Seniors

NHC Announces 3.4% Increase in Common Dividend

Retrieved on: 
Donnerstag, Mai 9, 2024

National HealthCare Corporation (NYSE American: NHC), the nation’s oldest publicly traded long-term health care company, announced today that it will pay a quarterly dividend of 61 cents per common share to shareholders of record on June 28, 2024 and payable on August 1, 2024.

Key Points: 
  • National HealthCare Corporation (NYSE American: NHC), the nation’s oldest publicly traded long-term health care company, announced today that it will pay a quarterly dividend of 61 cents per common share to shareholders of record on June 28, 2024 and payable on August 1, 2024.
  • This represents a 3.4% increase over last quarter’s regular common dividend.

CareMax Reports First Quarter 2024 Results

Retrieved on: 
Donnerstag, Mai 9, 2024

CareMax, Inc. (NASDAQ: CMAX; CMAXW) (“CareMax” or the “Company”), a leading technology-enabled value-based care delivery system, today announced financial results for the first quarter ended March 31, 2024.

Key Points: 
  • CareMax, Inc. (NASDAQ: CMAX; CMAXW) (“CareMax” or the “Company”), a leading technology-enabled value-based care delivery system, today announced financial results for the first quarter ended March 31, 2024.
  • “During the first quarter of 2024, we believe we began to see benefits from our fourth quarter clinical efforts which became fully implemented toward the end of last year,” said Carlos de Solo, Chief Executive Officer.
  • “While absolute levels of utilization remained elevated, Medicare risk medical expense ratio in the first quarter of 2024 was favorable to our internal projections and improved compared to the prior two quarters, offset by acuity shifts in our Medicaid risk membership.
  • Adjusted EBITDA was ($10.5) million, compared to ($0.4) million for the first quarter of 2023.1
    Platform Contribution was $9.1 million, compared to $24.7 million for the first quarter of 2023.1
    Medical Expense Ratio was 87.8%, compared to 75.2% for the first quarter of 2023.

Union Pacific's Big Boy No. 4014 Returns this Summer with Public Display Days in Roseville, California and Ogden, Utah

Retrieved on: 
Donnerstag, Mai 9, 2024

During the tour, the Union Pacific Museum will host a special passenger trip.

Key Points: 
  • During the tour, the Union Pacific Museum will host a special passenger trip.
  • The unique experience is the annual gala fundraiser for the nonprofit organization and provides a rare opportunity to travel on this historic heritage equipment.
  • Twenty-five Big Boy locomotives were built for Union Pacific to haul freight over the steep grade of the Wasatch Mountain Range in Utah during World War II.
  • Eight were preserved after the locomotives were retired six decades ago, but only Big Boy No.

Baptist Health, Caregility Expand Partnership to Enhance Patient Care

Retrieved on: 
Donnerstag, Mai 9, 2024

Baptist Health and Caregility are pleased to announce an expanded partnership aimed at enhancing patient care across the Arkansas-based healthcare organization.

Key Points: 
  • Baptist Health and Caregility are pleased to announce an expanded partnership aimed at enhancing patient care across the Arkansas-based healthcare organization.
  • View the full release here: https://www.businesswire.com/news/home/20240509858411/en/
    A Baptist Health bedside care team member welcomes a virtual clinician into the patient room using Caregility’s APS250C mobile telehealth cart.
  • As part of this expansion, Baptist Health will deploy Caregility’s new, highly advanced telehealth devices and award-winning Caregility Cloud™ virtual care platform in more than 500 additional patient rooms at the health system’s flagship hospital, Baptist Health Medical Center-Little Rock, as well as Baptist Health Medical Center-North Little Rock and Baptist Health-Fort Smith.
  • “Baptist Health first added virtual care in 2005, and we have continued to advance with the latest technology bringing us to where we are today with our partnership with Caregility.

Interim HealthCare Inc. Names 2024 Nurse of the Year

Retrieved on: 
Donnerstag, Mai 9, 2024

A registered nurse at Interim HealthCare of Hudson, Wisconsin, Jennifer is awarded for setting a high standard of care with her individualized approach and commitment to patients.

Key Points: 
  • A registered nurse at Interim HealthCare of Hudson, Wisconsin, Jennifer is awarded for setting a high standard of care with her individualized approach and commitment to patients.
  • (Photo: Business Wire)
    “Jennifer is a phenomenal person and an amazing nurse,” said Steven Alessandro, owner of Interim HealthCare of Hudson, Wisconsin.
  • A lifelong learner, Jennifer started with Interim HealthCare as a licensed practical nurse, and in 2023 completed the program to become a registered nurse.
  • “It’s a great honor to be named Interim HealthCare’s 2024 Nurse of the Year,” said Jennifer Ragsdale.

Southeastern Grocers donates $320,000 to 8 children’s hospitals and celebrates Mother’s Day

Retrieved on: 
Donnerstag, Mai 9, 2024

Southeastern Grocers Inc. (SEG), parent company and home of Harveys Supermarket and Winn-Dixie grocery stores, donated $320,000 to eight children’s hospitals across the Southeast to aid the health and healing of local pediatric patients.

Key Points: 
  • Southeastern Grocers Inc. (SEG), parent company and home of Harveys Supermarket and Winn-Dixie grocery stores, donated $320,000 to eight children’s hospitals across the Southeast to aid the health and healing of local pediatric patients.
  • View the full release here: https://www.businesswire.com/news/home/20240509824934/en/
    Southeastern Grocers Inc. (SEG), parent company and home of Harveys Supermarket and Winn-Dixie grocery stores, donates $320,000 to eight children’s hospitals across the Southeast.
  • The grocer is also surprising moms caring for hospitalized children leading up to Mother’s Day with gift cards, fresh flowers and breakfast treats, including families at Golisano Children’s Hospital of Southwest Florida.
  • Raymond Rhee, Chief People Officer for Southeastern Grocers, said, “These eight exceptional children's hospitals hold a special place within our communities, similar to the vital role mothers play within their families.

Sonida Provides Updates on Acquisition and Capital Allocation Activity

Retrieved on: 
Donnerstag, Mai 9, 2024

Sonida is acquiring the asset for $10.7 million at a 43% discount to the in-place senior mortgage loan and approximately $105k per unit.

Key Points: 
  • Sonida is acquiring the asset for $10.7 million at a 43% discount to the in-place senior mortgage loan and approximately $105k per unit.
  • The completion of both joint venture acquisition opportunities is subject to several conditions, including the completion of satisfactory due diligence and the negotiation and execution of definitive acquisition agreements.
  • Growth of management contracts with third-party owners allows Sonida to leverage its full suite of operational capabilities and enhance the Company’s return on invested capital with asset-light earnings growth.
  • Sonida currently anticipates that the net proceeds will be used to fund future potential acquisition opportunities, capital expenditure projects, working capital and other general corporate purposes.

Carallel Wins 2024 Healthcare Insurance Innovation Award from MedTech Breakthrough Awards Program

Retrieved on: 
Donnerstag, Mai 9, 2024

Carallel , the leading provider of holistic support, guidance and assistance for family caregivers, today announced that it has been selected as winner of the “Healthcare Insurance Innovation Award” in the 8th annual MedTech Breakthrough Awards program conducted by MedTech Breakthrough , an independent market intelligence organization that recognizes the top companies, technologies and products in the global digital health and medical technology market.

Key Points: 
  • Carallel , the leading provider of holistic support, guidance and assistance for family caregivers, today announced that it has been selected as winner of the “Healthcare Insurance Innovation Award” in the 8th annual MedTech Breakthrough Awards program conducted by MedTech Breakthrough , an independent market intelligence organization that recognizes the top companies, technologies and products in the global digital health and medical technology market.
  • Carallel provides personalized guidance and digital health tools to family caregivers that empower them to confidently manage the journey of caregiving.
  • It’s imperative for health plans to address caregiver needs,” said Steve Johansson, managing director, MedTech Breakthrough.
  • Carallel recently announced new partnerships with Empathy for bereavement support and myFloc for financial management support.

GoodRx Reports First Quarter 2024 Results

Retrieved on: 
Donnerstag, Mai 9, 2024

GoodRx Holdings, Inc. (Nasdaq: GDRX) ("we," "us," "our," “GoodRx,” or the “Company”), the leading destination for prescription savings in the U.S., has released its financial results for the first quarter of 2024.

Key Points: 
  • GoodRx Holdings, Inc. (Nasdaq: GDRX) ("we," "us," "our," “GoodRx,” or the “Company”), the leading destination for prescription savings in the U.S., has released its financial results for the first quarter of 2024.
  • For the first quarter of 2024, revenue, the most directly comparable financial measure calculated in accordance with GAAP, was equal to Adjusted Revenue and we expect revenue to equal Adjusted Revenue for the second quarter and full year of 2024.
  • As of March 31, 2024, GoodRx had cash and cash equivalents of $533.3 million and total outstanding debt of $658.3 million.
  • During the first quarter of 2024, we repurchased 21.3 million shares of Class A common stock for an aggregate of $154.8 million.

Enhabit Concludes Review of Strategic Alternatives

Retrieved on: 
Mittwoch, Mai 8, 2024

The Company and its advisors ran a thorough strategic review process that concentrated on a merger or acquisition of the Company.

Key Points: 
  • The Company and its advisors ran a thorough strategic review process that concentrated on a merger or acquisition of the Company.
  • The Board directed the Company’s financial advisor to identify potential strategic partners and financial sponsors that might be interested in an acquisition of or strategic combination with the Company.
  • “Considering this, and other strategic alternatives reviewed with advisors during the review process, the Board determined the best way to enhance shareholder value at this time is to continue to operate as a stand-alone business.
  • “With the strategic alternatives review process concluded, the management team is focused on operating Enhabit’s core businesses,” said President and Chief Executive Officer Barbara Jacobsmeyer.