Boca Raton Regional Hospital could seek strategic partnership or merger

Boca Raton Regional Hospital announced on Monday that it will explore a “strategic partnership” with another health care provider — a process that could result in a merger or acquisition.

The 400-bed nonprofit hospital has been one of the most successful in South Florida at raising funds for expansion, having established the Marcus Neuroscience Institute, the Christine E. Lynn Women’s Health and Wellness Institute, the Lynn Cancer Institute, and the Gloria Drummond Physical Rehabilitation Institute. It has also grown its physician network, opened urgent care centers, and established an academic partnership with the Florida Atlantic University College of Medicine.

“By any metric, we have evolved into one of the outstanding healthcare providers in the state of Florida,” BRRH Chair Christine E. Lynn said. “Yet, there is another level to which we aspire and a partnership with a provider who shares in our mission, culture and goals will accelerate our ability to reach our full potential.”

The hospital’s board formed a steering committee to evaluate such opportunities. It will be led by Dick Schmidt, a former chair of the hospital board.

The process includes exploring the possibility of a merger or acquisition with a local, statewide or national health care provider, said BRRH President and CEOJerry Fedele. However, the hospital would remain a nonprofit and not become part of a for-profit company, he added.

“Most not-for profit community hospitals embody the essence of their community and Boca Raton Regional is the premier example of a hospital born out of community need and supported by philanthropy and volunteers,” Fedele said.

Forming a strategic partnership would mitigate the challenges of a stand-alone organization, increase its access to capital, and allow it to develop nationally recognized clinical programs, he said.

Fedele previously told the board he would retire at the end of August 2018.

BRRH is one of the few stand-alone nonprofit hospitals remaining in South Florida. Bethesda Health in Boynton Beach is set to merge with Baptist Health South Florida later this year. Jupiter Medical Center is also a stand-alone nonprofit. For-profit hospital chains HCA and Tenet Healthcare Corp. control the majority of hospital beds in Palm Beach County.

Florida Launch Gets Third Straight Win

The Florida Launch defeated the Atlanta Blaze last weekend 19-16 at Florida Atlantic University Stadium. With the win, the Launch have won three consecutive games. With the win, the Launch move to third place in the Major League Lacrosse standings with a 5-3 record.

The all-time series between these two teams is now 2-1 in the Launch’s favor. Both teams have met three times while playing in MLL.

Before this game the Launch had beaten the New York Lizards twice, once on the road and once at home, giving the Launch some momentum as they took on the Blaze.

Picking up in the second with 5:22 on the clock with the score being 10-9 in Atlanta’s favor,  Dylan Molloy for the Launch was able to tie things up with a quick goal from the left side of the field making the score 10-10.

After the faceoff, Atlanta came right back however and with the score now being 13-11. Atlanta’s Jake Withers ran down the field on a fast break and put the ball in the back of the net making the score 14-11 with 2:37 in the second quarter.

Heading into the third the Florida Launch was only down by one with a score 14-13. The Launch’s Molloy was able to make a great pass and assist to his teammate Kieran Mcardle who put in a shot right in front of the goal to tie up the game again now at 14 a piece with 9:21 left in the third.

Then on a reverse pass from Kevin Rice to Randy Stats, the Blaze broke the tie with a go-ahead goal making it 15-14 with only seven seconds in the third quarter.

The Launch’s Mcardle got another goal on the day bouncing the ball off the ground and into the net to once again even the score late in the game to make it 15 all.

To take the lead for the first time Nick Mariano for the Launch ran up and swung his stick with all his might and scored a goal, putting his team up in the game.

Running as fast as he could around the goal the Launch’s Ryan Drenner took the ball and put it home for another goal putting the launch up by two 17-15.

Drenner, once again for the Launch, running around the goal threw a quick pass to Mcarle who pulled a hat trick with his third goal of the game and a score of 18-16.

Mcarle would score his fourth and final goal of the game to make it a final of 19-16 for the Florida Launch.

The Launch will look to continue its winning streak as they take on the Charlotte Hounds on Saturday, June 24 on the road at American Legion Memorial Stadium at 7:30pm.

Top 10 Things You Need To Know This June In Boca Raton

  1. Florida Atlantic University’s Department of Theatre and Dance in the Dorothy F. Schmidt College of Arts and Letters has announced its summer lineup for Festival Repertory Theatre 2017. “Sense and Sensibility,” a play by Kate Hamill based on the Jane Austin novel, will run from Friday, June 23 through Saturday, July 22; the musical “Into the Woods” will run from Friday, June 30 through Sunday, July 30;  and a Piano Gala will be featured on Monday, June 12 at 7 p.m. All shows are in the University Theatre and Studio One Theatre, 777 Glades Road, Boca Raton campus.
  2.  Save the date for the 28th annual Chris Evert/Raymond James Pro-Celebrity Tennis Classic. The event will take place the weekend of November 3-5. For information on tickets or sponsorships, or to volunteer at the event, please Chrisevert.org.
  3.  Boca Raton has been ranked as a “2017 Best Cities for Seniors to Retire” report by consumer research website GoodCall.com. The report reviewed data from 1,662 cities and Boca ranked No. 64. It is within the top 5 percent for its criteria including healthcare, weather, affordability and low crime rates.
  4.  Head to the Willow Theatre at Sugar Sand Park to see Rockin’ Red Riding Hood presented by Atlantic Coast Theatre For Youth  on June 11. Rock along with Little Red, Grandma, Jack Lumber, and B.B. Wolf as the traditional story is updated in this “Rock Musical.” The history of Rock n’ Roll is creatively woven into the show as original songs progress through different styles—from The Blues to Modern Rock. Meet and greet with audience after both shows. The show times are 11 a.m. and 2 p.m. Tickets cost $8 for adults and $6 for children 12 and under.
  5.  FAU Old Time will perform a free concert in the park on Sunday, June 18 at 7 p.m. at Mizner Park. Food and beverage will b e available for purchase.
  6.  Grab your blankets and catch a screening of Fantastic Beasts and Where to Find Them on Friday, June 23 at 8 p.m. at Mizner Park. There will be a magic pre-show that begins at 7:30 p.m.
  7.  Catch John Mellencamp in concert on Sunday, June 25. Doors open at 5:30 and the show begins at 7 p.m. at Mizner Park Amphitheater. Special guests include Emmylou Harris, Carlene Carter and Lily & Madeleine. Visit axs.com
  8.  Adventure Vault has a new escape room called “Mystery of Sherlock.” The mystery begins with the disappearance of Sherlock Holmes. Only you can save him, but you are trapped. Before you can go look for him, you must solve the clues and puzzles in the room you’ve been locked in. With one hour to figure it out, players must use their brain power and team work to get out in time.
  9.  The new $14 million Gloria Drummond Physical Rehabilitation Institute at Boca Raton Regional Hospital is open. The 37,500 square-foot facility was created out of a lead gift from Elaine J. Wold and other philanthropic support, and is named after the Hospital’s founder, Gloria Drummond. It replaces what was formerly Boca Regional’s Davis Therapy Centers.
  10.  According to a study by FRACTL, Boca Raton uses more envious hashtags like #jealous, than any other city on Twitter.

Boys & Girls Club of Boca Raton Announce New Advisory Board Slate

Boys & Girls Club of Boca Raton  announced that four new members have been selected to serve on its advisory board.

 

The new board members are Chairman, Philip Studer; Vice Chairman, Austin Bohlman; Treasurer, John Strickroot and Secretary, Nate Brown.

Philip Studer is a vice president at Comerica Wealth Management with a banking career that spans more than three decades.

Studer is a graduate of the University of Akron in Akron, OH, and holds an MBA from John Carroll University in Cleveland, OH. He has been a member of the Boca Raton-based George Snow Scholarship Fund for 11 years, is a former member of the board of directors and current trustee member of the Greater Boca Raton Chamber of Commerce, a Leadership Boca 2007 graduate, former board member of Fort Lauderdale-based House of Hope, a dual disorder (Mental Health and Substance Abuse) Rehabilitation Center as well as former board chairman of the Boca Raton Housing Authority. Studer and his wife, Joanne, of 32 years reside in Boca Raton and have two adult children.

Austin Bohlman is an advisor within the Investment Management Division of Goldman Sachs in West Palm Beach. He previously worked as an advisor at J.P. Morgan Securities, the wealth management division of J.P. Morgan, in Atlanta, GA. Prior to J.P. Morgan, Bohlman worked for Citco Fund Services (USA) Inc. in New York City where his clients were hedge funds and private equity firms in the northeast U.S. He earned a B.S. in Finance from Auburn University. He, his wife Mandy, and two daughters are residents of Boca Raton.

Bohlmann sits on the board of Sovereign Order of St. John of Jerusalem, the Palm Beaches Commandery, and is an active member of Ascension Catholic Church.

John C. Strickroot, Jr. is a partner in the West Palm Beach office of Shutts & Bowen LLP, where he is a member of the Real Estate Practice Group. A Martindale-Hubbell AV® rated attorney, Strickroot has more than 25 years of legal experience representing clients in the acquisition and disposition of real estate and business interests, real estate development, general corporate matters, loan transactions of all types, and workouts and collection matters.

Prior to joining Shutts, Strickroot was the president and general counsel to a large Sarasota real estate development company and an internal auditor for a large Florida utility company. He was also a commercial loan officer and manager for a large regional commercial bank.

Nathan Brown is an associate in the Private Client Services Department of Proskauer Rose LLP. He advises clients on a wide range of tax and estate planning matters, as well as estate and trust administration. Brown assists high net worth individuals and families develop suitable estate plans to maximize and protect the transfer of wealth to future generations.

In law school, Brown received the Faculty Significant Achievement Award and the Outstanding Scholastic Achievement Award in Taxation. In the process of earning a Master of Laws degree, he served as a graduate editor of the Florida Tax Review and received the Richard B. Stephens Award, given to the most outstanding student in the graduate tax program.

 

Boat with 750 pounds of marijuana intercepted off Boca Raton coast

BOCA RATON, Fla. – Six people were taken into custody Saturday after a boat with 750 pound of marijuana was intercepted by the Coast Guard off the coast of Boca Raton.

Officials said a Coast Guard cutter conducted a safety boarding of a 35-foot sport fisher about 11 miles east of Boca Raton.

As the cutter crew came alongside the vessel, they saw a package being jettisoned overboard, which was later recovered by a Coast Guard Station Fort Lauderdale crew.

The cutter crew discovered an additional 17 bales and three packages aboard — seizing about 750 pounds of marijuana.

Aboard the intercepted vessel were three Bahamians, two Jamaicans and one Guyanese.

“This interdiction is a direct success of our focused efforts to defeat these transnational criminal networks,” said Cmdr. Willie Carmichael, acting chief of enforcement for Seventh Coast Guard District said in a news release. “Our newest fast response cutters have proven critical in defending our maritime border, which these criminal organizations seek to exploit.”

The Coast Guard says they are constantly patrolled the waters between the Bahamas and Florida to detect, deter and stop drug smuggling.

Miami-based @USCG cutter crew intercepts suspected drug-smuggling operation. Read more here https://lnks.gd/2/3mWW6d 

 

CHRIS SALAMONE

(LEADER, AUTHOR, ATTORNEY)

 https://vimeo.com/user37757029

 

Ariana Grande to leave Boca, return to Manchester for benefit concert

Pop star Ariana Grande, who returned home to Boca Raton after her Manchester, England concert was the site of a deadly terrorist bombing Monday night, will return to Manchester to hold a benefit concert, the singer announced on Twitter.

“Our response to this violence must be to come closer together, to help each other, to love more, to sing louder and to live more kindly and generously than we did before,” Grande wrote on Twitter.

Grande, a South Florida native, returned by private jet to Boca Raton Airport following the bombing. She had just finished her set at the Manchester Arena before the explosion killed 22 people and injured 59.

The Islamic State claimed responsibility for the attack.

Grande shared plans to return to England to spend time with fans and honor and raise money for the victims’ families. The details of the benefit concert and her return to Europe have not been shared.

View image on Twitter

View image on Twitter

Grande shared a message of unity and positivity following the tragedy, encouraging her fans to not “operate in fear.”

“We will never be able to understand why events like this take place because it is not in our nature, which is why we shouldn’t recoil. We will not quit or operate in fear. We won’t let this divide us. We won’t let hate win.”

Grande, whose “Dangerous Woman Tour” began in February, thanked her fans and fellow celebrities who wished her well following the ordeal.

Friday’s tweet was Grande’s first since she previously shared her disbelief on Twitter shortly after the attack: “broken. from the bottom of my heart, I am so sorry.”

Grande had cancelled European shows through June 5, according to her website. Her next scheduled show is June 7 at AccorHotels Arena in Paris, France.

It’s unclear if the benefit concert will affect the rest of her scheduled tour. The tour is not scheduled to come to the United States.

Grande, whose family lives in Boca Raton, has strong roots in South Florida. She was born in Boca, and attended schools in Broward County, The Palm Beach Post has previously reported.

She appeared in children’s theater in Boca and Fort Lauderdale, and sand with Boca Raton-based symphonies.

Following the attack, an emotional Grande reportedly met boyfriend and fellow artist Mac Miller at Boca Raton Airport.

Grande tweeted that music will help heal her fans in the wake of the tragedy.

“Music is something that everyone on Earth can share,” she wrote. “Music is meant to heal us, to bring us together, to make us happy. So that is what it will continue to do for us.”

Salman Abedi, 22, was identified as the bomber and was believed to have been killed in the incident.

The bombing was another incident in which violent extremists have targeted mass entertainment venues.

Last year’s Pulse massacre in Orlando, a street-festiv

al attack in Nice and nightclub killings in Istanbul Kuala Lumpur and Tel Aviv all involved vulnerable, large gatherings of people.

The pop superstar’s worldwide fan base is primarily female and young. Ten of the 22 victims from the bombing were under 20 years old, including an 8-year-old girl. Grande, 23, broke into the national spotlight in 2009 with a powerful voice along with a four-season appearance on Nickelodian’s Victorious.

She has three American Music Awards, an MTV Video Music Award, three MTV Europe Music Awards and four Grammy Award nominations. All three of her albums have been certified platinum by the Recording Industry Association of America.

She has close to 107 million Instagram followers, second only to Selena Gomez.

 CHRIS SALAMONE

 

Boca Raton firm sees mad scramble as foreign investors attempt to beat deadline to get green cards

BOCA RATON, Fla. – From hotels to restaurants, foreign investors have made their mark in South Florida. In some cases, investors earned American citizenship through their investment.

Now leaders in Washington, D.C. are debating how to move forward with the EB-5 program as it is set to end next Friday.

Just like fresh ingredients make the perfect meal, the right pieces have to come together to form a successful investment.

When Alex Rudolph took the Tap42 concept from Fort Lauderdale to Boca Raton, foreign investors were part of his recipe.

They’re not just paying for a green card, they’re investing in the business because they have faith in the business like we do,” Rudolph pointed out, adding his has personal relationships with his investors.

The program allows foreigners to fast track their green card by investing at least $500,000 in American projects that create a minimum of 10 jobs.

Families from Vietnam, India, Argentina, and Italy have all expressed interest in partnering with Rudolph. Many of his partners frequent his restaurants. Locations in Coral Gables and Midtown Miami were also funded through the EB-5 program.

“Restaurants, hotels, assisted living facilities, you see it all over Palm Beach County,” explained Lauren Cohen. She connects investors and businesses through her Boca-based company, e-Council, Inc.

Since the program is set to expire, Cohen said there is a mad dash from investors to find out what the future holds.

“Investors want to take advantage of the opportunity while it’s there,” Cohen said.

Critics argue the EB-5 program allows foreigners to buy American citizenship for their families and skirt traditional routes.

But Cohen said she believes EB-5 kept businesses pumping and Americans employed through the Great Recession.

“Projects need money and the country needs economic stimulation, that’s not going away anytime soon,” Cohen said.

She admitted the program could use reforms. It’s basic outline hasn’t changed since 1993. She expects Congress will extend the program at the last minute. And then increase the minimum amount the government requires investors to contribute.

Rudolph hopes Congress serves the program new life so he can open new restaurants. He has plans for two more locations. Each one would employ about 75 people.

“It’s a great opportunity for people from other countries to be able to live the American Dream, and also for us to get to interact and have investors from all over the world, as opposed to a bank giving us a loan, writing a check and saying, ‘We’ll see you later, good luck with your business,’ ” Rudolph said.

A spokesperson from Senator Marco Rubio’s office said Rubio supports the program, but would like to see changes to cut out abuse and fraud.

CHRIS SALAMONE