Business Services Industry
AN ILL WIND.(Brief Article)(Statistical Data Included)
Business North Carolina, June, 2000 by Martin, Edward
Injecting itself with more hospitals and doctor practices didn't immunize Novant to what's plaguing the health-care industry.
Two months. That's all it took to merge the parent companies of Forsyth Medical Center in Winston-Salem and Presbyterian Hospital in Charlotte. The auditors declared their books sterile as mules, papers were signed, and the billion-dollar deal closed July 1, 1997, three months ahead of schedule.
"No skeletons fell out of the closet," an enthusiastic Paul Wiles noted. He stepped up from Winston-Salem-based Carolina Medicorp Inc.'s top position to become the first president and chief executive of Novant Health Inc., with a work force of 12,000 and service area covering 2.2 million people.
Optimism soared. The new...
Most Recent Business Articles
- Multiple criteria evaluation and optimization of transportation systems
- Multi-criteria analysis procedure for sustainable mobility evaluation in urban areas
- A two-leveled multi-objective symbiotic evolutionary algorithm for the hub and spoke location problem
- Multi-criteria analysis for evaluating the impacts of intelligent speed adaptation
- The development of Taiwan arterial traffic-adaptive signal control system and its field test: a Taiwan experience
Most Recent Business Publications
Most Popular Business Articles
- 7 tips for effective listening: productive listening does not occur naturally. It requires hard work and practice - Back To Basics - effective listening is a crucial skill for internal auditors
- FAS 109: a primer for non-accountants - Financial Accounting Standards Board's "Statement 109: Accounting for Income Taxes"
- LIFO vs. FIFO: a return to the basics
- Too Young to Rent a Car? - 25-years-old the minimum age for car renting - Brief Article
- Design a commission plan that drives sales - Sales Commissions
Presented by American Express