bcbs newsletter on Building Capabilities and More

As a valued member of the BCBS community, you're likely eager to learn more about the latest developments and initiatives within the organization. In this newsletter, we'll be highlighting some exciting updates on Building Capabilities and more.

One key area of focus is the development of new skills and competencies among employees. As mentioned in the article, a recent survey found that 75% of employees reported feeling more confident in their abilities after participating in training programs.

The BCBS team is committed to providing ongoing support and resources to help employees grow and succeed in their roles. Whether it's through workshops, online courses, or mentorship programs, there are many ways to build your skills and advance your career.

By investing in employee capabilities, BCBS aims to drive business success and improve overall performance. As the article notes, a strong and capable workforce is essential for delivering high-quality services to customers and staying ahead of the competition.

The BCBS Newsletter is a valuable resource for healthcare providers. It's primarily designed for participating Blue Cross and BCN healthcare providers, office managers, and billers.

The newsletter is tailored to specific needs, with separate versions for physician offices, hospitals and facilities, oncology providers, physical, occupational and speech therapy offices, behavioral health providers, and chiropractic offices.

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Banks and supervisors need to further develop their capabilities and expertise to effectively implement the Principles.

A large majority of supervisors stated that banks did not have sufficient capabilities to fully implement the Principles in the first 12 months. Supervisors are working to address their own resource limitations by building centres of excellence and convening supervisors in dedicated forums.

Supervisors' efforts to implement the Principles have focused on understanding bank practices, identifying risks, and establishing supervisory expectations for these risks. Early-stage efforts involved engaging in dialogue with banks, conducting surveys of bank practices, and requesting that banks undertake self-assessments.

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Banks are encouraged to strengthen their in-house expertise to decrease their reliance on external sources. This includes integrating the measurement and mitigation of climate-related risks into their risk management practices.

Banks are reporting efforts to build industry-specific subject matter expertise to understand challenges within specific industries and counterparties. This is crucial to assessing counterparties' current and projected exposures to climate-related financial risks.

The Blues Brief is a valuable resource for healthcare providers. It's tailored to meet the specific needs of different types of providers, such as physician offices, hospitals, and facilities.

Physician offices, in particular, can benefit from the Blues Brief, which is designed just for them. Office managers and billers can also find useful information within its pages.

The Blues Brief for hospitals and facilities is another important resource, providing them with the information they need to stay up-to-date on Blue Cross and BCN policies and procedures. This can help them navigate the complex healthcare landscape with ease.

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Oncology providers, physical, occupational, and speech therapy offices, and behavioral health providers also have their own Blues Briefs, each catering to their unique needs and challenges. Chiropractic offices can also find relevant information within their own Blues Brief.

The Blues Brief is an essential tool for healthcare providers, offering a wealth of information and guidance on how to work effectively with Blue Cross and BCN.

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