Palantir And This Leading Healthcare Distributor Bond Over Efficient Medical Supply Chain Ecosystem

2022-10-17 02:43:53 By : Ms. Bonnie Wong

Palantir Technologies Inc (NYSE: PLTR) and Concordance Healthcare Solutions LLC, one of the largest independent healthcare distributors in the U.S., collaborated to power the first, fully integrated medical supply chain ecosystem bringing together inventory and supply chain data from manufacturers, suppliers, distributors, and providers into one cohesive, real-time system.

Palantir and Concordance have built an ecosystem that can handle diverse data sets and disparate enterprise resource planning (ERP) tools to create one agnostic point of reference regardless of compatibility.

Powered by Palantir Foundry, the new ecosystem is accessible to any healthcare manufacturer, supplier, distributor, provider, or government public health agency with a license.

Related: US Defense Extends Contract With Palantir That Google Dumped Earlier

Recently, Palantir won a $229 million deal to develop and deliver artificial intelligence and machine learning capabilities for the Special Forces, the Joint Staff, and every branch of the U.S. Armed Services.

Palantir had harbored a secret plan to buy up smaller rivals with an existing relationship with the U.K.'s National Health Service to deepen its ties without public scrutiny.

Price Action: PLTR shares traded lower by 0.63% at $8.08 on the last check Monday.

Palantir Co-founder Had Explored Winning UK's NHS Via Buying Smaller Rivals: Report

US Defense Extends Contract With Palantir That Google Dumped Earlier

As Credit Suisse's Credit Default Swaps Spike To Near 2008 Levels, Rumors Of Lehman-Like Collapse Floated

Don't miss real-time alerts on your stocks - join Benzinga Pro for free! Try the tool that will help you invest smarter, faster, and better.

© 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

To gauge crypto's future viability, look beyond the current market misery to major signs of adoption from BlackRock, BNY Mellon, and Google.

Autonomous self-driving robots deliver coffee, lunch and packages. As network technologies improve, their tasks will get more complex.

The company, which reaffirmed that there was no evidence that customer data had been removed from the network, is on track to mark its worst day in 2-1/2 years. Medibank said last Thursday it would isolate and remove access to some customer-facing systems after it detected unusual activity on its network. The company said its investigation indicated that its cyber security systems had detected activity "consistent with the precursor to a ransomware event" but that its systems were not encrypted by ransomware.

SEOUL (Reuters) -Shares in South Korea's Kakao Corp plunged more than 9% on Monday after a fire at a data centre south of Seoul damaged servers on the weekend, causing an extensive service outage in the country's main chat app. The outage of the chat app, predominantly used in South Korea for both private and business exchanges, as well as services including payments and gift exchanges, taxi hailing, maps and log-in access for other apps, crippled communications in Asia's fourth-largest economy. President Yoon Suk-yeol said on Monday that Kakao's services are "like a fundamental national telecommunications network as far as the public is concerned," and follow-up measures over the service outage will be pursued.

New York Attorney General Letitia James accuses Zoetop of lying about the extent of the 2018 attack.

Answer: It sounds like you’re feeling stressed about money and questioning your decisions, so we asked financial advisers and money pros what you’re doing right and what you might want to change. “I would base your savings rate towards a home, and how much you can temporarily divert from the student loan debt towards a home, on how much you think the home will cost,” says Joe Favorito, certified financial planner at Landmark Wealth Management.

(Bloomberg) -- Chinese stocks resumed their decline as President Xi Jinping offered little sign of a shift away from Covid Zero in his key speech, disappointing investors who had been hoping for some loosening of restrictions to shore up the market.Most Read from BloombergNATO-China Tension Over Ukraine Flares at Conference in IcelandSecret Service Minimized Threats Before Jan. 6, Records ShowDeSantis Chief of Staff Planned Migrant Flights, Documents ShowThe benchmark CSI 300 Index slid as much

Future Fund Active ETF co-founder Gary Black recommends to Tesla's board how it should spend some of the electric-vehicle company's cash.

“If only ...” Those are words spoken by investors who regret investment decisions they made in the past that didn’t turn out so well. Many real estate investors purchased properties at a peak in prices in 2007 thinking that the market would continue to go up, up and up. Some panicked and sold their properties during the tail end of the Great Recession in 2009 — often at a tremendous loss. As investors witness how the real estate market has more than rebounded in the past 13 years, they may say,

The U.S. Justice Department on Sunday moved to dismiss an antitrust indictment against two former Pilgrim's Pride Corp executives who were the remaining defendants in a conspiracy prosecution that has failed to secure any convictions. Federal prosecutors asked U.S. District Judge Daniel Domenico to dismiss the case against Jason McGuire, who was a former executive vice president of sales at Pilgrim's Pride, and Timothy Stiller, a former general manager. They and other defendants were charged in 2021 of fixing prices in the poultry industry.

(Bloomberg) -- Asian equities fell while major currencies made gains against the dollar in a cautious open to the week following further weakness on Wall Street and a defiant message to the world from China’s Communist Party congress.Most Read from BloombergNATO-China Tension Over Ukraine Flares at Conference in IcelandSecret Service Minimized Threats Before Jan. 6, Records ShowDeSantis Chief of Staff Planned Migrant Flights, Documents ShowStocks dropped in Japan, Australia and Hong Kong, where

A proliferation of financial designations has flooded the professional marketplace. The need for greater specialization brings an increased granularity to the profession and the evolution of financial markets. Certificates can be attained through short-term courses or long-term academic programs.

Starboard's Chief Executive Officer Jeffrey Smith plans to discuss the investment at Tuesday's 13D Monitor Active-Passive Investor Summit, the Wall Street Journal, which first reported the holding, wrote on Sunday. Starboard and Splunk did not immediately respond to Reuters' requests for comment.

Part of retirement planning is figuring out if your retirement income will last. Find out if your retirement savings will provide the standard of living you want.

Beyond ESG & SRI. Is it time for caring capitalism?

China's central bank held its key policy rates steady on Monday, which may mean the same holding pattern for benchmark lending rates later this month. The People's Bank of China injected 500 billion yuan ($69.6 billion) of liquidity via its medium-term lending facility, according to an official statement on its website. The MLF carries an interest rate of 2.75%, unchanged from the last operation, and a tenure of one year.

(Bloomberg) -- Kakao Corp. tumbled to the lowest since May 2020 after a fire at a data center disrupted services for the South Korean internet giant over the weekend.Most Read from BloombergNATO-China Tension Over Ukraine Flares at Conference in IcelandSecret Service Minimized Threats Before Jan. 6, Records ShowDeSantis Chief of Staff Planned Migrant Flights, Documents ShowThe company’s stock dropped as much as 9.5%, with it and shares of its affiliates among the biggest drags on the benchmark K

Both companies have seen their share price fall, but that doesn't mean Apple or Amazon wouldn't be interested at the right number.

Britain's new finance minister Jeremy Hunt faces an early test of his attempt to stem the crisis of confidence in Prime Minister Liz Truss on Monday when the bond market delivers its verdict on his weekend overhaul of her economic programme. Truss fired her friend Kwasi Kwarteng and named Hunt as her new chancellor of the exchequer on Friday in the hope of recovering some economic policy credibility and staying in Downing Street, little more than month after she moved in. But British bond prices immediately renewed their sharp sell-off in the final hours of trading last week as investors decided that Truss's decision to allow a rise in tax on company profits - reversing her promise to freeze them - was not enough.

The average rate on a 30-year fixed-rate mortgage now sits at 6.92%, the highest it has been since 2002.