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Business briefs for Feb. 6

February 6, 2012
Marshall Independent

School psychologist to be published

Kayla DeJong, school psychologist for the SW/WC Service Cooperative, will be published in Psychology in the Schools for the research she did in cooperation with the University of South Dakota Professors David Hulac and Nicholas Benson. She conducted a self-administered math fluency intervention with elementary students to help them increase their knowledge of multiplication facts. Preliminary research shows that this intervention is effective at helping students learn their multiplication facts, while decreasing the amount of direct time teachers need to spend with the students making it a cost-effective intervention choice for school districts. The article, titled "Can Students Run Their Own Interventions?: A Self-Administered Math Fluency Intervention," is in press. DeJong currently services the Murray County Central, Hills-Beaver Creek, and Edgerton school districts.

ACMC achieves MGMA 'Better Performer' status for operational performance

The Medical Group Management Association Performance and Practices of Successful Medical Groups: 2011 Report Based on 2010 Data identified Affiliated Community Medical Centers as a "better performer" because of superior operational performance compared with similar medical group practices nationwide.

The MGMA designates a superior rating as a "better performer." ACMC was recognized as a "better performer" for its achievements in productivity, capacity, and staffing, and also its performance in the area of profitability and cost management. This marks the third consecutive year that ACMC has been recognized by the MGMA. This achievement is the result of a continuous focus on growing and maintaining access to quality healthcare providers, as well as strategic use of technology to control costs without sacrificing patient care.

"The physicians and employees of ACMC consider it a privilege to serve the health care needs of west central and southwest Minnesota," said Terry Tone, administrator of ACMC. "Our ongoing commitment to quality, operational efficiency and patient satisfaction is reinforced by this recognition from MGMA. We are pleased to be included among such a successful assembly of peer groups."

The MGMA report, a benchmarking standard among medical groups for more than a decade, was produced using data from respondents to the MGMA Cost Survey: 2011 Reports Based on 2010 Data as well as data from a questionnaire that assessed management behaviors, practices and procedures of better performers. The report profiles medical practices that have demonstrated success in one or more areas: profitability and cost management; productivity, capacity and staffing; accounts receivable and collections; patient satisfaction; and managed care operations.

Prairie View Healthcare unveils new programs, equipment

Prairie View Healthcare Center, a local skilled nursing facility announced recently the introduction of an important new program developed to provide effective treatment options for several prevalent geriatric health conditions. Initially, the new program will include treatment for pain management, arthritis and generalized pain and will soon cover conditions including wounds, fall prevention, pain management, bladder control, contractures, chronic obstructive pulmonary disease, stroke recovery, shingles, rheumatoid arthritis and neuromuscular conditions such as Parkinson's.

These conservative treatment programs were developed specifically for the complex needs of aging adults using non-invasive, medication-free therapies. The programs utilize specialized therapeutic equipment that has been used effectively with the elderly for over a decade and among professional athletes for nearly 30 years to accelerate recovery following injury.

Patrons of CHS Marshall share in record cash distribution

More than 1,000 eligible patrons of CHS Marshall will share in the distribution of $2.6 million in cash patronage and equity during 2012 based on business they've conducted with the company.

"We're extremely proud that we can provide this tremendous return to our customers and owners," said Todd Reif, general manager. "Through their ownership in cooperative like CHS Marshall, not only do they have access to products and services, they also share in our success and that of the integrated CHS system. This enables all of us to invest in the future of our local producers, this business and our community."

CHS Marshall is a locally controlled division of CHS Inc., the nation's leading producer-owned cooperative.

During 2012, CHS Marshall will allocate a total of $2.6 million in patronage dividends to its eligible customers based on business done Sept. 1, 2010-Aug. 31, 2011, of which $1 million is being paid out in cash.

Overall, CHS expects to return up to a record $421 million during its 2012 fiscal year in cash patronage, equity redemptions and dividends paid on preferred stock to more than 1,060 eligible cooperatives and nearly 45,500 individual members and others in 50 states. CHS net income for its fiscal year ending Aug. 31, 2011, was $961.4 million. Patronage is based on business done with CHS during fiscal 2011, while equity redemptions represent retirement of ownership in CHS earned in past years. Since it was established in 1998, CHS has returned more than $2.5 billion in cash to its owners.

If they have not already done so, Individuals who have reached age 70 and representatives of the estates of deceased members are encouraged to contact Reif and request redemption of their equity.

CHS makes equity redemptions to eligible individual direct members throughout the year, based on attaining age 70 or estate retirements, but potentially eligible individuals must initiate contact.

 
 

 

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