Bank of Florida Corporation provided an update for the second quarter 2009. As part of an on-going initiative to support capital levels, insiders of Bank of Florida and other accredited investors placed an additional $4.1 million in the Company through the issuance of 165 units of convertible preferred stock and warrants at $25,000 per [...]
Bank of Florida Corporation provided an update for the second quarter 2009. As part of an on-going initiative to support capital levels, insiders of Bank of Florida and other accredited investors placed an additional $4.1 million in the Company through the issuance of 165 units of convertible preferred stock and warrants at $25,000 per unit. [...]
HealthSpring, Inc. announced that Andy Flatt, the Company’s Senior Vice President and Chief Information Officer, has begun a two-year term as the chairman of the Nashville Technology Council (NTC), an affiliate of the Nashville Area Chamber of Commerce. Since 1999, the NTC has been devoted to helping the Middle Tennessee technology community succeed.
As chairman, Mr. [...]
ACM Capital Partners, a national investment and advisory firm specializing in assisting middle-market companies in transition or distress, and Crestmark Bank, a nationally recognized provider of working capital solutions to small- and mid-sized businesses, today announced they have partnered to deliver a multi-million dollar asset-based loan for a struggling medical device company headquartered in California.
The [...]
The TriZetto Group, Inc. announced that Neighborhood Health Plan (NHP) and CareFirst BlueCross BlueShield (CareFirst) were the winners of the first annual Integrated Healthcare Management (IHM) Power Awards in the categories of Operational Excellence and Innovation, respectively. The awards honor innovative customers that are demonstrating tangible success in the pursuit of IHM, the systematic application [...]
Despite a slump in the U.S. housing market, MetLife Inc. is seeking to expand its bank by delving into the residential mortgage origination business with help from its well-known brand. But the endeavor may be rife with risks as making loans isn’t core to the business of the biggest U.S. life insurer, an expert said [...]
Despite a slump in the U.S. housing market, MetLife Inc. is seeking to expand its bank by delving into the residential mortgage origination business with help from its well-known brand. But the endeavor may be rife with risks as making loans isn’t core to the business of the biggest U.S. life insurer, an expert said [...]
Connolly Healthcare, a permanent Recovery Audit Contractor (RAC) for the Centers for Medicare & Medicaid Services (CMS), has signed a five-year license agreement with Milliman Care Guidelines.
Connolly will use the Care Guidelines content and software to review Medicare claims in 15 states — West Virginia, Virginia, North Carolina, South Carolina, Georgia, Florida, Alabama, Mississippi, [...]
WellCare Health Plans, Inc. announced the appointment of Thomas F. O’Neil III, Senior Vice President, General Counsel and Secretary, to Vice Chairman and Timothy S. Susanin, Vice President and Chief Counsel, to Senior Vice President, General Counsel and Secretary.
Mr. O’Neil, formerly a partner at DLA Piper US LLP, general counsel of the MCI Group and [...]
Market research conducted on behalf of ConnextionsHealth has demonstrated that health insurance plans can significantly improve revenue generation by establishing initiatives that specifically address member disenrollment. A host of economic factors are currently driving unprecedented membership losses at most health insurance plans.
Results of a proprietary study conducted by a leading management consulting firm show that [...]
