Occupancy Gains Could Boost Brookdale’s Home Health Business with HCA Takeover Pending

Ruben Onsu

When Brookdale Senior Living Inc. (NYSE: BKD) was looking at prospective buyers of its home health and hospice segment, it was in a vulnerable position.

Its home health business had been “disappointing” at times, in the words of Brookdale President and CEO Cindy Baier. Occupancy in its senior living segment was falling during the COVID-19 crisis to record lows.

But now that HCA Healthcare (NYSE: HCA) — one of the biggest health systems in the U.S. — has agreed to acquire 80% of its home health and hospice business, the forecast is generally positive for Brookdale.

Not only will it

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Local Business Owner Reacts To Easing of COVID Restrictions

Ruben Onsu

(KNSI) – A St. Cloud business owner says the easing of COVID-19 restrictions is a move in the right direction.

Starting at noon on Friday, Minnesota is eliminating restrictions on outdoor dining and outdoor gatherings. Bar and restaurants can also stay open to their regular time.

Starting May 28, COVID restrictions on capacity limits for indoor events will be eliminated.

Ray Harrington owns Pioneer Place of Fifth Theatre, 7 West Taphouse, and Boulder Taphouse in St. Cloud says May 28 changes will make a big difference.

“We’ll be able to sell more tickets per show. We have a couple of

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The State Tax Costs of Doing Business

Ruben Onsu

Note: A landmark comparison of corporate tax costs in all 50 states, Location Matters calculates and analyzes the tax burdens of eight model firms: a corporate headquarters, a research and development facility, a technology center, a data center, a shared services center, a distribution center, a capital-intensive manufacturer, and a labor-intensive manufacturer. Each firm is modeled twice, first as a new operation eligible for tax incentives and then as a mature operation not eligible for such incentives.

The result is a comprehensive calculation of real-world tax burdens designed as a resource for policymakers, corporate executives, trade organizations, site-selection experts,

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Covid Shot in the Arm Not Enough to Keep Pharmacies in Business

Ruben Onsu

Tobin’s pharmacy and department store had already stocked its shelves with Easter and Mother’s Day items last spring, and the staff had just placed the Christmas orders. The shop in Oconomowoc, Wisconsin, had been operating on a razor’s edge as retail sales moved online and mail-order pharmacies siphoned off its patients. It was losing money on 1 out of 4 pill bottles filled, so the front of the store, where it sold clothing, cosmetics and jewelry, had been compensating for pharmacy losses for years.

“And then covid hit,” said Dave Schultz, who co-owned the store with his brother. “And that

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Kyndi Launches Game-changing Cognitive Search Solution, Enabling Business Users to Quickly Obtain Accurate Answers to Natural Language Questions

Ruben Onsu

SAN FRANCISCO, May 5, 2021 /PRNewswire/ — Kyndi, Inc., an industry leader in delivering next-generation AI solutions for business users, announced today a game-changing intelligent search product powered by its proprietary cloud AI platform. The new Spring 2021 release of Kyndi Cognitive Search Platform is designed to understand the true intent of a business user inquiry against documents, emails, manuals, or other forms of textual data to return contextually relevant answers. Providing dramatic time and cost-savings for companies accustomed to needing long and expensive machine learning cycles to train models on business-specific language, the Kyndi platform can easily interpret

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What To Do Before, During, And After The Sale

Ruben Onsu

The time has finally come: you’re ready to sell your business. Planning for the sale of a small business may seem daunting. Perhaps you’re not sure where to begin or how to go about selling a business. To make the process as easy and profitable as possible, you’ll want to start planning early. Having time on your side can really pay off when selling a business. Whether you’re ready to retire or just move on to a new venture, here’s a primer on

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