On the surface, the concept of an OZ investment seems like a no-brainer for an investor looking for excellent tax benefits and returns with minimal involvement. But if you dig deeper, you discover that communities will benefit greatly from these investments.

COLUMBUS, Ohio (PRWEB)
December 19, 2019

Beacon Hill Investment Advisory is pleased to announce the establishment of The Nest Opportunity Fund for investors in Central Ohio. The Opportunity Zone (OZ) investment program is designed to deliver a significant return on investment while providing a valuable service for low income residential areas. The OZ targets single-family and smaller multi-family homes for renewal and works closely with the communities to maintain the culture and character of the individual neighborhoods.

“The real estate we focus on is located in Midwest cities with favorable demographics that include stable and diverse employment, potential for population growth, and other criteria including advantageous pricing and rent,” said Clint Edgington, Partner, Beacon Hill Investment Advisory.” We partner with thoroughly vetted, respected contractors who specialize in managing multiple property upgrade projects at once. These homes are built to last, complete with solid wood cabinets, upgraded appliances, tankless water heaters and a catalog of other amenities to help improve the lives of residents.”

The OZ Investment program works like this. Normally, a profit resulting from the sale of an asset is taxed at a maximum capital gains rate of 20 percent. However, in 2017, Congress passed legislation that gives taxpayers the option of deferring payment of capital gain taxes until the end of 2026 by putting that profit into an OZ Fund that reinvests the proceeds. If invested for five years, original capital gains tax liability is reduced by 10 percent, with an additional five percent if proceeds are invested for seven years. The amount of tax deferred becomes due and payable in 2026. If the OZ Fund investment is held for at least ten years, then the Fund’s sale of its OZ property will be treated by the IRS as 100% tax-free. All OZs are scheduled to expire at the end of 2028, but investments made prior to this expiration date will continue to accrue tax-free gains until 2047.

“On the surface, the concept of an OZ investment seems like a no-brainer for an investor looking for excellent tax benefits and returns with minimal involvement,” Edgington continued. “But if you dig deeper, you discover that communities will benefit greatly from these investments. In addition, we’ve also secured grant funding in a public/private partnership.

It’s a win-win for everyone. Investors should recognize, however, that not all OZ funds are created equal. As always, they should carefully review investment decisions with trusted advisers.”

To receive the full benefit of the OZ Fund, investors must invest by year-end 2019. To learn more about the OZ Fund opportunities offered by Beacon Hill, go to nestopportunityfund.com.

About Beacon Hill Investment Advisory

Since 2008, Beacon Hill has built a reputation of excellence by providing a high level of advisory and family office services to its clients. The firm is dedicated to not only helping clients achieve their financial goals, but also to simplifying their finances – from retirement planning, to public/private investment holdings, to business planning and tax planning. Visit http://www.beaconhilladvisory.com and http://www.nestopportunityfund.com for more information.

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Jason Barker

We pair truly gifted doctors with outstanding operations leaders at every level of our company.

MIAMI (PRWEB)
December 19, 2019

ChenMed, a nationally recognized physician-led primary care provider serving seniors in eight states, today announced the next step on its rapid path to deliver better primary care to at-risk seniors in underserved communities throughout the United States. The physician-owned company that recently announced 2020 plans to enter five new cities in two more states, is promoting Jason Barker, for his record of success, to serve as ChenMed chief operating officer (COO). The pairing of Barker’s strong operational leadership skills with the time-tested clinical leadership abilities of ChenMed’s chief medical officer (CMO), Gordon Chen, M.D., will now extend the organization’s proven dyad leadership structure throughout its nearly 80 centers, 19 markets and three regions to the ChenMed executive team.

“ChenMed’s success as a primary care provider rests on the bedrock of the dyad leadership structure we’ve maintained for more than 30 years,” says Christopher Chen, M.D., ChenMed CEO. “We pair truly gifted doctors with outstanding operations leaders at every level of our company. Together, they consistently drive the nimble and effective decision making that fuels outstanding relationships with and better health outcomes for our patients.”

“Net Promoter Scores consistently show how incredibly happy ChenMed patients and clinicians are,” Dr. Chen adds. “I know the close COO/CMO collaborations of Jason and Gordon will help us keep rewarding seniors with more healthy days and outstanding customer service. Plus, they’ll see to it that our primary care physicians keep loving their ChenMed careers.”

Barker will assume his new COO role on January 1, 2020 and will join ChenMed’s CMO in bringing collaborative executive leadership support for the company’s regional, market, and center-specific dyad leaders, as well as to key centers of excellence (COEs) – all to better support the exceptional ChenMed primary care physicians providing personalized primary care to diverse populations of seniors. Both CMO and COO will continue to report directly to ChenMed CEO, Dr. Christopher Chen, who will focus more of his energies on the strategic activities and initiatives that further advance ChenMed’s vision.

Barker has 30 years of healthcare experience — leading hospitals, medical groups, independent practice associations (IPAs), and health plans. Plus, his prior experience includes launching several risk-based contracting entities, including IPAs, physician-hospital organizations, Medicare Shared Savings Program ACOs, and Next-Gen ACOs. Having joined the ChenMed family of companies over three years ago, Barker’s recent accomplishments include:

• Effective oversight for many of ChenMed’s most successful centers
• Achieving consistently strong results while simultaneously developing great relationships with his team and colleagues throughout the organization
• Transforming ChenMed Operations and Transportation centers of excellence into business units adding tremendous value in all ChenMed markets
• Enhancing ChenMed’s robust, multi-faceted, practicum-based training program for new and existing leaders to better prepare them for success in a value-based provider organization

More time with patients means better outcomes

The proven ChenMed approach is simple and vital to Medicare-eligible seniors, many of whom are living with major and multiple chronic health challenges. ChenMed primary care physicians average 10 times more face-to-face time with their patients than a typical physician does. Instead of the national average of just 20.3 minutes of direct time yearly with patients, ChenMed patients in Florida, Georgia, Illinois, Kentucky, Louisiana, Ohio, Pennsylvania, and Virginia already benefit from average time with their doctor exceeding 200 minutes annually. Soon, underserved seniors in Cincinnati, Cleveland, Memphis, Orlando, and St. Louis also will benefit from this same level of highly personalized primary care at 20 new Dedicated Senior Medical Centers opening in 2020.

Important ChenMed patient benefits include:

• Door-to-doctor transportation, if necessary.
• Having the cell phone number for his/her ChenMed primary care physician for timely and informed help whenever a health concern might arise.
• Walk-in appointments.
• Unlimited visits.
• On-site cardiology, medication dispensing, imaging, labs, acupuncture, and more.
• Healthy lifestyle classes.
• Almost all costs of care covered by fixed Medicare and/Medicaid reimbursements that are enhanced by Medicare Advantage supplemental insurance.

About ChenMed

For seniors most in need of care, high-quality health care often is beyond reach. ChenMed brings concierge-style medicine — and better health outcomes — to the neediest populations. ChenMed is a privately owned medical, management and technology company that currently operates 59 primary care medical practices for diverse populations of seniors. A provider of choice for some 20 Medicare Advantage health insurance plans, ChenMed brands include Chen Senior Medical Center, Dedicated Senior Medical Center, and JenCare Senior Medical Center.

Results of ChenMed’s high-touch approach to primary care are impressive, as illustrated in the Modern Healthcare cover story (Oct. 20, 2018), which reports, “Indeed, ChenMed’s approach has resulted in 50 percent fewer hospital admissions compared with a standard primary-care practice, 28 percent lower per-member costs and significantly higher use of evidence-based medications.”

Inspired by ChenMed Chairman and Founder James Chen, M.D., Ph.D., the company has been serving low-to-moderate-income seniors with multiple complex chronic conditions for over 30 years. The company’s passion for community service was recently underscored when ChenMed recently invested more than $500,000 on one day to underwrite more than 9,000 employee hours of volunteer work completed for outstanding community organizations. Learn more about the high-growth company by visiting http://www.ChenMed.com.

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“My father lived a vibrant, extraordinary life, embracing and enjoying each day to its fullest for more than 93 years. He will be deeply missed by many but his spirit will endure through the indelible stories and memories he leaves behind in all of us,” said Mindy Holman.

MOUNT LAUREL, N.J. (PRWEB)
December 18, 2019

Holman Enterprises, a global automotive services organization, is saddened to announce the passing of Chairman Emeritus Joseph S. Holman on Thursday, December 12. Joseph (Joe) Holman, 93, led the evolution of the family-owned business, which was founded by his father Steward C. Holman, from a single Ford dealership in New Jersey into an international automotive services organization comprised of seven business units before eventually passing the torch to his daughter Mindy Holman.

“My father lived a vibrant, extraordinary life, embracing and enjoying each day to its fullest for more than 93 years. He will be deeply missed by many but his spirit will endure through the indelible stories and memories he leaves behind in all of us,” said Mindy Holman, Chairman of the Board, Holman Enterprises. “My family and I have been incredibly blessed to work alongside my father for so many years as he taught us about the privilege and responsibility of stewarding a family business. He treated employees, customers, business partners, and the community like part of his own family and together, we will continue to live the Holman Way and build upon his legacy.”

Son of Katherine and Steward, Joe Holman grew up in Southern New Jersey along with his sister Eleanor, graduating from Merchantville High School in 1944. Following his high school graduation, Holman enlisted in the Navy, where he achieved the rank of Radio Electronics Technician, 3rd Class.

After completing his service with the Navy, Mr. Holman attended Princeton University where he played varsity basketball for four years. While playing for legendary coach Franklin “Cappy” Cappon, Mr. Holman was named team MVP twice, and in his junior year, the team captured the Ivy League title. Mr. Holman would go on to graduate from Princeton University in 1950. Shortly after his graduation from Princeton, Mr. Holman would marry his high school sweetheart and soon-to-be wife of 59 years, Jean Preston Polk. Together, the couple raised three children, their sons Jeff and Steve and daughter Mindy.

Following in his father’s footsteps, Joe Holman joined the family business in July of 1950. During the next sixty-nine years, Mr. Holman oversaw the transformation of his family’s business from a single Ford dealership in Maple Shade, New Jersey, to one of the premier automotive organizations in the industry. Today, Holman Enterprises is comprised of seven business segments that support diverse sectors of the automotive industry, employing nearly 7,000 people.

“Words cannot begin to express our collective sadness for the passing of Mr. Holman. He truly embodied the core values that have guided our company for 95 years and his memory will continue to inspire the entire organization for many years to come,” said Carl Ortell, CEO, Holman Enterprises. “His unwavering passion for life, his family, our people, the community, and his company will forever be the foundation of our organization.”

While sure to be remembered as a remarkable businessman, many will point to his kindness, humility and true love for his “people” (a term he would always use instead of employees because to him, employees were always people first) as Holman’s most endearing hallmarks. Up until mere days before his passing, Holman was a constant fixture at the various Holman Enterprises locations and he enjoyed nothing more than connecting and engaging with his colleagues.

The company plans to honor Joe Holman’s legacy during private arrangements for employees in the days ahead and public services later this week. In lieu of flowers, memorial contributions may be made to Urban Promise, P.O. Box 1479, Camden, New Jersey, 08105.

About Holman Enterprises

Holman Enterprises is a global organization that has provided trusted automotive services for 95 years by training, empowering, and rewarding exceptional people; by earning the loyalty and exceeding the expectations of each and every customer; and by giving back to the communities that support their success. Headquartered in Mount Laurel, New Jersey, Holman Enterprises is comprised of seven business segments that support diverse sectors of the automotive industry: Holman Automotive, one of the largest privately-owned dealership groups in the U.S. with 36 dealership franchises representing 17 brands; Steward Financial Services, an automotive retail finance company; Holman Insurance Services, a commercial and consumer insurance services company; Holman Parts Distribution, a national multi-brand powertrain parts distributor; Auto Truck Group, a truck up-fitting business; ARI, the largest privately-owned fleet leasing and management company in North America; and Holman Strategic Ventures, Holman’s corporate venture capital and innovation team. For additional information, please visit HolmanEnterprises.com.

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CHICAGO (PRWEB)
December 18, 2019

The Surge Institute has announced the introduction of the Surge Chicago and Surge Oakland local boards. With vast experience in the nonprofit and education sector, these seasoned leaders will help in further building the Surge movement on the local level in the current cities Surge operates. In addition, they will play a vital role in supporting the organization’s ongoing development in collaboration with the Surge leadership team and Board of Directors. The boards are as follows.

Surge Chicago board:

• Sol Flores, Deputy Governor, State of Illinois
• Michele Rogers, Clinical Assistant Professor, Executive Education and Director, Chicago Partnerships, Kellogg School of Management
• Stuart A. Taylor II, Chief Executive Officer, The Taylor Group

Surge Oakland board:

The histories and spirits of the fellowship cities, Chicago and Oakland, are at the foundation of Surge and the organization’s why in this work. As a milestone for the Surge Institute, the organization is thankful for these leaders who will be offering their time, talent and treasure in support of the Surge movement. This announcement is an important next step in continuing to unlock the power that lies within the education leaders in these communities.

To learn more about the Surge Institute, visit http://www.surgeinstitute.org and follow Surge on social media @SurgeFellowship and @SurgeOakland.

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Front (left to right): VP of IT Managed Services Trevor Akervik and VP of IT Sales Operations Matt Kanaskie;

Back (left to right): VP of IT Services Steve John and CTO Clay Ostlund

This will ensure Marco is well positioned to execute on its goals of expanding within our current markets, and efficiently and effectively delivering our services to clients.

ST. CLOUD, Minn. (PRWEB)
December 18, 2019

Marco’s leadership team is growing with four new promotions to help expand and enhance the company’s offerings. The changes include a new chief technology officer and three new vice presidents in information technology and sales.

“These promotions are well deserved and are a catalyst for our undeniable growth as a company,” CEO Jeff Gau said. “This will ensure Marco is well positioned to execute on its goals of expanding within our current markets, and efficiently and effectively delivering our services to clients.”

Clay Ostlund was named Marco’s chief technology officer after 10 years with the company. In his new role, he will be responsible for selecting all technology solutions to ensure the company’s offerings are current and innovative. Ostlund was also recently named to Prairie Business Magazine’s 40 under 40 list.

Trevor Akervik was promoted to the vice president of IT managed services and is a 19-year veteran at Marco. He was instrumental in creating Marco’s managed services – an offering that has grown to almost $70 million in revenue. In his new role, Akervik will be accountable for evaluating and expanding the company’s managed services.

Steve John will take on the role of vice president of IT services bringing 30 years of industry experience to the position. John will be responsible for service growth, profitability and customer satisfaction by improving processes and communications.

Finally, Matt Kanaskie was named vice president of IT sales operations responsible for sales execution. Kanaskie developed Marco’s cloud communications service offerings, and has a proven track record of taking on new challenges and executing them successfully.

These promotions follow other recent leadership changes within the company. This fall, James Bainbridge was promoted to vice president of finance and Doug Albregts was named president.

About Marco

Marco is one of the largest technology providers in the country with offices in 12 states servicing customers across the nation. Marco specializes in business IT services, copier/printer solutions and managed and cloud services. Their technology experts break down complex solutions into simple terms to position your business for success. Learn more at marconet.com.

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(l-r) Ron Herzog, Bob Farkas, Jeff Herzog

“I looked at several different potential business opportunities… In my assessment, an FPC franchise hits that ball out of the park on all four including the offering of continued operational support through life of franchise ownership.”

NEW YORK (PRWEB)
December 18, 2019

F-O-R-T-U-N-E Personnel Consultants (FPC) a nationwide network of 65 franchised executive recruitment offices, announced the opening of FPC of Sedgwick, KS. Owned by Bob Farkas, FPC of Sedgwick will specialize in Logistics, Supply Chain and continuous improvement within Distribution and Manufacturing companies.

Bob brings over 23 years of military and civilian experience. He will be responsible for projects that include executive search, custom talent acquisition projects, talent pipeline assessment and management, hiring process evaluation, process mapping and succession planning.

Bob has held senior-level positions within the Air Force as well as a Booz Allen Hamilton defense contractor and small business consultant. He graduated from The University of Florida with a BA in Criminal Justice and earned an MS in Human Resource Management from Troy University.

On why he chose to join the FPC network Bob says, “I looked at several different potential business opportunities and I focused on four principles: People, Product, Passion and Profitability. In my assessment, an FPC franchise hits that ball out of the park on all four including the offering of continued operational support through life of franchise ownership.”

“We are really excited to have Bob join the FPC family. His background, process orientation, military network, personality, energy and drive will help him to be an important asset to companies looking to add talent in Logistics, Supply Chain and Operations Leadership. Companies will be able to leverage his extensive experience, contacts and knowledge. His passion for process improvement and efficiency will be a perfect complement to the rest of our franchise system and will enable us to tap into different groups of executives and assist new, cutting edge clients.” said Jeff Herzog, President of FFC, the franchisor of FPC.

Contact FPC of Sedgwick at 316-347-8868, via email at bfarkas@fpcsedgwick.com,

LinkedIn, or visit http://www.fpcsedgwick.com.

About FPC

FPC is a leading national executive search firm comprised of more than 65 franchised offices. FPC offers job seekers access to its nationwide network of professional executive recruiters and job opportunities in many industries and disciplines as well as providing job search information and assistance. The company has been providing win-win recruiting solutions since 1959. Advocates for both clients and candidates, FPC recruiters are committed to bringing together the right individual with the right opportunity. For further information about FPC, call 800-886-7839 or visit us at http://www.fpcnational.com.

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