Mesirow Investment Bankings healthcare sector report reveals a shift from traditional healthcare settings to urgent care centers (UCCs Multiple factors in recent years including COVID-19 led to explosive growth in UCCs UCCs also reduce the total number of uninsured and Medicaid visits to emergency departments by 21% and 29% respectively within a ZIP code Rapid growth and fragmentation of the UCC…, CHICAGO May 3 2023, - Mesirow Investment Bankings Healthcare team announces the publication of a report that reveals the rise of UCCs and what this shift means for patients and investors alike The last few years have witnessed a shift in healthcare from office settings and emergency departments (EDs to UCCs a shift that COVID-19 accelerated From 2013 to 2022 the number of UCCs in the US almost doubled—from 5307 to…, Lance Bell Managing Director of Mesirow Investment Banking, said One of the predominant themes we are seeing in healthcare services is the push to drive care to lower-cost settings (ED → UCC → retail walk-in clinic → telehealth and the consumerization of healthcare delivery Firms as diverse as CVS (MinuteClinic Amazon (One Medical Walmart and Walgreens are all trying to merge medical treatment with retail philosophies like convenience value and efficient…, The impact of UCCs, An open UCC in a ZIP code reduced the total number of emergency department visits by residents in that ZIP code by 17% due largely to decreases in visits for less emergent conditions UCCs reduced the total number of uninsured and Medicaid visits to the ED by 21% and 29% suggesting that during the hours they are open UCCs appear to be treating patients who otherwise would have visited the ED, The need for UCCs, Overcrowding long wait times and high costs in EDs combined with the demands of COVID-19 made clear the need for alternative care options in the US, Urgent Care Centers are ripe for consolidation, The consumerization of the UCC space is a classic example of a sector poised for rapid expansion and change including M&A It has all the hallmarks rapid growth fragmentation established need and no clear leaders Please click here to read the full report, About Mesirow, Mesirow is an independent employee-owned financial services firm founded in 1937 Headquartered in Chicago with locations around the world we serve clients through a personal custom approach to reaching financial goals and acting as a force for social good With capabilities spanning Global Investment Management Capital Markets and Investment Banking and Advisory Services we invest in what matters…, For inquiries, mediainquiries@mesirowcom Michael Herley | 2033081409 The Mesirow name and logo are registered service marks of Mesirow Financial Holdings Inc © 2022 All rights reserved Securities offered through Mesirow Financial Inc member FINRA SIPC 2022 Crains Best Places to Work (Received August 2022 reflective of previous 12 months – Licensing fees paid post award for use of the ranking Best Companies…

Sumit Desai is a Managing Director and Director of Research in Mesirow Wealth Management He serves on the Wealth Management Investment Committee and is responsible for due diligence and ongoing monitoring of equity fixed income and global allocation funds for implementation into client portfolios  Sumit has 23 years of investment industry experience Prior to joining Mesirow in 2017 he spent 12…

Sumit Saha Roy is a Technology Consultant in Mesirow Fiduciary Solutions He is responsible for development maintenance and support of various front-end applications and back-end systems which plays a critical role in providing fiduciary solutions Sumit has more than 13 years of experience in Microsoft technologies serving various domains such as banking and finance automotive e-commerce and…

Mesirow is proud to augment our long-time partnership with WNBA Champion Chicago Sky with support for their new initiative – “The Net” – an effort to help athletes prioritize their mental health through support and resources The program uses players’ personal experiences as a springboard to prioritize mental wellness in sport and beyond We believe this initiative will enable Chicago Sky to use…

June 5 2024 | By, Mesirow Currency Management, If you need assistance with currency trading to meet the shorter security settlement or if you have derivatives trading requirements Mesirow Currency Management can help Please call Joseph Hoffman at 3125952019  In May 2024 the US Mexican and Canadian securities markets moved from a settlement period or cycle of two days after trading (T+2 to one day (T+1 That means investors (the securities…, “Ch-ch-ch-ch-changes”, This change in the securities settlement cycle also affects the conventional foreign exchange settlement process  An Australian investor would need to convert Australian dollars to US dollars to buy equities on a US exchange Given time zone differences that cause Australia to be one day ahead of North American markets Australian investors are settling the transaction the same day as the North…, Should you consider an FX specialist, Outsourcing currency trading and settlement is an alternative to in-house management Some investors are considering using the custodian of the securities account to manage the currency transactions But this solution could undo the tremendous effort that investors have expended over the last two decades to meet their fiduciary duty to get the best price in a currency trade Custodians typically do…, Two are better than one, The securities manager can view the currency specialist as a partner in the investment process The securities manager has expertise in securities management and the currency specialist brings equal proficiency in foreign exchange matters Combined the two specialists offer complementary investment competence providing their client with a superior investment capability Those complementary skills…, Explore more currency insights, Cryptocurrencies and tokenization, Distributed ledger technology fosters digitization of just about everything Read article, Futures overlays for investors, While the shorter security settlement cycle will affect foreign buyers of north American securities hedged share class investors have additional challenges Read article

July 25 2023 |, By, Mesirow Currency Management, Does a shorter security settlement cycle mean more foreign exchange risk, Same-day security settlement is moving closer to reality with the decision by the US Securities and Exchange Commission to require security transactions to settle one day after trading beginning May 28 2024 The SEC expects the shorter settlement period to reduce risk cut costs and modernize securities trading infrastructure The change will present processing and technological challenges including…, Changes in security settlement affect FX trading, Cutting the settlement cycle by half affects the time allotted to security processing which in turn affects currency trading for foreign investors As an example a European investor would need to convert euros to US dollars to buy equities on a US exchange Often that currency order is issued after certain security processes such as allocation and confirmation are completed  Foreign exchange (FX…, two hours, will exist to submit FX trade details for CLS processing after equity trading closes Equity managers and the currency trading entity will need near-flawless processing to meet the CLS deadline It is likely that issues with some equity or FX trades will arise requiring intervention and manual processing and the CLS cutoff deadline will be missed  Even without the CLS deadline there is not much…, Ways FX trading can support T + 1 settlement cycle, Table 1 summarizes the pros and cons of various FX strategies related to T+1 settlement  TABLE 1 FX STRATEGIES FOR T+1 SECURITY SETTLEMENT FX Strategies for T+1 Shorter security settlement cycles result in significant benefits ones that would also be advantageous for foreign exchange trading and the move to T+1 security settlement might be the event that spurs the currency market to upgrade…, Explore, Central Bank Digital Currencies, What do CBDCs mean for the US dollar as the worlds major reserve currency Read article, US dollar Currency dynasty, Is the USDs position as the worlds reserve currency safe or is its decline inevitable Read article