HCA taps new West Florida president

HCA announced today that it has named Peter Marmerstein as its new West Florida Division president, succeeding Dan Miller.

“Peter is a veteran hospital administrator with more than 30 years experience in multiple settings,” said Chuck Hall, President of HCA’s National Group. “He has a proven track record and has done a great job leading the integration of the two CJW campuses while continuing to foster growth and expand their services. We are pleased to welcome him to the West Florida Division”

In his new position, Marmerstein will oversee "16 hospitals and 16 surgery centers on the west coast of Florida and near Orlando."

Feb 21, 2012 10:20 AM

Florida prison privatization plan voted down

Nashville-based Corrections Corp. of America and its main competitor GEO Group won't have a chance to pick up hundreds of millions of dollars in new Florida business after legislators there voted against a plan to privatize more than 20 prisons. GEO's CEO had called the proposal the private prison sector's biggest-ever contract opportunity. Shares of CCA (Ticker: CXW) have held steady over the past few days and are up about 11 percent in the past three months. The company last week beat analysts' estimates with its fourth-quarter earnings.

Feb 15, 2012 7:28 AM

Big Florida prison privatization plan hangs in balance

Florida lawmakers are rapidly approaching a showdown vote on the large prison privatization plan that would give Corrections Corp. of America the chance to win some big new contracts in the southern half of the state. State senators on Monday narrowly voted against an amendment to the plan. But it looks like a final vote on the proposal will result in a deadlock.

SEE ALSO: Florida moves closer to big prison privatization from late last month

Feb 14, 2012 11:38 AM

Label exec Stroud responds to financial woes report

Comments provide context to money struggles, SunTrust suit
Feb 8, 2012 7:24 AM

Florida moves closer to big prison privatization

A plan to privatize about 30 prisons in the southern part of Florida is headed to that state's Senate soon. The proposal, which has met with opposition from labor unions and some lawmakers, would put Nashville-based Corrections Corporation of America in position to secure many new contracts.

Jan 30, 2012 9:27 AM

HCA hospital hit with $178M verdict

A jury in Jacksonville has awarded a man $178 million — $10 million of the dollar figure punitive — after ruling that doctors at HCA Holdings' Memorial Hospital Jacksonville missed a complication from gastric bypass surgery. As a result, Clay Chandler said he suffered damage to his eyes and brain. HCA officials say they plan to appeal the massive award.

Jan 24, 2012 7:17 AM

Healthcare Realty sells in Massachusetts

REIT also taking charge on five other properties now for sale
Jan 9, 2012 2:35 PM

Add the Sunshine State to CeCe's roster

Frozen yogurt chain Sweet CeCe's will next week open the doors to a Jacksonville store that will be its first in Florida. Moving into the Sunshine State gives CeCe Moore's concept a presence in nine states. Also coming soon is an expansion into San Antonio. Check out the chain's growing footprint here.

Dec 15, 2011 7:00 AM

Local resident charged as part of $120M tax fraud scheme

A Whites Creek man has been charged with tax fraud and linked to a national scheme that Department of Justice investigators say cost taxpayers $120 million. In a statement Tuesday, DOJ officials said David Clum Jr. was one of seven people who filed almost 400 false tax returns and put on seminars in Florida and Tennessee to recruit clients. Clum, who has not yet been arraigned, faces up to 215 years in prison if convicted.

According to the indictment, the false return scheme was national in scope, causing the filing of tax returns for at least 180 clients from 30 different states, requesting more than $120 million worth of fraudulent tax refunds. The indictment alleges that the defendants and clients of the scheme collectively filed more than 380 tax returns, mostly from tax year 2008 but also for other tax years, reporting the amount of their personal debt obligations as both income and as federal tax withholding.

Dec 7, 2011 11:48 AM

Cashia fertility venture expands into Florida

Vivere Health, the operator of fertility clinics run by former National Renal Alliance CEO Joe Cashia, has expanded into Florida by partnering with an Orlando doctor to open the Vivere - Winter Park Fertility Laboratory. Cashia, who in the spring of 2010 raised more than $20 million to launch Vivere, plans to recruit additional doctors and open satellite clinics in the area.

Dec 5, 2011 10:43 AM