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

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.

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Emerging Technology, Government Finance

True Elements and Carahsoft Partner to Bring Water Intelligence Solutions to the Public Sector

PR Newswire | January 04, 2024

True Elements, the leader in Water Intelligence, and Carahsoft Technology Corp., The Trusted Government IT Solutions Provider®, today announced a partnership. Under the agreement, Carahsoft will serve as True Elements' Master Government Aggregator®, making the company's industry-leading Water Intelligence SaaS solutions and data sets available to the Public Sector through Carahsoft's reseller partners and NASA Solutions for Enterprise-Wide Procurement (SEWP) V, National Cooperative Purchasing Alliance (NCPA) and OMNIA Partners contracts. "The partnership with Carahsoft will provide Water Intelligence to Public Sector agencies, enabling them to better understand current water challenges and effectively prepare for a very different water future," said Kim Patrick Kobza, CEO of True Elements. "The key is to provide agencies with dynamic workflow solutions that are cost effective and easy to procure so they can succeed in assessing the present and forecasting the future. With Carahsoft as a partner, we can accomplish our mission to ensure all agencies have the best decision support available when responding to rapidly changing climate conditions." The Value of Water Intelligence Water Intelligence is a unique combination of state-of-the-art technology, scientific analysis and AI capabilities that continuously aggregates, synthesizes and transforms expansive amounts of complex water data into easily understandable, increasingly precise analyses and forecasts via scores and visualizations. These analyses and forecasts produce deep, clear insights that help decision-makers better understand water resources to make fully informed decisions about how to manage and optimize resources. Water Intelligence Helps Public Sector Leaders Ensure a Water-Resilient Future Changing weather patterns are creating climate crises across the globe. Ninety percent of those crises are experienced through water. True Elements' SaaS solutions and data sets quickly and easily provide Public Sector leaders with in-depth insights necessary for fully informed, confident decision-making to address water challenges at the local, regional and national levels. Insights into current water quality and quantity challenges (pollution, demographic considerations, etc.) as well as future disruptive events or long-term changes to water resources (drought, sea level rise, flood risk, etc.) help Government leaders make the strategic decisions necessary to ensure their organizations, assets, operations and communities can adapt and thrive in a climate with rapidly changing hydrologic cycles. True Elements' Water Intelligence platform easily, efficiently and cost-effectively delivers the understanding decision makers need with color coded scores and visualizations. "The Public Sector is currently facing water-related challenges that are expected to increase in number and severity if left unaddressed," said Harjeet Khalsa, Sales Director, Google ISV Ecosystem at Carahsoft. "Through collaboration with our reseller partners and the addition of True Elements' Water Intelligence solutions to our offerings, Government agencies are empowered to procure the resources necessary to proactively address existing water related challenges and work toward a water-resilient future." True Elements, integrated within Google Cloud Marketplace, is now available through Carahsoft and Google's partner ecosystem. This collaboration simplifies procurement for Government agencies, granting seamless access to their Water Intelligence solutions powered by Google's robust infrastructure, ensuring efficient decision-making tools for addressing water challenges. About True Elements True Elements provides the deep, clear Water Intelligence leaders need to clarify water complexity and make accurate, effective decisions to address their current and future water challenges. True Elements applies a sophisticated, scientific and AI lens to multiple layers of disparate watershed data, producing reliable analysis, forecasting, and holistic insights into watershed dynamics. True Elements' Water Intelligence platform delivers insights through a fast, easy, cost-effective process and provides color-coded scores and visualizations that ensure clear understanding and communication to drive action. About Carahsoft Carahsoft Technology Corp. is The Trusted Government IT Solutions Provider, supporting Public Sector organizations across Federal, State and Local Government agencies and Education and Healthcare markets. As the Master Government Aggregator for our vendor partners, we deliver solutions for Geospatial, Cybersecurity, MultiCloud, DevSecOps, Big Data, Artificial Intelligence, Open Source, Customer Experience and Engagement and more. Working with resellers, systems integrators and consultants, our sales and marketing teams provide industry leading IT products, services and training through hundreds of contract vehicles.

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Emerging Technology

Thentia now working with AWS to drive innovation in the public sector

PR Newswire | January 20, 2024

Thentia, a leading innovator in regulatory technology, is pleased to announce that it is now working with Amazon Web Services (AWS) to drive continued innovation in the public sector. Thentia is empowering regulators to seamlessly tap into the company's comprehensive regulatory assurance Software-as-a-Service (SaaS) platform, Thentia Cloud, powered by AWS, fortifying the landscape of regulatory oversight. "We are thrilled to be working with AWS as we persist in our commitment to deliver an enhanced experience for government agencies and regulatory entities globally." says Julian Cardarelli, CEO, Thentia. "By leveraging the power of AWS, we solidify our position as a clear leader and a versatile multi-cloud provider in our category, affirming our commitment to ongoing excellence." Cardarelli adds, "With our world-class, fully integrated regulatory assurance platform now accessible on AWS, we strengthen our commitment to empower the public sector with sophisticated tools for unparalleled efficiency in fulfilling their mandate of public protection." Other key benefits of Thentia's relationship with AWS include working with AWS engineers and architects to optimize Thentia Cloud's performance, security, compliance, and reliability. Partnering with AWS also helps ensure that Thentia Cloud remains at the forefront of the latest advances in cloud computing. Designed for regulators by regulators, Thentia Cloud digitizes, streamlines, and consolidates all essential regulatory functions within a single and secure cloud-based environment. The platform is designed to empower regulators with a comprehensive 360-degree view of all licensee activities, giving them a much more modern, streamlined, and efficient way to work and ultimately meet their regulatory obligation to safeguard the public. Trusted by millions of licensed professionals, businesses, and entities globally, Thentia has been recognized by regulators worldwide for its enhanced blend of technological innovation and regulatory proficiency. In addition to AWS, Thentia Cloud is available on other cloud providers including Google Cloud, IBM Cloud, and Microsoft Azure. About Thentia Thoughtfully built for regulators, by regulators, Thentia is driving regulatory transformation for hundreds of regulators and regulatory agencies worldwide with a platform that handles all key department functions including licensing, investigations, enforcement, fitness to practise, quality assurance, scope of practise, continuing education, board management, data analysis, and more. Thentia Cloud empowers regulators to transcend the constraints of legacy processes, custom-built solutions, and a web of disparate applications with a single unified 360-degree platform, setting new standards in efficiency and effectiveness. Thentia Cloud is available on all major cloud providers, including Google Cloud, Amazon Web Services (AWS), IBM Cloud, and Microsoft Azure.

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Government Business

Kratos & Rancher Gov Solutions Partner for Easy Deployment of Virtual Ground Systems with OpenSpace

GlobeNewswire | January 05, 2024

Kratos Defense & Security Solutions, Inc., a technology company in Defense, National Security and Global Markets and Rancher Government Solutions (RGS), the leading provider of enterprise Kubernetes management solutions to the U.S. Government, announced today a strategic partnership to enable customers to seamlessly deploy and scale virtual ground systems using Kratos’ software-based OpenSpace® Platform. With increasingly complex and dynamic satcom and Earth Observation missions, satellite operators and government agencies are transitioning from fixed and proprietary hardware to flexible and scalable generic compute-based cloud environments. This enables a virtualized and software-defined ground system like Kratos OpenSpace Platform to more cost effectively and securely support multiple missions simultaneously, deliver services faster and streamline operations. Today, customers leverage a range of computing environments from bare metal, virtual machines to the cloud, making the deployment of software-based ground systems more complex and time consuming. Working together, Kratos and Rancher Government Solutions have enhanced the ability of the OpenSpace Platform, the first commercially available, fully virtualized and software-defined satellite ground system to be deployed more easily across customer environments. “With Rancher, the OpenSpace Platform deploys its virtual functions including modems, channelizers, combiners, and more, as Kubernetes-based containerized software applications that act as independent and portable computing environments that can run and scale on any infrastructure,” said Brandon Gulla, Chief Technology Officer at RGS. “We are proud to be working with Kratos to support this truly transformational platform that will free satellite operators from proprietary hardware architectures and move to software-defined, flexible and extensible virtual platforms.” By the nature of it being software-defined and containerized, the OpenSpace Platform is already much faster, and more flexible to deploy than traditional hardware-based satellite ground systems. As customer demands grow, the software-based OpenSpace Platform can reconfigure on the fly and deploy new services automatically and cost effectively in minutes. Software containers can be spun up and down and scaled on demand elastically using a single management interface from the Rancher Platform. “Rancher serves as the Kubernetes management technology that supports the OpenSpace Platform’s ability to automate the deployment, scaling, and management of our containerized workloads,” said Anthony Semiao, Chief Solutions Architect of the OpenSpace Platform. “The combined technologies support hybrid and multi-cloud environments enabling OpenSpace customers to run in the data center and cloud environment of their choice such as Google, Amazon or Microsoft and to easily switch from one cloud provider to another.” About Kratos OpenSpace Kratos’ OpenSpace family of solutions enables the digital transformation of satellite ground systems to become a more dynamic and powerful part of the space network. OpenSpace® is the industry’s only commercially available digital transformation solution that enables operators of satellites, Ground Systems-as-a-Service (GSaaS) providers, teleports and others in the satellite services supply chain to capitalize on dynamic ground capabilities. The OpenSpace family consists of three product lines: OpenSpace SpectralNet for converting satellite RF signals to be used in digital environments; OpenSpace quantum products, which are virtual versions of traditional hardware components; and the OpenSpace Platform, the first commercially available, fully orchestrated, software-defined ground system. These three OpenSpace lines enable satellite operators and other service providers to implement digital operations at their own pace and in ways that meet their unique mission goals and business models. About Kratos Defense & Security Solutions Kratos Defense & Security Solutions, Inc. is a technology, products, system and software company addressing the defense, national security, and commercial markets. Kratos makes true internally funded research, development, capital and other investments, to rapidly develop, produce and field solutions that address our customers’ mission critical needs and requirements. At Kratos, affordability is a technology, and we utilize proven, leading edge approaches and technology, not unproven bleeding edge approaches or technology, with Kratos’ approach reducing cost, schedule and risk, and enabling us to be first to market with cost effective solutions. Kratos is known as the innovative disruptive change agent in the industry, a company that is an expert in designing products and systems up front for successful rapid, large quantity, low cost future manufacturing and as a competitive differentiator to our large traditional prime system integrator partners and also to our government and commercial customers. Kratos’ primary business areas include, virtualized ground systems for satellites and space vehicles including software for command & control (C2) and telemetry, tracking and control (TT&C), jet powered unmanned aerial drone systems, hypersonic vehicles and rocket systems, propulsion systems for drones, missiles, loitering munitions, supersonic systems, space craft and launch systems, C5ISR and microwave electronic products for missile, radar, missile defense, space, satellite, counter UAS, directed energy, communication and other systems, and virtual & augmented reality training systems for the warfighter. About Ranger Rancher Government Solutions (RGS) is specifically designed to address the unique security and operational needs of the U.S. Government and military as it relates to application modernization, containers, and Kubernetes. Rancher is a complete open source software stack for teams adopting containers. It addresses the operational and security challenges of managing multiple Kubernetes clusters at scale, while providing DevOps teams with integrated tools for running containerized workloads. RGS supports all Rancher products with U.S. based American citizens who are currently supporting programs across the Department of Defense, Intelligence Community, and civilian agencies.

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