Posted by TDCTY Editor on July 30th, 2008
Toyota isn’t running a charity. The medical center, which cost $9 million to build in 2007, could save the company many millions over the next decade. Managed by Take Care Health Systems, whose business is running medical clinics, the program has helped Toyota slash big-ticket medical items including referrals to highly paid specialists, emergency room visits, and the use of costly brand-name drugs. Plus, there are big productivity gains because workers don’t have to leave the plant and drive to a doctor’s office for routine medical matters.
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Posted by TDCTY Editor on July 9th, 2008
It wasn’t so much a sarcastic comment to Jim Carnicella, human resources director for the city of Ocoee, a small town in central Florida. The cost of the city’s health plan that covers 700 employees and their families rose by 20 percent last year — up to $2.4 million — putting a serious dent in tax dollars that could go to other services like police and education.
Carnicella talked the City Council into self-funding its insurance plan, basically paying the full cost of medical claims and carrying stop-loss insurance that kicks in once the city spends $50,000 a year. Based on six months of this already, the move will likely save — “You’re not going to believe this,” he told me — roughly $700,000 in medical costs this year.
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Posted by TDCTY Editor on April 27th, 2008
Walgreen Co. said Friday its Putter Acquisition Sub Inc. unit successfully completed tender offers for the common and preferred stock of I- trax Inc. (DMX), a provider of integrated workplace health and productivity management.
The Deerfield, Ill., operator of a chain of drug stores said stockholders had tendered and not withdrawn 40.6 million shares, about 96%, of I-trax’s common stock and 2.14 million shares, about 98.6%, of I-trax’s preferred stock, according to preliminary data from the depositary for the offer.
Walgreen said it will merge Putter Acquisition Sub into I-trax and all remaining I-trax stockholders who did not tender their shares in the offer will receive the same price paid in the tender offer.
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Posted by TDCTY Editor on April 22nd, 2008
Walt Disney World has selected CHD Meridian Healthcare to operate the new employee health-care clinic being built near Epcot and to provide medical and pharmacy services for Disney employees and their families.
The $6 million, 15,000-square-foot facility will offer same-day medical care on Disney property and coordinated treatment with specialists and other facilities throughout Central Florida. The clinic will feature evening and weekend hours.
A grand opening is expected this fall, in the backstage area of Epcot. CHD Meridian will recruit for the approximately 40 jobs, including primary-care physicians and other medical professionals, as well as administrative staff.
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Posted by TDCTY Editor on April 11th, 2008
A building purchased by a trio of the area’s largest companies is the planned location for a health care clinic to be built for their employees, dependents and retirees, a spokesman said Thursday.
Bob Green, a Rio Tinto Energy America official representing Wyoming Healthcare Coalition LLC confirmed that the building at 430 Medical Arts Court was the planned location for a health clinic scheduled to open in July. The coalition bought the 7,000-square-foot clinic from Antelope Medical Properties LLC in March for an undisclosed cash sum.
The clinic, which will serve Foundation Coal West, Powder River Coal and Rio Tinto, is a joint partnership between the coal giants and contract health care provider CHD Meridian, based in Pennsylvania.
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