Matthew Walker gets more stimulus cash
Posted on June 30, 2009 at 11:52 pmThe Nashville-based operator of health clinics will get $1.2 million from the Recovery Act.
The renovation project will also create additional office space for health education, outreach and behavioral health staff. Finally, AARA-CIP funds will be used to significantly improve the core of its information technology infrastructure. The major improvement includes advancing the integration of the electronic health record to include radiology and ophthalmology services.
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Southwestern blog wins award
Posted on at 11:41 pmThe Nashville institution’s blog on ethics direct sales practices was recently recognized by the National Association of Consumer Agency Administrators. Check out the blog here.
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Stites checks in with Chambers laureates
Posted on at 10:03 pmAlmost 30 Stites & Harbison attorneys from eight regional offices have been included in Chambers USA’s 2009 guide to the country’s leading attorneys. The following Nashville attorneys are part of that group:
Julian L. Bibb - Banking & Finance: Transactional, Real Estate
Daniel W. Small - Banking & Finance: Transactional
Robert C. Goodrich, Jr. - Litigation: Bankruptcy
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Newsflash: Loan mods stink
Posted on at 9:19 pm
More sobering news from the mortgage front: The OCC and OTS have released a report that chronicles the explosion in loan modifications early this year – up 55 percent from late 2008 – and gives us more evidence that those mods just don’t work well.
SEE ALSO: Our print edition cover story this week on foreclosures.
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First fire, now lightning
Posted on at 8:38 pmDelek’s Texas refinery – which only came back online in April after a November explosion – has been struck by lightning.
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Railroaded stations
Posted on at 6:55 pm
This wistful look at bygone train stations from around the country sure makes us happy that Nashville’s Union Station was placed on the National Register of Historic Places a decade before the last Amtrak train pulled out of town.
Of course, reading about many cities’ plans to join the nation’s budding high-speed rail network also has us steamed that Nashville features nowhere in that picture.
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Teddy walks
Posted on at 6:19 pmWord that Teddy Bart will chat with Mary Mancini in a few days reminded us to check up on the status of his arrest in March on prostitution charges.
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Better TV at Genesco stores
Posted on at 4:47 pm
An L.A. company has revamped the video content for the Journeys and Journeys Kidz chains.
“It is important that the content we air connects with our core customer base and inspires them,” said Jim Estepa, President and Chief Executive Officer for Genesco Retail Group. “We are pleased with the direction Channel M has taken with the programming and believe that it supports and reflects our customer’s lifestyle and sets us apart from our competition.”
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From the Department of Look What $38M Will Buy You These Days
Posted on at 4:38 pm
Alan Jackson has put his 135-acre Williamson County estate on the market. Among the features you’ll get: A stocked and aerated lake, a log cabin overlooking the Harpeth and a 20-car garage.
Check out many more photos here.
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Vanguard brings Pilgrim back home
Posted on at 1:42 pm
Trip Pilgrim left Vanguard Health’s HQ as a vice president in 2003 to go work on the company’s integration of a San Antonio hospital system. He is returning this week to be the $3 billion hospital operator’s chief development officer and spearhead its “renewed growth strategy.”
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Fitch: First Tennessee not out of the woods
Posted on at 12:59 pmCredit ratings group Fitch says First Tennessee, which in many ways got a headstart on dealing with last year’s banking crisis, still has a credit mess on its hands.
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ICA teams with CDS to offer EHRs to John Q. P
Posted on at 12:43 pmNashville’s Informatics Corp. of America announced today that it has joined forces with South Carolina-based Companion Data Services to market a new combined product that will:
offer heath care consortiums and state agencies the capability to electronically move clinical information among disparate health care information systems and facilitate access to and retrieval of clinical data to provide higher quality, patient-centered care.
ICA’s CEO Gary Zegiestowsky said of the partnership:
The ability to deploy systems that add value to long-term investments in existing health care information technology is crucial, and the collective capabilities of ICA and CDS represent a powerhouse of resources.
OK, the new “solution” mentioned in this announcement isn’t being marketed to individuals, but it made the acronym joke work.
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Hermitage Hotel tops ‘historic’ list
Posted on at 11:51 amDowntown’s renowned Hermitage Hotel tops Luxury Travel’s list of the ‘USA’s Top Ten Historic Hotels for Independence Day.’
The Hermitage Hotel (named after Andrew Jackson’s Hermitage estate) opened its doors in 1910. As Nashville’s first million-dollar hotel, it was a preferred gathering place for the city’s socialites and became a frequent stop for some of the nation’s most prominent figures including presidents, actresses, war heroes and gangsters. For years, the hotel served as the headquarters of the state Democratic Party. At one time the famous pool legend Minnesota Fats had his own table on the Mezzanine above the lobby.
News 2 parent headed for auction block
Posted on at 8:17 amInvestors looking to bid on bankrupt Young Broadcasting’s assets have until July 10 to submit their papers, according to recent court documents filed in New York. Young, which owns WKRN News 2 as well as 10 other TV stations around the country, filed for Chapter 11 early this year, unable to handle its debt load. Operating numbers for May show that WKRN posted a profit of almost $237,000 on net revenue of $1.9 million.
HT: Bonna Johnson
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Hey, a little piece of that is still big money
Posted on June 29, 2009 at 11:13 pmBarron’s points us to a few details from a Stifel Nicolaus report that suggests a) a number of Medicare-dependent stocks are being overly discounted, and b) that, despite the regulatory risks, torrents of money will make their way toward health care providers of all stripes should health care reform pass.
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