9-200-049 REV: JANUARY 9, 2003 RICHARD S. RUBACK Health Development Corporation Mr. Paul Couturier, the CEO of Health Development Corporation (HDC), was negotiating the sale of his company in the spring of 2000. The Company, which owned and managed health clubs in the Greater Boston area, had retained a local investment firm, Kaufman & Co., to solicit bids. They received several bids from national or regional health club companies seeking to establish themselves in the Boston area. The bids were lower than expected, largely because of the way the bidding companies considered HDC’s ownership of Lexington Club’s real estate. Like most health clubs, HDC generally leased their health club real estate but in 1999, HDC had taken …show more content…
In 1999, HDC had the option to purchase the Lexington Club real estate for $6.5 million The Company had not purchased real estate in the past for two reasons. First, as a small privately held company, HDC preferred to use its limited capital to add, expand, or enhance clubs. Second, leasing property allowed the company to reduce its risk by keeping real estate costs proportional to revenue. In the case of the Lexington property, however, HDC management determined that the lease payments were substantially greater than the costs of owning the real estate. After attempting unsuccessfully to renegotiate the lease payments downward, HDC decided to purchase the Lexington Club property. The Company financed the Lexington Club purchase with $750,000 of excess cash and a mortgage for $5,750,000 at an interest rate of 8.75%. The Offers to Purchase Kaufman & Company solicited bids for HDC in February 2000. In exchange for signing a confidentiality agreement, potential bidders received an information memorandum that provided a detailed description of the Company, its operations, and its financial results. Potential bidders were also given the opportunity to visit the health clubs and to interview management. Five potential buyers submitted bids. HDC, with the advice of Kaufman & Co., decided to focus on the bid by Town Sports International (TSI). TSI had a large share of the New York health club market, with 67 clubs, but only five clubs in the Boston market. TSI
The case study titled “Holt Lunsford Commercial” explains how Holt Lunsford is debating how to grow his Dallas-based commercial real estate services firm and how to advise a long-time client who is wondering whether to lease or buy an industrial warehouse. The case focuses on the highly competitive and increasingly institutionalized $50 billion real estate services industry, which encompasses property management, leasing, tenant representation, and other activities. What makes Lunsford's firm, The Holt Companies, special? The article explores what corporate strategy Lunsford should choose for his firm, and what recommendation he should make to his client.
1. Fill in the table below with the results from the monosaccharide test experiment, and your conclusions based on those results.
Though it was at the end of Richard’s career at LifeMark that the story of HealthSouth begins. When it was announced that the company’s Houston office would be closing Richard brought Beam and a few others into his plan. Scrushy wanted to form a company based on a new type of rehabilitative medicine company that due to the changing medical field was highly profitable. This bold and ambitious idea the degree of brilliance Richard Scrushy had. Certainly most of his future ideas
HealthSouth is one of the nation’s largest healthcare providers specializing in rehabilitation. HealthSouth was founded by Richard M. Scrushy in 1984 and went public in 1986. Scrushy served as its Chairman of the Board from 1994 to 2002. The company was incorporated in January 1984 as Amcare Inc. before its name was changed to HealthSouth Rehabilitation Corporation in May 1985. In January of 2003, Mr. Scrushy reassumed the position of CEO.
Inside CVS Health, there are many stakeholders that come into play and are effected by the new change. The employees, customers and clients, suppliers and venders, investors, and local communities, are the stakeholders that are involved with and are close to CVS Health. CVS Health believes that staying close and involving their stakeholders to their CSR strategy, will help them be successful. Having employees that help contribute to the purpose that CVS Health stands for, helps the consumers get on a path to better health, and also contributes to the local communities outside of work. I am going to select ‘employees’ as the stakeholder for this analysis.
and they should be used when doing personal care, handling waste, a change of activity to protect the carer and the individual.
P1 – Explain potential hazards and the harm that may arise from each in a health and social care setting.
Obesity was significantly more prevalent amongst female African Americans in this community. With the highest rate affecting women between the ages of 45 to 64. Obesity was also higher amongst Black females who’s educational attainment was lower
Honesty is something I value in another person, and I have struggled with service users who haven’t been honest about something. I have tried hard to understand the reasons why someone would not be honest with me. Usually after I have spoken to another member of staff, and heard their input and theories I can begin to see why and move on from the incident.
Over the year both positive and negative influences have influenced my learning. The skill I have developed for learning is my aspiration is to become a midwife, this influences my learning in the way that it gives me the hunger to learn new things and improve my knowledge and grades. By improving my knowledge I will be able to go onto the next stage of my development. I believe that if I did not have such a desire to be a midwife, it would affect my learning by creating a mental blockage which would stop my ability to take things in and learn as I would become lazy and not interested from the lack of direction in my life. As soon as I realised what I wanted to do as a career, it really highlighted my priorities and I found that I have
* Give the person lots of encouragement and try not to dwell on things that do not go well.
Different people look at health in different ways. It can depend on their culture, environment, religion or age group. In order to have a clear understanding about how the people look at health, I have conducted a survey from a random sample of people who belongs to the above groups (e.g. people of different ages have been chosen).
This unit develops understanding of the values and principles that underpin the practice of all those who work in health and social care. The essay consider theories and policies that underpin health and social care practice and explore formal and informal mechanisms required to promote good practice by individuals in the workforce, including strategies that can influence the performance of others. The first part of this essay will consider how principles of support are implemented by using Overton house residential care home to evaluate and explain how principles of support are applied. Key concepts such as person-centred approach and dilemmas and conflicts arising from the
The U.S. Department of Health and Human Services (HHS) is the U.S. government’s principal agency for protecting the health of all Americans and providing essential human services, especially for those who are least able to help themselves. HHS is responsible for almost a quarter of all federal outlays and administers more grant dollars than all other federal agencies combined. The mission of the U.S. Department of Health and Human Services (HHS) is to enhance the health and well-being of Americans by providing for effective health and human services and by fostering sound, sustained advances in the sciences underlying medicine, public health, and social services. In addition, HHS is also responsible to provide better services to people by adapting to new technologies to keep pace with the advancement in technology. As we compare the health and human services from last ten years to present, it is very clear to analyze how health and human systems have improved over the years. The Department manages programs that cover a vast spectrum of activities that impact health, public health, and human services outcomes throughout the life span.
The care for health campaign was the first family planning promotion to be done in Russia and it helped increase the use of modern contraceptives by 12%. It was part of the women´s reproductive health program (WRHP) which involved training of health care providers, advocacy and research. This intervention resulted in increase in family planning counselling for women, longer continuation rates of contraceptives and increase in clinic attendance for family planning in the intervention areas. This program was birthed in 1994 by the US Agency for international development to improve the health of children and women by promoting the change in the current family planning communication and service delivery system resulting in a greater