Connect with us

Technology

Parachute Health Launches Integrated Solution of DME Ordering with Prior Authorization

Published

on

Newly Embedded Prior Authorizations in the Parachute Platform Reduce Costs and Streamlines Administration for Health Plans, DME/HME Providers, and Clinicians

NEW YORK, June 17, 2024 /PRNewswire/ — Parachute Health, the platform empowering simple DME and HME ordering, announces the launch of its groundbreaking collaboration with two of the largest healthcare companies to revolutionize DME ePrescribing and now prior authorization while reducing costs for health plans, DME providers and clinicians. Through the new platform functionality, Parachute Health now uniquely streamlines the prior authorization process to reduce friction at the point of care and improve patient outcomes.

This collaboration solves the prior authorization burden that has long plagued clinicians and DME providers alike and resulted in significant delays, provider burnout, and patient dissatisfaction. The new integrated solution eliminates this pain point by embedding prior authorization workflows directly into the prescribing process. This liberates providers from an arduous back-and-forth authorization process, allowing them to focus on delivering exceptional patient care.

“Growing up in a healthcare family, watching my sister as a doctor, mom as a nurse, and family’s pharmacy, I witnessed firsthand how time-intensive and opaque the process was to obtain an authorization. I am excited to be streamlining the ordering and authorization process by partnering with payors and building the necessary cost-controls to eliminate the current administrative burden that all stakeholders face,” said David Gelbard, CEO and Founder of Parachute Health. “As Parachute continues to scale our revolutionary open e-prescribing platform nationally, it is exciting that we are now able to embed prior authorizations into the point-of-care ordering process. This collaboration is a mission-driven solution that benefits all stakeholders – reducing costs for payors, liberating clinicians from burdensome processes, and freeing providers to focus on what matters most: caring for patients.”

As the leading digital platform for DME and HME ordering, Parachute Health empowers over 220,000 clinicians and 3,000 supplier locations to deliver exceptional patient care. While health plans historically have little to no visibility into legacy fax-based DME ordering processes, Parachute Health provides transparency for payors and clinicians into the ordering workflow. This is a more reliable process for DME providers and provides better care for patients.

With a proven record enabling millions of patients to receive the life-saving products and services they need since 2016, Parachute Health’s open ecosystem powers DME/HME providers to maintain direct relationships with clinicians and patients. Parachute Health’s flexible platform allows clinicians and patients to select their DME/HME providers of choice.

Through this collaboration Parachute Health’s open solution guarantees health plans shared savings while empowering clinicians and patients the freedom to choose their medical equipment and provider, and powering DME/HME providers to maintain control over their own businesses that they have worked hard to build.

The Parachute Platform is a comprehensive digital DME and HME solution:

Delightfully Simple Ordering Experience: Order DME in 3 minutes or less with real-time digital chat, documentation generation, and flexible workflowsEmbedded Prior Authorization: Streamline prescribing workflow at the point of careFull Interoperability: Seamless integration with existing EHRs & other health IT systemsStreamlined Intake: Transparent documentation removes billing uncertaintiesClinician Relationship Building: Sales Rep App to guide supplier-clinician interactionsConvert Held Orders: Tools to reduce bad debt and convert referrals to digitalRenewals by Parachute: Automated signature & documentation collectionReports by Parachute: Full visibility into how to optimize cost & grow patients on serviceTrack My Order: Transparency for patients into their DME/HME orders

To learn more about Parachute Health’s transformative ePrescribing solution, please visit www.parachutehealth.com or contact info@parachutehealth.com.

About Parachute Health:

Parachute Health is a leading provider of technology solutions designed to solve challenges across the DME/HME industry. With a mission to liberate providers from overly complex processes and administrative burdens, Parachute Health’s open platform approach empowers providers to focus on patient care and powers suppliers to optimize their business. Payors, patients, and manufacturers all win by gaining transparency to manage the complexity of DME.

View original content to download multimedia:https://www.prnewswire.com/news-releases/parachute-health-launches-integrated-solution-of-dme-ordering-with-prior-authorization-302174343.html

SOURCE Parachute Health

Continue Reading

Technology

uSMART Securities Singapore Marks Third Branch Opening in Bugis with Lion Dance and K-pop

Published

on

By

SINGAPORE, Nov. 14, 2026 /PRNewswire/ — uSMART Securities Singapore officially opened its third branch at 516 North Bridge Road, #01-00, Singapore 188740 expanding its physical presence in Singapore with a new uSMART Investor Hub. The opening was marked by a private ceremony featuring a speech, a traditional lion dance and a K-pop dance performance, bringing together the uSMART team, esteemed guests and partners.

The Bugis opening marks another milestone in uSMART’s expansion in Singapore, following the launch of its first local branch at Robinson Road in July 2025 and its Somerset branch in October that year. The new branch reflects the company’s approach of combining digital trading with face-to-face support, offering clients an additional location to make enquiries, receive assistance with account opening and engage directly with the team.

Speaking at the ceremony, Mr Eng Thiam Choon (TC Eng), Chief Operating Officer of uSMART, highlighted the importance of maintaining physical branches alongside digital brokerage services. Clients may appreciate the opportunity to discuss opening their first investment account, gain a better understanding of products available on the app or receive assistance with any issues.

“Customers should have a choice in how they deal with us. If they’re comfortable doing everything on the app, that’s fine. If they’d prefer to come in and talk, we want to make that possible too,” said Mr Eng.

Drawing on its experience operating branches in Hong Kong, uSMART has tailored this approach to the Singapore market through ongoing engagement and conversations with local clients.

Mr Eng also highlighted the importance of understanding different trading rules, currency exposure and diversification as investors explore more markets. Seminars and conversations with the branch team will support these learning opportunities, equipping clients with the knowledge and information they need to make informed investment decisions.

“You don’t need to come with a decision already made. You can come with a question,” said Mr Eng.

Beyond the opening celebrations, Mr Eng highlighted the importance of consistent client service through attentive listening, clear communication and following through on commitments.

About uSMART Securities (Singapore) Pte. Ltd.

Established in March 2021, uSMART Securities (Singapore) Pte. Ltd. is the Singapore entity of uSMART Group, which holds a Capital Markets Services licence issued by the Monetary Authority of Singapore (MAS) (Licence No. CMS101161).

Through the uSMART platform, the company provides access to stocks across global markets, as well as ETFs, options, futures, funds, Contracts for Difference (CFDs) and forex products. Its services include digital trading tools and client account support.

In addition to its digital trading platform, uSMART offers structured investment solutions, including Fixed Coupon Notes (FCNs), catering to investors with different investment objectives and risk preferences. Through its growing network of physical branches, the company also provides face-to-face assistance, investor education and account support, complementing its digital services.

Branch Address

uSMART Securities – Bugis Branch
516 North Bridge Road, #01-00
Singapore 188740

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/usmart-securities-singapore-marks-third-branch-opening-in-bugis-with-lion-dance-and-k-pop-302939511.html

SOURCE uSMART Securities (Singapore) Pte. Ltd.

Continue Reading

Technology

Chinese Team Drops a “Game-Changer”: Motphys Launches MotrixSim 1.0, Sparking Industry Buzz

Published

on

By

BEIJING, Nov. 14, 2026 /PRNewswire/ — If the global expansion of Chinese-made robots defined the hardware boom in the first half of the embodied AI race, the second half will be won by those that can bring down the high cost of real-world trial and error and make robot training more universal and accessible. In this underlying physics engine race long dominated by Western players, a Chinese team is now bringing a potential game-changer to the field.

Recently, Chinese company Motphys was invited to attend CoRL 2026, where it showcased its fully in-house embodied intelligence simulation engine—MotrixSim 1.0. In extreme benchmark tests against leading international physics engines, MotrixSim 1.0 demonstrates extraordinary capabilities: overwhelming established open-source engines in the contact and grasping test and vastly surpassing mainstream GPU-accelerated simulation platforms in training efficiency.

In the past, simulation was primarily used for error-proof verification at the end of the design phase. But in the era of embodied AI, AI requires massive amounts of interaction experience.

“Simulation once served to validate how machines perform. Now, it is where they learn how to perform,” said Zhang Heng, co-founder and CTO of Motphys. Simulation has evolved from a “post-design validation tool” into a “physical experience production system”. To power this system, Motphys builds its physics engine entirely in-house, developing the core from the ground up in Rust rather than building on existing open-source engines. This equips MotrixSim 1.0 with strong memory safety and computation power, enabling it to compete with established international players at the underlying architecture level.

True technical strength is proven in extreme tests.

In a “devil-level” disturbance-rejection grasping test where a Franka arm grasps objects of different shapes, MotrixSim 1.0 is the only engine to achieve a 100% pass rate at both 2 ms and 10 ms simulation step sizes. In the microscopic critical friction point test, MotrixSim exhibits hold-and-slip behavior near the critical friction consistent with Coulomb’s law, achieving 0mm slip distance.

In terms of compute and training efficiency. Through its unique pipeline supporting CPU/GPU parallel computation, MotrixSim can achieve a physics simulation throughput of millions of physics steps per second across 4,096 parallel environments. In a controlled comparison conducted on the G1 whole-body tracking task, under the same task environment configuration and the same RL algorithm, MotrixSim reaches the current tracking score in about 10.2 minutes of end-to-end time, while the Isaac Sim-based solution takes 130.8 minutes—a gap of about 12.8×.

Furthermore, for the Strandbeest complex closed-loop mechanism with 92 linkages, when traditional engines fail to maintain the stability of the mechanism at a large time step of 5ms, MotrixSim solves closed-loop constraints together with the multibody dynamics in generalized coordinates, so the mechanism maintains its assembly relationships during motion.

Beyond extreme physical conditions and compute, MotrixSim 1.0 has achieved breakthroughs in multimodal perception and developer experience: LiDAR simulation throughput reaches 124 million rays per second; visual synthesis maintains stable throughput even when resolution surges 16 times. In terms of developer experience and industrial deployment, MotrixSim 1.0 streamlines development with high-speed solving in a single line of code (98.42% success rate) and a “zero-conversion + AI auto-modeling” workflow. Forge is also launched as the industry’s first Blender-based extension tool, enabling AI Agents to automatically generate physics scenes.

Zhang Heng emphasized that the core proposition of Physical AI is to transform expensive and slow “real-world physical experience” into digital learning resources that can be generated at scale.

Motphys’s relevant research has been accepted to top international conferences such as RSS and CoRL, and the company has built a simulation and real-robot training center for embodied AI in China. Currently, the world’s leading physics engines primarily include Google’s MuJoCo and NVIDIA’s Isaac Sim.

View original content:https://www.prnewswire.com/news-releases/chinese-team-drops-a-game-changer-motphys-launches-motrixsim-1-0–sparking-industry-buzz-302939513.html

SOURCE Motphys

Continue Reading

Technology

HiTHIUM Partners with the University of Cambridge to Advance International Industry-Academia Collaboration in Long-Duration Energy Storage

Published

on

By

XIAMEN, China, Nov. 14, 2026 /PRNewswire/ — On November 12, the Global Energy Storage Colloquium was held in Xiamen. During the colloquium, HiTHIUM and the University of Cambridge signed a memorandum of understanding (MoU), establishing a strategic partnership. The two parties will collaborate on frontier scientific research, key technology innovation and industrial applications in battery energy storage, bringing academic research into closer alignment with industry needs and exploring new models for international industry-academia collaboration. The partnership aims to contribute to the advancement of global energy storage technology and the industry.

The UK has a strong track record in the development of modern battery technologies and fundamental research. The University of Cambridge is one of the world’s leading universities, with internationally recognized expertise in engineering, materials science and fundamental research. As a leading global energy storage technology company, HiTHIUM has long focused on energy storage technology development and commercialization. It continues to advance integrated research and innovation across the value chain, from high-capacity energy storage cells to long-duration energy storage systems and grid integration technologies.

The collaboration is intended to bring internationally leading academic research into closer engagement with innovation across China’s energy storage industry. The University of Cambridge’s strengths in fundamental science, materials research and engineering will offer new perspectives and approaches to key scientific questions and emerging technologies in energy storage. HiTHIUM will bring its experience in long-duration energy storage (LDES), product development and large-scale deployment, connecting research with real industry needs and application scenarios, and supporting the engineering validation and commercialization of research outcomes. By drawing on the strengths of both research and industry, the partnership will strengthen the links between frontier innovation and practical applications.

Under the cooperation plan, the two parties will establish joint management and research collaboration mechanisms, bringing together academic resources and corporate R&D capabilities. They will work together to plan research projects, facilitate scientific exchange and support the translation of research outcomes, strengthening connections between fundamental research, technology development and industrial applications so that innovation in energy storage can better serve industry needs.

The partnership also marks an important step in HiTHIUM’s efforts to expand its international innovation network. Building on this collaboration with the University of Cambridge, HiTHIUM will further strengthen academic exchanges and research partnerships with leading universities and research institutions around the world. By bringing together international research resources and talent, the company aims to encourage collaboration across disciplines and technology fields, explore the development of technologies such as LDES from a global perspective, and bring technical challenges and application needs from the front lines of industry into research and innovation. This will help research and industrial practice reinforce one another.

View original content to download multimedia:https://www.prnewswire.com/news-releases/hithium-partners-with-the-university-of-cambridge-to-advance-international-industry-academia-collaboration-in-long-duration-energy-storage-302939492.html

SOURCE HiTHIUM

Continue Reading

Trending