he said. Stablecoins offer an example of a 'massive' use case already, especially for up-and-coming economies. For people who may not have easy access to US dollars, cryptos give them instant access to safe and secure alternatives on the blockchain, Mr Seletsky added. Vincent Chok, chief executive of First Digital, agreed that stablecoins are the 'next frontier of borderless finance' and are emerging as key players in the new financial infrastructure. Taking remittances as an example, he said in traditional systems, money movement is slow, expensive and limited by banking hours. Stablecoins change that by enabling users to send money globally, instantly and at a lower cost with 24/7 availability. 'It's definitely going to take some time because the banks move very slow. But the underlying infrastructure and value proposition are clear. So, over time, it will continue to move in that direction,' Mr Seletsky said. Paul Talbert, managing director and co-founder of Asset Token Ventures, a company that tokenises assets in fixed income and private credit, said the entry of more retail investors will help cryptos get more mainstream. As more regulation and public use cases come out, people will get more comfortable with it. They may replace traditional finance maybe in five years or 10 years, he reckoned. 'We're seeing a lot of growth. If you just look from 2023 to 2024, there was a massive increase in the amount of assets that were tokenised. We'll continue to see that,' Mr Talbert said. 'But it needs retail investors coming to the game, and that's coming on board slowly because regulation has made it slower than it could be. Other places like the US have to take a regulatory approach like the UAE and make it easier for the smaller retail investors.' Mr Chok from First Digital believes crypto won't replace traditional finance but will support it, boosting 'financial fluidity'. Hailing the arrival of spot Bitcoin exchange-traded funds, led by companies like BlackRock and Fidelity as a major milestone for crypto, Ryan Chow, founder of Solv Protocol, said they've played a key role in bridging the gap between traditional finance and crypto, giving institutional investors streamlined access to Bitcoin. 'Crypto isn't just for speculators any more, it's becoming part of the broader financial conversation,' Mr Chow said. 'Crypto still has a long way to go before it can truly rival traditional finance, but there's no question that the groundwork is being laid.'
Zawya
01-05-2025
- Business
- Zawya
Crystal Intelligence acquires scam alert to empower crypto scam victims, enhance global fraud detection
DUBAI, United Arab Emirates --(BUSINESS WIRE)-- Crystal Intelligence, a global leader in blockchain analytics and risk monitoring, announces today at Token2049 Dubai that it is acquiring Scam Alert, a publicly accessible platform for crypto scam reporting and detection initially created by Whale Alert. The acquisition reinforces Crystal's commitment to empowering scam victims globally, facilitating faster and more effective responses to crypto fraud, and enhancing cooperation with law enforcement agencies. Crypto fraud has reached unprecedented levels, and victims are often left isolated, unsupported, and unaware that they may be part of a broader, coordinated scheme. Crystal's acquisition of Scam Alert is designed to change this by enabling victims to report scams and aggregate these individual reports through Crystal's advanced clustering analytics. This technology identifies broader fraud patterns, linking isolated cases to larger operations and providing critical intelligence to law enforcement agencies globally. Frank van Weert, Founder and CEO of Whale Alert, said 'We launched Scam Alert to combat crypto crime, and by joining forces with Crystal Intelligence, we can now make a meaningful impact where others have fallen short. Blockchain can only thrive in an environment where users feel safe.' 'We are fundamentally a B2B company, yet we receive an overwhelming number of desperate outreach messages from scam victims with minimal resources available,' said Navin Gupta, CEO of Crystal Intelligence. 'Individual victims rarely see justice, enabling scammers to repeatedly harm thousands more. This has to stop. Scam Alert is our important step toward protecting individuals, triaging genuine scam reports, and collaborating directly with law enforcement and virtual asset service providers (VASPs) to prevent future victimization and support potential fund recovery.' The frequency and scale of cryptocurrency crimes have surged substantially in recent years, with losses surpassing $9.3 billion in 2024 alone, a 66% jump from 2023, according to the FBI's Internet Crime Complaint Center 2024 Report. Whale Alert will continue as an advisory partner, amplifying Scam Alert's reach across its substantial social media following. Crystal plans a phased rollout, starting with comprehensive multilingual data collection, victim support infrastructure, and strategic collaboration with global law enforcement and regulatory bodies. Scam Alert will also adopt Crystal's hyperlocal intelligence approach by working closely with local ambassadors, foundations, and blockchain communities worldwide. This is also a call to action for others who believe in this cause to join us. Marina Khaustova, COO of Crystal says, 'Scam Alert can be a lifeline for those impacted by crypto fraud. Victims deserve a recognized course of action and genuine support. Scam Alert will convert scattered experiences into actionable insights, contributing significantly to scam prevention and victim support. We look forward to working with Whale Alert to deliver an unmatched platform in the fraud protection and recovery process for crypto.' The initiative has received support from key industry stakeholders, including Polygon, Tether, and Ethereum Foundation—partners who share our vision for a safer crypto ecosystem. Crystal's long-term vision involves significantly improving crypto community safety. Gupta emphasized, 'Scams remain the biggest obstacle to new user adoption in crypto. Scam Alert symbolizes our ongoing commitment to a safer blockchain ecosystem. Through collaborative data sharing, educational initiatives, and early detection of scam trends, we aim to equip VASPs and law enforcement with powerful tools to combat crime.' The Scam Alert initiative is intentionally structured as a standalone, non-commercial project within Crystal, inviting collaboration with industry peers, foundations and regulatory authorities. About Crystal Intelligence Crystal is a leading blockchain intelligence firm empowering financial institutions, law enforcement, and regulators with real-time blockchain analysis, investigative, and compliance solutions. Our technology helps financial institutions efficiently comply with global anti-money laundering regulations. Investigators and government agencies rely on Crystal's cutting-edge technology and real-time intelligence to solve crypto investigations. Available as a free blockchain explorer, SaaS, or API.
Business Wire
01-05-2025
- Business
- Business Wire
Crystal Intelligence Acquires Scam Alert to Empower Crypto Scam Victims, Enhance Global Fraud Detection
DUBAI, United Arab Emirates--(BUSINESS WIRE)-- Crystal Intelligence, a global leader in blockchain analytics and risk monitoring, announces today at Token2049 Dubai that it is acquiring Scam Alert, a publicly accessible platform for crypto scam reporting and detection initially created by Whale Alert. The acquisition reinforces Crystal's commitment to empowering scam victims globally, facilitating faster and more effective responses to crypto fraud, and enhancing cooperation with law enforcement agencies. Crypto fraud has reached unprecedented levels, and victims are often left isolated, unsupported, and unaware that they may be part of a broader, coordinated scheme. Crystal's acquisition of Scam Alert is designed to change this by enabling victims to report scams and aggregate these individual reports through Crystal's advanced clustering analytics. This technology identifies broader fraud patterns, linking isolated cases to larger operations and providing critical intelligence to law enforcement agencies globally. Frank van Weert, Founder and CEO of Whale Alert, said 'We launched Scam Alert to combat crypto crime, and by joining forces with Crystal Intelligence, we can now make a meaningful impact where others have fallen short. Blockchain can only thrive in an environment where users feel safe.' 'We are fundamentally a B2B company, yet we receive an overwhelming number of desperate outreach messages from scam victims with minimal resources available,' said Navin Gupta, CEO of Crystal Intelligence. 'Individual victims rarely see justice, enabling scammers to repeatedly harm thousands more. This has to stop. Scam Alert is our important step toward protecting individuals, triaging genuine scam reports, and collaborating directly with law enforcement and virtual asset service providers (VASPs) to prevent future victimization and support potential fund recovery.' The frequency and scale of cryptocurrency crimes have surged substantially in recent years, with losses surpassing $9.3 billion in 2024 alone, a 66% jump from 2023, according to the FBI's Internet Crime Complaint Center 2024 Report . Whale Alert will continue as an advisory partner, amplifying Scam Alert's reach across its substantial social media following. Crystal plans a phased rollout, starting with comprehensive multilingual data collection, victim support infrastructure, and strategic collaboration with global law enforcement and regulatory bodies. Scam Alert will also adopt Crystal's hyperlocal intelligence approach by working closely with local ambassadors, foundations, and blockchain communities worldwide. This is also a call to action for others who believe in this cause to join us. Marina Khaustova, COO of Crystal says, 'Scam Alert can be a lifeline for those impacted by crypto fraud. Victims deserve a recognized course of action and genuine support. Scam Alert will convert scattered experiences into actionable insights, contributing significantly to scam prevention and victim support. We look forward to working with Whale Alert to deliver an unmatched platform in the fraud protection and recovery process for crypto.' The initiative has received support from key industry stakeholders, including Polygon, Tether, and Ethereum Foundation—partners who share our vision for a safer crypto ecosystem. Crystal's long-term vision involves significantly improving crypto community safety. Gupta emphasized, 'Scams remain the biggest obstacle to new user adoption in crypto. Scam Alert symbolizes our ongoing commitment to a safer blockchain ecosystem. Through collaborative data sharing, educational initiatives, and early detection of scam trends, we aim to equip VASPs and law enforcement with powerful tools to combat crime.' The Scam Alert initiative is intentionally structured as a standalone, non-commercial project within Crystal, inviting collaboration with industry peers, foundations and regulatory authorities. To learn more about and Crystal's efforts in blockchain monitoring, visit About Crystal Intelligence Crystal is a leading blockchain intelligence firm empowering financial institutions, law enforcement, and regulators with real-time blockchain analysis, investigative, and compliance solutions. Our technology helps financial institutions efficiently comply with global anti-money laundering regulations. Investigators and government agencies rely on Crystal's cutting-edge technology and real-time intelligence to solve crypto investigations. Available as a free blockchain explorer, SaaS, or API.
