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Healthcare BPO Market by Outsourcing Models, Provider, Payer, Life Science and Region – Global Forecasts to 2026

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Dublin, July 26, 2021 (GLOBE NEWSWIRE) — The “Global Healthcare BPO Market by Outsourcing Models, Provider (Patient Care, RCM), Payer (Claims Management, Billing & Accounts), Life Science (R&D, Manufacturing, Sales & Marketing (Analytics, Research)), & Region (Source, Destination) – Forecasts to 2026” report has been added to ResearchAndMarkets.com’s offering.

The global healthcare BPO market is projected to reach USD 468.5 billion by 2026 from USD 296.4 billion in 2021, at a CAGR of 9.6% during the forecast period. Healthcare BPO is a practice in which healthcare organizations outsource their business operations to third-party organizations. The aim of healthcare business process outsourcing services is to reduce administration costs for healthcare providers and enhance patient satisfaction.

The healthcare BPO sector handles a variety of activities ranging from data entry to medical claims processing services. The major factors driving the growth of this market include the need to curtail the escalating healthcare costs, rising demand for niche services, growing outsourcing in the life science industries, and lack of in-house expertise in the end-use industries.

On the other hand, hidden costs associated with outsourcing services and concerns related to losing visibility and control over the business process are expected to hamper the market growth to a certain extent in the coming years.

Claims management services to hold the largest share of the payer services market

Based on type, the payer services market is segmented into claims management, integrated front-end services and back-office operations, member management, product development & business acquisition, provider management, care management, billing & accounts management services and HR services.

The claims management segment is projected to grow at a CAGR of 10.8%, from USD 11.7 billion in 2021 to USD 19.5 billion by 2026. Claims processing is an integral part of the healthcare payer industry, and outsourcing of claims management provides the payer company with an opportunity to establish a long-term relationship with customers.

R&D services to be the fastest-growing segment in the life science services market

Based on type, the life science services market is segmented into manufacturing, R&D and non-clinical services. R&D services are expected to grow at a CAGR of 9.8% between 2021 to 2026. Rising R&D expenditure and the increasing need to reduce drug costs are a matter of concern for various pharmaceutical companies across the globe. Increasing competition, escalating cost of drug development, the complexity of discovery research, and the increasing need to speed up the rate of new product launches are some of the major factors driving the increased demand for R&D outsourcing.

The US to be the largest source geography for healthcare BPO services in North America

North America is expected to account for the largest share of 49.0% of the global healthcare BPO market in 2021, followed by Europe (30.6%) and the RoW (20.3%). Factors such as growing pressure to curb the increasing cost of care, demand for dedicated customer care professionals to create new insurance exchanges, manage workload of processing claims, account maintenance, and catering to the expanded customer base are some of the major factors driving the growth of healthcare BPO market in the US.

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights
4.1 Healthcare BPO Market Overview
4.2 North America: Healthcare BPO Market, by Provider Service (2020)
4.3 Healthcare BPO Market Share, by Life Science Service, 2021 Vs. 2026
4.4 Non-Clinical Services Market Share, by Type, 2021 Vs. 2026
4.5 Sales & Marketing Services Market Share, by Type, 2021 Vs. 2026
4.6 Healthcare BPO Market, by Destination Geography

5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Shift to Icd-10 coding standards and upcoming Icd-11 standards
5.2.1.2 Pressure to reduce the rising healthcare costs
5.2.1.3 Loss of revenue due to billing errors
5.2.1.4 Demand for niche services
5.2.1.5 Need for structured processes and documentation
5.2.1.6 Lack of in-house expertise in end-use industries
5.2.1.7 Growing outsourcing in the pharma and biopharma industries
5.2.2 Restraints
5.2.2.1 Hidden outsourcing costs
5.2.2.2 Concerns related to losing visibility and control over the business process
5.2.3 Challenges
5.2.3.1 Limitations in the data capturing process in Medicaid services
5.2.3.2 Data security concerns
5.2.4 Opportunities
5.2.4.1 Advanced data analytics
5.2.4.2 Growing adoption of artificial intelligence-based tools for drug discovery
5.3 Outsourcing Approaches
5.4 Outsourcing Models
5.5 Impact of COVID-19 On the Healthcare BPO Market
5.6 Porter’s Five forces Analysis
5.7 Pricing Analysis
5.8 Technology Analysis
5.8.1 Machine Learning
5.8.2 Artificial Intelligence
5.8.3 Internet of Things
5.8.4 Blockchain
5.8.5 Augmented Reality
5.9 Regulatory Analysis
5.10 Ecosystem
5.11 Value Chain Analysis
5.12 Case Study Analysis

6 Healthcare BPO Market, by Provider Service
6.1 Introduction
6.2 Revenue Cycle Management
6.2.1 Revenue Cycle Management Segment Held the Largest Share of the Healthcare BPO Provider Services Market
6.3 Patient Enrolment
6.3.1 Outsourcing Patient Enrolment Services Help Prevent Claim Denials and Payment Delays
6.4 Patient Care
6.4.1 Medical Transcription
6.4.1.1 Medical transcription outsourcing offers a quicker, efficient, and streamlined medical transcription process
6.4.2 Device Monitoring
6.4.2.1 Device monitoring centers facilitate health systems to cater to unique patient needs
6.4.3 Medical Imaging
6.4.3.1 Medical imaging outsourcing services provide a multidisciplinary approach to obtain accurate imaging results

7 Healthcare BPO Market, by Payer Service
7.1 Introduction
7.2 Claims Management Services
7.2.1 Claims Adjudication Services
7.2.1.1 The claims adjudication services segment accounted for the largest share of the claims management outsourcing services market in 2020
7.2.2 Claims Settlement Services
7.2.2.1 Streamlined settlement processes offered by outsourcing companies to drive the segment growth
7.2.3 Information Management Services
7.2.3.1 Information management services enable the handling of a large amount of data generated during the claims management process
7.2.4 Claims Repricing
7.2.4.1 Outsourcing claims repricing services to healthcare BPOs reduces the administrative burden on payer firms
7.2.5 Claims Investigation Services
7.2.5.1 Outsourcing claims investigation services help improve fraud detection & recovery
7.2.6 Claims Indexing Services
7.2.6.1 Outsourcing is preferred for the indexing of medical records as it is time-consuming and requires expertise
7.2.7 Fraud Detection & Management
7.2.7.1 Third-party vendors use advanced analytics, technologies, and tools to identify fraudulent activities accurately
7.3 Integrated Front-End Services and Back-Office Operations
7.3.1 Reduction In Overhead Expenses and Improved Efficiency offered by Outsourcing Companies To Support Segment Growth
7.4 Member Management Services
7.4.1 Third-Party Vendors Help Manage Member-Related Eligibility Data More Strategically Across the Enterprise
7.5 Product Development & Business Acquisition Services (PDBA)
7.5.1 Increasing Focus On Customer Engagement and Retention To Support the Segment Growth
7.6 Provider Management Services
7.6.1 Increasing Complexities and Variations In Provider Networks and Health Plans Has Increased the Dependency On Third-Party Vendors
7.7 Care Management Services
7.7.1 Care Management Services Play A Major Role In Clinical Coverage Decisions and Review Systems
7.8 Billing and Accounts Management Services
7.8.1 Outsourcing of these Services Help Check Frauds, Reduce Process Time, and Minimize the Burden On Payer Staff
7.9 Hr Services
7.9.1 Outsourcing Hr Services Ensures Reduced Costs and Attrition Rates While Ensuring Steady Business Growth

8 Healthcare BPO Market, by Life Science Service
8.1 Introduction
8.2 Manufacturing
8.2.1 Benefits of Outsourcing Such As Long-Term Cost Savings and Availability of Expert Personnel To Propel Market Growth
8.3 Research & Development (R&D)
8.3.1 Increasing Demand for Specialized Research and Development Service Providers To Drive Market Growth
8.4 Non-Clinical Services
8.4.1 Sales & Marketing Services
8.4.1.1 Analytics
8.4.1.1.1 Use of analytics to improve customer-facing functions and minimize risks have increased the outsourcing of analytical services
8.4.1.2 Marketing
8.4.1.2.1 Outsourcing marketing services to third parties helps organizations to focus on their core functionalities
8.4.1.3 Research
8.4.1.3.1 Increasing focus on outsourcing research activities for strategic decision-making to drive market growth
8.4.1.4 Forecasting
8.4.1.4.1 Sales, revenue, and demand are the most commonly outsourced forecasting services by the life science industry
8.4.1.5 Performance reporting
8.4.1.5.1 Commonly outsourced performance reporting services include brand performance tracking, sales force performance tracking, and sales tracking
8.4.2 Supply Chain Management & Logistics
8.4.2.1 Outsourcing helps manage complex supply chain operations with more efficiency and flexibility as compared to in-house units
8.4.3 Other Non-Clinical Services

9 Healthcare BPO Market, by Region

10 Competitive Landscape
10.1 Overview
10.2 Market Ranking
10.3 Market Share Analysis
10.4 Company Evaluation Quadrant
10.4.1 Stars
10.4.2 Emerging Leaders
10.4.3 Participants
10.4.4 Pervasive Players
10.5 Company Evaluation Quadrant for Emerging Players
10.5.1 Progressive Companies
10.5.2 Responsive Companies
10.5.3 Starting Blocks
10.5.4 Dynamic Companies
10.6 Competitive Benchmarking
10.6.1 Company Product Footprint
10.6.2 Company Application Footprint
10.6.3 Company Region Footprint
10.7 Competitive Scenario
10.7.1 Product/Service Launches & Approvals
10.7.2 Deals
10.7.3 Other Developments

11 Company Profiles
11.1 Key Players
11.1.1 Accenture
11.1.2 Cognizant
11.1.3 Tata Consultancy Services
11.1.4 Xerox Corporation
11.1.5 WNS (Holdings) Limited
11.1.6 NTT Data Corporation
11.1.7 IQVIA
11.1.8 Mphasis
11.1.9 Genpact
11.1.10 Wipro
11.1.11 Infosys BPM
11.1.12 Firstsource Solutions
11.2 Other Players
11.2.1 IBM Corporation
11.2.2 Gebbs Healthcare Solutions
11.2.3 Lonza
11.2.4 Omega Healthcare
11.2.5 R1 RCM
11.2.6 Invensis Technologies
11.2.7 Unitedhealth Group
11.2.8 HCL Technologies
11.2.9 Sykes Enterprises
11.2.10 Parexel International
11.2.11 Access Healthcare
11.2.12 Sutherland Global
11.2.13 Akurate Management Solutions

12 Appendix

For more information about this report visit https://www.researchandmarkets.com/r/cpm26y


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Artificial Intelligence

Rainbow Robotics begins pre-orders of Bimanual Mobile Manipulator RB-Y1, the world’s first research platform for AI experts for $80,000 USD

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DAEJEON, South Korea, May 9, 2024 /PRNewswire/ — Rainbow Robotics(CEO Jungho Lee), a robot platform specialized company, will begin pre-orders for the Bimanual Mobile Manipulator RB-Y1 from May 8.

During the pre-order period, the research platform is sold for $80,000 USD and the commercial platform is sold for $120,000 USD (VAT excluded). Products are scheduled to be delivered sequentially starting in October.
RB-Y1 is a research platform that has both arms with 7 degrees of freedom per arm for smooth movements similar to human movements. It is a humanoid-like robot with a single leg with 6 degrees of freedom on a mobile platform for a wide work radius. The LiDAR system is adopted for autonomous movement, and a high-performance 3D recognition sensor and master ARM are provided as options to increase usability. In line with the recent trend of the AI era, Rainbow Robotics plans to provide various APIs and options so that AI developers can easily utilize them for research purposes.
Recently, various organizations are introducing humanoid robots. However, they are only used for their own purposes and there is no standard platform for various AI robot researchers. Rainbow Robotics’ RB-Y1 is the first to commercially sell such a research platform.
Unlike existing simple industrial robots, a Bimanual Mobile Manipulator is a humanoid robot that uses both arms and is suitable for advanced manufacturing sites and services. It is a next-generation robot platform that can be used for complex assembly, manufacturing, and collaboration beyond existing simple automation processes.
If you would like to pre-order RB-Y1, please contact us through enquiry page or email us at [email protected].
Meanwhile, Rainbow Robotics will participate as a bronze sponsor in the IEEE International Conference on Robotics and Automation (ICRA 2024), which will be held at Pacifico Yokohama, Japan on May 13.
During the exhibition, various demonstrations will be shown of controlling RB-Y1 with real-time remote operation technology, which links the data arm and simulation system. Additionally, Rainbow Robotics plans to exhibit the small, high-precision collaborative robot RB3-730 and the quadruped robot RBQ-10.
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AgriBusiness Global™ Announces 2024 Event Line-Up: Connecting Crop Input Leaders Worldwide

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WILLOUGHBY, Ohio, May 8, 2024 /PRNewswire/ — AgriBusiness Global, the premier business source for leaders in the global crop input value chain, is thrilled to announce its lineup of events for 2024. For 37 years, AgriBusiness Global has been the go-to resource for quality, trustworthy information and analysis, leading the industry in providing the next generation of crop solutions covering synthetic crop protection, biologicals, and plant health.

In 2024, AgriBusiness Global will host three events, each designed to connect industry leaders, promote innovation, and drive business growth:
AgriBusiness Global℠ LATAM Conference Date: 14-15 MayLocation: Panama City, Panama
Capitalizing on Emerging Technologies in LATAM
The ABG LATAM Conference will bring together industry experts and influencers to discuss the latest trends and developments in crop protection, plant health, biologicals, and ag technology specific to the Latin American region. The Latin-American market offers new opportunities for business growth and partnerships with leading players in the region. Learn More>
AgriBusiness Global℠ Trade Summit Date: 7-8 AugustLocation: Orlando, Florida, USA
The #1 Global Agribusiness Event- Dedicated to Worldwide Networking and New Business Development               
The ABG Trade Summit is the trusted forum for advancing development in the rapidly emerging global crop protection, ag tech, plant health, and biological sectors. Attendees can expect to meet with the world’s leading manufacturers, exporters, trading companies, sellers, formulators, and consultants.  Trade Summit facilitates global trade by offering educational sessions, a robust exhibit floor, private meeting rooms, and dedicated networking opportunities for the world market to connect, engage, and build business. Learn More>
AgriBusiness Global℠ SE Asia ConferenceDate: 6-7 NovemberLocation: Jakarta, Indonesia
Empowering Southeast Asia’s AgriBusiness for Global Impact
The ABG Southeast Asia Conference, produced in cooperation with the Indonesian CropCare Association, will showcase cutting-edge technologies and innovations in crop production, addressing the unique challenges and opportunities in the Southeast Asian market. Attendees will gain unique insights to prepare for the future and navigate the present in the rapidly evolving agricultural market. Learn More>
“Our events are dynamic platforms for industry leaders to connect, collaborate, and drive innovation,” said Eric Davis, Group Director at AgriBusiness Global. “We are excited to bring together the brightest minds in the industry to explore new ideas, foster partnerships, and shape the future of agriculture.”
For information about the 2024 events and how to participate, visit AgriBusinessGlobal.com.
About Meister Media Worldwide
For media inquiries, please contact:Amy Reddington, Show Director
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Economic Shifts Ahead as AI Integrates Deeply into Work and Society, Fueling $4.4 Trillion Growth

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USA News Group News Commentary
Issued on behalf of Scope AI Corp.
VANCOUVER, May 8, 2024 /PRNewswire/ —  USA News Group News Commentary – New developments in AI technology are currently changing the face of work, economies, and society as we know it, according to analysts at McKinsey & Company who are projecting generative AI (gen AI) could add $4.4 trillion annually to the global economy. Between January and March of this year alone, the world’s largest cloud-computing giants have collectively invested $40 billion mostly into data centres equipped to deal with growing AI workloads, according to The Economist. The shift is leading experts to witness how AI companies are leading a transition from Software-as-a-Service to Service-as-Software, turning the table on the very essence of SaaS, representing a $4.6 trillion opportunity. A variety of tech companies have recently advanced the integration of AI, providing swift, safe, and cost-effective solutions for businesses to adopt artificial intelligence technology this past week, including: Scope AI Corp. (CSE: SCPE) (OTCQB: SCPCF), Meta Platforms, Inc. (NASDAQ: META), Amazon.com, Inc. (NASDAQ: AMZN), Apple Inc. (NASDAQ: AAPL), and C3.ai, Inc. (NYSE: AI).

The article continued: Seeing the extraordinary speed of AI’s advancements and impacts, combined with surging private- and public-sector demand, is causing regulators in the USA and EU to issue legislation calling for action. Now analysts are trying to determine whether the GenAI boom is setting up to be another bubble, or a legitimate long-term investment opportunity.
SCOPE AI PROVIDES CORPORATE UPDATE
Scope AI Corp. (CSE: SCPE) (OTCQB: SCPCF) (FSE: VN8) (“Scope” or the “Company”) today provided an update  on new developments of Scope’s artificial intelligence driven recognition technology called GEM (General Enterprise Machine Learning) system. Built on advanced visual recognition and neural network technology, GEM could advance industries, including Advertising and Gaming, by providing them with new insights and capabilities.
Advertising: GEM aims to enable advertising businesses to personalize ad content based on real-time user behavior analysis. By leveraging visual recognition technology, companies can create highly targeted and engaging ads, maximizing return on ad spend and driving customer engagement to new heights.
Gaming:  In the gaming industry, GEM aims to enhance user experiences by customizing gameplay and recommendations. By analyzing player behavior using neural networks, GEM provides customers and developers with invaluable insights with the intention of optimizing game design, increasing user retention, and maximizing revenue potential.
Unveiling Neural Networks: Neural networks are the foundation of GEM’s technology. These complex algorithms mimic the structure and functionality of the human brain, enabling machines to learn from vast amounts of data and make intelligent predictions and decisions. By harnessing the power of neural networks, GEM offers comprehensive capabilities in advanced pattern recognition, data analysis, and decision-making across industries.
“We’re very pleased at how seamless we were able to streamline, enhance, and strengthen our platform with the latest performance and security upgrades made to our infrastructure”, said Sean Prescott, Founder and Non-Executive Chairman of Scope AI. “The next generation of our platform will set us apart in the kind and sensitivity of data we can process and store. It’s a potential game-changer for the industry.”
Scope’s GEM platform includes advanced features designed to enhance user experience and security, all while streamlining operations. Built-in customer support and user management modules allow for seamless assistance, while the native referral system fosters user engagement and growth. Along with the full admin suite for comprehensive analysis and reporting, businesses are fully empowered with unparalleled capabilities and insights.
CONTINUED… Read this and more news for Scope AI at:  https://usanewsgroup.com/2024/04/26/the-currency-of-tomorrow-why-investing-in-cutting-edge-ai-recognition-tech-could-mean-big-money/
In other industry developments and happenings in the market this week include:
Meta Platforms, Inc. (NASDAQ: META), the parent company of Facebook, Instagram, and WhatsApp, recently teamed up with the Georgia Institute of Technology to create a massive open dataset to advance AI solutions for carbon capture, a technology with promising potential to address global climate concerns. As per the collaboration, Georgia Tech and Meta say their massive database could potentially make it easier and faster to design and implement new direct air capture technologies.
“The open-source database enabled the team to train an AI model that is orders of magnitude faster than existing chemistry simulations,” said Georgia Tech in a press release. “The project, named OpenDAC, could accelerate climate solutions the planet desperately needs.”
Researchers at Meta’s Fundamental AI Research (FAIR) team were already looking for ways to harness their machine-learning prowess to address climate concerns. They ultimately landed on direct air capture as what they believed to be a promising technology, and immediately reached out to Georgia Tech. FAIR’s lead authors generated the database by running quantum chemistry computations on inputs provided by Georgia Tech’s team, using about 400 million CPU hours along the way, and surpassing several hundreds of times more computing than the average academic computing lab can do in a year.
Amazon.com, Inc. (NASDAQ: AMZN) through its global Amazon Web Services (AWS) cloud system subsidiary recently rolled out its new AI system called Q, which it has dubbed as “the most capable generative artificial intelligence (AI)-powered assistant for accelerating software development and leveraging companies’ internal data.”
As well, Amazon also recently launched its Custom Model Import for Bedrock tool, which CEO Andy Jassy called a “sneak big launch as it satisfies a customer request we’ve heard frequently and that nobody has yet met.” The tool allows customers to import custom models they’ve built in Amazon SageMaker into tits Amazon Bedrock platform. Doing so lets enterprises utilize AI investments they’ve already made, while also leveraging Bedrock’s capabilities to scale their models and applications.
“Customers are excited about this, and as more companies find they’re employing a mix of custom-built models along with leveraging existing LLMs,” said Jassey. “The prospect of these two linchpin services in SageMaker and Bedrock working well together is quite appealing.”
Apple Inc. (NASDAQ: AAPL), whose iPhones currently hold the Top 4 (and 5 of the Top 10) best-selling smartphone models by sales, recently reported an all-time revenue record in sales in its most recent financial results. While being seen as potentially late to the game on AI, several reports in recent weeks has suggested that Apple is not only talking to OpenAI and/or Google about powering some of its AI features, it’s also been reportedly spending “millions of dollars a day” training its own AI model, called Ajax.
Now industry experts are saying the iPhone is about to become an “AI phone”, in anticipation of Apple’s upcoming iOS 18. A key anticipated feature of iOS 18 is Apple’s own large language model (LLM), similar to the technology behind AI chatbots like ChatGPT. It’s widely speculated that this Apple-developed LLM will be integrated with Siri, enhancing the capabilities of the iPhone’s digital assistant. As indicated by Bloomberg in late April, it’s suggested that Apple’s  LLM will be entirely on-device, meaning the tech will be powered inside by the iPhone’s processor, rather than in the cloud—which may be a bit less powerful and knowledgeable, but with far quicker response times.
C3.ai, Inc. (NYSE: AI), an Enterprise AI application software company, is actively working to enhance the petroleum industry in Houston, through a cooperative effort that allows oil and gas companies to share AI technology and applications with each other. This effort is meant to curb companies from withholding information from competitors, with the goal of collaboration instead.
“We’re building the applications that are, you know, monitoring every device on every offshore oil rig in real time so that they can see with 18 hours in advance before something fails and just shut it down,” said Tom Siebel, CEO of C3.ai. Siebel has explained that AI is at work in oil and gas, diagnosing issues and assisting with maintenance, giving the example of a giant like Shell uses AI to track their half a million valves around the world.
“They can see what’s going on,” said Siebel. “They can predict when a valve is going to be stuck open or closed before it happens, and if one of these valves gets stuck open or closed, things go real bad, real fast, right? And so, they’ve decided to make these applications available to Aramco, Eni, Chevron, Phillips.”
A recent report from Research and Markets predicted that the global AI in oil and gas market is expected to surge to an impressive $5.96 billion by 2028, growing at a CAGR of 13.3%.
Article Source: https://usanewsgroup.com/2024/04/26/the-currency-of-tomorrow-why-investing-in-cutting-edge-ai-recognition-tech-could-mean-big-money/
 CONTACT:USA NEWS [email protected](604) 265-2873
DISCLAIMER: Nothing in this publication should be considered as personalized financial advice. We are not licensed under securities laws to address your particular financial situation. No communication by our employees to you should be deemed as personalized financial advice. Please consult a licensed financial advisor before making any investment decision. This is a paid advertisement and is neither an offer nor recommendation to buy or sell any security. We hold no investment licenses and are thus neither licensed nor qualified to provide investment advice. The content in this report or email is not provided to any individual with a view toward their individual circumstances. USA News Group is a wholly-owned subsidiary of Market IQ Media Group, Inc. (“MIQ”). MIQ has been paid a fee for Scope AI Corp. advertising and digital media from the company directly. There may be 3rd parties who may have shares Scope AI Corp., and may liquidate their shares which could have a negative effect on the price of the stock. This compensation constitutes a conflict of interest as to our ability to remain objective in our communication regarding the profiled company. Because of this conflict, individuals are strongly encouraged to not use this publication as the basis for any investment decision. The owner/operator of MIQ own shares of Scope AI Corp. which were purchased as a part of a private placement. MIQ reserves the right to buy and sell, and will buy and sell shares of Scope AI Corp. at any time thereafter without any further notice. We also expect further compensation as an ongoing digital media effort to increase visibility for the company, no further notice will be given, but let this disclaimer serve as notice that all material disseminated by MIQ has been approved by the above mentioned company; this is a paid advertisement, and we own shares of the mentioned company that we will sell, and we also reserve the right to buy shares of the company in the open market, or through further private placements and/or investment vehicles. While all information is believed to be reliable, it is not guaranteed by us to be accurate. Individuals should assume that all information contained in our newsletter is not trustworthy unless verified by their own independent research. Also, because events and circumstances frequently do not occur as expected, there will likely be differences between any predictions and actual results. Always consult a licensed investment professional before making any investment decision. Be extremely careful, investing in securities carries a high degree of risk; you may likely lose some or all of the investment.

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