Categories ArchivesNews and Analysis

What to Look for in Healthcare 2021: A Struggling Hospital Industry and Security Concerns in the Age of Telehealth standard

Hospitals weathered massive financial hits in 2020 and it's likely that COVID-19 will impact the industry throughout 2021. Stay informed. Our Insights Newsletter highlights the latest news and analysis on global strategy, policy and risk.  Subscribe to Insights The hospital industry faced a massive financial crisis in 2020 caused by the COVID-19 pandemic, as systems struggled with low patient volumes and massive hits to financial resources and liquidity. The pandemic will likely continue to have a substantial impact on the hospital industry throughout 2021, from increased hospital consolidation to a volatile payer mix and a surge in telehealth. Mergers Likely to Increase for the Greater Good Healthcare experienced a significant movement toward hospital consolidation prior to the pandemic, and this trend is likely ...

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3 Global Health Achievements to Celebrate as We Mark COVID-19’s One-Year Anniversary standard

The COVID-19 pandemic has taught us the world can accomplish a lot when countries work together. Stay informed. Our Insights Newsletter highlights the latest news and analysis on global strategy, policy and risk.  Subscribe to Insights Dante Disparte, a member of the US Federal Emergency Management Agency's National Advisory Council, highlighted opportunities to learn from COVID-19 in the face of future pandemics in a recent report. These include the need to restore institutional trust, fund preventative measures, and ensure access to emergency health care. “The key to avoiding the specter of COVID-19 becoming a seasonal threat is to combat the effects and short termism of vaccine nationalism and to ensure globally available vaccines, particularly for developing and emerging countries,” Disparte told Global Citizen. “Against the threat of ...

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America is Woefully Unprepared for Climate Change standard

To enact a meaningful climate plan, investing in climate-resilient infrastructure needs to be a top priority. Stay informed. Our Insights Newsletter highlights the latest news and analysis on global strategy, policy and risk.  Subscribe to Insights Our climate plan has failed. For any in doubt, look no further than Texas. Extreme weather like the recent arctic winter storm that crippled the Texas power grid and left millions in freezing temperatures without heat or water, is our current climate reality. While net-zero targets remain crucial to curbing rising global temperatures, they do nothing to address the effects climate change are having on infrastructure and on our daily lives today. To enact a meaningful climate plan, investing in climate-resilient infrastructure needs to be a top priority. The nation’s long-neglected ...

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RC Quick Takes – Will the February Freeze Spur Change in Texas? standard

While the debate over extreme weather causality rages on, the impact these harsh events have on U.S. infrastructure cannot be disputed.  Stay informed. Our Insights Newsletter highlights the latest news and analysis on global strategy, policy and risk.  Subscribe to Insights As Texas and U.S. authorities continue to analyze what went wrong in the aftermath of February’s winter storm, the future of our nation’s infrastructure once again remains front and center. This country, and the world for that matter, must take a two-pronged approach to remain resilient in the face of catastrophic weather events, which will continue to become more frequent and severe.  First, global economies must prepare to reduce greenhouse gas emissions and encourage citizens and businesses to engage in climate-friendly ...

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California Hardwired Energy Security Into Code, And The World Should Follow Suit standard

Originally published about California in May 2018, this article could just as easily answer the question, "How can we build energy resilience and avoid future crises?" in the aftermath of Texas' devastating February 2021 energy failure. Stay informed. Our Insights Newsletter highlights the latest news and analysis on global strategy, policy and risk.  Subscribe to Insights The state of California, recently anointed as the 5th largest economy in the world, is no stranger to complex risks.  From the infernal wildfires that set parts of the state ablaze claiming 43 lives and setting records in terms of costs, to the oscillation between droughts and infrastructure-threatening rain, set against perennial seismic risks, California has long been a proving ground for the innovations needed for societal ...

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Preparing for the next pandemic: Early lessons from COVID-19 standard

Even though pandemic preparedness and biodefense have had ardent and clarion supporters, COVID-19 proved how ill-prepared we were to combat a 100-year pandemic.  Stay informed. Our Insights Newsletter highlights the latest news and analysis on global strategy, policy and risk.  Subscribe to Insights COVID-19 has caused more than 109 million confirmed cases, claimed more than 2.4 million lives, and even brought prosperous nations and well-run healthcare systems to their knees. Few countries have been spared. Even in the economically powerful U.S., the tension between maintaining social freedoms and engaging in efforts of collective defense against the virus has led to politicization (e.g., mask wearing, social distancing and vaccine refusal). Sadly, the U.S. is bearing the heaviest human toll from the virus with ...

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RC Quick Takes – Amazon’s Workers’ Compensation Issue: A Learning Opportunity for Employers standard

An abundance of injuries in Amazon warehouses may damage more than just the e-commerce behemoth’s reputation. Stay informed. Our Insights Newsletter highlights the latest news and analysis on global strategy, policy and risk.  Subscribe to Insights The hazardous working environments within its warehouses could begin to hurt the company’s bottom line as well. Amazon’s Fulfillment Centers are Deemed Unfulfilling  According to the Seattle Times, Washington state’s labor agency reported that workers in Amazon’s highly automated warehouses are injured at a higher rate than people working in other types of storage facilities. In December, the labor agency announced a new fulfillment center classification for warehouse employees to calculate workers’ compensation insurance rates. Previously, the State Department of Labor & Industries has grouped Amazon fulfillment ...

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Short Selling, GameStop and What Risk Management Has to Say About It All standard

The events unfolding in the wake of the GameStop drama involving “David” retail investors and “Goliath” institutional investors will be immortalized in investor lore for generations to come. Stay informed. Our Insights Newsletter highlights the latest news and analysis on global strategy, policy and risk.  Subscribe to Insights There is something about Wednesdays in January this year. On January 6, the nation experienced an insurrection. A week later on Wednesday, January 12, Congress voted to approve the articles of impeachment. On Wednesday, January 20th, the U.S. witnessed an inauguration. Finally, on Wednesday, January 27, Wall Street felt the impact of coordinated retail investors. The events unfolding in the wake of the GameStop drama involving “David” retail investors and “Goliath” institutional investors (i.e., hedge funds) will be immortalized ...

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How Cyber Risk, Food Insecurity, Social Unrest and Economic Fear Will Color 2021 and Beyond standard

With 2020 officially “in the books,” focus now shifts to what the year ahead has in store. Stay informed. Our Insights Newsletter highlights the latest news and analysis on global strategy, policy and risk.  Subscribe to Insights With recently developed vaccines for COVID-19 being distributed, there is burgeoning hope of getting the pandemic under control, yet hesitancy and fear still abound regarding what new risks 2021 may bring. This prior year tested the resiliency of governments, companies, and families alike with a range of complex risks. If one lesson was gleamed from 2020, it was the need for better preparedness and the exposure of vulnerabilities of our global markets leading to disruption. The COVID-19 vaccinations are certainly promising, but they alone ...

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If JP Morgan, Amazon and Berkshire Hathaway Can’t Reform Healthcare, Who Can? standard

Amazon, Berkshire Hathaway and JPMorgan Chase have announced their joint venture, Haven Health, would be shutting its doors. Stay informed. Our Insights Newsletter highlights the latest news and analysis on global strategy, policy and risk.  Subscribe to Insights The U.S. political discord of 2020 that spilled into 2021 will continue to dominate the headlines well into the New Year and for the foreseeable future. Disagreements over pandemic-driven mask mandates, foreign trade, stimulus checks and the election results themselves are indelible themes that will resonate throughout U.S. history. The one theme that remains intractable, even well before 2020, has been the pitiable state of the U.S. health care system. The recent disbandment of Haven Health has sent a clear signal that health care, like our tax system, ...

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