47Billion Blog
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Get to know the latest news on current trends in the IT sector, data analytics and development services in the blog section. 47Billion are product engineering services company that specializes in end-to-end product development.
47Billion Blog
1w ago
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The post ESG Roadmap to Socially Responsible Organization appeared first on 47billion.com ..read more
47Billion Blog
2w ago
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The post ESG Impact on Manufacturing Industry appeared first on 47billion.com ..read more
47Billion Blog
2w ago
The 340B Program presents substantial financial advantages for eligible healthcare institutions, potentially saving millions in prescription reimbursements. Despite this potential windfall, adherence to program regulations is paramount for maximizing benefits. Statistics indicate that hospitals participating in the program can save up to 20-50% on drug costs, with some institutions reporting annual savings exceeding $10 million.
However, compliance challenges persist, with research showing that 30% of 340B-covered entities face audit findings due to non-compliance issues. To harnes ..read more
47Billion Blog
3w ago
The 340B Drug Pricing Program presents substantial financial advantages for eligible healthcare institutions, potentially saving millions in prescription reimbursements. Despite this potential windfall, adherence to program regulations is paramount for maximizing benefits. Statistics indicate that hospitals participating in the program can save up to 20-50% on drug costs, with some institutions reporting annual savings exceeding $10 million.
However, compliance challenges persist, with research showing that 30% of 340B-covered entities face audit findings due to non-compliance issu ..read more
47Billion Blog
3w ago
UXUI Trends 2024 | 47Billion
The landscape of user interface and experience design is once again undergoing a transformative shift. The challenges we face such as balancing aesthetics with functionality, adapting to ever-changing user behaviors, and meeting the demands of an increasingly sophisticated audience – are more pressing than ever.
Here, we will be discussing the new trends that may bring transformation in the industry.
Check whether you have considered them till now or not.
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The post UXUI Trends 2024 appeared first on 47bil ..read more
47Billion Blog
1M ago
Securing a competitive edge requires action now, as upstarts are challenging the old guard at every stage. In this evolving scenario, survival requires prioritization of necessary ESG(Environmental, Social, and Governance) reporting measures. Over this decade, we have seen investments in ESG research and development.
As awareness increases and regulations tighten, companies strive to identify competitive differentiators, and business goals extend beyond ESG regulations. Sustainability challenges have become business imperatives. Focusing on them enables a different approach towards busin ..read more
47Billion Blog
1M ago
In the complex landscape of healthcare, where every decision directly impacts patient care and financial sustainability, adherence to regulatory standards is non-negotiable. For entities participating in the 340B Drug Pricing Program, the stakes are exceptionally high. As of 2023, over 12,000 covered entities are enrolled in the 340B program, serving approximately 10 million patients annually.
Collectively, these entities save billions of dollars each year, contributing significantly to the accessibility and affordability of medications for underserved populations. Amidst these crucial ..read more
47Billion Blog
1M ago
Building a system that lets companies map, visualize, and optimize their business processes in real-time is a formidable technical challenge.
Data teams are critical to the success of today’s data-driven organizations. Which are made up of engineers, analysts, and data scientists.
These teams work on a range of functions that allow data optimization by all users whether internal or external. However, the dynamic nature of data means this responsibility is going to flow slowly. Today these teams encounter a multitude of challenges that can exhibit both their day-to-day operations a ..read more
47Billion Blog
1M ago
What are the most significant roadblocks for healthcare organizations participating in the 340B program?
As per a study, more than 60 healthcare providers are participating in the 340B drug pricing program. In this increasingly digitized landscape, the 340B journey means more than eligible prescription identification, dispensing, maintaining compliance, and realizing savings. When these companies participate in the 340B program, they do so by keeping the following things in mind – extending scarce federal resources as far as possible, reaching the more eligible patients, and providing more eff ..read more
47Billion Blog
2M ago
As the global AI market propels towards a projected $190.61 billion by 2025, the influence of next-generation tools like ChatGPT extends widely. While ChatGPT holds transformative potential, it’s crucial to understand that data analytics goes beyond creating visualizations. It involves tasks beyond routine identification of sources and structure definition, encompassing activities such as comprehending business complexities, creatively navigating through data noise, managing large datasets, and promoting collaborative teamwork.
In the expanding domain of data analytics, limitations ..read more