Dr. Sunny Bhatia and Dr. Paryus Patel were selected for the national list of physician leaders for their dedication to strengthening Prime Healthcare through their leadership in clinical excellence, operational strategy, patient-centered initiatives and quality improvement
Prime Healthcare had the highest and best bid for St. Francis with an offer that provides over $350 million as the sale process enters final stages.Prime has committed to continuing St. Francis mission, service lines, trauma care, charity care, community benefit programs, and service to the underserved.Prime Healthcare immediately begins the implementation of state-of-the-art technology and systems as part of $47 million capital infusion for technology, infrastructure, equipment, and system upgrades.Verity Health and Prime Healthcare value the heroic work of staff and engaged in good faith negotiations with all unions.LOS ANGELES (June 1, 2020) – Prime Healthcare and Verity Health today highlighted their continued efforts to preserve the legacy and health care mission of St. Francis Medical Center.
Since Prime was chosen as the top bidder by the U.S. Bankruptcy Court, millions of dollars have already been invested in state-of-the-art technology improvements—reflecting a commitment to preserving access to care and improving quality for Lynwood and surrounding Los Angeles communities.Prime, which has earned a national reputation for turning around financially struggling hospitals and saving their community missions, had the highest and best bid approved for St. Francis, in Lynwood, CA., by the U.S. Bankruptcy Court for the Central District of California, with an offer of net consideration in excess of $350 million and also provides for $47 million in much-needed capital improvements.As part of its asset purchase agreement, Prime has committed to meeting and exceeding mandates for access and services, including maintaining all essential care, trauma care, and community benefit programs, while continuing St. Francis’s important mission of service.
As part of the transition, Prime has already begun executing on its commitment to capital investment by installing best-in-class technology and systems such as Epic, as an integrated electronic medical record, Omnicell systems for automated medication dispensing and new interventional radiology and cardiology capability, all of which will serve to improve quality and the patient and caregiver experience at St. Francis.As one of the nation’s leading hospital systems serving 2.6 million patients annually, Prime is committed to quality and patient-centered care, earning numerous awards time and time again.
“Given Verity’s ongoing operating losses of nearly $450,000 daily and the uncertain operating environments associated with this pandemic, the importance of St. Francis being sold to a stable operator cannot be understated.
Prime has also already demonstrated a level of unique and exceptional talent and dedication to the St. Francis mission which will provide stability.”Prime’s offer provides a net consideration of over $350 million.
Prime has committed to invest $47 million in capital improvements and has agreed to let Verity keep over $100 million in estimated Medicaid Quality Assurance Fee payments.
The Global PVC Window Profile Market Research Report - Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026 gives an evaluation of the market developments based on historical studies and comprehensive research respectively.
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The Global Polyvinyl Alcohol Fibers Market Research Report - Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026 gives an evaluation of the market developments based on historical studies and comprehensive research respectively.
The market segments are also provided with an in-depth outlook of the competitive landscape and a listing of the profiled key players.The comprehensive value chain analysis of the market will assist in attaining better product differentiation, along with detailed understanding of the core competency of each activity involved.
The market attractiveness analysis provided in the report aptly measures the potential value of the market providing business strategists with the latest growth opportunities.The report classifies the market into different segments based on product type and application.
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According to a research report "Cognitive Assessment and Training Market by Assessment Type (Pen- and Paper-Based, Hosted, Biometrics), Component, Application (Clinical Trial, Screening & Diagnostics, Brain Training, Academic Research), Vertical, and Region - Global Forecast to 2021", published by MarketsandMarkets, the cognitive assessment and training market size is expected to grow from USD 1.98 Billion in 2016 to USD 8.06 Billion by 2021, at a Compound Annual Growth Rate (CAGR) of 32.3%.Browse 63 market data tables and 47 figures spread through 150 pages and in-depth TOC on "Cognitive Assessment and Training Market - Global Forecast to 2021"The major forces driving this market are aging global population, increasing awareness about brain fitness, and advancements in technology.
The growing market for cognitive solutions and increasing demand for brain training by next-generation tech-savvy population are contributing to the growth of the cognitive assessment and training market.Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=1039Clinical trials in terms of application is expected to hold the largest market share in the cognitive assessment and training market during the forecast periodClinical trials are mainly used to identify, measure, or monitor cognitive impairments and cognitive changes.
The assessment of cognitive functions is an integral part of decision-making during clinical drug development, as certain drugs can have an impact on the cognitive capabilities of the brain.
The market is expected to contribute the highest revenue for vendors offering clinical trials.Education vertical is expected to grow at the highest CAGR in the marketCognitive assessment solutions and services are used in the education vertical for screening prospective candidates for schools or colleges.
The leading cognitive assessment and training vendors for this vertical are Pearson Assessment and CogniFit.North America is expected to contribute to the largest market share and Asia-Pacific to grow at the highest CAGRNorth America is expected to hold the largest market share and to dominate the cognitive assessment and training market from 2016 to 2021, due to the increasing awareness among population about adopting medication for cognitive diseases.
The new generation in this region is more concerned toward the benefits of cognitive training, which is not just limited to patients with cognitive dysfunctions.
The new report on the Cutlery market provides estimations of the size of the global market and share and size of key regional markets during the historical period of 2015 – 2019.
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The key regions comprise the following geographical segments:North America (U.S., Canada)Latin America (Brazil, Mexico, Argentina, Rest of Latin America)Europe (Germany, Italy, France, U.K., Spain, Benelux, Russia, Rest of Europe)East Asia (China, Japan, South Korea)JapanAPEJ (China, India, Indonesia, Thailand, Singapore, Australia & New Zealand, Rest of Asia Pacific)South Asia & Oceania (India, Thailand, Indonesia, Malaysia, Australia & New Zealand, Rest of South Asia & Oceania)Middle East & Africa (GCC Countries, Turkey, Northern Africa, South Africa, Rest of Middle East & Africa)The detailed assessments focus on, inter alia, on the regulatory and macroeconomic frameworks, prevailing pricing structure, imminent investment pockets, and emerging application areas.
Taking the analysis further, the study helps readers get a better understanding of the trends characteristics of the emerging markets, including government regulations crucial to growth of such markets.
