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FDIC Announces Settlement With American Express Centurion Bank for Unfair and Deceptive Practices

December 25, 2013

Today, the Federal Deposit Insurance Corporation announced a settlement with American Express Centurion Bank, Salt Lake City, Utah, for unfair and deceptive marketing practices related to credit card “add-on products,” in violation of Section 5 of the Federal Trade Commission Act. Together, the FDIC and CFPB will require restitution of no less than $40.9…

SEC Charges Archer-Daniels-Midland Company with FCPA Violations

December 25, 2013

An SEC investigation found that ADM’s subsidiaries in Germany and Ukraine paid $21 million in bribes through intermediaries to secure the release of value-added tax refunds. ADM, which is based in Decatur, Ill., has agreed to pay more than $36 million to settle the SEC’s charges. According to the SEC’s complaint filed in U.S. District Court for the Central…

Roger Dale Strempke (1961 – 2013)

December 24, 2013

Roger Dale Strempke was born on September 11, 1961, in Colorado Springs to Lloyd Strempke and Betty Strempke, who survive him. He married his wife, Sandy Largent Strempke on January 16, 1982, and together they raised their four children, Sarah Nolan, Roger, Jr., Emily Wallace, and Samantha. Roger enjoyed cooking, whether it was for Sunday family dinner, the Boy Scouts,…

Angel MedFlight Brings Michael Henkel, a Bone Marrow Donor, from Germany to Meet Lori McFate in Iowa For a Holiday Homecoming

December 24, 2013

The public voted for five finalists in Angel MedFlight Air Ambulance’ s first Holiday Homecoming campaign, and the public’ s choice was Lori McFate from Bettendorf, Iowa. ”,stated Lori McFate.“ Thanks to Michael’ s good health, unselfishness, willingness and compassion– I am alive today.”. As a surprise gift, born from the generosity of Angel MedFlight’ s owner, Jeremy Freer,…

U.S. Patents Awarded to Inventors in New Jersey (Dec. 24)

December 24, 2013

ALEXANDRIA, Va., Dec. 24– The following federal patents were awarded to inventors in New Jersey. ALEXANDRIA, Va., Dec. 24– Kraft Foods Global Brands, Northfield, Ill., has been assigned a patent developed by Allen S. Aldridge, South Orange, N.J., and James Glydon, Cedar Knolls, N.J., for an “openable and reclosable sealed package for confectionery products.” ALEXANDRIA, Va., Dec. 24–…

Qualification of Drivers; Exemption Applications; Vision

December 24, 2013

DATES: The exemptions are effective December 24, 2013. FOR FURTHER INFORMATION CONTACT: Elaine M. Papp, Chief, Medical Programs Division, -366-4001, [email protected], FMCSA, Department of Transportation, 1200 New Jersey Avenue SE., Room W64-224, Washington, DC 20590-0001. Office hours are from 8:30 a.m. to 5 p.m. Monday through Friday, except Federal…

FDIC Announces Settlement With American Express Centurion Bank for Unfair and Deceptive Practices

December 24, 2013

Today, the Federal Deposit Insurance Corporation announced a settlement with American Express Centurion Bank, Salt Lake City, Utah, for unfair and deceptive marketing practices related to credit card “add-on products,” in violation of Section 5 of the Federal Trade Commission Act. This action results from a review of the Bank’s credit card products by the FDIC…

OCC Assesses $3 Million Penalty Against American Express Bank, F.S.B; Orders Restitution to Customers for Unfair Billing and Deceptive Marketing…

December 24, 2013

OCC Assesses $3 Million Penalty Against American Express Bank, F.S.B; Orders Restitution to Customers for Unfair Billing and Deceptive Marketing Practices. WASHINGTON- The Office of the Comptroller of the Currency today assessed a $3 million penalty against American Express Bank, F.S.B., Salt Lake City, Utah, and ordered the bank to make restitution of…

Athletico Physical Therapy Opens Facility in Palos Heights, Illinois

December 24, 2013

Athletico Palos Heights is located at 7130 W. 127th Street, Suite A. This clinic has state of the art rehabilitation equipment and a welcoming environment to improve the patient experience and encourage the healing process. The services offered at Athletico Palos Heights include Physical Therapy, Orthopedic Rehabilitation, Sports Medicine, Complimentary…

A Return to the Eocene?

December 24, 2013

Global warming has been much in the news lately, as has debate over the extent of its anthropogenic nature. Thus, the tropics were not all that much hotter than now, but palm trees could be found as far north as Alaska. Dawn redwoods and swamp cypress trees prospered on Ellesmere Island, and rain forests in Antarctica.

The Price of Divorce

December 24, 2013

You hoped it wouldn’t come to this, but it has: You and your spouse are splitting up. though you’re likely overwhelmed with the emotional fallout, you need to get your finances in order. “moms tend not to want to fight with their ex about money or rack up legal bills, so they may give up their financial rights prematurely,” says Suzanna de baca, vice president of wealth…

a framework for managing risk-based managed care contracts

December 24, 2013

Given the increasing prevalence of risk-based contracts with purchasers, healthcare finance leaders should consider strategies to assess and mitigate their risk under these arrangements. A growing number of providers are eyeing opportunities to participate in risk-based contracts involving arrangements such as bundled payments, shared savings, and…

Peter Markell: why risk-based contracts are the present and future

December 24, 2013

As pressure mounts to reduce inpatient and some physician office visits, a leading Massachusetts health system has moved toward a growing reliance on risk-based contracts to offset losses from fewer patients. Peter Markell, CFO of Partners HealthCare System in Boston, has helped lead his organization’s move toward contracts that require hospitals and…

Work Life Champions

December 24, 2013

Family-friendly benefits and flexible cultures are the norm at the Working Mother 100 Best Companies. In a new program, senior executives sponsor women and detail the steps that will move them closer to promotion; high performers may be eligible for a fully paid MBA from Columbia, Harvard or other top universities. ChiEf hr OffiCEr Jill Smart.

NEWSMAKERS

December 24, 2013

Lebanon- based Garcia Garman& Shea PC named Lisa M. Kreiser- Cassel a primary member of its audit team. She was an auditor with another Lebanon firm and supervised audits for five years with KPMG Peat Marwick in Harrisburg. San Francisco, Calif.- based URS Corp. named Bradley Newlin manager of its Harrisburg engineering department.

Making the Case for Patient Loyalty in a Changing Marketplace

December 24, 2013

As healthcare costs escalate and payment rates decline, healthcare organizations are continually seeking ways to widen margins. Traditionally, providers have relied on expanding market share to drive revenue. Although that is still a valid approach, the ways in which organizations increase market share are changing.

strategies for achieving orthopedic service line success

December 24, 2013

Whether a hospital can achieve enhanced value in the critical orthopedics service line depends in large part on the strength of the relationship between hospital administrators and the orthopedic surgeons. The orthopedic service line has long been relied upon to bring stability and positive margins to an otherwise volatile mix of services offered by…

putting physicians in the lead for cost containment

December 24, 2013

Some health systems have found early success with initiatives that put physicians in charge of lowering the cost of the care they provide. Hospitals and health systems at the front of the recent push to closely engage physicians in controlling healthcare cost growth report some early success with those efforts. “When 1 think about the key role of physicians, by…

facility-borne illness poses environmental risk in hospital construction

December 24, 2013

The ongoing demand for cutting-edge healthcare services continues to drive the need for new healthcare construction in the United States despite recent volatility in the overall trend of the healthcare construction industry, largely attributable to healthcare reform. Hospital executives recognize that new construction and renovation projects hold…

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