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HealthOne parent HCA posts $1.9B Q4 profit
HCA Holdings Inc. -- parent of the Denver area's HealthOne hospitals -- saw earnings jump to $1.9 billion in the fourth quarter, thanks largely to a pretax gain of $1.5 billion stemming from its October purchase of the Colorado Health Foundation’s interest in the HealthOne system.
Nashville-based HCA (NYSE: HCA) posted earnings of $4.25 per share on revenue of $7.8 billion. Excluding one-time items, earnings were 94 cents per share.
Analysts, on average, had anticipated earnings of 76 cents per share on revenue of 8...
Gingrich rally draws hundreds downtown
Mitt Romney may raise more money, but Newt Gingrich told supporters in Dayton that he’s a stronger conservative candidate with more “people” power to attract voters to the polls.
Gingrich was greeted by hundreds of supporters Tuesday afternoon who packed the front lobby of Memorial Hall downtown. The stop was one of three in Ohio he was schedule to make during the day.
Gingrich also took a jab at President Barack Obama for touting the recent drop in unemployment, citing the large numbers of people no longer looking for work but not including in the statistic...
HCA to break ground on Poinciana hospital
Osceola Regional Medical Center will break ground Feb. 7 on a $65 million hospital project in Poinciana.
The project will start with a 12-bed, one-story, 11,000-square-foot freestanding emergency department with a helicopter pad, laboratory, pharmacy and imaging. The second phase includes a $33.7 million, 30-bed, two-story, 94,000-square-foot hospital. Phase 3 is a medical office building.
Once completed, the complex is expected to have 200 full-time employees. Click here to read about the state agreeing to scale down the project...
Integro brokerage names Marc Kunney to head new USA unit
Integro, a New York-based international insurance brokerage and risk management firm with a significant footprint in the San Francisco Bay Area, said Tuesday it is creating an Integro USA unit and putting San Francisco leader Marc Kunney in charge of it.
Kunney, “operations leader” and managing principal in San Francisco, will head the division as president, but will continue to head up operations in the Bay Area, Integro said.
Integro USA will house the firm’s U.S. insurance brokerage operations, and focuses on clients in the United States that face complex insurance risks, according to a spokesman...
Nonprofit, subject of scandal, to merge
An organization that nearly shut down after its executive director embezzled more than $100,000, Boston Living Center, will merge into Victory Programs, according to a news release. Both organizations work in the realm of HIV/AIDS.
When the merger is complete on March 1, Boston Living Center will be considered a program of Victory Programs. All Boston Living Center staff have been offered jobs, said Alison Merrill, spokeswoman for Victory Programs.
Since July 2011, the two organizations have been collaborating under a management agreement...
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