PACE

ExactCare and Tabula Rasa HealthCare Business Combination Closes, Creating a Leading, Independent Value-Based Pharmacy Management Company for Patients with the Most Complex Needs

Retrieved on: 
Monday, November 6, 2023
Nautic Partners, Health, PACE, Organization, Acquisition, Risk, Pharmacy, Medicaid, Patient, Health insurance, Health care, Medicare

CLEVELAND, Nov. 06, 2023 (GLOBE NEWSWIRE) -- ExactCare®, a national provider of medication management and comprehensive long-term pharmacy services and a Nautic Partners portfolio company, today announced that the acquisition of Tabula Rasa HealthCare, Inc.®, a leading healthcare company advancing personalized, comprehensive care for value-based care organizations, is complete.

Key Points: 
  • CLEVELAND, Nov. 06, 2023 (GLOBE NEWSWIRE) -- ExactCare®, a national provider of medication management and comprehensive long-term pharmacy services and a Nautic Partners portfolio company, today announced that the acquisition of Tabula Rasa HealthCare, Inc.®, a leading healthcare company advancing personalized, comprehensive care for value-based care organizations, is complete.
  • ExactCare and Tabula Rasa are creating a leading, independent pharmacy care management company that specializes in caring for the most at-risk patient populations in the healthcare system—helping them to live healthier and thrive in both home- and community-based settings.
  • Together, the two organizations care for over 100,000 beneficiaries served by the Program of All-Inclusive Care for the Elderly (PACE), Medicare, Medicaid and Dual-eligible plans.
  • "ExactCare and Tabula Rasa provide separate but complementary services that together create an innovative pharmacy solutions provider that will drive tremendous value for patients, payers and partners,” said Brian Adams, who formerly served as President & CEO of Tabula Rasa and is now President of the combined company.

Elected Officials and Health Care Advocates Demonstrate Support for WelbeHealth's Expansion in Southern California

Retrieved on: 
Thursday, November 2, 2023
Meal, Health, Medicare, PACE, Legislation, Life expectancy, Transport, Caregiver, Prescription, Medi-Cal, Therapy, Language, Depression, Alzheimer's disease, San Fernando Valley, Nursing, Patient, Social, Lifting, Film industry, Management, MD

LOS ANGELES, Nov. 2, 2023 /PRNewswire/ -- A diverse coalition of elected officials, advocates for vulnerable seniors, and local health care organizations joined WelbeHealth for the grand opening celebrations of WelbeHealth's new Los Angeles locations in North Hollywood on October 6 and Rosemead on October 13. 

Key Points: 
  • "We are honored to have the support of such esteemed elected officials and community leaders.
  • California elected officials and health care advocates voiced their support for WelbeHealth's leadership in expanding access to community-based senior health services across the Los Angeles area through the Program of All-Inclusive Care for the Elderly (PACE).
  • WelbeHealth delivers fully integrated care that allows frail seniors to age in place with the support of interdisciplinary teams, including doctors and nurses, physical therapists, home care aides, and social workers.
  • Wraparound support like meals, social activities, and transportation address social determinants of health.

Amalgamated Financial Corp. Reports Third Quarter 2023 Financial Results; Stable Net Interest Margin at 3.29%, Deposit growth excluding Brokered CDs of $172.8 million

Retrieved on: 
Thursday, October 26, 2023
Earnings call, Sale, Eastern Time Zone, Amalgamation, PACE, Share repurchase, GAAP, Trust, First Franklin Financial Corp., Risk-weighted asset, Amalgamated Bank, Common equity, CECL, PACS, Total, AMAL, Security (finance), Uranium mining, Bank, Insurance, Pharmaceutical industry, Real estate, Video game

Net interest income was $63.7 million and net interest margin was 3.29%, with each better than the guidance range provided in the second quarter.

Key Points: 
  • Net interest income was $63.7 million and net interest margin was 3.29%, with each better than the guidance range provided in the second quarter.
  • Net interest income was $63.7 million for the third quarter of 2023, compared to $63.0 million for the second quarter of 2023.
  • Provision for credit losses totaled $2.0 million for the third quarter of 2023 compared to $3.9 million in the second quarter of 2023.
  • Additionally, deposits excluding Brokered CDs increased by $172.8 million, while Brokered CDs decreased $76.6 million.

InnovAge to Announce Fiscal First Quarter 2024 Financial Results and Host Conference Call Tuesday, November 7, 2023

Retrieved on: 
Tuesday, October 24, 2023
PACE, Health insurance, Broadcasting, Online shopping

In conjunction, the Company will host a conference call to review the results at 5 p.m. E.T.

Key Points: 
  • In conjunction, the Company will host a conference call to review the results at 5 p.m. E.T.
  • A live audio webcast of the call will be available on the Company’s website, https://inv estor.in novage.com/ .
  • To access the call by phone, please go to this link ( registration link ), for dialing instructions and a unique access pin.
  • We encourage participants to dial into the call fifteen minutes ahead of the scheduled start time.

Schools Now Have Access to AI Guidance Toolkit Released by Education Leaders and Tech Experts

Retrieved on: 
Tuesday, October 17, 2023
Parent, School, Student, North Dakota Department of Public Instruction, Cosnes-et-Romain, International Society, Literacy, Digital Promise, PACE, California State Superintendent of Public Instruction, ETS, Code.org, Policy, South Dakota Department of Education, Ceibal project, UNESCO, International Society for Technology in Education, Khan Academy, Medical device, Management, Education, AI

SEATTLE, Oct. 17, 2023 /PRNewswire/ -- Today, TeachAI, an initiative led by Code.org, ETS, the International Society of Technology in Education, Khan Academy, and the World Economic Forum, launched an AI Guidance for Schools toolkit to help education systems globally address gaps in AI guidance and policy. This resource was co-authored by Code.org, CoSN, Digital Promise, European EdTech Alliance, and PACE with input and review from policymakers, school leaders, teachers and leading tech organizations.

Key Points: 
  • TeachAI released an AI Guidance for Schools toolkit to support the urgent need for guidance on the safe, effective, and responsible use of AI in schools
    SEATTLE, Oct. 17, 2023 /PRNewswire/ -- Today, TeachAI, an initiative led by Code.org, ETS, the International Society of Technology in Education, Khan Academy, and the World Economic Forum, launched an AI Guidance for Schools toolkit to help education systems globally address gaps in AI guidance and policy.
  • "Harnessing the potential of AI for Los Angeles Unified schools is a journey, and the AI Guidance for Schools toolkit is a valuable resource," said Los Angeles Unified Superintendent Alberto M. Carvalho.
  • The AI Guidance for Schools Toolkit recommends seven principles for crafting AI guidance:
    Purpose: Use AI to help all students achieve educational goals.
  • The AI Guidance for Schools Toolkit equips students and educators for AI challenges, fostering digital self-determination," Leandro Folgar, President of Ceibal, Government of Uruguay.

Year Up Names Ellen McClain as Next CEO and President

Retrieved on: 
Tuesday, October 17, 2023
Partnership, National Board of Boiler and Pressure Vessel Inspectors, Student, Television, Social Problems, PACE, Culture, Randomized controlled trial, Senior advisor, Workforce, Crane Co Building of Memphis, CFO, Harvard Business School, Management, Education

BOSTON, Oct. 17, 2023 /PRNewswire/ -- The national workforce development organization Year Up announced today that its Board of Directors has appointed Year Up President Ellen McClain as CEO, effective December 1, 2023. Gerald Chertavian, who founded Year Up in 2000 and has since served as its CEO, will transition to a Senior Advisor role for an initial term of one year, and remain on the National Board.

Key Points: 
  • It is a "tremendous privilege" to support young people at such a pivotal point in their lives, said McClain.
  • "At this stage, Year Up needs a CEO with deep operating experience to move from vision to execution at scale.
  • Our thorough assessment and interview process recognized Ellen's proven track record as a leader, and confirmed that she is the optimal choice for CEO."
  • McClain joined Year Up in 2015 as Chief Financial Officer (CFO) and served as Chief Operating Officer (COO) from 2021 to 2022, when she became Year Up's President.

CesiumAstro, SES, and Hughes Team Up to Demonstrate a Scalable Ka-Band Active Phased Array SATCOM Terminal

Retrieved on: 
Thursday, October 5, 2023
Technology, Mobile, Wireless, Automotive Manufacturing, Aerospace, Manufacturing, Air, Defense, Transport, Telecommunications, Other Defense, Internet, Hardware, Government Technology, Satellite, Multimedia, U.S. Department of Defense Strategy for Operating in Cyberspace, Intelligence, Plant propagation, SATCOM, PACE, ISR, Communication, UAS, SES, GEO, News, Airbus, Ka, Communications satellite, Hughes

This news is a key milestone on CesiumAstro’s roadmap to flight-qualify its Ka-band SATCOM terminal on commercial and defense platforms.

Key Points: 
  • This news is a key milestone on CesiumAstro’s roadmap to flight-qualify its Ka-band SATCOM terminal on commercial and defense platforms.
  • CesiumAstro’s SATCOM terminal seamlessly connected with SES’s satellite on both stationary and mobile platforms, demonstrating transmit and receive link closure to the satellite, and to a Hughes ground station in Woodbine, Maryland.
  • “We appreciate SES and Hughes for their support on this OTA demonstration,” said Shey Sabripour, founder and CEO of CesiumAstro.
  • The company is on schedule to deliver hardware for this demonstration in Q3 2023.

PACE Aerospace and Nexteon Technologies to Provide FPO-SR Real-Time Optimization for JetBlue Fleets

Retrieved on: 
Monday, October 9, 2023
Partnership, Altitude, Flight operations quality assurance, PACE, JBLU, Airport Collaborative Decision Making, Original equipment manufacturer, Aircraft, Weather, FPO, MI, TXT, A320, JetBlue, Aviation, STAR, Information technology, CDM, Navigation, Airline, Surveillance

AMBLER, Pa. and BERLIN , Oct. 9, 2023 /PRNewswire-PRWeb/ -- PACE Aerospace and Information Technology GmbH (PACE), a subsidiary of TXT e-Solutions Spa (STAR:TXT:MI), and Nexteon Technologies, Inc. (Nexteon) have been selected by JetBlue (Nasdaq:JBLU) to deploy their flight optimization solution — Flight Profile Optimizer with SmartRoutes (FPO-SR) — directly to the pilots on its entire fleet of aircraft, including the A320 family, A220 and E190 aircraft over the coming weeks and months.

Key Points: 
  • FPO-SR combines PACE's established Flight Profile Optimizer (FPO) with Nexteon's innovative SmartRoutes to provide 4D real-time flight optimization and situational awareness enhancement.
  • FPO-SR enables JetBlue pilots to optimize their route, altitude, and speed to save fuel and cost, and provide environmental benefits.
  • FPO-SR's continuous holistic optimization enables JetBlue to benefit from fuel burn savings and reduction in the environmental impact of the emissions.
  • "Our trials have shown that real-time inflight 4D optimization will allow JetBlue to further optimize our fleet and reduce our environmental footprint" he added.

Occidental and ADNOC to commence preliminary engineering study of a Direct Air Capture facility in the UAE

Retrieved on: 
Tuesday, October 3, 2023
Carbon, Partnership, Carbon Engineering, All Nippon Airways, Carbon dioxide, ADNOC, DAC, Stratos, NYSE, Amazon, CDR, Investment, MOU, International Growth Centre, Oxy, CCS, PACE, CO2, United Arab Emirates, Renewable energy, Seaweed, Occidental

HOUSTON, Oct. 03, 2023 (GLOBE NEWSWIRE) -- Occidental (NYSE: OXY) today announced that its subsidiary 1PointFive and ADNOC signed an agreement to commence a jointly funded preliminary engineering study for a 1 million tonne-per-year Direct Air Capture (DAC) facility in the United Arab Emirates.

Key Points: 
  • HOUSTON, Oct. 03, 2023 (GLOBE NEWSWIRE) -- Occidental (NYSE: OXY) today announced that its subsidiary 1PointFive and ADNOC signed an agreement to commence a jointly funded preliminary engineering study for a 1 million tonne-per-year Direct Air Capture (DAC) facility in the United Arab Emirates.
  • 1PointFive is marketing carbon dioxide removal (CDR) credits to assist hard-to-abate industries and other companies achieve their net-zero targets.
  • ADNOC is in the testing phase of the world’s first fully sequestered CO2 injection well in a carbonate saline aquifer in Abu Dhabi.
  • “This agreement demonstrates how Oxy and ADNOC are committed to advancing direct air capture technology in the UAE and underscores the necessary urgency needed to deliver global-scale climate solutions,” said Vicki Hollub, Occidental President and CEO.

InnovAge Names Darlene Flaig as New Chief Nursing Officer

Retrieved on: 
Monday, October 2, 2023
Executive master's degree, Interim, University, Senior, CNO, Buffalo buffalo Buffalo buffalo buffalo buffalo Buffalo buffalo, Buffalo, BSN, DNP, Doctorate, Rush University, Patient, Reading, Growth, PACE, Nursing

DENVER, Oct. 02, 2023 (GLOBE NEWSWIRE) -- InnovAge Holding Corp. (“InnovAge”) (Nasdaq: INNV), an industry leader in providing comprehensive healthcare programs to dual-eligible seniors through the Program of All-inclusive Care for the Elderly (PACE), names Darlene Flaig its Chief Nursing Officer (CNO), effective October 2.

Key Points: 
  • DENVER, Oct. 02, 2023 (GLOBE NEWSWIRE) -- InnovAge Holding Corp. (“InnovAge”) (Nasdaq: INNV), an industry leader in providing comprehensive healthcare programs to dual-eligible seniors through the Program of All-inclusive Care for the Elderly (PACE), names Darlene Flaig its Chief Nursing Officer (CNO), effective October 2.
  • She will report to InnovAge’s Chief Medical Officer, Dr. Richard Feifer.
  • “I’m thrilled to be joining the InnovAge team,” says Darlene.
  • She is based in Holland, NY with her husband and enjoys traveling, reading, and sharing experiences with her two grandchildren.