Drug shortages drain hospital dollars

No Comments » | Posted by Kiara Withers
Sep 30 2014

Hospitals and health systems try their best to anticipate and meet the demand for specific drugs. But drug shortages – whether due to outbreaks of specific illnesses or unanticipated supply bottlenecks – are a fact of life in the medical world.

An American Journal of Health-System Pharmacy (AJHP) survey released earlier this year showed that 98 percent of pharmacy directors “reported at least one drug shortage during the previous month.”

This year alone, U.S. hospitals have had to cope with a shortage of intravenous saline solutions, while hospitals in the Midwest this month have reported shortages of albuterol, a drug used in concentrated form to treat children with respiratory problems.

Drug shortages jeopardize the ability of hospitals and health systems to deliver medications to patients in a timely manner, if at all. Forty-three percent of AJHP survey respondents reported treatment delays related to drug shortages, while 21 percent said patients have been referred to and from other facilities. 

“The potential for delayed patient treatments related to drug shortages are well documented in the literature,” said Ross Day, director of pharmacy for Novation, a healthcare supply chain services company with more than 100,000 members. “In addition

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Wellington paints city red for WOW®

No Comments » | Posted by Jacob ONeill
Sep 25 2014

To celebrate the 2014 World of WearableArt Awards Show, Wellington is painting the city red with a retail window dressing competition, hospitality deals and building light installations, all themed on the colour red.

Friday, 26 September, 2014

Wellington paints city red for WOW®

To celebrate the 2014 World of WearableArt® Awards Show, Wellington is ‘painting the city red’ with a retail window dressing competition, hospitality deals and building light installations, all themed on the colour red.

WOW® General Manager Tim Launder says the colour red was selected for its vibrancy and its connection to the show.

“It was about choosing something distinctive and fun, and inspiring the retailers and restaurateurs who are participating. Also, we’re welcoming the Shaolin Monks to this year’s show, with a colour that in Chinese culture evokes happiness and good fortune.”

Councillor Jo Coughlan, chair of Council’s Economic Growth and Arts Committee, said that Wellington excels at this kind of promotion.

“With the enthusiasm of Wellington retailers, hospitality teams and building owners getting on board, it’s possible to make a real transformation to our compact city centre. It demonstrates that the spectacular energy of WOW® is well matched to the creative capital.”

Over 60 Wellington retailers have created themed window displays for the WOW® Window Dressing Competition. In addition to a judged

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Calls to action – do you have them?

No Comments » | Posted by Joseph Carr-Boyd
Sep 23 2014

A call to action, or CTA, is something you will hear a lot about when you start marketing your business. However, despite essentially being quite a simple concept, they can often be difficult to get right. Here is a guide to CTAs and how to get the most from them in your marketing.

What is a CTA?

  • sign up to your email newsletter;
  • call your number and get a quote;
  • fill in your online quote form;
  • purchase your insurance or mortgage products;
  • follow your social media accounts.

The call to action is where you make this clear so that people know exactly what you want them to do. Calls to action are not only used on websites. You may also use them in your:

  • advertisements;
  • brochures and catalogues;
  • emails;
  • social media websites;
  • guest blogs;
  • sales letters.

Whenever you want to encourage targets to take a specific action, you will usually need a CTA somewhere. It could even be something as simple as the words Click Here on your homepage.

Think of it as a helping hand for targets who are interested in performing an action but dont necessarily know what to do or how to do it.

Why are they needed?

You know your business like the back of your hand, and when you spend so long working on your marketing, it can seem inconceivable that people might not know which action you want them to take.

But you should always tell them.

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How shifting interest rate predictions are affecting savings deals

No Comments » | Posted by Jacob ONeill
Sep 23 2014


Savers are continuing to get stung by pitifully low rates on Isas and other savings accounts, with the average rate on a one-year fixed rate Isa today paying 1.6pc.

Now, it may be about it get worse.

When fears of rate rises increased in the first half of the year, the cost of new mortgages rose to reflect that. Savings should have risen but continued the trend of the last few years by continuing to fall.

Today’s average of 1.6pc on a one-year Isa compares to an average of 1.87pc last year.

Now with the chances of a Bank Rate rise in 2014 looking minimal, saving rates could be about to fall further.

The market has moved its forecast for the first increase from February – the prediction in early August – to April or May. That shift could be passed on to savers.

Rate predictions move money markets and those markets influence the pricing of savings and mortgages. For example, in July the best five-year fixed rate savings account improved from 3.11pc to 3.25pc in the space of a week partly because of signals from the Bank of England that a rate rise was more likely.

Hopes of improvements were again short-lived in mid-August. Then, the best rate on a one-year fixed rate Isa of 1.75pc was bettered by Yorkshire Building Society with a 2pc deal but it was pulled just weeks later. Today the best rate is 1.7pc for a one-year term.

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Betterment Review

No Comments » | Posted by Kiara Withers
Sep 21 2014

The past few years have seen the rise of a number of specialized, online investment management services. One of the better programs out there is Betterment.

Betterment describes itself as “The fully diversified, automated, and smart investment account that helps you feel good about your future.” It offers a simple, efficient investment system that will appeal to a large number of investors.

Betterment uses a simple investment strategy thats based on two investment options, referred to as baskets. One basket is made up of stocks and the other of treasury bonds. But rather than holding individual stocks, each basket is comprised entirely of a mix of exchange traded funds .

As an investor, all you need to do is set your portfolio allocation and the system handles your investing for you.

Unlike many online investing services, Betterment does not require a minimum opening account balance. If you open your account with less than $10,000 however, you will be required to make monthly deposits of at least $100 until the balance is achieved. Once you reach the $10,000 mark, continued monthly contributions are optional.

You can move money easily and automatically between your Betterment account and any outside accounts you have with next day transfers. The

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What to Do When Rates Rise and Where You Should Invest

No Comments » | Posted by Mark Edwards
Sep 18 2014

What to do when rates rise? Even in our years-running, low-rate environment, it’s a fair question to ask because the Federal Reserve has raised interest rates 67 times since 1980 so it’s only a matter of time before it does again.

It’s an important question to ask whether you’re saving for a down payment on a house or a car, planning a big vacation, or trying to build up your child’s college tuition fund.

By getting answers now and planning your strategies before the inevitable rise in interest rates, you’ll be better prepared to move your money into savings vehicles that will keep pace with rising interest rates and inflation.

Before laying out these various steps and strategies, let’s briefly discuss why interest rates rise and why they might again in the future.

Typically, rates tend to rise as the economy heats up. In an improving or expanding economy as demand increases for dollars, materials, labor, etc., their value and prices ride up as well. When the U.S. economy hit the skids after the 2008 real estate meltdown, demand fell across the board and interest rates fell sharply.

Interest rates, of course, don’t fall by themselves. As part of its mandate, the Federal Reserve largely controls short-term interest rates, which are loan contracts or debt instruments such as Treasury bills, bank certificates of deposits (CDs) and commercial paper having maturities of less than a year. These are often

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