Economic security

Acadia Healthcare Reports Fourth Quarter 2023 Results

Retrieved on: 
Tuesday, February 27, 2024
Mental Health, Health, Hospitals, Practice Management, Other Health, Managed Care, Joint Ventures, Acquisition, Hospital, IOP, Intermountain Health, Investment, PHP, Growth, Coronavirus, Credit, Bed, Economy, Adjustment, PRF, Death, Patient, Economic security, Chinese, Intensive outpatient program, Partnership, Pharmaceutical industry

Acadia Healthcare Company, Inc. (“Acadia” or the “Company”) (NASDAQ: ACHC) today announced financial results for the fourth quarter and year ended December 31, 2023.

Key Points: 
  • Acadia Healthcare Company, Inc. (“Acadia” or the “Company”) (NASDAQ: ACHC) today announced financial results for the fourth quarter and year ended December 31, 2023.
  • Chris Hunter, Chief Executive Officer of Acadia, remarked, “Our fourth quarter performance capped off another outstanding year for Acadia.
  • During the fourth quarter of 2023 and into the first quarter of 2024, the Company continued to make progress in meeting its strategic growth objectives with the following accomplishments across its five defined growth pathways:
    Facility Expansions – Added 98 beds to existing facilities in the fourth quarter, for a total of 302 new beds added in 2023.
  • Extend Continuum of Care – Expanded treatment options by adding 13 outpatient programs during the fourth quarter, bringing Acadia’s total to 39 outpatient programs added during 2023.

Pediatrix Medical Group Reports Fourth Quarter Results

Retrieved on: 
Tuesday, February 20, 2024
Health, Consumer, Hospitals, Women, Baby, Maternity, General Health, Acquisition, Depreciation, Webcast, Coronavirus, Debt-to-GDP ratio, Adjustment, Economy, GAAP, Tax, Public expenditure, Economic security, EPS

For the fourth quarter of 2023, transformational and restructuring related expenses totaled $2.2 million, compared to $19.6 million for the fourth quarter of 2022.

Key Points: 
  • For the fourth quarter of 2023, transformational and restructuring related expenses totaled $2.2 million, compared to $19.6 million for the fourth quarter of 2022.
  • Depreciation and amortization expense of $9.1 million for the fourth quarter of 2023 was unchanged compared to the fourth quarter of 2022.
  • For the fourth quarter of 2023, Pediatrix reported Adjusted EPS from continuing operations of $0.32, compared to $0.47 for the fourth quarter of 2022.
  • For the fourth quarter of 2023, Pediatrix generated cash from continuing operations of $72.1 million, compared to $102.3 million for the fourth quarter of 2022.

Netsmart Supports Whole-Person Care Provisions in 42 CFR Part 2 Final Rule

Retrieved on: 
Tuesday, February 20, 2024
Software, Practice Management, Telemedicine, Virtual Medicine, Managed Care, Health, Mental Health, Health Technology, Technology, Diabetes, SAMHSA, Senior, Roger Hawkins (drummer), Person, Record, Confidentiality, Part, Coronavirus, Substance Abuse, Partnership, Mental, CFR, Substance use disorder, Economy, HHS, HITECH, HIPAA, History, Health information technology, Part Two, OCR, Patient, Economic security, Privacy, Civil and political rights, DSM-IV codes, Accountability Act, Cancer, Medical device

Strengthens penalties by applying the same requirements of the HIPAA Breach Notification Rule to breaches of records under Part 2.

Key Points: 
  • Strengthens penalties by applying the same requirements of the HIPAA Breach Notification Rule to breaches of records under Part 2.
  • As a founding member of The Partnership to Amend 42 CFR Part 2 , Scalia stated the long-awaited Final Rule is another step forward for coordinated, whole-person care for individuals nationwide.
  • These major changes to 42 CFR Part 2 will take effect on February 16, 2026.
  • To learn more about these regulation changes, read the 42 CFR Part 2 Final Rule Fact Sheet and register for the upcoming Netsmart webinar on Thursday, March 28 at 1 p.m.

Acadia Healthcare Reports Third Quarter 2023 Results and Updates Guidance Ranges to Reflect Continued Strong Business Growth and Momentum

Retrieved on: 
Thursday, November 2, 2023
Practice Management, Nursing, Managed Care, Health, Mental Health, Infectious Diseases, Hospitals, Other Health, Joint Ventures, PHP, Insurance, Opioid use disorder, Coronavirus, Intensive outpatient program, Economic security, IOP, Mental health, Form, Chinese, PRF, Economy of Salt Lake City, Growth, ECU Health, Salt Lake City, Hospital, Hand, Overalls, Investment, Economy, Patient, Bed, Pharmaceutical industry

Acadia Healthcare Company, Inc. (“Acadia”) (NASDAQ: ACHC) today announced financial results for the third quarter ended September 30, 2023.

Key Points: 
  • Acadia Healthcare Company, Inc. (“Acadia”) (NASDAQ: ACHC) today announced financial results for the third quarter ended September 30, 2023.
  • Chris Hunter, Chief Executive Officer of Acadia, remarked, “Our results for the third quarter reflect our continued execution on our growth strategy as well as strong operational execution across all four of our business lines.
  • “We produced strong financial results with impressive top line growth and favorable volume trends compared with the third quarter of 2022.
  • We expect the strategic technology investments we have made will further enhance our performance, drive efficiencies, and support strong clinical outcomes.

Advantage Accounting & Tax Applauds Move By IRS to Temporarily Halt ERC Claims

Retrieved on: 
Tuesday, October 10, 2023
Small Business, Accounting, Professional Services, Economic security, COVID-19, Anxiety, Coronavirus, Safety, Small business, IRS, Trust, Documentation, News, Uncertainty, ERC, Economy, CPA, Insurance, Online shopping, Life insurance

Advantage Accounting & Tax , a leading accounting firm specializing in Employee Retention Credit (ERC) claims, commends the recent decision by the IRS to temporarily halt the acceptance of new ERC applications .

Key Points: 
  • Advantage Accounting & Tax , a leading accounting firm specializing in Employee Retention Credit (ERC) claims, commends the recent decision by the IRS to temporarily halt the acceptance of new ERC applications .
  • This move, announced by the IRS last month (Sept. 14), aims to address growing concerns regarding fraudulent claims within the ERC program.
  • The IRS's decision was driven by a need to curb fraudulent activities related to the ERC program.
  • The IRS has emphasized the importance of working with trusted tax professionals to ensure that legitimate businesses receive the ERC funds they deserve.

Kentucky First Federal Bancorp Releases Earnings

Retrieved on: 
Wednesday, September 6, 2023
Treasury, Asset–liability mismatch, FHLB, First Federal Savings and Loan Association Building, Risk, Economy, Tax, Coronavirus, Securities and Exchange Commission (Nigeria), Sale, Federal Home Loan Banks, KFFB, History of Federal Open Market Committee actions, Security (finance), Economic security, Federal Open Market Committee, Life insurance, Bank

Net earnings for the quarter ended June 30, 2023 totaled $42,000 or $0.00 basic and diluted earnings per share compared to net earnings of $206,000 or $0.02 per common share for the quarter ended June 30, 2022.

Key Points: 
  • Net earnings for the quarter ended June 30, 2023 totaled $42,000 or $0.00 basic and diluted earnings per share compared to net earnings of $206,000 or $0.02 per common share for the quarter ended June 30, 2022.
  • Kentucky First Federal Bancorp is the parent company of First Federal Savings and Loan Association of Hazard, which operates one banking office in Hazard, Kentucky and First Federal Savings Bank of Kentucky, which operates three banking offices in Frankfort, Kentucky, two banking offices in Danville, Kentucky and one banking office in Lancaster, Kentucky.
  • Kentucky First Federal Bancorp shares are traded on the Nasdaq National Market under the symbol KFFB.
  • At June 30, 2023, the Company had approximately 8,086,715 shares outstanding of which approximately 58.5% was held by First Federal MHC.

2023 ERTC Tax Credit Application FAQs & Deadline Report Released By ERCframe.com

Retrieved on: 
Saturday, August 26, 2023
ERC, IRS, Infrastructure Investment and Jobs Act, Economy, Paycheck Protection Program, Coronavirus, IIJA, Interest, PPP, CPA, Economic security, Insurance, Health insurance

More details are available at: https://ercframe.com/blog/2023-ERTC---Employee-Retention-Tax-Credit-Upda...

Key Points: 
  • Ljubljana, Slovenia--(Newsfile Corp. - August 26, 2023) - ERCframe.com announces the publication of a report on applying for the Employee Retention Credit (ERC/ERTC) in 2023.
  • The report offers essential information about the credit for 2023, access to an eligibility calculator, and advice on choosing a CPA to facilitate the application process.
  • The report aims to alert potential claimants that there is still time to apply in 2023, but ERCframe.com encourages them to apply as soon as possible.
  • More details are available at: https://ercframe.com/blog/2023-ERTC---Employee-Retention-Tax-Credit-Upda...
    2023 ERTC Tax Credit Application: FAQs & Deadline Report Released By ERCframe.com
    To view an enhanced version of this graphic, please visit:
    The new article comes in response to recent updates to the ERC allowing employers who received Paycheck Protection Program (PPP) loans to claim the credit for qualified wages in obtaining PPP loan forgiveness.

Baicells Partners with Tohono O'odham Utility Authority to Deliver High-Speed LTE Connectivity to Residents

Retrieved on: 
Thursday, August 24, 2023
Hertz, Digital divide, Partnership, NTIA, Atmosphere, Manx Utilities Authority, Economy, Electricity, Coronavirus, Economics, Data-rate units, Internet access, Water, CBRS, NTTA, Economic security, Family, Conference, LTE, CPE, Mobile phone, Tohono Oʼodham Nation

PLANO, Texas, Aug. 24, 2023 /PRNewswire/ -- Baicells Technologies, a leading provider of LTE and 5G cellular solutions, has partnered with the Tohono O'odham Utility Authority (TOUA) to bring access to advanced broadband connectivity and new opportunity for tribal residents.

Key Points: 
  • PLANO, Texas, Aug. 24, 2023 /PRNewswire/ -- Baicells Technologies , a leading provider of LTE and 5G cellular solutions, has partnered with the Tohono O'odham Utility Authority (TOUA) to bring access to advanced broadband connectivity and new opportunity for tribal residents.
  • This funding led to the build out of an advanced LTE network across their tribal lands using wireless network infrastructure, CPE, and support from Baicells.
  • The Baicells LTE radios are installed on towers, ensuring that residents are covered and can get connected.
  • According to Kristan Johnson, the operations manager for the Tohono O'odham Utility Authority who planned, deployed, and operate the network.

Bottom Line Concepts ERC Review (2023) Published by Better Business Advice

Retrieved on: 
Thursday, August 10, 2023
Professional Services, Business, Small Business, Human Resources, Finance, Consulting, Accounting, Fortune 1000, Partnership, ERC, IRS, Better Business Bureau, Economy, COVID-19, Coronavirus, Luigi, Documentation, Buffalo–Niagara Falls metropolitan area, Bottom line, Economic security, Video game, Insurance, Online shopping, Lendio

Better Business Advice, a leading resource for business insights and recommendations, has published their comprehensive review of Bottom Line Concepts ERC (Employee Retention Credit) service .

Key Points: 
  • Better Business Advice, a leading resource for business insights and recommendations, has published their comprehensive review of Bottom Line Concepts ERC (Employee Retention Credit) service .
  • The review offers a detailed examination of how Bottom Line Concepts aids employers in maximizing benefits from the ERC program, simplifying a complex process.
  • As America's leader in Employee Retention Credits, Bottom Line Concepts has earned the trust of 30% of Fortune 1000 companies.
  • Bottom Line Concepts ERC service streamlines the process, starting from eligibility verification to comprehensive documentation and submission to the IRS.

Acadia Healthcare Reports Second Quarter 2023 Results and Raises 2023 Guidance

Retrieved on: 
Thursday, July 27, 2023
Nursing, Mental Health, Health, Infectious Diseases, Hospitals, Other Health, Managed Care, Joint Ventures, Economy of Salt Lake City, IOP, Partnership, Depression, Stony Point Center, Hospital, Nebraska Methodist Health System, Bed, Anxiety, Economy, Opioid use disorder, Coronavirus, Intensive outpatient program, Betty Ford Center, Kaiser Foundation, PHP, United States Census Bureau, Partial, Patient, Growth, Economic security, Mental health, Cryptocurrency, Pharmaceutical industry, Management

Acadia Healthcare Company, Inc. (“Acadia”) (NASDAQ: ACHC) today announced financial results for the second quarter ended June 30, 2023.

Key Points: 
  • Acadia Healthcare Company, Inc. (“Acadia”) (NASDAQ: ACHC) today announced financial results for the second quarter ended June 30, 2023.
  • Chris Hunter, Chief Executive Officer of Acadia, remarked, “Acadia delivered strong financial and operating results for the second quarter of 2023, as we continued to see robust demand across all business lines.
  • We continue to see stability with sequential improvement in our labor trends for the second quarter of 2023 that we expect will continue to improve into the second half of the year.
  • “Our results to date and continued momentum in our business led us to increase our financial guidance for the full year.