Deirdre Baggot Is Changing Healthcare and How We Think of Bundled Payments

Deirdre Baggot is an extraordinary leader in healthcare and payment innovation. She started out getting her Bachelor of Science in Nursing at Southern Illinois University then went on to the Loyola University Graduate School of Business where she earned her Master of Business Administration. The natural next step for her was the University of Pennsylvania Wharton School of Business for a Certificate in Healthcare Leadership. To top off her education she continued on and got her Doctorate of Philosophy at the University of Colorado. Learn more on Inspirey.com

Fresh out of nursing school her career began at the North Western Memorial Hospital in Chicago. She worked there for 6 years working up to managing the administration group. From there she changed over to the University of Michigan Health System taking on Business Analyst and Administrative Manager duties. Here is where she sharpened her skill set in payer contracting and business development. Continuing with Deirdre Baggot’s career in leading healthcare she moved to Colorado for a time leading over 400 people then accepted a position at GE Heathcare Partners in Las Angeles, California. Deidre Baggot quickly became Senior Vice President targeting payments that altogether totalled 6.6 million in revenue. She continues to be an expert in her field and has helped over 200 hospitals implement new payment systems.

Deirdre Baggot has carved a niche where there is much need. She has written 20 papers and given speeches about improving our healthcare system by limiting wasted charges and bundling episodes of care together. She has been featured on Planet Money, All Things Considered, and the National Public Radio Morning Addition Show.

Deirdre Baggot realized that the whole healthcare system and payment system needed a big change. Payment plans are based on quantity not quality, which leaves room for errors of repeat tests and bad patient care. This is nolonger an acceptable way. In her talks she advises healthcare workers about taking the bundled payment plan system approach. As word spreads across the country, more and more healthcare organizations are putting into effect her bundled care payment system. Deirdre helps healthcare organizations target problem areas while they are adapting to the new payment method so they can transition smoothly. Medical errors are the third leading cause of death in the United States, proving there is much room to improve the system. Giving Americans access to preventative healthcare and emergency medical care is largely in part due to the Affordable Care Act. This has shown better results for patient care. People overall are living longer and healthier.

View: https://vimeo.com/deirdrebaggot

 

WHY SAHM ADRANGI’S KERRISDALE CAPITAL TOOK A SHORT POSITION ON ST. JOE COMPANY

According to Kerrisdale Capital, whose founder and CIO is Sahm Adrangi, St. Joe Company which is currently valued at $ 1 billion, is over-valued. The firm recently released a report which explains why it is shorting, saying that much of the land developer’s holdings are swampy, remote and unlikely to be developed soon. Some of the places the developers claim to have potential are desolate wastelands.

St. Joe Company’s value has been rising as it implements its 50-year plan seeking to develop large tracts of land near Panama City Beach. However, this plan, dubbed Bay-Walton Sector Plan,’ has hit numerous roadblocks and has not experienced real development in more than ten years. Moreover, the last time the plan received any blessing from state or local agents was in 2015, and also no public hearings have taken place, and no permits have been filed recently.

Furthermore, Fairholme Fund which owns $ 410million worth of St. Joe stocks in the form of 22.7 million shares (which is 24% of Fairholme assets) will have to limit its illiquid investments to 15% of net assets. To comply with new SEC regulations, Fairholme has to divest 10 million shares worth $ 180 million in 150 days, without ever affecting the price. Without these 150 trading days left before the December 1st deadline, there’s no time for an orderly unwind.

Sahm Adrangi also says that the partnership between St. Joe and Fairholme is rife with danger as Bruce Berkowitz, Fairholme fund manager, is the chairman of the St Joe board with two other directors also sitting on the same board. This opens up a possibility of a conflict of interest litigation, and in case the two directors leave the board, Kerrisdale anticipates a negative market reaction.

For St. Joes to keep its $ 1 million valuations, every year it would have to develop 2700 home-sites, 400k square feet of commercial space and become the best-selling master-planned community in the US. This is nearly impossible, and for this reason, among others, Sahm Adrangi is going short.

https://interview.net/who-is-sahm-adrangi/

OSI Industries’ Unlimited Growth Capabilities

When it comes to comparing all of the food service providers/suppliers, there is one company that comes out on top. This company is known as OSI Industries, and it has been able to evolve into a juggernaut. OSI Industries’ strength is located in its capability. This Illinois-based company is one of America’s largest private companies, and it brings in billion per year. It has also worked with some of the most prominent brands in modern-day society, including KFC, Subway, Starbucks, Papa John’s Pizza and Burger King. Back in the 1950s, it secured a deal to work with one of industry’s most up-and-coming hamburger chains. By working exclusively with McDonald’s, it had to match McDonald’s growth because the hamburger giant was growing at an alarming rate.

As McDonald’s continued to grow, OSI had to open a facility that provided all of the necessary goods to supply this hamburger giant. In 1973, OSI Industries opened its first plant in West Chicago, a suburban neighborhood, which catered to McDonald’s needs. At this point in time, the company had manifested into a food wholesaler, and it’s popularity began to soar. OSI would go on to open facilities all across the US in numerous regions, including:

• Fort Atkinson, Wisconsin

• West Jordan, Utah

• Oakland, Iowa

• And more

The cryogenic revolution has also played big role in company’s success as its meats could travel to much farther distances without spoiling. Out goes the old guard and in comes the new guard. OSI Industries was now a global company and Sheldon Lavin took over as the new CEO. This man is well-educated in finance, and he has a B.S. in Business from Roosevelt University. Sheldon Lavin and David McDonald, the president of OSI, went on an acquisition blitz. As of today, OSI Industries has acquired stake in prominent businesses like BAHO Food and Flagship Europe.

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Equities First Holdings In Australia Shows Speed And Flexibility

Equities First Holdings of Austrailia is pleased to announce the expansion of their business. They have relocated their Australian branch in Melbourne to a more suitable locale due to increased business. They have also added staff members to accommodate their growing number of clients.

The primary pursuit of Equities Frist Holdings is providing an alternative source of capital for those individuals seeking to invest in hot projects. These could include personal stock purchases, business expansion, or any other use of capital. This ability to move quickly for their clients with minimal oversight is what makes the company special.

Known as an international lender they also have offices in several cosmopolitan cities around the globe. They are located in the United Kingdom, Thailand, Switzerland, and the United States as well. The ease and fluidity in which Equities First approaches business allows them to help their customers accomplish both professional and personal goals.

Their history shows they’ve been successfully operating for more than 15 years. They have over 700 transactions to their credit indicating longevity which speaks well of the distinctive opportunities that they provide. A 24 hour response time also indicates the speed of their business isn’t an obstacle for those who need to move quickly.

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OSI Food Solutions Doubles Chicken Production

OSI Food Solutions

OSI Food Solutions incorporated a high-capacity production line so that they could boost chicken output. The improvements took place in their Toledo, Spain plant. The 2017 renovation was said to incur 17 million euros. Before the establishment of this plant, OSI Group produced 12,000 tons of chicken. Since then, the number has doubled.

The increase in the output of chicken means an increase in the overall production of the company. According to an executive from OSI Group, the company will produce 45,000 tons of chicken, beef, and pork products annually. Additionally, the increase will boost the economy locally by providing 20 more additional jobs. The plant initially had 140 posts before the expansion and high capacity increase if chicken. The 20 jobs will incorporate the positions of managerial product development who will be responsible for managing the high-capacity production of chicken.

Reasons Behind the Increase in Chicken Production

In Fact, the OSI Group Manager in that region stated that the need for chicken was increasing by eight percent during the past three years. With these reasons, OSI food solutions decided to double production of chicken to adjust to the demand.

OSI group decided to expand Spain’s plant by adding 22,000 square feet as a working space. Moreover, the firm also built a new production hall to feature the high-capacity production. The firm has also availed new facilities for shipping and receiving, supply storage, service areas, refrigerated rooms, and a social area for employees. With regards to the high-volume production of chicken, OSI group has established a new testing kitchen designed for improving products.

According to the OSI Food Solutions, Chief Operations Officer, David McDonald, the increase in production gives the firm an opportunity to add innovative products to its portfolio. Also, the Chief Operations Officer was delighted that the firm would add more job opportunities thus developing the economy. Apart from the expansion in Spain’s Plant, OSI Group recently purchased the former Tyson food Plant based in Chicago. This is with the aim of expanding their operations in North America. Moreover, OSI Group established a new plant in California to process beans. Also, there were expansions in the United Kingdom and Germany.

David McDonald is the President and Chief Operations Officer of OSI Group. Sheldon Lavin is the Chief Executive Officer of the firm, and they have cordial and working relations with David McDonald.

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Talos Energy Debuts On The NYSE Following Merger With Stone Energy

Offshore oil and gas company Talos Energy has begun publicly trading on the New York Stock Exchange in the aftermath of its $2 billion merger with Louisiana-based Stone Energy Corporation. Prior to the merger, Stone Energy Corporation, founded in 1993, had filed for bankruptcy protection, following a precipitous collapse in oil prices in 2016 resulting from a rapid acceleration of global surpluses of crude oil.

Houston-based Talos had previously intended to go public through an initial public offering, but the oil glut that led to Stone’s bankruptcy filing put those plans on hold. As Stone Energy was already being publicly traded on NYSE, the acquisition of a controlling interesting in the company meant Talos could go public without filing for an IPO as is common and was originally envisioned. The company now trades under the ticker “TALO”, and owns 63 percent of the merged company, with Stone shareholders controlling the remainder.

The deal sees the merger of two large offshore energy entities that operated in and around the Gulf of Mexico, and comes in the wake of Talos’ July 2017 “Zama discovery”, which saw the company discover an oil field along the southern coast of the Gulf of Mexico containing an estimated 2 billion barrels of crude oil. The find has been calculated to be one of the largest discoveries of shallow-water fields in the last two decades, and is expected to yield as many as 425 million barrels of usable crude oil.

In a statement announcing the merger and the new public status of his company, Talos founder and Chief Executive Officer Tim Duncan touted the oil producer as being “very well positioned to capitalize on its high-quality asset portfolio and returns-focused capital programs in the U.S. Gulf of Mexico and offshore Mexico.”

Talos Energy was founded in 2012 by Duncan with the financial aid of private equity giants Riverstone Holdings and Apollo Global Management. Operating in the Gulf Coast and the Gulf of Mexico, the company is headed by a management team with an average thirty years of experience in the energy industry.

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Addressing The Importance Of Fortress Investment Group

The beginning

It all started when Randal Nardone founded Fortress Investment Group as a Private Equity Firm in 1998. He is the current principal of the still, thriving company. Fortress Investment Group achieved immediate success from the start. They managed to get their assets, which were under management; from 400 million to nearly 3.9 Billion, in its first five years after the foundation was acquired. Many of the first investments Company that were made here had to do with real estate. Focusing on two markets; New York City and Toronto. Then leading to the investment of Hedge Funds and Debt Securities, continuing the incredibly fast pace of their run.

Journeys were made for the strong

This company distinguished itself from the pack, by being the first company to have alternative assets as an option in an investment firm. Soon after this bold move; many, many other investment firms decided to follow the leader of the now “alternative asset and investing firm” pack. After 10 solid years of being number one in their game, they finally ended their journey with the sale of the firm at a price of 3.3 billion.

Mr. Nardone

Even after being purchased; Randal Nardone still continues his role as one of the three principles at Fortress Investment Group. Demonstrating how much he really does admire the fruits of his labor, while still enjoying the grind. The current Chief Executive Officer is Randal Nardone, He has been its CEO since 2013 after he had already served as interim CEO for over a year before this. It doesn’t stop there, he also serves many other roles: such as leadership positions at Eurocastle Investment, FMA LLC, FIG LLC, FM Falstaff Advisors, Impac Commercial Holdings, Seacastle, Florida East Coast Railway, Newcastle Investment Holdings, and Springleaf REIT.

Fortress Investment Group

FIG is a true success story indeed, they are pioneers paving the way for the future. Showing no signs of mediocrity, this significant group of people continued an incline of growth for the course of over 10 years; since establishment. We all know that first impressions last a lifetime, Fortress Investment Group Have been fighting an uphill battle; showing no sign of slowing down. If you want something to happen, you have to go get it, no one is going to make it happen for you. This group of people demonstrates this concept to a T.

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Tony Petrello Uses Unique Abilities To Find American Dream

In the high-stakes corporate business world, few executives have a story as compelling as that of Tony Petrello. His story began with humble beginning after being born to a working-class family in Newark, New Jersey. From these beginnings, Petrello would rise to the status of heading the most lucrative drilling company operating on land in the world and playing a central role in the funding research in the hundreds of millions of dollars in search of a cure for a neurological disease.

The beginning of the Petrello rise began with a stellar academic background. In high school, Tony Petrello became a folk hero of sorts from displaying the incredible mathematical abilities he possessed. His impressive abilities were noticed by Yale University and he was offered a scholarship and the unique opportunity to at a mentorship by the brilliant mathematician, Serge Lang.

Once leaving Yale with a bachelor’s and master’s degree, along with his soon to be wife, Tony Petrello surprised all that knew him by foregoing a career in mathematics and choosing instead to turn his attention to the law field. He would turn to Harvard Law School to gain the education he needed.

Tony Petrello joined the Baker and McKenzie law firm in 1979 where he specialized in arbitration and taxation. Tony Petrello’s performance with the company was rewarded by his being made the managing partner of their New York Division.

While working with Baker and McKenzie, Petrello performed duties for a company known as Nabors Industries. Nabors, which was founded in 1968, is involved with natural oil and gas drilling on land and is on the S&P 500 list.

Tony Petrello made such an impression with Nabors while providing services to the company that the appreciation felt by higher-ups with the company shown itself with a job offer. Petrello resisted at first but eventually accepted a position with Nabors in an executive capacity.

Tony Petrello became the Chief Operating Officer at Nabors in 1991. This was one position below CEO and Petrello would further cement his position with the company later the same year when he accepted a seat on the Nabor’s board of directors as well as a position on the executive committee of the board.

Petrello would become President of Nabors Industries in 1993 and CEO in 2011.

Tony Petrello and his wife Cynthia became parents to a daughter Carena who was born with cerebral palsy. This has led to a major philanthropic mission by the couple that has resulted in money being raised in the hundreds of millions.

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Tony Petrello Gets Nabors Industries Involved In Hurricane Harvey Cleanup

Tony Petrello has usually deployed man power to build new wells and open new oil shafts, but when the deadliest storm on record, hurricane Harvey hit Houston and the rest of the Texas coast, he sent it to help with cleanup. Petrello runs one of the world’s largest drilling companies as Chief Executive Officer  of Nabors Industries, and though tough deadlines have to be met for production, he understood the importance of keeping everyone safe and making sure they had time to address any issues at their homes. But he also decided to pay any employees who volunteered to help rescue and cleanup teams overtime pay. Petrello opened up a public donation page to raise money for all victims affected by the damage which raised over $170,000.

Tony Petrello has quite a track record managing a major publicly-traded company. Nabors Industries owns some of the highest rated rigs and has invested a lot into new computer-operated rig technology. High end data analytics are also employed in its drilling operations. Petrello also led a big acquisition this last year to integrate the technologies of Tesco Corporation with Nabors Industries as part of a stock merger, and there will now be new drilling sites opened with the new SANAD venture Nabors entered with Saudi Aramco.

While Tony Petrello is most known for making major stock and drilling deals, he has several accomplishments made before he joined Nabors Industries. His childhood and college story of being a mathematics genius is told by his former roommate Lloyd Grove of the Daily Beast. He often solved mathematics problems on paper napkins during lunch breaks at school, and while he was attending Yale he was a protege of mathematician Serge Lange. After leaving Yale, Petrello decided law was where he wanted to go, so he completed law school and joined the New York law firm Baker & McKenzie in 1979. He became a partner there in 1986 and stayed on until 1991 when he moved to Houston to become Chief Operating Officer of Nabors. Petrello was appointed CEO in 2011 and was given the role of chairman one year later. Other little known details about Petrello include being a friend of Broadway actor Tommy Tune and having him over at his house for a reception. He also serves as a trustee to the Texas Children’s Hospital where he’s given $7 million to fund neurology studies and initiatives for genetics cures.

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OSI Industries’ Dominance In Foriegn Markets

The United States is home to one of the leading foodservice suppliers in the world. This food supplier’s logistical magnitude is extensive as it can reach just about every continent. OSI Industries is the name and providing a copious amount food products is its game. The success of this company comes via multiple pathways. This includes having a knowledgeable staff, having multiple offices in various locations and by offering a multitude of services. OSI Industries has expanded it reach in the foreign-foodservice market by acquiring BAHO Food. This Dutch-manufacturer produces high-quality convenience foods, snacks and deli meats. Though there were no financial terms disclosed, OSI will definitely broaden its scope through the European nations.

This brilliant acquisition will help OSI Industries expand into 18 different nations. Since BAHO Food has five subsidiaries, OSI will be in control of the subsidiaries, which includes Bakx Foods, Q Smart Life, Vital Convenience, Gelderland Frischwaren and Henri van de Bilt. John Balvers, managing director of BAHO Foods, stated that he was excited about becoming a part of OSI Industries. Both of these two entities have a lot in common, and they share some of the same goals. In addition to this acquisition, OSI Industries has gone out and acquired stake in the prestigious Flagship Europe. Flagship Europe has a reputation of excellence, and it provides a wide variety of sauces, dips, marinades, dressings and frozen poultry. This specific company even participates in a food-to-go sector. With these increased resources, OSI Industries will have full-access to many more clients.

In 2017, OSI Industries embarked on another progressive project. This project just so happened to be worth $17 million. A new high capacity production line was added to one of its plants in Toledo, Spain. This addition will definitely bring-in more efficiency for the processing of chicken and beef products. OSI Industries is living the American dream, and it will certainly continue to lead by example.

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