Money market funds are similar to that of bank deposits; an extremely safe way to invest money while earning a sizable yield. Compared to other financial routes, money market funds are low-risk, low-return investments. This low-risk, low-return route could prove to be enticing to investors who are interested in avoiding loads, which are fees charged for entering or leaving funds other than money market funds. Money market funds may also prove to be attractive to investors due to the prospect of investing in municipal securities, which may be tax exempt on both federal and state levels.
Money market funds were first created by Bruce R. Bent, an American businessman who, along with Henry B.R. Brown, created the Reserve Fund. Bent first began his career working along with LF Rothschild and Company as a managing partner, and would then meet his future partner, Brown, at TIAA-CREF, a pension firm. The creation of money market funds was first entertained by Bent, who wished to create a mutual fund that would offer small, yet sizable, rates of return while being an extremely safe option for investment.
After founding the Reserve Fund, Bent would continue to furnish his financial career, maintaining the position of Vice Chairman and President of Double Rock Corporation, a company dedicated to managing and investing cash in retail markets, broker-dealers, banks and qualified plans. Bent also served Hallmark Investment Series Trust as Senior Vice-President and Co-Chief Executive Officer. On top of his illustrious financial career, Bent also took on a role in politics, running for the Nassau County Elective and receiving an official endorsement from the Conservative party.
Responsible for the creation of the money market fund, Bruce R. Bent is hailed as a financial pioneer who engineered an alternative to investment options such as stocks or bonds. Bent’s ultimate legacy would lie in the more than $200 billion dollars investors have managed to earn as a result of investing in money market funds.
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Last February, Cancer Treatment Centers of America collaborated with Nantes Health and All Scripts to implement custom technical solutions that enable immediate response support within each clinic and allow for better flow of clinical information. The new solution offers seamless integration through improved workflow and a direct interface system built into hundreds of oncologist data records across the U.S. Numerous practices may now access information at a more rapid pace and likewise spread the information with even greater rapidity.
Clinical Pathways is the name of the new program, and it offers numerous treatment options to eliminate potential guesswork and routinely improve the flow of data and research altogether. This new system was made to integrate only the latest in cancer research as well as treatment regimens and therapies that may assist the healing process through numerous care protocols at point-of-care. Custom treatment regimens are available as well as comparisons between treatment options. Simple computer order entry turns on with a tap of the screen and is both safe and efficient. In addition, real-time functionality and supporting clinical data always go hand-in-hand when referencing up-to-date guidelines, reactions and even response rates.
Treatment regimens are mapped with EHR to proprietary order tests and reflect integrative approaches to delivery of care. Greater transparency around selection is offered as well as special assistance with improving quality and efficiency through reducing care variability. The integrative platform also allows patients and clinical teams to come together and ask questions simultaneously. Over 2,000 evidence-based treatment regimens now exist to cover cancers and similar illnesses.
Cancer Treatment Centers of America or CTCA is based in Boca Raton, Fla. CTCA combines genomic testing with precision technology as well as human expertise on surgery, radiation, chemotherapy and immunotherapy. CTCA accepts most patients in Philadelphia, Phoenix, Chicago, Tulsa, Okla., and Atlanta.
For further information on CTCA follow them on Facebook.