CalPERS

Purchaser Business Group on Health Launches Program to Connect Employees to Top-Performing Primary and Specialty Care Providers

Retrieved on: 
Wednesday, April 10, 2024
Blue Shield, Certification, CalPERS, Michelin Guide, Patient, Nursing

Designed to establish a gold standard in health care, this innovative program rigorously evaluates and identifies top-tier advanced primary care teams based on an employer and purchaser set of standards and shared quality metrics.

Key Points: 
  • Designed to establish a gold standard in health care, this innovative program rigorously evaluates and identifies top-tier advanced primary care teams based on an employer and purchaser set of standards and shared quality metrics.
  • Blue Shield of California, recognizing the potential of the Care Excellence Program to set a new benchmark in health care quality and accessibility, is collaborating with PBGH to implement market testing and early adoption of the program.
  • Results will be used to improve care and ensure providers are working toward practicing advanced primary care within its network.
  • The PBGH Care Excellence Program enables large, self-insured employers to connect their employees and dependents with the highest-performing health care providers in their area to deliver advanced primary care and referrals to specialists providing the highest level of quality care,” she said.

Institutional Investors Express Support For Trian’s Candidates at Disney

Retrieved on: 
Monday, April 1, 2024
Failure, TSR, Coca-Cola, Telephone, Avon Products, CalPERS, Compensation, ISS, Egan-Jones Ratings Company, Nomination, Magic, Management

NEW YORK, April 01, 2024 (GLOBE NEWSWIRE) -- The Trian Group,1 which beneficially owns over $3.5 billion of common stock in The Walt Disney Company (NYSE: DIS), today announced that two respected institutional investors, the California Public Employees' Retirement System (CalPERS), the country’s largest public pension fund, and Neuberger Berman, a global asset manager, have expressed their support for both of Trian’s nominees, Nelson Peltz and Jay Rasulo, in connection with Disney’s annual meeting, which is scheduled to be held this Wednesday, April 3, 2024.

Key Points: 
  • Two new directors who are qualified and capable of leading needed change in corporate governance will serve the Disney board well.
  • Despite recent improvements, in our opinion, the deficiencies of the board that ultimately led to the failed 2020 succession endeavor and related consequences remain.
  • [W]e believe these succession planning challenges have impacted business continuity and distracted from business performance.”10
    Other investors and independent proxy advisory firms have also indicated their support for Nelson Peltz and Trian.
  • Trian commented on the votes and recommendations from these influential investors and research firms:
    While Disney has touted the endorsements15 of its service providers16 and advisors,17 we are pleased to have earned the support of independent, respected institutional investors and proxy advisory firms.

GovInvest Celebrates 10th Anniversary with Major Client Wins

Retrieved on: 
Tuesday, April 2, 2024
Workforce, Public sector, CalPERS, Government, County, Renewable energy

WEST HOLLYWOOD, Calif., April 2, 2024 /PRNewswire/ -- GovInvest , the leading provider of analytics technology for government agencies, marks its 10th anniversary with a series of significant client wins, solidifying its position as a trusted partner in the public sector.

Key Points: 
  • WEST HOLLYWOOD, Calif., April 2, 2024 /PRNewswire/ -- GovInvest , the leading provider of analytics technology for government agencies, marks its 10th anniversary with a series of significant client wins, solidifying its position as a trusted partner in the public sector.
  • "We proudly celebrate a decade serving our valued clients in the public sector," said Michael Fryke, CEO of GovInvest.
  • Since its inception a decade ago, GovInvest has revolutionized financial and workforce analytics for governmental entities across the nation.
  • In celebration of its milestone anniversary, GovInvest is proud to announce several recent client acquisitions that have joined over 1,000 agencies served since 2014.

African Agriculture Holdings Announces Michael Rhodes as Chief Executive Officer

Retrieved on: 
Tuesday, February 6, 2024
RET, Agriculture, Bureau, CalPERS, Private sector, United, Economy, Farmer, State, AAGR, Health, African Affairs

New York, NY, Feb. 06, 2024 (GLOBE NEWSWIRE) -- African Agriculture Holdings Inc (Nasdaq: AAGR) announced the hiring of Mr. Michael Rhodes as the company’s Chief Executive Officer. Rhodes brings decades of operating experience in large-scale agriculture across Africa, including hands-on management of over 16,000 hectares of productive farmland across more than eight East and West African nations.

Key Points: 
  • New York, NY, Feb. 06, 2024 (GLOBE NEWSWIRE) -- African Agriculture Holdings Inc (Nasdaq: AAGR) announced the hiring of Mr. Michael Rhodes as the company’s Chief Executive Officer.
  • Rhodes brings decades of operating experience in large-scale agriculture across Africa, including hands-on management of over 16,000 hectares of productive farmland across more than eight East and West African nations.
  • Rhodes succeeds Mr. Alan Kessler as Chief Executive Officer, who successfully grew and transitioned African Agriculture from a private company through its NASDAQ listing.
  • Kessler will continue in his role as Chairman of the African Agriculture board and continue in the operational role of Chief Strategy Officer.

Former CalPERS Executive Named Executive Director of the National Institute for Public Employee Health Care Policy

Retrieved on: 
Tuesday, January 30, 2024
Service provider, Chairperson, DMHC, Research, National Policy Institute, Public policy, Affordable Care Act, Policy, Multimedia, CalPERS, Administration, Federation, COVID-19, Public sector, Vaccine, California Department, Management

WASHINGTON, Jan. 30, 2024 /PRNewswire/ -- Today, the National Institute for Public Employee Health Care Policy (the Institute) announced that Marta Green has been named its Executive Director, effective January 30, 2024.

Key Points: 
  • WASHINGTON, Jan. 30, 2024 /PRNewswire/ -- Today, the National Institute for Public Employee Health Care Policy (the Institute) announced that Marta Green has been named its Executive Director, effective January 30, 2024.
  • "We can achieve better health care value and outcomes for millions of public sector employees, retirees, and families."
  • Green brings a wealth of experience in health care delivery system reform, public policy, and public affairs.
  • The National Institute for Public Employee Health Care Policy (the Institute) is a non-profit (501)(c)(3), nonpartisan, national policy institute focused on public policy areas impacting health care plans available to public sector employees, retirees, and their beneficiaries.

“Shamebridge”: UNITE HERE Local 11 Launches Boycott of Aimbridge Hospitality

Retrieved on: 
Tuesday, January 23, 2024
Public Policy, Government, State, Local, Lodging, Travel, Communications, Social Activism, Labor, Advocacy Group Opinion, Eye, University, UNITE, CalPERS, Sale, Advent International, Advent, Acquisition, Aimbridge Hospitality, Safety, IPO, Pressure, Airport, National Labor Relations Board, Restaurant, Action Replay, Growth

On the first day of the American Lodging and Investment Summit, UNITE HERE Local 11 members announced a boycott of Aimbridge Hospitality, the largest third-party hotel operator in the world, until the company agrees to sign a fair contract at its union properties in Southern California.

Key Points: 
  • On the first day of the American Lodging and Investment Summit, UNITE HERE Local 11 members announced a boycott of Aimbridge Hospitality, the largest third-party hotel operator in the world, until the company agrees to sign a fair contract at its union properties in Southern California.
  • The boycott announcement comes as 29 hotels across Los Angeles and Orange County have reached tentative labor agreements with their workers.
  • Aimbridge Hospitality has failed to meet the hotel contract standard, leading to what has become protracted labor disputes at the listed properties.
  • UNITE HERE Local 11 is a labor union representing more than 32,000 hospitality workers in Southern California and Arizona that work in hotels, restaurants, universities, convention centers and airports.

HealthPartners names new health plan senior vice president

Retrieved on: 
Monday, January 8, 2024
Professional Services, Health, Hospitals, Practice Management, Insurance, Health Insurance, General Health, CalPERS, UnitedHealth Group, HealthPartners, University, Business administration, Master of Business Administration, Multimedia, Management

HealthPartners today announced that Mohammad (Moe) Suleiman has been named senior vice president of commercial business for its health plan.

Key Points: 
  • HealthPartners today announced that Mohammad (Moe) Suleiman has been named senior vice president of commercial business for its health plan.
  • Suleiman begins this week and will be responsible for leading health plan growth strategies across all geographic markets, including Minnesota, northeastern Wisconsin, North Dakota and South Dakota and Iowa.
  • View the full release here: https://www.businesswire.com/news/home/20240108924861/en/
    HealthPartners today announced that Moe Suleiman has been named senior vice president of commercial business for its health plan.
  • (Photo: Business Wire)
    “Moe is a strategic, mission-driven leader with extensive experience in health plan sales, business development and client relationship management,” said Jennifer Danielson, HealthPartners chief health plan officer.

10X Capital Venture Acquisition Corp. II and African Agriculture, Inc. Announce Closing of Business Combination

Retrieved on: 
Wednesday, December 6, 2023
Diplomacy, State, World Bank, Agriculture, Private equity, Acquisition, Farmer, City, National Association, Yale University, Aquaculture, United, CalPERS, Fellow, Initial public offering, Food security, Capital, Ticker, Employment, Area studies, United Nations, Soil, CFA

NEW YORK, NY, Dec. 06, 2023 (GLOBE NEWSWIRE) -- 10X Capital Venture Acquisition Corp. II (“10X II”) (NASDAQ:VCXA), a publicly traded special purpose acquisition company, announced today that it has completed its previously announced merger with African Agriculture, Inc., a global food security company operating a commercial-scale alfalfa farm on the African continent.

Key Points: 
  • In connection with the closing, 10X II changed its name to “African Agriculture Holdings Inc.” (“African Agriculture”).
  • As a result, the public holders of the 262,520 10X II Class A ordinary shares will receive an additional 103,842 shares for a total of approximately 366,362 shares of African Agriculture’s common stock.
  • Ambassador to Niger under President Barack Obama; and Osman Ahmed, Managing Director and Head of Private Equity at 10X Capital.
  • Hans Thomas, Chairman and CEO of 10X Capital Venture Acquisition Corp. II, stated, “We are excited to complete the merger with African Agriculture and bring a pure-play Africa listing to the U.S. public markets.

The Integrated Healthcare Association (IHA) Selects Cozeva to Support California Advanced Primary Care Initiative, Focusing on the California “Core 4”

Retrieved on: 
Wednesday, December 6, 2023
IHA, RFP, Ecosystem, DHCS, Movement, Colorectal cancer, CQC, Health equity, CalPERS, DMHC, Patient, Organization

Cozeva is a comprehensive population health solution for clinical quality performance, risk adjustment, and total cost of care management.

Key Points: 
  • Cozeva is a comprehensive population health solution for clinical quality performance, risk adjustment, and total cost of care management.
  • The initiative includes a focus on the “Core 4,” a critical part of the advanced primary care measure set.
  • "Cozeva's support of the California Advanced Primary Care Initiative represents a significant step in our mission to align private payers and providers in their value-based journey,” says Khanh Nguyen, CEO of Cozeva.
  • The initiative is building and scaling a primary care model that emphasizes comprehensive, team-based, patient-centered care, the integration of physical and behavioral health, and high-quality outcomes.

UNITE HERE Local 11: First LAX Strikes in 20 Years Pose Potential Fiduciary Risk for Public Pension Funds

Retrieved on: 
Wednesday, December 13, 2023
Professional Services, Transportation, State, Local, Commercial Building & Real Estate, Construction & Property, Travel, Labor, Air, Transport, REIT, Finance, Public Policy, Government, CalPERS, Policy, Investment, Labour, LAX, Coffee, WSIB, PAI Partners, Airport, University, Hatred, Housing, Dunkin, Biophysical environment, UNITE, California Pizza Kitchen, PAI, Los Angeles International Airport, Area, Restaurant, ESG

“My coworkers and I are on strike because our futures depend on us fighting for what we deserve,” said Joshawa Nichols, fast food attendant at Areas.

Key Points: 
  • “My coworkers and I are on strike because our futures depend on us fighting for what we deserve,” said Joshawa Nichols, fast food attendant at Areas.
  • Workers went to Olympia to testify about the ongoing strikes and the potential fiduciary risks they pose for the boards’ beneficiaries.
  • UNITE HERE Local 11 members have testified at numerous pension fund board meetings over the past eight months.
  • On November 13, California Public Employees’ Retirement System (CalPERS) was the first fund to pass a comprehensive Labor Principles policy.