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Community Health Systems Completes Divestiture of its Last Hospital in West Virginia for $92M

Tennessee-based healthcare giant, Community Health Systems (CHS), has reportedly divested its 25-bed Plateau Medical Center (PMC) in Oak Hill, West Virginia, to the affiliates of Vandalia Health. Vandalia Health is the parent company of Charleston Area Medical Center (CAMC).

The transaction, according to businesswire, was put into effect on April 1, 2023.

Details of the Divestiture

Closed on April 3rd, 2023, the sale of Plateau Medical Center is worth roughly $92M. Besides the medical center, the sell-off includes PMC’s outpatient services, physician clinic operations, and respective assets.

The agreement for the Plateau Medical Center acquisition was inked earlier this year.

“As a critical access hospital, Plateau Medical Center plays an important role in the Oak Hill community and beyond,” said David Ramsey, president and CEO of Vandalia Health and CAMC. “We are excited they are joining CAMC and Vandalia.”

Now that the transaction is finalised, CAMC is about to hold sway over the hospital operations and work with the medical staffers as part of its effort to deliver proactive services to the region. 

“The staff is terrific,” Ramsey stated. “They do a great job of taking care of the community and the patients that come to them.”

Plateau Medical Center

Previously a for-profit hospital, Plateau Medical Center is a certified 25-bed hospital with more than 315 staff on the Oak Hill campus and in nearby clinics. The specialised services it offers are paediatrics, family practice, emergency medicine, cardiology, internal medicine, and general surgery.

CAMC is a not-for-profit organisation; funds raised from the hospital will be used for the betterment of the state and the people of the Oak Hill area.

CHS Continues with Hospital Sell-off

The divestiture of Plateau Medical Center is one of the potential sell-offs CHS detailed on its final quarter and fiscal year-end 2022 earnings call.

With this transaction, CHS has ceased its services in West Virginia. 

The agreement to sell the PCM took shape over two years after CHS had completed the massive divestiture of a hospital program that dropped its hospital count to 79 from its peak at 206.

The CHS now runs 78 acute-care hospitals and around 1,000+ other healthcare sites, including emergency care centres, imaging centres, physician practices, cancer centres, freestanding emergency departments, occupational medicine clinics, and ambulatory surgery centres.

On January 1, 2023, CHS sold Greenbrier Valley Medical Center — a 122-bed healthcare facility based in Ronceverte, W.Va. — to Vandalia Health for a cash consideration of around $85M.

CHS has been selling hospitals recently as part of its effort to improve its financial position while also reducing its heavy debt load.

The hospital giant has encountered significant losses over the past several years, including a $2B loss in the final quarter of 2017. 

Overcoming Divestiture Challenges

Whether it’s a spin-off or an equity carve-out, divesting a business asset is a complex transaction that comes with strict time constraints. 

For businesses undergoing a divestiture, investing in a high-end carve-out consulting service like Fission Consulting is a sensible business decision.

Industry-leading IT transformation services can mitigate investment risk and help businesses make more informed decisions while significantly accelerating the overall separation timeline.

Wrapping Up

Community Health Systems, one of the largest publicly traded hospital companies in the U.S., continues hospital sell-off with the divestment of Plateau Medical Center. With this divestiture, CHS has no remaining hospital in West Virginia.

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Education Lifestyle Professional Services U.S Website & Blog

Tristan Stahl From ValorMen Releases The Alignment Blueprint: A Coaching Program for Young Men

Orlando Florida – April 3, 2023 – Tristan Stahl, the Founder of ValorMen, has recently launched a new coaching program called The Alignment Blueprint, created for young men who want to become the best versions of themselves. The program is designed to provide a comprehensive guide for navigating life’s challenges while staying true to oneself and personal values.

The Alignment Blueprint covers a wide range of topics, including discovering one’s life purpose, setting healthy boundaries, understanding women, and staying grounded in difficult situations. The program offers practical and easy-to-implement strategies that can help young men make meaningful changes in their lives and experience a life of impact and adventure.

The program has tailored exercises from world-renowned experts, such as Dr. John Demartini, to help participants discover their current life purpose. The program also helps young men communicate assertively and empathetically, build supportive relationships, and set healthy boundaries. It also teaches principles taught by relationship experts like Dr. Glover to help participants develop a deeper understanding of the opposite sex. 

Moreover, The Alignment Blueprint teaches mindsets and heart sets from influential figures like Jesus, Gandhi, and Lao Tzu, to help young men stay grounded and centered even in the face of chaos or uncertainty. Participants learn how to manage their emotions, cultivate inner peace, and find strength in adversity.

Overall, The Alignment Blueprint is an invaluable resource for any young man who wants to become a better version of himself. With its practical strategies, insightful guidance, and supportive community, the program helps young men achieve their goals and live a life of purpose and fulfillment.

Enrolling in the program also provides an opportunity for men to start the journey to becoming a ValorMen.

According to Tristan, a ValorMan is a man that lives with shameless authenticity. A man that lives in congruence with his values and natural talents in both his career and relationships. A man that leads with integrity and compassion. 

For those interested in learning more please visit https://tristanmstahl.com/.

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Business Law & Legal Services Technology U.S

Legalese Decoder, AI legal language translation platform, announces its application to Seed Checks for funding

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Legalese Decoder, the AI-powered legal language translation platform, announces its application to Seed Checks for funding. The startup aims to revolutionize the legal industry by providing a solution to a common problem experienced by many: the difficulty of understanding legal language.

Founders and entrepreneurs are often left in the dark when it comes to deciphering legalese, which can be a major barrier to creating and running successful businesses. Legalese Decoder seeks to solve this problem by providing an easy-to-use platform that translates complex legal language into plain English.

Seed Checks, launched by venture capitalist and growth marketing entrepreneur Julian Shapiro, is a platform that allows founders to apply for funding from top investors in a quick and efficient manner. Legalese Decoder is excited to apply for funding through Seed Checks and join the thousands of other startups that have already applied.

Legalese Decoder’s AI-powered technology is unique in the legal industry, and the company is confident that it will have a significant impact on the industry as a whole. With the support of Seed Checks, Legalese Decoder aims to continue developing its technology and expanding its reach.

“Our goal is to make legal language accessible to everyone, regardless of their background or experience,” said Legalese Decoder founder, William Tsui. “We believe that our platform has the potential to change the legal industry for the better, and we are excited to partner with Seed Checks to make that vision a reality.”

Legalese Decoder has already received significant interest from investors and entrepreneurs alike, and the company is eager to continue growing its reach and impact. With Seed Checks, Legalese Decoder hopes to find the right investors who share its vision and can help take the company to the next level.

For more information about Legalese Decoder, visit our website at www.legalesedecoder.com. To learn more about Seed Checks, visit their website at www.seedchecks.com.

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Fashion & Beauty Food & Beverage Health & Medicine Lifestyle U.S

CBD Hempire Shop Launches: Delivering Premium Quality CBD Products Nationwide

New York, NY – CBD Hempire Shop is proud to announce the launch of our online store, offering a wide range of premium-quality, THC-free CBD products that are compliant with the 2018 Farm Bill to customers across the United States. Our products are carefully selected and rigorously tested to ensure the highest quality and purity, providing our customers with the best possible CBD experience.

At CBD Hempire Shop, we understand the importance of transparency and trust when it comes to CBD products. That’s why we only carry products from reputable, trusted brands that adhere to strict quality standards and third-party lab testing. Our product selection includes CBD oils, edibles, topicals, and more, all of which are made with high-quality hemp extract and natural ingredients.

“Our mission is to provide our customers with the best possible CBD experience, from the quality of our products to the level of customer service we provide,” said Buzz, CEO of CBD Hempire Shop. “We believe that CBD has the potential to help many people, and we’re committed to making it more accessible and approachable for everyone.”

In addition to our high-quality, THC-free products, CBD Hempire Shop also provides customers with educational resources and support to help them make informed decisions about their CBD use. Our site features a variety of articles, guides, and tutorials that cover topics such as CBD dosage, methods of consumption, and the science behind CBD’s potential benefits.

We’re excited to be launching our online store and bringing our passion for high-quality CBD products and customer service to customers across the United States. Visit CBD Hempire Shop today to experience the best in CBD products and support.

 

 

 

 

Disclaimer: The information provided in this document pertains to the 2018 Farm Bill and its implications on THC compliance. It is important to note that this information may not be up-to-date, comprehensive, or applicable to your specific situation. The content herein is intended for informational purposes only and should not be considered legal advice. We strongly recommend consulting with a qualified attorney or regulatory authority for guidance on compliance with the 2018 Farm Bill and any subsequent legislation or regulations related to THC and hemp-derived products.

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Finance Financial Market U.S

Revealing the Top 10 Credit Report Platforms: Unveiling the Comprehensive Guide to Mastering Credit Scores

[New York, NY] – Top Credit Report Site is pleased to announce the launch of our comprehensive guide to understanding credit scores. Our site is dedicated to providing consumers with the tools and resources they need to take control of their finances and make informed decisions about their credit.

Our team of experts has analyzed and reviewed the top credit report sites on the market, and we’ve compiled our findings into a comprehensive guide. Our guide includes detailed reviews of the top 10 credit report sites, as well as a wealth of information about credit scores, credit reports, and credit monitoring.

At [Top 10 Credit Report Site], we understand that your credit score can have a major impact on your financial well-being. That’s why we’ve made it our mission to provide consumers with the information they need to make informed decisions about their credit. Whether you’re looking to improve your credit score, monitor your credit report for fraud, or just learn more about how credit works, we’ve got you covered.

Our site features easy-to-understand articles, guides, and tutorials that are designed to help consumers navigate the complex world of credit. We’ve also included a variety of tools and resources, such as credit score calculators and credit monitoring services, to help consumers stay on top of their credit.

“We’re excited to launch Top 10 Credit Report Site and provide consumers with the resources they need to take control of their credit,” said Mario, CEO of Top Credit Report Site. “With our comprehensive guide and easy-to-use tools, consumers can feel confident about their credit and make informed decisions about their financial future.”

Visit Top 10 Credit Report Site today to access our comprehensive guide to understanding credit scores and start taking control of your credit.

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Business Computers & Software Technology U.K U.S

Microsoft Introduces Closed Captions in PowerPoint Live for Teams Meetings; Presentations Expected to be More Accessible

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Microsoft has reportedly rolled out the coveted Closed Caption feature in PowerPoint Live for Microsoft Teams meetings. 

Announcing the release on March 6th, 2023, Microsoft said that with this new feature, users seeking to make their presentations more accessible to a larger audience can add closed captions to any video file embedded in a PowerPoint slide. 

The new feature is currently available in PowerPoint for Mac and Windows operating systems, reported Commercial INTEGRATOR. 

Details of the Closed Caption Feature

Microsoft expects this new feature in Microsoft Teams to help people with language barriers or hearing impairments to participate in the meetings. Participants with issues in processing auditory information, or attending a meeting from a loud place can also benefit from the feature.  

Now, while in a Microsoft Team meeting, they won’t face difficulties comprehending the audio components of the video content embedded in a PowerPoint presentation being shared via PowerPoint Live. 

“Closed captions make PowerPoint presentations more accessible and benefit everyone who watches videos, especially those watching videos in their non-native language, people learning to read, and individuals who are deaf or hard of hearing,” said Microsoft in one of its Tech Community posts.

Additionally, meeting attendees can also activate or deactivate captions for any video project containing a closed captions file.

Once activated, attendees can find the Closed Caption feature at the bottom of their PowerPoint slides. Microsoft confirms the new addition, when turned on by a specific meeting attendee in the Teams, will not distract others.

Adding Closed Captions

In its Tech Community post, Microsoft has broken down the process of adding closed captions to video content included in a PowerPoint presentation:

  1. Open the required PowerPoint slide with the video content
  2. Select the video and click Insert Captions from the Playback tab
  3. Choose the WebVTT file or files to be added to the selected video content from the Insert Captions dialog box
  4. Click Insert Caption to add closed captions

When this PowerPoint presentation with closed captions is shared using PowerPoint Live in Microsoft Teams, the Closed Caption feature will automatically appear for all meeting attendees. 

To turn on closed captions, attendees need to:

  1. Press the Closed Captions options on the video player in the PowerPoint Live presentation
  2. Pick the language from the dropdown list

“Once turned on, the video closed captions will appear at the bottom of the slide for only the individual attendee, empowering each attendee to choose the closed captions setting that’s best for them without distracting other attendees who may prefer to have closed captions turned off,” explained Microsoft in the Tech Community post. “When no closed captions are available for a video, the closed captions button will be unavailable for participants to select.”

Turbocharge Your PowerPoint Presentation

With more than 500 million users worldwide, Microsoft PowerPoint seems like the obvious choice for many when it comes to creating business presentations.

However, with so much clicking, formatting, and manual calculations, creating a professional-looking presentation in PowerPoint becomes a time-intensive, cumbersome task. 

For users looking to create a great-looking presentation with stunning charts, using a high-end PowerPoint add-in like think-cell is a sensible decision.

A high-quality add-in fully integrates into Microsoft office 365 and helps users impress the audience while significantly saving them time.

Wrapping Up

Microsoft stated that the Closed Caption feature is “just a beginning.” The company is committed to delivering proactive and pleasant Teams meeting experience to attendees with hearing impairments.

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Computers & Software Technology U.K U.S

Atlassian Patches Critical Severity Authentication Vulnerability in Jira Software; Admins are Urged to Upgrade Their Installations

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Atlassian has reportedly released multiple fixes to patch a critical severity authentication vulnerability in its powerful ITSM tool—Jira Service Management Server and Data Center.

Jira Service Management Server and Jira Service Management Data Center run on top of Jira Core and enable future-focused enterprises to connect Dev, IT Ops, and business teams to boost productivity.

Breaking Down the Vulnerability

The broken authentication issue was detected in version 5.3.0, thus affecting all subsequent Jira software versions—from 5.3.0 to 5.3.1 and 5.4.0 to 5.5.0. 

Publishing an advisory, Atlassian underscored the flaw as a ‘critical severity’ authentication flaw based on the company’s specific severity code. Tracked as CVE-2023-22501, this authentication bug is rated with a CVSS score of 9.4 by the company. 

This authentication bug, if unpatched, could be exploited by threat actors to impersonate authentic users and in specific cases, infiltrate Jira Service Management instances, according to Infosecurity Magazine (reported by PERTI).

“With write access to a User Directory and outgoing email enabled on a Jira Service Management instance, an attacker could gain access to sign-up tokens sent to users with accounts that have never been logged into,” the company explained in its advisory.

“Access to these tokens can be obtained in two cases: If the attacker is included on Jira issues or requests with these users, or if the attacker is forwarded or otherwise gains access to emails containing a ‘View Request’ link from these users,” Atlassian explained.

Once the vulnerability is exploited and followed by a password change, no email notifying the change is sent to the account owner, which makes the detection of the account compromisation really tough. 

In the advisory, Atlassian warned users that the bot accounts are more likely to fall prey to attackers.

Until most recently, this authentication bypass issue has not been exploited maliciously in the wild. 

Atlassian Urges Admins to Upgrade Their Jira Software

As part of its effort to help admins address the vulnerability, Atlassian, in the above-mentioned directory, has declared the release of patches for Jira versions 5.3.3, 5.4.2, 5.5.1, 5.6.0, and later. 

The productivity software giant has urged admins to upgrade to the latest fixed versions of the software to mitigate the authentication flaw before attackers can hold sway over their accounts. 

However, for users who cannot upgrade their installations immediately, Atlassian has offered a temporary workaround solution. Atlassian has provided users with a JAR file that can be used to manually update the “service desk-variable-substitution-plugin.” 

Admins opting for the latest upgrades can get notified of which accounts had been compromised since deploying the older version.

However, upgrading a software instance is highly disruptive and involves intricate steps. For businesses seeking a smooth upgrade to the latest Jira versions, investing in a high-end Atlassian consultancy service like Automation Consultants is a sensible decision. 

By executing periodic security audits of Atlassian products like Jira, Bitbucket, and Confluence, a class-leading consultancy service with Atlassian experts can help teams evaluate the security posture of their Atlassian stack.

Atlassian suggests admins force a password reset on all potentially compromised accounts, for which confirming their email addresses is imperative. 

The company recommends users disconnect and shut down the breached server upon detecting a vulnerability in order to limit its extent. 

The company confirmed Jira services hosted on Atlassian Cloud via the atlassian.net domain were not impacted by the vulnerability. 

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Computers & Software Manufacturing & Industry Technology U.S

Luminate Capital Partners Makes Strategic Growth Investment in Ease, Inc.

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SAN CLEMENTE and SAN FRANCISCO – March 14, 2023 – Luminate Capital Partners, a private equity firm focused on enterprise software, announced last week a majority-stake growth investment in Ease, Inc. (“Ease”), a leader in manufacturing plant floor audit software.  

Luminate’s investment will help Ease expand its leadership position in the manufacturing software sector by accelerating new product development, innovation, and other key growth initiatives.  

The EASE plant floor audit SaaS platform is purpose-built to serve the manufacturing industry. EASE harnesses the plant floor data, provides deep insights into manufacturing processes, and delivers immediate ROI for customers via higher productivity, improved quality and safety, and lower costs and defects. EASE is used in more than 40 countries and 20+ languages to conduct millions of audits every year and is trusted by hundreds of global enterprise customers from automotive to aerospace, electronics, medical devices, food & beverage, packaging and more. 

“Manufacturers are just embarking on their digital transformation journey and EASE is right at the center. We are transforming business critical audit processes and providing actionable insights in real time for all types of manufacturing,” said Eric Stoop, CEO of Ease. “Ease is proud to be able to work hand in hand with manufacturers to drive efficiency, increase quality and employee safety, and reduce risk. We are excited to start this next chapter with Luminate and leverage their extensive experience in scaling and driving growth through product expansion and innovation.” 

Dave Ulrich, Partner at Luminate, said, “Ease is addressing a large global opportunity. Their innovative platform helps manufacturers simplify how they administer, conduct, and respond to plant floor audits, a process still often done manually on paper. Ease’s platform delivers significant value to customers today and we believe through additional product investment there’s opportunity to offer even more.” 

“Ease has seen impressive growth in recent years,” added Chris Murphy, Operating Partner at Luminate. “We are excited to partner with the team to support their continued growth and success.” 

In connection with the investment, Hollie Haynes, Chris Murphy, and Dave Ulrich will join Eric Stoop on Ease’s Board of Directors. Spotlight Equity Partners, Ease’s previous majority shareholder, will retain a minority stake.  

Suken Shah, Co-Founder and Managing Partner at Spotlight said, “We have been impressed with the entire Luminate team and believe they are a great partner for Ease going forward. We look forward to collaborating with them to build on the company’s strong momentum.” 

Lincoln International provided M&A advisory services to the shareholders of Ease and legal advice was provided by McDermott Will & Emery. 

Kirkland & Ellis was legal advisor to Luminate.  

Terms of the transaction were not disclosed.  

About Ease 

Ease’s multi-tenant SaaS solution is built for manufacturers of all sizes. The solution automates manual and time-consuming plant floor audits, inspections, and data collection to digitize a historically manual, paper-based approach. Leading manufacturers in 40+ countries around the world, including Dana, Eaton, and 3M, trust Ease to automate plant floor audits and keep pace with manufacturing requirements. Founded in 1986, Ease is headquartered in San Clemente, California. For more information, please visit www.ease.io.

About Luminate Capital 

Luminate Capital Partners is a private equity firm investing in growth software companies, based in San Francisco. Luminate’s portfolio of market leaders has included Axonify, Conexiom, Compliance & Risks, StarCompliance, Quantivate, Thought Industries and Suralink. For more information, please visit www.luminatecapital.com.  

About Spotlight Equity Partners 

Spotlight Equity Partners is a private equity firm investing in enterprise software companies. Spotlight’s current portfolio of software companies includes ScaleGrid, Pharos, Nicus, cFive, SirsiDynix, and Identity Automation. For more information, please visit www.spotlightequity.com.  

Media Contact:  

For Ease: 

Andrea Walter 

Chief Marketing Officer 

Ease 

andrea.walter@ease.io 

For Luminate:

Chris Tofalli 

Chris Tofalli Public Relations, LLC

chris@tofallipr.com

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Automotive Technology Travel U.S World

Say Goodbye to JFK Parking Hassles with ParkingAccess!

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ParkingAccess is a website that offers a comprehensive guide to parking at John F. Kennedy International Airport (JFK) in New York. The website has a team of expert writers who produce high-quality editorial and sensational content around JFK parking.

One of the reasons why ParkingAccess is so great concerning JFK parking is its deep understanding of the needs and concerns of travelers who use JFK. The website provides valuable information such as the locations of parking facilities, rates, and amenities. They also offer insider tips on how to save money and time when parking at JFK.

In addition to providing practical information, ParkingAccess also produces high-quality editorial content that is informative and engaging. Their articles cover a wide range of topics such as airport security, travel safety, and parking trends. Their writers are experts in the travel industry and provide valuable insights and advice for travelers.

One of the things that sets ParkingAccess apart from other websites is their ability to produce sensational content that captures readers’ attention. They use creative headlines and engaging visuals to inspire readers and motivate them. Their articles are also well-researched and have a unique perspective on travel-related topics.

Another great thing about ParkingAccess is their commitment to providing accurate and up-to-date information. They regularly update their website to reflect changes in parking rates and availability at JFK. They also provide real-time information on parking availability and wait times so that travelers can plan and avoid unnecessary stress.

ParkingAccess is also very user-friendly and easy to navigate. Their website is designed to be intuitive and responsive, making it easy for travelers to find the place they need quickly and easily. They also offer a range of tools and resources, such as a parking calculator and a parking map, to help travelers plan their trip.

In conclusion, ParkingAccess is a fantastic resource for travelers looking for information on parking at JFK. Their expert writers produce high-quality editorial and sensational content that is informative, engaging, and up-to-date. They deeply understand the needs and concerns of travelers who use JFK and provide practical information and insider tips to help make their trip as smooth and stress-free as possible. If you plan a trip to JFK, check out ParkingAccess for all your parking needs.

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Business Human Resources Professional Services Services U.S

Keri Laine Executive Solutions Is Making Waves In The Private Equity and Venture Capital Space.

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Orlando FL, April 3rd, 2023: Keri Laine Executive Solutions, a preeminent firm is making significant impacts on private and venture capital firms by helping them maximize profits, realize faster rates of returns, and offer value creation. The firm focuses on the executive team and talent aspects of deals pre, during, and post due-diligence as companies look to raise capital, prepare to go public, or if they are merging or acquiring. 

Keri’s team has deep experience in evaluating leadership capabilities, developing effective leaders, building productive teams, and creating frameworks for success. 

Keri Laine Executive Solutions utilizes a platform that ties the predictability of the executive team’s success to specific metrics driven by action plans. This is a key differentiator for investors to determine how best to leverage their investment dollars with a data-backed decision-making model.

The data-driven process aims to take the subjectivity out of decisions related to talent and people at various stages in a transaction.. This provides more transparency, and predictability for success. It also creates more precise outcomes in the financial modeling of a deal, helping founders, boards, and executive teams frame their value propositions when presenting their business cases to potential investors. 

According to Keri Laine “At a time when the quality and the diligence of a deal is a competitive advantage, our platform, methodology, and applied frameworks provide significant insight and greater confidence in each decision. This sets firms or founders who hire us miles ahead of others. It enables all sides of the event to make faster decisions that are rooted in more objectivity, have higher validity, and allow there to be collective agreement gained during diligence that leverage the talent of an organization at the right time – ahead of time. We accelerate the process, we generate value within the deal outcomes, we are a risk aversion, and we save millions of dollars by avoiding unforeseen potholes or pitfalls of a deal, specifically related to talent”. 

Keri Laine Executive Solutions helps investors, venture capitalists, and private equity firms maximize profits by developing strong leaders, building efficient teams, and creating frameworks for success. They do this by developing and implementing talent strategies for their clients. 

Keri Laine Executive Solutions’ fundamental mission is to assist in accelerating their client’s journey to profitability. 

The founder, Keri Laine, is a former global chief-level executive, a certified executive coach, and a proven business strategist in the entrepreneurial and investor space. She has coached more than 200 top executives and entrepreneurs, helping them disrupt their sectors with innovative success across the globe. She has taken three companies public, and been a part of dozens of mergers and acquisitions worldwide. 

Keri has led organizations through employee growth of 100 to 4,000, both public and private, with revenue stages from $40m to $5.6b. 

For more information about Keri Laine Executive Solutions, you can visit www.kerilaine.com.