http://restaurants-hr.com/index.php?option=com_content&task=view&id=429&Itemid=99999999
Angelica is the first major healthcare laundry processorf to implement the sanitizer throughout itsservice centers. "Expanding this new wash process will elevate the standarcd of cleanliness inhealthcarr linen," said CEO . "AdvaCare surpasses historical industryu standardsof 'hygienically clean,' achieving a 99.9 kill rate of selected pathogens througgh sanitization during the laundry process." With heightened public awareness of hospital-acquired infections (HAI) and the exclusion of funding from the Centers of Medicare and Medicaid Servicesz (CMMS) for HAIs, healthcare providers are understandably concerned and intensifying theire focus on HAI prevention.
Angelica givea healthcare providers added confidence that thei r linens are sanitizedagainst MRSA, Staph, Klebsiella and Pseudomonas aeruginosa. O'Hara added, "AdvaCared fundamentally and directly addressesthe provider's effort for HAI prevention." "The sanitizer is one componentt of Angelica's overall green strategy, whicj also includes using non-phosphated and NPE-frees alkali, conditioners, and detergents, investing capital in more energy efficient equipmenty and water recycling systems, as well as many other actionss to reduce our greenhouse gas emissionw that were identified in a recently completes carbon footprint study of our operations, said O'Hara.
Through our partnership with Ecolab, Angelicaq has the potential to furthefr reducewater consumption, which in turn can lower energyg requirements. O'Hara concluded, "Angelica's strategy is 'Delightfuo Service through Innovation.' Recent innovations have focuseed on new products such as Angel to reduce nurse back injuries and Angel to improvehospital cleanliness. Now, in partnershipp with Ecolab, we are leading innovation in our core wash allowing us toprovide safe, high-quality products and services that healthcarr providers and patients expect and deserve. This help us become a better steward of the environmeng and aligns us withour customers' own green It's a win-win for everyone.
" Angelica Corporation is the leading provider of textile rental and linen management services to the U.S. healthcaree market. Angelica provides laundry and line n management servicesto hospitals, long term care and out-patient medical practicesa from 28 service centers across the nation. Through its strategy of "Delightful Service through Innovation, " Angelica is driving innovation in productx and services that become a standard of excellenc e for patient andcustomer
Thursday, October 21, 2010
Tuesday, October 19, 2010
Saab Reveals 9-4X Ahead of Los Angeles Debut - New York Times (blog)
http://lavozdepalencia.com/2008/05/02/tu-a-la-feve-y-yo-a-seopan/
New York Times (blog) | Saab Reveals 9-4X Ahead of Los Angeles Debut New York Times (blog) Saab has previewed its new 9-4X model ahead of its introduction at the Los Angeles Auto Show media preview days, beginning Nov. 17. ... 2011 Saab 9-4X details, pictures released, debut at LA auto show Saab unveils the 9-4X ahead of LA debut 2011 Saab 9-4X Revealed In Production Form Ahead Of Australian Debut |
Monday, October 18, 2010
Precision Compounding Pharmacy buys competitor McClure Drugs - bizjournals:
guronelogoh.blogspot.com
Laura Pfaffenberger, a pharmacist and co-ownee of Precision Compounding Pharmacy, declined to disclose the value ofthe transaction, which became effectivwe May 21. The purchase included the Clarksville pharmacy’s inventory and customere base, she said. McClure Drugsw no longer will operatein Clarksville, wheree it had leased space on Easter Boulevard. Its customers now are being server out of PrecisionCompounding Pharmacy’s facility, located at 2113 Statse St. McClure Drugs’ former owner, Jeanne Meredith, also has joined Precisionb Compounding Pharmacy as directorof education, and she brought two employeesw with her to the New Albany company.
Foundexd in December 2006, Precision Compounding Pharmacy offers traditionapl andcompounded prescriptions, nutritional supplements and patientg consultations. The pharmacists’ areas of expertisew include bio-identical hormone replacement therapy, ophthalmology, urology, pain pediatrics and veterinary medicine. More information is available onlineat .
Laura Pfaffenberger, a pharmacist and co-ownee of Precision Compounding Pharmacy, declined to disclose the value ofthe transaction, which became effectivwe May 21. The purchase included the Clarksville pharmacy’s inventory and customere base, she said. McClure Drugsw no longer will operatein Clarksville, wheree it had leased space on Easter Boulevard. Its customers now are being server out of PrecisionCompounding Pharmacy’s facility, located at 2113 Statse St. McClure Drugs’ former owner, Jeanne Meredith, also has joined Precisionb Compounding Pharmacy as directorof education, and she brought two employeesw with her to the New Albany company.
Foundexd in December 2006, Precision Compounding Pharmacy offers traditionapl andcompounded prescriptions, nutritional supplements and patientg consultations. The pharmacists’ areas of expertisew include bio-identical hormone replacement therapy, ophthalmology, urology, pain pediatrics and veterinary medicine. More information is available onlineat .
Saturday, October 16, 2010
Biz Bits - Nashville Business Journal:
pohevovotybuc.blogspot.com
, which owns the building and will occuphtwo units, is offering up a $5,0009 credit for the first six small businessed that sign a lease in the flex space Businesses can choose from an arrah of design, printing and marketing services from logos to Web The ailing retail and real estate markets, and the glut of vacanr space, has pushed commercial buildinh owners to offer a host of incentivew to attract tenants, from rent discounts to credits for Park Place, located on the south side of Franklin at 114 SE Parkwaty Court, is a mix of officd and warehouse space. of Franklin is the general contractor.
The projectt is valued between $5 million and $6 Each unit is 3,444 square feet, with about 24,0000 square feet available now. Franklin residenta Christopher and Wendy Durik have owned and managed Durik Advertisinvg for14 years, catering to smalkl and medium-sized businesses in industries such as building services, health care, entertainment, food service and nonprofiy groups. , a market and food research company in has completedits $3.1 12,000-square-foot research facility. The project includes a 3,500-square-foot commercial researcb kitchen called the Focus Nashville CulinaruyInsights Center.
“The new facility maked Nashville a top destination for market and food company president RandyHunter says. Focus Nashville, at 2948 Sidco Drive, conducts market research primarily for the food industry but also for the health care, horticulture, media and packaged goods sectors. “Thank s to the depth and scope of our research we understand client needs during the research procesa and work to providea comfortable, flexiblr environment with a range of research services under one Hunter says. You’re invited: Baptist Hospital is hostingt a communitybaby shower, collecting basic necessities such as baby diapers and baby wipes for low-income families.
The showe r begins Saturday at theBaby Fair, a free event for expectant parentse from 10 a.m. to 3 p.m. at Baptist Hospital. It runs througgh Mother’s Day on May 10. “Every day we see patient s and families who have a tremendous need for assistance once they go home from the Baptist CEO BernieSherry says. “Several local organizations have indicated to us there is a gap betweenb the demand and supply forbaby necessities.” Donations can be dropped off at Baptisyt Hospital, 2000 Church Street, or at any Middle Tennessee store in the For more information, go to . mighft be called on to take over the assetsz of its troubled partnerin Nashville.
Nashville-basedx filed for Chapter 11 bankruptcy protectionlast August. The reorganizatiob is pending inbankruptcu court, says Jon Waller, chief legak counsel for Norcross, Ga.-based Waffle House, and a resolution coulf come in 90 days. “It’s our flag, it’s our and we care a lot abour what happens to that he says. The situation with SouthEast follows the failureof Tampa, Fla.-base , Waffle House’s oldest and biggest which the Georgia chain acquireds out of bankruptcy Feb. 4 and took control of its 121 SouthEast Waffles has been rocked by allegations of mismanagemenft by its creditors and has closedseveral stores.
At its the company operated 115 Waffle House restaurants in Alabamaand Mississippi. In a Sept. 16 filingf in a Tennessee federalp court, accused the debtor of “gross The Internal Revenue Serviceclaims past-duw employment taxes, interest and penalties of abouft $2.8 million. Gary Murphey, an Atlanta-based corporate turnarounx specialist, joined SouthEast Waffles last year to help managethe company.
— Atlanta Busineses Chronicle
, which owns the building and will occuphtwo units, is offering up a $5,0009 credit for the first six small businessed that sign a lease in the flex space Businesses can choose from an arrah of design, printing and marketing services from logos to Web The ailing retail and real estate markets, and the glut of vacanr space, has pushed commercial buildinh owners to offer a host of incentivew to attract tenants, from rent discounts to credits for Park Place, located on the south side of Franklin at 114 SE Parkwaty Court, is a mix of officd and warehouse space. of Franklin is the general contractor.
The projectt is valued between $5 million and $6 Each unit is 3,444 square feet, with about 24,0000 square feet available now. Franklin residenta Christopher and Wendy Durik have owned and managed Durik Advertisinvg for14 years, catering to smalkl and medium-sized businesses in industries such as building services, health care, entertainment, food service and nonprofiy groups. , a market and food research company in has completedits $3.1 12,000-square-foot research facility. The project includes a 3,500-square-foot commercial researcb kitchen called the Focus Nashville CulinaruyInsights Center.
“The new facility maked Nashville a top destination for market and food company president RandyHunter says. Focus Nashville, at 2948 Sidco Drive, conducts market research primarily for the food industry but also for the health care, horticulture, media and packaged goods sectors. “Thank s to the depth and scope of our research we understand client needs during the research procesa and work to providea comfortable, flexiblr environment with a range of research services under one Hunter says. You’re invited: Baptist Hospital is hostingt a communitybaby shower, collecting basic necessities such as baby diapers and baby wipes for low-income families.
The showe r begins Saturday at theBaby Fair, a free event for expectant parentse from 10 a.m. to 3 p.m. at Baptist Hospital. It runs througgh Mother’s Day on May 10. “Every day we see patient s and families who have a tremendous need for assistance once they go home from the Baptist CEO BernieSherry says. “Several local organizations have indicated to us there is a gap betweenb the demand and supply forbaby necessities.” Donations can be dropped off at Baptisyt Hospital, 2000 Church Street, or at any Middle Tennessee store in the For more information, go to . mighft be called on to take over the assetsz of its troubled partnerin Nashville.
Nashville-basedx filed for Chapter 11 bankruptcy protectionlast August. The reorganizatiob is pending inbankruptcu court, says Jon Waller, chief legak counsel for Norcross, Ga.-based Waffle House, and a resolution coulf come in 90 days. “It’s our flag, it’s our and we care a lot abour what happens to that he says. The situation with SouthEast follows the failureof Tampa, Fla.-base , Waffle House’s oldest and biggest which the Georgia chain acquireds out of bankruptcy Feb. 4 and took control of its 121 SouthEast Waffles has been rocked by allegations of mismanagemenft by its creditors and has closedseveral stores.
At its the company operated 115 Waffle House restaurants in Alabamaand Mississippi. In a Sept. 16 filingf in a Tennessee federalp court, accused the debtor of “gross The Internal Revenue Serviceclaims past-duw employment taxes, interest and penalties of abouft $2.8 million. Gary Murphey, an Atlanta-based corporate turnarounx specialist, joined SouthEast Waffles last year to help managethe company.
— Atlanta Busineses Chronicle
Friday, October 15, 2010
Home health care business continues growing - Baltimore Business Journal:
kleopatraxnibe.blogspot.com
The home care industry appears to be recession proofgas Milwaukee-area owners of seniot care franchises have seen theirr customer base increase over the last year. “There are a lot of option these days for seniors and as the baby boomers start coming through in the next 20years (senior care are just going to grow,” said Lisa Yoder, presidenft of , Germantown, whichg moves personal belongings for seniors movinhg out of their homes. The latest numberws from the U.S. Bureau of Labor Statistics predictt caregiving will bethe second-fastest-growinyg field over the next decade.
Nationwide, the personal and home-cares aide industry is expected to grow by more than 50 percentt between 2006and 2016, increasinh from 767,000 to a projected 1.15 million Home care providers said there are multipls reasons the industry is besides the aging population. Many adult childrenj are not able to care for theidr elderly parents because of work obligations and healthg insurance companies are not paying for enough recoverhy time ina hospital. “A lot of things that used to be done at a hospita l for someone now have to be done in the home becaus insurance companies are trying to get people out as soon as saidOrest Carnavale, owner of in Glendale.
BrightStarr services range from having a caregiver stop in to give a persom their daily bath toproviding 24-houtr care. Since purchasing the franchise almosft threeyears ago, Carnavale has added new clientws weekly and plans to expaned to Waukesha, where many of his clients within the next threee months. The cost of long-term care is also a A study released in Mayby , Va., found the cost of long-term care in Wisconsihn is rising twice as fast as the rate of The average cost of a private nursing home in Milwaukee is $254 per day whilde the average cost for a privat room at a Milwaukee assisted living facilit y is $102 per day.
At the same 20 hours of companionship home care per week costs about $50 per day, said Kim executive director of the Indianapolis-based , which represente 1,300 member providers of privatse pay in-home care services for the elderly and disabled. “Based on our surveys, nearly 90 percent of seniores said they would like to remainat home,” Stonekinf said. “Some of that is driven by cost, but it’a also the security of being surroundef by what youalready know.” Tom owner of , Brookfield, which provides non-medical care, has noticed an increase in business over the last thres to four months.
“I thinko seniors are beginning to realizethey don’t have to go into an unfamiliad facility but can stay at home and live comfortablu with consistent, quality Spicuzza said. “Baby boomers want to have more control over theit livesand we’ve been able to grow our business nicelhy because of it.” Spicuzza would not give reveal revenure figures. Stoneking said 83 percent of his association’ss members are hiring caregivers to copewith demand. “Businessw for our members has either slightly increased or remainedsvery stable, at least in 2008,” he “Right now this year’s projections look prett good.
Long term, it’s still anybody’s guess as with any industry.”
The home care industry appears to be recession proofgas Milwaukee-area owners of seniot care franchises have seen theirr customer base increase over the last year. “There are a lot of option these days for seniors and as the baby boomers start coming through in the next 20years (senior care are just going to grow,” said Lisa Yoder, presidenft of , Germantown, whichg moves personal belongings for seniors movinhg out of their homes. The latest numberws from the U.S. Bureau of Labor Statistics predictt caregiving will bethe second-fastest-growinyg field over the next decade.
Nationwide, the personal and home-cares aide industry is expected to grow by more than 50 percentt between 2006and 2016, increasinh from 767,000 to a projected 1.15 million Home care providers said there are multipls reasons the industry is besides the aging population. Many adult childrenj are not able to care for theidr elderly parents because of work obligations and healthg insurance companies are not paying for enough recoverhy time ina hospital. “A lot of things that used to be done at a hospita l for someone now have to be done in the home becaus insurance companies are trying to get people out as soon as saidOrest Carnavale, owner of in Glendale.
BrightStarr services range from having a caregiver stop in to give a persom their daily bath toproviding 24-houtr care. Since purchasing the franchise almosft threeyears ago, Carnavale has added new clientws weekly and plans to expaned to Waukesha, where many of his clients within the next threee months. The cost of long-term care is also a A study released in Mayby , Va., found the cost of long-term care in Wisconsihn is rising twice as fast as the rate of The average cost of a private nursing home in Milwaukee is $254 per day whilde the average cost for a privat room at a Milwaukee assisted living facilit y is $102 per day.
At the same 20 hours of companionship home care per week costs about $50 per day, said Kim executive director of the Indianapolis-based , which represente 1,300 member providers of privatse pay in-home care services for the elderly and disabled. “Based on our surveys, nearly 90 percent of seniores said they would like to remainat home,” Stonekinf said. “Some of that is driven by cost, but it’a also the security of being surroundef by what youalready know.” Tom owner of , Brookfield, which provides non-medical care, has noticed an increase in business over the last thres to four months.
“I thinko seniors are beginning to realizethey don’t have to go into an unfamiliad facility but can stay at home and live comfortablu with consistent, quality Spicuzza said. “Baby boomers want to have more control over theit livesand we’ve been able to grow our business nicelhy because of it.” Spicuzza would not give reveal revenure figures. Stoneking said 83 percent of his association’ss members are hiring caregivers to copewith demand. “Businessw for our members has either slightly increased or remainedsvery stable, at least in 2008,” he “Right now this year’s projections look prett good.
Long term, it’s still anybody’s guess as with any industry.”
Wednesday, October 13, 2010
Salem Hospital builds tower with flair - Portland Business Journal:
valvookimakaj1362.blogspot.com
They must obviously create spaceds for possibly the most important tasktherr is: saving and enhancing lives. Yet in typical institutional designe from the 1960s and function clearlydominated form, leaving the countru dotted with bland, boxy unit s that made the always-dreaded hospital visit that much more unbearable. Which makes ’s work, on the sparkling-new ’se patient care tower, all the more encouraging. Turnere and , an architecture firm basee in Dallas, Texas, have created a spacwe that’s aesthetically and, thanks partly to a grand player-piano in the hospital’s lobby, acoustically warm.
The project even brought smilea tothe hospital’s accountants by coming in under the projected $285 million budget, by $2 million.The projec t was funded through bonds, assumexd by the hospital, and financial The seven-story building, one of Salem’s fully opened May 17.
They must obviously create spaceds for possibly the most important tasktherr is: saving and enhancing lives. Yet in typical institutional designe from the 1960s and function clearlydominated form, leaving the countru dotted with bland, boxy unit s that made the always-dreaded hospital visit that much more unbearable. Which makes ’s work, on the sparkling-new ’se patient care tower, all the more encouraging. Turnere and , an architecture firm basee in Dallas, Texas, have created a spacwe that’s aesthetically and, thanks partly to a grand player-piano in the hospital’s lobby, acoustically warm.
The project even brought smilea tothe hospital’s accountants by coming in under the projected $285 million budget, by $2 million.The projec t was funded through bonds, assumexd by the hospital, and financial The seven-story building, one of Salem’s fully opened May 17.
Tuesday, October 12, 2010
Companies amend credit terms to satisfy lenders - Washington Business Journal:
http://talksmartphones.com/?attachment_id=249
The latest credit squeeze comes at acriticao time. As the recession eats into companies rely more on credit to pay Five local public companies have outlined changes to theit lines of credit in filings with the Securities and Exchange Commission — one because its existing credit line had expired and four because they were in danger of violating termds of their loans. Private companies are also feelinbgthe pinch. Many of the companiezs are falling afoul of loan which may stipulate specific earnings levelsw or setminimum debt-to-equity To maintain their credit lines, they are being force to renegotiate.
l The credit facility of Portland’s McCormicl and Schmick’s Seafood Restaurants Inc. dropped from $150 milliomn to $90 million in late January, and its interesyt rate climbed. l Medford’s Lithia Motors Inc. in December reducede available funds on a line of creditto $150 from $300 million, and promised lenders it woulde limit dividend payments. l Wash-based Nautilus Inc. reduced a $40 million line of credit to $30 and in March it agreed to a higherinterest rate. l Wilsonville’s InFocus Corp. kept its Wellds Fargo credit facilityat $10 but agreed to higher interest ratesa and new loan covenants, aftefr earnings before certain expenses fell below agreed-tol levels.
Mike Rompa, managing shareholder at accountinyg firm GeffenMesher & Co. in Portland, has seen growing numberz of clients head into negotiations withtheir banks. “Thid is often a reflection of lower-than-expected cash flow,” Rompa Long-struggling Nautilus, which lost money in 2007 and was forced to renegotiate its Bank of America line of credit so that the loan wouls continue to comply with itsfinancial covenant, Chief Financialo Officer Kenneth Fish told investorse in a March conference call.
In additiojn to having less available Nautilus’ weighted average interesyt rates onthe line’s outstanding debt climbed a full percentage point, to 5 Projector maker InFocus’ loan covenants requiredf minimum earnings before taxes, depreciation and amortization levels — essentially cash Falling sales pushed the company out of said CFO Lisa K. Prentice. the company’s $10 million line of credit has become more importantf because of lower demand for The new agreement anticipates continued net losse s throughJune 30, and increased the credit facility’s base interest rate by 2 percentage points.
“There’as only so much power you havewhen you’ve missexd your covenants,” Prentice said. “We tried to but they probably had theuppefr hand.” But not all renegotiations are spurred by covenanyt violations. In April, Portland-based chain saw manufacturer BlountInternational Inc. reduced its GE Capital Corp. credit line from $150 milliohn to $50 million, and agreed to a higher interestg rate andhigher fees. Blount was not in violatio of covenants, according to regulatory filings, but its line of credig was set to maturein August. “We had to extend it or find replacemenr financing,” said Blount CFO Calvin Jeness.
The cost of the credity facility would have been too highat $150 Jeness said, and in today’w marketplace $90 million was enough to meet the company’ needs. Blount’s higher interest rate, whichj effectively climbed from 2.5 percent to 7.5 is a reflection of the higherd cost of creditin general, he said.
The latest credit squeeze comes at acriticao time. As the recession eats into companies rely more on credit to pay Five local public companies have outlined changes to theit lines of credit in filings with the Securities and Exchange Commission — one because its existing credit line had expired and four because they were in danger of violating termds of their loans. Private companies are also feelinbgthe pinch. Many of the companiezs are falling afoul of loan which may stipulate specific earnings levelsw or setminimum debt-to-equity To maintain their credit lines, they are being force to renegotiate.
l The credit facility of Portland’s McCormicl and Schmick’s Seafood Restaurants Inc. dropped from $150 milliomn to $90 million in late January, and its interesyt rate climbed. l Medford’s Lithia Motors Inc. in December reducede available funds on a line of creditto $150 from $300 million, and promised lenders it woulde limit dividend payments. l Wash-based Nautilus Inc. reduced a $40 million line of credit to $30 and in March it agreed to a higherinterest rate. l Wilsonville’s InFocus Corp. kept its Wellds Fargo credit facilityat $10 but agreed to higher interest ratesa and new loan covenants, aftefr earnings before certain expenses fell below agreed-tol levels.
Mike Rompa, managing shareholder at accountinyg firm GeffenMesher & Co. in Portland, has seen growing numberz of clients head into negotiations withtheir banks. “Thid is often a reflection of lower-than-expected cash flow,” Rompa Long-struggling Nautilus, which lost money in 2007 and was forced to renegotiate its Bank of America line of credit so that the loan wouls continue to comply with itsfinancial covenant, Chief Financialo Officer Kenneth Fish told investorse in a March conference call.
In additiojn to having less available Nautilus’ weighted average interesyt rates onthe line’s outstanding debt climbed a full percentage point, to 5 Projector maker InFocus’ loan covenants requiredf minimum earnings before taxes, depreciation and amortization levels — essentially cash Falling sales pushed the company out of said CFO Lisa K. Prentice. the company’s $10 million line of credit has become more importantf because of lower demand for The new agreement anticipates continued net losse s throughJune 30, and increased the credit facility’s base interest rate by 2 percentage points.
“There’as only so much power you havewhen you’ve missexd your covenants,” Prentice said. “We tried to but they probably had theuppefr hand.” But not all renegotiations are spurred by covenanyt violations. In April, Portland-based chain saw manufacturer BlountInternational Inc. reduced its GE Capital Corp. credit line from $150 milliohn to $50 million, and agreed to a higher interestg rate andhigher fees. Blount was not in violatio of covenants, according to regulatory filings, but its line of credig was set to maturein August. “We had to extend it or find replacemenr financing,” said Blount CFO Calvin Jeness.
The cost of the credity facility would have been too highat $150 Jeness said, and in today’w marketplace $90 million was enough to meet the company’ needs. Blount’s higher interest rate, whichj effectively climbed from 2.5 percent to 7.5 is a reflection of the higherd cost of creditin general, he said.
Subscribe to:
Posts (Atom)