San Antonio approves CPS Energy

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City Council approved funding forCPS Energy’s STEP (Savr for Tomorrow Energy Plan). “STEP is our aggressive energy-efficiency and conservatiomn initiative that seeks to reduce growth in electricao demand by 771 megawatts by saysSteve Bartley, CPS Energy’s interim general manager. “That’s the equivalenft of a large power plant. The essence of STEP is to invesyt some money in energy efficiency now and save customerse more money in thelong run.” This represents one of the largesg energy-efficiency efforts ever undertaken by a majorr city, Bartley says.
Residential customers will be able to take advantagwe of rebatesfor attic, ceiling and wall cool roofs; and Energy Star Commercial customers will be able to apply for rebatesw on heating, ventilating and air conditioninvg equipment; high-efficiency lighting; and roof and windoa replacements. To pay for this customers will see an increase in the fuel adjustment charge on customers’ monthly CPS Energh bills. Monthly bills should increase 3 centesin 2009, 38 cents in 2010 and 95 centd in 2011, respectively.
CPS Energy is owned by the City ofSan

Fred

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The Memphis-based discount retailer reportedf net incomeof $8.6 million, or 21 cents per dilutedr share, for first quarter 2009, up 17.8 percent compared to net incomr of $7.3 million, or 18 cents per diluter share in first quarter 2008. The company had totalp first quarter salesof $458.4 million, down 1.3 percent comparerd to $464.3 million for first quarter 2008. In 2008, Fred’ds (NASDAQ: FRED) closed 74 underperformin g stores and 23 underperforming Excluding stores closedlast year, the compan increased total sales 5 percent in the first quarter compares to the same year-ago period. On a comparable store basis, year-to-date saless increased 2.8% compared with 2.
1% in the same period last Fred’s CEO Bruce A. Efirdx said he expected to see more improvement in theseconr quarter. “This will be a formidablee task as we will be contending with the economic stimuluse checks consumers received last year and record unemployment he said ina statement. "We also plan to launchh our enhanced store prototype in approximately 16 new and remodeled stores during theseconcd quarter." During the first quarter, Fred's opened three new stores and threse new pharmacies, while closingg three pharmacies.
Fred’s board of directors also increasesdthe company’s quarter cash dividend to 3 cents per shares from the prior rate of 2 centsd per share. The dividend is payables on June 15 to shareholders of recorr as ofJune 1. Fred's operate s 666 discount generalmerchandise stores, including 24 franchisecd stores. Shares of Fred’s were trading lowerd in late Thursday trading, down about 5 percenyt to $13.14 per share.

To find the needles, reduce the haystack - Los Angeles Times

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Los Angeles Times

To find the needles, reduce the haystack Los Angeles Times In haystack searches, the first crucial step is to reduce the size of the haystack, so that we are searching all the hay that might contain needles without ... and more »

Blackberry confident India's concerns will be resolved - Hindustan Times

http://studenica.org/news/10decembar2008.html

Reuters

Blackberry confident India's concerns will be resolved Hindustan Times ... in Motion (RIM) Friday said that it is confident that the security concerns of the Indian government will be resolved to their mutual satisfaction. ... RIM says confident of resolving India concerns Reuters RIM certain it can avoid India BlackBerry ban Electronista RIM denies agreement to hand BES access to India ZDNet UK (blog)  »

Death toll from Vietnam's fresh floods rises to 19 - Washington Post

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Death toll from Vietnam's fresh floods rises to 19 Washington Post The agency said the floods have begun receding after submerging nearly 30000 homes and damaged 35000 acres (14000 hectares) of rice paddies and other crops. ... and more »

Metro looks to keep guns out of bars - Nashville Business Journal:

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The controversial bill, vetoed by Gov. Phil Bredesenm and decried by some law enforcement and many was effectively made law when both the Tennessee Housde of Representatives and Senate overrode the vetothis week. Now, several councilk members want to use a local ordinance to circumvent thestate law. They are pushinhg to add a restriction to beerpermitzs — which are issued by Metro that would require some 1,500 bars and restaurants to have a no-gunse policy. When the new law takesa effect, bars and restaurants can try to stop gun holders from enterinv by posting a sign at the door statintthe policy, with violators risking a $500 fine.
But thos who oppose guns say the signs will call even more attentiohn tothe controversy, and could frightenh patrons and tourists, as well as rais questions about their liability for incidents involving Councilman Charlie Tygard says he plans to starr inquiries immediately as to the legality of the county-widse ban.

Region weathers job losses - Philadelphia Business Journal:

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Nationally, initial jobless claimas last week increasedto 573,000, the highest level since 1982.U.S. employers cut 533,000 jobs in according to the U.S. Labor Department’ws Bureau of Labor Statistics, which said the figured is the largest loss of jobs in one monthsincs 602,000 vanished in December 1974. It puts the nation’a unemployment rate at 6.7 In October, the most recentg month for which local figuresare available, the region had an unemploymengt rate of 5.7 percent, 0.8 percentage points below the then-nationalk rate of 6.5 percent, the BLS said.
One measure of job loss in New Jerseyh and Pennsylvania is the number of employees listed in noticese filed under the Worker Adjustment andRetrainingv Notification, or WARN, Act, which requires most employers with 100 or more workere to give workers and local and stat e governments 60 days notice of planned planft closings or mass layoffs. So far this 35 companies in the five-countg Philadelphia area have filed WARN noticescovering 4,21 0 workers with the That compares to 38 companies warningh about 4,480 job cuts by this time last In Burlington, Camden and Gloucested counties, 14 companies have filed notices affectingh 2,540 workers with the New Jersey Department of Labor and Workforcw Development, compared to only eight companies warninyg of 781 job lossez over all of last year.
Companies that have majotr operations in the area have implemented or announced atleasrt 19,500 job cuts, including more than 1,600 in the this year. The vast majorith come from four largepharmaceutical companies, which plan to shed 14,00 jobs. of Berwyn announced just Wednesdah it would layoff 2,500, but didn’t say how many would be local. The cuts also include 900 local jobs byWest Chester-basedf ; 190 jobs by Wayne-based recruiting softwarre company , which didn’t specify and 150 by the National Footbal League, which include a yet-to-be-determined number in Mount Laurel, N.J.
One reasojn the region seems to be farinvg better than the nation as a whole is its strengtbh in the education and healthservices sector. It’es the area’s second largest of 10 sectors, with 18.1 percentg of the employment, according to Select Greater which promotes the regionto businesses. Only two of the five broadf sectors delineated in the nationwider BLS release gained jobs in November education andhealth services, which added and government, which added “I used to say the Philadelphia region suffered from negativw serendipity; if industries would have a problem, it always seemee that it was industries we had.
In this case and in this the exact opposite seemzs to bethe case,” said Joel Naroff, chiefr economist for . In education, the area’s collegee and universities haven’t announced any layoffs, although has implemented a hirinh freeze and the has put in plac esomething that’s quite close to one. Big Pharma, big cuts In healthy care, the pharmaceutical industry has been hit hardestt byjob cuts. Four big pharmaceutical companies with large operations in theregion Wyeth, plc, plc and — this year have announced plans to shed more than 14,000o jobs through layoffs and not filling vacancies over the next few Wyeth of Madison, N.J.
, whicn has the headquarters for its pharmaceutical operationw in Collegeville, said 360 Pennsylvania jobs have been eliminatedd this year. AstraZeneca, which is based in Londobn and hasits U.S. headquarters in Wilmington, said most of its layoffe occurred outside of theUnited States. Merck of Whitehousre Station, N.J., and GSK, which has its U.S. headquarters in Researcb Triangle Park, N.C., wouldn’t say how many loca jobs they are cutting. As city maked cuts, retail shrinks Although the governmentr sector addedjobs nationally, the city of Philadelphiza wasn’t so lucky.
It plan s to lay off 220 employees and eliminate nearly 600unfilledx positions, more than 1,660 seasonal part-time jobs and about 570 contractual, non-city jobs. Government is the fourtb largest sector inthe area, with 13.9 percentt of the region’s jobs. The largest sectort is trade, transportation and utilities, which make up 18.8 percengt of the region’s jobs. It includes wholesalers and the latter of which have cut positionzs inthe area. The biggest retail blow came in Augustwhen ’s Department Store LLC of Reading closed its storeds in the Oxford Valley and Montgomery which employed 135 and 146, Tweeter, the Canton, Mass.
, electronics retaileer that filed for bankruptcy reorganization last liquidated six area stores that employed 96 earlie this month. The professional and business services sector, whichu is the area’s third largesty with 14.9 percent of workers, has fared relatively well so far. Only a small number of the roughly 4,409 lawyers employed by the 25 largest law firms in the region have beenlet go, but law firmds are cutting support staff. laid off 50 legalp secretaries over the summer and 115 support stafd earlierthis month. let go of 25 people, laid off 22 employeex in marketing and related departments and laid off 13support staff.
Financer and manufacturing are tied forthe region’e fifth-largest sector, with 7.9 perceng of the area’s jobs. The financial sector is gettinyclobbered nationally, but the area isn’t beiny hurt as much as othefr places because few of the struggling companies are based The world’s largest insurer, New York-baseds , which received a federal bailouty in September, owns struggling mortgage originator of Plymout Meeting. Wilmington Finance said in June that it wouldx cease wholesale mortgage banking originations and eliminatd 335 jobsby year’s end though it wouldn’t say how many would be local.
announces plans to eliminate 7,000 jobs over the summerf — and that was before the Charlotte, N.C.-bases bank announced its sale toSan Francisco’s Wellws Fargo & Co. Local Wachoviq spokeswoman Barbara Natesaid 5,000 of thosee jobs will come from the bank’w mortgage division. But she said the only local cuts whicgh she is aware of involvse roughly 60 employees from a mortgag e operations center in Bensalemm that will close in the next few New York-based , which now appears unlikelyg to get federal bailout money, said this fall that it will cut a quartere of the work force, about 3,0009 people, at its Minneapolis-based Residential Capital LLC subsidiary.
Locally, ResCap will eliminatwe about 180of 1,7600 positions at its GMAC Mortgage operations and pland to combine its Fort Washington and Horshaj sites in Fort Washington, a company spokeswomam said. ResCap will also eliminate about 90 of 440 positiones inCherry Hill. Local manufacturersd are reporting a drop in shipments andnew orders, especiallu those that make construction-related materials, accordinf to the Philadelphia Federao Reserve’s section of the Beige which was released Dec. 3. Philadelphia-based , being bough t by Midland, Mich.-based Dow Chemical Co., plans to eliminatee 925 jobs, mostly in its North American operations, includingh 50 to 70 in the area.
Transcontinental a Montreal printer, decidefd this month to shut down itsWarminster plant, which employs 460 and produces direct-mail advertisements. Construction slows, not stopped Naturao resources, mining and construction only accountfor 4.4 percent of the area’se workers, which is probably since the construction industry lost 82,009 jobs in November, according to the BLS. In spite of some major construction projects still appear to bemovingy forward.
has said it has the financial backing to break grounx on AmericanCommerce Center, a proposed skyscraper at 18th and Arch once it lands an anchor tenant for the The redevelopment of the Spectrum and area surrounding it at the Soutnh Philadelphia Sports Complex is slated to continued as planned with the razing of the Spectruj next year, and the nearly $800 millionn expansion of the Pennsylvania Conventiobn Center is making headway. Also, , owner of the Majorf League Soccerexpansion franchise, held a groundbreaking ceremony Dec. 1 to mark the starty of construction forits $115 millio stadium in Chester, whic h is expected to be completed by 2010. Theres are also projects in limbo.
has yet to breakj ground on Cira South, as the possible anchor tenant BlackRockGroup — hasn’t committed to relocating an operatio n from Plainsboro, N.J. Also, condominiuj projects, such as Mandeville Placs at 24th and Walnut Penn Treaty Tower along the Delaware Rivef and Parkway 22 off the Benjamin Franklin are on hold or havebeen scuttled. publicly traded residential developers, such as Horsham-basec and Bensalem-based Inc., have let employees go due to slow orderws andcanceled contracts.

Newly unemployed slow to apply for federal COBRA subsidy - Philadelphia Business Journal:

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West Palm Beach-based notified furloughed employeezs by letter as required by change in the Consolidated Omnibus BudgetReconciliation Act. The changeas to COBRA were a mandate of the Americahn Recovery andReinvestment Act, whicu President Barack Obama signed into law on Feb. 17. About 125 South Floridians – out of 1,035 who were notifiedf – enrolled in the program that provides a 65 percenf federal subsidyon premiums, whicuh are fronted by the employed and reimbursed through a tax More applied, but did not qualify because their exit from their former companyt was voluntary, they were laid off priord to Sept.
1, 2008, or they made more mone than the cap federalofficiala set, said Barbara Drames, Oasis’ senior director of benefits. Oasids absorbs the cost for its employer which would otherwise have beenspending $74,00o a month on furloughed COBRz coverage, she said. Drames’ client companies – whicg include law and CPA firms, and thosre that make money fromhospitality – range in size from five employeezs to 3,000 employees. She said the feedback from laid-ofvf employees has been very positive, but theres is a lot of confusion abourwho qualifies. Oasis’ client companies are also pleased.
“Ourd employers are happy because the tax liability is take n onby Oasis,” she said. The new regulationsa require employers with 20 or more employees to cover 65 percent of COBRAz costs fornine months. The provisions in the stimulus legislation affect those who were and will be involuntarily terminaterdbetween Sept. 1, 2008, and Dec. 31, 2009. Thosw eligible include former employeesd andtheir dependents, the latter beingh eligible if they were covered prior to the said Rachel Sapoznik, president and CEO of in Miami. Therer is no subsidy for individuals earning morethan $145,000 a year or jointg filers making more than $290,000.
Ineligibls individuals who receive the subsidy must repay it through income For Sapoznik, the response from the pool of prospectives COBRA recipients has been highe than that of Oasis, but still weaker than most She said about 20 percent of thosee who were deemed eligible have enrolled. She said because those eligible have 60 days from the time they receive the lettersato participate, there may be anothet wave of enrollment.
Those with a cash in higher-paying jobs, are also likelier to take Those who are eligible but have not enrollef are probably waiting for various reason s that include seeing if a job applicatiojn turns into anew job, if they can be covered throughu another insurance plan (such as that of a and weighing the financial impact enrollmen will have on the family budget, said Dick senior VP of employee benefits for Southeast region. “Overall, it seems like people are plaihcutting back,” he said of the hard reality of the financial environment. “You have to take into account that they stilol have to pay the deductabl and meetmiscellaneous expenses.
”

Nile Therapeutics CEO Peter Strumph out - San Francisco Business Times:

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The company (NASDAQ: NLTX) named 32-year-old Joshuz Kazam, currently a Nile director and co-founder of investor Two as presidentand CEO. He will continue to serv as a director and will not receiveadditional pay. Nile is developing heart failure dosing its first patient last year ina mid-stage clinicall trial. Since its inception in it has lostabout $28 million. The company had cash of $3.6 millioj as of March 31, enough to continue operations througbh thethird quarter, it said in a Securities and Exchanges Commission filing last month. It laid off administrativs and development employeesin May, including Jennifer Hodge, its vice president of development.
Nile will pay Strumph, who joinecd Nile from in May 2007, a lump sum of $230,000. It also will allowe him to continue inthe company’s healtyh and dental plans for six months. Strumph could receive an additional $100,000 if Nile completesx a deal within 24 months that resultsd in a changein control. Vestinhg of his 329,857 remaining stock options will acceleratw and vested stock options will remain exercisable for five years aftereJune 10, when the company said his employment agreement was Strumph has the right to buy 989,572 shares of Nile common stocm through “employment options” and another 242,482 shares from a “performancs option.
” Those are exercisable at $2.71 per He also holds a vesterd stock option, granted in January, to buy 149,148 shares at an exercisw price of 88 cents per Nile stock closed Friday at 72 centsa per share. Its 52-week rangd is $5.34 to 25 cents.

Help wanted: Apply online - Birmingham Business Journal:

http://veteransworld.com/tips_strategies/questionnaire_work_interests_1.html
She got five responses. Hoping for a bigger and better pool of applicants tochoose Relfe, the company's special projectsx director, turned to the next generation of job the Internet. Within two months of posting an openinfgon , Relfe had 172 applications to sift The response to one postingh was so overwhelming, she had to closew the ad before the term ended. "Igt was a good problem to have," Relfes said. "With the sheer volume of what (applications) you get if your ad is presente dcorrectly - it's amazing.
" With today' s robust economy and low unemploymentr rate, competition is fierce among businesses to attracy "star" candidates, said Brian Pitts, co-owner of , a locakl job-placement firm that uses the Internet ofte to find applicants to fill jobs at various area To get the "A" candidate, companiez have to move fast - and waitin g for resumes to come via snail mail won' t cut it, Pitts said. Most good applicants are lookint for jobs on the Internet these notthe newspaper, so getting the company's name - and openinbg - on the Internet is a must, he said.
However, postintg a job online can be priceyand time-consuming, especially for small businesses that don't have large bank accountsw or human resources departments, Pitts said. That'se the case for Relfe, whose company has about 70 employeez and no one handlinghumam resources. She took time away from her usual responsibilitiesz to look at the 15 or so resumexs emailed by Monstereach morning. But she said it was wortbh the timeand money. Southeasterb Property, a 30-year-old Birmingham business that owns 148 multifamily properties in11 states, paid $400 to post each job openingt for two months, compared with less than $100 for a newspaperf ad.
It cost more, but they were "very, very with their hires, she Since her company needee only about 12new employees, the price remainerd reasonable, she said. Southeastern Property also managed the cost by narrowing the searcg to include candidates who already live inthe area, so they wouldn't have to pay to bring someone in town for an and to the candidates who woulsd be willing to move on their own Larger companies, such as , which has 2,800 employees in Birmingham and 4,000 working for subsidiaries, set aside thousandss more to advertise openings and dedicate dozens of stafr hours to search the incoming resumes. On top of paying per montjh to post a jobon Monster.
coj and receive resumes, O'Neal Steel pays a fee to conducf a reverse search of resumes postedx by job seekers. According to Monster.com, a resume-searcg costs $1,500 for one month, human resources supervisor Donna Cornwellsaid O'Neal has a packagw deal that allows a postinhg of 100 jobs a year and eight resume but she wouldn't disclose the cost. Using Internet job searchu engines hasits drawbacks, Cornwell said. the volume can be overwhelming. And some job seekers apply for job openingxs evenwhen they're not qualified. Relfe recalledf getting an application for a controller position from a school bus drivert inNew York.
Online job sitesa offer ways to weed outunqualifiede candidates. O'Neal Steel requires hopefuls to fill out a questionnaired when applying and ifthey don't pass, the resumew is rejected. Another way to limit applicants is to be cleat about the qualifications needed for the Cornwell said. Creativity in the ad is what will help your job stand out in the plethora of openings posted on worldwide siteslike Monster.
com - and lure the good candidates that couldx have their pick of jobs in today'sz competitive job market, Cornwell "It's all in the qualitt of the ad you write," she For example, an ad that says, "Wed want a steel rainmaker" tends to catch the eye much faster than one that reads "outside sales representative wanted," she O'Neal Steel and many other specialty businesseds don't stick with Monster.com alone, said Pittws of ITAC Solutions. They turn to industrg search engines, such as jobsinthemoney.com /">jobsinthemoney.com for accountants and or forcomputed whizzes. And, some companies post their openings on theirt ownWeb site.
The searcnh engine /">al.com also offers local job postings. Abou 150 area companies run ads for jobs in the Birminghajm area on the site that includee classifieds from and two otherrAlabama newspapers. Cindy Martin, president and CEO of al.com, said the site - now in its 10th year - gets 1 milliob hits a month and chargesd less than whatworldwide sites, such as Monster.comn and , charge. It also offers most of the same includingresume searches. For smalol businesses that are unsure about postingan ad, al.comm can tally how many times job seekere looked at similar businesses' ads to gaugr its potential success, Martin said.
"The Internet has becomes a mass market," she said. Online job site aren't the panacea for finding qualityt candidates, warned Judy Traylor, director of the careet center atthe . Old-fashionesd networking and asking colleagues for suggested candidates is stilp aneffective method, Traylor In fact, she said 80 percent of her students got their jobs that way. "It'se absolutely who you know," she said. The Internef may facilitate the match between company and future but thejob won't get filled electronically, Pitts said. "N one gets a job over the Pitts said. "Everyone has to perform in an interview.
"

Vornado inks Crystal City deals - Washington Business Journal:

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signed the biggest lease by takingy 250,000 square feet at 1215 South Clark St., whicn included a renewal of 230,000 square feet and an additional 20,000 square feet. "Signing over 425,00p square feet of leases in 60 days is a great even in the bestof times, but it's especially significanty in today's challenging economy. It reall y speaks to the strength ofCrystal City," said Jim executive vice president for leasing at Vornado/Charles E. Smith, a wholly-owne local subsidiary of New York-basedc .
snapped up 86,000 square feet at 1550 Crysta Drive that was vacatedby Bethesda-based , which is moving into 225,000 square feet at 2121 Crystal Alion will relocate from 1560 Wilson Blvd. in Rosslyn in the Another tenant is moving across the Potomac Rivedr intoCrystal City. The signed for 59,000 square feet at 2121 Crystal The agency's group of information technology personnelo is moving from FBI's headquarters at 935 Pennsylvania Ave. NW in the late fall to free up space inits headquarters. Nearly all 505,000 square feet of 2121 Crystal Drivw opened up when the relocated to Alexandria a fewyeard ago. U.S.
Citizenship and Immigratio n Services is also taking advantage of that space vacated bythe PTO. It signed 26,000 square feet of space in mid-April.

City National buys majority stake in Lee Munder Capital Group - The Business Journal of Milwaukee:

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Terms of the deal, which is expectes to close in the third werenot disclosed. City National will merg Lee Munderwith , a Boston-based institutional asset management firm in whicgh City National holds a majorityh interest. The new company will operate under the Lee Munder Capital Group name and as an affiliateof LLC, the Chicago-basedf asset management holding company that City National acquirex in 2003. The combined company will have morethan $4 billiohn of assets under management and serve as City National's primary institutionalk asset management affiliate.
"The combined firm will have the management andinvestmentr talent, financial strength, infrastructurw and marketing capabilities needed to grow and providwe clients with long-term investment performance and superior Richard Gershen, executive vice president of wealthb management for City said in a Los Angeles-based City National (NYSE: CYN) is the parenyt of City National Bank.

Malaysian airliners suspend flights to Bandung - Jakarta Post

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Malaysian airliners suspend flights to Bandung Jakarta Post “All Air Asia flights to Hussein Sastranegara Airport in Bandung have been suspended due to volcanic ash particles,” Air Asia's Bandung area manager Bangkit ... and more »

Sales of Odyssey, Pilot, Ridgeline fall in May - Birmingham Business Journal:

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Sales for the Ridgeline fell to 1,461 in May, down 56.6 percentt from the 3,496 sold in May 2008. The picku has experienced some of the same struggles as other vehiclesx inits class. For the Ridgeline sales fell to 6,164 down more than 63 percent fromthe 17,152 sold in 2008. Odyssegy sales fell slightly to a 2.9 percent drop from the 12,9667 the Japanese automaker reported for the minivan in May 2008. The Odyssey’a year-to-date sales slipped to which represents a 29 percent decrease fromthe 59,988 sold in 2008. Sales of the Pilot sport utilityt vehicle, which is also made at the plant in alsodipped – falling 8.9 perceny to 7,412, compared to the 8,449 sold in May of 2008.
sales of the Piloyt are down 28 percent. Overall sales for the entire Honda line dropped 39.2 percent for the month.

Survey: Ohio hospitals planning job cuts - Dayton Business Journal:

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The association is reporting around 35 percentg of hospitals surveyed in the state say they are planningv to make additional layoffs in the nextsix months; 41 percenf of the layoffs will take place at hospitals in ruralk areas, according to the survey, which include d 110 of the associations 174 short-term, acute care membet hospitals. The association also founc that of Ohio 42 percent already have enacted some form ofhiring and/or salargy freeze.
In Dayton, has announced 55 mostlyt non-patient care positions have been cut fromits staff, and hospitals includinbg Children’s Medical Center and those in Premier Health have looked at reducing the numbed of position being hired for and freezingf others. “The number one missioj of our hospitals is to care forpeoplew — regardless of their ability to said Michael Stephens, president of Kettering Health Network’es Sycamore Medical Center and chair of the OHA Boar d of Trustees, in a news release. “Thag mission is in jeopardy.
” Beyond workforce 29 percent of Ohio hospitals have cancelled or delayedbuildin projects, including plans to make capitakl improvements, including emergency department modernizations, operating room expansions and cardiac care While nearly $250 million in cardiac care projects are ongoinh in the Dayton area, some hospital are halting other projects. Children’s Medical Center is delaying its plan to buile a new emergency center until fundingis secured, and Ketteringy Health Network has said projects beyond its Schusterf Heart Tower and the Grandview Medical Center west wing projec are delayed.
As hospitals struggle to remaimnfinancially stable, the Ohio Hospitapl Association also is reporting a decision at the statehousd could worsen the climate for hospitals. The Ohio General Assembly is debatinha two-year spending plan that would rais hospital costs and lead to more service cuts and construction Ohio hospitals would be assessed $598 million over the biennium, but they would only receive $187 million back at a $411 million according to the association. The which would cost Dayton hospitals millions of comes at a time when hospitals are wrestlintg with a 41 percent increase in charituy care and a 50 percent increase in bad debt duringy the last eight monthsof 2008.
Since total uncompensated care losses have increasedfrom $700 million to $1.3 billion. Children’s Medical Center has been hit especiallu hard. “As a result of plant closings and job losses inour region, has experienced a 7 perceny decline in commercially insured patients, with a correspondintg increase in the number of Medicaix patients, where reimbursement does not covef the full cost of care,” said David chief financial officer. “As a result of this shift, Daytonb Children’s is working to fill an $8 million to $10 milliob budget shortfall even though our patient volumes arestilll high.
” Miller said the shortfall, compoundef by the proposed additional assessmenf at the state level, woule mean delaying projects or cutting much-needed servicew for hospitals, including Children’s. The increasee financial burden and resulting decisions could lead to a numbetr of addition problemsfor Ohio’s hospitals and An increased number of emergency department patients, couplexd with financial roadblocks to vital emergency departmentr expansions and modernizations, means longee waits and higher coste for all patients, said James Castle, president and CEO of the Ohio Hospita l Association, in the news release.
Although hospitals’ primary mission is deliverinvhealth care, they also strive to maximize accesas to services, make health care affordablde and provide good-paying jobs in all regions of the he said. “An Ohio that fails to providew accessible, affordable, high-quality health care is an Ohio that cannotcompetes economically,” Castle said.

Rivet will not resign as captain - WBEN 930

http://www.lindsaycampbell.org/student-loans-consolidation-can-change-your-life-literally-2/

CBC.ca

Rivet will not resign as captain WBEN 930 Sabre forwards Tim Connolly and Jochen Hecht were both on the ice for Thursday's practice in Atlanta. Forward Jason Pominville is still awaiting the results ... Rivet Still Cherishes “C” Sabre Noise Pominville Cleared/ Miller- Lower Body Injury wgr550.com HAMILTON: It was more of a team effort, but it's still a loss wgr550.com  »