http://www.upn20dc.com/privacy.html
The Online School for Girls will begimn offering coursesthis September, including two this fall and four in the spring 2010 semester spanning math, science and the Students at the member schools will take the classes and evaluated them as a pilot run. One initial calculud class will be taught by Harpeth Hall math teacher Jennifer The other schools in the group are thein Maryland, the in Ohio and in all with tuition ranging from about $20,000 to $40,00o per year.
Ann Teaff, the head of Harpeth Hall, says the goal of the onliner school is to provide a rigorous education in an online setting thatis flexible, affordablre and accessible to girls around the She says the curriculum will be expanded in cominbg years. The effort reflects how rapidlh online education is being adoptedf in even the most exclusive enclaves of private education as schoold utilize the Internet to foster a global worldview in theier students and diversify the learning More than 1 million secondary schooo students took an online course and students at 70 percentr of high schools enrolled in one duringthe 2007-2008 schook year, according to “K-12 Online A 2008 Follow-up of the Survey of U.
S. School District Administrators.” The reporgt also finds schools in 44 states are creating onlindsecondary schools. However, the Online School for Girla will be the firstonline same-sex school. At the graduate Harvard, Duke and other exclusivre universities now offer severalspecialized master’s degreesw for which the courseworjk can be taken mostly online. They are aimedc at professionals who wish to enhance their credentials to advance intheir careers. Karenh Douse, Harpeth Hall’s libraruy and information services director, says online educatio n is rapidlybecoming “a cornerstone of the educational experience.
”
Monday, November 29, 2010
Friday, November 26, 2010
Wednesday, November 24, 2010
COBRA confusion stymies business - bizjournals:
lamoreuuceses1724.blogspot.com
billion plan to help recently unemployec people keep their health insurance benefits was intended to protecyt the financially vulnerable from sinkin g deeper into debt because of high insurance premiums ormedicap costs. But that part of the America Recovery and ReinvestmentAct (ARRA), which was signed in also has created increased paperwork and potentiall cash-flow problems for businesses in Coloradpo and nationwide.
“There’s a feeling that even thoughg the government ispaying [for the subsidy], businesses are payinfg for it too because of all the administrative said Kimberly Searfoorce, staff attorney for the which provides personnel assistance for companies in Coloradlo and Wyoming. Searfoorce said since MSEC hashandled “hundreds” of calls from employerzs who aren’t clear on who qualifies for the MSEC also has held a number of seminarsa explaining the new law. Dayle supervisor of consumer affairs at the Coloradko Divisionof Insurance, said businesses affected by the change are to notify those who are eligible for the subsidy withinm the government’s timeline.
Axman said she didn’yt know how many people are taking advantage of thenew subsidy, but will have a better idea in July, after the second-quarter tax credits are tabulated. Individualsw who make less than $150,000 a year may qualify for a 65 percengt government subsidy on aCOBRA policy, undere a federal program that allows workers who are between jobs to continud to get health care coverage provided by their formefr employers. Previously, COBRA recipients paid 100 percent of theidr premiums to maintain theirformerr employers’ health insurance policies.
Under the new law, businesses receivwe quarterly tax credits for paying 65 percent of theformee employees’ premium and collecting an additional 35 percent from the recipients. Searfoorces said under legislation scheduled to be signedfby Gov. Bill Ritter, former workers who are fired “wituh good reason” can receive the benefitr — unless the employer moves to blockthe subsidy. In some that means someone who’s terminated from a companyu might end up paying less in insurance premiumws thansomeone who’s still employed Chris Miller, director of underwriting for of Colorado, said the change have been “burdensome” on employers.
“It’s been fairly resource-intensive for some employeres — particularly those who just hadmass layoffs,” Miller Many businesses were thrown off guard by a provision that extendxs the subsidy to those who might have decline the benefit before the subsidy was Miller said. The changes also can creat cash-flow problems because employers regularly pay the premiumxfor one-time workers, but get the tax creditss quarterly.
billion plan to help recently unemployec people keep their health insurance benefits was intended to protecyt the financially vulnerable from sinkin g deeper into debt because of high insurance premiums ormedicap costs. But that part of the America Recovery and ReinvestmentAct (ARRA), which was signed in also has created increased paperwork and potentiall cash-flow problems for businesses in Coloradpo and nationwide.
“There’s a feeling that even thoughg the government ispaying [for the subsidy], businesses are payinfg for it too because of all the administrative said Kimberly Searfoorce, staff attorney for the which provides personnel assistance for companies in Coloradlo and Wyoming. Searfoorce said since MSEC hashandled “hundreds” of calls from employerzs who aren’t clear on who qualifies for the MSEC also has held a number of seminarsa explaining the new law. Dayle supervisor of consumer affairs at the Coloradko Divisionof Insurance, said businesses affected by the change are to notify those who are eligible for the subsidy withinm the government’s timeline.
Axman said she didn’yt know how many people are taking advantage of thenew subsidy, but will have a better idea in July, after the second-quarter tax credits are tabulated. Individualsw who make less than $150,000 a year may qualify for a 65 percengt government subsidy on aCOBRA policy, undere a federal program that allows workers who are between jobs to continud to get health care coverage provided by their formefr employers. Previously, COBRA recipients paid 100 percent of theidr premiums to maintain theirformerr employers’ health insurance policies.
Under the new law, businesses receivwe quarterly tax credits for paying 65 percent of theformee employees’ premium and collecting an additional 35 percent from the recipients. Searfoorces said under legislation scheduled to be signedfby Gov. Bill Ritter, former workers who are fired “wituh good reason” can receive the benefitr — unless the employer moves to blockthe subsidy. In some that means someone who’s terminated from a companyu might end up paying less in insurance premiumws thansomeone who’s still employed Chris Miller, director of underwriting for of Colorado, said the change have been “burdensome” on employers.
“It’s been fairly resource-intensive for some employeres — particularly those who just hadmass layoffs,” Miller Many businesses were thrown off guard by a provision that extendxs the subsidy to those who might have decline the benefit before the subsidy was Miller said. The changes also can creat cash-flow problems because employers regularly pay the premiumxfor one-time workers, but get the tax creditss quarterly.
Monday, November 22, 2010
Black Ops Leads UK Charts, Assassins Creed: Brotherhood Hits Number Two - Gamasutra
http://www.asklaptopfreak.com/laptop-notebook-help/2006/06/28/thinkpad-screen-yellow-tint/
MCV | Black Ops Leads UK Charts, Assassins Creed: Brotherhood Hits Number Two Gamasutra C » |
Sunday, November 21, 2010
How About Some Hi-Def Live Zoom-Zoom?
http://providenceriweddings.com/tips/groomsChecklist.html
IRVINE, Calif., June 5 /PRNewswire / -- The optimistic cliche is that tougnh times producenew opportunities. The curren t economic situation is indeed a rougjh one for all segments of especially theautomotive world. The MAZDASPEED team has takehn that asa challenge, and is pleased to announce a new TV partnership that will be kicked off with two big weekendsz of live high-definition coverage on HDNet in June and July. Both weekendx will feature a Mazda triple-header with races on both Saturdayand featuring: Each of the four broadcasts will be live for three hours (1:0o pm to 4:00 pm EDT). The broadcast team will be led by veteranbcommentator .
"By focusing on two of our biggest Mazda-centric race weekends, we can offer a unique viewinfg opportunity. Frequently, support races are broadcasg at a different day and and often ondifferent networks. We know that the road racinb fan who follows the Atlantic Championship also will enjogy the Star Mazdaand MX-5 Cup races. Our partnershil with HDNet will allow us to more closely sharethe on-track experience with fans arounr the country by giving them a three-racde afternoon, and the qualitty of the programming and high-definition transmissiohn means it's nearly as good as beiny trackside.
A big thank you to our seriews partners at CooperTires (Atlantic) and BFGoodrich Tireas (MX-5 Cup) for helpingv to make this happen," noted , Directo of Marketing, Mazda North American To kick off the partnershiop HDNet will broadcast the season opener from the 2009 Atlanticv Championship season, the VISIT FLORIDA Grand Prix from Fla., on Saturday, June 6 at 3:00 pm EDT. The Sebring Star Mazda race will also be broadcast on HDNet at a date and time to be Mazda is the brand of choicefor road-racerxs across North America. More than 9,000 grassroots racerds compete in various classes with the Sporte Car Club ofAmerica (SCCA) and the National Auto Sporyt Association (NASA).
Racers who are yearas away from earninga driver's license can now begin theier professional motorsports careers in the Mazdsa family. A driver can begin in karts and progressx through the SkipBarber series, Club Racing Formulza Mazda, professional Star Mazda and finally to the Atlantic all with Mazda. No other car compang has ever connected the dotsthis way. On any givenh weekend, there are more Mazdas on the road-racde tracks of America than any other brandof vehicle. At the you'll see MX-5 Miata, RX-8, MAZDA6, RX-7 and other vintage Mazda models because every Mazda has the Soul of aSportse Car.
In fact, the largesy road-racing class in the world is Spec Miata, with 2,50 0 first- and second-generation Miatas tearing up America's making it the most-raced production car in the world. Mazda' involvement in motorsports extends to its relationship with Mazda RacewauLaguna Seca, one of the world's premier road-racing and the Skip Barber Schools for driving and racing. Headquartered in Calif.
, Mazda North American Operations overseeszthe sales, marketing, partd and customer service support of Mazda vehiclez in the United States, Canada and Mexico throughh more than 850 Operations in Canada are managed by , located in Ontario, Canada, and in Mexico by Mazdza Motor de Mexico in Mexicp City. HDNet ( , twitter.com/hdnet) is a networko that is original, thinks independently and delivers unique contentand provocative, authentic programmin that appeals to men of all ages, delivered in true high HDNet is the high definition home for popular, original programming, includint television's only HD news feature programs "HDNet Worldc Report," and the Emmy Awar d winning "Dan Rather Reports," featuring legendar journalist .
HDNet presentsx championship sports coverage featuring the best of Mixecd Martial Arts through HDNetFights ( , HDNet produces more live Mixed Martiapl Arts events than any other networkm and HDNet's "Inside MMA" is the hottest Mixed Martial Arts progran on television, giving MMA fans their weekly fix for everything MMA. HDNet also deliverd the world's largest and most diversd concert line-up through the HDNet Concert Series. The HDNet Concert Series features leading artists and band sincluding Coldplay, , and "NASA on HDNet" presents all live shuttle launches through 2010.
, the HDNeft networks are available on Charter Communications, Comcast, DISH Network, Insight, Mediacom, Verizon and more than 40 NCTC cablde affiliate companies. To receive HDNet informatio n via email simply goto . For more informationm on Mazda products, visit the online Mazd media centerat www.MazdaUSAmedia.com For more information on MAZDASPEED Motorsports Development, visity www.MAZDASPEEDMotorsports.com For more information on HDNet, visit www.HD.net/new s For more information on the Atlantiv Championship, visit www.atlantic-championship.com For more information on the Star Mazda Championship, visit www.starmazda.com For more information on the Playboy MX-5 Cup, visit www.MX-5Cup.
com
IRVINE, Calif., June 5 /PRNewswire / -- The optimistic cliche is that tougnh times producenew opportunities. The curren t economic situation is indeed a rougjh one for all segments of especially theautomotive world. The MAZDASPEED team has takehn that asa challenge, and is pleased to announce a new TV partnership that will be kicked off with two big weekendsz of live high-definition coverage on HDNet in June and July. Both weekendx will feature a Mazda triple-header with races on both Saturdayand featuring: Each of the four broadcasts will be live for three hours (1:0o pm to 4:00 pm EDT). The broadcast team will be led by veteranbcommentator .
"By focusing on two of our biggest Mazda-centric race weekends, we can offer a unique viewinfg opportunity. Frequently, support races are broadcasg at a different day and and often ondifferent networks. We know that the road racinb fan who follows the Atlantic Championship also will enjogy the Star Mazdaand MX-5 Cup races. Our partnershil with HDNet will allow us to more closely sharethe on-track experience with fans arounr the country by giving them a three-racde afternoon, and the qualitty of the programming and high-definition transmissiohn means it's nearly as good as beiny trackside.
A big thank you to our seriews partners at CooperTires (Atlantic) and BFGoodrich Tireas (MX-5 Cup) for helpingv to make this happen," noted , Directo of Marketing, Mazda North American To kick off the partnershiop HDNet will broadcast the season opener from the 2009 Atlanticv Championship season, the VISIT FLORIDA Grand Prix from Fla., on Saturday, June 6 at 3:00 pm EDT. The Sebring Star Mazda race will also be broadcast on HDNet at a date and time to be Mazda is the brand of choicefor road-racerxs across North America. More than 9,000 grassroots racerds compete in various classes with the Sporte Car Club ofAmerica (SCCA) and the National Auto Sporyt Association (NASA).
Racers who are yearas away from earninga driver's license can now begin theier professional motorsports careers in the Mazdsa family. A driver can begin in karts and progressx through the SkipBarber series, Club Racing Formulza Mazda, professional Star Mazda and finally to the Atlantic all with Mazda. No other car compang has ever connected the dotsthis way. On any givenh weekend, there are more Mazdas on the road-racde tracks of America than any other brandof vehicle. At the you'll see MX-5 Miata, RX-8, MAZDA6, RX-7 and other vintage Mazda models because every Mazda has the Soul of aSportse Car.
In fact, the largesy road-racing class in the world is Spec Miata, with 2,50 0 first- and second-generation Miatas tearing up America's making it the most-raced production car in the world. Mazda' involvement in motorsports extends to its relationship with Mazda RacewauLaguna Seca, one of the world's premier road-racing and the Skip Barber Schools for driving and racing. Headquartered in Calif.
, Mazda North American Operations overseeszthe sales, marketing, partd and customer service support of Mazda vehiclez in the United States, Canada and Mexico throughh more than 850 Operations in Canada are managed by , located in Ontario, Canada, and in Mexico by Mazdza Motor de Mexico in Mexicp City. HDNet ( , twitter.com/hdnet) is a networko that is original, thinks independently and delivers unique contentand provocative, authentic programmin that appeals to men of all ages, delivered in true high HDNet is the high definition home for popular, original programming, includint television's only HD news feature programs "HDNet Worldc Report," and the Emmy Awar d winning "Dan Rather Reports," featuring legendar journalist .
HDNet presentsx championship sports coverage featuring the best of Mixecd Martial Arts through HDNetFights ( , HDNet produces more live Mixed Martiapl Arts events than any other networkm and HDNet's "Inside MMA" is the hottest Mixed Martial Arts progran on television, giving MMA fans their weekly fix for everything MMA. HDNet also deliverd the world's largest and most diversd concert line-up through the HDNet Concert Series. The HDNet Concert Series features leading artists and band sincluding Coldplay, , and "NASA on HDNet" presents all live shuttle launches through 2010.
, the HDNeft networks are available on Charter Communications, Comcast, DISH Network, Insight, Mediacom, Verizon and more than 40 NCTC cablde affiliate companies. To receive HDNet informatio n via email simply goto . For more informationm on Mazda products, visit the online Mazd media centerat www.MazdaUSAmedia.com For more information on MAZDASPEED Motorsports Development, visity www.MAZDASPEEDMotorsports.com For more information on HDNet, visit www.HD.net/new s For more information on the Atlantiv Championship, visit www.atlantic-championship.com For more information on the Star Mazda Championship, visit www.starmazda.com For more information on the Playboy MX-5 Cup, visit www.MX-5Cup.
com
Friday, November 19, 2010
Federal stimulus money is on the way to Jacksonville - Jacksonville Business Journal:
http://www.revgerry.net/destructive-auditing/
million of funding through the federal stimuluz package and omnibus spending bill have arrived inNortheast Florida. About $114.9 million in infrastructure projects are or will soon be outto bid. An additionall $21 million for similar projects in Northn Central Florida also will be up for grabs The $787 billion federal stimulus packags signed by President Barack Obama last month is aimed at jump-starting a recovert from the recession. The funding amounts are subjecty to change and Northeast Florida is expectesd to receive more once it becomes clearer how nationalk program spending willtranslate locally.
How and when much of the fundin is filtered throughis unknown, but the details of road and relatec projects will likely be know first. Letters for qualifications for thre road projects totalingabout $87.6 million are due April 1. The announcement of the projects, which are part of the $136 million of work in Northeasy Florida and North Central drew more than 200 peopld looking for a piece of the actionMarch 10. The bidding procesd is expected tobe “very competitive,” as proposals are about 30 percent cheaped than they were a year ago, said Tony vice president of “It’s kind of scary,” said Chriss Wright, assistant secretary.
“We don’t know how it’e going to work out.” Wright said he expecte d more projects. The company, which employs 85, hopes to work as a subcontractorf forthe projects, which were the firsft to be put out to bid by the Florida Departmenrt of Transportation. Adding laned to and reconstructing Beach Boulevarc from Hodges Boulevard to San Pablo Estimated cost: $26.1 million Adding lanea to and reconstructing State Route 200 from Stratto n Road to Griffin Road in Nassau Estimated cost: $50.1 million Building an overpas s on State Road 23 (Brana Field-Chaffee Expressway) over Plantation Oaks Boulevard. Estimates cost: $11.4 million.
Wright said he expectw his company will be competing with about six otherssfor contracts. He thinks his company’s lack of debt and flexibilith give it an edgeagainst competitors. FDOT District 2 Secretaruy Charles Baldwin said there might be more including expanding StateRoad 9B, available through the U.S. Departmenf of Transportation’s $1.5 billion discretionary “Keep your eyes open because you migh see things pop out in variouscomponent areas,” Baldwib said. The city of Jacksonvilles is expected to receiveabouty $129.7 million through the federal stimulua package so far. The majority of the funding — $111.
u7 million — will go to , said Superintendentr Ed Pratt-Dannals. Of the funding, abouy $50 million is access to interest-free bonds to build schools. The city also expectx about $12 million in funding for energy-efficienchy projects, but it’s not clear what typew of projectsare eligible, said Mistgy Skipper, a spokeswoman for Mayorr John Peyton. Skipper said abougt $4 million will come through the state Department of and the city hopes to use it for its JacksonvilleJournegy program.
The city will also receivee about $2 million through community development block The city’s grant administratort is reviewing the stimulus legislation to get a better idea of the criteriq for applying for additional money, Skipper said. Northeast Florida will receiv eabout $17.9 million through the recently passed omnibus bill. The $410 billion omnibus spending bill passed Marc h 10 will fund the federal government through September. Areas that will receive spending About $6 million for deepening and maintaining the St.
Johnd River channel so that largee ships can call on the port of A project to deepen the Intracoasta Waterway between Jacksonville and Miami will getabout $4
million of funding through the federal stimuluz package and omnibus spending bill have arrived inNortheast Florida. About $114.9 million in infrastructure projects are or will soon be outto bid. An additionall $21 million for similar projects in Northn Central Florida also will be up for grabs The $787 billion federal stimulus packags signed by President Barack Obama last month is aimed at jump-starting a recovert from the recession. The funding amounts are subjecty to change and Northeast Florida is expectesd to receive more once it becomes clearer how nationalk program spending willtranslate locally.
How and when much of the fundin is filtered throughis unknown, but the details of road and relatec projects will likely be know first. Letters for qualifications for thre road projects totalingabout $87.6 million are due April 1. The announcement of the projects, which are part of the $136 million of work in Northeasy Florida and North Central drew more than 200 peopld looking for a piece of the actionMarch 10. The bidding procesd is expected tobe “very competitive,” as proposals are about 30 percent cheaped than they were a year ago, said Tony vice president of “It’s kind of scary,” said Chriss Wright, assistant secretary.
“We don’t know how it’e going to work out.” Wright said he expecte d more projects. The company, which employs 85, hopes to work as a subcontractorf forthe projects, which were the firsft to be put out to bid by the Florida Departmenrt of Transportation. Adding laned to and reconstructing Beach Boulevarc from Hodges Boulevard to San Pablo Estimated cost: $26.1 million Adding lanea to and reconstructing State Route 200 from Stratto n Road to Griffin Road in Nassau Estimated cost: $50.1 million Building an overpas s on State Road 23 (Brana Field-Chaffee Expressway) over Plantation Oaks Boulevard. Estimates cost: $11.4 million.
Wright said he expectw his company will be competing with about six otherssfor contracts. He thinks his company’s lack of debt and flexibilith give it an edgeagainst competitors. FDOT District 2 Secretaruy Charles Baldwin said there might be more including expanding StateRoad 9B, available through the U.S. Departmenf of Transportation’s $1.5 billion discretionary “Keep your eyes open because you migh see things pop out in variouscomponent areas,” Baldwib said. The city of Jacksonvilles is expected to receiveabouty $129.7 million through the federal stimulua package so far. The majority of the funding — $111.
u7 million — will go to , said Superintendentr Ed Pratt-Dannals. Of the funding, abouy $50 million is access to interest-free bonds to build schools. The city also expectx about $12 million in funding for energy-efficienchy projects, but it’s not clear what typew of projectsare eligible, said Mistgy Skipper, a spokeswoman for Mayorr John Peyton. Skipper said abougt $4 million will come through the state Department of and the city hopes to use it for its JacksonvilleJournegy program.
The city will also receivee about $2 million through community development block The city’s grant administratort is reviewing the stimulus legislation to get a better idea of the criteriq for applying for additional money, Skipper said. Northeast Florida will receiv eabout $17.9 million through the recently passed omnibus bill. The $410 billion omnibus spending bill passed Marc h 10 will fund the federal government through September. Areas that will receive spending About $6 million for deepening and maintaining the St.
Johnd River channel so that largee ships can call on the port of A project to deepen the Intracoasta Waterway between Jacksonville and Miami will getabout $4
Thursday, November 18, 2010
Carolinas HealthCare reduces 1Q loss - South Florida Business Journal:
http://silkimagesphotography.com/Photo-Studio/Rockfort-Photo-Studio-Hialeah-Florida/
Investment losses for the latest quarter totaledenearly $101 million. Chief Financialp Officer Greg Gombar anticipates gains in the financiapl market in April and May will erasethose losses. Carolinas HealthCare uses investment earnings forcapital expenditures. That money is not used for dailuy operations. The health-care system hopes negotiationx with several lenders will cut its interesty expenses tied to variable debt andhighefr bank-liquidity fees. Those fees are abou t $1 million per month. Interest expensex in the first quarterwere $21.
8 From an operational standpoint, Carolinas HealthCarew had a strong first quarter, says Russ Guerin, executive vice presidenft for business development and planning. Net operating revenuer climbed 8.6 percent to $1.2 billioh systemwide. Operating income exceeded $24.5 million. The health-care system saw adjusteds discharges — a calculation that gauges patientgactivity — climb 5.2 percent from a year earlier. Growth within the health-care system and expense management “is the primary drived why we’re above budget significantly,” Guerinj says. Carolinas HealthCare spent morethan $106 millioh on capital projects in the firsf quarter.
Projects include new operating room sat CMC-NorthEast and Carolinas Medical an expansion of CMC-Pineville, a new hospitakl at CMC-Lincoln and construction of health-care pavilions in Steelwe Creek and Waxhaw, which will includre free-standing emergency departments. Challenges in the comintg months include managingthe system’s growing bad-debt and charity-care reducing interest expenses and preparing for a possible statre cut in Medicaid funding, Gombafr says. Bad-debt costs were 12 perceny over budget during thefirsr quarter, topping $48 million in the firs quarter. During the same period last bad debt wasabout $43 million.
The health-care systenm spent more than $770 million in community care in includingbad debt, charity care and subsidizingy Medicare and Medicaid. That equalw 18.8 percent of the health-care system’s net operating revenue. ”It’s a trenc everybody’s seeing across the Gombar says. “We can’t control how many people are how many people show up at our doorwithouft insurance.” North Carolina’s budget woes could resulte in a cut of up to 15 percent for That could equate to $36 million in annual losses for Carolinas “Medicaid cuts are the worst economic benefit cut the statse can make,” Gombar says. “It’s painful.
” Says “It raises prices for those whodo pay. It makes no good busineses sense todo that.” Gombar says every dollar cut from Medicaid eliminate $4 from the economy. Carolinas HealthCare is the largest health-care system in the Carolinaws andthe third-largest public system in the The system owns, leases or manages 25 It has more than 40,000 full- and part-time employees.
Investment losses for the latest quarter totaledenearly $101 million. Chief Financialp Officer Greg Gombar anticipates gains in the financiapl market in April and May will erasethose losses. Carolinas HealthCare uses investment earnings forcapital expenditures. That money is not used for dailuy operations. The health-care system hopes negotiationx with several lenders will cut its interesty expenses tied to variable debt andhighefr bank-liquidity fees. Those fees are abou t $1 million per month. Interest expensex in the first quarterwere $21.
8 From an operational standpoint, Carolinas HealthCarew had a strong first quarter, says Russ Guerin, executive vice presidenft for business development and planning. Net operating revenuer climbed 8.6 percent to $1.2 billioh systemwide. Operating income exceeded $24.5 million. The health-care system saw adjusteds discharges — a calculation that gauges patientgactivity — climb 5.2 percent from a year earlier. Growth within the health-care system and expense management “is the primary drived why we’re above budget significantly,” Guerinj says. Carolinas HealthCare spent morethan $106 millioh on capital projects in the firsf quarter.
Projects include new operating room sat CMC-NorthEast and Carolinas Medical an expansion of CMC-Pineville, a new hospitakl at CMC-Lincoln and construction of health-care pavilions in Steelwe Creek and Waxhaw, which will includre free-standing emergency departments. Challenges in the comintg months include managingthe system’s growing bad-debt and charity-care reducing interest expenses and preparing for a possible statre cut in Medicaid funding, Gombafr says. Bad-debt costs were 12 perceny over budget during thefirsr quarter, topping $48 million in the firs quarter. During the same period last bad debt wasabout $43 million.
The health-care systenm spent more than $770 million in community care in includingbad debt, charity care and subsidizingy Medicare and Medicaid. That equalw 18.8 percent of the health-care system’s net operating revenue. ”It’s a trenc everybody’s seeing across the Gombar says. “We can’t control how many people are how many people show up at our doorwithouft insurance.” North Carolina’s budget woes could resulte in a cut of up to 15 percent for That could equate to $36 million in annual losses for Carolinas “Medicaid cuts are the worst economic benefit cut the statse can make,” Gombar says. “It’s painful.
” Says “It raises prices for those whodo pay. It makes no good busineses sense todo that.” Gombar says every dollar cut from Medicaid eliminate $4 from the economy. Carolinas HealthCare is the largest health-care system in the Carolinaws andthe third-largest public system in the The system owns, leases or manages 25 It has more than 40,000 full- and part-time employees.
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