Latest news with #financialresilience
Associated Press
6 days ago
- Business
- Associated Press
Lisa T. Miller Launches Nation's First Hospital Entrepreneurship Strategy Program
Hospital executives gain a groundbreaking pathway to boost innovation, financial resilience, and patient outcomes. Palm Beach Gardens, Florida--(Newsfile Corp. - May 30, 2025) - Healthcare strategist and former VIE Healthcare CEO Lisa T. Miller has officially launched the nation's first dedicated Hospital Entrepreneurship Strategy Program, a bold initiative aimed at helping hospitals transform from cost centers into innovation hubs. [ This image cannot be displayed. Please visit the source: ] Lisa T. Miller launches hospital entrepreneurship strategy program To view an enhanced version of this graphic, please visit: 'Every hospital already has untapped innovation. The problem is, they don't have a framework to turn that into strategy,' said Lisa T. Miller. 'This program changes that.' The new program is a structured, hands-on solution that guides hospitals in creating and scaling revenue-generating initiatives while strengthening their mission of care. Drawing from Lisa T. Miller's 33 years of experience in healthcare operations, hospital consulting, and executive sales, the initiative empowers healthcare leaders to think beyond traditional cost reduction. Solving a $1 Trillion Opportunity Problem Hospitals are under mounting financial pressure. In 2024, over 40% operated at negative margins, despite healthcare spending exceeding $4.9 trillion. According to Miller, there is a major gap in how hospital systems approach innovation. 'Entrepreneurship in hospitals can no longer be a buzzword,' Miller explained. 'It must be a system: one that prioritizes internal ideation and execution as seriously as cost control.' The new program builds on her signature 'C-Suite Sales Mastery' framework - already known for helping clients land seven-figure deals with hospital executives. However, this is the first time Miller has turned her attention squarely toward transforming hospital leadership from buyers into builders. Program Structure and Benefits Lisa T. Miller's Hospital Entrepreneurship Strategy Program includes: 'This is about more than growth,' Miller noted. 'It's about resilience. Hospitals need to future-proof their revenue strategies while staying aligned with patient-first care.' Proven Experience, New Direction Lisa T. Miller has already helped healthcare leaders generate over $200 million in C-Suite sales and eliminate over $1 billion in waste through her previous firm, VIE Healthcare Consulting, which was acquired by Morgan Stanley Capital Partners in 2022. Now, through her platform she works with hospital executives, founders, and private equity firms to help them gain direct access to healthcare C-Suites and build lasting value through innovative strategy. Her widely referenced report, Selling To The Healthcare C-Suite, remains a cornerstone resource for healthcare commercial teams across the country. That report is available to download here. Shifting the Paradigm in Hospital Strategy Lisa T. Miller believes hospitals can no longer afford to separate innovation from daily operations. 'Every hospital has clinical talent, operational know-how, and patient access. What's often missing is the commercialization mindset,' she said. 'My job is to help them build it.' Early interest in the program has come from CFOs, CMOs, and strategy leaders seeking a structured approach to growth that doesn't compromise patient care. For more information on the Hospital Entrepreneurship Strategy Program or to book a consultation, visit Contact: Lisa T. Miller Phone: 786-214-9024 To view the source version of this press release, please visit
Finextra
27-05-2025
- Business
- Finextra
Zopa and ClearScore-led coalition complete cost of living mission goals
The 2025 Fintech Pledge ( has completed its campaign goal of driving 25 million actions that help UK consumers improve their financial resilience. 0 The achievement is more than double the campaign's original goal of 10 million actions and is equivalent to 50% of the UK adult population taking one action to strengthen their ability to withstand an economic shock. Through unprecedented cross-industry collaboration, the Pledge achieved this by connecting consumers to financial technology platforms that a) make SAVINGS work harder, b) improve CREDIT scores, c) manage and consolidate DEBT, d) lower BILLS and household outgoing costs, and e) unlock BENEFITS and financial aid. The campaign also launched Master My Money, a financial education platform that garnered over 6 million views on TikTok and drove 40,000 clicks to in-depth educational blog content. Supporting the campaign, The Money Charity delivered dozens of Pledge-funded workshops across the UK, helping frontline consumers double (2x) their confidence and skills in managing their finances. The campaign has also driven progress across several key areas of personal finance, including: 700,000+ high-yield savings accounts created (Savings pillar) £20 billion deposited in said accounts (Savings pillar) 53% of users improved their credit score (Credit pillar) 6 million consumers engaging in the Debt Awareness Week (Debt pillar) ~1 million consumers have been offered cheaper utility deals from alternative suppliers (Bills pillar) ~£1 billion in extra government support into people's pockets per year (Benefits pillar Jaidev Janardana, CEO of Zopa Bank, said: 'In less than three years, the Pledge has improved consumers' understanding of complex financial topics and enabled them to take simple actions to improve their financial situation. The pledge speaks to the core of Zopa's purpose - providing effortless and valuable products to UK customers. I am proud that so many organisations across the industry and beyond have shared in this journey - this is a milestone to celebrate.' Justin Basini, CEO and Co-founder of The ClearScore Group, said: 'We convened the Pledge to help boost the financial resilience of everyday people, and we have successfully done that. However, while we are proud to have hit the extended target of 25 million consumer actions, the work to help people manage their creditworthiness and financial stability never stops at ClearScore. We will continue fighting for the best insights, products and outcomes for our users and the financial services partners we work with. Michelle Highman, CEO of The Money Charity, said: 'We have been proud to be the Pledge's charity partner and to play our part in delivering our Money Workshops in communities across the country. We are grateful for the support we have received from various Pledge members, including Zopa and ClearScore. Our much-needed work also continues, and we hope to reach more people than ever before in 2025.' Zopa Bank and ClearScore launched the 2025 Fintech Pledge in 2022, quickly mobilising a cross-industry coalition of 57 fintechs. It is now run by six organisations: Zopa Bank leads savings, ClearScore leads credit, the Money and Pensions Service leads bills, Policy in Practice leads benefits, StepChange leads debt, and The Money Charity is the scheme's lead charity partner. Other partners include Google Cloud, Salesforce, and Hargreaves Lansdown. In 2025, the Pledge will continue to fund The Money Charity and encourage further industry collaboration linked to HM Treasury's development of a Financial Inclusion Strategy. In the autumn, the Pledge will publish its final Impact Report that will capture the coalition's successes to date and present its priorities for the future.
The Herald
27-05-2025
- Business
- The Herald
The dynamic world of stokvels
In this inaugural issue of Stokvels, we explore the transformative impact of stokvels, those remarkable community-driven savings groups reshaping financial landscapes. As economic challenges persist, stokvels emerge as vital tools for combatting inflation and fostering financial resilience. We delve into how these groups have evolved from simple support networks to sophisticated investment vehicles, offering a lifeline to many. Discover how communities leverage collective buying power to tackle rising costs and gain insights into effective money management strategies within stokvels that pave the way for financial success. Entrepreneurs will find inspiration in innovative approaches to harnessing communal resources for business growth, tapping into the collective strength of these groups. We also celebrate the cultural significance of stokvels, honouring their role in upholding community spirit through traditional practices such as burial societies. These groups preserve cultural heritage and provide essential support in times of need. Empowerment is a key theme, particularly in how stokvels open doors for women, fostering leadership and economic independence. We also highlight the role of technology in modernising stokvels with insights from an industry leader, Tshepo Moloi, CEO of StokFella, on how digital advancements are making these groups more accessible and efficient. Join us as we journey through the dynamic world of stokvels, where community spirit meets financial innovation, and discover how these collective efforts drive change and empowerment across diverse communities. Busani Moyo, Editor
Yahoo
26-05-2025
- Business
- Yahoo
Indian Metals & Ferro Alloys Ltd (BOM:533047) Q4 2025 Earnings Call Highlights: Navigating ...
Release Date: May 23, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Indian Metals & Ferro Alloys Ltd (BOM:533047) demonstrated resilience in Q4 FY25 despite ongoing market challenges, focusing on operational excellence. The company delivered a positive free cash flow and retained a healthy financial position despite headwinds. Work has commenced on a 96,000 metric tons per annum greenfield ferrochrome expansion project in Kalinga Nagar, with all major orders placed. Indian Metals & Ferro Alloys Ltd signed power purchase agreements to acquire 110 megawatts of hybrid renewable energy, enhancing energy security and reducing carbon footprint. The company received necessary statutory clearances for a 120 kLD ethanol project and completed major equipment orders. The macroeconomic environment remains uncertain, impacting several segments of commodity markets. There was a decrease in EBITDA by 44% from Q3 to Q4 FY25, despite only a 12% decrease in revenue. Falling Metco prices have not yet fully benefited the company due to inventory lag. The company faces challenges in the South African market, including electricity costs and market conditions affecting production. The cost of the Kalinga Nagar expansion project has increased from initial estimates, now totaling approximately 900 crores. Warning! GuruFocus has detected 3 Warning Sign with BOM:526423. Q: What was the EBITDA cost per metric ton for Q4 FY25? A: The EBITDA cost was ?76,980 for Q4 FY25. - Chief Financial Officer Q: How do you expect the falling Metco prices to impact your costs? A: We have seen a reduction in Metco prices from ?18,881 last year to ?15,543 this year. We usually keep a stock of about three months, so the benefits of falling prices will take some time to reflect. - Chief Financial Officer Q: Can you provide an update on the Kalinga Nagar expansion project? A: Major equipment orders for the Kalinga Nagar project have been completed. We plan to commission the first furnace by June 2026. - Chief Financial Officer Q: What is the impact of the Merafe shutdown in South Africa on the market? A: Merafe and Glencore have reduced production due to market conditions and increased electricity costs in South Africa. This may lead to more chrome ore exports from South Africa. - Head of Sales and Marketing Q: What are the expected production levels for FY26 and FY27? A: We expect to start production from the new facility in mid-2026, with an estimated production of 50,000 to 60,000 metric tons in the first year. - Chief Operating Officer For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus. Error 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
South China Morning Post
22-05-2025
- Business
- South China Morning Post
Hongkongers deserve a financial education that empowers them
In March, the Investor and Financial Education Council launched 'Hong Kong Money Month 2025', aiming to strengthen financial resilience and combat financial fraud among the public. Despite Hong Kong's status as a global financial hub, a significant portion of its population lacks essential financial literacy . Personal finance is still largely absent from our school curriculum. We teach students algebra and essay writing but rarely show them how to read a bank statement or plan a monthly budget. While some non-governmental organisations offer workshops, they're not systematically embedded in our education system. Migrant domestic workers , who play a crucial role in Hong Kong's economy, also face financial literacy challenges. A 2024 survey by Enrich HK and the University of Hong Kong found that 62 per cent of migrant domestic workers are 'financial beginners', highlighting the need for targeted financial education programmes. I remember getting my first part-time pay cheque during secondary school in Hong Kong. Like many students working weekends at a chain store in Mong Kok or Causeway Bay, it felt empowering until I saw how little I understood about what was actually on the payslip. Mandatory Provident Fund (MPF) deductions? Tax codes? I didn't ask. I was just happy to be earning. That moment stuck with me. We often call Hong Kong a global financial centre – and it is. However, financial knowledge doesn't trickle down just because skyscrapers go up. For many working-class families, navigating credit card bills, rent hikes or MPF choices can be deeply confusing. Being surrounded by finance doesn't mean you've been taught how to handle your money.
