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With the exponential rise in claims costs and unprecedented levels of underwriting losses during these challenging times, the need for value maximization, resourceoptimization, and achieving agility and scalability has become increasingly urgent. However, carriers are embracing the change to become risk mitigators.
Outsourcing of IT Services allows businesses the opportunity for scalability and resourceoptimization, besides helping to leverage expertise that facilitates meeting regulations related to security and compliance. 2023 Global Shared Services and Outsourcing Survey 2. References 1.
As we step into 2023-2024, it becomes crucial for CFOs to stay ahead of the curve by embracing emerging trends and understanding the shifting priorities that will shape the financial landscape. This promotes transparency, efficiency, and cross-functional alignment, leading to more effective decision-making and resourceoptimization.
From clinical decision support and real-time intelligence to operational excellence and resourceoptimization, GenAI can unlock previously unattainable levels of efficiency, accuracy, and personalization. Ensuring useful adoption of generative artificial intelligence in healthcare. link] Lan, G., Wen, J., & Xi, M.
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