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So far mattblois has created 145 blog entries.

Community Health System will sell two hospitals in Florida

Community Health Systems sold two hospitals in Florida, including Lake Wales Medical Center in Lake Wales, Florida. // Photo courtesy of Lake Wales Medical Center By MATT BLOIS Community Health Systems will sell two hospitals in Florida. The hospital chain based in Franklin had 195 hospitals at the end of 2015, and now that number

By | 2019-05-23T17:34:30-05:00 May 23rd, 2019|Categories: Business, BW-Healthcare, BW-News|Tags: |Comments Off on Community Health System will sell two hospitals in Florida

Medical device maker will set up headquarters in Franklin

By MATT BLOIS The medical device maker Medacta is moving its U.S. headquarters from Chicago to Franklin. The company plans to invest $2.5 million and create more than 50 jobs in Franklin over the next five years, according to a press release from the Department of Economic and Community Development. The new facility located on

By | 2019-05-21T01:43:27-05:00 May 21st, 2019|Categories: Business, BW-News|Tags: |Comments Off on Medical device maker will set up headquarters in Franklin

American Addiction Centers reports it’s at risk of delisting from stock exchange again

By MATT BLOIS The Brentwood based addiction treatment company American Addiction Centers reported  on Friday that it’s again at risk of being delisted from the New York Stock Exchange. Last week, the company received a notice that its market capitalization had fallen below $50 million. AAC will need to submit a plan to improve its

By | 2019-05-20T17:53:22-05:00 May 20th, 2019|Categories: Business, BW-News|Tags: |Comments Off on American Addiction Centers reports it’s at risk of delisting from stock exchange again

Teens in Williamson are working less than teens in other counties, or maybe they have Etsy stores

Drew Huffman started a mobile detailing business when he was in high school. The labor force participation rate for teens across the U.S. has been decreasing for decades. / Photo courtesy of Drew's Mobile Detail By MATT BLOIS Teens in Williamson County are less likely to join the labor force than teens in other Tennessee

By | 2019-05-19T18:54:00-05:00 May 20th, 2019|Categories: Business, BW-News|Tags: |Comments Off on Teens in Williamson are working less than teens in other counties, or maybe they have Etsy stores

Ovation developer still hasn’t paid a multimillion debt to avoid foreclosure ahead of a June deadline

By MATT BLOIS The developer of the Ovation property in Franklin still hasn’t paid a multimillion dollar debt due on June 1. If Georgia based developer Thomas Ovation LLC can’t pay creditors $44 million by June 1, they will be able to foreclose on the property. The company, operated by Stanley Thomas, is developing about

By | 2019-05-17T19:41:57-05:00 May 17th, 2019|Categories: Business, BW-News, BW-Real-Estate|Tags: |Comments Off on Ovation developer still hasn’t paid a multimillion debt to avoid foreclosure ahead of a June deadline

Local fans are planning a Star Wars convention featuring collectible toys worth more than your car

Participants at the 2018 Imperial Commissary Convention pose at the Ag Expo center in Franklin. // Photo courtesy of Imperial Commissary By MATT BLOIS A group of Star Wars fans, led by Nolensville resident Michael Havens, are planning the second iteration of a convention featuring collectible toys, including some that are worth more than a

By | 2019-05-15T21:22:34-05:00 May 16th, 2019|Categories: Business, BW-News, Featured - BVHP|Tags: , |Comments Off on Local fans are planning a Star Wars convention featuring collectible toys worth more than your car

Private prison operator CoreCivic increases earnings forecast

By MATT BLOIS The private prison operator CoreCivic, which will move its headquarters to Brentwood later this year, reported strong financial results during the first quarter of 2019. Net income was up more than 30% compared to the first quarter of 2018, and the company is increasing its earnings forecast for the year. Later this

By | 2019-05-15T16:22:07-05:00 May 15th, 2019|Categories: Business, BW-News|Tags: |Comments Off on Private prison operator CoreCivic increases earnings forecast

Nutrisystem boosts revenues and expenses at Tivity

By MATT BLOIS The acquisition of the mail-order diet Nutrisystem boosted revenue and expenses at Franklin-based Tivity Health. Tivity earned $214 million in revenue during the first quarter of 2019, more than a 40% increase compared to the year before. Much of that increase in revenue comes from the company’s acquisition of Nutrisystem in early

By | 2019-05-13T14:02:27-05:00 May 13th, 2019|Categories: Business, BW-News|Tags: , |Comments Off on Nutrisystem boosts revenues and expenses at Tivity

Quorum has lower admissions and revenues, hopes to cut costs further this year

By MATT BLOIS The Franklin based hospital chain Quorum Health Corporation had lower admissions and revenue during the first quarter of 2019 compared to the previous year. Executives from the company said the lower first quarter numbers were due in large part to cost cutting initiatives that started last year. The company plans to continue

By | 2019-05-13T14:05:15-05:00 May 13th, 2019|Categories: Business, BW-Healthcare, BW-News|Tags: |Comments Off on Quorum has lower admissions and revenues, hopes to cut costs further this year

AAC prepares to unveil a new vision as it tries to recover from a drop in patient numbers

By MATT BLOIS The Brentwood addiction treatment company American Addiction Centers plans to unveil a new, long-term vision for the company next week. That announcement comes as the company reports that some patient metrics are improving following a drop last year, but revenues are still much lower than in previous years. “It's time to lay

By | 2019-05-09T20:29:02-05:00 May 10th, 2019|Categories: Business, BW-News|Comments Off on AAC prepares to unveil a new vision as it tries to recover from a drop in patient numbers