(End) Allen J Hinkle, MD, who has developed acclaimed medical quality and cost management programs for several of the region’s largest and most respected health plans, has joined Blue Cross and Blue Shield of Vermont as it Chief Medical Director. Dr. Hinkle has responsibility for the Plan’s Medical Services Division, and will lead its overall medical cost management programs.“Allen is recognized across the industry as an innovator in helping health plans and employer groups manage their medical costs and improve the overall quality of health care,” said Don George, BCBSVT’s President and Chief Executive Officer. “We are delighted that he has agreed to bring his experience and his leadership skills to Blue Cross and Blue Shield of Vermont.”Dr. Hinkle, who is a board certified pediatric anesthesiologist, most recently served as senior vice president and chief medical officer at Tufts Health Plan, a Massachusetts-based managed care company. He redesigned Tufts’ medical management strategies, achieved significant medical cost reductions and led major improvements in the quality performance of the plan.Prior to joining Tufts in 2004, he served as vice president of health care quality and innovation for Blue Cross and Blue Shield of Massachusetts (2001-2004), and as chief medical officer and senior vice president at Blue Cross and Blue Shield of New Hampshire (1995-2000). Using clinical data to identify and address practice pattern variations and working with providers to implement “best practices” processes, he achieved significant cost reductions and quality improvements at each plan.“As a small, locally based health plan, Blue Cross and Blue Shield of Vermont has the opportunity to build on the well integrated medical cost management programs that it has in place and work closely with the state’s health care providers to achieve even better results for its customers and members,” Dr. Hinkle said.“It also is engaged in a pioneering partnership with Vermont state government to expand the BluePrint for Health program and improve the way health care is delivered to people with chronic conditions. This is an exciting time for the state and for Blue Cross and Blue Shield of Vermont, and I’m thrilled to be part of the team here.”Blue Cross and Blue Shield of Vermont is the state’s oldest and largest health insurer, providing coverage for about 160,000 Vermonters. It employs over 350 Vermonters at its headquarters in Berlin and branch office in Williston, and offers group and individual health plans. More information about Blue Cross and Blue Shield of Vermont is available on the Internet at www.bcbsvt.com(link is external). Blue Cross and Blue Shield of Vermont is an independent corporation operating under a license with the Blue Cross and Blue Shield Association, an association of independent Blue Cross and Blue Shield Plans.Source: BCBSVT. 5.6.2010
The return to permanent profitable freight rates in the dry bulk sector is still way off, however, there has been a slight fundamental market improvement, according to BIMCO’s latest market overview.Capesize ships have been in profitable territory earning above USD 15,300 per day since August, and Panamaxes likewise, as they have been hired for above USD 10,200 per day since September.Handymax/Supramax/Ultramax owners and operators who fixed their ships after August 21 have also seen freight rates covering, not just operational expenditures (OPEX) but also capital expenditures (CAPEX), leaving a slim return on investment, BIMCO’s data shows.Finally, the Handysize segment has, for the first time since April 2014, reached a freight rate level above USD 9,000 per day.Moving forward, the transport demand for dry bulk cargoes in Q1, 2018 is estimated to be considerably lower than the volumes transported in Q4, 2017, and that’s the first hurdle to cross. Maintaining slow steaming is another prerequisite to hold onto the gains that have been achieved, BIMCO added.The dry bulk demand is driven, as always, by China, which grew its seaborne imports of coal during the first nine months of 2017 by 18.7%, and its seaborne imports of iron ore during the first eight months, by 6.9% year-on-year. In total, this is a demand growth of 79m tonnes (27 + 52 respectively) for the two commodities year-to-date.For the current time and Q4 2017, selected seaborne trades from major exporters including iron ore, coal, grains, soya and steel products are expected to grow by 3.4% from Q3 2017 (source: SSY). Whereas, grain peaks in Q1 and Q3, and soya in Q2, the seaborne trading of steel products, coking coal, thermal coal and iron ore will all peak in Q4.“After a bit of a downturn in the market during the first half of October (which was expected), demand lifted freight rates again. It’s time to make the most of it, before seasonal low demand in Q1-2018 get the upper hand and push freight rates down,” BIMCO said.For the first nine months of the year, the dry bulk fleet has grown by 2.7%, already a three-year high.BIMCO expects the fleet will end up growing by 3.1% to 16 million dwt as demolition expectations are lower than the previously anticipated 19 million dwt.In the future, expected fleet growth remains quite low based on the ships on order now – and does not include orders not yet placed. 2018 could see the fleet grow by less than 1%.
by Tracy McCue, Sumner Newscow â€” Some residents are experiencing electrical outages due to the recent ice storm. Sumner-Cowley Electric Co-op Association reported that three sub-stations are currently without power resulting in 531 members without electricity.The substations of Norwich, Runnymead and Milan are experiencing electrical outages serving the 531 homes. Throughout the past 24 hours Sumner-Cowley Electric said there were 228 members without electricity at 11 a.m. Wednesday, 24 homes out at 5 p.m. and none of the members were out in the evening at 7:46 p.m.As far as the Wellington City is concerned, Cliff Zens of the Electric Department reported about six homes without power and two street lights which were affected by the weight of the ice on the lines.Â “That’s pretty minimal damage for us,” Zens said. Close Forgot password? Please put in your email: Send me my password! Close message Login This blog post All blog posts Subscribe to this blog post’s comments through… RSS Feed Subscribe via email Subscribe Subscribe to this blog’s comments through… RSS Feed Subscribe via email Subscribe Follow the discussion Comments Logging you in… Close Login to IntenseDebate Or create an account Username or Email: Password: Forgot login? Cancel Login Close WordPress.com Username or Email: Password: Lost your password? Cancel Login Dashboard | Edit profile | Logout Logged in as Admin Options Disable comments for this page Save Settings You are about to flag this comment as being inappropriate. Please explain why you are flagging this comment in the text box below and submit your report. The blog admin will be notified. Thank you for your input. There are no comments posted yet. Be the first one! Post a new comment Enter text right here! Comment as a Guest, or login: Login to IntenseDebate Login to WordPress.com Login to Twitter Go back Tweet this comment Connected as (Logout) Email (optional) Not displayed publicly. Name Email Website (optional) Displayed next to your comments. Not displayed publicly. If you have a website, link to it here. Posting anonymously. Tweet this comment Submit Comment Subscribe to None Replies All new comments Comments by IntenseDebate Enter text right here! Reply as a Guest, or login: Login to IntenseDebate Login to WordPress.com Login to Twitter Go back Tweet this comment Connected as (Logout) Email (optional) Not displayed publicly. Name Email Website (optional) Displayed next to your comments. Not displayed publicly. If you have a website, link to it here. Posting anonymously. Tweet this comment Cancel Submit Comment Subscribe to None Replies All new comments