Category Archives: Industry: Healthcare

Healthcare is an ever evolving industry, and field. These Press Releases, will keep you up to date on the newest, greatest, best, solutions available.

Ziegler Link-Age Academy, an expanded and improved version of our Demo Thursday Programming


“We are passionate about supporting our investors not only by generating financial returns, but by being catalysts for change and breaking new ground in advancing solutions for older adults,” stated, Dan Hermann, President and CEO and Head of Investment Banking at Ziegler.

The Ziegler Link•Age Funds are excited to announce the Ziegler Link-Age Academy, an expanded and improved version of our Demo Thursday Programming.

The Ziegler Link•Age Funds invest in early to mid-stage, emerging-growth companies that are operating in or developing businesses focused on either the aging or post-acute care markets. The investors in the funds consist primarily of organizations across the healthcare, senior living, and aging services landscape that have a significant interest in finding innovative solutions to improve the independence, quality and cost of care, and overall lives of the aging population.

Thus, the Ziegler Link•Age Funds have worked to facilitate collaboration amongst up-and-coming tech entrepreneurs in the space and the companies they hope will become their customers, by hosting periodic series of weekly, web-based demonstrations of new and interesting technologies that could be used in the context of a senior living community or other healthcare organizations.    With the release of the Ziegler Link-Age Academy, the program will continue to feature up-and-coming technology companies, but will add educational sessions, thought leadership and presentations from the funds’ portfolio companies.

Ziegler Link-Age Academy will now host webinars on Wednesdays with a target of 30 per year. The format will remain consistent with 25-35-minute presentation, followed by 15-20 minutes of Q&A. The events will remain exclusive to investors in the funds.

John Hopper, the Chief Investment Officer of the Funds, stated, “We have been pleased to present 99 different Demo Thursday presentations during the life of our funds. We have seen innovative companies and unique solutions so our investors can gain insight to what the future might look like for healthcare. With the new year, and feedback we have received we have made some enhancements to our program and our approach, and are excited to launch the Ziegler Link-Age Academy in March of 2020.”

Dan Hermann, President and CEO and Head of Investment Banking at Ziegler, stated, “Our Demo Thursday programs have helped our investors remain informed of the newest, most relevant technologies and services in an ever-changing healthcare landscape, while at the same time supporting growing companies reach their targeted customers. The Ziegler Link-Age Academy will build on this foundation to also provide research and perspectives on the latest challenges and opportunities facing our industry” Mr. Hermann continued, “We are passionate about supporting our investors not only by generating financial returns, but by being catalysts for change and breaking new ground in advancing solutions for older adults.”

About the Ziegler Link•Age Funds:

The Ziegler Link•Age Funds are a fund family consisting of two funds that seek to invest in companies who are improving aging and post-acute services in the United States and around the world. The funds, with over $60 million in assets, seek to invest in growth companies who are able to dramatically improve the healthcare IT or healthcare services landscape for our aging population. The Fund’s Limited Partners include many of the most innovative and progressive senior living providers, healthcare systems and strategic service providers in the United States, Canada and Australia. The funds are managed by a joint venture between Ziegler (http://www.ziegler.com) and Link•Age (http://www.LinkageConnect.com).

Certain comments in this news release represent forward-looking statements made pursuant to the provisions of the Private Securities Litigation Reform Act of 1995. This client’s experience may not be representative of the experience of other clients, nor is it indicative of future performance or success. The forward-looking statements are subject to a number of risks and uncertainties, in particular, the overall financial health of the securities industry, the strength of the healthcare sector of the U.S. economy and the municipal securities marketplace, the ability of the Company to underwrite and distribute securities, the outcome of pending litigation and the ability to attract and retain qualified employees.

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LuMind IDSC Foundation and Massachusetts General Hospital Collaborate on DSC2U Online Tool for Caregivers Without Access to Specialty Down Syndrome Clinics


Amy, McKenzie, and Tim Haugen

Parents like Amy and Tim Haugen from Minneapolis, Minnesota trialed DSC2U. Photo: Down Syndrome Program at Massachusetts General Hospital

“What I was impressed with is that every recommendation in the online tool has a link to further information and I was blown away by all the resources linked. It was all right there and I didn’t have to Google it,” said Amy Haugen.

Current estimates suggest that over 95% of individuals with Down syndrome do not have access to a Down syndrome specialty clinic. Researchers at Massachusetts General Hospital (MGH) created Down Syndrome Clinic to You (DSC2U) as a way to address this need. MGH and founding philanthropic supporter, LuMind IDSC Foundation, today announced plans to launch http://www.DSC2U.org in the spring of 2020 and bring access to the specialty clinic expertise to every family in the US and internationally who needs it.

With DSC2U, caregivers have an opportunity to complete an online intake form, where they can identify current health concerns about their son or daughter with Down syndrome. The responses will generate two personalized documents–a plan for caregivers and another one for the primary care provider.

“Increasing access to treatments is a mission focus for LuMind IDSC” said Hampus Hillerstrom, CEO of LuMind IDSC Foundation, “LuMind IDSC Foundation is proud to be a founding philanthropic supporter to launch this tool. More importantly, we are honored to collaborate with MGH to provide DSC2U to approximately 190,000 individuals with Down syndrome in the United States currently lacking access to the best practices in healthcare from Down syndrome medical experts.”

The collaboration includes funding for additional software development to make the tool available for public use. LuMind IDSC Foundation is also providing educational and outreach support to bring DSC2U broadly to families that don’t have access to specialized Down syndrome clinics.

Parents like Amy and Tim Haugen from Minneapolis, Minnesota who have trialed DSC2U found the tool very useful. “What I was impressed with is that every recommendation in the online tool has a link to further information and I was blown away by all the resources linked. It was all right there and I didn’t have to Google it,” said Amy Haugen. “The world knows how fantastic Harvard Medical School and Mass General is. It means a lot to us and the trust we have in that and to know Dr. Skotko as well made us feel comfortable with DSC2U,” added Tim Haugen.

The personalized documents that caregivers get with DSC2U will include medical information and resources generated by a computer and based on the form responses. The reports are assembled with information that was carefully chosen by a team of Down syndrome-specialized medical experts, and whenever possible, drawn from national healthcare guidelines for people with Down syndrome. “No longer will geography be a barrier for families getting high-quality medical information about Down syndrome,” says Dr. Brian Skotko, the Emma Campbell Endowed Chair on Down Syndrome at Massachusetts General Hospital. “With DSC2U, families will now have access to the best information and resources about Down syndrome, personalized to their family’s needs.”

DSC2U is scheduled for public release in the spring of 2020. Interested families are encouraged to sign up for a launch notification at dsc2u.org/signup. For more information about LuMind IDSC Foundation, visit http://www.LuMindIDSC.org.

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CT Provides Best Diagnosis for COVID-19, According to New Research


Early diagnosis of COVID-19 is crucial for disease treatment and control. Compared to RT-PCR, chest CT imaging may be a more reliable, practical and rapid method to diagnose and assess COVID-19, especially in the epidemic area.

In a study of more than 1,000 patients published in the journal Radiology, chest CT outperformed lab testing in the diagnosis of 2019 novel coronavirus disease (COVID-19). The researchers concluded that CT should be used as the primary screening tool for COVID-19.

In the absence of specific therapeutic drugs or vaccines for COVID-19, it is essential to detect the disease at an early stage and immediately isolate an infected patient from the healthy population.

According to the latest guidelines published by the Chinese government, the diagnosis of COVID-19 must be confirmed by reverse-transcription polymerase chain reaction (RT-PCR) or gene sequencing for respiratory or blood specimens, as the key indicator for hospitalization. However, with limitations of sample collection and transportation, as well as kit performance, the total positive rate of RT-PCR for throat swab samples has been reported to be about 30% to 60% at initial presentation.

In the current public health emergency, the low sensitivity of RT-PCR implies that a large number of COVID-19 patients won’t be identified quickly and may not receive appropriate treatment. In addition, given the highly contagious nature of the virus, they carry a risk of infecting a larger population.

“Early diagnosis of COVID-19 is crucial for disease treatment and control. Compared to RT-PCR, chest CT imaging may be a more reliable, practical and rapid method to diagnose and assess COVID-19, especially in the epidemic area,” the authors wrote.

Chest CT, a routine imaging tool for pneumonia diagnosis, is fast and relatively easy to perform. Recent research found that the sensitivity of CT for COVID-19 infection was 98% compared to RT-PCR sensitivity of 71%.

For the current study, researchers at Tongji Hospital in Wuhan, China, set out to investigate the diagnostic value and consistency of chest CT imaging in comparison to RT-PCR assay in COVID-19.

Included in the study were 1,014 patients who underwent both chest CT and RT-PCR tests between January 6 and February 6, 2020. With RT-PCR as reference standard, the performance of chest CT in diagnosing COVID-19 was assessed. For patients with multiple RT-PCR assays, the dynamic conversion of RT-PCR test results (negative to positive, and positive to negative, respectively) was also analyzed as compared with serial chest CT scans.

The results showed that 601 patients (59%) had positive RT-PCR results, and 888 (88%) had positive chest CT scans. The sensitivity of chest CT in suggesting COVID-19 was 97%, based on positive RT-PCR results. In patients with negative RT-PCR results, 75% (308 of 413 patients) had positive chest CT findings. Of these, 48% were considered as highly likely cases, with 33% as probable cases. By analysis of serial RT-PCR assays and CT scans, the interval between the initial negative to positive RT-PCR results was 4 to 8 days.

“About 81% of the patients with negative RT-PCR results but positive chest CT scans were re-classified as highly likely or probable cases with COVID-19, by the comprehensive analysis of clinical symptoms, typical CT manifestations and dynamic CT follow-ups,” the authors wrote.

Find all the latest Radiology and Radiology: Cardiothoracic Imaging COVID-19 research at Special Focus: COVID-19.

“Correlation of Chest CT and RT-PCR Testing in Coronavirus Disease 2019 (COVID-19) in China: A Report of 1014 Cases,” Tao Ai, M.D., Ph.D., Zhenlu Yang, M.D., Ph.D., Hongyan Hou, M.D., Chenao Zhan, M.D., Chong Chen, M.D., Wenzhi Lv, Qian Tao, Ph.D., Ziyong Sun, M.D., Liming Xia, M.D., Ph.D.

Radiology is edited by David A. Bluemke, M.D., Ph.D., University of Wisconsin School of Medicine and Public Health, Madison, Wis., and owned and published by the Radiological Society of North America, Inc. (https://pubs.rsna.org/journal/radiology)

RSNA is an association of radiologists, radiation oncologists, medical physicists and related scientists promoting excellence in patient care and health care delivery through education, research and technologic innovation. The Society is based in Oak Brook, Ill. (RSNA.org)

For patient-friendly information on chest CT, visit RadiologyInfo.org.

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Critical Alert Integrates with Zebra’s Mobile Health Technology Providing Industry-Leading Solutions


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By utilizing Zebra’s devices with Critical Alert’s enterprise-class software platform, clinical communication is simplified resulting in better patient care, enhanced staff satisfaction and overall hospital performance.

Critical Alert is pleased to announce that its nurse call and communications solution is now available for use on Zebra Technology’s mobile devices. Zebra provides exceptional in touch computing for healthcare that works seamlessly with Critical Alert’s enterprise-class patient communication software platform.

Zebra’s TC52-HC/TC51-HC are the ultimate devices for today’s healthcare staff providing Android’s ease of use combined with superior clinical collaboration, data capture and device management tools. Critical Alert provides solutions that assist and enhance every aspect of patient communication. With the availability now extended to Zebra’s healthcare enterprise devices, customers who are interested in utilizing Critical Alert now have more choices in supported hardware. By utilizing Zebra’s devices with Critical Alert’s enterprise-class software platform, clinical communication is simplified resulting in better patient care, enhanced staff satisfaction and overall hospital performance.

“We are delighted to partner with Zebra to provide healthcare facilities with elite mobile technology and patient communications,” stated John Elms, CEO of Critical Alert. “In doing so, we look forward to helping hospitals achieve the highest quality of patient care,” continued Elms.

About Critical Alert

Critical Alert offers a solution set of enterprise, software-based products, services and strategies that enable hospitals and healthcare enterprises to give a voice to their patients, empower their clinical staff with actionable intelligence, unburden their support and IT teams and save money. CommonPath Enterprise, our software-driven patient communications platform includes UL-1069 nurse call, alarm management & event notification, patient experience monitoring, advanced clinical analytics and a portfolio of integrated partner offerings.

For more information, visit: http://www.criticalalert.com. Follow Critical Alert on LinkedIn and Twitter.

Critical Alert is a trademark of Critical Alert. All other product or service names are the property of their respective owners.

Critical Alert Media Contacts

Josh Troop

VP of Marketing

jtroop@criticalalert.com

Betsy Berken-Zaslav

Director of Marketing

bzaslav@criticalalert.com

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March Declared as Workplace Eye Wellness Month by Prevent Blindness in Effort to Help Protect Employees’ Vision


For “Workplace Eye Wellness Month” in March, Prevent Blindness provides free resources to help save sight

“Recognizing your eye health and safety needs within the workplace, and taking all the necessary steps to protect vision, can help us all to continue to protect healthy eyesight for years to come,” said Jeff Todd, president and CEO of Prevent Blindness.

Prevent Blindness, the nation’s oldest eye health and safety nonprofit organization, has declared March as Workplace Eye Wellness Month. According to the Centers for Disease Control and Prevention (CDC), approximately 2000 U.S. workers sustain a job-related eye injury that requires medical treatment a day. About one third of the injuries are treated in hospital emergency departments, and more than 100 of these injuries result in one or more days away from work.

For those who work outside an office setting, Prevent Blindness warns of common causes for eye injuries and urges everyone to wear the proper eye protection for risks that include:

  • Flying objects (bits of metal, glass)
  • Tools
  • Particles
  • Chemicals
  • Harmful radiation
  • Any combination of these or other hazards

The type of safety eye protection that Prevent Blindness recommends depends on the hazards in the workplace. For areas that have particles, flying objects, or dust, safety glasses with side protection (side shields) should be worn. Goggles should be worn for anyone working with chemicals. And, for those working near hazardous radiation (welding, lasers, or fiber optics) special-purpose safety glasses, goggles, face shields, or helmets designed for that task should be worn.

Those who work within an office setting (working with computers and other digital devices) are at higher risk for digital eye strain. According to the American Academy of Ophthalmology (AAO), eye strain symptoms include dry eyes, blurry vision, tearing or watery eyes, and headache. The cause of digital eye strain is that people blink less when they stare at digital devices. The AAO adds that normally, humans blink around 15 times per minute—but this “blink rate” can be cut in half when staring at screens or doing other near work activities (like reading).

Prevent Blindness recommends placing a digital screen 20 to 26 inches away from the eyes and slightly below eye level. Also, adjust lighting to lower glare and harsh reflections. More tips may be found at: https://www.preventblindness.org/computers-and-your-eyes.

“Recognizing your eye health and safety needs within the workplace, and taking all the necessary steps to protect vision, can help us all to continue to protect healthy eyesight for years to come,” said Jeff Todd, president and CEO of Prevent Blindness.

For more information about workplace eye health topics, please call Prevent Blindness at (800) 331-2020 or visit https://www.preventblindness.org/eye-safety-work.

About Prevent Blindness

Founded in 1908, Prevent Blindness is the nation’s leading volunteer eye health and safety organization dedicated to fighting blindness and saving sight. Focused on promoting a continuum of vision care, Prevent Blindness touches the lives of millions of people each year through public and professional education, advocacy, certified vision screening and training, community and patient service programs and research. These services are made possible through the generous support of the American public. Together with a network of affiliates, Prevent Blindness is committed to eliminating preventable blindness in America. For more information, or to make a contribution to the sight-saving fund, call 1-800-331-2020. Or, visit us on the Web at preventblindness.org or facebook.com/preventblindness.

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New App Supports Growing Families at Every Age and Every Stage


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“What makes My Family by Sutter Health app unique is that it offers advice that has been reviewed and vetted by Sutter physicians. It gives our patients convenient, accessible and reliable information, when and where they want it.”

From the moment a woman realizes she’s pregnant, there’s so much to think about, from coping with morning sickness to remembering to take prenatal vitamins and preparing for delivery.

In hopes of making it easier for prospective moms to find all the information they may need, Sutter Health and Wildflower Health have teamed up to offer an app that supports women and their partners before, during and after pregnancy: My Family by Sutter Health™.

The app, which is intended for those 18 years or older, is powered by Wildflower’s digital platform. It is designed to help patients connect to trusted local resources available within Sutter Health, a not-for-profit health network serving more than 3 million patients in Northern California.

It provides pregnancy guidance reviewed by Sutter network doctors as well as other helpful resources, including nutrition and exercise ideas, weekly pregnancy checklists and reminders, and a guide for discussing a woman’s labor and birth preferences with her provider. It provides tips for caring for newborns, too—from breastfeeding to safe sleeping. The entire family’s health can also be supported in the app. With the ability to create multiple profiles for parents and kids, users can manage their family’s health at every age and stage.

“What makes My Family by Sutter Health app unique is that it offers advice that has been reviewed and vetted by Sutter physicians,” said Albert Chan, M.D., M.S., FAAFP, Sutter Health chief of digital patient experience. “The information comes from sources like the American Academy of Pediatrics, and is backed by the local doctors taking care of local families. It gives our patients convenient, accessible and reliable information, when and where they want it.”

The free mobile app joins Sutter’s comprehensive suite of maternity, pediatric, family medicine and women’s health care services, connecting families to hospital birth centers, classes, breastfeeding support, neonatal care services, emergency services and more.

“From Baby Friendly Hospitals, to well-child visits and high-quality women’s healthcare, Sutter Health and Wildflower Health understand the needs of growing families in Northern California,” said Leah Sparks, founder and CEO of Wildflower Health. “Our collaboration will build trusted solutions for families, personalized to their health needs.”

The results from a one-year pilot study with Sutter Health and Circle, another Wildflower Health pregnancy app, indicated that patient satisfaction was a key indicator of success. Of participants from the pilot study, 100 percent rated the app “easy to very easy” to navigate with a Net Promoter Score of 28. Almost 80 percent said they were likely to recommend the app experience to others.

Additionally, a peer-reviewed journal article found that users of a Wildflower Health app engaged in prenatal care earlier and had fewer low-birth weight babies than non-app users.

With the goal of creating greater access to the right care at the right times, the My Family by Sutter Health app helps support healthier families. The My Family by Sutter Health™ app seeks to help with the early identification of health issues to ensure that every individual receives the most appropriate level of care, decision support to enable healthy choices for a variety of scenarios, and adherence and compliance with care plans, appointments, vaccinations and prevention.

The My Family by Sutter Health™ app is available in English and Spanish. It can be downloaded in both the Apple App Store and Google Play Store by following the links provided, or searching “My Family Sutter” in the app stores.

About Sutter Health

Sutter Health is more than 60,000 people strong thanks to its integrated network of clinicians, employees and volunteers. Headquartered in Sacramento, Calif., Sutter Health provides access to high quality, affordable care for more than 3 million Northern Californians through its network of hospitals, medical foundations, urgent and walk-in care centers, home health and hospice services. Nearly 14,000 physicians and advanced practice clinicians care for Sutter patients.

For more information about the Sutter Health network visit: sutterhealth.org | facebook.com/sutterhealth | youtube.com/sutterhealth | twitter.com/sutterhealth.

About Wildflower Health

Wildflower empowers women and their families to confidently navigate and access the care they need, when they need it. By deeply integrating our technology into healthcare and personalizing the user experience, we help the entire healthcare ecosystem meet the expectations of today’s consumer, driving a meaningful impact on health for entire families. Learn more at http://www.wildflowerhealth.com.

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Benefits Science Technologies Forms Innovative Partnership with Hollis Consulting


Benefits Science Technologies (BST) and Hollis Consulting (HCI) form an innovative partnership with the goal to improve the economic alignment of medical and supplemental health plan designs. The model leverages new insights from advanced analytics to improve risk assessment, modify contribution strategies and enable cost-sharing to lessen the impact on self-funded plan sponsors and their participants.

“I tried to implement this concept years ago”, said Amy Hollis, President of Hollis Consulting, “but the tools just weren’t available. BST’s mathematically derived insights provide the foundation for a paradigm-shifting strategy that can potentially lower the overall medical cost-share between the employer, the employee, or possibly in some situations, both. The risk stratification availed through BST may support our ability to define designs and contribution scenarios that would create a win for the employee and employer, as well as the VB provider. It’s exciting to explore with BST where this concept could lead.”

BST normalizes disparate data sources and produces in-depth analysis, applying predictive and prescriptive plan configuration recommendations while obeying the overall premium, business quality, and other plan owner specified criteria. This enables the integration of the VB carrier into the core of the plan design in a precise and balanced way. The result is a shift from the traditional medical and supplemental health plan model. By leveraging sophisticated insights, the aligned insertion of the VB Carrier into the plan eases the cost burden on the employer and their participants and creates a new opportunity for the carrier.

“Amy’s considerable experience working with large case employers with complex plan designs through multiple consulting organizations, and her unmatched expertise in the VB space, brings tremendous value.” said Marc Kutter, Director of Sales for BST. “We are excited to partner with the Hollis team to help design smart health plans and cost-containment strategies. They are a perfect fit to translate our optimization and machine learning capabilities into meaningful actions that produce results for self-funded plan sponsors. The benefit market wants better alignment between traditional health plan offerings and supplemental insurance products, with Hollis Consulting, Benefits Science can bring tremendous value to our consultant, carriers and employers.”

About Benefits Science Technologies

BST provides data analytics software/analysis to employers, consultants and insurance carriers to help manage the risk of self-funded health plans. Plan holders improve their connection to data, empowering optimal decisions to control costs, and improve the quality of care for plan members.

Founded in 2012, the company is recognized as a world-leading research and applied science team, applying advanced analytics and Robust Optimization to complex health insurance decisions. Led by a 30-year MIT professor and Co-Director of the Operations Research Center, the MIT-trained team combines world-class technical knowledge and practical financial experience.

A powerful and unique feature of the platform lies in its ability to provide prescriptive recommendations. The company’s Health Plan Optimizer designs optimal health plan configurations while obeying overall premium, business quality, and other plan owner-specified criteria. These tools enable consultants/brokers and employers to model “what if” scenarios for plan configuration, including stop-loss and supplemental plan design. BST delivers timely, customized business intelligence, tailored to the specific healthcare needs of the group, empowering decision-makers to maximize every healthcare dollar. The company is headquartered in Boston, MA, with offices in Atlanta, GA, and Houston, TX.

About Hollis Consulting

Amy Hollis is known as one of the top industry experts in the design, implementation, marketing, communications and enrollment of voluntary benefit programs, predominantly within the large employer market. She has more than 20 years of benefits experience, and while her most recent focus has been in voluntary benefits, she also has broad-based experience ranging from core benefits, employer-paid plans, comprehensive benefit delivery, and benefit administration. Throughout her career, Amy’s passion has been to creatively intersect voluntary and core benefit strategies, reducing cost or elevating plan value, in order to optimize a total rewards approach.

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Ziegler Closes $42,545,000 Wingate Healthcare, Inc. 2020 A&B Rental Senior Housing Bonds


“Ziegler is proud to have served Wingate to fund the acquisition of these two quality senior living communities. We look forward to new opportunities to serve Wingate in the future,” stated, Chad Himel, Director, Ziegler Senior Living Finance. Practice.

Ziegler, a specialty investment bank, is pleased to announce the successful closing of the $42,545,000 Wingate Healthcare, Inc. (Wingate) 2020 A&B Rental Senior Housing Bonds (the “Bonds”).

The Bonds financed the acquisition of Wingate Residences at Melbourne Place (Melbourne), a 125-bed/118-unit senior living community offering assisted living and memory care as well as Wingate Residences on Blackstone Boulevard (“Blackstone”, and jointly with Melbourne the “Facilities”), a 96-bed/93-unit senior living community also offering assisted living and memory care services.

Headquartered in Needham, MA, Wingate is a senior living healthcare organization that provides skilled nursing, rehabilitation, assisted living, memory care, independent living, and hospice services for seniors in Massachusetts, New York, and Rhode Island. Through acquiring the Facilities, Wingate is executing on its strategic plan to expand its exposure to senior housing – a widespread trend seen throughout the senior housing and care space today. Post-transaction, Wingate now operates or manages sixteen senior housing and healthcare communities in the Northeast. Melbourne and Blackstone are located in Pittsfield, MA and Providence, RI, respectively, and were previously leased by an affiliate of Wingate.

Distribution of the bonds was handled by Ziegler’s Capital Markets division. After reviewing multiple proposals, Ziegler was able to select and negotiate a competitive offer for the client. In addition, Ziegler suggested the rental senior housing bonds execution as a vehicle to help Wingate implement its strategic plan.

Wingate saw an opportunity to acquire the Facilities and implement a program of strategic repositioning and renovation; of particular note, the previously closed skilled nursing units on the second floor of Blackstone will be converted into early stage memory care units. The overall bond issue was $42,545,000, consisting of tax-exempt and taxable rental senior housing fixed rate bonds with a final maturity of thirty-two years. Most of the Bonds are to be amortized on a long-term basis with taxable tails paid off in 2028. Proceeds of the Bonds, along with equity, will be used to fund: (i) acquisition costs, (ii) capital expenditures, (iii) a debt service reserve fund, (iv) an operating reserve, and (v) costs of issuance of the Bonds.

Scott Schuster, Wingate Founder and President stated, “Wingate is excited to have this opportunity to make substantial investments in properties that have been part of the Wingate family for several years. This financing will allow these communities to continue to thrive and grow, as we provide our residents and their families with the high level of service and amenities that are the cornerstone to Wingate’s approach to resident care. Ziegler’s expertise and guidance in underwriting and marketing this deal were invaluable, and we look forward to continue working with Ziegler on future financing opportunities.”

“Ziegler is proud to have served Wingate to fund the acquisition of these two quality senior living communities. We look forward to new opportunities to serve Wingate in the future,” stated, Chad Himel, Director, Ziegler Senior Living Finance. Practice.

Alex Loo, Vice President, Ziegler Senior Housing & Care Finance Practice, stated, “We look forward to seeing the communities after the renovations are complete.”

Ziegler’s Senior Housing & Care Finance Practice brings its experience and expertise to senior housing and post-acute care clients. By offering a comprehensive suite of products for debt, equity and M&A services, our professionals provide creative solutions that meet your organization’s capital goals.

For more information about Ziegler, please visit us at http://www.ziegler.com.

About Ziegler:

Ziegler is a privately held, national boutique investment bank, capital markets and proprietary investments firm. It has a unique focus on healthcare, senior living and education sectors, as well as general municipal and structured finance. Headquartered in Chicago with regional and branch offices throughout the U.S., Ziegler provides its clients with capital raising, strategic advisory services, fixed income sales, underwriting and trading as well as Ziegler Credit, Surveillance and Analytics. To learn more, visit http://www.ziegler.com.

Certain comments in this news release represent forward-looking statements made pursuant to the provisions of the Private Securities Litigation Reform Act of 1995. This client’s experience may not be representative of the experience of other clients, nor is it indicative of future performance or success. The forward-looking statements are subject to a number of risks and uncertainties, in particular, the overall financial health of the securities industry, the strength of the healthcare sector of the U.S. economy and the municipal securities marketplace, the ability of the Company to underwrite and distribute securities, the market value of mutual fund portfolios and separate account portfolios advised by the Company, the volume of sales by its retail brokers, the outcome of pending litigation, and the ability to attract and retain qualified employees.

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New Flexible Power Workstations Adapt to Staffing Changes and Clinical Needs


Envoy and Encore with EcoFlex for Ultimate Workflow Flexibility

When we conduct our Clinical Device Assessments (CDA) across different hospital systems, it is clear nurses need flexibility to optimize efficiency. MobiusPower Plus delivers the best of both worlds.

Reducing hospital operating expenses will be a primary focus over the next year for many hospitals according to Healthcare Financial Management Association and Navigant. With labor budgets and nursing shortages on the rise, hospitals need to deliver more efficiency in their workflows.1

MobiusPower Plus sets a new standard on Enovate Medical’s Envoy and Encore mobile EHR workstations. Over the workstations’ 6-year lifecycle, MobiusPower Plus reduces financial risk by offering a single platform that optimizes efficiencies in hospital’s ever-changing clinical workflows.

How it works: Enovate Medical’s EcoFlex™ Power Management system’s on-board charging allows mobile workstations with MobiusPower Plus to instantly adapt to two workflows. Because the lightweight battery pack is mounted externally, nurses have the freedom of cordless mobility. During periods of low activity like nights and weekends, they can plug the workstation in to extend the overall battery life.

“When we conduct our Clinical Device Assessments (CDA) across different hospital systems, it is clear nurses need flexibility. MobiusPower Plus delivers the best of both worlds,” says Kevin Bridges, VP of Marketing and Business Devlopment at Enovate Medical.

See the all-new MobiusPower Plus for the Encore or Envoy at HIMSS along with Enovate’s complete lineup of intelligent workstations, Rhythm™ Mobile Device Management, and Uptime Ready Replacement Program at HIMSS20 Annual Conference, Booth 1759, March 9-13 in Orlando, FL.

ABOUT ENOVATE MEDICAL

Enovate Medical delivers EHR workstations with embedded technologies along with management and support services that increase real-time patient documentation at the bedside. Hundreds of healthcare facilities rely on Enovate Medical to improve physical nursing workflows, deliver better IT support models, and optimize capital equipment to enhance the hospital’s operational efficiency.

For more information, contact Dawn Wilson, Content and Event Marketing Manager 888-909-8906 ext 121.

DAWN WILSON

Enovate Medical

1152 Park Avenue

Murfreesboro, TN 37129

Phone: (615) 400-9519

Fax: (615) 896 8906

Email: dawn.wilson@enovatemedical.com

1. https://www.healthcarefinancenews.com/news/labor-budget-increases-staffing-shortages-loom-large-healthcare-executives-2019

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AltMed Florida Opens the First Medical Marijuana Treatment Center in Ormond Beach, Florida


AltMed Florida Dispensary Design

We’re excited to be opening another MÜV location to serve patients on the east coast of Florida as we continue our rapid expansion throughout our home state, and we’re proud to be the first MMTC in Ormond Beach

AltMed Florida will become the first company to open a medical marijuana treatment center (MMTC) in Ormond Beach, with a grand opening scheduled at its newest MÜV Dispensary at 290 Clyde Morris Boulevard, Suite 2, set for 10 a.m. Saturday, Feb. 29 (approved by the Florida Department of Health’s Office of Medical Marijuana Use and pending final approvals from local government).

With the opening in Ormond Beach, the Sarasota-based company now has 18 MÜV Dispensaries across the state – and continues to be one of the fastest growing MMTC in Florida (source: OMMU).

The new MÜV™ Medical Cannabis Dispensary is located within a cluster of several other medical offices and clinics just south of West Granada Boulevard – and about three miles east of Interstate 95.

“We’re excited to be opening another MÜV location to serve patients on the east coast of Florida as we continue our rapid expansion throughout our home state,” said AltMed Director of Corporate Affairs Todd Beckwith. “We’re proud to be the first MMTC to open in Ormond Beach to provide more convenient service for patients in this community.”

During the grand opening, all licensed Florida medical cannabis patients will receive 25 percent off their entire first purchase and the first 100 patients will receive a MÜV SWAG bag with their purchase. Patients can also order online at muvfl.com for express pickup or delivery after the opening weekend.

The Ormond Beach MÜV Dispensary will offer an extensive selection of award-winning products including flower, pre-rolls, a wide range of vaporizer pens, metered dose inhalers, topicals, oral sprays, patent-pending encapsulation formulations in its Tinctures, 72-Hour Transdermal patches and transdermal gels. MÜV is also recognized for having one of the widest selections of concentrates for patients’ needing macro-dosing options.

“Our dispensaries set the standard for quality products, service and overall patient experience at our current locations and we’re excited to offer our premium MÜV medical cannabis brand to even more patients as we expand our presence throughout the state,” said AltMed Florida CEO John Tipton. “Our MÜV dispensaries are unlike any in the state and we’re excited to invite licensed patients throughout Volusia County, and nearby Lake, Flagler and Seminole Counties, to visit our newest state-of-the-art location in Ormond Beach.”

Like AltMed Florida’s 17 other locations (Apollo Beach, Clearwater, Deerfield Beach, Fort Myers, Gainesville, Jacksonville/San Marco, Jacksonville Beach, Lakeland, Longwood/Orlando, Lutz, Downtown Orlando, Pensacola, Sebastian, Sarasota, Tallahassee, Tampa and Wellington/West Palm), the new Ormond Beach MÜV Dispensary stands out from others because it’s designed as a premium experience – think Apple Store, with a modern, open-concept design and expert staff with extensive training.

The MÜV brand already has a wide following in other legal medical cannabis markets, including Arizona, where it has won five Best of Arizona medical cannabis awards. MÜV products are sold exclusively in Florida at MÜV dispensaries because, unlike other states, Florida does not allow wholesale of product between license holders – only products that license holders make themselves can be sold in their dispensaries.

For more information about the new ADA-compliant MÜV Medical Cannabis Dispensary in Ormond Beach, including hours and available MÜV products, visit muvfl.com.

AltMed Florida is on pace to open 40 MÜV Medical Cannabis Dispensaries across the state, all supplied by its 200,000-square-foot, state-of-the-art cultivation facility. Visit this link for images of AltMed Florida’s cultivation operations and watch this brief video to see what makes AltMed Florida and its MÜV™ Medical Cannabis Dispensaries stand out.

About Plants of Ruskin, LLC – d.b.a. AltMed Florida, LLC– With a focus on quality and attention to detail, Plants of Ruskin has more than 35 years of experience in providing seedlings to farmers for vegetable and medical product production. Plants of Ruskin founders, the Dickman Family, are 4th generation farmers with a long history of working in conjunction with the University of Florida, including an endowed chair specifically dedicated to plant improvement.

About AltMed Enterprises – Alternative Medical Enterprises, LLC, headquartered in Sarasota, FL and doing business as AltMed Enterprises, is a fully integrated medical cannabis company that brings compassion, community engagement and pharmaceutical industry precision to the development, production and dispensing of medical cannabinoids.

About MÜV™ – The MÜV brand of cannabis infused products was launched in Arizona in 2016 and quickly gained international attention and recognition. In its first six months alone, MÜV received four best of Arizona medical cannabis awards, including two first prizes for its proprietary Ethanol extractions that are the basis of all MÜV products.

Forward-Looking Statements – To the extent any statements made in this press release contain information that is not historical, these statements are forward-looking in nature and merely express our beliefs, expectations or opinions. For example, words such as “may,” “should,” “estimates,” “predicts,” “continues,” “believes,” “anticipates,” “plans,” “expects,” “intends,” “potential,” “strategy” and similar expressions are intended to identify forward-looking statements. Such statements are based on current expectations or estimates and involve a number of known and unknown risks and uncertainties that could cause our actual results, performance or achievements to be materially different from the results, performance or achievements expressed or implied by such forward-looking statements. Factors that could cause or contribute to these differences include, but are not limited to, the following: (i) our ability to implement our business strategy of distributing high quality cannabis products where permissible under applicable law; (ii) availability and cost of additional capital; (iii) our ability to attract, retain and motivate qualified employees and management; (iv) the impact of federal, state or local government regulations; (v) competition in the cannabis industry; (vi) our ability to generate revenues; and (vii) litigation in connection with our business. All forward-looking statements included in this press release and attributable to us or any person acting on our behalf are qualified by this cautionary statement. Forward-looking statements speak only as of the date on which they are made, and, except as required by law, we undertake no obligation to update or revise any forward-looking statement, regardless of whether new information becomes available, future developments occur or otherwise.