VOL. 10 | NO. 30 | Saturday, July 22, 2017
Pennsylvania FedEx Drivers Decertify Union
FedEx Corp. subsidiary FedEx Freight announced that Croydon, Pennsylvania, city and freight drivers voted to decertify the Teamsters union as their bargaining representative.
The news comes less than two weeks after a similar decision in Charlotte, North Carolina, where drivers at that FedEx Freight location in also voted to decertify their union.
– Patrick Lantrip
County Pulls Permit For Rape, Crime Victims Center
Shelby County government is about to begin a renovation of the former Shelby County Forensic Center building at 1060 Madison Ave. to convert it into the new offices of the Rape Crisis Center and Crime Victims Center.
Both agencies are currently in leased office space.
Jaycon Development Corp. applied Thursday, July 20, for a $4 million building permit.
The 1920s-era building was originally the Memphis Eye, Ear, Nose and Throat Hospital and still bears the buildings original title on the Madison Avenue side. It was later converted to the forensic center, closing in 2012 when the county opened the new Regional Forensic Center on Poplar Avenue.
The Shelby County Commission approved the $4 million contract with Jaycon at its June 12 meeting using capital funding from the 2017 fiscal year that ended June 30.
The cost represents an $800,000 increase from original estimates to complete the brick structure’s fourth floor.
– Bill Dries
Ferguson Makes Unitas Golden Arm Watch List
University of Memphis senior quarterback Riley Ferguson has been named to the Johnny Unitas Golden Arm Award watch list, and is one of three quarterbacks from the American Athletic Conference on the list. Houston’s Kyle Allen and Cincinnati’s Hayden Moore also were selected.
Ferguson returns in 2017 after one of the most productive seasons by a quarterback in program history. Ferguson was 280-of-443 passing for 3,698 yards and 32 touchdowns last season. His 32 touchdown tosses set a school season mark, and his 3,698 yards and 280 completions are the second-most in program history behind only Paxton Lynch, who was a 2016 NFL Draft first-round pick of the Denver Broncos.
Ferguson finished the 2016 campaign ranked among the AAC leaders in passing yards per game (2nd; 284.5 ypg), pass efficiency (2nd; 152.6), total offense (3rd; 279.1 ypg) and touchdown passes (T1st; 32). He finished 11th among all Football Bowl Subdivision (FBS) quarterbacks in TD passes in 2016.
The Golden Arm Award is presented at the end of each football season, and the winner is selected based on accomplishments both on and off the field. Candidates must be a college senior or fourth-year junior on schedule to graduate with their class.
The Golden Arm Award committee will announce the top-15 finalists for the award in September. The 30th anniversary presentation of the Golden Arm Award will be held Dec. 8 at the Embassy Suites Baltimore Inner Harbor & Grand.
– Don Wade
Mississippi Agencies to Host Opioid Epidemic Rallies
The Mississippi Board of Pharmacy, Mississippi Department of Mental Health, Mississippi Bureau of Narcotics, Mississippi Department of Public Safety, U.S. Department of Justice’s Drug Enforcement Administration, and the Jackson Division of the FBI have partnered to host a series of town hall rallies to address the impact of opioids throughout the state, including a session at Landers Center in Southaven on Aug. 1 at 6:30 p.m.
The Southaven event will include a formal presentation, as well as a panel of representatives from the local community and across the state who will conduct a question-and-answer session for those in attendance.
The goal of the rallies is to bring awareness to communities across the state about opioid abuse, and what can be done to help reduce deaths and the destruction caused by opioid addiction.
In Mississippi alone, one in 10 people misuse prescription drugs, and overall prescription drug abuse has surged 400 percent in the past decade, according to a release.
The Town Hall Rally will be held in Room 1 of Landers Center, 4560 Venture Drive. Go to www.dmh.ms.gov, www.mbp.ms.gov, www.dps.state.ms.us, www.fbi.gov/jackson, or www.dea.gov for more.
– Daily News staff
State Setting Record Pace For Workforce Tax Credits
The Workforce Services Division of the Tennessee Department of Labor and Workforce Development issued more than $215 million of Work Opportunity Tax Credits (WOTC) to employers across the state through June.
2017 is on pace to be a record-breaking year for the WOTC program in Tennessee.
During the first six months of 2017, the division received 162,795 WOTC applications and approved 83,385 of them, totaling nearly $215.5 million in tax credits for employers.
The WOTC provides federal tax credit incentives to employers who hire eligible individuals. A company can receive a tax credit that ranges from $1,500-$9,600 per approved employee.
Eligible workers must come from targeted groups that consistently face significant employment barriers trying to enter or reenter the labor force.
Those groups include persons who have been unemployed for a long period of time, veterans, food stamp recipients, ex-felons, persons in vocational rehabilitation, Social Security insurance recipients, as well as several other groups of individuals.
“The amount of funding the Work Opportunity Tax Credit offers Tennessee employers can really benefit a company’s financial situation, while helping an individual who is struggling to find meaningful employment,” Tennessee Department of Labor and Workforce Development commissioner Burns Phillips said in a release.
Employers can go to the department’s website (tn.gov/workforce) and apply for WOTC.
– Daily News staff
FedEx General Counsel Announces Retirement
FedEx Corp.’s executive vice president, general counsel and secretary Christine P. Richards has announced she will retire from her role with the company effective Sept. 30, 2018.
Richards, 62, joined FedEx’s legal department in 1984 and has led the company’s legal, regulatory, governmental affairs and security groups since 2005.
During her career as general counsel, Richards directed legal strategies and led the company’s business negotiations and acquisitions, including the recent deal with Netherlands-based TNT Express.
“Christine Richards has provided bold and innovative leadership in successfully addressing a wide variety of critical legal, regulatory and security challenges and opportunities for FedEx,” Fred Smith, the company’s chairman and chief executive officer said in a release. “Her untiring work ethic and in-depth knowledge of the inner workings of the business have made her service as a counselor and business partner invaluable.”
– Patrick Lantrip
Remington Seeks Students For New HVAC Program
Remington College’s Memphis campus is now enrolling students for its new Heating, Ventilation and Air Conditioning degree program.
The new program is an extension of the existing HVAC diploma program. Students will have the option of taking some additional classes to receive their Associate of Occupational Studies Degree in heating, ventilation and air conditioning.
The HVAC degree program is designed to provide in-depth training to prepare students for entry-level positions in the fields of residential and commercial heating and cooling, industrial refrigeration and freezers, as well as introducing them to the basic concepts of operating a small business.
The program, which can be completed in as few as 24 months, is a combination of classroom and hands-on education in operating, troubleshooting, and maintenance and installation of HVAC systems.
According to the U.S. Bureau of Labor Statistics, the need for HVAC and refrigeration mechanics and installers is expected to grow by 14 percent through 2024.
Remington College’s Memphis campus is located at 2710 Nonconnah Blvd.
– Andy Meek
Fred’s Appoints New Chief Financial Officer
Memphis-based Fred’s Inc. has appointed Jason Jenne as executive vice president and chief financial officer, effective immediately.
Fred’s announced Wednesday, July 19, that Jenne will succeed Rick Hans, who the company says is leaving “to pursue other opportunities.” Hans will remain in an advisory role until Aug. 18, working with Jenne to ensure a smooth transition.
Jenne joined Fred’s in September as senior vice president, finance. He is a certified public accountant with more than 25 years of operations and finance experience and has held numerous executive roles, most recently serving as president and CEO of True Temper Sports, a manufacturer of golf shafts. He previously served as True Temper Sports’ chief financial officer and chief operating officer.
In addition to leading financial and risk management, the company says Jenne will be responsible for ensuring that the finance organization enables Fred’s to “successfully execute its health care transformation and capitalize on the significant market opportunities ahead.”
The move comes just weeks after Fred’s was cut out of a deal between drugstore giants Walgreens and Rite Aid, which were working on a proposed merger. In an effort to gain regulatory clearance, the two companies planned to sell hundreds of Rite Aid stores to Fred’s.
After the deal fell through, Fred’s CEO Mike Bloom said the company’s leadership would still be moving ahead with plans to optimize its business model and execute a health care-focused strategy for the company.
– Daily News staff
Canadian Investor Buys Historic Downtown Office
Cutler Property Group, a Montreal-based real estate developer and investor, has bought an 111-year-old Downtown office building, part of the Canadian company’s plan to acquire as much as $10 million of property in the Memphis area.
Terms of the purchase were not disclosed.
Located at 254 Court Ave., the five-story building was constructed in 1906 as the regional headquarters of the Crane Co., and the 52,000-square-foot building and its 45-car adjacent parking lot underwent an extensive renovation in recent years.
“Memphis has so many beautiful old buildings in the Downtown core but rarely are they renovated to the extent 254 Court Ave. is,” said Cutler Property Group president Adam Cutler in a release.
Cutler tapped Alex Stringfellow and Ron Riley of Colliers International to handle the leasing.
Riley said the building is currently available for lease by floor or in its entirety.
Since 1982, Cutler has purchased and developed more than 1.5 million square feet of commercial space in Canada and the United States.
– Patrick Lantrip
St. Jude Pulls $1.1M Permit For New Research Lab
St. Jude Children’s Research Hospital has filed a $1.1 million building permit application The permit call for interior renovations to install a new nuclear magnetic resonance, or NMR, laboratory.
NMR is a research technique that provides detailed information on the magnetic properties of certain atomic nuclei.
Belz Construction Services is listed as the contractor on the application filed with the city-county Office of Construction Code Enforcement.
St. Jude is in the midst of a major expansion of its Downtown campus, part of a strategic plan announced in 2015. The plan calls for St. Jude and ALSAC, its fundraising and awareness arm, to spend about $9 billion over six years on operations and expanded facilities to increase the number of patients treated on campus by 20 percent, as well as expanded global efforts to help children.
– Patrick Lantrip
Tigers’ Miller Named To Biletnikoff Watch List
University of Memphis senior wide receiver Anthony Miller has been named to the Biletnikoff Award watch list, the Tallahassee Quarterback Club Foundation announced. The Biletnikoff Award annually recognizes college football’s most outstanding receiver.
The Biletnikoff Award recipient is selected by the Biletnikoff Award National Selection Committee, a group of prominent college football journalists, commentators and former receivers. The group added Miller to its watch list at mid-season in 2016.
Miller put together the best season by a receiver in program history in 2016. He set school season marks for receptions (95), yards (1,434) and touchdown receptions (14), shattering the records held by former Tigers and NFL great Isaac Bruce. Miller and Bruce are the only two receivers to post 1,000-yard receiving seasons in program history.
The Christian Brothers High School product posted eight 100-yard receiving games, including a school-record, 250-yard performance against Tulsa. Miller went over the 100-yard receiving mark in six of the season’s final seven games.
Miller finished 2016 ranked among the top-10 at the Football Bowl Subdivision level in receiving yards (No. 9), receiving yards per game (No. 9) and touchdown receptions (No. 9). He also ranked in the top five in the American Athletic Conference in every receiving statistical category.
He rolled up 1,600 all-purpose yards (69 rush/1,434 receive/97 punt return) last season. The 1,600 all-purpose yards are the fourth-most for a season in program history, and the top three spots on that list are held by former All-American DeAngelo Williams.
The 2017 Biletnikoff Award winner will be presented Dec. 7.
– Don Wade
UTHSC Nursing Makes New Appointment
Dr. Christopher Lance Coleman has been appointed chair and professor of the Department of Health Promotion and Disease Prevention in the University of Tennessee Health Science Center’s College of Nursing.
Prior to joining the UTHSC faculty, Coleman was the director of the Health Equity Collaborative and the Fagin Term associate professor at the University of Pennsylvania School of Nursing. Coleman has mentored faculty, undergraduate and graduate doctoral students. He also has served on multiple editorial boards, written two books, published research articles, and served as principal investigator and co-investigator on federal research grants, foundations and intramural funding.
One of his interests in Memphis is using clinical practice to help address and eliminate health disparities in the area.
– Andy Meek
Collierville Car Show Now Accepting Entries
The Collierville Police Department is now accepting entries for the 2017 Collierville Classic Car Show benefiting the Collierville Education Foundation. The show will be held Sept. 16 from 7:30 a.m. to 3 p.m. at Central Church, 2005 E. Winchester Blvd.
The CPD has hosted the show annually since 2009 as a community event and fundraiser benefiting the education foundation. Last year, the show raised more than $30,000. The event is free and open to the public and features food and drink vendors in addition to the cars on display.
The entry fee is $25 per car, and entrants are eligible to receive one of up to 70 random cash drawings of $100, as well as one $500 cash drawing, based on 400 vehicle registrations. Register online at colliervillecarshow.com/register, or register at the event between 7:30 a.m. and noon. Businesses interested in participating as a vendor or sponsor should visit colliervillecarshow.com.
– Don Wade
Ring Named Hutchison’s New Head of School
Kristen D. Ring is the new head of school for Hutchison School, the board of the independent college preparatory school for girls announced this week.
Ring comes to Hutchison from being provost at Bayside Academy in Daphne, Alabama, an independent pre-K through 12th-grade private school of 730 students. Her resume also includes being director of the Multisensory Academy of Practitioners at Forsyth Country Day School in Winston-Salem, North Carolina, a facility for students with language-based learning differences. Before that she was an English teacher for 15 years.
“I want every girl to have an experience that allows her to see the joy in learning, whether she’s learning in a classroom or on an athletic field or learning about friendship and personal relationships,” Ring said in a written statement.
She succeeds Annette Smith, who was Hutchison’s head of school for 17 years and retired after a 50-year career in education.
Ring is the seventh head of school at Hutchison, which was founded in 1902.
– Bill Dries
Bioworks, ZeroTo510 Team with Smith & Nephew
The Memphis Bioworks Foundation and its ZeroTo510 medical device accelerator, have teamed up with Smith & Nephew to create a new executive-in-residence program for the medical device startup accelerator.
The program allows ZeroTo510 cohorts to receive ongoing expertise and guidance in the medical device market for sales, product development and other elements of launching a successful business from executives at Smith & Nephew, a global medical technology business.
ZeroTo510 is now in its fifth year of guiding medical device entrepreneurs through the startup process and helping them refine their business models and go-to-market strategies, with the goal of clearance for commercial deployment through the FDA’s 510(k) process and a path to product sales.
The executive-in-residence program will be provided on-site to mentor current ZeroTo510 teams, as well as teams that have gone through the ZeroTo510 program in the past. Smith & Nephew engineers will extend their knowledge of medical devices to students by providing guidance on product development and today’s market, as well as mentoring support.
– Andy Meek
Tigers Football Picked To Win AAC West
The American Athletic Conference has released its football media poll, and for the second time in three years, the University of Memphis is the preseason favorite to win the league’s West Division. The preseason vote was released at the league’s annual media days.
The Tigers received 22 of the first-place votes (169 points) to take the conference’s West Division crown. Houston, the 2016 preseason favorite for the overall league title, got six first-place votes (137 points) to win the West Division and was closely followed by Navy in third with one vote and 128 points. Tulsa also received one vote (102 points) to win the division.
USF was the unanimous choice to win the East Division, garnering all 30 first-place votes. The Bulls also are the preseason pick to win The American title, with 26 of the 30 media votes. Memphis received one vote to take the league’s championship.
Last season, the media selected the Tigers to place third in the West Division. Memphis did finish third with a 5-3 conference record in 2016.
– Don Wade
Grizzlies’ Selden Chosen To All-NBA Summer Team
Memphis Grizzlies guard/forward Wayne Selden Jr. was named to the MGM Resorts All-NBA Summer League Second Team.
Selden averaged 22.7 points, 3.8 rebounds, 3.0 assists and 1.70 steals in 30.5 minutes, guiding the Grizzlies to a 5-1 record and a trip to the semifinals.
The All-NBA Summer League First Team is comprised of Most Valuable Player Lonzo Ball (Los Angeles Lakers), John Collins (Atlanta Hawks), Josh Jackson (Phoenix Suns), Dennis Smith Jr. (Dallas Mavericks) and Caleb Swanigan (Portland).
Joining Selden on the Second Team are Cheick Diallo (New Orleans Pelicans), Bryn Forbes (San Antonio Spurs), Kyle Kuzma (Los Angeles Lakers) and Jayson Tatum (Boston).
– Don Wade
Equity Firm Buys Publisher Of The Collierville Herald
A Nashville-based private equity firm with no previous media investments has acquired a regional publisher that owns 12 websites, magazines and newspapers, including The Collierville Herald.
American Hometown Publishing announced Monday, July 17, it has been bought by West End Holdings. AHP, which has assets in Tennessee, Virginia, Oklahoma and Florida, said under new ownership it “will immediately begin seeking additional local media properties to add to its portfolio,” according to a release.
In addition to The Collierville Herald, those Tennessee assets include The Leader in Covington and the Wayne County News in Waynesboro, southwest of Nashville.
West End Holdings managing partner Lyle Beasley said the media company’s acquisition targets will be in more affluent, slightly larger markets than their current holdings.
“AHP has positioned itself as a sanctuary for struggling independent newspaper owners who are looking for an exit but care a great deal about how their community, and even their own legacy, will be served under new ownership,” Beasley said in the release. “From our perspective, this is an industry in need of a positive, hopeful storyline, and we see AHP having almost unlimited growth opportunity.”
American Hometown Publishing once had an office in Middle Tennessee, but is now headquartered in Wisconsin. The company, founded in 2005, is led by CEO Brad Dennison, a former executive at GateHouse Media who joined AHP in 2015.
Beasley said expansion discussions are already ongoing, with plans to grow into new states immediately.
“My vision was to blend the know-how of the large, publicly traded newspaper conglomerates with a more patient, private setting where decisions can be made for the long haul, not just the current quarter,” Dennison said in the release.
– Daily News staff
FedEx Releases More Info On TNT Cyberattack
Memphis-based FedEx Corp. has released additional information regarding the June 28 cyberattack on the worldwide information systems of its subsidiary TNT Express.
In a Monday, July 17, filing with the U.S. Securities and Exchange Commission, FedEx says TNT was hit by a cyberattack known as Petya, which involved the spread of an information technology virus through a Ukrainian tax software product.
“The systems and data of all other FedEx companies are currently unaffected by the attack,” the company said in a release.
FedEx acquired TNT Express, an international package delivery and freight transportation company, in 2016 and is in the process of integrating TNT with FedEx Express.
The integration is expected to be complete by 2020, according to FedEx, though the company added, “We will continue to refine our integration plans, however, particularly in light of the recent cyber-attack at TNT Express.”
The Petya virus entered the TNT system through the company’s Ukrainian operations, before spreading to the whole system.
FedEx reported Monday that all of TNT’s depots, hubs and facilities are operational and most TNT services are available but “customers are still experiencing widespread service and invoicing delays.” It went on to say manual processes are being used to facilitate a significant portion of TNT’s operations and customer service functions.
FedEx said it does not have cyber or other insurance in place that would cover the attack, and that it is unable to estimate how long before operations return to normal or how much it would impact revenue.
– Patrick Lantrip
Lakeland to Cut Ribbon On New Middle School
Lakeland elected officials and educators will cut the ribbon July 30 on the $20 million Lakeland Middle Preparatory School.
Located on Canada Road north of U.S. 70, the 112,000-square-foot facility is built for 600 students and will be the second school in the Lakeland School System. The system began operations in August 2014 with Lakeland Elementary School.
The Lakeland system currently has interlocal agreements for middle and high school students to attend schools in Bartlett and Arlington.
With the opening of the new middle school, Lakeland will grow from 940 students in grades K-5 to 1,500 students in grades K-8.
The middle school campus has room on its 94 acres for a high school as well as athletic facilities.
The ribbon-cutting ceremony will be at 4:30 p.m. followed by tours of the school.
– Bill Dries
NexAir Inc. Acquires Moore Oxygen Supply
Memphis-based nexAir has closed on its acquisition of Moore Oxygen Supply Inc. of Georgia.
Founded in 1965 in LaGrange, Georgia, Moore Oxygen Supply supplies industrial, medical and specialty gases, welding supplies and bulk liquid gas to customers in western Georgia and eastern Alabama. NexAir began servicing Moore customers Monday, July 17.
NexAir is a third-generation family-owned business that is one of the largest distributors of atmospheric gases and welding supplies in the nation. The company says the acquisition boosts its footprint in the southeastern U.S., where it already operates several branches.
– Bill Dries
Cohen Requests Info On TVA Plant Groundwater
U.S. Rep. Steve Cohen is asking state officials for more information on high levels of lead and arsenic recently found in the groundwater monitoring wells beneath the coal-fired Allen Fossil Plant in southwest Memphis.
“This contaminated ground water is only a short distance from where TVA recently drilled five 650-foot deep wells into the Memphis Sands aquifer … to supply its new natural gas fueled power plant with cooling water,” Cohen wrote in the July 13 letter to Tennessee Department of Environment and Conservation commissioner Robert Martineau.
TDEC officials said earlier this month they are confident the high levels of the toxins have not affected the lower-level groundwater that supplies Memphis’ drinking water.
The Tennessee Valley Authority, which owns the Allen Fossil Plant, is building a natural gas plant across the street and has said it is investigating the contamination.
Cohen wants to know how TDEC reached its conclusion that the toxins are not impacting the deeper groundwater and what that agency and TVA are doing to prevent such contamination.
– Bill Dries
Tigers’ Pollard Named To Hornung Award Watch List
University of Memphis sophomore running back and kick returner Tony Pollard has been named to the 2017 Paul Hornung Award Watch List, the Louisville Sports Commission announced. The award is given annually to the most versatile player in major college football.
Pollard was recognized as the 2016 American Athletic Conference Special Teams Player of the Year and also was named to two Freshman All-America teams (USA Today, Football Writers Association of America). Pollard, a 2016 All-American Athletic Conference first team pick, led The American in kickoff return yards per game (28.1) and was the only player in the conference to return a kickoff for a touchdown.
The Memphis native played in all 13 games and made eight starts his freshman season. His first kick return for a score came in the Tigers’ 34-27 league victory over Temple Oct. 6, a 95-yard run-back. The return for a touchdown snapped a 20-year drought for the Tigers.
Pollard’s second kick return for a touchdown came against No. 24/25 Navy Oct. 22, and he set three school with the return. His 100-yard kick return for a touchdown versus the Midshipmen is the longest in program history. He finished the season with 1,534 all-purpose yards, fifth-most for a season in program history.
Memphis football players report to campus July 27, with the first day of practice the following day.
– Don Wade
St. Jude Research Identifies Genetic Marker for Flu Risk
Researchers led by St. Jude Children’s Research Hospital have discovered a new genetic marker that may help detect high-risk flu patients.
The genetic variation they’ve identified is associated with influenza severity and the supply of killer T cells that help patients fight the infection. The scientists have also linked the gene variant to a mechanism that explains the elevated risk and offers clues about the broader antiviral immune response.
The research appeared online Monday, July 17, in the scientific journal Nature Medicine.
Researchers screened 393 flu patients ranging from infants to 70 years old. The researchers found that patients with a particular inherited variation in the gene IFITM3 were more than twice as likely to develop severe, life-threatening flu symptoms as those who carried the protective version of the gene.
Working at the molecular level, the investigators showed how expression of the IFITM3 protein was reduced in killer T cells of patients with the high-risk variant compared to other patients. Researchers also found more killer T cells – which help patients fight the infection – in the upper airways of flu patients with the protective variant compared to other patients.
Dr. Paul Thomas, an associate member of the St. Jude Department of Immunology, said a genetic marker of flu risk could make a life-saving difference, particularly during severe flu outbreaks, by helping prioritize high-risk patients for vaccination, drug therapy and other interventions.
– Andy Meek
Former Deputy Indicted for Trying to Kill Witness
Former Shelby County Sheriff’s Deputy Jeremy Drewery has been indicted by a federal grand jury for trying to hire someone to kill a witness in another federal court case. Before his termination, Drewery had been assigned to the Sheriff’s Office Narcotics Task Force.
Acting U.S. Attorney Larry Laurenzi announced the superseding indictment Friday, July 14.
Drewery had already been indicted in September for trying to extort money from an alleged drug dealer in August 2016 and the charges were amended this past March to included another allegation of extortion in 2013.
The latest charge was added after the Sheriff’s Office received information, according to federal prosecutors, that Drewery had tried to hire someone to kill a witness in the first case.
Drewery is charged with two counts of Hobbs Act extortion, which involves the use of his official power, two counts of bribery and one count of solicitation to commit a crime of violence.
– Bill Dries
Aetna Teams Up With Mississippi Health Network
The Mississippi Affiliated Health Network, an alliance of hospitals and more than 1,000 clinicians, has entered into an agreement with the insurance giant Aetna that will serve about 9,000 patients across Mississippi.
Aetna members already enrolled in a fully insured plan and who have seen a Mississippi Affiliated Health Network provider in the last 12 months automatically became part of the collaboration on Jan. 1. Those members are receiving the additional benefit of an integrated care delivery model that includes the tracking of metrics to achieve higher quality care and lower costs.
Aetna Mississippi market president Frank Ulibarri said the organization is pleased to work with the Mississippi Affiliated Health Network “to improve the quality of care for our members and to lower health care costs.”
The agreement is built around things like network clinicians being accountable for meeting key quality metrics, such as recommended cancer and diabetes screenings, in exchange for a percentage of savings achieved by improving outcomes while lowering costs. Over time, the level of accountability increases for clinicians.
This type of arrangement is becoming more common as insurance carriers and provider networks across the country move to value-based care, a concept centered on aligning incentives for health care providers to reduce costs and improve quality.
The Mississippi Affiliated Health Network is a physician-led alliance of health care professionals working to improve health and increase value to patients, employers, and other health care consumers.
– Andy Meek