atl-properties.com
Wondering how to buy multiple rental properties? Then you might want to consider the BRRRR method. BRRRR is an acronym that stands for ‘buy, rehab, rent, refinance, repeat’. So, How…As Emory Healthcare works to fight the coronavirus pandemic, the economic hit to its other services has it furloughing or cutting work hours for up to 1,500 full-time-equivalent positions.
The furloughs and hour reductions will run June 1 through Aug. 31, said Dr. Jonathan S. Lewin, Emory Healthcare’s president and CEO, in a May 21 announcement. The healthcare system, which is part of Emory University, projected a $660 million revenue shortfall through August, he said.
“While never more proud of our team’s response, COVID-19 has had a significant negative impact on our normal revenue and operating expenses, which we must address to ensure a sustained financial recovery throughout our extensive health care system to continue our care and academic missions,” Lewin said in a written statement.
Emory Healthcare operates 11 hospitals and around 250 outpatient practices. It has nearly 25,000 employees.
Departments throughout the system will reduce labor expenses by at least 10 percent through the end of the fiscal year, Lewin said, through “flexible scheduling” and the furloughs. The intent is to still have staffing to meet patient demand and administrative work. “These changes will be reassessed continuously throughout that period,” he said.
Furloughed employees will retain healthcare benefits. Executive and senior management will receive a “scaled aggregate” compensation reduction of up to 25 percent for the fiscal year.
The post Emory Healthcare to cut hours, furlough employees due to COVID-19’s ‘negative impact’ on revenue appeared first on Atlanta INtown Paper.
Trees Atlanta has introduced the Stumpery, a new whimsical garden space within the Atlanta BeltLine Arboretum in Reynoldstown.
Located on the Eastside Trail between Kirkwood Avenue and Wylie Street, the Stumpery is a unique collection of repurposed logs and tree roots from construction sites around Atlanta.
As explained in a blog post by Rachel Bergman, one of Trees Atlanta staff dedicated to its Arboretum program, “Stumperies provide a living space for nontraditional plants, such as mosses with their vibrant color and soft textures that thrive in shady stumperies. Stumperies are curated works of art. Smooth swooping roots contrast with soft mosses, craggy stumps hide shade in their cracks while frilly fern leaves poke out to shimmer in the light.”
Stumperies also provide habitat for an extensive diversity of wildlife and mushrooms. Over the next few months, Trees Atlanta will continue to bring new life to the Stumpery with the addition of over 80 species of woodland plants and mushrooms.
The post The Stumpery is Trees Atlanta’s latest garden addition to the BeltLine Arboretum appeared first on Atlanta INtown Paper.
FaceBook Stock Price Forecast Why is Facebook’s stock price soaring the past 4 weeks to its all time price? It’s up $80 or more than 100% in that time. There’s a number of things Zuckerberg and company have launched that could push its stock price much higher. Zacks gives it a hold rating, but it’s…
Florida Housing Forecast 2020 | Real Estate Update Miami Orlando Tampa
Florida Real Estate Market 2020 In the wake of the fear of Corona Virus pandemic, are Americans poised to rush to Florida as a safer place to live? This trend and one to increasing remote work might cause Florida house prices and condo prices to begin rising in earnest in June. We’re not out of…
Mayor Keisha Lance Bottoms told the Atlanta City Council during her weekly COVID-19 briefing this afternoon that the city was following a five-phase reopening plan outlined in a report issued by her advisory committee.
The mayor said the city is already in phase one of the reopening, which encourages residents to stay at home, social distancing, and using takeout/delivery at restaurants. Phase one also includes monitoring of statistics and following a recommended 14-day downward trend for new cases, deaths, and hospitalizations.
“The reopening of Atlanta will be informed and driven by data,” Bottoms said.
Bottoms said there was concern about the integrity of the COVID-19 data being reported by the Georgia Department of Public Health after a series of high-profile errors inflated or lowered various statistics. She said the city was working with John Hopkins University to create a dashboard on the ATLSTRONG.org website that would include figures and insights.
The mayor said she believed the city might be able to enter the second phase of the reopening plan as early as next week. The “easing phase” would require proven metrics on diagnostic testing and contact tracing. The second phase would also allow small, private gatherings of 10 people with social distancing.
Bottoms said city recreation usage such as single tennis matches and being able to swim laps in city swimming pools is being reviewed now. There’s also discussion about opening Camp Best Friends for children in July with small groups and social distancing.
As for the reopening of city hall, Bottoms said she was still in no rush and was resisting pressure to do so. Bottoms said she was worried that reopening city hall would have an impact on communities of color and medically fragile who work and do business there. “We may not reopen until July, but we are monitoring the situation weekly.”
Another issue which took up part of the briefing was the issue of so-called “waterboys” – young people selling bottled water to make extra money at intersections and interstate off-ramps.
Councilmember Marci Collier Overstreet said she had received numerous complaints from constituents about aggressive young people tapping on windows, littering, and taking crates or carts from supermarkets. Councilmember Cleta Winslow said she had heard that one of young people was threatened with a gun and said police should at least make them get off interstate ramps.
Bottoms said she had discussed the “waterboys” issue with Atlanta Police Chief Erika Shields and both agreed the young people should not be arrested simply for selling water. The police were not making arrests for selling water unless there was aggressive behavior, combativeness or putting themselves or motorists in danger.
“I’ve encountered these young people frequently and most are usually very polite, but some are very aggressive,” Bottoms said, noting that she’d had discussions about possibly creating a city program to channel the “entrepreneurial spirit” of the young people in a safer way.
The post Mayor says city will follow five-phase reopening plan, city hall possibly closed until July appeared first on Atlanta INtown Paper.
Transparency and integrity when it comes to the collection of COVID-19 data is the number one priority of the Georgia Department of Public Health (DPH), according to state health commissioner Dr. Kathleen Toomey.
Gov. Brian Kemp praised Toomey and the department’s work during his May 21 COVID-19 briefing at the State Capitol.
“We are committed to full transparency when it comes to accurate data,” Kemp said. “The public can be confident in the data, but we do make mistakes. We own that.”
“The integrity of data is our number one priority,” Toomey said. “We have to have transparency, and we’re working to improve all of our reporting systems. Having multiple, actionable data is a top priority and so is making it available to the public, media, and agencies.”
Toomey confirmed May 20 that the state’s COVID-19 testing numbers had been inflated by 57,000, or roughly 14 percent of the tests to date.
According to reporting by the Columbus Ledger-Enquirer, the DPH had been including antibody tests, which can detect if someone once had the coronavirus, with tests for active infections. The revelation prompted Kemp’s office to request that the department remove antibody tests from the state’s totals.
Georgia has been under scrutiny for numerous errors in reporting COVID-19 cases to the public over the past month. Toomey said it was an “unprecedented ask” for a health agency to ramp up so quickly to monitor a novel coronavirus, but insured steps were being taken to provide the most accurate data.
Kemp said the state continues to see a steady decline in the number of those testing positive and that there were now less than 1,000 people hospitalized around the state. “That’s a 38 percent drop in hospitalizations since May 1,” Kemp said.
The state has mothballed its surge field hospital at the Georgia World Congress Center, although it could be reconstituted quickly if needed. The facility, which opened in mid April, only had 17 patients.
Kemp also noted that CVS was opening 23 additional drive-thru COVID-19 testing sites around the state and that the contact tracing program – dubbed Healthy Georgia Collaborative – would have 500 tracers in the field by next week and a 1,000 by June.
The post After errors, state health commissioner calls integrity of COVID-19 data a ‘number one priority’ appeared first on Atlanta INtown Paper.
If you’ve watched everything Netflix has to offer, the Lefont Film Society has a slate of indie, foreign, and documentary films available as part of its Virtual Pop-Up Cinema.
Donna Lefont, the ex-wife-and-still-friend of former cinema empresario George Lefont, has created the streaming film platform at FoodFilmMusic.com. She’s been using her connections in the movie industry to curate an eclectic selection of films.
Titles coming up include the documentaries “Life Itself,” about film critic Roger Ebert, and “Diana Kennedy: Nothing Fancy,” about the Mexican food expert from Britain.
Also streaming is the classic 1972 French film “Les Choses De La Vie,” about a philandering husband coming to terms with his marriage after a car accident, and coming up on May 29 is the controversial documentary “Blackfish,” about the captivity of killer whales.
“My goal is to curate a slate of films like George did when he was operating Garden Hills Cinema, Plaza Theatre Cinema or Silver Screen,” Lefont said.
She plans to keep the platform going – splitting rental costs for the films with the distributors – and include guest film curators, question and answer sessions with noted film buffs, and chefs cooking a meal inspired by their favorite movies.
“Until we can meet again at the movie theater, I think Lefont Film Society is offering a way for film fans to stay connected,” Lefont said.
The post Lefont Film Society streaming indies, foreign, and documentaries in Virtual Pop-Up Cinema appeared first on Atlanta INtown Paper.
Key highlights from this report: What will the housing market be like during the summer of 2020? That’s one of the top questions we’ve received from our readers this momth. Recent reports suggest that we could see an increase in home-buying activity. Home buyers could have fewer properties to choose from this summer. Near-record-low mortgage […]
The post Summer 2020 Housing Market Trends: Are Home Buyers Gearing Up? appeared first on HBI News.
Take a look at the fastest growing cities in the US for real estate investors to consider in 2020! When it comes to choosing the best places to buy…