Calamos U. S. Convertible Strategy Q3 2025 Commentary Calamos Investments 544 Follower s Comments Summary Market breadth creates new tailwinds for the convertible market, where small- and mid-cap growth companies are well represented. This environment proved supportive for risk assets, with equity markets delivering solid returns and credit spreads continuing their compression from earlier-year highs. The hybrid structure of convertible securities–combining equity-like growth potential with bond-like risk-mitigation characteristics–offers an attractive risk-reward proposition in this environment. This strength reflects how companies strategically use convertibles as a cost-effective tool for capitalizing on growth opportunities and refinancing other forms of debt. Our portfolio positioning remains focused on companies poised to benefit from transformative secular and cyclical trends. Summary • Equity market gains, tightening credit spreads, and easing monetary policy created a positive backdrop for the convertible market in the third quarter, and the US Convertible Strategy was positioned to capitalize on these tailwinds. This article was written by 544 Follower s Calamos Investments is a diversified global investment firm offering innovative investment strategies including U. S. growth equity, global equity, convertible, multi-asset and alternatives. The firm offers strategies through separately managed portfolios, mutual funds, closed-end funds, private funds, an exchange traded fund and UCITS funds. Clients include major corporations, pension funds, endowments, foundations and individuals, as well as the financial advisors and consultants who serve them. Headquartered in the Chicago metropolitan area, the firm also has offices in London, New York and San Francisco. For more information, please visit www. calamos. com. Comments Recommended For You.
https://seekingalpha.com/article/4846402-calamos-us-convertible-strategy-q3-2025-commentary?source=feed_all_articles
Category Archives: general
‘So stunning’: Biden economics adviser bewildered by Trump’s latest self-destructive reply
Donald Trump’s response to the affordability crisis is “stunning” for its failure to account for political risks, according to an economics expert. Gene Sperling, a senior Biden adviser who also led the National Economic Council in the Obama and Clinton administrations, appeared on MS NOW on Thursday where he was asked about Trump’s recent comments in which the president mocked the very concept of “affordability. You know, his response to this is just so stunning, just from kind of a political self-interest point,” he said before explaining that Biden himself faced criticism for trying to brag about economic successes when people weren’t feeling them at home. “And it’s striking how many Americans understand what tariffs are and that they are raising your prices,” he said. “So what’s kind of stunning is he didn’t learn any lesson. And now, at a time when he has an economy that is very iffy, very iffy. Job numbers, not particularly strong. He’s not just deemphasizing affordability. He’s mocking it.”.
https://www.rawstory.com/trump-affordability-2674315620/
Tigers tip off
In Rock Rapids Monday, Spencer’s girls began the basketball season with a scrimmage against West Lyon. SHS freshman Calista Frankenstein performed the opening tip against the Wildcats. No score was kept and no statistics taken, but Tiger coach Matt Stevenson got a chance to see his ladies in action. The experience gave the squad a peek at what needs to [.].
https://www.charlescitypress.com/articles/spencerreporter-2/tigers-tip-off/
Oswego County Opportunities Welcomes New Executive Director
FULTON Oswego County Opportunities (OCO), the community action agency for Oswego County, has a new leader. OCO Board President Jill Lyon has announced that Kevin Dean has been named the agency’s executive director. “The OCO Board of Directors selected Kevin Dean based upon his more than 20 years of experience in roles focused on improving lives through health, education and economic programs values that align closely with OCO’s mission,” said Lyon. Most recently working in Foreign Service with the US Agency for International Development (USAID), Dean brings a wealth of domestic and international experience in community action. After undergraduate study at the University of Iowa, Dean attended Georgetown University where he earned a Master’s Degree in Foreign Service and began his career with the State Department and later, USAID. When USAID ended as part of the reduction in workforce action, Dean had to identify his next chapter of life. That’s when fond memories of Oswego County resurfaced. “It’s kind of strange story,” remembered Dean. “When I was 19, I was a member of a marching band which traveled all over the country. The best competition I ever went to was in Oswego. We were so warmly welcomed. The Knights of Columbus Council organized an elaborate turkey dinner for all 128 band members and our travel team almost 200 people. A free home cooked meal on the road was a real treat. More importantly, they sat and talked with us, it was such a gracious act of hospitality. No one else ever welcomed us that way. It stuck with me, and since then I have had a soft spot in my heart for Oswego.” While searching for career opportunities online, Dean saw that Oswego County Opportunities was looking for an executive director. He saw it as a perfect match for his experience and ideals, and a chance to return to a place with fond memories. “Coming to OCO is a natural transition,” said Dean. “Community action agencies like OCO are the model that USAID was working to establish all over the world. We sought to develop non-governmental organizations with partnership between local governments and community members, private sector buy-in and support that are capable of receiving and using public funds for public benefit while seeking private funds through service delivery or donations. This has a much larger impact than government grants alone. I was part of establishing organizations of this type in six different countries.” “I believe there is a moral imperative to fight poverty, and OCO’s programs are focused on exactly that. I was also impressed with the trust and respect that the community has for OCO and the work that it does. Community members that I spoke with were instantly positive when it came to OCO. It shows that OCO programs are addressing real community wants and needs and are provided in a way that is respectful and high quality. It’s a testament to Diane Cooper-Currier and her team.” The scope of OCO’s programs also played a part in Dean’s interest in OCO. Services such as family planning, housing and nutrition, pre-primary and early education are all sectors that Dean has managed, designed, and fostered in different countries around the world. “I felt that I had useful experience that I could bring to OCO. I am very pleased to have the opportunity to lead this outstanding agency in its mission of meeting the human service needs of our county.” “Kevin demonstrated a clear commitment to being of service to others and strong leadership abilities,” added Lyon. “We are extremely pleased to welcome him to OCO and look forward to working together to continue to achieve OCO’s mission to inspire partnerships and provide services that empower people, support communities and change lives.”.
https://oswegocountytoday.com/community/oswego-county-opportunities-welcomes-new-executive-director/
MEXC Hires Hacken for Monthly Proof-of-Reserves Audits
MEXC has expanded its partnership with blockchain security platform Hacken to introduce monthly, independently verified Proof-of-Reserves (PoR) audits, marking a shift toward a more formalized transparency framework for the exchange. The monthly audits will add independent verification to MEXC’s existing PoR system, creating an external record of reserves that cannot be altered internally. Hacken will publish each report independently, without MEXC’s review or approval, starting in late November. The checks will compare MEXC’s reserves with user balances across major assets. MEXC said its current reserve ratios remain above 100% across major assets, with users able to verify their balances through the exchange’s Merkle tree system on a dedicated proof-of-reserves page. A Merkle tree PoR lets users verify that their assets are included in an exchange’s total balances by checking cryptographic “hashes” instead of revealing full account data. When asked if the exchange expects monthly third-party PoR audits to become an industry standard, a spokeperson for MEXC said: We believe the industry is moving in this direction. One-time or irregular PoR snapshots no longer meet the expectations of either users or institutional counterparties. Strengthening regulation in the US, EU, and Asia also points to a trend toward mandatory periodic reporting.” Hacken is a blockchain security and compliance company with expertise in Web3 and AI-assisted tools. Since 2017, it has worked with more than 1, 500 clients, including the European Commission, MetaMask, the Ethereum Foundation and Binance. MEXC, founded in 2018, says it serves over 40 million users across more than 170 countries and regions. CoinMarketCap data ranks the exchange ninth by trading volume, at roughly $3. 65 billion. Related: Crypto exchange Kraken submits confidential US IPO filing PoR becomes crypto’s trust benchmark Since FTX’s collapse in November 2022, centralized exchanges have been trying to restore user confidence. In the weeks after FTX’s bankruptcy, more than $20 billion flowed out of major platforms, according to CoinGecko data. Binance was the first major exchange to disclose its reserves after the collapse. It published an initial report on Nov. 10, 2022, followed days later by a Merkle Tree version that allowed users to verify its Bitcoin holdings. Around the same period, OKX, Deribit and Crypto. com also released proof-of-reserves reports, but most disclosures were one-off snapshots rather than ongoing audits, drawing criticism from the community for offering only limited transparency. In 2022, Kraken underwent a cryptographic audit by Armanino LLP, which verified that its Bitcoin (BTC) and Ether (ETH) holdings matched customer balances. The exchange said that the independently validated process provided a level of transparency that legacy financial companies rarely offer. Bybit has been using Hacken to conduct PoR audits since June 2024. According to Hacken, the reviews check user liabilities, verify wallet ownership cryptographically, confirm that reserves exceed liabilities and use a Merkle tree system that lets users verify their own balances.
https://bitcoinethereumnews.com/tech/mexc-hires-hacken-for-monthly-proof-of-reserves-audits/
Trinity Rodman focused on fight for NWSL title as departure rumors swirl
SAN JOSE, Calif. Spirit star forward Trinity Rodman on Thursday did her best to shut down speculation regarding her NWSL future as she tries to remain laser focused on Saturday’s championship match against Gotham FC. Rodman reportedly has received several lucrative international offers from top European clubs, but she said “no decisions” have been made regarding her impending free agency. She said it hasn’t even crossed her mind that Saturday’s game potentially could be her last in the NWSL. “I’m not there at all,” Rodman said. “There could be conversations being had, but right now I am so excited to be representing the Spirit. I’m not even thinking of when my last game will be. But yeah, I just want to win it and we’ll see.” Rodman is at the center of what could be a pivotal moment in league history as the NWSL’s salary cap restraints could result in an exodus of star players leaving for better compensation elsewhere. The Athletic reported that DC Power, of the Gainbridge Super League, presented Rodman with a “significantly larger” contract than what the Spirit or NWSL can compete against under the current salary cap restrictions. NWSL commissioner Jessica Berman was peppered with salary cap-related questions during her hourlong press conference. She said the league’s salary cap had “almost quadrupled” over the past four seasons as the league’s popularity and revenue streams grew. But she didn’t seem to entertain the idea of softening the NWSL’s current hard cap, which was set at $3. 5 million per club this season. “It’s hard to say” whether the salary cap was an appropriate mechanism for the NWSL at this time, according to Rodman. “In women’s sports, there’s always this fight for equal pay, to get paid more for the work that we do,” Rodman said. “But again, I’m 23 years old. I’m not going to try to completely change the league and fix that. But at the same time, yeah, we’re always going to push and strive for more.” Still, Berman remains steadfast about keeping Rodman in the league. “We want Trinity in the NWSL, and we will fight for her,” Berman said. “And we are excited to see her compete in the championship on Saturday.” Rodman, 23, was flattered by Berman’s comments and has been happy since starting her professional career in the NWSL in 2021. “But at the same time, like, I don’t want to put that pressure on myself of because she said that now, I’m like, ‘Oh, shoot, I’m trapped,’ ” Rodman said. “Again, I’m focused on this weekend, and that’s really all I can focus on. And then moving forward, then that’s when I really have those conversations and tough calls that I need to have.” Berman signed a multi-year contract extension to keep her in charge of ushering the league into its next era of growth, the NWSL announced Thursday. Berman took over as NWSL commissioner in 2022 and under her watch the league has checked off many major milestones, including a new collective bargaining agreement, league expansion and skyrocketing club valuations. “Jessica’s leadership has been instrumental in transforming the NWSL into a global sports property,” Gotham FC owner and NWSL executive committee chair Carolyn Tisch Blodget said in a statement. “Her vision for sustainable growth, along with her ability to fuel enduring momentum, has positioned the league for long-term success.” Berman now is under contract through the 2028 season, the Equalizer reported.
https://nypost.com/2025/11/20/sports/trinity-rodman-focused-on-fight-for-nwsl-title-as-departure-rumors-swirl/
Greenland 2: Migration – New Clip Released And 7 Location Posters
Lionsgate released a new clip and seven location posters from Greenland 2: Migration, which will be released in theaters on January 9th. We might be in the middle of awards season hell, but January and all of its glory will be here before we know it. January is such a fun time at the movies because it is still, though not as much anymore, a dumping ground for movies that studios might not have the most confidence in. It’s where low-budget horror tends to thrive and original action movies that still all somehow feel the same. Greenland 2: Migration is another one of those films, but this one has something that many other movies don’t have, and that’s a fan base that didn’t get the chance to experience the first film in theaters. The first film was a pandemic hit, and now this sequel is getting the full theatrical release. If there is room on the docket, Lionsgate should get some double features going; there’s an audience for it, I can assure you. We’re about six weeks out from the release, so we’re starting to get some promotional material. A clip was released today showing John Garrity out on the surface of the world following the catastrophic comet impact. This is a rare disaster movie sequel that looks into what happens after the world-ending event when the few survivors actually survive, which is a great angle to explore. We see a nasty storm that John is running from, and it’s dangerous enough that opening the door to let him in with it so close is a risk. We also got location posters. Usually, a film will release character posters, and maybe we’ll get some of those, but Greenland 2: Migration is about the world after. We have a series of seven location posters showcasing major cities in the United States and what they look like after a disaster. It’s another example of how this team is going above and beyond when they could have easily phoned it in with a sequel in name only. Greenland 2: Migration The Unlikely Pandemic Sequel Greenland 2: Migration will be directed by Ric Roman Waugh, written by Mitchell LaFortune and Chris Sparling, and produced by Basil Iwanyk, Erica Lee, Gerard Butler, Alan Siegel, Sébastien Raybaud, John Zois, Brendon Boyea, and Ric Roman Waugh. The film stars Gerard Butler, Morena Baccarin, Roman Griffin Davis, Amber Rose Revah, Sophie Thompson, Trond Fausa Aurvåg, and William Abadie. Lionsgate released a brief summary for Greenland 2: Migration: In the aftermath of a comet strike that decimated most of the earth, Greenland 2: Migration follows the Garrity family (Gerard Butler, Morena Baccarin, and Roman Griffith Davis) as they’re forced to leave the safety of their bunker in Greenland to traverse a shattered world in search of a new home. Greenland 2: Migration will be released on January 9, 2026. The first film was released over the course of several months in 2020. Greenland was initially set to be a summer blockbuster, but the film kept getting pushed back as it became more and more apparent that this little virus thing was not going to be a quick thing that turned around. However, while the movie ultimately ended up skipping US theaters for a PVOD format in the fall, Greenland did release internationally in a couple of different countries. Starting in mid-July and through the rest of the summer and into the fall, Greenland would open in theaters across Europe, eventually gathering a worldwide box office of $52. 3 million on a budget of $35 million. That box office gross does not include the PVOD numbers when the film was released digitally in October 2020 or the $20-$30 million the studio made from selling the streaming rights to HBO. The sequel, which would eventually be titled Greenland 2: Migration, was officially greenlit in June 2021.
https://bleedingcool.com/movies/greenland-2-migration-new-clip-released-and-7-location-posters/
Giants corner Dru Phillips: ‘I didn’t get benched,’ must be better in ‘critical situations’
Giants corner Dru Phillips said Thursday that he was not benched in last Sunday’s loss to the Green Bay Packers, even though he played his final snap with over 12 minutes remaining in the third quarter. “It’s a rotation,” Phillips, 23, told the Daily News at his locker. “I didn’t get benched.” Both interim head coach Mike Kafka and defensive coordinator Shane Bowen confirmed the fourth quarter benching in favor of backup Nic Jones, but Phillips is a proud player. Bowen reaffirmed he still has confidence in the former third-round pick. And the Giants (2-9) might have to call upon Phillips again Sunday against the Lions (6-4) after Jones showed up on Thursday’s injury report as limited with a hamstring injury. “[I] felt like Nic earned the right to play a little bit, right?” Bowen said Thursday. “He’s out here working. He’s done a really good job. We got him in there, felt confident in his ability to go in there and play. And I would say he earned the right to play.” Phillips seemed to be playing a shallow zone on his final play with 12: 25 remaining in the third quarter when Dane Belton was flagged for a 35-yard pass interference near the goal line on Matthew Golden to set up a Packers touchdown. He also comes across as a hard-nosed, competitive, loyal and accountable player and person. But he has had a difficult season, and his late demotion was an interesting wrinkle during Kafka’s first game as head coach, considering there are plenty of other candidates on this roster as worthy of the fate Phillips received Sunday. Phillips is tied for the fourth-most penalties (eight) against in the NFL, and his 122 penalty yards against rank second in the league behind only Denver’s Riley Moss (nine for 178). He has also been victimized during some of the Giants defense’s collapses, especially during the infamous loss at Denver, when his finish on a play or two was far less than acceptable. Kafka supported the change after the game. When Jones entered, he immediately put tight coverage on Christian Watson for a 3rd down pass breakup late in the third quarter. “Yeah, the defense, they wanted to make a substitution there to put him at nickel,” Kafka said. “It was a good idea, and I think he did a nice job and made a nice little play there on third and two.” Phillips said he knows he has to play better. “I’ve got to be better in critical situations and reduce penalties,” he said. So what can he do to stay ready for Detroit, knowing he expects it to be a “rotation,” to earn his previous full-time role? “I’ve just got to show up, work and compete,” he said. Oddly enough, Bowen stressed full confidence in Jones but didn’t start him against the Packers. Why? “Because I have confidence in Dru,” he said. “I have confidence in Dru to go out there and do all those things as our starting nickel just trying to get him some time.” Phillips said he knew about the rotation before the Green Bay game started, though. It all makes for a lot of consternation and curiosity at what the next change will be when the Giants take the field on Sunday and how players will continue to respond to the whiplash of being handled differently by an interim coach. FITZGERALD STILL AT PRACTICE Former Northwestern head coach Pat Fitzgerald was watching Giants practice for a second straight day on Thursday and observing and taking notes. Kafka did not indicate Fitzgerald has any role other than visiting as a helpful mentor, but it’s worth monitoring Fitzgerald’s continued presence if coordinator Shane Bowen’s defense continues to struggle Sunday in Detroit. Kafka is 0-1 with six games remaining as interim Giants head coach. DART REMAINS LIMITED Quarterback Jaxson Dart (concussion/ non-contact) remained limited at practice for a second straight day. If he does clear the protocol for Sunday’s game, it is likely to happen sometime on Friday. It’s interesting that he wasn’t cleared on Thursday, considering he returned to the field last week and already was going through grueling workouts prior to the Packers game. Dart was in the locker room for a while at his locker, but NFL media rules prohibit reporters from interviewing players while they are in the concussion protocol. So it’s possible that Dart won’t speak on Brian Daboll’s firing, his concussion in Chicago and everything else until after the Giants’ game in Detroit. ADEBO NOT LOOKING GOOD Starting Giants corner Paulson Adebo (knee) did some running on a back field early in practice. But he isn’t close to 100%, and he was listed as a non-participant for a second straight day. So he is expected to miss a fifth straight game on Sunday. Edge Kayvon Thibodeaux (shoulder) and seldom-used tight end Thomas Fidone II (foot) also remained sidelined. Thibodeaux will miss his second straight game, and Fidone looks like he will be out on Sunday, too. Corner Cor’Dale Flott had a baby, so he missed a second straight practice, but he’s healthy. Veteran receiver Darius Slayton (hamstring) was upgraded to limited and has a chance to play against the Lions. Dart, Jones, Corner Deonte Banks (hip), linebacker Demetrius Flannigan-Fowles (illness), corner Rico Payton (illness), defensive lineman Chauncey Golston (neck), safety Tyler Nubin (neck) and defensive lineman Rakeem Nuñez-Roches Sr. (toe/elbow) were limited, too. Running back Eric Gray (knee) was a full participant after the Giants opened his window to active him from injured reserve.
https://www.nydailynews.com/2025/11/20/giants-corner-dru-phillips-i-didnt-get-benched-must-be-better-in-critical-situations/
Coast Guard set to change policy to call swastikas and nooses ‘potentially divisive’
WASHINGTON (AP) The U. S. Coast Guard is poised to change some of its language and policies surrounding the display of hate symbols like swastikas and nooses as well as how personnel report hate incidents. A Coast Guard message in 2020 from then-Commandant Karl Schultz said symbols like swastikas and nooses were “widely identified with oppression or hatred” and called their display “a potential hate incident.” The Coast Guard policy dated this month calls those same symbols “potentially divisive.” The new policy maintains a yearslong prohibition on publicly displaying the Confederate flag outside of a handful of situations, such as educational or historical settings. However, it does not outright prohibit the public display of any other “potentially divisive” symbols. The new Coast Guard policy, which is set to take effect on Dec. 15 and was first reported by The Washington Post, is facing pushback. Democratic Sen. Jacky Rosen of Nevada said that “this updated policy rolls back important protections against bigotry and could allow for horrifically hateful symbols like swastikas and nooses to be inexplicably permitted to be displayed.” “At a time when antisemitism is rising in the United States and around the world, relaxing policies aimed at fighting hate crimes not only sends the wrong message to the men and women of our Coast Guard, but it puts their safety at risk,” she added. Admiral Kevin Lunday, acting commandant of the Coast Guard, said the policy does not roll back any prohibitions. “These symbols have been and remain prohibited in the Coast Guard per policy,” Lunday said in a statement, adding that “any display, use or promotion of such symbols, as always, will be thoroughly investigated and severely punished.” Lunday’s predecessor, Admiral Linda Fagan, was fired on President Donald Trump’s first day in office. Trump officials later said she fired in part for putting an “excessive focus” on diversity and inclusion efforts that diverted “resources and attention from operational imperatives.” The new policy explicitly says that “the terminology ‘hate incident’ is no longer present in policy” and conduct that would have previously been handled as a potential hate incident will now be treated as “a report of harassment in cases with an identified aggrieved individual.” Commanders, in consultation with lawyers, may order or direct the removal of “potentially divisive” symbols or flags if they are found to be affecting the unit’s morale or discipline, according to the policy. The Coast Guard is under the Department of Homeland Security, but it is still considered a part of America’s armed forces and the new policy was updated in part to be consistent with similar Pentagon directives, according to a Coast Guard message announcing the changes. It also has historically modeled many of its human resources policies on other military services. The policy change comes less than two months after Defense Secretary Pete Hegseth the policies were “overly broad” and they were “jeopardizing combat readiness, mission accomplishment, and trust in the organization.” The Pentagon could not offer any details about what the review was specifically looking at, if it could lead to similar changes as seen in the Coast Guard policy or when the review would be complete.
https://ktar.com/national-news/coast-guard-set-to-change-policy-to-call-swastikas-and-nooses-potentially-divisive/5779955/
Should nursing contracts be more like prix fixe menus?
This is a preview of the November 20 edition of Access Health-Tap here to get this newsletter delivered straight to your inbox. Here in Chicago, we have a Restaurant Week each year has released a study discrediting “pediatric sex rejecting procedures” for the treatment of gender dysphoria in children and teens. The study found “significant, long-term, and too often ignored or inadequately tracked” health effects from gender affirming treatments given to pediatric patients, according to a Wednesday news release from HHS, led by Health Secretary Robert F. Kennedy, Jr. The report’s authors included physicians from Duke University, University of South Florida and Baylor College of Medicine. The American Psychiatric Association participated in the review, but the American Academy of Pediatrics and the Endocrine Society refused HHS’ invitation to partake, according to the report. Health systems around the country are caught in the medical and political crossfires. As of August, at least 21 hospitals had discontinued some or all of their gender-affirming care services for transgender patients amidst increased pressure from President Donald Trump’s administration, NBC reported. The American Academy of Pediatrics and the American Medical Association released a joint statement on Wednesday, saying, “We reject selective or politically motivated interpretations of data that ignore the totality of research and clinical outcomes.” Click here for the full statement. You can view HHS’ report here. UMass Memorial Health Care She’s also the primary CEO of three of the eight medical groups in the Federation: the Mid-Atlantic Permanente Medical Group, the Permanente Medical Group in Northern California and the Northwest Permanente Medical Group in Oregon and part of Washington. Ansari oversees about 12, 000 physicians caring for a combined 6 million patients. We discussed how she’s preparing to support them into the future-especially as the Baby Boomer population ages, placing additional strain on an already-taxed health care system. Below, find some of her insights on how new care models and AI can lighten providers’ load. Editor’s Note: Responses have been lightly edited for length and clarity. How is The Permanente Federation planning to care for an aging population? We’re using a lot of different care models to look at this population, because [our plan] depends on the state. As an example, in Oregon, the birth rate is really low, and so the growth is in the Medicare line of business. What’s true across [all of our] markets is that we’re aging faster than we’re growing [the workforce], and so we have to really invest in caring for this older population. We know that for people over 65, close to 90 percent of them have at least one chronic medical condition, and 60 percent have at least two chronic medical conditions. People are living longer and they are carrying more disease burden. And so what we’re looking at from a population perspective is, how do we keep them living their best lives? How do we keep them healthy? How do we support them in this? Because they all look different, right? If you’ve seen one 80-year-old, you’ve seen one 80-year-old, because one might be playing tennis, another might be bedridden, and there’s everything in between. We have a few different pilots going on, but the general approach is moving care more and more upstream so that they don’t get the late-stage manifestation of their disease. If they have hypertension, [we want to ensure] that it’s under tight control, or if they have diabetes, that we’re controlling it so well that they don’t get hospitalized, because nobody wants to be in the emergency department. Frictionless, convenient access to care and care management systems help keep them healthy at home. That’s a mainstay throughout The Permanente Federation and all of our medical groups: care managers for chronic conditions. What we are doing differently right now is using AI to [identify patients that are at] the highest risk to be admitted, to have a fall, to have a heart attack, and really put wraparound services around them. We’re calling that Care Plus. We’ve been using that in Northern California, and we’re trying to spread it to some of the other markets. But the Care Plus model is basically a care team that includes a nurse, a pharmacist, a physician, a social worker and a care navigator. There are multiple [of those] groups of five that care for a population of patients that are at risk for getting sicker, and the AI alerts us to get involved, and they direct the right type of person on the team to address it. So if it’s a transport issue or a food insecurity issue, it might be the social worker. If it’s they’re running out of meds, it might be the pharmacist. Did Kaiser Permanente develop that AI tool internally, or are you working with a vendor? We do work with vendors on some of our AI tools. This particular AI tool is our own in-house AI tool [that] we use our electronic medical record for. We actually have 12. 6 million members across our entire enterprise, and use a predictive analytics model to determine who is most likely to get re-hospitalized, who’s more likely to deteriorate, and then alert the care team on what the gap is in terms of the need so that we can match them to the right member of the care team. It’s almost like AI is part of the care team-so we have a team-based approach, and AI is just one that is trying to match the patient to the right care team member. For most of their lives, patients over the age of 65 have been receiving care face-to-face, without much technological intervention. Are you concerned about integrating more digital tools into their care journey? Personally, I am not worried about it. They are not a monolithic group, and many of them are wearing wearables and are very tech savvy. They want real-time feedback. They want to have what we consider asynchronous interactions with their care team, where they can just [ask], “What do you think of this mole?” We piloted a [dermatology] app and had people send in pictures of their moles, and the AI algorithm helped tell them [if they were] going to have to see a doctor or if this could be managed with over-the-counter treatment. We had just as many older patients engaged in that as younger. In fact, the older patients are more likely to have some lesions that they’re more concerned about. So I’m very optimistic about our seniors embracing AI. We use AI in most of our clinic visits because we use Abridge and supplementing by looking for the metaphorical sunshine. Health care professionals are confronted with a lot of problems in their day-to-day: ill patients, declining reimbursement rates, staffing shortages. Naturally, a lot of our conversations focus on these issues; you have to examine them closely to find the solutions. But lately, I’ve really enjoyed hearing what industry leaders are excited about-what they feel is going right. This week, I saw some of those bright spots in my conversation with Dr. Alexa Kimball, president and CEO of Harvard Medical Faculty Physicians. Kimball told me that she sees progress when reflecting on her time in medicine, and that helps her keep a positive outlook. Here’s what she said: Editor’s Note: Responses have been lightly edited for length and clarity. “It’s been an incredible journey of watching the progress that medicine has made over the past 25 years, and an amazing privilege to be able to have been a part of it. “There are diseases that were so common and so problematic years ago, and today, this next generation of physicians has never even really seen the disease because it almost doesn’t exist anymore. “It’s been extraordinary to watch that, so I am very optimistic about the care that we bring to patients. We have to figure out how we support the physician enterprise effectively to bring the best care to patients, and AI has also made me optimistic about reducing some of doctors’ burdens to make them more effective. But we’re all in this together at the end of the day, and we’re not going to optimize the health care system unless all parts of it are really pulling the same direction, which, at the end of the day, should be about the care of the patients.” CEO Circle Insights from health care thought leaders around the world “A quiet paradox is unfolding in health care,” according to Dr. Lawrence Rosenberg, president and CEO of the Integrated Health & Social Sciences University Network for West-Central Montreal, and a member of Newsweek’s CEO Circle. Governments are focused on centralizing their health systems-but Rosenberg argues that they could become vulnerable to “intelligence bottlenecks” in the age of AI. Click here to read his thoughts.
https://www.newsweek.com/should-nursing-contracts-be-more-like-prix-fixe-menus-access-health-11084548
