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June 21, 2018

Wednesday's Daily Pulse

What you need to know about Florida today

| 6/25/2014

Florida HMO profits fall 31 percent, enrollment rises

Florida HMOs saw combined profits plummet 30.6 percent in 2013 compared to the prior year as statewide enrollment increased. The state’s HMO earned a combined $648 million, down from $933.8 million in 2012, according to the Florida Office of Insurance Regulation’s latest report. The drop in performance was fairly widespread. Of the 37 HMOs, 25 had a decline in income or a worse loss last year. Read more from South Florida Business Journal.

Tea party favorite wins race to replace Radel

Curt Clawson is headed to Congress, and he expects to waste no time before getting to work. The 54-year-old Bonita Springs Republican received 66,889 votes, or about 67 percent of the vote, in Tuesday’s special congressional District 19 election. Clawson defeated Cape Coral Democrat April Freeman and Marco Island Libertarian Ray Netherwood. [Source: Naples Daily News]

Half-penny school tax vote goes to Orange ballot

Orange County residents will see only one half-penny sales tax referendum on the ballot this fall, and if voters approve, it would fund school construction. County Commissioners voted unanimously Tuesday to place that education levy on the Aug. 26 ballot, which would pay for "school construction, renovation, technology retrofitting, and land acquisition." But moments later, a majority of commissioners said it was the wrong time to put another half-penny referendum to voters on the Nov. 4 ballot to fund county roads, trails and other infrastructure projects. [Source: Orlando Sentinel]

Nonprofit institute opens in Tallahassee

Think of the new Institute for Nonprofit Innovation and Excellence as a nonprofit chamber offering training never before available in Tallahassee. The nonprofit institute will be supported by dues-paying members utilizing services, donations and sponsorship. The idea is to appeal to and offer attractive tools for 700 to 800 Big Bend-area based nonprofits, ranging from small agencies to multi-million-dollar operations. Offerings include a partnership with the Jim Moran Institute for Global Entrepreneurship at FSU. [Source: Tallahassee Democrat]

Grand jury rips DCF for 'deliberately' undercounting deaths

A Miami-Dade grand jury accused state child welfare administrators Tuesday of “intentionally and deliberately” manipulating the investigation of child deaths because of abuse and neglect — making it appear that fewer children were dying across the state. In a 30-page report that explores whether the Department of Children & Families has improved since the shocking 2011 death of 10-year-old Nubia Barahona, grand jurors found much that pleased them. [Source: Miami Herald]


› Orlando Health decides against possible merger
Orlando Health's decision bucks a national trend of mergers of hospital chains. Many are trying to consolidate resources, both to reduce costs and expand market strength to better compete in the Affordable Care Act health-care industry. Also: South Florida hospitals feel the pinch for patient safety problems

› Florida Community Bank parent seeks $150M in IPO
FCB Financial Holdings, owner of the Weston-based bank, filed a registration with the SEC to hold the stock offering at an unspecified time.

› Scripps merger critics say USC not offering enough cash
The Scripps Research Institute would receive $15 million a year for 40 years under a contentious proposal to make the lab part of the University of Southern California.

› Tampa police take Holocaust-awareness training
Lessons may be learned that can apply to how officers treat their constituents, no matter their race. Every officer is expected to take it by the middle of next year.

Go to page 2 for more stories ...

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Florida Trend Video Pick

VB-10000 at Port of Pensacola
VB-10000 at Port of Pensacola

A massive VB-10000 vessel spending a few days at the Port of Pensacola waiting out rough seas. Although it looks a bit like a roller coaster, it's actually a ship used in offshore oil operations. 

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