UpMarket Private Market Investing Logo
UpMarket's mission is to unlock the private markets for individual investors. Our proprietary technology enables seamless investment-to-exit management for a myriad of alternative asset classes and private-market opportunities.
UpMarket, an alternative asset investment platform that helps individual investors build more diversified portfolios by tapping into private markets, announced a significant transaction milestone along with an update to its investment management technology that enables private-market investments to be managed digitally across their entire lifecycle, from investment through reporting and exit.
Classic Models of Diversification Are Not Delivering Expected Results
Recent market stress has challenged traditional concepts of diversification, especially the 60/40 portfolio which, according to Bloomberg, "is down 20% this year [and], a hair away from topping 2008 as the worst year ever." With the classic bond/equity portfolio underperforming, institutional investment in "private markets is cushioning many of the world's largest investors from the wreckage wrought by runaway inflation and spiraling interest rates." While professional and institutional investors can easily tap into private markets to find diversification and uncorrelated asset classes, individual investors have had limited access.
Private Markets Remain Largely Untapped by Individual Investors
With significant minimum investment amounts, complicated legal structures, difficulty around reporting and administration, and a general lack of access, retail investors have been largely excluded from participating in the private-market boom.
UpMarket founder Grace Chen shared, "Institutional investors have the access and ability to deploy billions into alternative investment strategies. I started UpMarket to provide similar access for accredited individual investors, empowering them to allocate capital to a curated selection of hedge funds, private equity, pre-IPO companies, and other alternative investments." Chen added, "Along with providing diversified investment opportunities, our goal is to help investors learn more about alternatives through regular educational content, including webinars where they can hear directly from professional managers about the markets they operate in and the trends they are seeing."
Viewing diversification as the bedrock principle of any long-term investment strategy, Chen explained, "Private markets are flush with opportunities — the opportunity to invest in uncorrelated asset classes, to partner with professional money managers who have unique expertise and compelling track records, to acquire companies long before IPO, and to purchase assets at a significant discount in times of stress. Now with UpMarket, those opportunities are much more accessible."
That increased accessibility and the attractiveness of private-market opportunities are key reasons why investors have deployed over $125 million through the UpMarket platform.
Empowering Individual Investors With Technology
Along with providing compelling investment opportunities, UpMarket has invested heavily in its platform to make managing a private investment seamless across an investment's entire lifecycle. With UpMarket's technology, the subscription, reporting, administration, and distribution of assets related to a private investment can now be handled entirely through the UpMarket website.
Peter Wang, UpMarket's Chief Technology Officer, explained, "We looked at the private investment process and built from first principles a solution to make private investing as easy as possible. We removed the pen-and-paper signature process. Now everything related to a private-market investment has a single source of truth — it means no more searching for expired DocuSign emails, investment documents or needing to call someone to know the status of an investment. There are many great user experiences for public-market investing. We are bringing that same level of innovation to the private markets."
Investors looking to access alternative asset classes and private-market opportunities can learn more at www.upmarket.co/.
About UpMarket
UpMarket's mission is to unlock the private markets for individual investors. Our proprietary technology enables seamless investment-to-exit management for a myriad of alternative investments including pre-IPOs, hedge funds, real estate, private equity, venture funds, and other asset classes. Founded in 2019, UpMarket has helped investors deploy over $125 million into private markets.
Contact Information:
Mike Ivancie
Head of Marketing
mike.ivancie@upmarket.co
888-248-7658
Press Release Service by Newswire.com
Original Source: UpMarket's Seamless Private Investment Technology Helps Investors Move Over $125 Million Into Alternative Asset Classes
AUSTIN, Texas - November 9, 2022 - (Newswire.com)
Leading enterprise AI software provider Iodine Software today announced a national study of clinical documentation improvement (CDI) leaders that uncovers a number of key insights about how they view their roles and define CDI program success. The survey was conducted by the Association of Clinical Documentation Integrity Specialists (ACDIS) and sponsored by Iodine Software.
CDI programs are a critical component of every healthcare system's revenue-cycle team, where clinical resources review medical record documentation for completeness and accuracy.
Accurate and complete documentation is proven to increase earned reimbursement and reduce compliance risks for healthcare systems. If the clinical documentation is incomplete or unclear, CDI specialists query the provider prior to final claim submission to ensure accurate and complete billing, reducing costly and cumbersome issues that can arise during claims adjudication.
Given the ongoing revenue challenges presented by COVID-19 and other market forces, the study was conducted to understand how to best support CDI leaders as they manage their teams.
The 2022 ACDIS CDI Leadership Council CDI Programmatics survey, which included surveys of 222 CDI leaders, found that nearly all CDI leaders (91%) track financial impact as a measure of departmental success, followed by 68% who use severity of illness (SOI) / risk of mortality (ROM) impact, and 53% who consider the observed-to-expected mortality rate. An additional 28% think observed-to-expected patient length of stay is an important metric that demonstrates CDI program success.
Additional key findings in the study include:
Measuring the Effectiveness of CDI Programs
According to the study, the four most-popular measures that identify CDI program effectiveness are:
- query rate (81%)
- response rate (79%)
- review rate (77%)
- agreement rate (68%)
Most CDI Leaders Feel Valued - But Not All
Eighty-four percent (84%) of CDI leaders report that their program is valued internally by their hospital administrations; however, approximately one in 10 felt undervalued (~11%). In a recent virtual panel discussion, CDI leaders discussed why communicating the value of the CDI team is important. Additionally, these leaders indicated a need to support the CDI team by providing personal feedback to individual team members and department score cards that highlight achieved outcomes.
Optimizing Performance: CDI Leaders' Challenges to Achieving Top Performance
Respondents to the ACDIS survey reported that the biggest barrier to their CDI team reaching peak performance is a lack of staffing resources (36%), followed by physician engagement challenges (22%) and a lack of technology resources (18%). An additional 9% felt that organization priorities are not aligned properly.
Staffing challenges have persisted in the CDI profession, as workforce shortages, budget gaps and fierce competition for talent continue to plague the industry. Physician engagement also has historically been a challenge for CDI, because stretched providers often experience significant administrative burdens that result in frustration and burnout. In recent years, physician query and AI-driven CDI tool platforms have played central roles in supporting CDI team performance to drive greater efficiency, reduce workload and drive provider engagement.
Supporting CDI to Work More Efficiently: What CDI Duties Are Most Cumbersome?
While CDI is critical to the financial health of every healthcare system, the role can include extremely tedious tasks that contribute to CDI burnout. In the ACDIS leadership survey, CDI leaders outlined what aspects of the workflow they would eliminate if they could. The number-one responsibility named varied greatly and included, in order:
- 49%: Wasting time reviewing cases without opportunity
- 20%: Tracking down physician responses
- 9%: Working DRG predictions
To help reduce the burdens presented by these and other listed duties, many CDI leaders are implementing in-house and third-party technology solutions that better engage providers and identify a prioritized worklist of cases to review. These CDI tools also leverage new technology that automates and augments clinical human resources and are becoming increasingly important as more work is performed virtually instead of within hospital walls.
"Based on our experience working with nearly 1,000 of the top hospitals in the U.S., Iodine Software deeply understands the market forces affecting the CDI industry, so we know they are under pressure to work more efficiently and capture more earned revenue for a hospital's bottom line," said Iodine Software Co-founder and CEO William Chan. "This study reinforces the need for AI-backed solutions that augment the great work that CDI specialists perform every day."
ACDIS discussed the study's findings with participants from dozens of provider organizations in September. The full report also is available to download.
About Iodine Software
Iodine is an enterprise AI company that is championing a radical rethink of how to create value for healthcare professionals, leaders, and their organizations: automating complex clinical tasks, generating insights and empowering intelligent care. Iodine's powerful predictive engine complements the skills and judgment of healthcare professionals by interpreting raw clinical data to generate real-time, highly focused, predictive insights that clinicians and hospital administrators can leverage to dramatically augment the management of care delivery - facilitating critical decisions, scaling clinical workforces through automation, and improving the financial position of health systems. For more information, please visit iodinesoftware.com.
PR Contact:
press@iodinesoftware.com
Contact Information:
Amanda Wratchford
VP of Marketing
awratchford@iodinesoftware.com
9042522156
Press Release Service by Newswire.com
Original Source: National Study of Clinical Documentation Improvement Leaders Finds Measuring Financial Impact for Their Provider Organization is Most Important Metric of Success
Chike Mocha Mint Protein Iced Coffee
20g of whey protein, 2 shots of real espresso, only 1 gram of sugar.
Many say it's 'the most wonderful time of the year' and Chike Nutrition customers would have to agree. Chike Nutrition is ringing in the holidays and bringing cheer with the return of their most popular and requested seasonal flavor, Chike Mocha Mint Protein Iced Coffee. Although Chike Mocha Mint Protein Iced Coffee is available online starting Nov. 8 and in over 500 locations nationwide, it is sure to sell out quickly.
This flavor is refreshing, balanced and has a true chocolate mint flavor reminding you of that cookie in a silver sleeve. The smell of smooth mint hits first, followed by sweet chocolate notes with mint to balance, and a mid-level sweetness finish. Better yet, each serving is packed with 20 grams of non-GMO whey protein, 150mg of caffeine, and only 1 gram of sugar and 110 calories. A truly healthy option that doesn't compromise on taste.
A verified purchaser from last year named Heidi left a 5-star review stating, "This is the best flavor I've ever had. I need to stock up on 10 more bags since it's a limited edition flavor!!! I love it!!!!" Clearly, Chike Nutrition's customers are obsessed with Chike Mocha Mint Protein Iced Coffee.
Chike Mocha Mint Protein Iced Coffee takes the place of your sugary drive-thru coffee and is the ideal breakfast booster, healthy snack, or afternoon pick me-up. If you're looking for extra holiday cheer, adding Chike Mocha Mint protein coffee powder into recipes easily enhances delicious treats, making them a healthier choice.
"There's an extra layer of excitement from our customers this holiday season because of the return of our Chike Mocha Mint Protein Iced Coffee. We launched this seasonal flavor for the first time last year and we couldn't keep up with the demand. Since then, our customers have constantly made requests for it to be a permanent flavor, so much so that we made extra this year! Don't let an iced coffee drink during the cold weather keep you from trying Chike Mocha Mint Protein Iced Coffee. Grab a bag (or two) while you can and see what all of the hype is about. You won't be disappointed!", said Mac Mascorro, Brand Manager of Chike Nutrition.
It's time to put on your mittens and try this seasonal Protein Iced Coffee that is sure to bring you cheer!
###
About Chike Nutrition
Chike Nutrition is based in Abilene, Texas and proudly manufactures and produces all nine (and counting!) of their current flavors, ensuring the quality and consistency that Chike Nutrition demands in their products. You can find all of the flavors on Chike Nutrition's website and can follow new recipes, flavor launches, and more on Instagram and Pinterest. Learn more about Chike in their overview video.
Contact Information:
Mac Mascorro
Brand Manager
mac@ilikechike.com
Press Release Service by Newswire.com
Original Source: Chike Nutrition is Adding to 'The Most Wonderful Time of the Year'
