Digital Reasoning lands investment

Data analytics firm Digital Reasoning has landed deal with investment firm In-Q-Tel that will make the Franklin company's technology available within the U.S. intelligence community. According to the announcement this morning, IQT has made a strategic investment in Digital Reasoning, along with a licensing and development agreement. The amount of the investment was not disclosed, but a spokesman for the company said the deal is part of an investment strategy for Digital Reasoning to secure more venture capital funding this year.
“With the explosive growth of data over the last decade, there is a need for a new generation of solutions that provide timely, actionable intelligence at massive scale,” said T.J. Rylander, Partner on IQT’s Investments team. “The technology being developed by Digital Reasoning offers great promise to address this challenge and meet the unique needs of our customers in the U.S. Intelligence Community.”
Digital Reasoning's analysitc software allows users to review facts and associations across millions of documents to identify useful information, even among coded or disguised messages. It's primarily used by the Department of Defense.
Feb 16, 2011 12:28 PM

Carnival Kia wheels into Franklin

Dealership to take over Franklin Pontiac-Buick-GMC lot
Feb 15, 2011 1:45 PM

At least you

Universal Health Services CFO Steve Filton told attendees at a health care conference this week  that the performance company's acute care segment remains "muted," but said the company's behavioral health segment — which mostly consists of Psychiatric Solutions' acquired operations — is going strong. Pennsylvania-based UHS (Ticker: UBS) acquired Franklin's Psych Solutions in November for $3.1 billion.
Feb 10, 2011 7:04 AM

Franklin Tomorrow leader resigns

Natalie Dodd Whitten is resigning from her post as executive director of nonprofit community group Franklin Tomorrow effective April 30. During her time with the organization, it has expended its board of directors, added a new fundrasing event and initiated a review of its strategic goals.
Feb 4, 2011 1:17 PM

'We'll be here for a long time'

U.S. Marshals Service officers today raided the Franklin home of Sommet CEO Brian Whitfield and his wife. But it might be a while before creditors of the HR services company that used to sponsor the home of the Predators see some money coming their way.
A tipster called and said they saw a moving truck outside with seven agents loading up boxes from the home. Shelton said they are there to remove property but haven't touched a thing yet. Marshals can't remove property because Marsha Whitfield filed for personal bankruptcy. Shelton said they will remain on the property pending orders of the court.
Feb 2, 2011 2:16 PM

Resource site for Franklin nonprofits

A Leadership Franklin class is leading the creation of an online resource guide for nonprofits in Williamson County. When completed, will offer a comprehensive guide to a "spectrum of services" for nonprofits.

“Williamson County is celebrated as one of the most successful in the nation, but many of our citizens depend on assistance from hundreds of non-profit organizations that exist for that purpose,” said Al Gregory, Cadence Bank’s community president and a member of the Leadership Franklin group. “A comprehensive online resource guide for Williamson County residents doesn’t exist, and we believe it can become a vital source of information for people looking for help.”

An organizational meeting will be held on Feb. 17 at 5:30 p.m. at Cadence Bank on East Main Street in downtown Franklin. All Williamson County non-profits are encouraged to attend.

Feb 1, 2011 7:33 AM

Healthways expands Hawaii contract

Healthways has signed a 10-year contract with the Hawaii Medical Service Association. Franklin-based Healthways — which has been working with HMSA for the past decade — will provide disease management, care management, pharmacy benefit management, and health promotion, prevention and quality improvement services to the plan's 700,000 members.
“This is an important part of our effort to provide our members the best quality, most affordable health care in the nation,” said Robert P. Hiam, president and CEO of HMSA. “Utilizing Healthways’ nationally recognized expertise in health management and health coaching enables HMSA to streamline our core business functions, expand patient support services for our providers and continue working to create an economically sustainable health care delivery system in Hawaii,” Hiam added.
HMSA will also transfer operations of HMSA wellness and prevention support subsidiary Integrated Services to Healthways. Approximately 125 HMSA and ISI employees will be offered positions by Healthways, which already has a staff of 60 workers at an office in Kapolei, Hawaii, to service its HMSA work. Healthways (Ticker: HWAY) will also assume responsibility for HMSA’s current health research functions.
Jan 26, 2011 7:54 AM

The Score gaming center adds Franklin location

Bradley Metrock and his team at The Score in Cool Springs are counting down the hours to the opening of their second video game center, which will be inside the Sodium funplex on Columbia Avenue south of downtown Franklin.
Jan 25, 2011 8:01 AM

Spheris parent gives IPO details

In preparation for its initial public offering, Spheris parent company CBaySystems Holdings on Friday filed an amended S-1 with the Securities and Exchange Commission. The new filing says the company plans to offer 3.5 million shares at $11 a pop, netting about $28.5 million. The company's current stockholders also will offer about 4.3 million shares. CBay, through a subsidiary company, acquired the assets of bankrupt Franklin medical transcription company Spheris last year. Since then, CBay has shifted its corporate headquarters to Franklin.
Jan 24, 2011 7:21 AM

Guess that makes sense

Decisive Media gave Nissan North America the "Green Company of the Year Award" at its 15th Annual Urban Wheels awards because it offers "the only affordable, five-passenger, fully electric vehicle offered by a mainstream nameplate in the United States." We're talking about the LEAF, of course.
Jan 10, 2011 2:00 PM