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Codoxo Announces Record-Breaking First Half Results for 2024

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Healthcare AI company achieves exceptional revenue growth delivering bottom-line savings for health payers, demonstrating market demand for AI-powered cost containment and payment integrity solutions

DULUTH, Ga., Sept. 4, 2024 /PRNewswire-PRWeb/ — Codoxo, the leading provider of artificial intelligence solutions in payment integrity and cost containment for healthcare payers, government agencies and pharmacy benefit managers (PBMs), is proud to announce a record-breaking first half of 2024. With significant growth in revenue and savings for health plans, Codoxo is raising its revenue targets for 2025 as its AI makes an outsized impact on healthcare payment integrity.

“Codoxo’s commitment to advancing AI and creating unique cost-saving solutions for healthcare payers continues to fuel its growth.”

Driving customer interest and growth: Booked revenue through July 2024 have exceeded full-year results from 2023, reflecting strong market demand for Codoxo’s AI solutions for payment integrity.

Increased savings: Healthcare payer customers leveraging Codoxo’s AI solutions have realized substantial increases in dollars saved. Average savings per member per year (PMPY) across specialized solutions include:-

$10 PMPY from Codoxo’s AI-driven provider education solution, Provider Scope$5 PMPY from Codoxo’s AI-driven data mining services, Audit Scope$2 PMPY from Codoxo’s AI-driven fraud investigations, Fraud Scope

Revealing top causes of fraud, waste, and abuse (FWA): Data analyzed by Codoxo’s healthcare AI solutions have pinpointed the most common instances where U.S. healthcare dollars are misspent. The top three areas are:

Abuse and misuse of the audio-only telehealth services modifierOff-label use of expensive weight loss drugs, particularly Ozempic, Mounjaro, and Wegovy, including collusion and steering schemesGenetic testing procedures without health plan policies and limits in place

“Codoxo’s commitment to advancing AI and creating unique cost-saving solutions for healthcare payers continues to fuel its growth. This is evidenced by Codoxo recently signing an agreement with one of the largest insurers in the world and a Fortune 10 company,” stated Dr. Musheer Ahmed, CEO and Founder of Codoxo. “Codoxo’s patented healthcare AI platform identifies incorrect payments exponentially earlier, improves provider billing and coding accuracy, and facilitates previously untapped payer-provider collaboration to eliminate payment friction.”

Additional markers of company momentum for Codoxo in 2024 include:

Launched AI for PI Community: Codoxo launched the AI for PI Community last year, an exclusive community of leaders on LinkedIn who are interested in the application and value of artificial intelligence for healthcare cost containment. AI for PI has grown swiftly, attracting leaders from every major regional payor and state and federal healthcare agency, including 75 group members on LinkedIn.

Hosted the inaugural AI Summit: The newly-launched AI for PI Community hosted its first annual AI Summit in June, with 70 leading payment integrity executives in attendance. Congressman David Schweikert – currently serving his seventh term in the United States Congress – served as keynote speaker for the event. His work as Co-Chair of the Telehealth Caucus proved pivotal in passing flexibilities during the COVID-19 pandemic. Schweikert shared his vision for an AI-powered healthcare system and support for policies that leverage AI technology to drive down expenses, echoing the pressing need for affordability.

About Codoxo
With a mission to make healthcare more affordable and effective for everyone, Codoxo is the premier provider of generative AI and artificial intelligence-driven solutions and services that help healthcare companies and agencies proactively detect and reduce risks from fraud, waste, and abuse and ensure payment integrity. The Codoxo Unified Cost Containment Platform helps clients manage costs across payment integrity, provider coding and billing, special investigation unit (SIU), network management, and clinical teams. Our software-as-a-service applications are built on our proven Forensic AI Engine, which uses patented AI-based technology to identify problems and suspicious behavior far faster and earlier than traditional techniques. Codoxo is a Fierce Healthcare Innovation Award winner and has been recognized by the Inc. 5000 list for growth. Our solutions are HIPAA-compliant and operate in a HITRUST-certified environment. For additional information, visit https://www.codoxo.com/.

About the AI for PI Community
The AI for PI Community brings together healthcare payment integrity professionals to learn about and accelerate the adoption of artificial intelligence technologies and solutions that collectively and actionably reduce the rising cost of care. Through education, networking, and shared best practices and use cases, AI for PI aims to inform and inspire thousands of healthcare payer, government agency, and pharmacy benefit manager (PBM) teams seeking innovative “shift-left” strategies that safeguard their bottom lines and contribute to a less costly U.S. healthcare system.Anyone who works in the payment integrity industry can join the community by visiting https://aiforpaymentintegrity.com/join.

Media Contact

Ronda Duncan, Codoxo, 8472549782, rduncan@springmarketinggroup.com, https://www.codoxo.com

View original content to download multimedia:https://www.prweb.com/releases/codoxo-announces-record-breaking-first-half-results-for-2024-302238523.html

SOURCE Codoxo

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TVCMALL Leads Wholesale Innovation for Simplified Online Retail Business Success at CES 2025

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LAS VEGAS, Jan. 11, 2025 /PRNewswire/ — CES 2025, one of the largest tech events globally, concluded with over 4,000 exhibitors showcasing breakthroughs in AI, digital health, and mobility. TVCMALL, a leading one-stop B2B wholesaler, made its second consecutive appearance at the event, delivering comprehensive solutions and introducing a new brand, LEMONDA. With a focus on eco-friendly products and AI-driven accessories, TVCMALL is redefining the wholesale experience for global entrepreneurs.

Revolutionizing Wholesale with AI and Sustainability
TVCMALL is a one-stop platform offering over 1 million SKUs, including mobile accessories, smart tech, and consumer electronics. At CES 2025, the company presented a range of cutting-edge products, from biodegradable phone cases to AI-driven gadgets like Meta Quest 3 headbands, wireless chargers, power banks, and gaming accessories. As part of its innovative approach, TVCMALL launched LEMONDA, a lifestyle brand focused on sustainability. Featuring lightweight, corrosion-resistant resin smartwatch straps and eco-friendly packaging, LEMONDA aligns with the growing demand for green solutions in tech, further cementing TVCMALL’s commitment to a sustainable future.

Comprehensive Solutions for Retailers
TVCMALL simplifies sourcing with an extensive catalog and AI-powered ordering systems, allowing businesses to streamline purchasing and make data-driven decisions. With no minimum order quantity (MOQ) on most products and a flexible dropshipping service, TVCMALL supports businesses with customized solutions tailored to their needs. Whether through personalized packaging or exclusive designs, TVCMALL helps entrepreneurs enhance their brand visibility and stay competitive. The platform also integrates with Amazon and custom APIs for a seamless experience.

Commitment to Quality and Global Growth
TVCMALL is dedicated to helping entrepreneurs succeed in both established and emerging markets. By offering competitive prices, fast delivery, and in-depth market insights, TVCMALL empowers businesses to expand into regions like Europe, Southeast Asia, and Brazil. The company works with trusted partners like Dux Ducis, CaseMe, and Nillkin, ensuring the reliability and quality of its offerings. Additionally, TVCMALL provides value-added services like product photography, factory inspections, and certifications (CE, RoHS), assisting clients with smooth market entry.

“At TVCMALL, our vision is to build a more generous and thriving world,” said Leo Chen, Founder and Chairman of TVCMALL. “CES 2025 is not just an exhibition for us; it’s an opportunity to collaborate, innovate, and inspire a new era of retail and technology.”

For more information, please visit www.tvcmall.com or contact sales@tvcmall.com.

Photo – https://mma.prnewswire.com/media/2593486/TVCMALL_booth_layout_at_CES_2025.jpg

View original content:https://www.prnewswire.co.uk/news-releases/tvcmall-leads-wholesale-innovation-for-simplified-online-retail-business-success-at-ces-2025-302345615.html

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The green power trading electricity volume in Turfan has surged significantly in 2024

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TURFAN, China, Jan. 11, 2025 /PRNewswire/ — On January 9, 2024, data released by Xinjiang Power Trading Centre Co., Ltd. indicated that the green power trading electricity volume in the Turfan region reached 0.97 billion kWh, representing a remarkable year-on-year increase of up to 14 times. This substantial growth underscores the region’s successful transition towards green energy.

State Grid Turfan Power Supply Company has taken proactive measures to expedite the development of the green power market. The company has facilitated the government’s introduction of a renewable energy consumption action plan, specifying new energy consumption ratios for key energy-consuming entities and establishing a market mechanism with a high proportion of new energy. These efforts have effectively promoted the “new energy participation in all trading varieties of the 24-hour curve” trading model and ensured continuous market opening on working days, thereby better accommodating the fluctuating characteristics of new energy output.

Furthermore, State Grid Turfan Power Supply Company established a green power certificate service station in Gaochang District, providing customers with convenient green power trading services and fostering a green consumption atmosphere throughout society. During the Autonomous Region Tourism Development Conference and the Turfan Grape Festival, the company achieved 100% green power supply and assisted three export-oriented enterprises in achieving low-carbon transformation, thereby enhancing the international influence of their brands.

Looking ahead, State Grid Turfan Power Supply Company will continue to implement measures to expand its “Power Supply + Energy Efficiency Bill” service, guiding society towards more efficient, economical, and environmentally friendly electricity usage, and contributing to the clean and low-carbon transformation of local energy resources.

View original content:https://www.prnewswire.com/apac/news-releases/the-green-power-trading-electricity-volume-in-turfan-has-surged-significantly-in-2024-302348525.html

SOURCE State Grid Turfan Power Supply Company

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Equipboard Unveils Sleek Redesign to Enhance Music Gear Discovery for Musicians Worldwide

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Redesign Introduces Modern Features, Streamlined Navigation, and Richer Content to Inspire and Support Music Makers Globally

AUSTIN, Texas, Jan. 11, 2025 /PRNewswire-PRWeb/ — Equipboard, the leading online community for musicians and gear enthusiasts, announces the launch of its newly redesigned website. With a modern look, streamlined navigation, and powerful new features, the redesign sets a new standard for connecting artists, producers, and hobbyists with the tools they need to create music.

Since its inception in 2013, Equipboard has grown into the world’s largest database of music gear used by professionals and amateurs alike. The redesign reflects the platform’s commitment to fostering creativity, offering transparent information, and making gear discovery and purchasing easier and more enjoyable for its global user base.

What’s New?

Equipboard’s redesign is more than just a fresh coat of paint. It introduces a host of improvements aimed at elevating the way users explore, share, and connect over their favorite gear:

    Modernized Design: A sleek, responsive layout ensures a seamless experience across all devices, with improved readability and accessibility.    Enhanced Navigation: Faster, more intuitive browsing helps users discover gear, artists, and inspiration effortlessly. Whether searching for a guitarist’s pedalboard or a producer’s go-to synth, the information is now at their fingertips.    Richer Content: Equipboard now features in-depth guides, expert-curated collections, and a revamped artist gear section to inspire and inform users at all levels of their musical journey.    Personalized Experience: Registered users can now enjoy a more tailored interface, saving their favorite gear and creating wishlists for their next creative adventure.    Price Comparisons Across Leading Retailers: Equipboard helps musicians make informed decisions by comparing prices on music gear from top retailers, ensuring they get the best value for their investment.    Community-Focused Features: New tools make it easier for users to contribute to Equipboard’s ever-growing database, ensuring the platform remains the most trusted source for music gear information.

“Equipboard has always been about empowering musicians by connecting them with the tools and insights they need,” said Michael Pierce, Co-Founder. “This redesign reflects our commitment to innovation and community, creating an experience that’s as inspiring as the gear our users discover. From in-depth artist insights to real-time price comparisons, we’re excited to see how these improvements help musicians worldwide make better gear choices and create amazing music.”

About Equipboard

Equipboard is the ultimate online resource for musicians and gear enthusiasts. With a mission to provide transparent, community-driven information about the gear used by artists and professionals, Equipboard has become a trusted destination for millions of music creators. The platform also simplifies the buying process with its innovative price comparison tool, helping users find the best deals from leading retailers. From electric guitars to studio monitors, Equipboard’s extensive database helps users make informed decisions about their music-making journey.

The redesigned Equipboard is now live at https://equipboard.com, offering a fresh look and enhanced tools to support music creators in exploring the gear behind their favorite artists’ sound.

Media Contact

Michael Pierce, Equipboard, 888-888-8888, contact@equipboard.com, https://equipboard.com/

View original content to download multimedia:https://www.prweb.com/releases/equipboard-unveils-sleek-redesign-to-enhance-music-gear-discovery-for-musicians-worldwide-302348502.html

SOURCE Equipboard

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