Easing the reporting burden
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AI Assistant Shows Promise in Easing Value-Based Care Burdens
A year-long study by Phyx Primary Care, a non-profit innovation lab, has revealed that an AI Assistant can significantly help physicians navigate the complexities of value-based care. The research evaluated Navina’s AI Copilot, a tool designed to synthesize fragmented patient data into actionable insights at the point of care, supporting clinical decision-making, documentation, and coding. The results were notable:40% reduction in clinical review time for complex patient visits, streamlining physician workflow. 32% decrease in physician burnout, addressing a critical issue in the medical field.
– A year-long study by Phyx Primary Care, a non-profit innovation lab, has revealed that an AI Assistant can significantly help physicians navigate the complexities of value-based care (VBC) while simultaneously reducing associated administrative burdens and burnout.
– The research evaluated Navina’s AI Copilot, a tool designed to synthesize fragmented patient data into actionable insights at the point of care, supporting clinical decision-making, documentation, and coding.
– The findings come as primary care increasingly shifts from traditional fee-for-service (FFS) payment models to VBC, a system aimed at delivering better patient outcomes at a lower cost. However, this transition introduces layers of complexity for physicians, including intricate risk adjustment, quality management demands, and varied payer requirements, all of which contribute to increased workload and potential burnout.
AI Copilot: Reducing Burden, Enhancing VBC Performance
The study demonstrated that Navina’s AI Assistant successfully reduced administrative tasks, improved the quality of clinical documentation, and enhanced overall performance under value-based payment models. Crucially, rather than adding to physicians’ workloads, the AI tool enabled them to meet complex reporting requirements with greater ease.
A key function of the AI assistant highlighted in the study is its ability to help identify undiagnosed conditions. This capability leads to improved diagnostic accuracy and fosters better patient engagement. Consequently, physicians can more effectively manage chronic conditions and ensure appropriate reimbursement based on the complete picture of patient complexity.
One participating physician underscored this benefit, stating, “It’s no longer enough to recapture old codes. The Assistant finds diagnoses buried in the record – things I’d miss. That can be the difference between staying afloat or falling behind.”
Key Findings from the Phyx Primary Care Study
The research involved 120 physicians across 19 practices who used the Navina AI Assistant for at least 30 days. The results were notable:
40% reduction in clinical review time for complex patient visits, streamlining physician workflow.
32% decrease in physician burnout, addressing a critical issue in the medical field.
94% of physicians reported the AI Assistant was easy to access and use, indicating high usability.
92% of physicians highly trusted the Hierarchical Condition Category (HCC) suggestions provided by the AI, crucial for accurate risk adjustment.
Furthermore, the broader impact on the surveyed practices, encompassing a total of 3,100 physicians using the AI Assistant, showed significant improvements in key value-based care metrics:
Exclusive: US exchanges, SEC in talks to ease public company regulations
U.S. exchange operators are in talks with the Securities and Exchanges Commission on easing regulatory burdens for public companies. Reforms under discussion range from reducing the quantum of disclosures and the costs of going public to making it harder for minority investors to agitate. Talks come amid a renewed push to ease regulations under President Donald Trump, whose administration has said it wants to do so to spur economic growth. Some market experts said these discussions could mark the most significant push to introduce regulatory reform for companies since the Jumpstart Our Business Startups Act was signed into law by former President Barack Obama in 2012. The talks involve the SEC, Nasdaq and the New York Stock Exchange, according to four people familiar with the matter. The discussions zero in on regulations that make it hard for companies to list and then stay public, the sources said. The conversations also include making it easier for companies that went public through special purpose acquisition companies (SPACs) to raise capital, sources said, adding that the talks have been ongoing for several months.
Item 1 of 2 The Nasdaq logo is displayed at the Nasdaq Market site in Times Square in New York City, U.S., December 3, 2021. REUTERS/Jeenah Moon
Summary
Companies SEC, Nasdaq, NYSE discuss easing disclosure rules for public companies
Reforms aim to curb some minority investor proxy proposals
Public company numbers down 36% since 2000, Nasdaq data shows
Talks ongoing for several months amid Trump’s deregulatory push
Efforts include easing SPAC-related capital raising
NEW YORK, June 25 (Reuters) – U.S. exchange operators are in talks with the Securities and Exchanges Commission on easing regulatory burdens for public companies, as they seek to encourage more richly valued startups to list, according to four people familiar with the matter.
These deliberations, the details of which are reported here for the first time, involve the SEC, Nasdaq and the New York Stock Exchange. The reforms under discussion range from reducing the quantum of disclosures and the costs of going public to making it harder for minority investors to agitate, the sources said, requesting anonymity as they were not authorized to speak publicly.
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The talks, which the sources said have been ongoing for several months, come amid a renewed push to ease regulations under President Donald Trump, whose administration has said , opens new tab it wants to do so to spur economic growth
Taken together, some market experts said these discussions could mark the most significant push to introduce regulatory reform for companies since the Jumpstart Our Business Startups Act was signed into law by former President Barack Obama in 2012, and build on efforts seen during Trump’s first term.
“The numbers are very clear that companies are staying private longer,” Nasdaq President Nelson Griggs told Reuters. Griggs said the exchange operator has discussed making public markets more attractive with regulators in Washington but did not specify which agencies.
“We need to make the public markets attractive because that is really how you democratize access to these companies. So it’s a big focus of ours,” Griggs said. Nasdaq has publicly made the case , opens new tab for easing burdens by using remedies such as the modernization of the process for proxy filings.
In a statement to Reuters, Jaime Klima, general counsel of NYSE Group, said the exchange will “continue to advocate for our listed companies with regulators and policymakers.”
“We strongly believe that effective and efficient regulation is key to maintaining the attractiveness of our markets,” Klima said, without specifying any specific discussions ongoing.
The SEC, led by new chairman Paul Atkins, said it is looking to ease rules that can impede capital formation.
“The SEC is considering addressing regulatory burdens that undermine capital formation, including (ensuring) that initial public offerings are again something companies are eager to do,” a spokesperson for the agency said.
The SEC did not comment on specific discussions it has held with exchanges and other stakeholders.
However, relaxing rules around disclosure requirements and reducing costs of going public or remaining listed often come at the expense of investors, who face heightened risk of loss when regulations are cut, experts say.
“Historically, investors and issuers have viewed the U.S. capital markets as the best in the world. That’s because of the regulatory system,” said Jill Fisch, a University of Pennsylvania professor of business law. “It’s because if there’s full information markets function better. Securities are priced more accurately. That’s good for everyone.”
REGULATORY ROLLBACK
The discussions zero in on regulations that make it harder for companies to list and then stay public, according to the sources.
One area in focus is an overhaul of current proxy processes, which involves information that companies have to provide shareholders to allow them to vote on various matters.
The reform would make it harder for activist shareholders with small stakes to launch proxy contests and curb repetitive proxy proposals from minority investors, the sources said. It would also lead to less onerous disclosure requirements in preliminary proxy filings, according to the sources.
Another effort involves making it less expensive for companies to list on exchanges and remain public by reducing fees associated with listing, the sources said.
The conversations also include making it easier for companies that went public through deals with special purpose acquisition companies (SPACs) to raise capital, the sources said. In recent years, the SEC had cracked down on SPACs, in which a firm goes public by selling itself to a listed shell company, as a work around listing regulations.
The rollbacks would also make it easier for public companies to raise capital by selling additional shares through follow-on offerings, they said.
REGULATION BUILDUP
Public companies have witnessed a buildup in disclosure requirements since the landmark 2002 Sarbanes-Oxley law. Periods of market stress, such as the 2008 global financial crisis, the SPAC boom and meme stock trading in the aftermath of the COVID-19 pandemic, led to heightened regulatory oversight of corporate behavior.
The SEC has over the years increased disclosure requirements on a variety of issues, including climate, cybersecurity, risk factors, and proxy reporting, according to capital markets experts.
For instance, when Apple (AAPL.O) , opens new tab went public in 1980, its IPO prospectus was 47 pages, according to a copy of the prospectus.
That compares with a current typical IPO prospectus of 250 pages, including significant generic language around risk factors, said Jay Ritter, a finance professor at the University of Florida.
There have been previous efforts to roll back regulation for public companies. The JOBS Act helped facilitate confidential IPO filings that allow companies to submit their registration paperwork privately to the SEC, away from the scrutiny of investors.
Rollbacks also happened during President Trump’s first term when then SEC chair Jay Clayton pushed for a lighter touch on regulation, including curbing some provisions of major laws such as the Dodd-Frank Act.
PUBLIC COMPANY SHRINKAGE
Since 2000, the number of public companies listed on U.S. exchanges has declined 36% to 4,500, according to figures compiled by Nasdaq.
Some companies have chosen to stay away from IPOs to avoid what they see as onerous disclosure requirements, additional regulatory scrutiny, and the costs associated with going public, said two people familiar with the matter, citing Elon Musk’s SpaceX as being reluctant to list.
SpaceX did not immediately respond to requests for comment.
However, easing regulatory burdens may not result in an overnight change.
“Do I think there’s going to be a bull rush to the door for IPOs because of the rulemaking (from the SEC)? Probably not,” said Dave Peinsipp, co-chair of the global capital markets group at law firm Cooley. He said it would be heavily dependent on returns and valuations companies can get.
Reporting by Anirban Sen in New York; Additional reporting by Chris Prentice and Krystal Hu; editing by Megan Davies, Paritosh Bansal and Nick Zieminski
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EBA Proposes Streamlined ESG Disclosure Rules to Ease Compliance Burden on Banks
The European Banking Authority (EBA) has launched a public consultation to amend ESG disclosure requirements under the CRR3 framework. Small and medium-sized banks gain simplified ESG reporting obligations; large listed banks face no new requirements. The amended disclosure rules expand the scope of ESG risk disclosures to all institutions and refine the reporting process for shadow banking and equity exposures. The EBA is also incorporating updated statistical codes (NACE) and adjusting the Green Asset Ratio (GAR) templates.
Tailored approach: Small and medium-sized banks gain simplified ESG reporting obligations; large listed banks face no new requirements.
Small and medium-sized banks gain simplified ESG reporting obligations; large listed banks face no new requirements. Implementation support: Transitional measures and supervisory flexibility will help institutions adapt to new disclosures.
Transitional measures and supervisory flexibility will help institutions adapt to new disclosures. Alignment with EU taxonomy: Updates align ESG disclosure templates with the Green Asset Ratio and EU sustainability taxonomy.
The European Banking Authority (EBA) has launched a public consultation to amend ESG disclosure requirements under the CRR3 framework, aiming to simplify compliance while enhancing transparency and consistency.
This initiative supports the European Commission’s omnibus proposal to cut reporting costs and streamline sustainability reporting. The revised framework proposes a proportionate approach based on institution size, complexity, and listing status, offering simplified requirements for smaller and non-listed banks. For large listed banks, no new ESG obligations are introduced.
“This proposal specifies enhanced and proportionate disclosure requirements related to ESG-related risks, equity exposures and aggregate exposure to shadow banking entities.”
The amended disclosure rules expand the scope of ESG risk disclosures to all institutions and refine the reporting process for shadow banking and equity exposures. The EBA is also incorporating updated statistical codes (NACE) and adjusting the Green Asset Ratio (GAR) templates to ensure permanent alignment with the EU Taxonomy Regulation.
RELATED ARTICLE: EBA Launches New ESG Dashboard to Track Climate Risk in EU Banking Sector
“The EBA has designed a proportionate approach for ESG disclosures based on the institution’s type, size and complexity.”
To ease adoption, the EBA proposes transitional provisions and supervisory flexibility. These include a “no-action” letter advising regulators not to prioritize enforcement of specific ESG disclosure templates during the transition phase, particularly for large and listed institutions.
“To clarify expectations, ensure consistency and reduce operational burden… the EBA is encouraging supervisory flexibility.”
Additionally, the EBA is updating its mapping tool to help banks align their Pillar 3 disclosures with supervisory reporting, facilitating clearer and more consistent communication of ESG risk.
The consultation is open until 22 August 2025.
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Trump eases auto tariffs burden as Lutnick touts first foreign trade deal
U.S. President Donald Trump signs a deal with India to ease some of his tariffs on auto parts. The deal is the first of its kind and is expected to be implemented by the end of the year. The U.S.-India deal is part of a larger plan to reduce the number of foreign-made parts in the U.N. supply chain. The United States is the largest supplier of auto parts to India, followed by China. The agreement is expected be implemented over the next few years. The move is seen as a way to ease the pressure on the auto industry, which has been hit hard by the Trump administration’s policies. It is the latest in a series of moves by the White House to try to make the auto sector more competitive. The White House says it is working with the Indian government on the deal, but it is not yet clear if it will be implemented. It’s the first time the United States has reached an agreement with a foreign country on a bilateral trade deal.
Companies US Commerce chief Lutnick says he negotiated a trade deal
Trump headed to Michigan on eve of 100th day in office
Poll shows poor ratings for Trump on the economy
GM delays earnings call to incorporate Trump’s tariff move
UPS, bracing for tariffs to hit, plans to cut 20,000 jobs
WASHINGTON/DETROIT, April 29 (Reuters) – U.S. President Donald Trump signed a pair of orders to soften the blow of his auto tariffs on Tuesday with a mix of credits and relief from other levies on materials, and his trade team touted its first deal with a foreign trading partner.
The developments helped eased some investor worries about the erratic trade policies of Trump as the president visited Michigan, a cradle of the U.S. auto industry, just days before a fresh set of 25% import taxes was set to kick in on automotive components.
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The trip, on the eve of his 100th day in office, came as Americans take an increasingly dim view of Trump’s economic stewardship, with indications his tariffs will weigh on growth and could drive up inflation and unemployment.
In his latest partial reversal of tariff policies, the Republican president agreed to give carmakers two years to boost the percentage of domestic components in vehicles assembled domestically.
It will allow them to offset tariffs for imported auto parts used in U.S.-assembled vehicles equal to 3.75% of the total value of the Manufacturer’s Suggested Retail Price of vehicles they build in the U.S. through April 2026, and 2.5% of U.S. production through April 30, 2027.
Auto industry leaders had lobbied the administration furiously during the weeks since Trump first unveiled his 25% tariffs on imported vehicles and auto parts. The levies, aimed at forcing automakers to reshore manufacturing domestically, had threatened to scramble a North American automotive production network integrated across the U.S., Canada and Mexico.
It offers the industry a “little relief” as companies invest in more U.S. production, Trump said as he left Washington for Michigan. “We just wanted to help them … if they can’t get parts, we didn’t want to penalize them.”
The White House said the change will not affect the 25% tariffs imposed last month on the 8 million vehicles the United States imports annually.
Autos Drive America, a group representing Toyota Motor, Volkswagen, Hyundai and nine other foreign automakers, said Trump’s order provided some relief “but more must be done in order to turbocharge the U.S. auto industry.”
MORE TARIFF UNCERTAINTY
Candace Laing, president of the Canadian Chamber of Commerce, said the tariff fix fell short of what companies in the deeply integrated North American industry needed.
“Only an end to tariffs provides real relief. Ongoing ups and downs perpetuate uncertainty, and uncertainty drives away business for both Canada and the U.S,” she said in a statement.
The uncertainty unleashed across the auto sector by Trump’s tariffs remained on full display Tuesday when GM pulled its annual forecast even as it reported strong quarterly sales and profit. In an unusual move, the carmaker also opted to delay a scheduled conference call with analysts until later in the week, after the details of tariff changes were known.
Item 1 of 2 Automobiles at the shipping terminal are shown from the view of a drone in San Diego, California, U.S., March 26, 2025. REUTERS/Mike Blake [1/2] Automobiles at the shipping terminal are shown from the view of a drone in San Diego, California, U.S., March 26, 2025. REUTERS/Mike Blake Purchase Licensing Rights , opens new tab
Meanwhile, U.S. Commerce Secretary Howard Lutnick told CNBC he had reached a deal with one foreign power that should permanently ease the “reciprocal” tariffs Trump plans to impose. Lutnick declined to identify the country, saying the deal was pending local approvals.
“I have a deal done … but I need to wait for their prime minister and their parliament to give its approval,” he said.
White House officials had no further comment on the country in question, but Trump struck an upbeat tone about a deal with India, telling reporters: “India is coming along great. I think we’ll have a deal with India.”
Lutnick’s comments helped further lift stock prices that had been battered by Trump’s moves to reshape global trade and force goods makers to shift production to the U.S. The benchmark S&P 500 Index (.SPX) , opens new tab closed 0.6% higher for a sixth day of gains, its longest streak of gains since November.
WRONG ON EVERY PREDICTION
Trump and his team aim to strike 90 trade deals during a 90-day pause on his reciprocal tariffs announced earlier in April. His administration has repeatedly said it was negotiating bilateral trade deals with dozens of countries.
A chief Trump goal is to bring down a massive U.S. goods trade deficit, which shot to a record in March on a surge of imports aimed at front-running the levies.
Trump’s aggressive trade stance has cascaded through the global economy since his return to office in January, and the 90-day pause was unveiled after fears of recession and inflation sent financial markets into a tailspin.
Easing the impact of auto levies is Trump’s latest move to show flexibility on tariffs which have sown turmoil in financial markets, created uncertainty for businesses and sparked fears of a sharp economic slowdown. A Reuters/Ipsos poll published Tuesday showed just 36% of respondents approve of his economic stewardship, the lowest level in his current term or in his 2017-2021 presidency.
Meanwhile, the U.S. will release the first quarterly report on U.S. gross domestic product during Trump’s term on Wednesday. It is expected to reflect a large drag from his tariffs, mostly from a record surge in imports as companies and consumers front-loaded purchases of foreign goods to try to beat the new levies. The economy is expected to have expanded at a 0.3% annualized rate from January through March, according to a Reuters poll of economists, down from 2.4% in the final three months of 2024.
American and global companies are increasingly sounding the alarm about the tariffs’ effects on their ability to plan.
About 40 companies worldwide have pulled or lowered their forward guidance in the first two weeks of first-quarter earnings season, a Reuters analysis showed.
“Every single prediction has been proved to be wrong,” Yannick Fierling, Electrolux CEO, told Reuters. “I’m surprised if people are claiming they have a view where tariffs are going.”
Reporting by David Lawder and David Shepardson in Washington and Ismail Shakil in Ottawa; Writing by Dan Burns; Editing by Doina Chiacu, David Gregorio, Daniel Wallis and Lincoln Feast.
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EPA applauded for easing regulatory “burdens” on farmers using insecticides
The EPA has been dogged for years by litigation over allegations it was failing to comply with the Endangered Species Act in its pesticide regulations. The US counts more than 1,000 species listed as either endangered or threatened. The EPA acknowledges that chemical “stressors, such as pesticides,” can contribute to population declines of listed species. Still, the agency made several changes to the prior plan, saying the new strategy will provide more flexibility for pesticide users.“The EPA’s job isn’t to protect large agricultural corporations. Its job is to protect the environment,’ said Jonathan Lundgren, who worked as a USDA scientist from 2004-2016. “The ones that benefit are the large foreign-owned corporations that have parasitized our farmers for too long,“ Lundgren said of the new EPA strategy for insecticide use.
Echoing the industry applause, US Secretary of Agriculture Brooke Rollins thanked the EPA for “unleashing regulatory burdens” on farmers and ranchers through its new strategy for insecticide use, changes that include reducing buffer zones designed to protect threatened species from the toxic chemicals used to kill crop pests.
The EPA unveiled its “final Insecticide Strategy” document Tuesday, described by EPA Administrator Lee Zeldin in a statement as “another example of how protecting our environment and safeguarding our economy can go hand in hand.”
“We have found common sense ways to keep endangered species safe that won’t place unneeded burden on the growers who rely on these tools for their livelihood, and which are necessary to ensure a safe and plentiful food supply,” Zeldin said.
The EPA has been dogged for years by litigation over allegations it was failing to comply with the Endangered Species Act in its pesticide regulations. In 2023, the EPA settled with a pledge to implement strategies such as the one released this week. The announcement came one day before a court-ordered deadline for the release of the final insecticide plan.
The nation’s largest farming organizations, many supported with funds from companies that make and sell pesticides, have been demanding changes to the draft strategy outlined last year under the Biden administration. The groups said this week they welcome the changes brought by Trump’s EPA, though many also said the agency should go even further.
“These enhancements will help make Endangered Species Act implementation easier for US farmers; however, more work remains to be done …,” American Soybean Association President Caleb Ragland said in a statement.
In 2022, farmers used insecticides on about 83 million acres of cropland, according to federal data. Those chemicals and other pesticides used widely in farming can pose risks to a wide array of species, particularly when they run off into streams, ponds or rivers. The US counts more than 1,000 species listed as either endangered or threatened.
The EPA acknowledges that chemical “stressors, such as pesticides,” can contribute to population declines of listed species. Still, the agency made several changes to the prior plan, saying the new strategy will provide more flexibility for pesticide users.
Environmental advocates had mixed reactions to the new plan, with some giving the EPA credit for holding onto many protections for endangered species even as the agency retreats from others.
“I’ve certainly got some serious gripes about some of the rollbacks they did here in the final draft. But there are a lot of key elements that were kept in place,” said Nathan Donley, environmental health science director with the Center for Biological Diversity, one of the plaintiffs that sued the EPA to force compliance with the Endangered Species Act. “So it’s a bit of disappointment mixed with a bit of relief.”
“Of course the future is still a big question mark with this administration – it could still all come crumbling down,” he said. “But at the moment we’ve still got industry and endangered species advocates working together with EPA, which is really good for the country.”
Others were less forgiving.
“The EPA’s job isn’t to protect large agricultural corporations. Its job is to protect the environment,” said Jonathan Lundgren, who worked as a USDA scientist from 2004-2016 and now directs the Ecdysis Foundation, an agricultural research group.
“This change in policy that reduces the safety considerations and increases the use of pesticides will at minimum result in more sick farming families, greater biodiversity loss, increased pollution of water, and reduced ability of our soils to produce food and store carbon,” Lundgren said. “The ones that benefit are the large foreign-owned corporations that have parasitized our farmers for too long.”
(Featured photo by Getty Images for Unsplash+.)
Source: https://www.environmental-finance.com/content/analysis/easing-the-reporting-burden.html