Health-care payments company Waystar on Monday announced a new generative artificial intelligence tool that can help hospitals quickly tackle one of their most costly and tedious responsibilities: fighting insurance denials. Hospitals and health systems spend nearly $20 billion a year trying to overturn denied claims, according to a March report from the group purchasing organization […]
Across vehicle age groups, auction sales rose nearly 8% year-over-year in 2024 for 0–to-2-year-old vehicles, which includes a heavy mix of rental fleet units. Total full-year AuctionNet wholesale sales reached 6.74 million vehicles, up 9.6% versus 2023’s full-year total, according to AuctionNet data released Jan. 10. Auction sales have now increased for
Auction Vehicle Sales Mark Another Rebound Year Read More »
Moderna on Monday lowered its 2025 sales guidance by roughly $1 billion due to a few potential headwinds later this year, as the biotech company continues to cut costs and expand its portfolio. Moderna now expects 2025 revenue to come in between $1.5 billion and $2.5 billion, most of which will come in the second
Moderna stock plunges 18% after company lowers 2025 sales forecast by $1 billion Read More »
Amazon Web Services and venture capital firm General Catalyst on Monday announced a new multi-year partnership in their latest push to carve out a piece of health-care’s growing artificial intelligence market. Through the collaboration, General Catalyst portfolio companies will use AWS’ services to build and roll out AI tools for health systems more quickly. Aidoc,
AWS and General Catalyst partner to speed up development of health-care AI tools Read More »
NVIDIA CEO Jensen Huang unveiled Cosmos, a foundational AI model platform. As STEER Tech’s Anuja Sonalker describes Cosmos, “It has the potential to become what Chatgpt is for the non-physical world!” Consumer Technology Association (CTA)/CES Vehicles are computers on wheels. While the phrase has existed for three decades, the annual January pilgrimage
Hot Takes from CES 2025: The Fleet Perspective [Part 1] Read More »
The number of mega water infrastructure projects – those ranging from $350 million to over $1 billion – is growing across the U.S. Their success depends on teams with a specialized skill set and experience managing complexity. The United States loses an estimated 2.1 trillion gallons of water annually due to aging and deteriorating infrastructure,
The blueprint for success in mega water projects Read More »
Small cargo vans have been slowly transitioning out of the market, pushing many fleets to make the switch to pickup trucks. Pickup truck equipment makes the transition easier to fit the same tools and equipment into a smaller space, but many are finding truck caps to be problematic. Common issues include security,
5 Truck Topper Pain Points — Solved Read More »
In its last few days of power, the Biden administration is expected to officially propose a limit on nicotine in cigarettes. It’d be a last-minute move to push back against the tobacco industry after President Joe Biden failed to finalize a long-standing pledge to ban menthol cigarettes. The proposal, which could come as soon as Monday, is not
Biden's last chance to tackle tobacco: Limiting nicotine levels in cigarettes Read More »
Fellows are selected based on their demonstrated leadership, contribution to the industry, and evidence of strategic thinking and innovation. Photo: NAFA/Automotive Fleet NAFA is rolling out a new program to honor distinguished fleet professionals who have made major contributions to the fleet industry and to NAFA itself. Applications are now open for
Do You Have What it Takes to be a NAFA Fellow? Read More »
A few years ago, when Virta Health founder and CEO Sami Inkinen approached employers about leveraging the company’s nutrition-oriented digital diabetes program for obesity-related weight loss, most companies weren’t ready to commit. Now, more employers are all in on nutritional counseling and coaching as they grapple with rising costs for diabetes and weight loss drugs
