COLA

Avalon’s Laboratory Services MSO Announces Expansion into Arizona

Retrieved on: 
Monday, August 21, 2023
Member of Congress, Barry Goldwater, Genetics, Politics, COVID-19, General Revenue Corporation, Second Continental Congress, National Health Laboratory Service, Congress, LSM, Toxicology, Republican, Genetic testing, MSO, COLA, Family, Pharmaceutical industry, Veritas

FREEHOLD, N.J., Aug. 21, 2023 (GLOBE NEWSWIRE) -- Avalon GloboCare Corp. (“Avalon” or the “Company”) (NASDAQ: ALBT), a developer of innovative precision diagnostics and provider of clinical laboratory services, today announced Laboratory Services MSO, LLC (“LSM”) is opening a new laboratory, Veritas Laboratories LLC (“Veritas”), in Scottsdale, Arizona. Avalon owns a 40% interest in LSM. Veritas is a CLIA-certified and COLA-accredited laboratory that offers a wide range of high-quality testing, including drug testing, genetic testing, urinary testing and COVID-19 PCR testing.

Key Points: 
  • New Wholly Owned Lab “Veritas Laboratory” of Arizona, Anticipated to Generate Revenue in 2023
    Engages Former Congressman Barry M. Goldwater Jr. To Expand Insurance Coverage and Grow Lab Footprint
    FREEHOLD, N.J., Aug. 21, 2023 (GLOBE NEWSWIRE) -- Avalon GloboCare Corp. (“Avalon” or the “Company”) (NASDAQ: ALBT), a developer of innovative precision diagnostics and provider of clinical laboratory services, today announced Laboratory Services MSO, LLC (“LSM”) is opening a new laboratory, Veritas Laboratories LLC (“Veritas”), in Scottsdale, Arizona.
  • Veritas is a CLIA-certified and COLA-accredited laboratory that offers a wide range of high-quality testing, including drug testing, genetic testing, urinary testing and COVID-19 PCR testing.
  • Additionally, LSM has engaged former Congressman Barry M. Goldwater to expand coverage with in-network providers and grow laboratory footprint in Arizona.
  • Congressman Barry M. Goldwater, Jr. stated, “We welcome LSM to Arizona as they open a new facility in Scottsdale.

Advanced Space Selected for Two NASA SBIR Phase I Awards

Retrieved on: 
Thursday, August 3, 2023
CALM, Partnership, SDA, Mission, SBIR, CARA, Lunar Gateway, Moon, Spacecraft, ML, Satellite collision, Small Business Innovation Research, Flight dynamics, NASA, Machine learning, Concept, Anomaly, Artemis, NNS, Risk assessment, Recurrence, COLA, SCRAM, Transport, Risk management, Communications satellite

Westminster, Colorado, Aug. 03, 2023 (GLOBE NEWSWIRE) -- Advanced Space LLC., a leading space tech solutions company, is pleased to announce that NASA has selected two of our new Phase I concepts under the Small Business Innovation Research (SBIR) program.

Key Points: 
  • Westminster, Colorado, Aug. 03, 2023 (GLOBE NEWSWIRE) -- Advanced Space LLC., a leading space tech solutions company, is pleased to announce that NASA has selected two of our new Phase I concepts under the Small Business Innovation Research (SBIR) program.
  • Being awarded these NASA SBIRs is tremendous,” said Advanced Space Proposal Manager Sean Hoenig.
  • This proven model has allowed us to demonstrate novel approaches to challenges and to enable future space exploration and development, exclaimed Dr. Jeffrey Parker, Advanced Space Chief Technology Officer.
  • These will continue our efforts to develop technologies that enable future exploration, development, and settlement of space.”

Avalon’s Laboratory Services MSO Acquires Texas Lab with Significant Potential Growth

Retrieved on: 
Monday, July 24, 2023
COVID-19, National Health Laboratory Service, LSM, Acquisition, Laboratory, Genetic testing, MSO, COLA, Pharmaceutical industry, Fine chemical

FREEHOLD, N.J., July 24, 2023 (GLOBE NEWSWIRE) -- Avalon GloboCare Corp. (“Avalon” or the “Company”) (NASDAQ: ALBT), a developer of innovative precision diagnostics and provider of clinical laboratory services, today announced Laboratory Services MSO, LLC (“LSM”), has acquired DE Laboratory LLC (“DE Labs”), which expands its penetration within Texas and provides significant potential growth opportunities for the combined company.

Key Points: 
  • FREEHOLD, N.J., July 24, 2023 (GLOBE NEWSWIRE) -- Avalon GloboCare Corp. (“Avalon” or the “Company”) (NASDAQ: ALBT), a developer of innovative precision diagnostics and provider of clinical laboratory services, today announced Laboratory Services MSO, LLC (“LSM”), has acquired DE Laboratory LLC (“DE Labs”), which expands its penetration within Texas and provides significant potential growth opportunities for the combined company.
  • LSM is now operating this laboratory as a fully owned subsidiary and has invested growth capital for geographical expansion into the surrounding counties.
  • “Our strategy is to take advantage of a unique roll-up opportunity within the highly fragmented market for laboratory testing and services.
  • By leveraging LSM’s experience and infrastructure, we expect to achieve significant synergies with respect to revenue growth and market share.”

Introducing Barrel Global™: New Service Puts Barrel Ownership In The Hands Of Consumers

Retrieved on: 
Monday, June 5, 2023
Appetite, Bourbon, American whiskey, Collection, Scotch whisky, Ageing, Tennessee whiskey, COLA, News, Social media, Liquor

GRINNELL, Iowa, June 5, 2023 /PRNewswire-PRWeb/ -- Today, US-based Barrel Global announces the launch of its new barrel ownership service offering consumers a piece of the action. With the appetite for American Whiskey on the rise – and private barrels driving enormous gains for distilleries – Barrel Global seeks out smaller, start-up bourbon brands to give connoisseurs, collectors, and average consumers a personal stake in barrel ownership. With an initial focus in the US and Asia, Barrel Global allows bourbon enthusiasts with a bit of patience to purchase a younger spirit at a lower price point, oversee its maturation and bottle design, and then bring it to market or resell the barrel.

Key Points: 
  • Founded by Whiskey Expert & Entrepreneur George Koutsakis, Barrel Global Taps into Explosive Growth of American Whiskey
    GRINNELL, Iowa, June 5, 2023 /PRNewswire-PRWeb/ -- Today, US-based Barrel Global announces the launch of its new barrel ownership service offering consumers a piece of the action.
  • Like other private barrel programs, consumers may request samples from various barrels and distilleries to truly personalize their selection.
  • Additionally, at any point of barrel ownership, the customer may resell the barrel to another interested party.
  • Follow Barrel Global on social media to keep up with the latest news and announcements: Instagram: @barrelglobal | Facebook: @barrelglobal

MCI DIAGNOSTIC CENTER CEO, COLLEEN PAYNE-NABORS, ANNOUNCES MAJOR WORKFORCE AND FACILITY EXPANSION

Retrieved on: 
Wednesday, April 26, 2023
Bacteriology, Biochemistry, CAP, Pathology, Multimedia, MCI, Accounting, IHC, CLIA, Flow cytometry, Patient, Hematology, HR, Endocrinology, Small business, Government, Health in the Federated States of Micronesia, COLA, Hospital, DALLAS, Immunochemistry, Parasitology, Veteran, Virology, Mycology, Chemistry

DALLAS, April 21, 2023 /PRNewswire/ -- Providing clinical laboratory testing services and solutions to Federal, State, and Local Government entities and their partners that will ensure that stakeholders are receiving the best health care and products for their patients., MCI Diagnostic Center is expanding its National Clinical Diagnostic Laboratory space to an additional 75,000 sq ft. to  better  accommodate  the stakeholders' needs

Key Points: 
  • "We want to be strategically positioned internally and externally to accommodate the needs of government agencies by managing and operating projects with the skills, capabilities, and manpower we possess.
  • We are excited to expand and look forward to creating many new jobs and servicing thousands of Veterans and other government officials and personnel."
  • MCI Diagnostic Center is a Service-Disabled Veteran-Women-Owned business, certified and accredited by CLIA, CAP, and COLA.
  • In addition, MCI provides full-service laboratory testing currently in all 50 states, including Puerto Rico.

HOOPP maintains strong funded status in challenging year: Improves benefits and keeps contribution levels unchanged

Retrieved on: 
Friday, March 17, 2023
Pension, LDI, Plan, Health, COLA, Greater, CPI, Liability-driven investment strategy, Life insurance, Cryptocurrency, Pension fund

TORONTO, March 17, 2023 (GLOBE NEWSWIRE) -- Despite a very challenging year for the markets, HOOPP maintained a strong funded status of 117%.

Key Points: 
  • TORONTO, March 17, 2023 (GLOBE NEWSWIRE) -- Despite a very challenging year for the markets, HOOPP maintained a strong funded status of 117%.
  • HOOPP was not immune to this challenging combination of factors, posting an annual return of -8.60% and closing out the year with net assets of $103.7 billion.
  • This approach, which aligns the Plan’s assets with its pension liabilities, has enabled HOOPP to consistently maintain a strong funded status.
  • Funded status as of Dec. 31, 2022 is 117%, which means that for every dollar HOOPP owes in pensions, it has $1.17 in assets.

Public Pension Funding Ratios Increased in 2022, NCPERS Study Finds

Retrieved on: 
Tuesday, February 7, 2023
Labor, Legal, Finance, Consulting, Public Policy, Government, Banking, Accounting, Asset Management, Professional Services, Environmental, Social and Governance (ESG), Fintech, Socially Responsible Investing, White House, Federal Government, State, Local, Oregon Public Employees Retirement System, Business, Pension, Retirement, ESG, COLA, Environment, COVID-19, Conference, Counsel, Face, National Conference, Workforce, Pension fund, Life insurance

Public pension funds’ average funding ratio increased to 77.8% in 2022, with the majority of pensions’ revenue (68%) coming from investment returns, according to an annual study by the National Conference on Public Employee Retirement Systems (NCPERS).

Key Points: 
  • Public pension funds’ average funding ratio increased to 77.8% in 2022, with the majority of pensions’ revenue (68%) coming from investment returns, according to an annual study by the National Conference on Public Employee Retirement Systems (NCPERS).
  • Now in its 12th year, NCPERS 2023 Public Retirement Systems Study: Trends in Fiscal, Operational, and Business Practices provides a benchmark for public retirement systems while tracking funds’ fiscal conditions.
  • A record 195 state and local government pension funds responded to the survey, which was conducted in the fall.
  • Public pension funds saw, on average, one-year returns of around 11.4%.

Report Finds K-12 Pension Debt Costs Threaten Education Equity in Ohio

Retrieved on: 
Wednesday, February 1, 2023
Equity, Music, Retirement, STRS, Effect, Education, Research, Pension, School, Student, Economic Opportunity Institute, Opportunity, Member, COLA, Higher Education Funding Council for Wales, Tutoring

NEW YORK, Feb. 1, 2023 /PRNewswire/ -- Equable Institute and Opportunity Institute have released new research exploring the effect of teacher pension debt on education resource equity in Ohio.

Key Points: 
  • NEW YORK, Feb. 1, 2023 /PRNewswire/ -- Equable Institute and Opportunity Institute have released new research exploring the effect of teacher pension debt on education resource equity in Ohio.
  • The report, titled Pension Debt Challenges for Equity in Education: The Effect of Teacher Unfunded Liability Costs on K–12 Education Funding in Ohio , found that growing unfunded pension liabilities for teachers and other school employees have silently undermined Ohio' ability to improve education outcomes for students and inequitable impacts on teachers through growing costs and funding policies that disadvantage low-income communities.
  • An increasing share of state and local K–12 education spending has been siphoned off to cover pension costs.
  • This report is one of four reports detailing the impact of unique pension debt challenges facing state education budgets across the U.S.

New Research Finds Pension Plans Alone Often Don't Provide Retirement Income Adequacy for State and Local Government Employees

Retrieved on: 
Thursday, December 8, 2022
Social Security, Retirement, DB, Private sector, National Institute on Retirement Security, Research, Female, The Real Deal, Public, Woman, Public sector, COLA, Multimedia, DC, Local government, NIRS, Male, Pension fund, Health insurance, Financial adviser, Social

WASHINGTON, Dec. 8, 2022 /PRNewswire/ -- A first-of-a-kind analysis finds that retirement is growing more challenging for public sector workers. State and local employees in a typical public defined benefit (DB) pension plan need to save about four to six percent of their salary on their own to ensure adequate retirement income. The report also finds that defined contribution (DC) plans provide less retirement income than DB plans in a typical cost-equivalent conversion for career employees.

Key Points: 
  • The report also finds that defined contribution (DC) plans provide less retirement income than DB plans in a typical cost-equivalent conversion for career employees.
  • These findings are detailed in a new study released today by the National Institute on Retirement Security ( NIRS ) and Aon ,The Real Deal for the Public Sector: Retirement Income Adequacy Among U.S. Public Sector Employees.
  • The report's key findings regarding retirement income adequacy are as follows:
    A "retirement number" is elusive because key factors are individual-based.
  • The following are the key findings regarding retirement plan design:
    DC plans provide less retirement income than DB plans in a typical "cost-equivalent" conversion for career public employees.

Finalists Announced for 2022 California on Location Awards

Retrieved on: 
Monday, November 21, 2022
Dorado, COLA, Hold My Hand, Colas, Public, White, California Film Commission, Friends, Public Employees Federation, Location, Recreation, Teamsters Local 1932, Park, Society, Gold, Golden Oak Ranch, Bakersfield Department of Recreation and Parks, International Brotherhood of Teamsters, Television, Shivers, Golden State, Film, Furniture

LOS ANGELES, Nov. 21, 2022 /PRNewswire/ -- Film Liaisons in California Statewide (FLICS) is pleased to announce finalists for the 27th Annual California on Location Awards (COLAs), which will be presented on December 4th at the Hilton Los Angeles/Universal City. The COLAs recognize location managers, public employees, and other professionals who help facilitate on-location filming across the Golden State.

Key Points: 
  • LOS ANGELES, Nov. 21, 2022 /PRNewswire/ -- Film Liaisons in California Statewide (FLICS) is pleased to announce finalists for the 27th Annual California on Location Awards (COLAs), which will be presented on December 4th at the Hilton Los Angeles/Universal City.
  • The COLAs recognize location managers, public employees, and other professionals who help facilitate on-location filming across the Golden State.
  • Produced by the Film Liaisons in California Statewide (FLICS), the COLAs have grown to become the largest awards program and industry event focused on recognizing the work of California location professionals.
  • Presenting Sponsors for the 2022 California on Location Awards are the Antelope Valley Film Office & Lancaster Film Office, Board Brothers Location Services, Golden Oak Ranch and Teamsters Local 399.