Upcoming Services Events
Economic Outlook by Alan Blinder
Markets can be funny beasts. When Federal Reserve watchers and traders woke up Wednesday morning, virtually all of them expected the Fed to raise its range for the federal funds rate by 25 basis points. That’s exactly what the Fed did. It also made only minimal changes in its statement and it barely moved its multi-year forecast. You could almost hear Chair Janet Yellen mumbling to herself, “Let’s make as little news as possible.” Yet markets reacted as if they’d been hit by a hawkish surprise: stock fells, the dollar rose, and bond yields ratcheted up. Odd.
AHPT Announces New Provider Partners in Texas
The Premier Provider program was created to promote the use of providers offering high quality services on a transparent, bundled, cash price basis. Since 2011, AHPT banks have saved more than $9 million in claims! The savings are so great that participants’ deductibles and coinsurance are waived for eligible services performed at Premier Providers. Since AHPT is self-funded, these savings belong to the membership and help offset future rate adjustments. The newest Premier Provider, Texas Free Market Surgery, offers pricing at two locations in Austin.
When participants fully understand the impact of healthcare costs, they view their buying decisions differently. Participants even take the initiative to negotiate a fair price with providers in their local communities using the Premier Provider pricing as a reference. Victoria Eye Center and Graham Regional Medical Center are two providers who have agreed to partner with AHPT and match the fair price of another Premier Provider for a local participant! Competition, even in healthcare, drives costs down while increasing quality and efficiency!
For a list of all Premier Providers and to learn more about Advantage Health Plans Trust, visit www.advantagehealthplans.com.
IBAT Services Welcomes New Board Members
The Independent Bankers Association of Texas (IBAT) is proud to announce the election of Shay Iacoponelli, David Kapavik, Sharon Lee and Kevin Monk to the IBAT Services, Inc. Board of Directors. Together, they bring more than 75 years of experience in the banking indusry.
As members of the IBAT Services Board of Directors, they join a select group of Texas community bankers charged with recommending products and services for endorsement by IBAT.
CSI Named Among Top 100 Financial Technology Providers
PADUCAH, Ky., Sept. 16, 2015 – Computer Services, Inc. (CSI) (OTCQX:CSVI), a provider of end-to-end financial technology solutions, has been recognized for the fourth consecutive year as a top technology provider, as part of the IDC Financial Insights 2015 FinTech Rankings. Known as the most comprehensive international vendor ranking in the financial services industry, the annual listing highlights top global technology providers that derive more than one-third of their revenue from financial institutions.
CSI ranked 64th on the list of financial technology companies that were evaluated based on their global revenues, demonstrating the company’s role as a valued technology provider for financial institutions across the U.S.
CSI Reaches “Golden” Milestone in 2015
This year marks a significant milestone for Computer Services, Inc. (CSI), an IBAT endorsed service provider and a leading provider of financial technology solutions. In March, the company surpassed its 50th year in service to the financial industry.
Originally founded in 1965, CSI began with just six employees supporting the company’s three original customers. Today, the company ranks as the fifth largest banking core provider in the U.S., boasting more than 1,100 employees serving customers nationwide.
CSI is casting its vision for the future with a new long-term strategic plan that will allow the company to sustain the positive momentum it’s achieved over the past five decades. This includes its continued focus on providing the highest levels of customer service in the industry, as well as an ongoing commitment to delivering proven technology solutions that help community banks become more competitive, compliant and profitable.
You can learn more about CSI at www.csiweb.com.