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Daily Archives: December 11, 2011

UMMC/HMA hospital alliance could help educationally, financially

In response to rising healthcare costs and the uncertainty of federal healthcare reform, health care providers nationwide are consolidating, and academic medical centers and for-profit hospitals are entering into partnership agreements. The University of Mississippi Medical Center (UMMC) has announced it is exploring a partnership with Florida-based Health Management Associates Inc. (HMA), which owns 10 hospitals in Mississippi. UMMC and ...

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Expectations high for convention hotel revenue per available room

In its first year of operation, a convention center hotel in Jackson would achieve a revenue-per-available room rate more than double the current rate for Jackson’s downtown hotel market. That’s the ambitious projection of a market feasibility study done for potential hotel development partner Transcontinental Realty Inc. of Dallas and on which city officials appear ready to rely in assessing ...

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Cause of Jackson Convention Complex deficit does beyond HQ hotel

Lack of a convention headquarters hotel has been blamed for the Jackson Convention hotel complex losing $12 million in business last year. But the 330,000-square-foot complex has lost far more meetings and convention business since its late 2009 opening for reasons other than available hotel space, a study by H.C. Johnson Consulting of Chicago found. H.C. Johnson, which specializes in ...

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Savannah getting double – possibly triple – scrutiny on its convention hotel plans

When an initial market study for a convention hotel in Savannah, Ga., made rosy predictions for occupancy rates for the proposed 500-room hotel, the board that governs the city’s convention center responded with a “not so fast.” Like Jackson, Savannah has concluded that its convention center, known officially as the International Trade & Convention Center, can’t reach its potential without… ...

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Considerations before buying residential investment property

The residential real estate market is in a state of flux. Residential values are declining in some areas while moving slightly up in others. Foreclosed properties are at record levels in some cities. Investors have cash looking for a place to invest. They are told that investing in hard assets is a good idea and that now is the time ...

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The ‘skinny’ on Medicare this time of year

There are certain dates in early December concerning Medicare that involve various enrollment periods scheduled. Most people approaching age 65 or those already on Medicare are well aware of these dates. But for those that are not, here is up to date information as to how these options play out: Medicare Open enrollment. This is time each year when you ...

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Book Biz: Rushing’s gardening advice: Don’t just grow roses, smell them too

None can really be surprised that gardening guru Felder Rushing has written a book that takes an offbeat approach to gardening. This well-known gardener, lecturer and author marches to a different beat and so does his gardening. He wants this activity to be fun and enjoyable. “Life has lots of pressures — why include them in the garden? Doing something ...

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Team-building is key

We all know that great organizations start with great teams. The challenge is that building great teams is easier said than done. Howard Guttman in his book “Great Business Teams” argues that the key is to build “horizontal” organizations in which “everyone operates according to a clearly defined set of decision-making protocols, where people understand what they are accountable for ...

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Q&A: Brooks Mosley, President, Independent Pensions Solutions

Brooks Mosley is president of Jackson-based Independent Pensions Solutions, a retirement plan administrator catering to small companies in the region. IPS is a subsidiary of Security Ballew that oversees more than 7,000 participants in 250 plans and specializes in teaching small business owners about changes in 401(k) plan administration, including new rules taking effect in 2012. Mosley is a Starkville ...

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