26 May, 2017

Memorial Day Weekend News Roundup: latest from Healthcare, Retail, Financial Services, Security & Enterprise

 -Memorial Day Weekend News

Happy Memorial Day Weekend everyone.

It’s time for the weekly news round-up. This week, we’re going to kick off with healthcare.

HEALTHCARE

EHRs

The University of Chicago Medicine and Google have teamed up to study EHRs. This partnership is working to study whether analyzing EHRs can predict health and improve the quality of care.

KentuckyOne

KentuckyOne Health CEO Ruth Brinkley announced for resignation this according to Modern Healthcare. This news comes just a week after the system announced its intentions to cut back on its operations in Louisville.

Chuck Neumann has been named CEO, and will officially take up the role on July 14. Brinkley is reported to be continuing to work with the health system until September to ensure an effective transition.

Steward Health Care

Steward Health Care could become the single largest US health system with a $2 billion merger with IASIS Healthcare. This merger would create a system with 36 hospitals across 10 states, managed care operations in Arizona, Uta, and Massachusetts, and projected revenues of nearly $8 billion in 2018.

CHS

Modern Healthcare reported that Community Health Systems has rejected a $2.4 billion acquisition offer from a physician-led group to buy out much of Lutheran Health Network.

Telehealth

Telehealth companies got a boost this week thanks to a Senate Bill 1107, which was passed May 11 and is expected to be signed into law by Gov. Greg Abbott within weeks.

The bill now permits doctors and patients to develop a relationship without an in-person meeting. This comes as Texas works to revise its restrictive telehealth rules.

Northwell Health

The largest healthcare provider in New York State, Northwell Health has announced a partnership with Peerbridge Health to pilot remote medical monitoring of cardiac patients.


RETAIL

IKEA

Ikea had a big week this week, with two major announcements. Firstly, the Swedish furniture company announced the appointment of Jesper Brodin as president and CEO starting September. Brodin currently serves as Managing Director of IKEA of Sweden, responsible for the development of the product range and supply chain.

Secondly, Ikea’s Tradfri line of smart lightbulbs that can be controlled by voice commands via Amazon Alexa, Google Assistant, and Apple’s Siri will be hitting stores from this summer, according to a Swedish press release from Ikea, translated by TechCrunch.

Target

The retailer Target will pay $18.5M as a settlement for the 2013 data breach.

Warby Parker

According to TechCrunch, Warby Parker has developed a new Prescription Check app that will allow consumers to self-administer an eye test through their smart devices. The app is being tested in California, Floria, New York and Virginia. The results from the self-administered eye tests can be remotely reviewed by an eye doctor, who can then provide a prescription or request further tests. can then be reviewed remotely by an eye doctor who can provide a prescription, the company announced in a video on its website. For now, users are only able to confirm that current subscriptions are correct. The app will eventually be used to issue new prescriptions.


FINANCIAL SERVICES

GE Energy Financial Services

GE Energy announced this week that it’s investments in renewable energy has now exceeded $15 billion. According to the firm, global renewable energy investments were outpacing fossil fuel investment by two to one.

GE Energy’s renewable energy investment commitments span across 17 countries and made up of mainly of wind and solar technologies. came earlier this week, at the American Wind Energy Association’s Windpower 2017 conference.

This announcement came earlier this week, at the American Wind Energy Association’s Windpower 2017 conference.

“Renewable energy has a vibrant future with demand increasing across the world, and it creates jobs and addresses global environmental challenges,” David Nason, president and CEO of GE Energy Financial Services, said in a statement.

 

Wells Fargo

Wells Fargo & Co. has made the move this week to improve the signing bonuses for veteran brokers. This move is reported to be an attempt to capitalize on Morgan Stanley’s and Merrill Lynch’s retreat from the industry’s costly recruiting practice known as “prisoner exchange.”


SECURITY & ENTERPRISE

Microsoft

Microsoft again is forging ahead in the enterprise market this week. Reportedly the technology giant has continued its acquisition run with Israeli cyber security startup Hexadite, according to CNBC. The startup investigates cyber attacks using machine learning, decreasing damage from an attack.

Microsoft also launched a new Surface Pro onto the market this Tuesday that includes “about 800 new custom parts,” according to Microsoft.

Special Report

According to a survey conducted by Harvey Nash and KPMG, 42% of women CIOs received pay raises in 2016 compared to 32% of men. Information Age reports that the results of this report reveal salary increases for women across many technology sectors and were highest in both the financial services/banking and business/professional services sectors.

It’s worth noting that only 9% of IT leadership positions worldwide are held by women.

Digital Enterprise & Transformational CISO Keynote Announcement

The Millennium Alliance is thrilled to announce the participation of Tony Scott, Retired Federal CIO – U.S. Government, Former CIO VMware, Microsoft and Walt Disney as Keynote Speaker at Digital Enterprise Transformation Assembly and Transformational CISO Assembly.

Tony Scott served in the Obama administration as the 3rd Federal Chief Information Officer (Federal CIO) for the U.S. Government and was appointed to that role by President Obama in February 2015. The Federal CIO has oversight, budget and management responsibilities for the more than $85 billion that the Federal Government annually spends on IT. In that capacity, he created the government-wide response plan after the OPM cybersecurity hacking incident, including the Cybersecurity Sprint and Implementation Plan (CSIP), which dramatically improved the information systems security posture of the Federal Government. His numerous appearances before Congress, and many other forums – providing CXO level public and private sector insight on matters such as digital workplace transformation, cybersecurity, governance, open data, and workforce diversity have been widely recognized.

Immediately before joining the Obama administration, Tony was the Chief Information Officer at Vmware. Prior roles include the Chief Information Officer at Microsoft Corporation, Chief Information Officer at the Walt Disney Company, and Chief Technology Officer at General Motors Information Systems & Services.

Tony holds a Bachelor of Science Degree from the University of San Francisco in Information Systems Management, and a Juris Doctorate (law) degree from Santa Clara University. He was inducted into CIO magazine’s “CIO Hall of Fame” in 2009 and has been a frequent keynote speaker, panelist, and advisor to numerous industry and government events. Tony is also a licensed pilot and enjoys flying his own plane whenever possible.


ABOUT DIGITAL ENTERPRISE TRANSFORMATION ASSEMBLY

Digital Enterprise Transformation AssemblyThe Millennium Alliance is thrilled to present our biannual Digital Enterprise Transformation Assembly, put together by the industry, for the industry. Join us on June 22-23, at The Camby in Phoenix, AZ for a series of executive education roundtables, keynote presentations, collaborative think tanks, educational workshops, and networking sessions will offer industry-specific topics and trends to ensure your company sustains its competitive advantage.

The Digital Enterprise Transformation Assembly brings together North America’s most prominent technology and business leaders from all major industries. CIOs know there is an explosion of information driving the digital enterprise. Understanding the convergence of mobile, social, and cloud is critical for organizations looking to create opportunities and stay ahead of the competition. It is this convergence that will be the foundation of the new digital world.

This is not just another “Digital IT” event. Spaces are reserved for the best in the business. Enquire about attendance here!

ABOUT TRANSFORMATIONAL CISO ASSEMBLY

The Millennium Alliance is thrilled to present our biannual Transformational CISO Assembly, taking place this year on June 22-23, at The Camby in Phoenix, AZ.

In a new digital world, driven by data, businesses of all sizes are working tirelessly to secure their networks, devices, and of course, their data. Fortune 500 organizations are especially vulnerable as they have big data pools and thousands of people who need access. CISOs need to plan for worst-case scenarios, stay ahead of latest IT Security transformation technology, and maintain their company’s information assets, all without losing sight of the corporate culture.

This is not just another “IT Security” event. If you are the Chief Information Security Officer, Chief Information Officer, Chief Security Officer, Chief Risk Officer or the Chief Privacy Officer, then you should be attending this event. Spaces are reserved for the best in the business. Enquire about attendance here!

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