FALLS

Farris, Riley & Pitt Attorney Darius Crayton Named Partner

Retrieved on: 
Tuesday, March 12, 2024
Personal injury, Partner, Mississippi State University, Economics, University, Practice of law

BIRMINGHAM, Ala., March 12, 2024 /PRNewswire/ -- Farris, Riley & Pitt, a personal injury law firm with offices in Birmingham, Ala. and Peachtree Corners, Ga., is pleased to announce the promotion of Darius Crayton to the position of Partner within the firm.

Key Points: 
  • BIRMINGHAM, Ala., March 12, 2024 /PRNewswire/ -- Farris, Riley & Pitt, a personal injury law firm with offices in Birmingham, Ala. and Peachtree Corners, Ga., is pleased to announce the promotion of Darius Crayton to the position of Partner within the firm.
  • "Darius embodies every value that Farris, Riley & Pitt strives to uphold," Founding Partner Kirby Farris said.
  • Prior to joining Farris, Riley & Pitt, Darius represented clients who were victims of work-based discrimination and wrongful termination before serving as a deputy district attorney in Jefferson County.
  • "We are delighted to name Darius as a Partner with our firm," said Partner Ken Riley.

Host Defense® MycoBrew® Packets are BPI Certified Commercially Compostable!

Retrieved on: 
Tuesday, March 12, 2024
Brit Awards 2020, Health, Mane, Disease, Paul Stamets, Fungus, System, Carbon, Compost, Host, BPI, Multimedia, Food, Tea

OLYMPIA, Wash., March 12, 2024 /PRNewswire/ -- Industry leader Fungi Perfecti, LLC - makers of Host Defense® Mushrooms™ - is pleased to announce the specially developed material used for their single-use MycoBrew® drink mix packets has been BPI Certified as Commercially Compostable.

Key Points: 
  • OLYMPIA, Wash., March 12, 2024 /PRNewswire/ -- Industry leader Fungi Perfecti, LLC - makers of Host Defense® Mushrooms™ - is pleased to announce the specially developed material used for their single-use MycoBrew® drink mix packets has been BPI Certified as Commercially Compostable.
  • Host Defense® MycoBrew® single-use packets are BPI Certified Commercially Compostable!
  • The packaging underwent extensive testing to confirm compliance with rigorous international compostability standards and has been certified as commercially compostable by the Biodegradable Products Institute (BPI), the leading authority on compostable packaging in the US.
  • These packets can be included in green bins for organic and yard waste pick-up where available, and anywhere that accepts commercially compostable packaging.

Consumer participation in the credit market during the COVID-19 pandemic and beyond

Retrieved on: 
Tuesday, April 2, 2024
Tax, BLS, Face, La Cava, Liquidity, Journal of Economic Perspectives, Special, MRO, Recovery, Next Generation, Child, Interview, Transport, Attanasio, Consumer behaviour, DFR, Research Papers in Economics, Post-Keynesian economics, Gross domestic product, .177 caliber, Great Moderation, European Commission, Vaccine, Employment, Loan, PDF, Hall, House, ECB, Unemployment, Risk, Shock, Education, Rutgers University Press, Quarterly Journal, Policy, Real estate economics, EU Council, Woman, HHS, World Health Organization, Section 4, Clutch (eggs), MIT Press, Omicron, De Nederlandsche Bank, Social science, Federal Reserve Bank, Modigliani, EDS, JEL, Christian Social Union (UK), Female, Section 3, COVID-19, The Journal of Finance, Journal, Classification, News, Journal of Monetary Economics, Oxford Economic Papers, Death, Insurance, Journal of Economics, FRB, FED, Credit, HFCS, Economy, Deficit reduction, Vaccination, Princeton University Press, Literature, CES, Application, University of Oxford, Paper, R.E, Quarterly Journal of Economics, Section 2, European Central Bank, Civil service commission, C23, COVID, Conference, European Council, Central bank, Lifting, HH, Political economy, Consumer confidence index, European Parliament, MIT, RRF, Monetary economics, Household, Perception, Section 5, Bank, Structure, Reproduction, Website, HICP, Aimé Dossche, Working paper, Housing, Cambridge, Massachusetts, Heart, Fabbri, American Economic Review, Partner, Data, Collection, Probability, Government, Real estate

We find that credit demand is highest when

Key Points: 
    • We find that credit demand is highest when
      the first lockdown ends and it drops when supportive monetary compensation schemes are implemented.
    • Credit is more likely to be
      accepted under favourable borrowing conditions and after the approval of national recovery plans.
    • We also find
      that demographic, economic factors, perceptions and expectations are associated with the demand for credit and
      the credit grant.
    • First, it adds to a rapidly growing literature on household
      borrowing behaviour during the COVID-19 pandemic; see, for example, Ho et al.
    • We provide evidence that credit applications and credit acceptances display a different pattern over
      time.
    • Credit is more likely to be accepted under favourable borrowing conditions and after the
      approval of national recovery plans.
    • In almost all countries
      households are significantly less likely to apply and to get their credit approved than in Germany.
    • In line with literature, we show that
      demographic and economic factors affect the probability for credit applications and credit approval.
    • In addition,
      the paper shows that consumer perceptions and expectations matter when they decide to apply for credit.
    • Introduction

      The participation of households in the credit market receives wide attention in the consumer finance literature
      because consumer credit enters the monetary policy transmission mechanism through the so-called ?credit
      channel?: changes in credit demand and supply have an effect on consumers' spending and investment, which in
      turn affect economic growth.

    • We use microdata from the ECB?s Consumer Expectations Survey (hereinafter CES), a survey that
      measures consumer expectations and behaviour in the euro area.
    • Its panel dimension allows for an assessment of
      how consumer behaviour changes over time and how consumers respond to critical economic shocks.
    • This way we can gauge how credit applications and credit acceptances change under different, almost
      opposite, borrowing conditions.
    • We also distinguish between the demand for long-term secured loans (mortgages) and for short-term
      uncollateralized loans (consumer loans).
    • ECB Working Paper Series No 2922

      3

      We use probit models to estimate the probability of the consumer to apply for credit and the credit being granted.

    • The rate peaks in 2020Q3 which reflects the rebound in the demand for loans when the first lockdown ended.
    • In almost all countries households are significantly less likely
      to apply and to get their credit approved than in Germany.
    • However,
      when it comes to credit acceptance, we observe that the two groups of households are more similar.
    • Finally, we find some heterogeneity with respect to the type of credit, particularly between secured and unsecured
      debt.
    • The demand for
      consumer credit is insignificant for liquid households and decreases significantly for constrained households in
      the last two quarters of our timespan.
    • The first consists of a recently growing literature which
      explores consumer behaviour in the credit market during the COVID-19 pandemic, mostly in the United States.
    • Sandler and Ricks (2020) show that consumers did not use credit card debt for financial liquidity in the early stage
      of the COVID-19 pandemic.
    • (2020) report that credit card applications and new mortgage loans
      declined during the first months of the pandemic in regions with more unemployment insurance claims.
    • Lu and
      Van der Klaauw (2021) show that there was a sharp drop in consumer credit demand, especially for credit cards.
    • (2022) document that there was a substantial decrease in the usage of credit cards and home equity lines
      of credit by Canadian consumers.
    • Our paper is also consonant with studies on the association between financial and demographic factors and
      consumers? participation in the credit market as well as on the demand for specific types of credit.
    • January 2020 ? October 2020 - The two main events are the outbreak of the COVID-19 pandemic and the
      consequential lockdowns in the euro area.
    • 4 If the
      respondent has applied for more than one type of credit, she is asked to refer to the most recent credit application.
    • Between 2021Q3 and 2022Q3 the acceptance
      rate stays above the average values, mirroring the easing of credit standards for consumer credit and other lending
      to households during this period.
    • Second, we can investigate the presence of nonlinearities in how liquidity and the credit type interact in explaining credit applications.
    • (2023) ? who show that in the United States the local pandemic severity had a strong
      negative effect on credit card spending early in the pandemic, which diminished over time.
    • First, we select mortgages and consumer credit as the two mostly reported categories for secured and

      13

      The full estimation results are reported in Table 3.

    • The right-hand side panel of Figure 6 shows that the demand for consumer credit is insignificant for both liquid
      and illiquid households.
    • It also shows that
      subjective perceptions of credit access, financial concerns and expectations on interest rates matter for the demand
      for credit.
    • In Bertola, G., Disney
      R., and Grant, C. (eds) The Economics of Consumer Credit, Cambridge MA, MIT Press.
    • Horvath, A., Kay, B. and Wix, C. (2023) The COVID-19 shock and consumer credit: Evidence from credit card
      data.
    • Magri, S. (2007) Italian households? debt: The participation to the debt market and the size of the loan.

The Westin Maui Concludes $160 Million Transformation with the Debut of Kūkahi Tower

Retrieved on: 
Wednesday, March 6, 2024
Sports, Restaurant, Bar, Luxury, Vacation, Other Travel, Lodging, Destinations, Golf, Food, Beverage, Travel, Construction & Property, Retail, REIT, Kaanapali, Hawaii, Acquisition, Westin Hotels & Resorts, Atmosphere, Multimedia, USB, Growth, Tranquillity, Hope, Virtual reality, Drink, Textile, Farm, Pidgin to Da Max, Ocean Tower

The Westin Maui Resort & Spa, Kāʻanapali marks the completion of its multi-year, $160 million transformation with the complete renovation and rebranding of the Ocean Tower into Kūkahi Tower.

Key Points: 
  • The Westin Maui Resort & Spa, Kāʻanapali marks the completion of its multi-year, $160 million transformation with the complete renovation and rebranding of the Ocean Tower into Kūkahi Tower.
  • View the full release here: https://www.businesswire.com/news/home/20240306681061/en/
    The Westin Maui Resort & Spa, Kāʻanapali marks the completion of its multi-year, $160 million transformation with the complete renovation and rebranding of the Ocean Tower into Kūkahi Tower.
  • (Photo: Business Wire)
    “Our original tower, which once stood alone, has been renamed Kūkahi, which literally means ‘to stand alone’ or ‘stand upright’ in Hawaiian,” said Joshua Hargrove, general manager of the Westin Maui.
  • Each room features curated details like bespoke artwork, unique printed textiles and woven area rugs designed specifically for Kūkahi.

Oragenics, Inc. Prepares Drug for Phase II Clinical Trials to Treat Concussion

Retrieved on: 
Tuesday, March 5, 2024
Pharmaceutical, Health, Clinical Trials, Mental Health, CTE, Nasal administration, Active ingredient, Metabolism, IIA, Traumatic brain injury, Concussion, API, Nasal cavity, Animal, GMP, Common, Traffic, Safety, Patient, DSM-IV codes, Phase, Chronic traumatic encephalopathy, NCE, Brain, Pharmaceutical industry

The drug candidate is expected to be combined with its novel intranasal device, for the treatment of mild Traumatic Brain Injury, aka concussion.

Key Points: 
  • The drug candidate is expected to be combined with its novel intranasal device, for the treatment of mild Traumatic Brain Injury, aka concussion.
  • A 40-patient Phase I human study showed ONP-002 to be safe and well-tolerated.
  • Phase II patients will be recruited between the ages of 18-55 in the acute phase following concussion.
  • “Preclinical intranasal targeting of the brain has been shown to improve outcomes in animals and safety margin following concussion.

MorningStar Senior Living Expands SafelyYou to 32 Locations After Reducing Silent Falls by 43% in Just Five Months

Retrieved on: 
Thursday, February 29, 2024
Software, Managed Care, Data Management, Consumer, Baby Boomers, Technology, Artificial Intelligence, Health Technology, Audio, Video, Seniors, Practice Management, Health, Morning, Risk, Senior living, Injury, Retirement, Death, Organization, Partnership

With this expansion, SafelyYou technology will be in the Memory Care neighborhoods of 32 MorningStar communities.

Key Points: 
  • With this expansion, SafelyYou technology will be in the Memory Care neighborhoods of 32 MorningStar communities.
  • SafelyYou offers world-leading AI video technology combined with 24/7 remote clinical experts to both detect and help prevent falls.
  • Silent falls are true falls where the resident may be injured, but self-recovers, and does not report the incident.
  • SafelyYou cut MorningStar’s silent falls by a remarkable 43%, significantly reducing risk for the residents and the communities.

ChristianaCare Announces Partnership with Emerus Holdings Inc. to Build and Operate Three Neighborhood Hospitals in Southeastern Pennsylvania

Retrieved on: 
Tuesday, February 27, 2024
Health, Hospitals, Practice Management, Other Health, Managed Care, General Health, Biotechnology, Stroke, Hospital, Chadds Ford, Pennsylvania, Hippocrepis, Cardiology, Injury, ChristianaCare, Bed, Kennett Square, Pennsylvania, Splenic infarction, Patient, MPH, Sports medicine, Neurology

That’s the vision ChristianaCare and its partner, Emerus Holdings Inc., have for three neighborhood hospitals they will open in Pennsylvania in 2025.

Key Points: 
  • That’s the vision ChristianaCare and its partner, Emerus Holdings Inc., have for three neighborhood hospitals they will open in Pennsylvania in 2025.
  • Together, the three neighborhood hospitals represent a new layer of care coming to southeastern Pennsylvania.
  • ChristianaCare has partnered with Emerus Holdings Inc ., the nation’s leading developer of neighborhood hospitals (also referred to as micro-hospitals), to develop and operate the three neighborhood hospitals.
  • “We are proud to partner with ChristianaCare, one of the nation’s leading health care systems,” said Emerus CEO Vic Schmerbeck.

Tochtech Technologies Adds Trellis Seniors to Its Portfolio of Sleepsense Clients

Retrieved on: 
Wednesday, February 21, 2024
Biometrics, Seniors, Practice Management, Nursing, Managed Care, Health, Health Technology, Consumer, Pressure, Quality of life, Growth, Sleep, Bed, Trellis, Long-term care, Safety, Management

Tochtech Technologies is pleased to announce the company has added Trellis Seniors to its growing portfolio of Toch Sleepsense clients.

Key Points: 
  • Tochtech Technologies is pleased to announce the company has added Trellis Seniors to its growing portfolio of Toch Sleepsense clients.
  • Trellis’ decision to adopt Sleepsense for all their beds, is a significant milestone in the growth of Tochtech’s Sleepsense client community.
  • “We are honoured to work with Trellis Seniors, and we are confident that Sleepsense will help Trellis Seniors achieve its goals in enhancing quality of care for residents,” said Jessica Yang, CEO of Tochtech.
  • Mary McDougall, CEO of Trellis Seniors, expressed enthusiasm for the organization's investment in Sleepsense, "At Trellis Seniors, our foremost priority is the well-being of the residents we serve.

Attorney Sandra Neuman, of Sandra Neuman Law, secured a $1.4 million verdict against UPMC Passavant

Retrieved on: 
Saturday, March 2, 2024
Legal advice, Passavant, Safety, Fracture, Injury, Counsel, Multimedia, UPMC, Risk

PITTSBURGH, March 1, 2024 /PRNewswire-PRWeb/ -- On Thursday, February 29, an Allegheny County jury awarded a 62-year-old man from Mars, PA, $1.4 million in damages for negligence resulting from a fall that caused permanent injury to his dominant arm. The incident occurred when the man was admitted to UPMC Passavant for a scheduled hip surgery. His surgery had to be postponed due to low sodium levels. During this time, he was identified as a level 2 fall risk requiring bathroom supervision. He was escorted to the bathroom by two UPMC employees but then left alone. The fall caused a severe fracture to his dominant arm requiring extensive medical interventions, including three surgeries thus far with a looming fourth surgery, a fusion.

Key Points: 
  • Sandra Neuman Law secured a $1.4 million medical malpractice verdict against UPMC Passavant for negligence resulting from a fall that caused permanent injury to his dominant arm.
  • The incident occurred when the man was admitted to UPMC Passavant for a scheduled hip surgery.
  • Defense Counsel Fredrick Bode and Alyssa Dedola from Dickie McCamey & Chilcote represented UPMC Passavant.
  • Attorney Sandra Neuman , representing the plaintiff, uncovered internal UPMC documents highlighting critical lapses in care.

Cochlear calls for action in Washington D.C. ahead of World Hearing Day

Retrieved on: 
Wednesday, February 28, 2024
Blood pressure, Bangladesh Technical Education Board, Social isolation, Hearing, General Motors, Cochlear implant, Research, Greater Baltimore Medical Center, NIH, SVP, Quality of life, Ageing, Public health, Loneliness, Risk, Cochlear, World Hearing Day, Health, Hearing loss, Diplomatic mission, Policy, Patient, Family, Child, Speech, Development, Dentistry

WASHINGTON, Feb. 28, 2024 /PRNewswire/ -- Today, Cochlear assembled a team of hearing experts to emphasize the importance of hearing health for policy makers at the Australian Embassy in Washington D.C. ahead of World Hearing Day on Sunday March 3rd.

Key Points: 
  • WASHINGTON, Feb. 28, 2024 /PRNewswire/ -- Today, Cochlear assembled a team of hearing experts to emphasize the importance of hearing health for policy makers at the Australian Embassy in Washington D.C. ahead of World Hearing Day on Sunday March 3rd.
  • "After I took action and received my first cochlear implant in 1993, my life absolutely changed for the better."
  • Echoing Dr. Lin's education messaging, panelist Barbara Kelley, Executive Director of The Hearing Loss Association of America (HLAA) spoke about changing mindsets, urging Americans to protect hearing in noisy environments, check hearing with regular exams and treat hearing loss as soon as possible.
  • "If left unaddressed, hearing loss poses significant challenges to overall health and can be progressive, leading to greater hearing loss over time.