Medicare hospital fund reserves likely to be exhausted in 2026: U.S. report

Reuters | April 22, 2019

Medicare’s hospital insurance fund will be depleted in 2026, as previously forecast, and Social Security program costs are likely to exceed total income in 2020 for the first time since 1982, according to a government report released on Monday. The report from the board of trustees for Social Security and Medicare also projected that Social Security funds could be depleted by 2035, leading to potential reductions in expected payouts to retirees and other beneficiaries. U.S. healthcare costs are expected to be a hot topic during the 2020 presidential campaign, with uncertainty around possible cost-cutting solutions already weighing on healthcare stocks this year.

Spotlight

The Tri-Counties Regional Center (Tri-Counties) in Santa Barbara, Calif., connects nearly 13,000 disabled citizens with essential resources to enhance their quality of life. With service as the core value, Tri-Counties needed a more efficient document management process to automate and streamline manual, paper-intensive workflows to better serve their clients. CIO Dominic Namnath summed it up: “The faster we can get patients through the sign-in process and required paperwork, the sooner they can receive vital services and needed care. That’s a huge impact we can have on a person’s life.”

Spotlight

The Tri-Counties Regional Center (Tri-Counties) in Santa Barbara, Calif., connects nearly 13,000 disabled citizens with essential resources to enhance their quality of life. With service as the core value, Tri-Counties needed a more efficient document management process to automate and streamline manual, paper-intensive workflows to better serve their clients. CIO Dominic Namnath summed it up: “The faster we can get patients through the sign-in process and required paperwork, the sooner they can receive vital services and needed care. That’s a huge impact we can have on a person’s life.”

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GOVERNMENT BUSINESS

SuperCom Secured a New GPS Monitoring Contract in California

SuperCom | December 07, 2020

SuperCom a worldwide supplier of made sure about answers for the e-Government, IoT and Cybersecurity areas , reported today that it has made sure about another GPS monitoring contract in California. The contracting office is a privately owned business serving the legal administrations market. The contract is for SuperCom's PureTrack cell phone GPS following items and is organized as a for every unit for each day rent model, with charging toward the finish of every month. "With every new win, we become more confident in our business plan, our proprietary technology offering and our ability to add value in places where others cannot," stated Ordan Trabelsi, President of the Americas. "When new customers move over to our platform, they have concluded that the multitude of benefits they will receive simply outweigh the investment and risk inherent in such a change." "We designed our products with new ideas on how to best serve the offender monitoring market. From the field based offender hardware to the backend monitoring software, we have implemented fresh and viable concepts that are being recognized through each new contract. And with each new contract, we expect an increase in our long-term recurring revenues and our global footprint in this market," concluded Ordan. SuperCom's PureSecurity Suite is a best-of-breed electronic monitoring and following stage, which contains a complete arrangement of inventive highlights, including PDA combination, secure correspondence, progressed security, against alter components, finger impression biometrics, voice correspondence, one of a kind touch screens and expanded battery life. About SuperCom Since 1988, SuperCom has been a global provider of traditional and digital identity solutions, providing advanced safety, identification and security solutions to governments and organizations, both private and public, throughout the world. Through its proprietary e-Government platforms and innovative solutions for traditional and biometrics enrollment, personalization, issuance and border control services, SuperCom has inspired governments and national agencies to design and issue secure Multi-ID documents and robust digital identity solutions to its citizens and visitors. SuperCom offers a unique all-in-one field-proven RFID & mobile technology and product suite, accompanied by advanced complementary services for various industries including healthcare and homecare, security and safety, community public safety, law enforcement, electronic monitoring, livestock monitoring, and building and access automation.

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GOVERNMENT BUSINESS

Deloitte Acquires Sentek Global's Business to Expand Systems Engineering to Support U.S. Navy, Additional Military Branches and Federal Agencies

Deloitte | July 27, 2021

Deloitte said today that it has acquired almost all of the assets of Sentek Consulting, Inc., a San Diego-based systems engineering and cybersecurity company that mainly serves the United States Navy. "The acquisition of Sentek Global's business will strengthen Deloitte's existing presence in San Diego while also expanding our current mission-focused systems engineering capabilities and cyber offerings to other military branches and federal agencies," said Mike Canning, US Government & Public Services Industry leader and principal, Deloitte Consulting LLP. Deloitte's Defense, Security, and Justice sector head and principal, Deloitte Consulting LLP, Heather Reilly, said, "Deloitte is committed to providing mission-relevant, complex, and technology-enabled engineering, analytics, and transformation solutions to our Department of Defense customers (DoD). Sentek Global's skills complement our complement of experienced system engineering and cybersecurity experts, enhancing DoD's ability to accelerate engineering and acquisition procedures to guarantee effective and reliable systems for our warfighters. It also allows us to welcome Sentek Global professionals who have previously served in the armed forces into our veteran workforce." Mark Nace, principal of Deloitte & Touche LLP and Government & Public Services leader for the Cyber & Strategic Risk practice at Deloitte Risk & Financial Advisory, stated, "As cyber threats to all organizations, particularly U.S. federal agencies, increase and become more complex, we are investing to assist our clients in preventing, detecting, and minimizing those emerging threats. We can now do so due to the inclusion of Sentek Global's capabilities." Sentek Global provides program management and integrated logistics services in addition to systems engineering and cybersecurity to the Defense, Security, and Justice sectors. Sentek Global's CEO and founder, Eric Basu, said, "Sentek Global and Deloitte share many values, not the least of which is the provision of high-quality services and solutions to government agencies. We are partnering with Deloitte to assist our government clients in addressing complex systems engineering and cybersecurity issues, as well as to accelerate the scaling of our services for defense, security, and justice sector organizations."

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EMERGING TECHNOLOGY

Noblis Launches RunAcquisitions™ Solution to Help Federal Agencies Streamline Acquisition and Contract Management Processes

Noblis | August 24, 2021

Noblis, Inc., a leading provider of science, technology and strategy services to the federal government, today announced the launch of its RunAcquisitions solution designed to drive efficiencies and ensure compliance and fidelity throughout the federal acquisition process for both agencies and vendors. This is the second offering announced within Noblis' Run solutions suite designed to provide solutions that will help government agencies and clients employ automation and analytics to streamline complex workflows, expedite and improve decision making and achieve broader IT modernization goals. "Source selection and contract management can be a challenging and long-running process. It is too often conducted across multiple disjointed platforms, while also having to frequently face security threats and risks of protests," said Mile Corrigan, senior vice president, Noblis' Federal Civil Solutions. "Paired with Noblis' decades-long expertise in secure source selections and contract management, RunAcquisitions is designed to meet the unique needs we're seeing from our federal clients looking to standardize complex acquisition processes." RunAcquisitions, the modernized version of Noblis' acquisition suite successfully used in more than $450 billion in government programs, secures and manages vendor and government interactions across all aspects of the acquisition lifecycle, from requests for industry input through contract award and management and task-order closeout. RunAcquisitions is scalable to manage large, governmentwide contracts and provide automation tools to drive defensible awards and expedite contract modification and deliverable reviews. The solution has three offerings that meet FISMA-Moderate security requirements while assisting clients to control data through role-based access. These offerings include: RunAcquisitions Solicitation Management - Provides a solution for handling vendor proposals and managing all elements and data for evaluation submissions, including structured documentation, collaborative evaluations, with a secured repository, structured communication portals and automated pricing-evaluation tools. RunAcquisitions Contract Management - Utilizing automation to streamline the integrity of contract modifications and deliverables, this offering supplies a solution for tracking files and discussions, automating workflows, flexibly collecting data and managing contracts in a highly secure, compliant, timely and accurate manner with the solution's error-checking tools. RunAcquisitions Secure Environments - When a sequestered environment is required, this offering features multiple location support options, including virtual, physical and agency on-site resources, workstations, staff, security and office space. About the Run with Noblis Solutions Suite The Run with Noblis solutions suite addresses the evolving needs of federal agencies with the speed, performance and scale of digital solutions that create insights, automate workflows, streamline processes and drive greater outcomes. Learn more at noblis.org/run. About Noblis Noblis is a dynamic science, technology and strategy organization dedicated to creating forward-thinking technical and advisory solutions in the public interest. We bring the best of scientific thought, management and engineering expertise together in an environment of independence and objectivity to deliver enduring impact on federal missions. Noblis works with a wide range of government clients in the defense, intelligence, homeland security, law enforcement and federal civil sectors. Together with our subsidiaries, we tackle the nation's toughest problems and apply advanced solutions to our clients' most critical missions.

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