In case you missed it, here’s a look back at a few business highlights for the past week.
Jackson Energy Authority Board of Directors pass 6 resolutions at monthly meeting
The Board of Directors at Jackson Energy Authority passed six resolutions during the organization’s monthly meeting, Thursday.
The resolutions were –
The purchase of distribution transformers.
The purchase of 15 kV substation circuit breakers.
The decommission of of the propane-air plant.
The replacement of the Controls and Monitoring System at JEA’s Middle Fork Wastewater Treatment facility.
The authorization of a contract for miscellaneous Electric, Gas, Water and Wastewater directional boring services.
The approval of the purchase of ITRON Encoder Receiver Transmitter (ERT) for the Gas and Water Divisions.
Kara Montgomery named WTH employee of the month
Kara Montgomery, who celebrates her 14th year as an employee for West Tennessee Healthcare Thursday, was named the organization’s employee of the month, during the Board of Trustees monthly meeting at Jackson-Madison County General Hospital, Tuesday.
Kara, who works in Nuclear Medicine, is viewed as someone who goes the extra mile to ensure the comfort of patients – especially the elderly patients.
“This is certainly an honor, given the number of people employed at West Tennessee Healthcare,” Kara said. “The team I work with … we have the camaraderie and the care for our patients.”
WTH statement on purchase of 3 area Tennova hospitals, clinics and out-patient services
West Tennessee Healthcare (“WTH”) announced (Tuesday) it has signed an Asset Purchase Agreement to acquire three hospitals from Nashville-based Community Health Systems, Inc. (CHS), for $67 million.
The transaction is expected to close in the second quarter of 2018, subject to customary regulatory approvals and closing conditions.
The three CHS hospitals involved in the transaction are:
· Tennova Healthcare – Dyersburg Regional located in Dyersburg
· Tennova Healthcare – Regional Jackson located in Jackson
· Tennova Healthcare – Volunteer Martin located in Martin
Speaking on behalf of the Board of WTH and the health system, West Tennessee Healthcare CEO James E. Ross said the acquisition is good news for consumers, employers, physicians and future patients.
“This transaction is consistent with our stated mission to improve the health and well-being of the communities we serve while providing exceptional and compassionate care.” Ross said. “It will enable us to provide expanded access to quality healthcare.”
The transaction includes all physician clinics and outpatient services associated with the three hospitals, which will also become part of WTH’s 18-county network of medical centers and outpatient services.
Upon the closing of this transaction, West Tennessee Healthcare (WTH) will employ more than 7,000 people and will operate seven hospitals across the region.
Kaufman, Hall & Associates, LLC is acting as the exclusive financial advisor to West Tennessee Healthcare on this transaction.
Tennova Healthcare -Regional Jackson CEO remains positive on news of sale to WTH
The chief executive officer of Tennova Healthcare – Regional Jackson sees a positive in the Asset Purchase Agreement West Tennessee Healthcare signed to acquire three hospitals – Tennova Healthcare Jackson, Dyersburg and Martin – from Nashville-based Community Health Systems, Inc. (CHS), for $67 million.
“Joining a larger regional network of hospitals and providers makes sense in the current environment and positions us for the future,” Lance Beus said. “We are committed to providing our patients with the highest quality care and this will continue once we join with West Tennessee Healthcare.”
The transaction includes all physician clinics and outpatient services associated with the three hospitals, which will also become part of WTH’s 18-county network of medical centers and outpatient services.
Beus became the CEO at Tennova Healthcare – Regional Jackson, Oct. 30, 2017, arriving from CHRISTUS Jasper Memorial Hospital in Jasper, Texas.
He began his healthcare career as administrator of a 17-provider cardiology practice in Johnson City, Tennessee and served as Assistant CEO at CHS-affiliated Woodland Heights Medical Center in Lufkin, Texas and CEO at hospitals in Saudi Arabia and Egypt.
Lance Beus earned a master’s degree in public health – healthcare administration from East Tennessee State University and his bachelor’s degree in sociology from Brigham Young University.
Captain D’s headed for South Highland Avenue
Once located at 4 Stonebridge Blvd., and 2034 North Highland Ave., Captain D’s is scheduled to re-enter the Jackson market on two acres of land next to McDonald’s on South Highland Avenue.
Company officials could not be reached to comment on when the restaurant will open.
Headquartered in Nashville, Captain D’s owns, operates and franchises restaurants in 20 states.
Leaders Credit Union targets late summer for opening of newest branch
Considered a natural fit for Leaders Credit Union, construction continues on a new 3,000-square-foot branch at 15427 South First Street in Milan.
Leaders Credit Union, which has memberships in Gibson County, is looking at a completion date of late summer.
A partial listing of Leaders’ field of membership in the Gibson County community includes the Milan Special School district and various Select Employment Groups including CECO Door, NHC Milan, Area Wide Communications, and Alexander Thomson Arnold.
Fisher Construction Company, Inc., of Milan is building the state of the art branch, that will offer pod style banking with a digital engagement center to allow members access to demonstrations and digital banking channels.
There will be three drive-through lanes and an exterior ATM.
Leaders Credit Union will staff the branch with six to seven financial champions providing full service to Milan and the Gibson County community.
Leaders Credit Union, founded in a spare room of a local school as the Jackson Madison County Teachers Credit Union in 1957, is a full service financial institution offering affordable banking solutions for its more than 40,000 members.
Leaders offers six full-service branch locations across West Tennessee – including Union City and Memphis – and a full-service E-branch and mortgage center location.
Leaders also offers Investment Services, Business Services and Mortgage Services.
For more information, visit leaderscu.com.
Gander Outdoors picking up where Gander Mountain left off
Company officials could not be reached for comment, but a sign on the door at 1523 Vann Drive, announces that Gander Outdoors will occupy the facility that once housed Gander Mountain.
Gander Mountain – the company – filed for bankruptcy in March 2017, and was purchased by Camping World, which is headquartered in Bowling Green, Kentucky.
Camping World is one of the largest Recreational Vehicle and camping supply stores in the United States, with more than 100 locations and 2,000 employees.
Gander Mountain had 162 stores involved in the bankruptcy.
The Jackson facility is one of 69 locations scheduled to reopen under the Gander Outdoors name.
For those interested in working at Gander Outdoors, apply online at www.ganderoutdoors.com for full time or part time positions in customer service, apparel & footwear, fishing, camping, marine, hunting, archery, shooting and active sport – bike and paddle.
(PHOTO: Tennova Healthcare – Regional Jackson)
David Thomas, Twitter – @DavidThomasWNWS
https://www.facebook.com/NewsTalk1015/
