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Arbital Health and Quartet Health Partner to Expand Severe Mental Illness Value-Based Care Arrangements

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Partnership helps Quartet grow its Whole Health program for mental health patients. 

SAN FRANCISCO, Oct. 16, 2024 /PRNewswire/ —  Arbital Health, a technology company dedicated to advancing the healthcare industry’s shift to value-based care, today announced a continued long-term strategic collaboration with Quartet Health, an industry-leading value-based behavioral healthcare company, to drive the growth and success of its Whole Health program, along with other key strategic initiatives.

Mental health inequities contribute to significant societal costs in the U.S. One study estimates the size of this in 2024 to be $477.5 billion when factoring in avoidable medical costs, premature death, and productivity loss.1  By helping design and monitor outcomes-based contracts, Arbital aims to support Quartet’s Whole Health program that reduces costs and improves patient outcomes for those affected with serious mental illness (SMI).

“Arbital Health’s actuarial expertise, collaborative approach, and deep understanding of value-based care contracting made them well suited for Quartet’s Whole Health program,” said Dr. Michael Lipp, Quartet’s Chief Medical Officer. “They have been an excellent partner, and have allowed us to deepen our capabilities as we grow our Whole Health program.”

Quartet’s Whole Health program is a unique, whole-person care delivery solution that features a fully integrated physical and behavioral health model, providing wraparound care services for people with severe mental illness at no additional cost to patients. The program is designed to drive total cost of care (TCoC) reduction and includes developing the financial and contracting structure with clients to realize and measure these savings. Arbital’s actuarial analytical support has been invaluable in helping Quartet drive these initiatives with current and prospective clients.

“Arbital’s team is extremely collaborative and supportive,” said Dr. Lipp. “Their partnership has allowed us to analyze opportunities, support us through value-based contracting, and provide the actuarial expertise needed for the execution and expansion of this program.”

“We are excited to continue our journey with Quartet to help create a world where every person with a mental health condition will get the care they need,” said Andrew Mackenzie, Chief Science Officer at Arbital Health. “Untreated mental health conditions result in worse outcomes for patients, payers, and providers and exacerbate other disease areas. Accurately measuring the financial impact associated with appropriate treatment will allow for greater deployment of better value-based care for patients with mental health conditions.  That, in turn, will allow providers to serve these patients better and will improve payer economics.”

Arbital is a neutral third-party partner that leverages actuarial science validated platform capabilities, and specialized actuarial expertise, to simultaneously support payers, providers, point solutions, employers, and value-based care enablers throughout every stage of value-based care.

About Quartet Health
Quartet Health is a leading value-based behavioral healthcare enablement and delivery company. Our goal is to improve lives through quality, whole-person care for those with behavioral healthcare needs. Quartet is a trusted partner of health plans, health systems, and community mental health centers in 39 states across the country. We identify people in need of care and connect them directly to high-quality providers, including Quartet’s own medical group. For more information, visit Quartet Health.

Quartet Health will be attending HLTH 2024.  For more information, reach out to Quartet Vice President and General Manager, Bill Shatraw: wshatraw@quartethealth.com

About Arbital Health
Arbital Health’s vision is to become the neutral third-party adjudicator of outcomes-based contracts, unlocking and accelerating the $1 trillion shift to value-based care in the U.S. healthcare system.  We aspire to be the trusted umpire adjudicating every outcome-based contract in healthcare, whether contracts are between life sciences companies and payers, payers and providers, or employers and digital health companies.  We will make it simple to adjudicate contracts and unlock the trillion-dollar shift to value-based care.  In doing so, we will help to solve healthcare’s biggest problem.  For more information, and to explore career opportunities available, visit Arbital Health or follow on LinkedIn.

Arbital Health, co-founded by Travis May and Brian Overstreet, launched in November 2023 and recently announced its $10M Series A Financing Round and the acquisition of Santa Barbara Actuaries.

Arbital Health will be attending HLTH 2024 at Booth 4622, showcasing its platform and advisory services. For more information, visit Arbital Health HLTH conference 2024. 

CONTACTS

Media Contact for Quartet Health

Dustin Diehl
press@quartethealth.com

Media Contact for Arbital Health

Jesica Freeman
press@arbitalhealth.com

1. Deloitte. “Breaking the economic burden of mental health inequities: The cost of mental health disparities in the United States.” Deloitte Insights, 2024. https://www2.deloitte.com/us/en/insights/industry/health-care/economic-burden-mental-health-inequities.html.

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TEDCO Releases Equitech Growth Commission’s Preliminary Funding Plan and Priorities

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Announces Inaugural Request for Applications through the Equitech Growth Fund with up to $5M in Estimated Awards

COLUMBIA, Md., Oct. 16, 2024 /PRNewswire/ — TEDCO, Maryland’s economic engine for technology companies, announces the release of the Equitech Growth Commission’s Preliminary Funding Plan and Priorities, along with a Request for Applications (RFA) for the inaugural round of Equitech funding. The Commission’s preliminary plan, which serves as the initial framework for its 10-year strategic plan, outlines broad-based objectives and serves as a guide for shaping funding opportunities made available through the Equitech Growth Fund. The Commission’s Final Funding Plan and Priorities is anticipated to be released in June 2025.

TEDCO Announces Inaugural Request for Applications through the Equitech Growth Fund with up to $5M in Estimated Awards

“With this fund, we are continuing to create strategies that will enhance Maryland’s statewide ecosystem,” said Mindy Lehman, chief government program development, affairs & policy officer at TEDCO. “This grant opportunity allows us to provide even more support to underrepresented communities.”

The Equitech Growth Fund is a key component of the broader Cultivate Maryland initiative, which was launched in response to a recent study that revealed a slowing economic growth rate in Maryland. The initiative aims to create a sustainable and inclusive ecosystem, helping to retain companies while attracting new entrepreneurs to the state.

The inaugural round of funding made available through the RFA aligns with the goals, objectives and outcomes to support economic competitiveness and inclusive growth of emerging and advanced industries in Maryland as outlined in the Commission’s Preliminary Funding Plan. The RFA seeks proposals that leverage partnerships and investments from the private sector, federal government and/or other stakeholders for initiatives focused on workforce development and infrastructure and address one or more of the Commission’s 10-year goals for growing the State’s innovation economy. The total funding pool for the awards is estimated to be up to $5 million.

Funding breakdown:

Infrastructure Awards: $3 million will be awarded to 2 – 4 applications accepted for 12 – 36-month plans, with awards up to $1 million each (estimated).Workforce Awards: $2 million will be awarded to 10 – 12 applications accepted for 12 – 24-month plans, with awards up to $250,000 each (estimated).

Priority areas include:

Entrepreneur DevelopmentExpansion of STEM EducationAdvanced ManufacturingCybersecurity and IT Industry Workforce DevelopmentAdvanced TechnologyAdvanced Laboratory Space

Additional areas of consideration include, but are not limited to:

Environmental and Energy TechnologyAerospace and DefenseSmart Agriculture and Food TechnologyHealthcare, Life Sciences, and BioinformaticsAutonomous Systems and RoboticsFinTechCreative Industries and DigitalLogistics and Supply Chain Innovation

Maryland is a state of opportunity and potential. The release of this RFA signifies an essential strategic step forward, allowing us to fully embrace the state’s potential,” said Troy LeMaile-Stovall, CEO of TEDCO. “With this fund, we’re excited to build a sustainable and inclusive ecosystem that not only supports entrepreneurial innovation but encourages it.”

For eligibility requirements and to read the full RFA, click here.

Applications for the Equitech Growth Fund are due November 6, 2024, by 5 p.m., and can be submitted here. If you have any questions, please contact equitechgrowth@tedcomd.com.

About TEDCO
TEDCO, the Maryland Technology Development Corporation, enhances economic empowerment growth through the fostering of an inclusive entrepreneurial innovation ecosystem. TEDCO identifies, invests in, and helps grow technology and life science-based companies in Maryland. Learn more at www.tedcomd.com.

Media Contact
Tammi Thomas, Chief Development & Marketing Officer, TEDCO, tthomas@tedcomd.com

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SOURCE TEDCO

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WHIRLPOOL CORPORATION TO ANNOUNCE THIRD-QUARTER RESULTS ON OCTOBER 23RD AND HOLD CONFERENCE CALL ON OCTOBER 24TH

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BENTON HARBOR, Mich., Oct. 16, 2024 /PRNewswire/ — Whirlpool Corporation (NYSE: WHR) will release its third-quarter financial results and presentation materials at 4:05 p.m. ET on Wednesday, October 23, 2024.  Whirlpool Corporation will hold a conference call to discuss its performance with the investment community at 8 a.m. ET on Thursday, October 24, 2024.

To participate in the conference call, dial 1 (888) 440-4038 and Conference ID 2610251. International participants should dial 1 (646) 960-0861 and Conference ID 2610251. Participants should dial in at least 10 minutes prior to the call, as they may experience longer than usual wait times.

The conference call will be webcast live on the Company’s website at www.investors.whirlpoolcorp.com and may be accessed by clicking on the “News & Events” tab located at the top of the page, and by clicking on “Events & Presentations”. To listen to the live webcast, participants should visit the site at least 15 minutes prior to the conference call to download any required streaming media software. Key financial statistics, the earnings presentation, and an archived recording of the conference call will be available on the Company’s website for at least 30 days.

About Whirlpool Corporation
Whirlpool Corporation (NYSE: WHR) is a leading kitchen and laundry appliance company, in constant pursuit of improving life at home and inspiring generations with our brands. The company is driving meaningful innovation to meet the evolving needs of consumers through its iconic brand portfolio, including Whirlpool, KitchenAid, JennAir, Maytag, Amana, Brastemp, Consul, and InSinkErator. In 2023, the company reported approximately $19 billion in annual sales, 59,000 employees, and 55 manufacturing and technology research centers.  Additional information about the company can be found at WhirlpoolCorp.com.

Website Disclosure
We routinely post important information for investors on our website, WhirlpoolCorp.com, in the “Investors” section. We also intend to update the Hot Topics Q&A portion of this webpage as a means of disclosing material, non-public information and for complying with our disclosure obligations under Regulation FD. Accordingly, investors should monitor the Investors section of our website, in addition to following our press releases, SEC filings, public conference calls, presentations and webcasts. The information contained on, or that may be accessed through, our webpage is not incorporated by reference into, and is not a part of, this document.

View original content to download multimedia:https://www.prnewswire.com/news-releases/whirlpool-corporation-to-announce-third-quarter-results-on-october-23rd-and-hold-conference-call-on-october-24th-302278310.html

SOURCE Whirlpool Corporation

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Etsy to Announce Third Quarter 2024 Financial Results on October 30, 2024

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BROOKLYN, N.Y., Oct. 16, 2024 /PRNewswire/ — Etsy, Inc. (Nasdaq: ETSY), which operates two-sided online marketplaces that connect millions of passionate and creative buyers and sellers around the world, plans to release its third quarter 2024 financial results after market close on Wednesday, October 30, 2024. The press release can be accessed on the Etsy Investor Relations website (investors.etsy.com).

Etsy will also host a video webcast conference call to discuss those results at 5:00 p.m. Eastern Time on the same day, which will be live-streamed via the Company’s Investor Relations website (investors.etsy.com) under the events section. Publishing research analysts will be provided an opportunity to ask company management live questions on the call. A copy of the earnings call presentation will also be posted to our website.

A replay of the video webcast will be available through the same link following the conference call starting at 8:00 p.m. Eastern Time that evening, for at least three months thereafter.

About Etsy

Etsy, Inc. operates two-sided online marketplaces that connect millions of passionate and creative buyers and sellers around the world. These marketplaces share a mission to “Keep Commerce Human,” and we’re committed to using the power of business and technology to strengthen communities and empower people. Our primary marketplace, Etsy.com, is the global destination for unique and creative goods. Buyers come to Etsy to be inspired and delighted by items that are crafted and curated by creative entrepreneurs. For sellers, we offer a range of tools and services that address key business needs.

Etsy, Inc.’s “House of Brands” portfolio also includes fashion resale marketplace Depop, and Reverb, the largest online marketplace dedicated to music gear. Each Etsy, Inc. marketplace operates independently, while benefiting from shared expertise in product, marketing, technology, and customer support.

Etsy was founded in 2005 and is headquartered in Brooklyn, New York.

Etsy has used, and intends to continue using, its Investor Relations website and the Etsy News Blog (etsy.com/news) to disclose material non-public information and to comply with its disclosure obligations under Regulation FD. Accordingly, you should monitor our investor relations website and the Etsy News Blog in addition to following our press releases, SEC filings, and public conference calls and webcasts.

Investor Relations Contact:
Deb Wasser, Vice President of Investor Relations & ESG Engagement
ir@etsy.com 

Media Relations Contact:
Kelly Clausen, Vice President of Communications & Community
press@etsy.com

View original content:https://www.prnewswire.com/news-releases/etsy-to-announce-third-quarter-2024-financial-results-on-october-30-2024-302278205.html

SOURCE Etsy, Inc.

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