Category: jmvghcnr

Fletcher Allen third quarter financial results ahead of budget

first_imgFletcher Allen reported an operating income of $17.3 million for the first three quarters of the 2010 fiscal year. This includes an operating income of approximately $10.3 million for the third quarter. The third quarter covers the period beginning April 1 and ending June 30.Third Quarter ResultsOperating income for the third quarter was $4.1 million above budget and $1.2 million below the corresponding quarter in FY 2009. Net operating revenues for the quarter were $222.8 million, $1.6 million above budgeted revenues. The organization’s operating expenses for the quarter were $212.5 million, $2.6 million under budget, resulting in an operating income of approximately $10.3 million and an operating margin of 4.6% for the third quarter. By comparison, the organization produced an income from operations of $11.5 million in the third quarter of FY 2009.Year-to-date ResultsOn a year-to-date basis, the $17.3 million net income from operations was above the budgeted $15.8 million for the period, and produced an operating margin of 2.7%. A year ago, the organization generated a three-quarter operating gain of $24.9 million. For nine months of the fiscal year, net operating revenues were $651.2 million, $9.9 million below budget. Operating expenses were $633.9 million, below budget by $11.4 million.A key financial indicator, earnings before interest, depreciation and amortization (EBIDA) stood at approximately $65.3 million for three quarters. This was above the FY 2010 budget forecast of $63.7 million. EBIDA provides a good measure of the organization’s actual earnings.At the end of the third quarter, days cash on hand stood at 106 days using a 12-month rolling average, similar to 106 days last year. This indicator is a projected estimate of the number of days an organization could meet operating expenditures provided no additional revenues were received.A High-Performance OrganizationFletcher Allen compares well with peer groups outside the state in terms of quality and efficiency. In one group of 107 academic medical centers and 233 of their affiliated hospitals, known as the University Healthsystem Consortium (UHC), Fletcher Allen performs above the UHC median on an array of quality measures such as readmissions, heart attack, heart failure and pneumonia care, as well as cost measures such as cost per inpatient discharge and observed to expected costs of care.A December 2009 Medicare Commission report showed Fletcher Allen’s service area was ranked as among the lowest Medicare service-utilization areas in the country ‘ 82% of the national average. Only 13 service areas (out of 404 nationally) outperformed us. This report shows that Fletcher Allen providers are not routinely overusing or over prescribing health care services for their patients, which could lead to unnecessary costs to the system.Regionally, Vermont’s Act 49 report issued this year with data from Vermont, New Hampshire and Maine showed that Fletcher Allen’s hospital service area had the lowest rate of Emergency Department visits and the lowest rate of potentially-avoidable ED use. Fletcher Allen’s service area also had the lowest per-member per-month expenses for insured patients in the three-state region.About Fletcher AllenFletcher Allen Health Care, together with our partners at the University of Vermont College of Medicine and the College of Nursing and Health Sciences, is Vermont’s academic medical center. Our mission is to improve the health of the people in the communities we serve by integrating patient care, education and research in a caring environment. Fletcher Allen serves as a regional referral center — providing advanced care to approximately one million people in Vermont and northern New York — and as a community hospital for approximately 150,000 residents in Chittenden and Grand Isle counties.The institution began making its quarterly financials public with the release of the first quarter results for FY 2003 in February 2003. The audited financial statements as well as unaudited quarterly results for FY 2003 through the third quarter of FY 2010 are available on the Fletcher Allen Web site at www.fletcherallen.org(link is external). Source: Fletcher Allen. 10.20.2010last_img read more

Read More »

10 traits of very successful people

first_img 50SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr While many of us may not (yet) be billionaires, there is no reason why we can’t learn from them and subscribe to their leadership goals and passions.In a recent Inc.com article, Jake Newfield, inbound marketing specialist for HubSpot, said that after examining and interviewing more than 35 billionaires, no matter where their success came from, they all had 10 traits in common.Here are a few he lists:1. Insatiable desire for money and success. There is no room in this trait for complacency or being content.2. Entrepreneurial mindset. Newfield says the billionaires he interviewed all were inclined to find their own path and create their own vision. continue reading »last_img read more

Read More »

Governor Wolf Orders Flags to Half-Staff to Honor Civil Rights Activist and former Senator Harris Wofford

first_img Flag Order Harrisburg, PA – Governor Tom Wolf has ordered the Commonwealth flag on the Capitol Complex, at all Commonwealth facilities, and all public buildings and grounds throughout the commonwealth to fly at half-staff to honor former Senator Harris Wofford, who passed away Monday, January 21.Governor Wolf’s full statement:“Frances and I send our deepest condolences to Senator Wofford’s husband, loved ones and friends. There’s no better way to describe Harris Wofford than ‘public servant.’ He dedicated his life to service and to making the world a better and more peaceful place. Senator Wofford, alone, is responsible for thousands upon thousands of Americans pursuing public service and volunteering in their communities and throughout the world.“His legacy in Pennsylvania, the United States and the world is as impressive as it is diverse: A World War II Army veteran, a civil rights hero, an adviser to both President Kennedy and Martin Luther King, Jr., a United States Senator, the president of Bryn Mawr College, and so much more. He was a tireless advocate for health care access, world peace, equal rights, and civic engagement.“I was fortunate to meet and work with then-Secretary of Labor and Industry Wofford during the Casey Administration. As a former Peace Corps volunteer, I was always an admirer of his pivotal role in launching that important program. I am grateful for the opportunity to have met him and for the lessons he taught us all.“Harris represented the best of Pennsylvania and America – a selfless, empathetic, and optimistic citizen. We will be forever indebted for his service to us.”The Commonwealth flag shall be lowered until interment. All Pennsylvanians are invited to participate in this tribute. SHARE Email Facebook Twitter January 22, 2019center_img Governor Wolf Orders Flags to Half-Staff to Honor Civil Rights Activist and former Senator Harris Woffordlast_img read more

Read More »

Demolition: Time to Take The Bitter Pill

first_imgLow freight rates should be the best incentive for owners to take the bitter pill and scrap some of the outdated tonnage in order to bring the necessary ease to the heavily oversupplied market, according to BIMCO’s Chief Analyst Peter Sand.Freight rates have experienced a solid rebound from the 2016-lows, with rates for all trade routes being above last year’s equivalents when they hit the floor.However, the increase is still too low to profit from as numbers are still below the industry average, Sand pointed out.The short-lived rebound in charter rates has been attributed to the regrouping of major carrier alliances. Although, the benefits of the new network structures constantly being introduced by the carriers will take a while to realize.The three alliances control 77% of global containership capacity and as much as 96% of all east-west trades. Still, it should be kept in mind that 57 % of all TEU-demand is generated by non-east-west trades, which have been particularly impacted by cascading.Nevertheless, BIMCO expects the rates to drop somewhat again.“Get rid of the ships that are no longer economically viable, few as they may be, and avoid getting back to the shipyards any time soon,” Sand insisted.Touching upon the possible effect of the upcoming entrance into force of the Ballast Water Management Convention (BWMC) and the 2020 Global Sulphur Cap, Sand said the claim that a lot of ships may be demolished amid high retrofitting costs to make them compliant with the new regulations is basically “wishful thinking”.Namely, as disclosed, there is a high level of preparedness of companies engaged in container shipping for the upcoming BWMC and they are ready to install whatever is needed to comply with the new regulations.“It would be a mistake to believe that this is the silver lining that will save the industry prompting large scale of demolition, and we do not expect huge buildup of demolition on the back of the Ballast Water Convention or the 2020 Global Sulphur Cap,” he added.World Maritime News Stafflast_img read more

Read More »

U.S. weekly offshore rig count climbs to 20

first_imgThe number of U.S. offshore rigs climbed up to 20 this past week, according to weekly rig count reports released on Friday by Baker Hughes, a GE company. Illustration – Copyright SPMac/Flickr – Shared with permission from the photographerBaker Hughes Rig Count: U.S. +7 to 1,055 rigsU.S. Rig Count is up 7 rigs from last week to 1,055, with oil rigs up 7 to 867, gas rigs unchanged at 186, and miscellaneous rigs unchanged at 2.U.S. Rig Count is up 119 rigs from last year’s count of 936, with oil rigs up 118, gas rigs unchanged at 186, and miscellaneous rigs up 1.The U.S. Offshore Rig Count is up 1 rig to 20 and up 3 rigs year-over-year. Baker Hughes Rig Count: Canada +22 to 226 rigsCanada Rig Count is up 22 rigs from last week to 226, with oil rigs up 15 to 148 and gas rigs up 7 to 78.Canada Rig Count is up 14 rigs from last year’s count of 212, with oil rigs up 36 and gas rigs down 22.last_img read more

Read More »

The media has lost its objectivity on this issue of gay marriage, says Senator Eric Abetz

first_imgThe fight for same-sex marriage in Australia is far from overThe Age 1 July 2015It is disappointingly predictable that the media in Australia is obsessed by a slim majority activist US Supreme Court decision. At the same time there have been no reports of  an elected representative vote in another country of 110-26 against same-sex marriage.While we have heard much about the US Supreme Court’s extraordinary ruling that a right to marry someone of the same sex has – somehow – always been constitutional, there’s been hardly any mention about last week’s overwhelming vote against gay marriage in the Austrian legislature.Most people in a democracy believe social policy should be determined by the people, not by dubious interpretation by an activist judiciary.The US Supreme Court majority has set a dangerous precedent for the US by asserting that the American people have, since inception, somehow misunderstood their own constitution.As dissenting Justice Antonin Scalia put it:  “And to allow the policy question of same-sex marriage to be considered and resolved by a select, patrician, highly unrepresentative panel of nine is to violate a principle even more fundamental than no taxation without representation: no social transformation without representation.”Scalia’s deep concern is sound.http://www.theage.com.au/comment/comment-eric-abetz–on-gay-marriage-20150701-gi26gi.htmllast_img read more

Read More »

Cancer Society offers free breast cancer screening for women today

first_img Share Share LocalNews Cancer Society offers free breast cancer screening for women today by: – April 20, 2012 Tweet President of the Dominica Cancer Society, Mrs. Vinna Royer, Women in Dominica are being encouraged to take advantage of a free clinic session today.The Dominica Cancer Society in collaboration with the Roseau Health Center is offering free screening service for pap smears and breast examinations.President of the Dominica Cancer Society Vinna Royer said while women have been known to take better care of their health, more can still be done.She said today’s screening which commences at 1pm at the Botanic Gardens will positively impact the lives of those who will get tested.Royer is encouraging all women to take part.“The Cancer Society continues to stress that early detection save lives and we have been urging people to get themselves checked. We focus on various cancers at various times and this time we are targeting women. We are asking them to come to the Roseau Health Center and we will have these services done,” she said.She said the invitation is extended to all women whoever can make it.“The nurses are there to provide consultation and advice on the matter. Apart from doing the examination, we will be doing education. We will have flyers, posters and video clips and we will try to give as much information as we can on those issues,” she said.Dominica Vibes Newscenter_img Share 15 Views   no discussions Sharing is caring!last_img read more

Read More »

Casino employees receive bonuses, recently passed tax act cited

first_imgIndianapolis, In. — The company that’s owns Hoosier Park and Indiana Grand Casinos has announced$500 bonuses for all workers. Indianapolis-based Centaur Gaming president and CEO Jim Brown says the bonuses are possible because of the recently passed Jobs and Tax Cut Act.The company has also agreed to pay all the taxes associated with the bonus payment.last_img

Read More »

Fish Resigns as Sports Information Director

first_img Share Fish Resigns as Sports Information Director June 22, 2007PENSACOLA, Fla. – After serving the University of West Florida as an assistant and director in the sports information department, Jake Fish has resigned from the university. He accepted a position with Fleishman-Hillard Public Relations in Dallas, Texas.”This is a difficult decision for me, but I feel it is time for me to further my career,” said Fish. “It has been a privilege and pleasure to cover our athletic program with all of the success over the past several years.”After serving as a public relations intern with the NFL’s Jacksonville Jaguars during the 2001 season, Fish came to West Florida as the assistant sports information director in the spring of 2002. In June 2005, he was promoted to sports information director.During his five-and-a-half years at West Florida, Fish represented West Florida as a liaison for the Argonauts 14 NCAA Division II sports program. He was responsible for starting West Florida’s radio and internet broadcasts. Fish also spearheaded media relations and game management responsibilities for the inaugural 2006 NCAA Division II Fall National Championships Festival.Fish earned his bachelor’s degree in communications from Colby-Sawyer College in New London, N.H. He also attended Florida State University where he received his master’s degree in sport administration.”I am excited about making the move to Dallas and working for a first-class public relations firm,” said FishPrint Friendly Versionlast_img read more

Read More »

Stage set for Kares Fitness Challenge 2017

first_imgTHE fittest men and women will kick their performances up a notch when the Kares Engineering Fitness Challenge gets going at the National Park today.Rain or shine, athletes are going to be pushed to the brink,according to organiser Jamie Mc Donald, who told Chronicle Sport, “All things are ready and fans are in for a treat come today.”Dillon Mahadeo will have to stand his ground against the fierce challenges in the male division,while the defending ladies champion is Candace Lynch.The first event of the Challenge will see the contestants running two miles around the national park with a 300m carry at the end for the females and a 400m carry for the men.Event two will see the men doing 33 deadlifts at 225lbs, while the women will have to do the same number at 155lbs. This will be followed by 33 box jumps at 30 inches for the men and 24 inches for the women. 33 Kettlebell swings at 55lbs for the males is another part of stage two with the women having the same number with a 35lb weight.They will close the round off with 33 pull-ups for both men and women and 33 overhead squats at 75lbs for the men and 55lbs for the women.Event three will see each athlete having to complete a lift of increasing weight over a one minute period, with the men starting at 165lbs and going all the way to 255lbs,while the ladies will start at 65lbs and move all the way to 135lbs.Event four will be a 10 minute workout with points being scored for as many reps as possible. In the odd minutes (minutes 1,3,5,6,7,9), the competitors will have to use the wallballs at 20lbs for males and 14lbs for females. On the even minutes (2,4,6,8,10), competitors will have to do as many reps as possible in the toes to bar exercises.Event five will be unveiled on the competition day,according to organiser Jamie McDonald, with the Director of Sports, Christopher Jones, expected to pick said event from a bag full of challenges.Event sponsors include Windjammer, which will provide meals for the judges and staff, as well as Ansa McAl through the Lucozade brand, Roraima with its Arrowpoint Nature Resort as well as Baganara.Giftland Sportsmax, Wings Investments, Johnny P supermarket, Trophy Stall, Star Party Rentals, St Joseph’s Mercy Hospital, Tech Pro, Fitness Express and Genesis Fitness Express are also on board for the event.last_img read more

Read More »

FashionBuzz © 2015 | All Rights Reserved Theme by Flythemes