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  2. Consolidated Omnibus Budget Reconciliation Act of 1985

    The Consolidated Omnibus Budget Reconciliation Act of 1985 ( COBRA) is a law passed by the U.S. Congress on a reconciliation basis and signed by President Ronald Reagan that, among other things, mandates an insurance program which gives some employees the ability to continue health insurance coverage after leaving employment.

  3. ADP (company) - Wikipedia

    In 1961, the company changed its name to Automatic Data Processing, Inc. (ADP), and began using punched card machines, check printing machines, and mainframe computers. ADP went public in 1961 with 300 clients, 125 employees, and revenues of approximately US$400,000. [3] The company established a subsidiary in the United Kingdom in 1965.

  4. Perverse incentive - Wikipedia

    A perverse incentive is an incentive that has an unintended and undesirable result that is contrary to the intentions of its designers. The cobra effect is the most direct kind of perverse incentive, typically because the incentive unintentionally rewards people for making the issue worse. [1] [2] The term is used to illustrate how incorrect ...

  5. Heartland Payment Systems - Wikipedia Heartland Payment Systems, Inc. is a U.S.-based payment processing and technology provider. Founded in 1997, Heartland Payment Systems' last headquarters were in Princeton, New Jersey. [citation needed] An acquisition by Global Payments, expected to be worth $3.8 billion [2] or $4.3 billion [3] was finalized on April 25, 2016.

  6. Walmart-backed fintech One launches 'buy now, pay later ... - AOL

    April 23, 2024 at 1:16 PM. (Reuters) -Walmart’s majority-owned fintech startup One has started offering buy now, pay later (BNPL) loans for big-ticket items like electronics and power tools at ...

  7. Carlos A. Rodriguez - Wikipedia

    Carlos A. Rodriguez. Personal details. Alma mater. Harvard College [1] Harvard Business School. Carlos A. Rodriguez (born 1965) is a Cuban-American business executive. [2] He has served as the chief executive officer and president of Automatic Data Processing, Inc. (ADP) since November 2011. [3] Rodriguez has worked for ADP since 1999, when the ...

  8. Global Payments - Wikipedia

    Global Payments Inc. Global Payments Inc. is an American multinational financial technology company that provides payment technology and services to merchants, issuers and consumers. [8] In June 2021, the company was named to the Fortune 500. [9] The company processes payments made through credit cards, debit cards, [10] and digital and ...

  9. Bundled payment - Wikipedia

    Bundled payment is the reimbursement of health care providers (such as hospitals and physicians) "on the basis of expected costs for clinically-defined episodes of care." It has been described as "a middle ground" between fee-for-service reimbursement (in which providers are paid for each service rendered to a patient) and capitation (in which providers are paid a "lump sum" per patient ...

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