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BNM, govt to work on implementing ‘RESET' initiative to address high medical inflation
BNM, govt to work on implementing ‘RESET' initiative to address high medical inflation

The Sun

time9 hours ago

  • Business
  • The Sun

BNM, govt to work on implementing ‘RESET' initiative to address high medical inflation

KUALA LUMPUR: Bank Negara Malaysia (BNM) and the government are working on implementing the RESET initiative to address the high medical inflation in Malaysia. BNM governor Datuk Seri Abdul Rasheed Ghaffour said the initiative is a joint commitment undertaken with the Ministry of Health and the Ministry of Finance (MOF) aimed at revamping medical and health insurance and takaful. He stated that the RESET initiative would also serve to enhance price transparency, strengthen digital health systems, expand cost-effective care options and transform provider payment mechanisms. 'The success of RESET hinges on the involvement of all stakeholders in building a more accessible and resilient healthcare system and formulations,' he said in his welcoming address at the Sasana Symposium 2025, here today. Abdul Rasheed added that more details on RESET and the broader healthcare reforms will be discussed in the panel session entitled 'Rising Cost, Rising Stakes: Expediting Reforms to Address Medical Inflation', which will be held tomorrow, June 18. The session will feature Abdul Rasheed alongside Health Minister Datuk Seri Dr Dzulkefli Ahmad, Treasury secretary-general Datuk Johan Mahmood Merican and World Bank senior economist Aakash Mohpal. Meanwhile, Abdul Rasheed emphasised that structural reforms require a whole-of-nation approach, and one area where this was on full display is in the healthcare reforms, where rising medical inflation demands a more coordinated approach. The central bank governor noted that against the backdrop of economic uncertainties, open discourse is vital for gathering the best ideas to enable Malaysia to respond effectively to external challenges while continuing to drive structural reforms for the country. 'We are approaching this environment from a position of strength. The latest high-frequency indicators, such as the manufacturing industrial production index (IPI), services, exports and wages, point toward a resilient growth of the Malaysian economy,' he added.

BNM, govt launch RESET to tackle medical inflation
BNM, govt launch RESET to tackle medical inflation

The Sun

time9 hours ago

  • Business
  • The Sun

BNM, govt launch RESET to tackle medical inflation

KUALA LUMPUR: Bank Negara Malaysia (BNM) and the government are working on implementing the RESET initiative to address the high medical inflation in Malaysia. BNM governor Datuk Seri Abdul Rasheed Ghaffour said the initiative is a joint commitment undertaken with the Ministry of Health and the Ministry of Finance (MOF) aimed at revamping medical and health insurance and takaful. He stated that the RESET initiative would also serve to enhance price transparency, strengthen digital health systems, expand cost-effective care options and transform provider payment mechanisms. 'The success of RESET hinges on the involvement of all stakeholders in building a more accessible and resilient healthcare system and formulations,' he said in his welcoming address at the Sasana Symposium 2025, here today. Abdul Rasheed added that more details on RESET and the broader healthcare reforms will be discussed in the panel session entitled 'Rising Cost, Rising Stakes: Expediting Reforms to Address Medical Inflation', which will be held tomorrow, June 18. The session will feature Abdul Rasheed alongside Health Minister Datuk Seri Dr Dzulkefli Ahmad, Treasury secretary-general Datuk Johan Mahmood Merican and World Bank senior economist Aakash Mohpal. Meanwhile, Abdul Rasheed emphasised that structural reforms require a whole-of-nation approach, and one area where this was on full display is in the healthcare reforms, where rising medical inflation demands a more coordinated approach. The central bank governor noted that against the backdrop of economic uncertainties, open discourse is vital for gathering the best ideas to enable Malaysia to respond effectively to external challenges while continuing to drive structural reforms for the country. 'We are approaching this environment from a position of strength. The latest high-frequency indicators, such as the manufacturing industrial production index (IPI), services, exports and wages, point toward a resilient growth of the Malaysian economy,' he added.

Bank Negara launches RESET initiative to tackle rising healthcare costs
Bank Negara launches RESET initiative to tackle rising healthcare costs

New Straits Times

time10 hours ago

  • Business
  • New Straits Times

Bank Negara launches RESET initiative to tackle rising healthcare costs

KUALA LUMPUR: Bank Negara Malaysia is implementing a set of key initiatives, dubbed RESET, to address the increasing cost of medical care, said governor Datuk Seri Abdul Rasheed Ghaffour. The initiative focuses on overhauling medical and health insurance and takaful, improving price transparency, upgrading digital health infrastructure, broadening access to affordable treatment options, and reforming healthcare provider payment systems. He added that the initiative is supported by the Health Ministry, Finance Ministry, and other key stakeholders. "The success of RESET hinges on the involvement of all stakeholders in building a more accessible and resilient healthcare system for Malaysians," he said in his welcoming address at the Sasana Symposium 2025. "This issue will also be elaborated on in a panel session featuring Health Minister Datuk Seri Dr Dzulkefly Ahmad, Treasury Secretary-General Datuk Johan Mahmood Merican, World Bank senior economist Akash Mohapatra, and myself." Meanwhile, Abdul Rasheed said that in driving Bank Negara's green agenda, the development of the Greening Value Chain initiative, introduced in Malaysia in 2022, is gaining momentum. As the Asean Chair this year, Malaysia is also sharing its experience and learnings to support regional efforts in building sustainable and climate-resilient Asean economies. "I am also pleased to announce that the Climate Finance Innovation Lab (CFIL), an initiative under the Joint Committee on Climate Change (JC3), has officially commenced operations. "CFIL serves as a collaborative platform to develop and test new financial solutions for climate and nature-related projects. "More details on this matter will be discussed tomorrow in the panel session Building Climate Journey: How Wide Ranging is the Funding Mechanism," he said. The Sasana Symposium, themed Structural Reforms: Building Malaysia's Resilience, is taking place from June 17 to June 18 and aims to highlight discussions on structural reforms across various sectors.

PursueCare to Spotlight Next-Gen Digital Therapeutics at the 56th American Society of Addiction Medicine (ASAM) Conference in Denver April 24-27
PursueCare to Spotlight Next-Gen Digital Therapeutics at the 56th American Society of Addiction Medicine (ASAM) Conference in Denver April 24-27

Yahoo

time21-04-2025

  • Health
  • Yahoo

PursueCare to Spotlight Next-Gen Digital Therapeutics at the 56th American Society of Addiction Medicine (ASAM) Conference in Denver April 24-27

Celebrates ASAM Distinguished Fellow Honor for Dr. Jason Kirby DENVER, April 21, 2025--(BUSINESS WIRE)--PursueCare, a leading provider of virtual addiction treatment and specialized pharmacy services, is proud to announce its participation in the 56th Annual American Society of Addiction Medicine (ASAM) Conference in Denver, Colo., April 24-27, 2025. The event gathers top experts, clinicians, and innovators in addiction medicine to advance science, practice, and policy in the field. Honoring a Visionary in Addiction Medicine—Dr. Jason Kirby Named 2025 ASAM Distinguished Fellow PursueCare's Medical Director, Dr. Jason Kirby, DO, MBA, DFASAM, has been named a 2025 Distinguished Fellow of ASAM, one of the society's highest honors. This prestigious designation recognizes Dr. Kirby's enduring commitment to evidence-based, outcomes-driven care and his leadership in improving access to treatment for individuals with substance use disorder (SUD). "I began this journey nearly a decade ago with a mission to provide compassionate, science-backed care for people living with addiction. Being recognized as a Distinguished Fellow by ASAM is a profound honor," said Dr. Kirby. "It's a privilege to stand alongside so many esteemed leaders who are transforming the future of addiction medicine." With dual board certifications in addiction medicine and family medicine, and deep expertise in healthcare policy and population health, Dr. Kirby exemplifies the innovative and empathetic leadership PursueCare brings to the field. Visit PursueCare at Booth #325—Experience RESET® and RESET-O® Conference attendees are invited to Booth #325 to experience PursueCare's cutting-edge, virtual-first addiction treatment platform. The company will spotlight its latest advancements, including: RESET® and RESET-O®—the first and only FDA-authorized digital therapeutics for SUD and opioid use disorder (OUD). Watch the video Transforming Addiction Treatment with RESET®. Tools that offer 24/7 recovery support, blending cognitive behavioral therapy (CBT), contingency management, and real-time progress tracking within PursueCare's secure, proprietary smartphone applications. These groundbreaking therapeutics are seamlessly embedded into PursueCare's care model, extending the reach and impact of virtual addiction care. Elevating the Standards of Recovery "Dr. Kirby's recognition as a Distinguished Fellow is a proud moment for everyone at PursueCare," said Nick Mercadante, Founder and Chief Executive Officer. "His tireless work to expand access and improve outcomes in virtual addiction treatment reflects our mission to reimagine what recovery looks like for people everywhere." With innovation at its core, PursueCare continues to lead the charge in transforming addiction care through accessible, scalable, and data-driven solutions. About PursueCare PursueCare provides personalized virtual addiction treatment for individuals across states (CT, KY, MA, ME, NH, OH, and WV). Our mission is to increase access to chronic care through telehealth. Patients engage with a multi-disciplinary team providing medical care, counseling, psychiatry, and pharmacy. FDA-authorized digital cognitive behavioral therapy, RESET® and RESET-O®, supports recovery 24/7. We accept private insurance, Medicare, and Medicaid. Learn more at and View source version on Contacts Media Andreea Popa Head of Sign in to access your portfolio

RESET Mind & Body Expands Access to Elite Recovery Modalities for the Masses
RESET Mind & Body Expands Access to Elite Recovery Modalities for the Masses

Associated Press

time13-03-2025

  • Health
  • Associated Press

RESET Mind & Body Expands Access to Elite Recovery Modalities for the Masses

RESET Mind & Body is revolutionizing wellness by making elite recovery accessible and affordable. Using the RESET Method, it combines compression therapy, infrared sauna, cold plunge, hot tub, and red light therapy into a 60-minute session, delivering benefits of workouts, yoga, and massage in one. United States, March 13, 2025 -- Bringing Professional Recovery to Everyone Historically, recovery techniques such as cold plunging, infrared therapy, and compression therapy have been reserved for professional athletes and the ultra-wealthy. RESET Mind & Body is challenging this exclusivity by offering these advanced modalities to the general public in an affordable and community-driven setting. 'The RESET Method is designed to amplify the benefits of each therapy by sequencing them in an intentional order,' says Spencer Davis, Founder of RESET Mind & Body. 'While each of these modalities is powerful on its own, their combined effect enhances muscle recovery, reduces inflammation, improves sleep, and helps dissolve anxiety more effectively than using them separately.' The RESET Method: A Science-Backed Approach to Wellness The RESET Method was created by co-founders Tim and Spencer to maximize the benefits of each recovery tool. Unlike traditional wellness centers that offer a la carte services in a clinical setting, RESET takes a holistic and community-based approach to recovery. A single session at RESET includes: Compression Therapy – Improves circulation and speeds up muscle recovery. Infrared Sauna – Detoxifies the body and promotes relaxation. Cold Plunge – Reduces inflammation, boosts immunity, and sharpens mental clarity. Hot Tub Therapy – Soothes sore muscles and enhances relaxation. Red Light Therapy – Supports skin health and cellular regeneration. This structured sequence ensures compounded benefits, mimicking the results of a HIIT workout, yoga session, and deep-tissue massage in a single visit. Wellness Meets Community RESET is not just about individual recovery—it's about building a community around wellness. Unlike traditional recovery centers that focus solely on the physical benefits of their services, RESET offers a welcoming space where people can connect, recharge, and support one another in their health journeys. 'Cold plunging and recovery aren't just for biohackers and elite athletes anymore,' says Davis. 'At RESET, we believe that everyone deserves access to these transformative tools, and we're making that possible.' A Growing Movement in the Wellness Space RESET Mind & Body is expanding rapidly, bringing its innovative wellness approach to multiple locations. With eight locations already in operation and growing, RESET is quickly becoming a leader in the accessible recovery space. As more people seek holistic, science-backed recovery solutions, RESET stands out as a company that prioritizes affordability, accessibility, and community-driven wellness. To learn more about RESET Mind & Body or to find a location near you, visit About RESET Mind & Body RESET Mind & Body is a wellness company dedicated to bringing professional-level recovery to the masses. By combining compression therapy, infrared sauna, cold plunges, hot tubs, and red light therapy, the company has developed the RESET Method, a structured approach to maximizing health benefits in a community-driven environment. With locations nationwide, RESET is making elite recovery practices affordable and accessible for all. Media Contact Spencer Davis Founder, RESET Mind & Body Instagram | Website Contact Info: Name: Spencer Davis Email: Send Email Organization: RESET Mind & Body Release ID: 89155176

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