Friday, December 30, 2011

UnitedHealthcare, St. Joe

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United is expected to beginh sending out letters to its members and physicians who might be affectedc bySaint Joseph's termination of its Unitedr agreement, Atlanta Business Chronicle has learned. Under Georgiaa law, insurers are required to inform affected memberse within 30 days of acontracf expiration. The four-year contract was set to expird Aug. 1, but the deadlinse has been extendedto Aug. 8 as the two sides continu to negotiate. United provides health insurance coverage tonearly 1.5 millionj Georgians, including state About 6.5 percent of patient visitsw -- inpatient admissions and outpatient -- at Saint Joe were from Unitefd members.
If a contract cannot be reached, Sainr Joe facilities and doctors will be deemed “out-of-network” by United, requiring the insurer’s members to shell out more for hospitapl and doctors visits at Saintf Joe, than they would for “in-network” One of the main sticking pointw in the contract negotiations involvees Saint Joe seeking higher reimbursement from That issue has also bogged down contracf talks between and WellStar Health System. In mid WellStar issued letterswarning 14,000 Aetna patients that the healtnh system might terminate its agreement with the insurer if a new contractr cannot be negotiated by Aug. 31.
As hospitals face bottom-linw pressure from declining government reimbursement, couplerd with rising rolls of uninsured, many are turning to commercial insurers forrate hikes. Saint Joe is seekinyg a rate increase, said Heathed Dexter, the health system’s vice president of “We believe it to be very fair, very reasonable and in line with the Dexter said. “We are looking for a fair and equitablr contract andwe don’t believde we’ve reached that point yet.” . Both Saingt Joe and United officials expressex optimism that a deal woulde get done beforethe deadline.
“UnitedHealthcare’s negotiations with Sainft Joseph’s will continue to take place in good faitbh to address the important issues that are alwaye part ofsuch discussions,” the insurer said in an “UnitedHealthcare remains hopeful that the negotiations will result in a new contract that assurese our customers continued accesw to St. Joseph’s services."

Wednesday, December 28, 2011

Medtronic subsidiary gets a win with FDA approval - Minneapolis / St. Paul Business Journal:

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The Lucas 2 is the next generationn of the Lucas ChestCompression System. Manufactured by Swedish companuJolife AB, it’s distributedd in the United States by Redmond, Wash.-based , a subsidiarg of Fridley, Minn.-based Medtronic. The original Lucas is a pneumatid device, while the new Lucas is powered by either by battery or using a wall or carelectricitg outlet. “Customers have been askiny us fora battery-powered Lucas device for a couples of years and with Lucas 2 we are able to Brian Webster, president of Physio-Control, said in a news The Lucas is meant to avoid the complications that can arise when emergencyu responders are performing chest compressions by hand.
The device is designed to deliver uninterrupted compressions at a consisten t rateand depth. In the past the Lucas 2 has also won approval in Europesand Canada. Physio-Control plans to start shipping the Lucaw 2to U.S. markets in the

Monday, December 26, 2011

Embarq cuts may be deeper, faster as CenturyTel merger is set for June close - Nashville Business Journal:

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Although a new brand could replacesome signage, jobs are a differeng matter. Embarq’s $11.6 billion merger with is slated to close this Sources expect that the including job cutsand moves, could go fasterd than initially indicated. The rural phones companies plan tosave $400 million annually in the firsr three years through the marriage. And they already operatse in anindustry that’s losing core a trend accelerated by the where part of maintaining strongh balance sheets is keeping a lid on “I’ve never seen a merger yet where the initial announcement wasn’ t conservative,” said analyst Todd Rethemeier of , who doesn’tf own shares in the “Right after, or a coupl quarters later, they’ll say they’re aheadf of schedule, or thered were more synergies.
It certainly coulxd be faster in an industrylike this.” The jobs most at risk are positionse that don’t deal with consumers, including functions such as accounting and possibly marketing, sources Overland Park-based Embarq’s efficiency measurees already have included local job When the company spun off from in 2006, it had 4,50o local employees. Now, after its logistics unit was pared off earlierthis year, Embarq employs abougt 2,800 in the area. With CenturyTel being much smallerf — roughly 1,300 corporate employees and half Embarq’s revenue it will have to retain a certain percentagwe ofEmbarq employees, said Chris Kuehl, managing directodr of .
But the current economic climate increases the urgency to cut saidTom Tilley, principal of . “As long as it doesn’tf interfere with the they’re probably going to try to realized that savings as quicklyas possible,” he Embarq’s first-quarter revenue fell 7.5 percent to $1.3 3 billion, less than analysts’ estimates. Earnings dropped 18 percent to $174 million, though without a loss from the sale of itslogisticsa business, earnings beat analysts’ predictions. CenturyTel’s first-quarter revenure was $636.4 million, down 2 percent. Earningss were $67 million, down 25 percent. The companies have revealedr few post-merger employment details.
But the top two tiers of managemenr havebeen named, and the third tier is nearlyh complete, CenturyTel spokeswoman Annmarie Sartoer said. Those managers then will evaluate whicuh positions are needed and which will need to some employees may retire or leave forother “As in most cases of consolidatio n with two separate companies, ther e is some inevitable job overlap and operational redundanct that we’ll have to work through,” she said. “Right now, we’re not quite sure what that will look She saidshe didn’y know whether the recessionb would speed integration but thinks it unlikely because of the complexity.
Combining all customer into the CenturyTel billingh system easily could take a year and a The headquarters will bein La. — CenturyTel’s currentf base — though CenturyTel doesn’t keep all corporate functionx there. Benefits and compensation are handledin Wash., Sartor said. “It’s not completelyu geographically driven,” she said. “We’rd going to keep a presence inOverlande Park. It’s highly feasibl e and likely that there will be corporate functionss not donein Louisiana.” Vice president or highedr positions probably will move or be eliminated, said John Hense Jr.
, a principal of Kansas City investment banking firm Sometimes, executivees will look at buying a local business or findintg another job that would let them stay in the Tilley said. But with the tough economy, more may be willinb to move. Sartor said it was too early to know what wouldc be donewith Embarq’s real estate The company recently vacated a 100,000-square-foo t space on the Sprint campus in Overlandc Park, and in November, it gave notice that it may terminat its lease of an additional 190,000 squarr feet in two years.

Saturday, December 24, 2011

Holiday food health: Watch for raw meat juice, leftover storage - Federal Way Mirror

azajir.wordpress.com


Holiday food health: Watch for raw meat juice, leftover storage

Federal Way Mirror


The state Department of Health (DOH) released a few tips for Washington residents on holiday food preparation and storage, citing the fact that "each year, hundreds of people in Washington become ill and some are hospitalized because food they ate at a ...


Holiday food safety tips

KING5.com



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Thursday, December 22, 2011

5 Who Thrive: Aloha Salads grows by staying true to its mission - Pacific Business News (Honolulu):

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The signature salad dressings are among the reasons forthe company’e success. Aloha Salads continues to thrive, despite the weak economy, and is expectedx to gross morethan $1 millio this year. A third location is set to open in Juneat , followe d by another in the by There are plans to franchise Aloha Salads And a California food group has agree d to bottle four of the six salad dressings for retail distribution. The Lufranos’ success is due to a numbert of factors. They open storesa only in high-profile locations and form business partnerships withtrustec people. They also stick to their core mission, which is to server quick, healthy foods using local ingredients.
Now theif goal is to expand strategically in anticipationb ofthe economy’s rebound in 2010. “We have to continuwe reinventing ourselves to keep things fresh for customersw and attractnew customers, as well,” Chrisa said. “We’re not going to rush in. We’rde going to make sure we make the right decisionsmoving forward.” Careful growth has been the company’ss philosophy from the start.
In Decembed 2004, after seven years away from home, the Lufranoes returned to Hawaiifrom Chicago, wherw she was a patent lawyer and he worked in For more than a year, they scouted potentiap store locations on Oahu and experimented with recipes at Sara’zs parents’ home in Kahala. The couple opened their first Alohza Salads in May 2006 ina 440-square-foog space in the , using personap capital and a $50,000 loan guaranteed by the U.S. Smalkl Business Administration. The company’s creative saladxs — “Aloha Mediterranean,” “Maui Mozzarella” and “Thde Goddess” — instantly drew loyal customers.
One customed was local contractorFreddie Franco, owner of BEK whose building credits include Waikiki DFS Galleria, Neima n Marcus and Tony Auto-plex. He struck up a friendshipo with the Lufranos and two yearws later helped designAloha Salads’ second locationm in . The mall store, which openes in March 2008, briefly experienced a double-digit drop in salesz after health-food chain Whole Foods opened nearby latelast year. Saless have climbed since then but are slightlygbelow target, Chris said.
now an equal partner in the company, provided the capitap to build the Kapolei location set to opennext “Kapolei should be really good because there’ss nothing out there,” he said. “We’vre been getting lots of calls askinhgwhen we’re going to build in their The 1,200-square-foot store is uniqued in that it will have wine pairings with saladws and a mezzanine level for dine-inh customers, Franco said. As Aloha Salades continues to expand, the ability to quicklu change menu items to fit tastes willbe important. For instance, roast beef sandwichess that did not sell well in the Kailua store have been replaceed withpastrami sandwiches.
Periodically introducinv creative menu items also is crucial to This month, the Kahala Mall location began serving omelettes, organic coffees, fruit bowls and fresh-squeezedr juices. The response has been and there are plans to servse breakfast inother locations. “Wes really care about the food that goes out to Sara said. “People get used to what they’rwe eating and don’t realize there coulfd be so manygood options.

Tuesday, December 20, 2011

Sanusi's fear of injunctions - The Nation Newspaper

qalymeled.wordpress.com


Sanusi's fear of injunctions

The Nation Newspaper


By Our Reporter 8 hours 39 minutes ago GOVERNOR of the Central Bank of Nigeria (CBN), Mallam Sanusi Lamido Sanusi has observed that the unrestrained granting of interlocutory and ex-parte injunctions by the courts is hampering the country's economic ...



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Saturday, December 17, 2011

Macerich, other landlords file objections in Eddie Bauer bankruptcy - Los Angeles Business from bizjournals:

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Eddie Bauer Holdings Inc. (NASDAQ: EBHI) wants a judger in U.S. bankruptcy court in Delaware to set a bid deadlin of July 14 and a July 16 date to auctiojn offthe retailer’s assets. But Macerich and the threes other landlords want more time to evaluate anyproposed deal. “The landlords did not creat debtors’ financial maladies, and shouldf not bear the consequences of this bankruptcy througn loss of theircontractual rights,” Macerich and the other landlord s said in a court filing Thursday. Eddie Bauetr filed for Chapter 11 bankruptc y protectionJune 17.
The New York private equity firm has made an offerd to buyEddie Bauer’a assets for $202 million, subjec t to an auction and bankruptcy courrt approval. CCMP has said it has agreee to keep most ofEddiwe Bauer’s 371 stores if it were the winninvg bidder. But the company said it would close an undisclosed number of underperforming leases space to Eddie Bauer atin Wash., and Portland’s Washingtojn Square. Also objecting in the bankruptcy case are Eddie Bauee landlords SouthgateMall Associates, The Forbes Co. and Collectively the four companieds lease space to 20 Eddie Bauer storese in14 states.

Thursday, December 15, 2011

Keller Manufacturing reports $1.2 million loss for 2007 - Business First of Columbus:

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million for 2007. In a news Keller (Pink Sheets: KMFI) said the loss was a resulrt ofa $1.5 million chargd related to the company's pensiob plan, which Keller sought to terminat in April 2006 because it no longer could afford to fund the In July, the federal assumed responsibility for the pensions of 477 formert Keller employees. And in December, the company reported that it paid $400,00o0 to the PBGC to settle all of its liabilities relatedr to thepension plan.
After closiny plants in Corydon andNew Salisbury, and making an unsuccessful attempt to sell imported furniture under the Keller brand, the compan y decided in January 2005 to exit the furnitured business amidst lagging sales and increasing competition from foreign In January 2006, the 123-year-old businesz bought an 85 percent stake in Louisville-basecd for about $1.14 million in cash. Paragon makesz custom steel and fiberglass residential entry andstormk doors. Despite posting a net loss for the Keller reported that operating income increasedfto $77,331, compared with a loss of $16,391 in 2006. It was the first time the company recognized operatinh incomesince 2000.
Sales in 2007 increased to $4.7 million from $4.3 milliobn a year earlier. Kelleralso announced that it has acquires the manufacturing assets of stormm door maker Medlin CustomWoodworking Inc. The releaswe did not disclose detailsabout Medlin's operations but said Keller paid "lessz than $100,000" for the

Tuesday, December 13, 2011

Travel + Leisure lauds Denver

avaohev.blogspot.com
Travel + Leisure’s annual poll is determinedf by reader inputon cruises, airlines, travel companies and top cities to visit. Top winnere this year included Udaipur, India, as the world’s top city and the Bushman s Kloof in the Cedar Mountains of South Africs asthe world’s best hotel. Denver’s is the only Coloradoo facility to be named as oneof America’es top 50 large city hotels, a designation reserved for hotela with at least 100 rooms. The hotel at 1100 14th Streetg was listedat No. 46. Hotel Teatrol General Manager David Craig said he was very proud of the honofr bestowed uponhis 110-room luxury hotelo that includes Restaurant Kevin Taylor.
What set this awardr apart from others it has won was thejudging panel, he “Ultimately, the thing that makew me feel the best is it comesz from reader polls. So it comes from our and those are the people we are tryingv to impress the Craigsaid Monday. Meanwhile, a half-dozen Colorado most located inski towns, were listed among the top 50 resortzs in the U.S. and Canada. Thoses are: Ritz-Carlton Bachelor Gulch in BeaverfCreek (No. 8), Littlew Nell in Aspen (No. 9), St. Regis Resort in Aspemn (No. 24), Sonnenalp Resort of Vail (No. 28), The Broadmoord in Colorado Springs (No. 31), and Park Hyatt Beaver Creek Resort andSpa (No. 39).
, which is base d in Denver, also received a citation, being listed eighth among the top 10domestic airlines, down two spots from 2008 in the magazine’s Virgin America claimed the top of the list in 2009. “Certainlt we are pleased to be recognize d on a national scalelike this,” Frontiedr corporate communications director Steve Snyder said. “We have workedf extremely hard over the last year to make sure our customerw havea safe, high-quality, affordable product and a clear choiced in what their travepl experience looks like.” The magazine’s awardss issue is slated to hit newsstandss on July 24.

Sunday, December 11, 2011

Missouri angel credit bill fails, but effort will take wing again - bizjournals:

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As soon as the summer, they hope for opportunitiews at legislative committee meetings to pitcnh an angel tax credit program even greaterd than the one legislators dropped one on parwith Kansas, said Mark director of government and busines s relations for the . “That’s the opportunitt we see exists now,” he said. “Thered are a number of other supporters around thestates — we’re trying to develop a coalition (of states angel investor groups).
” Without the credit, Missouri has been at a disadvantagw in attracting new businesses and new particularly on the state line, Dickey The Missouri measure was dropped alonb with other new tax credit programs late in the session. It wouled have provided a 30 percent angel investor tax credit for thefirsf $500,000 invested in a company. Dickey said proponents would like to reach equal footintg with Kansas by offerinbg a 50 percent credi for thefirst $1 milliobn invested in a company. John president of Eastern Jackson County angel investorgroup , testifierd during the session in favor of a credit.
“I thinj it’s reasonable for an entrepreneur to be able to locatee their company where they want to withouy being forced to bygovernment policy,” he A credit, particularly one as high as in also could help stimulate the state’s economy, Carlson The angel investor credit in Kansas has proved effectivw at landing young tech Greg Kratofil Jr., a lawyer at , said he’s set up five or six companiex this year in Kansas rather than Missouri to try to take advantagd of the Kansas credits.
“Wheh somebody comes to me and asks me whered should they set up a newtech startup, Kansads or Missouri, I always say Kansas because of the ability to take advantagr of the angel investor tax Kratofil said. “It’s extremely helpful for early-stage companies to attract the type of angeol capital that they need to take the next step from friends and famil y money to moreinstitutionall funds.” A Missouri tax credift would need to at least equal the one in Kansae to make a difference in this he said.

Friday, December 9, 2011

Metro plans to build new bus facility - Business First of Louisville:

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The facility will house 114 Metro but if the land isfullyh developed, up to 250 buses will be able to live The new bus facility, expected to be ready as early as 2012, will be built at a site knowh as D.C. Village. Metrp wants the facility to meet environmental standards that would enabld it to receive a Silver rating undetrthe U.S. Green Building Council’ program for Leadership in Energy andEnvironmentalp Design. The new facility will replace the Southeasternbbus garage, which was sold for $69.25 milliojn and vacated last year because of its closenes s to Nationals Park. The land at D.C. situated at Shepherd Parkway and BluePlainws Drive, was appraised at $8.05 million.
The sale'es $6.45 million price tag representsa the appraisal value minus the additional operating costsof $1.6 million incurred by Metro for moving the buses. Buses that had been runningh out of the Southeastern bus garage have been dispersed to other garages in the region at an additionaoloperating cost. Until the new facility is completed, the additionak operating costs for the busews will be fundedfrom Metro’s operating reserve account, whicb was created from the proceeds of the Southeasterbn bus garage sale. The final sale of propertyh must first be approved bythe D.C. Council, which will considert it at a June2 meeting.

Tuesday, December 6, 2011

Kepler Finds A Goldilocks Zone Planet - Aviation Week

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Telegraph.co.uk


Kepler Finds A Goldilocks Zone Planet

Aviation Week


Scientists analyzing data from NASA's Kepler extra-solar planet-finding mission have confirmed their first Earth-like planet orbiting in the habitable zone of a star 600 light years from Earth, while almost doubling the number of ...


Alien planets get pigeonholed

msnbc.com


„Earth 2.0” does exist!

Greenfudge.org


Earth-like planet found in distant sun's habitable zone

CNET


HispanicBusiness.com -Examiner.com -Neon Tommy


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Sunday, December 4, 2011

State may expand I-95 express toll lanes from Fort Lauderdale to Boca Raton - Sun-Sentinel

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State may expand I-95 express toll lanes from Fort Lauderdale to Boca Raton

Sun-Sentinel


A 13-mile stretch of Interstate 95 between Fort Lauderdale and Boca Raton may gain another lane in each direction in five years. But you'll likely have to pay to use it. The Florida Department of Transportation has ...



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Friday, December 2, 2011

Spending on Bell shows Marlins are serious - CBSSports.com (blog)

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Spending on Bell shows Marlins are serious

CBSSports.com (blog)


You don't spend $9 million a year on a closer if you're not serious about trying to win. And the Marlins just gave Heath Bell $27 million for the next three years. If it's their only big move of the winter, it makes no sense. But if it's their only big ...



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