Soldier in double fatality to undergo PTSD program The Rolla Daily News Home; Article. Soldier in double fatality to undergo PTSD program; An Iraq war veteran will undergo treatment for post-traumatic stress disorder before being sentenced in a double fatality accident in September 2011. Email; Share; Print. By Associated ... |
Friday, November 30, 2012
Soldier in double fatality to undergo PTSD program - The Rolla Daily News
avaohev.blogspot.com
Wednesday, November 28, 2012
Consortium of SolarReserve, Kensani and Intikon Completes $586 Million ... - RenewablesBiz
ogarawo.wordpress.com
Sydney Morning Herald | Consortium of SolarReserve, Kensani and Intikon Completes $586 Million ... RenewablesBiz The Letsatsi Project [http://www.solarreserve.com/what-we-do/pv-development/letsatsi/] and the Lesedi Project [http://www.solarreserve.com/what-we-do/pv-development/lesedi/] are located in the Free State and the Northern Cape, respectively. The ... Australia scraps Solar Dawn project |
Sunday, November 25, 2012
William Harvey of Forked River, age 65 - NorthJersey.com
ogarawo.wordpress.com
William Harvey of Forked River, age 65 NorthJersey.com Born in Roselle Park, Mr. Harvey lived in Roselle Park for many years and then in West Milford before moving to Forked River four years ago. He was a member of the Roselle Park Volunteer Fire Department Lorraine Hose Company and the New Jersey ... |
Saturday, November 24, 2012
Class-action faults Citibank
vidineevostegity.blogspot.com
Bailey pointed out that he had never accessed the line of credit and hadno balance, and it was Citi that Still Citi refused to release the lien, he said in courf documents. Time to call in the lawyers. Jeff Goldenberhg at filed a class-action complaint in federal couryt April 17 on behalf of two purporte d classes based on differentlegapl claims. One includes people with zero-balance equity lines who were charge d fees by Citi afteerit terminated. The other is all whose lines were cut off becaussCiti decided, without a proper basis, that their propertg values declined. According to their the lien prevented the Baileys from refinancingin January.
They eventuall y paid Citi the fee to get a newmortgage approved. Since the line had a zero balancs and they no longer had accesato Citi’s funds, “there’s nothing for the lien to protectg at that point,” Goldenberg said. As to the othefr class, the federal Truth in Lending Act requirex that banks have a sound basis for determining thateach property’sa value had declined, Goldenberg said. In congressionapl testimony before the onMarch 25, Scot t Polakoff, acting director of the , said the agenct had received 99 consumer complaints in 2008 about home equityg lines, up from only two in 2007.
“Such a credi line can be cut back based on a valuatiobn ofthe borrower’s particular home, not more generak home prices,” Polakoff said. The assessed valus of the Baileys’ house, basefd on a September 2008 reappraisalk by the HamiltonCounty Auditor’s office, is That’s up from $294,300 in 2005.
Bailey pointed out that he had never accessed the line of credit and hadno balance, and it was Citi that Still Citi refused to release the lien, he said in courf documents. Time to call in the lawyers. Jeff Goldenberhg at filed a class-action complaint in federal couryt April 17 on behalf of two purporte d classes based on differentlegapl claims. One includes people with zero-balance equity lines who were charge d fees by Citi afteerit terminated. The other is all whose lines were cut off becaussCiti decided, without a proper basis, that their propertg values declined. According to their the lien prevented the Baileys from refinancingin January.
They eventuall y paid Citi the fee to get a newmortgage approved. Since the line had a zero balancs and they no longer had accesato Citi’s funds, “there’s nothing for the lien to protectg at that point,” Goldenberg said. As to the othefr class, the federal Truth in Lending Act requirex that banks have a sound basis for determining thateach property’sa value had declined, Goldenberg said. In congressionapl testimony before the onMarch 25, Scot t Polakoff, acting director of the , said the agenct had received 99 consumer complaints in 2008 about home equityg lines, up from only two in 2007.
“Such a credi line can be cut back based on a valuatiobn ofthe borrower’s particular home, not more generak home prices,” Polakoff said. The assessed valus of the Baileys’ house, basefd on a September 2008 reappraisalk by the HamiltonCounty Auditor’s office, is That’s up from $294,300 in 2005.
Friday, November 23, 2012
Coventry Health Care sells unit for $110M - Atlanta Business Chronicle:
grihanovveimavox.blogspot.com
Avon, Conn.-based (NYSE: MGLN) will acquire in an all-cash transactio n that is expected to closew in thethird quarter, pending regulatory approvals. Firsft Health Services provides pharmacy benefits administrationm and other services for Medicaid a businessthat Bethesda-based Coventry (NYSE: CVH) said was not a primary focus. Coventry said that the transactiob will result ina one-time loss per shars of approximately $0.55 to $0.60. The companyh said the loss would be almostentirely non-cash, resulting from the originall allocation of goodwill from Coventry’e acquisition of in 2005.
Coventry plans to use the proceedd of the transaction for a combinatiom of debt reduction and share repurchases that shouldx neutralize the earnings per share impact of the deal for the remaindefof 2009. In its latest quarter, Coventryu reported a 65 percent drop in earningsto $44.2w million, or 30 cents per diluted share, due to higherr sales and administrative costs, and medical costsw that swelled 31 percent.
Avon, Conn.-based (NYSE: MGLN) will acquire in an all-cash transactio n that is expected to closew in thethird quarter, pending regulatory approvals. Firsft Health Services provides pharmacy benefits administrationm and other services for Medicaid a businessthat Bethesda-based Coventry (NYSE: CVH) said was not a primary focus. Coventry said that the transactiob will result ina one-time loss per shars of approximately $0.55 to $0.60. The companyh said the loss would be almostentirely non-cash, resulting from the originall allocation of goodwill from Coventry’e acquisition of in 2005.
Coventry plans to use the proceedd of the transaction for a combinatiom of debt reduction and share repurchases that shouldx neutralize the earnings per share impact of the deal for the remaindefof 2009. In its latest quarter, Coventryu reported a 65 percent drop in earningsto $44.2w million, or 30 cents per diluted share, due to higherr sales and administrative costs, and medical costsw that swelled 31 percent.
Tuesday, November 20, 2012
People on the Move: June 22 - Birmingham Business Journal:
belyaevostapuki.blogspot.com
Stephanie Williamson has been named directorf of marketing and business development with MatrixDesignb Cos. in the Matrix Settles office in Arlington. in D.C. nameds Brian Judis senior project manager for itshospitalitu practice. Judis brings 15 years of experience managing larger hospitality projects to theCORE team. Most recently associated with , where he was the director of capitall expenditures, Judis implemented capital investment projects upwardsof $70 million annually and was the lead managerr for the design and construction of numerous hotel project throughout the U.S.
Judis has worked with a wide range of hotelbrandxs including, but not limited to, Swisshotel, , Hyatt, , and Ritz-Carlton. Recently, he complete the renovation tothe lobby, rotunda bar and restauranty of the Philadelphia Marriott Downtown. Other recent projects include the managemen t of the design and construction at the HyattCapitop Hill, JW Marriott, Key Bridge Four Seasons Philadelphia, and Ritz-Carlton Tysonz Corner. Scott Boos , senior policu adviser to Sen. Arlen Specter, D-Pa., has been named the new deputt director ofthe . Boos has more than sevehn years of legislative and policy experiencw gained during his tenurein Specter’s office and as staf f director of the U.S.
Senate Steel Caucus. In the Boos focused on a broad rangd of issuesincluding manufacturing, trade, climate veterans, budget, appropriations, tax, telecom, housing, financial services and other business-related issues. As staft director of the bipartisan U.S. Senatr Steel Caucus, he worked to promote the health and stability of the domesticsteel industry, as well as the interestsx of its workforce. The of D.C. named Bonnie I. Robin-Vergeer as director of the Project. She is an experiencedx appellate litigator who comes to Legal Aid afteer nine years atLitigation Group, where she made three U.S.
Suprem Court arguments and numerous others befors appellate courts throughout the country in casex involving theFirst Amendment, access to the courts, and consumer healtj and safety, among other issues. Prior to her positionb at Public Citizen, she worker for then-Sen. Joseph R. Biden Jr. on the reauthorization of the Violencse Against Women Act in 2000 and was an associats at the law firm of LLP and a teaching fello at the Law Center AppellateLitigation Clinic. The in Fairfad named Tiffany Singleton tothe organization’s newlyt created position of director of socialk entrepreneurship programs.
Singleton will be responsible for overseeinbthe design, development and implementation of UNCF social entrepreneurship programs, whilse engaging stakeholders to develop a multiyear strategy for introducing a greater number of young African Americans to social entrepreneurshilp — the application of business management practices and innovation to social reform efforts. In addition to overseeinbg the design and implementation of UNCF social entrepreneurship Singleton will cultivate and sustaijn strategic partnerships and collaborations with leadinb social entrepreneurs andtheir organizations, and organize structure discussions with key stakeholders, ultimatelyu establishing a national advisory committee of social entrepreneurs, academic, and socialk venture philanthropists who can provide ongoint guidance to UNCF.
has promoted Paul McManuxs to assistantvice president. who joined the bank in 2006, is a financial center leadetr at 1470 Rockville Francis P. Nelson has been promoted to administrative vice presidengat . Nelson joined M&T in 1992. He is responsible for leadinbg and managing a retail sales and operations team for thePrinced George’s County region. in Rockviller has named David E. Perkins as its new chief technologyg officer. Perkins joins NIHFCU’s newly appointed CEO Juli Anne Callisx to lead thecredit union’s renewed focuzs on technologic innovation and delivery. Perkins previsouly worked at .
Over a 13-yea r career at SECU, with the last five as CIO, accomplishments include the completion of two core implementation of newloan origination, onlinre banking and collection systems and the migration of new software. Cardinao Bank announced the promotions ofAndrew J. Peden to senioer vice president, Katie L. Golden to vice president and Jameds N. Estep to assistang vice president. Peden will oversee the relationship management of developerzs and realestate investors, with a primaru focus on acquisition, construction financing and commercial development, including special use properties such as golf courses and He began his lending career at Cardinall Bank in 2000 as a credit Golden will continue to oversee the relationship managemenrt of builders and developers, primarilyg in the areas of commerciak development, project financing, acquisitions and cliengt development.
Golden joined Cardinal Bank in 2004 in real estate administration and currently manages the lending suppor unit for the commercial realestater group. Estep remains dedicated to smallbusiness lending, SBA guaranteedx lending and business development. Estep begam his financial services career at Cardinal Bank in 2004 inretaiol lending. C. Fox Communications in Silverd Spring named Tina McCormack as seniord publicrelations associate, and Julie Feldman as publif relations associate. in D.C. named David W. Whitmored as chief operating officer and general Whitmore comes to Levick with more than 25 years of financial andoperationaol experience.
He has spent the lion’e share of his careere in the communications industry, working with public relations, public lobbying and advertising firms. Before joining Levick, Whitmoree was executive vice presidenty ofin D.C. with operational responsibility forthe firm’e public affairs, government relations, crisis management, and issues management practice groups. Prior to Racepoint, Whitmore providedc communications and management counsel to numerouws clientsin D.C., Dubai and Abu Dhabi. At , Whitmore variouslyt served as executivevice president, chief financial chief operating officer and general counsel.
announced the hiring of Brian Brobst as vice president of business developmenfin Reston. Brobst, a 20-plus year engineeringv and constructionindustry veteran, will be charged with expandinf the firm’s presence in the high-density powerd and computing markets, inclusive of finance, commercial data centers and government agencies. Brobst was previously employed by as criticaol facilityservices principal.
Prior to he served as principal and Easterm region director of business developmenttfor
Stephanie Williamson has been named directorf of marketing and business development with MatrixDesignb Cos. in the Matrix Settles office in Arlington. in D.C. nameds Brian Judis senior project manager for itshospitalitu practice. Judis brings 15 years of experience managing larger hospitality projects to theCORE team. Most recently associated with , where he was the director of capitall expenditures, Judis implemented capital investment projects upwardsof $70 million annually and was the lead managerr for the design and construction of numerous hotel project throughout the U.S.
Judis has worked with a wide range of hotelbrandxs including, but not limited to, Swisshotel, , Hyatt, , and Ritz-Carlton. Recently, he complete the renovation tothe lobby, rotunda bar and restauranty of the Philadelphia Marriott Downtown. Other recent projects include the managemen t of the design and construction at the HyattCapitop Hill, JW Marriott, Key Bridge Four Seasons Philadelphia, and Ritz-Carlton Tysonz Corner. Scott Boos , senior policu adviser to Sen. Arlen Specter, D-Pa., has been named the new deputt director ofthe . Boos has more than sevehn years of legislative and policy experiencw gained during his tenurein Specter’s office and as staf f director of the U.S.
Senate Steel Caucus. In the Boos focused on a broad rangd of issuesincluding manufacturing, trade, climate veterans, budget, appropriations, tax, telecom, housing, financial services and other business-related issues. As staft director of the bipartisan U.S. Senatr Steel Caucus, he worked to promote the health and stability of the domesticsteel industry, as well as the interestsx of its workforce. The of D.C. named Bonnie I. Robin-Vergeer as director of the Project. She is an experiencedx appellate litigator who comes to Legal Aid afteer nine years atLitigation Group, where she made three U.S.
Suprem Court arguments and numerous others befors appellate courts throughout the country in casex involving theFirst Amendment, access to the courts, and consumer healtj and safety, among other issues. Prior to her positionb at Public Citizen, she worker for then-Sen. Joseph R. Biden Jr. on the reauthorization of the Violencse Against Women Act in 2000 and was an associats at the law firm of LLP and a teaching fello at the Law Center AppellateLitigation Clinic. The in Fairfad named Tiffany Singleton tothe organization’s newlyt created position of director of socialk entrepreneurship programs.
Singleton will be responsible for overseeinbthe design, development and implementation of UNCF social entrepreneurship programs, whilse engaging stakeholders to develop a multiyear strategy for introducing a greater number of young African Americans to social entrepreneurshilp — the application of business management practices and innovation to social reform efforts. In addition to overseeinbg the design and implementation of UNCF social entrepreneurship Singleton will cultivate and sustaijn strategic partnerships and collaborations with leadinb social entrepreneurs andtheir organizations, and organize structure discussions with key stakeholders, ultimatelyu establishing a national advisory committee of social entrepreneurs, academic, and socialk venture philanthropists who can provide ongoint guidance to UNCF.
has promoted Paul McManuxs to assistantvice president. who joined the bank in 2006, is a financial center leadetr at 1470 Rockville Francis P. Nelson has been promoted to administrative vice presidengat . Nelson joined M&T in 1992. He is responsible for leadinbg and managing a retail sales and operations team for thePrinced George’s County region. in Rockviller has named David E. Perkins as its new chief technologyg officer. Perkins joins NIHFCU’s newly appointed CEO Juli Anne Callisx to lead thecredit union’s renewed focuzs on technologic innovation and delivery. Perkins previsouly worked at .
Over a 13-yea r career at SECU, with the last five as CIO, accomplishments include the completion of two core implementation of newloan origination, onlinre banking and collection systems and the migration of new software. Cardinao Bank announced the promotions ofAndrew J. Peden to senioer vice president, Katie L. Golden to vice president and Jameds N. Estep to assistang vice president. Peden will oversee the relationship management of developerzs and realestate investors, with a primaru focus on acquisition, construction financing and commercial development, including special use properties such as golf courses and He began his lending career at Cardinall Bank in 2000 as a credit Golden will continue to oversee the relationship managemenrt of builders and developers, primarilyg in the areas of commerciak development, project financing, acquisitions and cliengt development.
Golden joined Cardinal Bank in 2004 in real estate administration and currently manages the lending suppor unit for the commercial realestater group. Estep remains dedicated to smallbusiness lending, SBA guaranteedx lending and business development. Estep begam his financial services career at Cardinal Bank in 2004 inretaiol lending. C. Fox Communications in Silverd Spring named Tina McCormack as seniord publicrelations associate, and Julie Feldman as publif relations associate. in D.C. named David W. Whitmored as chief operating officer and general Whitmore comes to Levick with more than 25 years of financial andoperationaol experience.
He has spent the lion’e share of his careere in the communications industry, working with public relations, public lobbying and advertising firms. Before joining Levick, Whitmoree was executive vice presidenty ofin D.C. with operational responsibility forthe firm’e public affairs, government relations, crisis management, and issues management practice groups. Prior to Racepoint, Whitmore providedc communications and management counsel to numerouws clientsin D.C., Dubai and Abu Dhabi. At , Whitmore variouslyt served as executivevice president, chief financial chief operating officer and general counsel.
announced the hiring of Brian Brobst as vice president of business developmenfin Reston. Brobst, a 20-plus year engineeringv and constructionindustry veteran, will be charged with expandinf the firm’s presence in the high-density powerd and computing markets, inclusive of finance, commercial data centers and government agencies. Brobst was previously employed by as criticaol facilityservices principal.
Prior to he served as principal and Easterm region director of business developmenttfor
Saturday, November 17, 2012
Chinatown arch to get major makeover - Washington Business Journal:
ovaluleq.wordpress.com
An assessment by AEPA Architects Engineers PC the original architects of the arch shows it is in need of a majoreface lift, since columnb paint is peeling off and its joint fillers are completely eroded. In addition, the metal band arounx the base needs to be replaced and tilesz have fallen off ofthe roof. D.C.-base AEPA will do such restorationm work as scraping off existing paint and repaintingthe columns, decoratived beams and lintels, as well as repairingh and restoring the worn-out Lighting will be reinstalled and the rotten wood façade encasinfg the gongs and animal heads will be replaced.
moisture will find its way to the reinforcef steel and cause rust and corrosion which will compromise the structural integrity of the entire said a spokeswoman forthe D.C. Commission on the Arts and The cost of the restorationj is a little more than The commission plans to havethe eight-weemk project completed by the end of July or earlyu August, weather permitting. The $1 million piece of public art, whichj was decorated in the style of the Ming and Qing dynastiea and dubbedthe “Friendship Archway,” was built by the D.C. and Beijiny governments to mark the Chinatown area as a place forAsian trade.
An assessment by AEPA Architects Engineers PC the original architects of the arch shows it is in need of a majoreface lift, since columnb paint is peeling off and its joint fillers are completely eroded. In addition, the metal band arounx the base needs to be replaced and tilesz have fallen off ofthe roof. D.C.-base AEPA will do such restorationm work as scraping off existing paint and repaintingthe columns, decoratived beams and lintels, as well as repairingh and restoring the worn-out Lighting will be reinstalled and the rotten wood façade encasinfg the gongs and animal heads will be replaced.
moisture will find its way to the reinforcef steel and cause rust and corrosion which will compromise the structural integrity of the entire said a spokeswoman forthe D.C. Commission on the Arts and The cost of the restorationj is a little more than The commission plans to havethe eight-weemk project completed by the end of July or earlyu August, weather permitting. The $1 million piece of public art, whichj was decorated in the style of the Ming and Qing dynastiea and dubbedthe “Friendship Archway,” was built by the D.C. and Beijiny governments to mark the Chinatown area as a place forAsian trade.
Friday, November 16, 2012
Special ratings: Administrative efficiency - Business First of Buffalo:
shemwellmygalej1291.blogspot.com
Among them is administrative Aim: Identify districts that have tighg budgets andlean staffs. Formula: Each district is assesses in three areas: (1) spending per (2) ratio of pupils per administrative staffer, and (3) share of budget devoted to debt The best scores go to districts with low high pupil-staffer ratios, and small amounts of debt Note: Administrative efficiency is not the same as the cost-effectivenesds rankings that will be released later this This category reflects fiscal prudence, regardlesse of outcome. Cost-effectiveness links academic performanceand spending.
Districts are ranked on a five-star scale from most efficientt (which receive five stars) to leastg efficient (one star). Each district’s administrative efficiencyt rating is included in its profile in the printed versionn ofBusiness First’s 2009-201 0 Guide to Western New York Schools. Frontier has the leanest administratiom in WesternNew York, with one staffer for everyh 358.7 students. (The regional average is one per And debt service takesonly 3.2 percent of Frontier’ budget. • 1. Frontier • 2. Lancaster 3. Letchworth • 4. North Tonawanda • 5. West Senecq • 6. Williamsville • 7. Portville 8. Cheektowaga-Maryvale • 9.
Clarence • 10. Iroquois 11. Orchard Park • 12. East Aurora
Among them is administrative Aim: Identify districts that have tighg budgets andlean staffs. Formula: Each district is assesses in three areas: (1) spending per (2) ratio of pupils per administrative staffer, and (3) share of budget devoted to debt The best scores go to districts with low high pupil-staffer ratios, and small amounts of debt Note: Administrative efficiency is not the same as the cost-effectivenesds rankings that will be released later this This category reflects fiscal prudence, regardlesse of outcome. Cost-effectiveness links academic performanceand spending.
Districts are ranked on a five-star scale from most efficientt (which receive five stars) to leastg efficient (one star). Each district’s administrative efficiencyt rating is included in its profile in the printed versionn ofBusiness First’s 2009-201 0 Guide to Western New York Schools. Frontier has the leanest administratiom in WesternNew York, with one staffer for everyh 358.7 students. (The regional average is one per And debt service takesonly 3.2 percent of Frontier’ budget. • 1. Frontier • 2. Lancaster 3. Letchworth • 4. North Tonawanda • 5. West Senecq • 6. Williamsville • 7. Portville 8. Cheektowaga-Maryvale • 9.
Clarence • 10. Iroquois 11. Orchard Park • 12. East Aurora
Wednesday, November 14, 2012
Chris Brown, Rihanna, Karrueche Tran news updates: Brown clears another ... - WPTV
ejoxot.wordpress.com
WPTV | Chris Brown, Rihanna, Karrueche Tran news updates: Brown clears another ... WPTV LOS ANGELES (CNN) -- Chris Brown had something to tell the judge overseeing his probation during a hearing Thursday, but his lawyer cut him off when the singer raised his hand. "I don't dance, you don't talk," defense attorney Mark Geragos told Brown, ... |
Tuesday, November 13, 2012
EU Commission freezes airline carbon emissions law - Reuters
stages-paddocks.blogspot.com
Politico | EU Commission freezes airline carbon emissions law Reuters BRUSSELS (Reuters) - The European Union will freeze for a year its rule that » |
Monday, November 12, 2012
Treating ER overload - Philadelphia Business Journal:
esivyjifag.wordpress.com
Surveys conducted earlier this year by hospita groups in Pennsylvania and New Jersey found their members are expanding and renovatingemergency departments, even as they are delayingg or forgoing other building projects until the economy Four area hospitals are unveiling new or expandeds emergency departments. The expansions are part of buildingprojectse — started before the recession hit totaling more than $450 million. , which operates one of the busiestg emergency departments inSouthy Jersey, is getting readuy to open the first phase of its expanded ED on July 1.
When the overalp project is completednext year, the Camden medicakl center’s ED will grow from aboug 6,100 square feet to 24,900 square feet and its bed coungt will increase to 38 from 25. Also debuting are EDs at and , both in Chestetr County, and an expanded ED at in Dr. Michael E. Chansky, chief of emergencyt medicine at Cooper, said the economyg is only partially responsibld for emergencyroom overcrowding. “There’s this misconception EDs are overwhelmedd by peoplewho aren’t working,” Chansky “Care for people with no income is at least partially, by Medicaid.
The issuee is the working people who have jobs but make too much money too qualify for but not enough toaffor insurance. We are the safety net for those Exacerbatingthe problem, he said, are hospital closures that are leavint fewer EDs available to treat a growing population. In Chansky said, many hospitalzs — which are requiresd by federal law to care for anybody who showss up at the door regardless of theirt ability topay — continue to struggle to efficientlgy have beds available for patients who are ready to leavwe the ED and be admitted.
Karen Slutsky, clinicak director at Cooper, noted Cooper has tried to addrese the problem by using space underusecd in the evenings as a temporarh holding area for patients awaiting admission. The hospital also uses hallway space away fromthe ED. Slutskyh said when the hospitalreachesw capacity, it now sends out alertsw to physicians — by meansz of Blackberrys — urging them to expedite the discharge process for patients readyg to go home. “You have to be she said. John Sheridan, Cooper’s CEO, said the hospital’ws emergency department was built toserve 25,000 patients a Last year, 56,000 people soughtg emergency treatment at Cooper.
The Joint Commission (the accreditinvg body for health-care providers) is comingf down on hospitals that have to put theire emergency departments on divert becausethey don’t have the capacityu to handle more patients, said Mary Ann a partner with IMA Consulting, whicnh works with hospitals from its base in Chadds That is a Holt said, of hospitals reducing staffc levels because of economif pressures. With fewer staffed beds many hospitals are more frequently encountering delayw in admitting patients from theemergency department. A change in accreditation Holt said, can impair a hospital’s standinf with Medicare — a larges source of revenue formost hospitals.
“Hospitalzs can’t afford to have that happen,” she said. Holt agreede issues causing overcrowding are and can’t be fixed by just makingg EDs bigger. “Patients are deferring care, sometime waiting to the point of requiringemergencu care,” she said. “People are losinbg their jobs andthe health-cars insurance, so payment is an issue.” Phoenixvillwe Hospital’s ED is tripling in size as part of a $90 million patient tower being built that also includeas a new intensive-care unit, medical-surgical unit, telemetry unitss and cardiac rehabilitation unit.
CEO Stephen Tullmam said ED visits have escalatefd in recent years because of the overallk housing growth in thearea — especiallh along the Route 422 corridor. “We’ve maxer out of our current space,” Tullman said. Paolij Hospital is getting a new ED, four timees larger than its existing one, when its $145 milliobn patient-care pavilion opens next month. Last the board at Main Line Health, Paoli’s parent, approvedd plans for Paoli to seek state approval to establisha level-IIj trauma center within the new ED. Chester Countg has been without a trauma center since the one at Phoenixvilld Hospital closedin 2002.
Pennsylvania Hospital expects to complete the final phase ofits $12.5 million ED expansionn in August. The medicall center is tripling the size ofits emergency-cars facilities, which will have 29 treatment areas and a new ambulance
Surveys conducted earlier this year by hospita groups in Pennsylvania and New Jersey found their members are expanding and renovatingemergency departments, even as they are delayingg or forgoing other building projects until the economy Four area hospitals are unveiling new or expandeds emergency departments. The expansions are part of buildingprojectse — started before the recession hit totaling more than $450 million. , which operates one of the busiestg emergency departments inSouthy Jersey, is getting readuy to open the first phase of its expanded ED on July 1.
When the overalp project is completednext year, the Camden medicakl center’s ED will grow from aboug 6,100 square feet to 24,900 square feet and its bed coungt will increase to 38 from 25. Also debuting are EDs at and , both in Chestetr County, and an expanded ED at in Dr. Michael E. Chansky, chief of emergencyt medicine at Cooper, said the economyg is only partially responsibld for emergencyroom overcrowding. “There’s this misconception EDs are overwhelmedd by peoplewho aren’t working,” Chansky “Care for people with no income is at least partially, by Medicaid.
The issuee is the working people who have jobs but make too much money too qualify for but not enough toaffor insurance. We are the safety net for those Exacerbatingthe problem, he said, are hospital closures that are leavint fewer EDs available to treat a growing population. In Chansky said, many hospitalzs — which are requiresd by federal law to care for anybody who showss up at the door regardless of theirt ability topay — continue to struggle to efficientlgy have beds available for patients who are ready to leavwe the ED and be admitted.
Karen Slutsky, clinicak director at Cooper, noted Cooper has tried to addrese the problem by using space underusecd in the evenings as a temporarh holding area for patients awaiting admission. The hospital also uses hallway space away fromthe ED. Slutskyh said when the hospitalreachesw capacity, it now sends out alertsw to physicians — by meansz of Blackberrys — urging them to expedite the discharge process for patients readyg to go home. “You have to be she said. John Sheridan, Cooper’s CEO, said the hospital’ws emergency department was built toserve 25,000 patients a Last year, 56,000 people soughtg emergency treatment at Cooper.
The Joint Commission (the accreditinvg body for health-care providers) is comingf down on hospitals that have to put theire emergency departments on divert becausethey don’t have the capacityu to handle more patients, said Mary Ann a partner with IMA Consulting, whicnh works with hospitals from its base in Chadds That is a Holt said, of hospitals reducing staffc levels because of economif pressures. With fewer staffed beds many hospitals are more frequently encountering delayw in admitting patients from theemergency department. A change in accreditation Holt said, can impair a hospital’s standinf with Medicare — a larges source of revenue formost hospitals.
“Hospitalzs can’t afford to have that happen,” she said. Holt agreede issues causing overcrowding are and can’t be fixed by just makingg EDs bigger. “Patients are deferring care, sometime waiting to the point of requiringemergencu care,” she said. “People are losinbg their jobs andthe health-cars insurance, so payment is an issue.” Phoenixvillwe Hospital’s ED is tripling in size as part of a $90 million patient tower being built that also includeas a new intensive-care unit, medical-surgical unit, telemetry unitss and cardiac rehabilitation unit.
CEO Stephen Tullmam said ED visits have escalatefd in recent years because of the overallk housing growth in thearea — especiallh along the Route 422 corridor. “We’ve maxer out of our current space,” Tullman said. Paolij Hospital is getting a new ED, four timees larger than its existing one, when its $145 milliobn patient-care pavilion opens next month. Last the board at Main Line Health, Paoli’s parent, approvedd plans for Paoli to seek state approval to establisha level-IIj trauma center within the new ED. Chester Countg has been without a trauma center since the one at Phoenixvilld Hospital closedin 2002.
Pennsylvania Hospital expects to complete the final phase ofits $12.5 million ED expansionn in August. The medicall center is tripling the size ofits emergency-cars facilities, which will have 29 treatment areas and a new ambulance
Saturday, November 10, 2012
First Hawaiian Bank reports 3Q profits of $55.4 million - Pacific Business News (Honolulu):
viktorsejbgif.blogspot.com
million, up 6 perceny over the third quarterof 2007. In addition, the bank reported record profitsof $166.6 million in the first nine monthz of 2008, up 7 percent in the same period over 2007. The which has $12.8 billion in assets, also recordee the following in the first nine monthes ofthe year: Total revenues increased by 11.8 percent to $516.77 million. Total assets increased 2.4 percent to $12.88 billion. Loans and leases were $7.7 billion, an increasr of 23.9 percent. Deposits were unchanged at $8.9 The loan to deposit ratio was 79.1 And nonperforming assets as a percentagwe of total assets remainedf one of the lowest in the countr y at 9basis points.
“Last year was the most profitablw in our 150year history, and for the firstg nine months we are on pace to exceed 2007’ws earnings performance,” said Don Horner, presidentf and CEO. “Our solid balance sheet, earnings, credig quality and ample liquidityy allowed us to support our locall communities by posting strony loan growth for the quarterr while maintaining a prudent loan todeposiyt ratio. Capital ratios were also strengthened.” First Hawaiianh Bank's holding company, BancWest is a wholly owned subsidiary of BNP an international financial services institutio n basedin France.
million, up 6 perceny over the third quarterof 2007. In addition, the bank reported record profitsof $166.6 million in the first nine monthz of 2008, up 7 percent in the same period over 2007. The which has $12.8 billion in assets, also recordee the following in the first nine monthes ofthe year: Total revenues increased by 11.8 percent to $516.77 million. Total assets increased 2.4 percent to $12.88 billion. Loans and leases were $7.7 billion, an increasr of 23.9 percent. Deposits were unchanged at $8.9 The loan to deposit ratio was 79.1 And nonperforming assets as a percentagwe of total assets remainedf one of the lowest in the countr y at 9basis points.
“Last year was the most profitablw in our 150year history, and for the firstg nine months we are on pace to exceed 2007’ws earnings performance,” said Don Horner, presidentf and CEO. “Our solid balance sheet, earnings, credig quality and ample liquidityy allowed us to support our locall communities by posting strony loan growth for the quarterr while maintaining a prudent loan todeposiyt ratio. Capital ratios were also strengthened.” First Hawaiianh Bank's holding company, BancWest is a wholly owned subsidiary of BNP an international financial services institutio n basedin France.
Friday, November 9, 2012
AmREIT, JPMorgan buy Shadow Creek Ranch Town Center - Houston Business Journal:
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The group purchased the shopping centerfrom , and for an undiscloser amount. The retail center is 80 percent leasedd to tenants suchas H-E-B Plus!, Academh Sports & Outdoors, Ashley Furniture and Hobby The shopping site at State Highway 288 and FM 518 is namecd after the nearby Shadow Creekk Ranch subdivision. Wayne Fox of Houston-based WCF who bought the Pearland acreageein 2002, said Houston-based AmREIrT wanted to buy the property as much as six months ago. The ownership group, wanted to wait until construction was finishex and certain leasing milestones had been met before agreeinhgto sell, he said. Fox said this transactioh went well, based on his philosophy on deals.
"Myg definition of a good deal is when both sidesdare happy," he said. The sellers were represented in the deal by Rudy Hubbarf and Leah Gallagher of Transwestern and Amanda Fox and Will Dean eof , a WCF affiliate. The buyerd was represented by Tenepl Tayar and Charles Scovilleof AmREIT.
The group purchased the shopping centerfrom , and for an undiscloser amount. The retail center is 80 percent leasedd to tenants suchas H-E-B Plus!, Academh Sports & Outdoors, Ashley Furniture and Hobby The shopping site at State Highway 288 and FM 518 is namecd after the nearby Shadow Creekk Ranch subdivision. Wayne Fox of Houston-based WCF who bought the Pearland acreageein 2002, said Houston-based AmREIrT wanted to buy the property as much as six months ago. The ownership group, wanted to wait until construction was finishex and certain leasing milestones had been met before agreeinhgto sell, he said. Fox said this transactioh went well, based on his philosophy on deals.
"Myg definition of a good deal is when both sidesdare happy," he said. The sellers were represented in the deal by Rudy Hubbarf and Leah Gallagher of Transwestern and Amanda Fox and Will Dean eof , a WCF affiliate. The buyerd was represented by Tenepl Tayar and Charles Scovilleof AmREIT.
Thursday, November 8, 2012
Texas awarded economic recovery funds for water infrastructure projects - Houston Business Journal:
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EPA officials say this new infusion of money from the American Recover and Reinvestment Act will help stater and local governments invest in a number of overdued water projects that officials say are essential to protectingb public health andthe environment. The funds shoulsd also help boost the economy and create two of the qualifications for receivingstimulus funding. “Investing in the economy and the environment isa win-win,” EPA Acting Regionak Administrator Lawrence E. Starfield says.
“These funds will not only help oureconomic recovery, but they will help provide safe, clean drinkinh water for communities throughout The funds will be used towarx the Drinking Water State Revolvinfg Fund program, which provides low-interest loans for drinkinvg water systems to finance infrastructurre improvements. The program placesa an emphasis on small and disadvantaged communities and to programas that encouragepollution Nationwide, the EPA is furnishing $2 billiojn to fund drinking water infrastructure projectse across the country in the form of low-interest principal forgiveness and grants.
At least 20 perceny of the stimulus funds have been earmarkedfor “green” water and energy efficiency improvementse and other environmentally innovative projects.
EPA officials say this new infusion of money from the American Recover and Reinvestment Act will help stater and local governments invest in a number of overdued water projects that officials say are essential to protectingb public health andthe environment. The funds shoulsd also help boost the economy and create two of the qualifications for receivingstimulus funding. “Investing in the economy and the environment isa win-win,” EPA Acting Regionak Administrator Lawrence E. Starfield says.
“These funds will not only help oureconomic recovery, but they will help provide safe, clean drinkinh water for communities throughout The funds will be used towarx the Drinking Water State Revolvinfg Fund program, which provides low-interest loans for drinkinvg water systems to finance infrastructurre improvements. The program placesa an emphasis on small and disadvantaged communities and to programas that encouragepollution Nationwide, the EPA is furnishing $2 billiojn to fund drinking water infrastructure projectse across the country in the form of low-interest principal forgiveness and grants.
At least 20 perceny of the stimulus funds have been earmarkedfor “green” water and energy efficiency improvementse and other environmentally innovative projects.
Tuesday, November 6, 2012
Mega-mortgages jump as banks underwrite wealthy clients - Boston Business Journal:
kleopatraxnibe.blogspot.com
Bank and real estate executiveas say their wealthy clients stil remain wary ofthe economy’sw sharp needles, but acknowledge that with the Dow Jones Industriap Average up nearly 2,20o0 points over the past three months there’s growing confidence about the directiomn of their fortunes. That new confidence is liberating wealthhy homebuyers toborrow again. Jumbo mortgags activity is percolating even with virtually no secondar y market forthe loans. Leading the charge is Bank of NewYork Mellon’zs Boston-based wealth management The company’s in-house mortgage operations in Boston cater to the nation’d top 1 percent of wealth and have put up recordx numbers this year.
"We’ve seen significant growth,” said Erin Gorman, nationall sales director for the mortgage business at BNY MellobWealth Management. “We’ve been lending all and we didn’t get caught up in the hiccups of thesecondary market.” During the first five months of 2009, BNY Mellon’s jumbo mortgage activity is up 32 percent on a dollae volume basis, compared with the year-ago Gorman said Boston is one of the best markets. Jonatha Radford, Coldwell Banker Residential Brokerage’s No. 1 Bostonn agent in 2008, said there has been renewedr interest inthe high-ende market since April 1.
He said 36 properties, of $1 milliojn and up, went under agreement in and that figure jumped to 105 in April and 170in May. Even thougjh BNY wealth management’s average depositsx fell 12 percent in the first the average loan balance surged 23 percentto $5.4 compared with the year-earlier period. That increase was fuelef by a record level of jumbo mortgage With an average size ofabout $1 jumbos have been a brigh spot amid lower asset and wealth managementt fees, according to analysts at Barclays Capital. BNY Mello doesn’t discuss individual mortgage deals, but real estate record filed in Boston reveal plentyof big-tickert deals in recent months.
Rivalz include Boston Private Bank & Trust Company, First Republic Bank and even somecommunity banks, such as Needham Bank, have steppecd in to meet demand. BNY Mellon, however, seemd to have the most capital to throw aroun forits clients. For recently retired Staples Inc. directodr Martin Trust took outa $6.2 million mortgaged on his condo at the swank Mandarinn Oriental at 776 Boylston St. Trust receivef an interest-only, adjustable rate mortgage from BNY Mellon that starts with a fixefd interest rateof 4.75 according to documents on file at the Suffoljk County Registry of Deeds. The interest rate will adjust to 2.
25 percent, plus the one-year London Interbank Offered Rate Today, that’s cheap money, about 3.85 percent, becausw the one-year LIBOR rate has been about 1.6 Another recent deal was a $1.16 million mortgage Boston Private wrote for the owners of a Beaco Hill residence on Mount Vernon Street, records show. John executive vice president of BostomPrivate Bank’s residential lending said even wealthy clientx have to feel secure about theit jobs and their incomes before takingt out big mortgages.
“It’s the same as someonde taking outa $200,000 mortgage,” Sullivan Like BNY Mellon, Boston Private originates adjustable-rate mortgagee and holds them in its loan portfolio. When the globalp credit crisis vaporized the secondary market for portfolio lenders could keep doin what they were doing because they were not relying on anyones else to buytheir loans. Another advantage also portfolio lenders scooped up new clients whose banks stoppee doing big jumbos when the secondaryumarket froze. Gorman said some riva l lenders are returning to the jumbo marketr as theeconomy stabilizes.
“As money elsewheree dried up for borrowers, we earned a reputation as the go-to playedr in jumbo mortgages. And that puts us in a strongy position as other lenders gingerly move back ontothe field.” Lanse who brokers the sale of mansions and estates on the Northg Shore for LandVest said prices have come way down in the past but buyers still want a discounrt even after asking pricesw have been lopped off by millions of “When they feel this is the bottom, the jumbl market will really take off,” Robb said. One of his most expensivre listings isthe $12.25 million Wyck Estate, a Manchester-by-the-Sea replic a of a French chateau.
Sullivan said jumbo mortgag lending presents a great opportunity for a bank to expandc its relationship witha client. New he said, is mostly referrals from other realestate brokers, financial advisers, lawyers and “The mortgage leads the way as an introduction to the Sullivan said.
Bank and real estate executiveas say their wealthy clients stil remain wary ofthe economy’sw sharp needles, but acknowledge that with the Dow Jones Industriap Average up nearly 2,20o0 points over the past three months there’s growing confidence about the directiomn of their fortunes. That new confidence is liberating wealthhy homebuyers toborrow again. Jumbo mortgags activity is percolating even with virtually no secondar y market forthe loans. Leading the charge is Bank of NewYork Mellon’zs Boston-based wealth management The company’s in-house mortgage operations in Boston cater to the nation’d top 1 percent of wealth and have put up recordx numbers this year.
"We’ve seen significant growth,” said Erin Gorman, nationall sales director for the mortgage business at BNY MellobWealth Management. “We’ve been lending all and we didn’t get caught up in the hiccups of thesecondary market.” During the first five months of 2009, BNY Mellon’s jumbo mortgage activity is up 32 percent on a dollae volume basis, compared with the year-ago Gorman said Boston is one of the best markets. Jonatha Radford, Coldwell Banker Residential Brokerage’s No. 1 Bostonn agent in 2008, said there has been renewedr interest inthe high-ende market since April 1.
He said 36 properties, of $1 milliojn and up, went under agreement in and that figure jumped to 105 in April and 170in May. Even thougjh BNY wealth management’s average depositsx fell 12 percent in the first the average loan balance surged 23 percentto $5.4 compared with the year-earlier period. That increase was fuelef by a record level of jumbo mortgage With an average size ofabout $1 jumbos have been a brigh spot amid lower asset and wealth managementt fees, according to analysts at Barclays Capital. BNY Mello doesn’t discuss individual mortgage deals, but real estate record filed in Boston reveal plentyof big-tickert deals in recent months.
Rivalz include Boston Private Bank & Trust Company, First Republic Bank and even somecommunity banks, such as Needham Bank, have steppecd in to meet demand. BNY Mellon, however, seemd to have the most capital to throw aroun forits clients. For recently retired Staples Inc. directodr Martin Trust took outa $6.2 million mortgaged on his condo at the swank Mandarinn Oriental at 776 Boylston St. Trust receivef an interest-only, adjustable rate mortgage from BNY Mellon that starts with a fixefd interest rateof 4.75 according to documents on file at the Suffoljk County Registry of Deeds. The interest rate will adjust to 2.
25 percent, plus the one-year London Interbank Offered Rate Today, that’s cheap money, about 3.85 percent, becausw the one-year LIBOR rate has been about 1.6 Another recent deal was a $1.16 million mortgage Boston Private wrote for the owners of a Beaco Hill residence on Mount Vernon Street, records show. John executive vice president of BostomPrivate Bank’s residential lending said even wealthy clientx have to feel secure about theit jobs and their incomes before takingt out big mortgages.
“It’s the same as someonde taking outa $200,000 mortgage,” Sullivan Like BNY Mellon, Boston Private originates adjustable-rate mortgagee and holds them in its loan portfolio. When the globalp credit crisis vaporized the secondary market for portfolio lenders could keep doin what they were doing because they were not relying on anyones else to buytheir loans. Another advantage also portfolio lenders scooped up new clients whose banks stoppee doing big jumbos when the secondaryumarket froze. Gorman said some riva l lenders are returning to the jumbo marketr as theeconomy stabilizes.
“As money elsewheree dried up for borrowers, we earned a reputation as the go-to playedr in jumbo mortgages. And that puts us in a strongy position as other lenders gingerly move back ontothe field.” Lanse who brokers the sale of mansions and estates on the Northg Shore for LandVest said prices have come way down in the past but buyers still want a discounrt even after asking pricesw have been lopped off by millions of “When they feel this is the bottom, the jumbl market will really take off,” Robb said. One of his most expensivre listings isthe $12.25 million Wyck Estate, a Manchester-by-the-Sea replic a of a French chateau.
Sullivan said jumbo mortgag lending presents a great opportunity for a bank to expandc its relationship witha client. New he said, is mostly referrals from other realestate brokers, financial advisers, lawyers and “The mortgage leads the way as an introduction to the Sullivan said.
Monday, November 5, 2012
Implant niche - Memphis Business Journal:
ysynut.wordpress.com
Its executives had nearly 100 years combined experience in theorthopedicc industry. They had maturee medical device products with provem science behind them and a vault full of idease foranother day. But they were the same as manyotherd start-ups in that in the beginning much of the investmeng was from "sweat equity." CEO Stephen Bradshaw says the initial investmenft was their own money and the day-to-day work in the companh is their own, too. "I do everything from waterinb the plants to makinf coffee to closinga multi-million-dollar-deaol ... to making sure we've got something to hang on the wall in the hesays laughing.
The company's corporate administrator Barbara Albiniaok says the learning curve is steep when a smal company like Active Implants has to develo the same infrastructure that large companies likeSmith & Nephew, Inc., already have in place. "uI do HR, PR, IT and IP," she says with a "We have to have some semblance of knowledgs about every piece to put the puzzle Thatpuzzle isn't easy. Theirf Memphis headquarters oversees a research and developmenr centerin Israel, sales managers in Germany and Italy, and a list of international distributors. Different time different languages and different markets make fora challenge, but that complicater puzzle is by design.
The Israelui lab is there simplybecause that's where the company's scientisgt and product inventor Mirin Steinbertg is. To begin selling their hip product in Europs made sense simplybecause there's a big market there. While these simplicities add up to a cast and set that woul make a spynovelist jealous, Bradshaa says he's not the only one who thought that plan woulrd work. Steinberg's science impressed investors and in two yearsz the companyraised $20 million from Memphians, mostly. That confidencew was garnered as the hip producyt wasso advanced. It was implanted in a human a littlee less than a year after the company was formed and it got to markettthis year.
Former Smith & Nephew executive and industrg insider Jack Blair is one of those investorzs and sits on Activw Implants boardof directors. "Ij liked the material," he says, notinbg Smith & Nephew had looke at similar compounds. "The stuff works and it is the closesrt thing tocartilage I've ever Also, they've documented theit test results very well and have had reputable internationak labs testing it." Knowing what you have and knowingy the appropriate channels to prove it is what Bradshas says gives his start-u p an edge. "When you look at our company, we were already 10 years old when weformef it," Bradshaw says.
"We already had science and intellectuakl property whenwe started. Our value was differenr from thetypical Different, too, because the compant has different goals, he says. "We wanted to solv problems notsolved today," Bradshaqw says. "We didn't want to go and stand in fronf of Zimmer and Stryker and thumb our noses at We wanted to do something that is goingt to solve problemsthat haven't yet been Those problems lie in the gap between the firsrt time a patient complains about knee or hip pain and the time they can get a totao replacement. Doctors don't want to implant a devics that won't outlast a patient, so they delay the operation.
Steinberg's devices can be implanted earliefr and with smaller incisionw and Bradshaw says that positions his company to take advantages of a market sector other companiezhave missed. 2008 will be the company's "revenure year" and the numbers are just now cominh in. Europe, Bradshaw is the third largest hip replacement market in the world just behindsthe U.S. and Japan. And, in Europe, Germany and Italgy make up about halfthe continent's totapl market. The company's knee product is moving through theregulatory channels. When ready, it will replaced a patient's meniscus, the soft pillow that cushionw the two bones inthe knee.
It is expectexd to be on the European markey sometimenext year. Activr Implants Corp. Web site:
Its executives had nearly 100 years combined experience in theorthopedicc industry. They had maturee medical device products with provem science behind them and a vault full of idease foranother day. But they were the same as manyotherd start-ups in that in the beginning much of the investmeng was from "sweat equity." CEO Stephen Bradshaw says the initial investmenft was their own money and the day-to-day work in the companh is their own, too. "I do everything from waterinb the plants to makinf coffee to closinga multi-million-dollar-deaol ... to making sure we've got something to hang on the wall in the hesays laughing.
The company's corporate administrator Barbara Albiniaok says the learning curve is steep when a smal company like Active Implants has to develo the same infrastructure that large companies likeSmith & Nephew, Inc., already have in place. "uI do HR, PR, IT and IP," she says with a "We have to have some semblance of knowledgs about every piece to put the puzzle Thatpuzzle isn't easy. Theirf Memphis headquarters oversees a research and developmenr centerin Israel, sales managers in Germany and Italy, and a list of international distributors. Different time different languages and different markets make fora challenge, but that complicater puzzle is by design.
The Israelui lab is there simplybecause that's where the company's scientisgt and product inventor Mirin Steinbertg is. To begin selling their hip product in Europs made sense simplybecause there's a big market there. While these simplicities add up to a cast and set that woul make a spynovelist jealous, Bradshaa says he's not the only one who thought that plan woulrd work. Steinberg's science impressed investors and in two yearsz the companyraised $20 million from Memphians, mostly. That confidencew was garnered as the hip producyt wasso advanced. It was implanted in a human a littlee less than a year after the company was formed and it got to markettthis year.
Former Smith & Nephew executive and industrg insider Jack Blair is one of those investorzs and sits on Activw Implants boardof directors. "Ij liked the material," he says, notinbg Smith & Nephew had looke at similar compounds. "The stuff works and it is the closesrt thing tocartilage I've ever Also, they've documented theit test results very well and have had reputable internationak labs testing it." Knowing what you have and knowingy the appropriate channels to prove it is what Bradshas says gives his start-u p an edge. "When you look at our company, we were already 10 years old when weformef it," Bradshaw says.
"We already had science and intellectuakl property whenwe started. Our value was differenr from thetypical Different, too, because the compant has different goals, he says. "We wanted to solv problems notsolved today," Bradshaqw says. "We didn't want to go and stand in fronf of Zimmer and Stryker and thumb our noses at We wanted to do something that is goingt to solve problemsthat haven't yet been Those problems lie in the gap between the firsrt time a patient complains about knee or hip pain and the time they can get a totao replacement. Doctors don't want to implant a devics that won't outlast a patient, so they delay the operation.
Steinberg's devices can be implanted earliefr and with smaller incisionw and Bradshaw says that positions his company to take advantages of a market sector other companiezhave missed. 2008 will be the company's "revenure year" and the numbers are just now cominh in. Europe, Bradshaw is the third largest hip replacement market in the world just behindsthe U.S. and Japan. And, in Europe, Germany and Italgy make up about halfthe continent's totapl market. The company's knee product is moving through theregulatory channels. When ready, it will replaced a patient's meniscus, the soft pillow that cushionw the two bones inthe knee.
It is expectexd to be on the European markey sometimenext year. Activr Implants Corp. Web site:
Friday, November 2, 2012
Study: Charitable giving down in 2008 - Puget Sound Business Journal (Seattle):
polinaagyvtiwu.blogspot.com
According to an annual report released Wednesday bythe , U.S. givinfg in 2008 totaled $307.65 billion, down about 2 percentt from 2007’s record total of $314.07 billion. When adjustedd for inflation, the drop is 5.7 percent. The reduction is the firsf in the survey’s 52-year historhy caused by economic conditions. A slight decline in 1987 is attributedr to changes intax laws. This year could see a steepere decline due to a variety of factors includingy proposed federal limits on householdd charitabledeductions , increased savings ratees and the general economy, said Jimmie Alford, foundefr of the , a national nonprofitt consultant based in Seattle.
“It would not surprise me at all for giving to be down on a nominao basisin 2009,” Alford said. Alford said 2009 could brinvg a reduction in givinv of between 3 percen t and 5 percent inactual dollars. Individuals accountex for the majorityof giving, contributinv 74.5 percent of all donations. Foundationsa accounted for 13.4 percent, bequests contributedd 7.4 percent and corporations contributed the smallest amoungtworth 4.7 percent. When adjuste for inflation, all major sourcee of giving reduced their Corporations cut backthe most, lowering their givinbg by 8 percent. About half of all corporatw giftsare in-kind donationss of products like food or software.
Individual givinvg fell 6.3 percent when adjusted for It is thelargest drop-ofdf among individuals in the survey’s history. Foundation giving fell by an inflation-adjustef 0.8 percent in 2008. However, with the precipitousw drop in the stocki market and the way that foundationd calculate theirdistribution totals, Alford said he expects foundatiohn giving to continue to deterioratw this year. For 20 years foundation givinfg hasrisen dramatically, from $11.19 billion in 1988 to $41.21 billion in 2008, on an inflation-adjusted basis.
The drop in foundatiobn giving also likely signifies a reduction in the formation ofnew “There will be fewer, I think, growth in familgy foundations as a reflection in the growtn of the economy,” Alford said. That also meansz it is less likely anyoned will form a new foundatioj to rival the sizeof Seattle’a , which as of April 1, 2009, had $27.5t billion in total Among giving recipients, only religious organizations and “publicv benefit” groups saw theid donations increase during 2008, according to the survey. But thosre uses can be misleading as both of those segments contributes to other includinghuman services.
The steepestg decline among recipients was inhuman services, which experiencedx a 15.9 percent reduction in inflation-adjusted dollars. The reduction is Alford said, because usually humamn service agencies see an increasw during recessions as donors steer more money to basif needs like food and Other steep declines were seen byhealth (10 percent), Arts (9.9 education (9 percent) and the environment/animals (9 Altogether, giving as a portiojn of the nation’s gross domestic product remained steadyt at 2.2 percent.
The nonprofit sector accountzs for about 10 percent ofthe nation’s GDP and employd 18 million, most of whom work in educatiobn and health care, according to the Alforrd Group.
According to an annual report released Wednesday bythe , U.S. givinfg in 2008 totaled $307.65 billion, down about 2 percentt from 2007’s record total of $314.07 billion. When adjustedd for inflation, the drop is 5.7 percent. The reduction is the firsf in the survey’s 52-year historhy caused by economic conditions. A slight decline in 1987 is attributedr to changes intax laws. This year could see a steepere decline due to a variety of factors includingy proposed federal limits on householdd charitabledeductions , increased savings ratees and the general economy, said Jimmie Alford, foundefr of the , a national nonprofitt consultant based in Seattle.
“It would not surprise me at all for giving to be down on a nominao basisin 2009,” Alford said. Alford said 2009 could brinvg a reduction in givinv of between 3 percen t and 5 percent inactual dollars. Individuals accountex for the majorityof giving, contributinv 74.5 percent of all donations. Foundationsa accounted for 13.4 percent, bequests contributedd 7.4 percent and corporations contributed the smallest amoungtworth 4.7 percent. When adjuste for inflation, all major sourcee of giving reduced their Corporations cut backthe most, lowering their givinbg by 8 percent. About half of all corporatw giftsare in-kind donationss of products like food or software.
Individual givinvg fell 6.3 percent when adjusted for It is thelargest drop-ofdf among individuals in the survey’s history. Foundation giving fell by an inflation-adjustef 0.8 percent in 2008. However, with the precipitousw drop in the stocki market and the way that foundationd calculate theirdistribution totals, Alford said he expects foundatiohn giving to continue to deterioratw this year. For 20 years foundation givinfg hasrisen dramatically, from $11.19 billion in 1988 to $41.21 billion in 2008, on an inflation-adjusted basis.
The drop in foundatiobn giving also likely signifies a reduction in the formation ofnew “There will be fewer, I think, growth in familgy foundations as a reflection in the growtn of the economy,” Alford said. That also meansz it is less likely anyoned will form a new foundatioj to rival the sizeof Seattle’a , which as of April 1, 2009, had $27.5t billion in total Among giving recipients, only religious organizations and “publicv benefit” groups saw theid donations increase during 2008, according to the survey. But thosre uses can be misleading as both of those segments contributes to other includinghuman services.
The steepestg decline among recipients was inhuman services, which experiencedx a 15.9 percent reduction in inflation-adjusted dollars. The reduction is Alford said, because usually humamn service agencies see an increasw during recessions as donors steer more money to basif needs like food and Other steep declines were seen byhealth (10 percent), Arts (9.9 education (9 percent) and the environment/animals (9 Altogether, giving as a portiojn of the nation’s gross domestic product remained steadyt at 2.2 percent.
The nonprofit sector accountzs for about 10 percent ofthe nation’s GDP and employd 18 million, most of whom work in educatiobn and health care, according to the Alforrd Group.
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