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Buying the Farm

July 9th, 2008 No Comments   Posted in CHD Meridian, CareHere, Whole Health

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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Walgreen Unit Completes Tender Offer For I-Trax

April 27th, 2008 No Comments   Posted in CHD Meridian

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The Deerfield, Ill., operator of a chain of drug stores said stockholders had tendered and not withdrawn 40.6 million shares, about 96%, of I-trax’s common stock and 2.14 million shares, about 98.6%, of I-trax’s preferred stock, according to preliminary data from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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CHD Meridian to run Disney clinic

April 22nd, 2008 No Comments   Posted in CHD Meridian

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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Coal mine clinic site confirmed

April 11th, 2008 No Comments   Posted in CHD Meridian

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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CHD Meridian Healthcare to Open New Health Center and Pharmacy for the Wyoming Quality Healthcare Coalition, LLC

April 8th, 2008 No Comments   Posted in CHD Meridian

CHD Meridian Healthcare, an I-trax, Inc. company, announced the planned opening of a new healthcare center and pharmacy in Gillette, WY, that will serve the employees of multiple mining companies that have come together to form a coalition. The coalition is comprised of three mining holding companies including Foundation Coal West, Powder River Coal Company and Rio Tinto Energy America, and their affiliates.

“We are pleased that the Wyoming Quality Healthcare Coalition, through its rigorous search process, selected CHD Meridian to work with them to create this new center,” said R. Dixon Thayer, chief executive officer of CHD Meridian. “We believe that selecting us is recognition of our 40-year-plus history of providing on-site healthcare services to some of this country’s largest employers. The coalition worked with a recognized national consultant to find the best solution to its healthcare needs and we are looking forward to providing outstanding service to the coalition’s employees and their covered dependents.”

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