TGH Brooksville
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TGH Brooksville
TGH Brooksville is a non-profit hospital in Brooksville, Florida, United States owned by Tampa General Hospital. It was purchased from Community Health Systems in July 2023. History 20th century Physician Samuel Carnes Harvard wanted to open a bigger hospital in Brooksville, Florida, with the help of Alfred McKethan, a local banker and businessman who donated land for the hospital. The Brooksville City Council and the Hernando County Commission supported building the hospital. Money was raised with bonds and donations, and Hernando County Hospital was built for US$40,000. It officially opened on October 1, 1936 on U.S. Route 41. In 1943, Hernando County Hospital expanded from 24 to 32 beds. It had an operating room delivery room and nursery. In 1948, eight beds were added to the hospital. In 1959, the first hospital administrator was hired for Hernando County Hospital. In 1962, a bigger hospital with 50 beds was built. In 1967, Hernando County Hospital was renamed Lykes Memor ...
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Tampa General Hospital
Tampa General Hospital (TGH) is a 1,040-bed non-profit hospital, tertiary, research and academic medical center located on Davis Island in Tampa, Florida, servicing western Florida and the greater Tampa Bay region. TGH is one of the region's only university-level academic medical centers. Tampa General Hospital is the primary teaching affiliate of the Morsani College of Medicine of University of South Florida. TGH also features the area's only ACS designated level I adult and pediatric trauma center and has a rooftop helipad to handle medevac patients. Attached to the medical center is the Tampa General Hospital Children's Medical Center that treats infants, children, adolescents, and young adults up to the age of 21. Tampa General Hospital has more than 8,000 team members and is one of five burn centers in Florida. History Local legend has it that the placement of what was originally named Tampa Municipal Hospital on Davis Islands was decided in a bunker of the Palma ...
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Grant (money)
A grant is a funding, fund given by a person or organization, often a Government, public body, charitable foundation, a specialised grant-making institution, or in some cases a business with a corporate social responsibility mission, to an individual or another entity, usually, a non-profit organisation, sometimes a business or a local government body, for a specific purpose linked to public benefit. Unlike loans, grants are not intended to be paid back. Examples include student grants, research grants, the Sovereign Grant Act 2011, Sovereign Grant paid by the UK HM Treasury, Treasury to the Monarchy of the United Kingdom, monarch, and some European Regional Development Fund payments in the European Union. European Union European Union grants The European Commission provides financing through numerous specific calls for project proposals. These may be within Framework Programmes for Research and Technological Development, Framework Programmes.Many seven-year programmes are per ...
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Debt
Debt is an obligation that requires one party, the debtor, to pay money Loan, borrowed or otherwise withheld from another party, the creditor. Debt may be owed by a sovereign state or country, local government, company, or an individual. Commercial debt is generally subject to contractual terms regarding the amount and timing of repayments of #Principal, principal and interest. Loans, bond (finance), bonds, notes, and Mortgage loan, mortgages are all types of debt. In financial accounting, debt is a type of financial transaction, as distinct from equity (finance), equity. The term can also be used metaphorically to cover morality, moral obligations and other interactions not based on a monetary value. For example, in Western cultures, a person who has been helped by a second person is sometimes said to owe a "debt of gratitude" to the second person. Etymology The English term "debt" was first used in the late 13th century and comes by way of Old French from the Latin verb ' ...
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Lease
A lease is a contractual arrangement calling for the user (referred to as the ''lessee'') to pay the owner (referred to as the ''lessor'') for the use of an asset. Property, buildings and vehicles are common assets that are leased. Industrial or business equipment are also leased. In essence, a lease agreement is a contract between two parties: the lessor and the lessee. The lessor is the legal owner of the asset, while the lessee obtains the right to use the asset in return for regular rental payments. The lessee also agrees to abide by various conditions regarding their use of the property or equipment. For example, a person leasing a car may agree to the condition that the car will only be used for personal use. The term rental agreement can refer to two kinds of leases: * A lease in which the asset is tangible property. Here, the user '' rents'' the asset (e.g. land or goods) ''let out'' or ''rented out'' by the owner (the verb ''to lease'' is less precise because it c ...
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Health Management Associates (Florida Company)
Health Management Associates was a for-profit corporation which operated hospitals and other health care facilities in the southern United States. It was headquartered at 5811 Pelican Bay Blvd. in North Naples, Florida. Background Health Management Associates (HMA) was an organization that provided people, processes, capital, and subject matter expertise to hospitals and physician practices per their individual needs or governing requirements. Additional functions that HMA provides to hospitals and provider groups are to invest capital for renewal of hospital facilities, recruiting of physicians to expand community resources or hospital services, and promote the use standardized best practices throughout HMA facilities. In 2010, they purchased the former Wuesthoff Healthcare hospitals, headquartered in Rockledge, Florida for $145 million. Community Health Systems entered into an agreement with HMA in 2013 to purchase HMA for about $3.6 billion in cash and stock. The merger made ...
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Mergers And Acquisitions
Mergers and acquisitions (M&A) are business transactions in which the ownership of a company, business organization, or one of their operating units is transferred to or consolidated with another entity. They may happen through direct absorption, a merger, a tender offer or a hostile takeover. As an aspect of strategic management, M&A can allow enterprises to grow or downsize, and change the nature of their business or competitive position. Technically, a is the legal consolidation of two business entities into one, whereas an occurs when one entity takes ownership of another entity's share capital, equity interests or assets. From a legal and financial point of view, both mergers and acquisitions generally result in the consolidation of assets and liabilities under one entity, and the distinction between the two is not always clear. Most countries require mergers and acquisitions to comply with antitrust or competition law. In the United States, for example, the Cl ...
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Bankruptcy
Bankruptcy is a legal process through which people or other entities who cannot repay debts to creditors may seek relief from some or all of their debts. In most jurisdictions, bankruptcy is imposed by a court order, often initiated by the debtor. Bankrupt is not the only legal status that an insolvent person may have, meaning the term ''bankruptcy'' is not a synonym for insolvency. Etymology The word ''bankruptcy'' is derived from Italian language, Italian , literally meaning . The term is often described as having originated in Renaissance Italy, where there allegedly existed the tradition of smashing a banker's bench if he defaulted on payment. However, the existence of such a ritual is doubted. History In Ancient Greece, bankruptcy did not exist. If a man owed and he could not pay, he and his wife, children or servants were forced into "debt slavery" until the creditor recouped losses through their Manual labour, physical labour. Many city-states in ancient Greece lim ...
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TGH Spring Hill
TGH Spring Hill is a non-profit hospital in Spring Hill, Florida, United States owned by Tampa General Hospital. It was purchased from Community Health Systems in July 2023. History Regional Healthcare Inc. had Spring Hill Hospital built and equipped for $22 million. In October 1991, Spring Hill Hospital opened with 75 Hospital bed, beds. This Venture capital, business venture failed, forcing Regional Healthcare Inc. to file for bankruptcy. In late May 1998, a bankruptcy judge approved the Mergers and acquisitions, acquisition of Regional Healthcare Inc. by Health Management Associates (Florida company), Health Management Associates. Also the hospital network signed a thirty-year lease with Hernando County for Spring Hill Regional Hospital. Health Management Associates paid off $78 million of debt owned by Regional Healthcare Inc. to its creditors. It also paid Hernando County $300,000 each year in rent and it spent $25 million to make improvements on Brooksville Regional Hospit ...
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Renovation
Renovation (also called remodeling) is the process of improving broken, damaged, or outdated structures. Renovations are typically done on either commercial or residential buildings. Additionally, renovation can refer to making something new, or bringing something back to life and can apply in social contexts. For example, a community can be renovated if it is strengthened and revived. It can also be restoring something to a former better state (as by cleaning, repairing, or rebuilding). Renovation is very common in some places. For example, there are more than twenty thousand home improvement projects every year in Hong Kong, affecting more than a million residents (population of HK is around 7.5 million in 2023). Phases and process of renovations The building renovation process can usually, depending on the extents of the renovation, be broken down into several phases. The phases are as follow. *Project initiation - The beginning of the project that includes the hiring of c ...
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Management
Management (or managing) is the administration of organizations, whether businesses, nonprofit organizations, or a Government agency, government bodies through business administration, Nonprofit studies, nonprofit management, or the political science sub-field of public administration respectively. It is the process of managing the resources of businesses, governments, and other organizations. Larger organizations generally have three Hierarchy, hierarchical levels of managers, organized in a pyramid structure: * Senior management roles include the board of directors and a chief executive officer (CEO) or a President (corporate title), president of an organization. They set the strategic goals and policy of the organization and make decisions on how the overall organization will operate. Senior managers are generally executive-level professionals who provide direction to middle management. Compare governance. * Middle management roles include branch managers, regional managers, ...
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X-ray
An X-ray (also known in many languages as Röntgen radiation) is a form of high-energy electromagnetic radiation with a wavelength shorter than those of ultraviolet rays and longer than those of gamma rays. Roughly, X-rays have a wavelength ranging from 10 Nanometre, nanometers to 10 Picometre, picometers, corresponding to frequency, frequencies in the range of 30 Hertz, petahertz to 30 Hertz, exahertz ( to ) and photon energies in the range of 100 electronvolt, eV to 100 keV, respectively. X-rays were discovered in 1895 in science, 1895 by the German scientist Wilhelm Röntgen, Wilhelm Conrad Röntgen, who named it ''X-radiation'' to signify an unknown type of radiation.Novelline, Robert (1997). ''Squire's Fundamentals of Radiology''. Harvard University Press. 5th edition. . X-rays can penetrate many solid substances such as construction materials and living tissue, so X-ray radiography is widely used in medical diagnostics (e.g., checking for Bo ...
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Blood Bank
A blood bank is a center where blood gathered as a result of blood donation is stored and preserved for later use in blood transfusion. The term "blood bank" typically refers to a department of a hospital usually within a clinical pathology laboratory where the storage of blood product occurs and where pre-transfusion and blood compatibility testing is performed. However, it sometimes refers to a collection center, and some hospitals also perform collection. Blood banking includes tasks related to blood collection, processing, testing, separation, and storage. For blood donation agencies in various countries, see list of blood donation agencies and list of blood donation agencies in the United States. Types of blood transfused Several types of blood transfusion exist: * Whole blood, which is blood transfused without separation. * Red blood cells or packed cells is transfused to patients with anemia/iron deficiency. It also helps to improve the oxygen saturation in blood. It can ...
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