Phase 2 Consulting sold to Premier healthcare alliance - St. Louis Business Journal:

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St. Louis-based (NYSE: RHB) has agreed to sell P2C to , a divisionj of Charlotte, N.C.-based Premier healthcare The financial terms of the deal were not Headquartered in SaltLake City, P2C also has an offic e in Austin. RehabCare has been a contractede service supplier for Premiersince 2007. RehabCare Presidengt and CEO John Short said the sale supportathe company's long-term strategic plan and the proceeds will be used to reducse the company’s outstanding debt. “Given the aging populatioj and the support for bundled Medicarwe payments buildingin Washington, we foresees a rapidly expanding demand for our continuukm of post-acute care services.
This transaction allows us to focus more of our resources and energies on ourcore business,” Short Founded by Short in 1986 P2C provide s management and economic consulting services to the healthcare specializing in strategic planning, revenue cycle enhancement, physiciam alignment and clinical operations improvement. The firm has providex advisory services for some ofthe nation’s leadingv hospitals and health systems. In it was acquired by RehabCare when Shorty was namedthat company's new president and CEO.

QInvest Invests in the Landscaping Services Sector in Qatar - MarketWatch (press release)

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QInvest Invests in the Landscaping Services Sector in Qatar MarketWatch (press release) Based in Doha, Qatar, the companies specialize in providing landscaping and related maintenance services to governmental, corporate and industrial customers. This acquisition is the fourth private equity transaction completed by QInvest in the MENA ... and more »

'Sleeper House' foreclosure is withdrawn - South Florida Business Journal:

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The futuristic-looking house sits on Genesee Mountain, just outsidde metro Denver, and was featured in director/actor Woodu Allen’s 1973 movie “Sleeper.” The with a mortgage balance of $3.13 million, was foreclosefd on in the first quarter with LLC asthe lender’es trustee. The home’s owner is Denverr businessmanMichael Dunahay, founder of local timeshare company Vacation Solutions LLC. Foreclosures generally are withdrawn because a property ownefr is working with a lender to bring a loan current or a foreclosuresale wasn’t held in a timely manager, accordingt to Colorado foreclosure information.
Even aftedr the foreclosure is withdrawn, if the loan stays in default or goes intodefaultr again, a new foreclosure can be filed. Built in 1963 by the late architectyCharles Deaton, the three-storyu “Sleeper House” is officially called the Sculpturec House, and is known for its curvedr design. It’s internationally recognized as “one of the finestf examples of modern organic architecture in the accordingto ArchitectureForSale.com. Dunahay bought the housed in 2006for $3.43 million, accordiny to county real estate records, from softwarew millionaire and economic-development guru John Huggins. Hugginzs formerly was CFO of the Johnson-Grace Co.
softwarw business, as well as formef director of the Denver Offic e ofEconomic Development. The house was on the marke t for four years before Dunahay purchased it, and was pricef at $10 million when Huggins put it on the markeft in 2002. Property records show Huggins bought the housde in 1999for $1.33 million. Includinf roughly 7,000 square feet of the house hasfive bedrooms, five bathrooms and a four-car

FTC

http://www.collegecostshowmuch.com/2005/p_news/nit/2004/feb/20/usa-top4.html
The is requiring health care providers and many othee businesses to identify and respondto “red of identity theft. So, if a medical practice determinesz that fraudulent use ofsomeone else’s healthn insurance card is a potential problem, checkingg photo ID might be a way to respond through the so-called Red Flags Rule, mandated by the Fair and Accurats Credit Transactions Act of 2003. Any business that regularly defers payments for goodz and services or arranges for the extension of credirt is subject tothe regulation, includinfg retailers, phone companies and According to FTC guidance for health care “You are a creditor if you regularly bill patientse after the completion of services, including for the remaindef of medical fees not reimburse d by insurance.
” Providers also are covered if they establish paymentr plans. The argues that the medical community alreadyt guards against identify theft through the privacy and securitty mandates of the Health Insurance Portability andAccountabilitu Act, or HIPAA. The FTC contends that the Red Flags Rule complementes HIPPA byensuring that, if records are no one can use a false identity. According to the FTC, businessesw covered by the rule mustdevelo “reasonable policies and procedures” to identify, detecft and respond to red flags. Businesses also must addressd how they will stay current withthe ever-changing threatf of identify theft.
Noncompliance can lead to a fine of as muchas $3,500o a violation. lawyer Martie Ross said the Red Flagxs Rule mandates sensible safeguards for a significanyt threat to healthcare “This is good business practice, is what it Ross said. Dr. Ted Epperly, president of the Leawood-based , “I think it’s an important thint to do,” Epperly said.

Protecting the business against individual family interests - bizjournals:

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In the minds of many if nobody in the family is able or willing to take over running the company, the only options are to sell it or shut it But maybe not. A number of senioe owners of family companies who find themselves withoug a successor in the younger generatioh come up with ways to keep business ownership in the even if the management has to go Think about the Midwestern family that has ownef and operated a chain of small market newspapers for more than 160 Thefamily – we’ll call them the Smiths – has had very few internalp business disputes, and no one has ever elected to cash out of the In addition, there’s usually been a placre in the business for any qualified and committed familyt member who applied.
How have they managed that? Well, about 120 yearws ago, the widow of the founder’s son found herself the sole ownere of the growing andsuccessful business. She was decidedly unimpresser with thenext generation’s pool of managemenf talent, including her own children. She also heard some rumblings aboutf splitting up the company so that everyone who wantecd his own newspaper coulfhave it. Not a chance, said the gritty lady, and she put the whole kit and kaboodle into a She made a provision that if the trusr wereever broken, the compangy would have to be sold out of the family with the proceeds going to charity.
And if that wasn’t enoughu to scorch some bonnets, she also insistec that all future CEO’s be hired by the trustees and that nary a one of them be afamilhy member. A few featherd were ruffled atthe time, but today the Smithss have a very profitable and satisfying familty business. Another family in business – call them the Johnsonds – reached the end of their successorf string with the second generation offamilyg owners. Instead of calling it quitsx and selling theirmanufacturing company, the shareholding memberz of the family agreecd to bring in professional They conducted a global search and hire an experienced senior executivwe as president.
The Johnsonn family retained their representation on the boarr and a coupleof upper-level management jobs, but they let theird new CEO staff the executive suite with qualified peoplre he could work with effectively. And they provided compensation packagea for their outside executives that equaled the industry standarf andthen some. The Johnsons will continue to own their confident that although management is out ofthe family’sw hands, it’s in good hands.

Apple stock down on new iPhone, but no Jobs - Washington Business Journal:

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The stock finished trading at $143.85, down 0.57 percent, after beinh down as more than 3 perceny earlier inthe day. Speculation ahead of the San Francisc o event centered on if CEO Steve Jobs woulsd make his first appearance since takinvg medical leave earlier this year and whether the company would unveil its next generation Jobs didn't make an appearance, but Bloomberfg News cited unnamed sources Monday who said that he had been activelty involved in the company's preparation for Monday's conference. The new iPhonre is nearly three times faster to downloacd Web page and comes witha 3-megapixekl autofocus camera. It also has voice-control features and a built-in compass.
The 3GS also has improved battery life with up to nine hourwon WiFi, 10 hours while watching video, 30 hours usint audio, 12 hours using 2G talk and five hours using 3G It also features a new built-in digital compasds for instant navigation. The new iPhone, availables in black and whit e onJune 19, will sell for $199 for a 16GB modep and $299 for — New versions of the MacBooj Pro. A 15-inch version that starts at a lower-priced 17-inch that start at $2,499 and a 13-inch versiojn that starts at $1,199. — Lower pricesz for the MacBookAir ultra-thin line, cuttingf $700 off the 128GB model to $1,799 and cuttinf $300 off the base modeo at $1,499.
— A new version of the Mac operatin system, Snow Leopard, that is fasteer to install and takes up 6 gigabytes less harddriv space. The new operating system comes with a new version of the Safarui Web browser that Apple says is more robust and fastere thanprevious versions. — New iPhone softwarde including ability to cut and paste data and an alert feature that helps users find their devic e or remotely wipe its memory clean if it gets stolemn and later restore it using aniTunea backup.
Apple said at the conference that it has now sold more than 40 millionm iPhones and iPod Touches and that usere of the devices have a choice of morethan 50,000 softwar applications they can download.

Analog Devices, Inc. Company Profile | ADI Company Information

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We are a world leader in the design, manufacture and marketing of high-performance analog, mixed-signal and digital signall processing integrated circuits usedin industrial, communication, computed and consumer applications. Since our inception in 1965, we have focusedr on solving the engineering challenges associated with signal processinf inelectronic equipment. Our signal processing products translate real-world phenomena such as sound, temperature, motion and pressure into electrical signalss to be used in a wide array of electronivc equipment.
Used by over 60,000 customers our products are embedded inside many types of electronic equipment including industriakprocess controls, factory automation systems, defensee electronics, portable wireless communications cellular basestations, central office networkinf equipment, computers, automobiles, medical imaging digital cameras and digital televisions. Signal processing technologu is a critical elementof high-speed communications, digita entertainment, and other consumer, computer and industriapl applications.
As new generations of digitao applications evolve, they generate new needs for high-performancwe analog signal processing and digitallsignal processing, or DSP, We produce a wide range of products that are designex to meet the signal processing technology needs of a broa d base of customers. ...

Tenured UC Riverside professor faces rare firing discussions - Los Angeles Times

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Tenured UC Riverside professor faces rare firing discussions Los Angeles Times The UC Board of Regents is scheduled to discuss firing a Riverside professor. Sarkis Joseph Khoury has a history of quarrels with the university and says he's the victim of a witch hunt. By Larry Gordon, Los Angeles Times The University of California ... Tenured Professor Faces Dismissal at U. of California Board Meeting Chronicle of Higher Education (subscription) (blog)  »

TU identifies laid off workers - Tampa Bay Business Journal:

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, the paper’s New York City-based owner, accordinf to a post on the AlbanyNewspaper Guild’s blog The guild represents about half of the paper’s 400 and has been engaged in contract negotiations with management for nearly a No definite numbers are available, but abourt 35 people are expected to lose their Publisher George Hearst originally put the count at 65 to 70, but 33 peoplw have taken buyouts since May. The paperf is trying to cut expenses by20 percent. Accordin g to the guild site, employees—both union and nonunion—who were shownh the door were told they were gettintga 45-day paid leave that would most likely resulty in their being laid off.
Union rules requird that workers get 45 days notices of their jobsbeing eliminated. Management and Guil leaders are scheduled to meet July 8 to continu e their negotiation of layoff The paper presented its proposed terms to the union in late The union’s original contract, whichn expired in August, mandated that layoffs be based solelgy on seniority by department. Management said that woule not meetits needs, leading to the primary sticking pointg in the negotiation of a new It urged the union to vote on its “bestf and final” offer, which was rejected by a vote of 125 to 35.
This prompted management to declarean impasse, in turn, prompted the union to file a grievancew with the National Labor Relations On June 24, management told the union that in some job categoriess the layoffs would be made strictly on a last-hired-first-fired basis. But in 11 job categories—ninwe in editorial and two in salesand marketing—cutws will be based on other criteria, includingg job performance. Calls to Tim a Times Union reporter and Guild and publisher George Hearst were notimmediately returned.

Tonawanda Rite Aid will double in size - Business First of Buffalo:

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Developer Carl Paladino, through his 1093 Group affiliate, has acquirex the third and last Sheridan Drive parcelo he needed to completethe deal. Accordin g to public documents filed in the ErieCountyy Clerk’s office, the 1093 Group acquired the land from 2121 Sheridam Drive Inc., paying $575,000. The land is occupie d by Adam’s Nursery, which will remaij at the site as a tenant of the 1093 In Decemberand March, the 1093 Group acquire two neighboring Sheridan Drive paying a combined $2.35 million for the parcels.
Paladino said he wants to move a Rite Aid currently located at the southwestern corner of Sheridab Drive and Colvin Boulevard acrossa the street where an auto lube and repaier shopscurrently stands. The new Rite Aid, at will replace the smaller, 6,000-square-foot pharmacy. Paladino is negotiatingf with a bank to lease that existinb RiteAid store. The physical therapy businesse will also expand its offices alongSheridan Drive.
A sliver of the Adamx Nursery property will be usedfor Univera’s Final plans for the project are beingb reviewed by Town of Tonawanda

Treasury lets 10 banks repay $68B - Washington Business Journal:

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According to MarketWatch, and are not amongh them. The department says the institutions, whichu it did not have met the requirements for repayment established by federalbankinb supervisors. It says many bankw recently have raised equity capital from privates investors and haveissue long-term debt that is not guaranteex by the government. “These repayments are an encouraging sign of financial but we still have work to Treasury Secretary TimGeithner says. According to MarketWatch, the banks permitted to pay back the fund s are JPMorganChase & Co., Goldman Sachs Grouo Inc.
, Morgan Stanley, American Express, Bank of New York State Street, US Bancorp, BB&T Capital One Financial Corp. and Northern Trust. More than 600 banks receivedc a total ofnearly $200 billion through the department’d Troubled Asset Relief Program. About $2 billion of that money was paidback previously. Charlotte-basesd BofA (NYSE:BAC) received a total of $45 billio through the program. San Francisco-based Wells Fargo which acquired of Charlotte late last got $25 billion from the TARP which is designed to thaw the credir markets and boost the economy. Under the banks retiring their preferred stocki can repurchase the warrants held by theTreasuryu Department.
Besides the proceedw from the sales ofthe warrants, the department also has receivedd $4.5 billion in dividend payments from progran participants. Proceeds from the repayments will go to theTreasur Department’s general fund. The fundz can be used to reduce the nationalp debt and can serve as a cushio n in case the department needs to responds to financial emergencies inthe future, the departmengt says.

James dominates in return, Heat beat Nets 101-90 - Boston.com

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Boston.com

James dominates in return, Heat beat Nets 101-90 Boston.com By Brian Mahoney AP Basketball Writer / January 7, 2012 NEWARK, NJâ€"LeBron James returned to the lineup and scored 22 of his 32 points in the first quarter, and the Miami Heat rolled to a 101-90 victory over the New Jersey Nets on Saturday night ... and more »

M. Alan Menter - Dallas Business Journal:

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WHY HEALTH CARE : When I was I frequently went with my physiciajn dad onhouse calls, as well as to a smalol hospital he started in Johannesburg, Soutg Africa, for the local African accompanying him on his clinics and rounds. This certainly sparkes my interest in medicine at anearlhy age. In school, I enjoyerd science and math, which togethedr with my enjoymentof people-to-people interactiojn seemed like a natural “lead-in” to medicine. YOUR My passion is predominantly psoriasis, both research and however, I do treat the whole gamut ofdermatologicak diseases, including, but not limited to eczema, atopivc dermatitis, acne, skin cancer, aesthetics, etc.
Dallas being the only majofr city inthe U.S. with only one dermatologuy residency program, I am workin g with Dr. Dan Linda Timmerman and the Baylor staff to initiatw an upcoming dermatology residency program at I am also chairman of the Psoriasis Research Unit at the BaylorResearchn Institute, where Dr. McCoy and I are the principaol investigators for more than25 psoriasis-related investigationao drug studies, as well as studies relatinf to other dermatological conditions.
PROUD One of my achievements, I believe, has been the initiationh of the first International Gene Bank for Psoriasis in 1993 atBayloer Dallas, under the auspices of the National Psoriasis in collaboration with UT Southwestern. Subsequently, I was the co-discoverert of the first gene for psoriasisein 1994, published in the journal I also provide consulting work for multiple major pharmaceuticalo companies involved in new drug development for psoriasis, with no financiao stake in any.

Engineered service - Memphis Business Journal:

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That would make Laura Whitsitt the oddpersonm out. 19 years ago she graduated from the University of Memphis and went to work at the same place she serveed asan intern. And she'd still there today. "There's always been a new opportunityy atSmith & Nephew, so I never felt the reasobn was there to she says. Today Whitsitt is vice presidenf of research and development in reconstructive With the lag time of medical technology it means she can see wherre the industry will be 10 yearsfrom now, when productws that are still in the concept stage today have becomee standard in the future.
She sees a future of smaller cuts and less invasivd devices such as the new Birminghamk Hipresurfacing -- even technologiea to regenerate cartilage. "We're looking now at products that mimic natura lmovements better," she "There's always going to be the need for the hardware becauswe we can't do everything with early intervention. But we will postpone the need for the Whitsitt has a mindfor hardware. Born in Memphis and raisee in Lexington, Tenn., she excellecd in math and science in high school and benefited from having two teacherxs who encouraged her topursus engineering.
"It was tough becaus there weren't many women in the engineering program," says Lauralan Grisoni, who was a year ahead of Whitsitrtin college. "It was also very rewardinvg when you earned the respectf of yourmale peers. In a very male-dominated a woman stands out when she's recognized for her accomplishments." Grisoni toda is director of strategic marketingin computer-assisted surgert at Smith & Nephew. Except for a shortr time with WrightMedical Technology, she, too, is a long-timse employee of the company.
Whitsitt's resumer reads like a career path leading to herpresent She's gone from product development to to regulatory affairs, to groulp manager. And she's left her fingerprints on a number ofmajod developments. Whitsitt helped launch arthroscopic which came along and filledf anunmet need. In the mid-1990x Whitsitt was group manager of productr development forSmith & Nephew It was a time when her compan and others were facing negative publicitgy and lawsuits over pedicle screws, which are used to anchor metal rods to the For her it meantt a seemingly endless series of depositions, testing and evaluating the "The products were safe and effective," she "We ended up winninvg the fight.
" She's especially proud of her role in the launc h of Supartz, an injectible developed in Japan to relieve joint in particular the knee. "It's been a strong, successfulk product, but it also takes us further intoearlg treatment, and gets us with the patient s earlier," she says. Though she talks like an engineer anda product-oriented business person, Whitsitt exudes a sense of service. Early intervention isn't just good but allows people to continue to be activse and enjoytheir life, for example.
She also sits on the educatio board of MemphisBioworkws Foundation, which is developing the UT-Baptist Research and is a membef of the board of InMotion, which is dedicated to recruiting new biotech scientists to Whitsitt is the Smith & Nephew point person for the Memphis Academyt of Science and Engineering,Tennessee's first charterd school launched by Bioworks to produce a new generation of peopl ready to work at places like Smitb & Nephew. Whitsitt created an internship program at her compan y for those interested in researchand development. It exposes students to the kind of work she and lets the company size up the taleng and maybe make agood fit.
"It's givej her a way to foster and growyounbg engineers," Grisoni says. "We've seen peoplee go from research and shift into producr development because she recognized and brought out their true Life away from the job is also Whitsitt andher husband, Bob have remodeled three She does the design work while he does the They are also active at Christ Methodistg Church's outreach efforts to revitalize the Binghamton neighborhood. That includes plentyh of home repair. Laura Whitsitt also enjoys tutorinhg at LesterElementary School. It'w another form of earlu intervention. "It's good to get kids enthusiastic abourtschool early.
They learn to like readinfg anddoing homework." Vice president for R&D, Orthopaedic Reconstruction Smith & Nephew, Inc. B.S., mechanical engineering, 1987, Universitu of Memphis; M.S., mechanical engineering, U of M Family: Husband, Bob Whitsitt; Rob, Camille, Hannah Interests: Home community service

MemphisConnect has worked with 82 people since founded two years ago - Memphis Business Journal:

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MemphisConnect also helps increase the appeal and ease the transitionm to a new city by offering its servicesx for the spouses of prospective employees in findingt professional andsocial opportunities. So far, the program has workex with 82 people, says Kristee Bell, who has been directotr of MemphisConnect sinceDecember 2008. “We have 130 in waiting,” she One of MemphisConnect’s goals is to place newcomeras to Memphis on the boards of directors ofnonprofiy groups. “Nonprofits need thosse type people who want to be she says. “We make sure there’zs a real person there.
” Bell says 150 people were places on nonprofit boards last year by the LeadershiAcademy programs. “That’s kind of how we do it, by understandinyg what their passion is and gettingy them connected to their she says. Jana Lamanna was placed on the board of directorsz of after participating in the MemphisConnect program when she permanently relocated to Memphies from Missouriin 2004. “Now when I need a boars member or need someoneto serve, I can contactt the Leadership Academy,” says Lamanna, an attorney with . “Theuy have provided me with names of qualified andwilling persons.
” Lamannz says MemphisConnect and some of the otherr programs the Leadership Academyt offers helped her transition and allowed her to becom e more involved and invested in the “The MemphisConnect program can really direct you to what your interestzs are,” she says. “I have more friendes and contacts here than anywherdelse I’ve lived.” Bell says human resources managers and employers are attracted to the MemphisConnect program becaus they see it as a way to get theirt prospective and new employees adjusted to and investeed in their new hometown. “(Employers) include our letter in all theifrecruitment packets,” she says.
“They want to make sure thes e people they are putting their money into will stay in One company that has begun to use the MemphisConnect programk to enhance its recruiting effortsis . One of the biggesg challenges in recruitingfor St. Jude’s post-doctoratse fellowship program is finding opportunitiesfor candidates’ spouses, says Carl Jackson, associate director of the academic programs offic in biomedical sciences. Jacaranda van Rheenen, post-doctora l recruiter in the same St. Jude office, says it is too earlty in St.
Jude’s relationship with the Leadership Academyh to know how effective the MemphisConnect prograj will be in connectingprospective post-doctorate fellows and theird spouses. “But, I know (Bell) managed to find some positionxs that would be of interest to one of the spousex who will be comingin August,” van Rheene says. For St. the greatest benefit from working with MemphisConnect will be Bell showingtpotential post-doctoral fellows what Memphis has to offer by providingt information and giving presentations to groups of candidates. “Kristede has all this information at her vanRhennen says. “It’s a great sourcr of informationabout Memphis.
”