Why healthcare LLMs should address clinical quality measures
Large language models can provide a big boost here for providers, says the CEO of Medicomp. But algorithms should be trained on hierarchical condition categories for risk adjustment – and challenges with data quality and bias need addressing.
Federal Reserve Lifts Enforcement Action on FTX-Linked Farmington Bank
The Federal Reserve has terminated its enforcement action against Farmington State Bank, linked to the collapsed crypto exchange FTX, marking the bank’s shift away from operations and reinforcing depositor protection efforts. (Read More)
Montefiore settles with OCR for $4.75M over stolen ePHI
A decade ago, malicious insiders sold patient health data to an identity theft crime ring and put the non-profit provider into a HIPAA investigation. OCR reminds health systems that they have a giant target – no matter their size or stature.
SEC Delays Decision on Invesco-Galaxy Digital’s Ether ETF
The SEC has extended the review period for Invesco and Galaxy Digital’s Ether ETF, potentially extending it for up to 240 days, allowing for public commentary. (Read More)
DCG Challenges Genesis Capital’s Bankruptcy Plan for Overcompensation
DCG opposes Genesis Global Capital’s bankruptcy plan, citing legal violations and ethical concerns over asset valuation and creditor compensation in the volatile crypto market. (Read More)
UK Invests 100M Pound in AI: Pioneering Healthcare Innovation and Regulatory Frameworks
The UK government announces a £100 million investment to establish AI research hubs and enhance regulatory frameworks, focusing on healthcare, chemistry, and mathematics, alongside global partnerships for responsible AI practices. (Read More)
UK Extends Stablecoin Regulation Consultation Period, Seeks Inclusive Feedback
The Bank of England and the Financial Conduct Authority have extended the feedback deadline for stablecoin regulation to February 12, aiming for a comprehensive, inclusive regulatory framework. (Read More)
SEC Enacts New Registration Mandate for Key Market Players to Bolster Oversight
The SEC introduced new rules requiring liquidity providers to register as dealers or government securities dealers in February 2024, aiming to improve market stability and transparency. (Read More)
Decentralized Social Networking Bluesky Launches to Public
Bluesky, a decentralized social media platform, has opened to the public with over 3 million users, introducing the AT Protocol for seamless app migration and user autonomy. (Read More)
MicroStrategy’s Bitcoin Holdings Reach 190,000 Amid Q4 Financials
MicroStrategy, the world’s foremost corporate bitcoin holder, bolstered its holdings by 31,755 bitcoins in Q4 2023, reaching 190,000 BTC despite a revenue dip. The move underscores a strategic pivot towards digital assets amid fluctuating tech and financial landscapes. (Read More)