Northwest Portland's Pettygrove Program to move to former convent in Southeast ... - OregonLive.com

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Northwest Portland's Pettygrove Program to move to former convent in Southeast ... OregonLive.com The program, which is run by Boys and Girls Aid, helps teenage girls from around Oregon who have been convicted of non-violent crimes.

Spectrum Brands to exit Ch. 11 in August - South Florida Business Journal:

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The Atlanta-based consumer products company said it will exit bankruptc y protection as soon as all closing conditions to the including the closing ofthe company’s exit financing, have been met. That will likelg be in August, the company said. “When we emerge, we will have reduced our subordinated debtby $840 millionh and eliminated approximately $60 million of annuak cash interest expenses for at leastr each of the next two years,” said Kent Hussey, CEO of Spectrumm Brands, in a prepared statement.
“We will emerge with a strongedr balance sheet that will better position us to maintainj and strengthen our current platformj and to pursue opportunities to growour company.” Spectrum Brands and its U.S. subsidiaries filec for Chapter 11 inthe U.S. Bankruptcy Courrt for the Western Districrof Texas, San Antonio Division on Feb. 3. It had $4.4 billiob in debt. Spectrum makes Rayovac Tetra pet supplies, Remington shaving and groomingy and personalcare products, householx insecticides and lawn and garden care products.

BMW and Toyota extend technology ties -sources - Reuters

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BMW and Toyota extend technology ties -sources Reuters MUNICH/HAMBURG, June 27 (Reuters) - BMW and Toyota plan to expand a technological partnership, two sourcesclose to the companies told Reuters, a deal ... and more »

Fred Weber wins $4M Mississippi River Bridge contract - Business First of Columbus:

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awarded Fred Weber a $4.444 million contract Wednesday to removr and replace the Madison Streetand St. Louias Avenue bridges over Interstate 70 indowntown St. The majority of work on this projectr will start afterHighway 40/Interstate 64 reopenss between Kingshighway and Interstate 170. Crewsd will remove the St. Louisd Avenue bridge first and then removw and replace the MadisonStreef bridge. During work to remove the MadisonStreety bridge, crews will also remove the Cass Avenue bridger in preparation for replacing that bridge later in 2010. This work is part of preliminarhy work on a new Mississippiiriver bridge, which is expected to reduce congestion on the Poplar Streetf Bridge.
Maryland Heights, Mo.-based Fred Weber is one of the largest privatelhy held companiesin St. Louis with $353.e3 million in revenue in 2008. The commercial constructiom firm is also working onthe $245 million reconstruction of AmerenUE’s Taum Sauk Reservoier in Johnson’s Shut-Ins state park and is part of Gatewag Constructors, the consortium of contractorse performing $535 million worth of improvementxs on Highway 40/Interstate 64.

Home prices take a tumble in Tampa Bay region - Tampa Bay Business Journal:

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The numbers are based on the Home Price Indedfrom , which tracks increases and decreases in sales prices for the same homes over time as a way to view pricinyg trends. Florida’s HPI drop of 21 percent over the last 12 monthds was the fourth largest drop in the countrybehinf Nevada, California and Rhode Island. Tampa-St. however, had some of the strongest numbersx inthe state, despite prices dropping 19.7 That was better than Orlando-Kissimmee’s drop of 22.2 the 26.4 percent drop in Cape Coral-Fort Myers and the drop in Miamk Beach-Kendall where homes lost 28.9 perceny in value. Nationally, pricre drops reached 11.5 percent, a figure that 42 state s bested.
And not all home prices went down. The Texas regionw of Dallas, Austin and Houston all had pricer increasesbetween 0.92 and 3 percent. Pressure on home prices isn’t limited to specific states saidMark Fleming, chief economist for First American “The real story was the geographicx dispersion of home price meaning the problems are no longedr confined to a handfupl of ‘Sand States,’” Fleming said in a release. “Homeownerse in many parts of the countruy are coming under stress from a loss in rising delinquenciesand foreclosures, and economif uncertainty.
”

New restaurant to fill shuttered Clubhouse at Lenox Square - The Business Review (Albany):

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, owner of the upscale Buckhead mall, announced Fridahy it has signed an agreemenytwith Charleston, S.C.-based restaurateur . to open Lenos Square Grill laterthis fall. Lenox Square Grill will fill a majoe vacancy in a signaturew slot atLenox Square. The Clubhouse, part of the country club-inspired restauranr chain originally founded by celebrity investorzs Kevin Costner and Jack created a void atLenoxc Square’s front door when it closed last “We’ve seen such remarkable success from loca l restaurant operators in Atlanta,” Tishza Maley, assistant vice president of leasing for Simonj Property Group, said in a “CentraArchy Restaurants is a great example, with proven concepts that reallgy stand the test of time while maintainin a loyal patronage from Atlantaa diners.
We’re looking forward to another strong partnershipl with CentraArchy and continuing that tradition with LenosxSquare Grill.” CentraArchy is the company behind Taverhn at Phipps at Simon-ownedx Phipps Plaza. The 12,500-square-foot Lenox Square Grill will feature300 seats, a large bar and amplse outdoor seating areas. It will be open for breakfast, luncg and dinner daily. CentraArchy is also the parent companu of NewYork Prime, California Dreaming, Joey D’sa Oak Room.

Emergent BioSolutions applies for anthrax vaccine award - Baltimore Business Journal:

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The Rockville-based biotech's vaccine candidate is a reformulatedf and more stable form of the one originall y developed at the Army Medical Research Institute of Infectious Diseases. The award could be granted as soon as the end of the In May, Emergent paid $2 million to for an anthrac vaccine candidate that the Californiaz competitor had been developing under an $878 million Department of Health and Human Services That contract was canceled in December 2006 when VaxGen missecd a deadline to begin a clinical trial. Emergent said one Phasse II clinical trial of the vaccine hasbeen completed.
The governmenyt wants to procure 25 million doses of a vaccine to replenishthe country's stockpile for naturalp disasters or terrorist attacks. If Emergent (NYSE:EBS) wins the the doses procured would be in additiob tothe 18.75 million dosews of the company's FDA-licensed product, BioThrax, which is being procurexd under the existing multiyear $448 million contract the Departmenft of Health and Human Services signed with Emergent. "We are confident that the formulation changes have addresse d previous concerns regarding the stability of the We believe that the current formulationj will meetthe U.S.
government's stabilityu requirements for an [recombinant protectivee antigen] vaccine," said James Jackson, senior vice president and chief scientifif officerof Emergent. The compan expects to make its recombinan t protective antigenanthrax vaccine, as well as in its recently-constructed manufacturing facility at its Lansing campus. Emergentg recently received a federal grant from the National Institute of Allergy and Infectioua Diseases fora five-year allotment for its next-generation anthrax treatment vaccine.

Tampa Museum of Art names Seth D. Pevnick curator - The Business Journal of Milwaukee:

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Pevnick is joining TMA from the at the Getty Villwain Malibu, Calif. He remaine co-curator of its upcoming The Chimaera ofArezzo exhibition, which open s in July. In his new role, Pevnick will design and oversee the installation of the permanenty collection in the Barbara and Costaas Lemonopoulos Greek andRoman Gallery. He also will organize and circulated Greek andRoman exhibitions, perform and publish researcu on the collection, and educate the public on the museum’se antiquities collection. Pevnick is a doctoral candidate in the Interdepartmenta Graduate Program of the Cotsen Institute of Archaeologuy inLos Angeles. He received a master of arts degree in archaeologtyat U.C.
, a master of arts degree in elementart education from in Los Angeles and a bachelord of arts in classical archaeologyy from in Hanover, N.H., a release from TMA TMA’s new location remains unde r construction at Curtis Hixon Waterfront Park in downtowm Tampa. The 66,000-square-foot Cornelia Corbet Center building is set to open inearly 2010. TMA’sw interim facility is located onHoward

Dow on Wednesday gives back Tuesday

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The Dow Jones Industrial Average finished the trading dayat 8,300.02, down 173.47 pointss (2.05 percent). The S&P 500 closed at 893.06, down 17.27 points (1.9 The NASDAQ Composite finishedat 1,731.08, down 19.35 pointsw (1.11 percent). The only Colorado stock tradintg more than 1 millioj shares to gain on the session was WhitingPetroleunm (WLL), up 1.22 percent (53 cents) to close at (CMG) was up 2.06 percent to $80.79 on volume of less than 700,00o shares. But there were plentt of actively traded Colorado stocks that declinedf onthe day. Among them was down 6.31 percent (7 cents) to closew at $1.04. • (DCT) — Down 6.17 percent (28 to $4.26.
• , or AIMCO — Down 5.81 percent (54 cents) to • (WU) — Down 4.53 percentt (79 cents) to $16.65. • — Down 4.52 percent ($1.51) to $31.90. (MLAB) — Down 4.27 (86 cents) to $19.29. (UDR) — Down 4.19 percent (46 cents) to $10.53. (DISH) — Down 4.04 percent (69 cents) to

40 Under 40: Anne Jackson - Charlotte Business Journal:

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1995 Career history: OmniArchitecture, interior 1995-97; Pinto Powell Swicegood, Atlanta, interioe designer, 1998-99; Lord Aeck and Sargent, interior designer, 1999-2000; The FWA Group, interior designer, 2001-05; Perkins+Will, 2005-present Neighborhood: Greatest businesws accomplishment of thepast year: Managed the certification of the first Leadership in Energy and Environmental Design commercial interiors project in North Carolina, whicjh achieved a gold rating from the U.S.
Greenn Building Council Greatest civic accomplishment of the past After spearheading the formation of the Charlotte regioj chapter of the USGBC in 2005 and servingy as itsfounding chair, saw the chapter grow to over 300 win two leadership awards from establish an operating budget that could support staff and transition to new leadership Civic/volunteer Founding chair and current board USGBC Charlotte region chapter; member, Sierrqa Club; member, Kiwanis Club What you like best abou living in the Charlotte region: The most importantg issues facing the region: The most important issues facing every region -- climate change, resource inequity, biodiversity loss, poverty -- all results of humanse not living in harmony with naturr and each other Your most valued Last book read: You Can't Go Home Agaib , Thomas Wolfe Last movie seen: The Visitor Last Favorite Web site: Favorite possession: Travel, rock-climbing, never-ending home renovation Heroes: Jeffrey Jimmy Carter , Muhammad Yunus Fantasy job: One-word descriptioj of self: Ubuntu, meaning affirming of otherxs and being defined as an individual by your relationships with othersd

Arizona tribes get $8 million in stimulus - Phoenix Business Journal:

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million in federal stimulus money for a hostof water-relatecd projects. The money is part of $90 milliom in announced disbursements from the American Recoveruy and Reinvestment Act through the andthe U.S. Departmentg of Health and Human Services’ India n Health Service. Laura the EPA’s acting regional administrator for the Pacific said the money will fuel jobs and brinf inneeded amenities. “On tribal lands, 10 percent of homeds lack access to safedrinkinfg water, compared to less than 1 percent of non-native she said. • $2.2 millionb to the White Mountain Apached Tribe for three wastewaterand drinking-water system projects. $1.
9 million to the Tohono O’odham Nation for five wastewater and drinkingwater • $1.3 million to the Hopi Tribe to pay for six wastewatetr and drinking water projects. • $1.1 millionj to the San Carlos Apache Tribe for drinking waterrsystem improvements. • $615,770 to the to improvr its wastewatertreatment facility. • $340,63o to the Quechan Tribe to upgradesewerr lines. • $321,900 to the Yavapai-Apachre Nation for arsenic treatment. • $260,400 to the Hualapai Tribe to upgraded its drinkingwater system.
For more:

Law firm Drinker Biddle slashes starting salaries, sets new training regimen - Philadelphia Business Journal:

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The Philadelphia-based firm will welcome its 37 first-year associates on time this September — unlike at some otherf firms, where start dates have been delayexdin cost-cutting moves — but startinhg lawyers will not handle clien matters for the most part. Instead they will be assignefd to a trainingprogram “far more rigorous and focuseds than any we have previously provided,” Drinker Biddlew management said in an internal memo obtained by The Philadelphia Businesas Journal.
During the initial period, Drinkeer Biddle will pay an annuap salaryof $105,000 — down from the $145,000 paid Any client work first years perform will be billesd at a significant rate The training will be focused on traditional legal skillds relevant to particular areas of practice and educatiomn about client businesses. The new lawyers will shadoe partners, spend time in a classroom setting and be freeed from billablehour requirements.
“We will also be looking to all of our lawyersa to make special efforts to find opportunities for our new lawyers to gain the kindof real-worldx experience our clients expect — even if we cannogt bill for the time,” the memo Drinker Biddle said it expects to adjust pay to the market rate for first-yeae lawyers in spring 2010. “In this way, we intend to address the often-repeated criticism that we are training our lawyer atour clients’ expense while at the same time ensuringv that our overall compensation systemj for associates is logical, consisten t and fair,” the memo said.
Most large Philadelphia firmws have deferred the start datesa oftheir first-year associates for 2009. Drinker Biddlre had been quiet about its planwsuntil Monday. Drinker said it wanted to make surethe firm’ s economic perspective was aligned with clients, who have made their viewpointzs clear both in individual meetings and through initiativezs from the Association of Corporate Counsel. In Drinker Biddle said it has begunj a review of its associate compensatiojn program to ensure that itis “aligned with the needs of our clientz and the professional development of our It expects the results to be implementefd in 2010.
The firm will also evaluate its summer interjn program structure and will announcde a new strategy tohandle flex-tim e work arrangements. Drinker Biddle addecd that instead of awarding bonuses solely bases onhours billed, it will include other unnamefd factors. Associate evaluations will be movesd from early in the yearto

More pieces, smaller pie - Kansas City Business Journal:

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That much is but the next apparentimplication – that theswe are boom times for the collections industry – misses the next turn of the Despite the best efforts of the debt a larger percentage of that bad debt will go “I wouldn’t say we’re countercyclical,” says Brian vice president of financial reportinv for the , a global firm providinhg a variety of outsourcing solutions, includingb debt collection. The compan y has a location in Albuquerqud and is one ofthe state’s most active collection “There are opportunities [in the currentr environment], but also challenges,” Callaha n said.
“We see a higher volume, but more difficulft collections. How that balances is the million-dollar question.” At the otherd company-size extreme, John Barlow owns and operates in which is facing the samemixed forecast. Barlow says therd is little change in three of the four categoriea of debtors he thechronic poor, who “never pay”; “thre credit criminals,” who never intended to pay; and what he jokinglgy calls “the stupid people,” those who have every abilityu and intention to pay, but don’tg manage their bills well enough to acknowledge a debt untill Barlow calls.
“The number of stupixd people doesn’t go up,” Barlow adds. The fourth which Barlow calls “the good Americans,” are the ones he’s increasinglh calling for thefirst time. They intendx to pay their debts and ofteh will agree topayment plans, though increasingly with tiny monthly Barlow says many of them are finding themselves at collection agents for psychologicakl reasons. “A lot of the people I talk to have jobs and were makinhg the same amount of moneyt five months ago theyare now. Therre may be no danger of pink slips, but they’res still scared,” he says. “It used to be I was competing forbeer money, then for casinl money.
But now I’m competing with fear.” Barlowq said the national recovery rate is now around 14 but as theeconomy slows, it will likely dip, taking away some of the advantagews of higher volume. If the econom turns bad enough that personal bankruptciedsspike again, collection agents will suffer, as bankruptcy freezes collection efforts. In response, the industry is busilyy passing around tips on how to deal with all thenew “good American” debtors. “You have to work smarter and do more stratificatio into abilityto pay,” Callahan “More people are doingv payment plans.
” Barlow says the impacf of his increased business on referrals to attorneysd is likely to be limited at first, because with both the collectionh agent and the attorney workinhg on contingency, there’s not enougnh meat on the bone of a small debt to make it wortbh the trouble. “Everybody’s threshold of who to sue says Barlow, who never tries to prosecute a debt of lessthan “The most [an attorney] can get [in a $1,000 is $250 – we’rse asking them to work four hours to get $250, when they normallty charge $200 an hour.
” And nobody makezs any money if it turns out there is no moneh to recover — Barlow has to use his own judgmentt on that before turning to an attorney. “I’k right about 50 percent of the he says. In addition to the law, debt collectorsx have one other advantagde ontheir side: the seven years a debt stays on a credit Barlow hopes to polish up some old debts historically harder to recover when the recession lifts and ability to pay “I’ll build an inventory quickly over the next two he says. “The recovery rate is so I may not get back to the recovery rate that I woulcd have had innormal times, but hopefully I’l l get close.
” Professional Collection Service Inc. John Barlow, owner 5555 Montgomeru Blvd. NE, Albuquerque, NM 87109 NCO Financial Systemds Inc. 2340 Menaul Blvd. NE #100, NM 87107 Web:

Saul Ewing adds 7 Buchanan Ingersoll lawyers in Wilmington - Washington Business Journal:

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office. The loss of the seven-lawyer group leaves Pittsburgh-based Buchanan with only one full-timer partner in Wilmington and four lawyerstotal there, and gives Saul Ewing the largestg Wilmington office of any full-servicr Philadelphia-based firm. The group includea office headWilliam Manning, who serves as outsidde general counsel to the University of Delaware and also representws Verizon Corp. and Dover The litigator was once chief of stafv to formerDelaware Gov. Pete DuPont. The other two partner s are Teresa Currier, who led bankruptcy efforts for Buchanan in and real estate lawyerRichard Forsten.
The additions give Saul Ewing 19 lawyersin Wilmington, where bankruptciee have taken off during the economic A large percentage of companies from arounrd the country file for Chapter 11 protection in Delaware. But becaus Delaware only has abour 2,000 lawyers and has a strong set of indigenous law the Wilmington market has been a toughb one to crackfor outsiders, even neighboring Philadelphia Among Philadelphia firms, Peppee Hamilton and Fox Rothschild have 17 Drinker Biddle & Reathy has 15 and Blank Rome has 13. Saul Ewing said Manningh will serveas co-managing partner of the office with currenr office managing partner and real estate lawyer Wendie Stabler.

Boca Raton Community Hospital turns profitable - St. Louis Business Journal:

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BRCH Corp. earned $8,434 on revenue of $96 milliojn in its fiscal third quartefr endedMarch 31, improved from a $20.9 millioj loss on revenue of $92.5 million for the same perio of 2008, according to the nonprofit’s report to its The turnaround happened quickly for a health care providert in the midst of a recession. The hospital’sw board hired Jerry Fedele as CEO in October ashis employer, Brentwood, Tenn.-basedx , worked on a consulting deal with the hospital to improvwe its operations. Fedele immediately embarked on an expensew reduction plan that included laying off 38 employeesa andrenegotiating contracts.
Fedele said BRCH’zs results were consistent withhis “This progress is extraordinarily significant,” he “There is no question about our long-term success at this BRCH’s operating expenses of $84.8 million in its fiscal third quarter were $13.4 million less than the year-ag quarter. Those savings more than covered the restructuring fees the hospitapl paid totheir cost-saving consultants FTI and of $1.4 milliom and $3.2 million, respectively, during the Even as it reduced the hospital attracted more patients and was more efficient in collectingb bills – the area Stockaml focused on. However, its numbedr of surgeries dipped.
BRCH’s income also includec a $4.7 million gain on its investments. For its next step to reduce costs, the hospital’s executives are negotiating for more favorablee contracts with managed care plans and its oncology and infusionn therapyphysician group. Yet, it returned to hiringv in some areas. The hospital is looking into developinhg an employed primary care physician networki by the early part of fiscalyear 2010, which starts in Fedele said its Boca Care networjk would employ 25 to 30 primart care physicians, plus support within three years in offices in the Boca Ratonh area. The first office should open this summee with four to six he said.
Fedele said the hospital is openingv this officebecause there’s a shortage of primargy care physicians and there aren’t any private primaryg care physicians referring patients to the hospital in that part of A location has not been finalized. In anothe r investment, the hospital will spend $1 million to buy an electronicd medical records system for its emergency Fedele said BRCH would still report a loss for the 12 months endedJune 30, but it shoulsd be significantly less than the loss reportede for the previous year. For the nine-month perioc ended March 31, BRCH lost $9.5 million on revenude of $259.3 million, improved from a loss of $44.3 millioh on revenue of $254.
4 millio in the same period a year ago. “It’d not done yet,” Fedele said. “The whols story isn’t based on one

Local law firm honored for trademark work - Charlotte Business Journal:

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The Charlotte-based corporate and commercial law firm came inat No. 59 for the seconf quarter of 2008. The firms are ranked on the numbert of federal trademark applications submittedx duringthe quarter. In addition, Robert Cameron, an attorne with the local firm, earned a ranking of No. 8 on the list of the Top 50 trademarj attorneys. “Our clients are interestedf in protecting their brands and this ranking helpsd establish us as a national leader in trademarjk prosecution with the knowledge and experience to meet our growing needs,” says Cameron, who joined the firm in Februarhy 2008 to head up the trademark prosecution Robinson, Bradshaw & Hinson has more than 130 The firm has offices in Charlotte, Rock Hill and Chapel Trademark Insider is a quarterl publication that includes trademark-filing activity and an analysid of overall industry trends.
It is published by CorporatiomService Co. of

Copy of doctor's report on Lincoln assassination is found - Plain Dealer

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Plain Dealer

Copy of doctor's report on Lincoln assassination is found Plain Dealer On Tuesday, the Papers of Abraham Lincoln project announced it had discovered a copy of Leale's report from that night. "I immediately ran to the Presidents box and as soon as the door was opened was admitted and introduced to Mrs. Lincoln when she ... < p size="-1">Report of first doctor to reach shot Lincoln found Albany Times Union `First draft of history' in Lincoln shooting found STLtoday.com  »

Loss, sales, shares fall at Toll Brothers - Pittsburgh Business Times:

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million, and has decided to discontinue giving earnings guidance. The Horsham, Pa., company’s net loss was 52 cents a whichincluded pre-tax write-downs totaling $119.6 million. Durinh the same period last Toll (NYSE:TOL) reported a $93.8 million, or 59 cents a share, which included pre-tax write-downs totaling $288.1 million. Revenue for the quarter came inat $398.43 million, a plunge of 51 percent. The averagew analyst estimate forthis year’ s fiscal second quarter was a loss of 50 cents per sharre and revenue of $395 million, according to Thomson Toll shares were trading 6 percent lowedr Wednesday at $18.35.
Though the housing marketf continues to be a Toll said it has experiencecd an uptick in activity and traffic at its The company will not provide earnings guidanc becauseof “the numerous uncertainties relatedx to our business,” said Joel H. Rassman, chieff financial officer.

IRS takes closer look at hospitals' charity care - Orlando Business Journal:

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Currently, nonprofit hospitals don't have to pay federal income tax, statd sales tax or local property tax. In return, they must provide a community benefit. But politicalk pressure from Congress has cause d the to take a closer look at exactl y how nonprofit hospitals provide thatcommunity benefit. The IRS sent out surveys last year to544 tax-exempt hospitals on the types of community benefiyt they provide. The interim report is expectesdnext month, with the completed one due in September 2008. Littlde difference?
The report comes at a time whensome -- includinvg Ashley Johnson, chief financial officer for the for-profit in Sanford -- question whethert nonprofits differ enough from for-profit hospitals to justify thei r tax-exempt status. In fact, the biggestr difference she can point to is simpl ythat for-profits pay taxes and nonprofits don't. Johnson says Centrakl Florida Regional Hospital, which is ownedx by the privatelyheld Nashville, Tenn.-baser , also provides charityy care. In addition, she says for-profiyt hospitals are under many of the same pressureds such as dealing with bad debt and absorbing shortfalle from Medicareand Medicaid.
For Central Florida Regional, which serves about 10,000 inpatientx a year, provided nearly $4.2 million in charity care for 2006 andabsorbed $23 million in bad debt, in additio n to paying nearly $1.2 million in "I don't understand why we have to pay when we're under the same criteria and the same says Johnson. But for that fault-finding sounds "Twenty years ago, nonprofits were criticized severelyu for not running enoughlike businesses," says Rich Morrison, ­regional vice presidentf for . "Now 20 years we're being criticized for being too business-liks and profitable.
" A major focuxs of the IRS report is charitt care and how hospitalsdefine that. For some hospitals count bad debt ascharity care, whilde others don't. There are also disagreementw over whether to count both Medicare andMedicaid shortfalls, or costds exceeding reimbursement, as charity care. Medicaid and Medicare reimbursements typically cover only about 70 percentof costs, says Both for-profit and nonprofit hospitals have these shortfalls, whichb can add up to big bucks. For Florida Hospital had $30 million in unreimburse d costs associated with Medicaidand $88 million in unreimbursed costs from Medicare.
The includes Medicaidc shortfalls in its definition of charity but not Medicare shortfalls orbad debt, says Donalr Stuart, an attorney with in Nashville. On the othedr hand, the includes all unreimbursed shortfallas and bad debt in its definition ofcharityy care, says Stuart. "Nobodt has been able to come up with a standarde measurement to reportcharity care." Many are speculating on the loca implications of the IRS report. On the extremde side, the IRS could take away the exemption, says If the exemption were to "They'd have to pay taxes, but they'dx figure out how to do it," Johnson says.
However, Stuart predictsa the IRS simply will create a uniform definitiom of charity care andcommunity benefit, or a clearef standards on how to report that. "Everyonde needs to work off thesame definition," says Morrison. "If we have good, consistent a lot of these questions willgo

Hospitals fight drug scarcity, fear patients harmed - Reuters

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Hospitals fight drug scarcity, fear patients harmed Reuters By Anna Yukhananov | WASHINGTON (Reuters) - At the Henry Ford Hospital in Detroit, pharmacists are using old-fashioned paper spreadsheets to track their stock of drugs in short supply - a task that takes several hours each day. and more »