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2012 June Business Journal B Section
2012 June Business Journal B Section
2012 June Business Journal B Section
THE
June 2012
OF WEST CENTRAL OHIO
of 2010 and into the first half of 2011 with weak but persistent half-speed real GDP and job gains. Highlights: Capital Spending, Sales, Hiring The survey, which gauges the mood and sentiment of small and medium sized business owners, found almost two-thirds (63 percent) plan to increase capital spending during the next six months. This is a significant increase from 49 percent in the spring. Technology equipment spending leads the list of priorities as owners look to maintain their operations without adding additional employees. Other findings about the next six months include: Improved Access to Credit: While three out of four owners (76 percent compared to 78 percent in the spring) do not intend to seek a new loan or line of credit, they do see greater access to financing. Thirteen percent (vs. 9 percent in the spring) says its easier to obtain credit while 44 percent (vs. 38 percent in the spring) say its neither easy nor difficult compared to three months ago. Stalled Sales and Profits: Fewer than half (42 percent) expect their sales to increase compared to 47 percent in the spring. In terms of profits, 31 percent expect an increase, down from 37 percent in the spring. Hiring Outlook Improved: 22 percent expect to hire full-time employees, the same as spring and significantly better than one year ago (17 percent). Only 12 percent plan to reduce their workforce compared to 14 percent in the spring and 18 percent one year ago. Manufacturing companies are most likely to hire followed by the service industry. Still Waiting for U.S. Recovery: The overwhelming majority (91 percent) say the U.S. economy has yet to noticeably improve. Seven out of 10 (71 percent) feel the recovery is more than one year away compared to 20 percent who expect improvement within the next 12 months. Local View Is Better: The sentiment is slightly less negative closer to home as 57 percent are optimistic and 42 percent are pessimistic about the prospects for their local economy. This compares to 41 percent opti-
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mistic and 58 percent pessimistic for the U.S. economy. Whats Your Worry?: One out of three (34 percent) say weak sales/demand for service is the most important challenge facing their business today. Their second concern at 21 percent is changes in government policy that affect my business. These far outdistanced health insurance (12 percent) and taxes (11 percent). An online media kit containing national and regional survey results is available on PNCs website at http://www.pnc.com/go/presskits. The PNC Financial Services Group, Inc. (www.pnc.com) is one of the nations largest diversified financial services organizations providing retail and business banking; residential mortgage banking; specialized services for corporations and government entities, including corporate banking, real estate finance and asset-based lending; wealth management and asset management. Follow @PNCNews on Twitter for breaking news and announcements from PNC.
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creativity. Employment change. Employment of architects is expected to increase by 16 percent between 2008 and 2018, which is faster than the average for all occupations. Current demographic trends will lead to an increase in demand for architects. As the population of Sunbelt States continues to grow, the people living there will need new places to live and work. As the population continues to live longer and baby boomers retire, there will be a need for more healthcare facilities, nursing homes, and retirement communities. In education, buildings at all levels are getting older and enrollments continue to increase, which will require many school districts and universities to build new facilities
and renovate existing ones. In recent years, some architecture firms have outsourced the drafting of construction documents and basic design for large-scale commercial and residential projects to architecture firms overseas. This trend is expected to continue and may have a negative impact on employment growth for lowerlevel architects and interns who would normally gain experience by producing these drawings. Job prospects. Besides employment growth, additional job openings will arise from the need to replace architects who transfer to other occupations or stop working for other reasons. A growing number of See ARCHITECT, page 7B
Elder Care
Services Available
I.V. Therapy No Fee for Filing of Insurance Forms 1425 E. Fifth Street Delphos 419-695-2871 Speech Therapy for David24 Hour-For more information call 419 and ask Watkins, Amy Menchofer or Randall Cox 7 Days a Week Admission Physical June 2012 Therapy Occupational Therapy Nutritional Counseling TheBusinessJournal Special-Care Unit for Alzheimers/Dementia
Lima Lima Convalescen Convalescent Home Home Services Availablecall 419-224-9741 For more information
I.V. Therapy Speech Therapy Physical Therapy Occupational Therapy Skilled Nursing Services Hospice Support No Fee for Filing of Insurance Forms 24 Hour - 7 Days a Week Admission Nutritional Counseling Special-Care Unit for Alzheimers/ Dementia Medicare/Medicaid Certified
Orthopedic rehabilitati Musculoskeletal rehabi a stroke, injury or illne Speech-language patho communicative devices deficit evaluation and r ur rehabilitation team includes specia Physical therapy, inclu trained nurses, physicians, physical a and balance training pational therapists, speech-language patholog Occupational therapy, other skilled providers who allskill retraining a motor share a comm Our rehabilitation team includes specially trained nurses, physito help occupational therapists, speech-language patholequipment cians, physical and our clients heal physically and emotio ogists and other skilled providers who all share a common goal: and to achieve maximum recovery. to help our clients heal physically and emotionally, and to achieve Typically maximum recovery. those who come to Lima Convales Typically those who come to Lima Convalescent Home for rehabilitaHome for rehabilitative care include people I.V.tive care include people in need of: Fee for Filing of Insurance F Therapy No in need of: Orthopedic rehabilitation following surgery Days a Week Admis Speech Therapy 24 Hour- 7 Orthopedic rehabilitation following surgery Musculoskeletal rehabilitation following a stroke, Physical Therapy Nutritional Counseling injury or illness Musculoskeletal rehabilitation following Speech-language pathology, including communicative devices, Occupational Therapy or Special-Care Unit for Alzheimer a stroke, injury illness swallowing deficit evaluation and rehabilitation Skilled Nursing Services Medicare/Medicaid Certified Speech-language pathology, including Physical therapy, including strength and balance training Hospice Support Occupational therapy, including fine motor skill retraining communicative devices, swallowing
and adaptive equipment
ur rehabilitat trained nurse pational therapists, s other skilled provide to help our clients h and to achieve maxi Typically those who Home for rehabilitat in need of:
deficit evaluation and rehabilitation Physical therapy, including strength and balance training Occupational therapy, including fine motor skill retraining and adaptive equipment
Care
(Continued from page 3B) pant and manage their entire care, including visits to specialists, hospitalizations, home care and even placement in a nursing home. Because Medicare and Medicaid pay set fees instead of paying for specific procedures, center operators are motivated to provide preventive care to avoid costly hospitalizations or nursing home care. Some elderly people, however, spurn PACE programs because under managed care, they would have to switch their physicians to those at the PACE center or in its network. Most elderly people want to live out their lives at home, a desire evident in interviews in the PACE center the archdiocese opened in 2009 in Harlem, which has a staff of three doctors and is visited regularly by a dentist, a podiatrist and a psychiatrist. Edna Blandon, 74, a diabetic weakened on her left side by a stroke who relies on a wheelchair, is transported by specialized van to the Harlem PACE center three days a week and appreciates that it provides not only a home care attendant but sends a nurse every two weeks to change pills in her pillbox and load a 14-day supply of insulin into syringes that she will inject. My spirits would drop if I went to a nursing home, she said. I love the fact that I can go home at night. Theres no place like home. I can sit down, look at the TV and go to bed when I want. James Harper, 70, a retired bank employee who spent 10 months at the archdioceses Kateri Residence, a nursing home on the Upper West Side, after a stroke paralyzed his right side, enjoys yoga breathing classes and discussions about black history. Yet he gets to spend nights and weekends with his wife, Albertene, and daughter, Traci, both of whom work during the day and are not around to care for him. This way Im around people, he said. Dr. Fredrick T. Sherman, the Harlem PACE medical director, said that a 2009 study showed that PACE programs reduce lengths of stays in hospitals and delay assignments to nursing homes. The archdiocese, whose new centers will serve a total of 1,500 people, receives an average of $4,000 a month from Medicaid for each participant and $3,300 from Medicare. By comparison, said Scott LaRue, the chief executive of ArchCare, the archdiocesan health care network, a month of nursing home care can cost the government $9,000. Ultimately, the archdiocese hopes that half of its elderly clients will be served in community settings rather than in nursing homes, which currently serve about 90 percent of the archdioceses clients. Forprofit companies have not yet moved into the managed care market, in part because of uncertainties about reimbursement formulas and the risks of taking on a nursing home population. The PACE population tends to be younger than that at nursing homes, which raises the question of whether many PACE clients would really need nursing homes without PACE. Dr. Sherman replies to such skepticism by saying that his clients need that level of service the question is where theyre going to get it. Without PACE, he said, theyre going to end up in nursing homes.
Dolan said in a statement before he opened a 250-patient program at Saint Vincent de Paul Catholic Healthcare Center in the South Bronx. These new adult day-care centers, known around the nation by the acronym PACE Program of All-Inclusive Care for the Elderly provide almost all the services a nursing home might, including periodic examinations by doctors and nurses, daytime social activities like sing-alongs and lectures, physical and occupational therapy and two or three daily meals. All the participants are considered eligible for nursing homes because they cannot perform two or more essential activities on their own like bathing, dressing and going to the toilet. But they get to sleep in their own beds at night, often with a home health care aide or relative nearby. The nonprofit groups that operate them receive a fixed monthly fee for each partici-
Hospice
The philosophy of Putnam County Hospice is the belief that dying is an integral part of living. Hospice affirms life and neither hastens death nor prolongs life. It allows one to live each day fully and as alert and pain free as possible. Putnam County Hospice provides emotional, physical, spiritual and social support to the patient and their family throughout the process of both illness and bereavement. Family members are encouraged to be actively involved in their loved ones care.
Hospice treats the person, not the disease
Palliative Care
Palliative Care is a medical care that focuses on pain and symptom management for patients with life altering illnesses. The goal of palliative care is to prevent and relieve suffering and to support the best quality of life for patients and their families. Palliative Care is centered on the patients physical, emotional, social and spiritual care. Palliative Care is appropriate at any age and at any stage of an illness, and it can be provided along with treatments that are meant to cure.
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June 2012
Commercial Banking
Community banks focus attention on the needs of local families, businesses and farmers. Conversely, many of the nations megabanks are structured to place a priority on serving large corporations. Unlike many larger banks that may take deposits in one state and lend in others, community banks channel most of their loans to the neighborhoods where their depositors live and work, helping to keep local communities vibrant and growing. Community bank officers are generally accessible to their customers on-site. CEOs at megabanks are often headquartered in office suites, away from daily customer dealings. Community bank officers are typically deeply involved in local community affairs, while large-bank officers are likely to be detached physically and emotionally from the communities where their branches are located. Many community banks are willing to consider character, family history and discretionary spending in making loans. Megabanks, on the other hand, often apply impersonal qualification criteria, such as credit scoring, to all loan decisions without regard to individual circumstances. Community banks offer nimble decision-making on business loans because decisions are made locally. Megabanks must often convene loan-approval committees in another state. Because community banks are themselves small businesses, they understand the needs of small-business owners. Their core concern is lending to small businesses and farms. The core concern of the mega banks is corporate America.
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June 2012 TheBusinessJournal 5B
Kristen Kissell
www.e-fnb.com
Member FDIC
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Ottoville 419-453-2527
Leipsic 419-943-2528
Defiance Main Office 08770 St. Rt. 66, 419-783-6500 Deerwood Branch 1481 Deerwood Dr., 419-782-9856
LENDING CENTER 940 E. Fifth St. Delphos, OH 45833 419-695-3313
Napoleon Branch 1429 N. Scott St., 419-599-5522 VISIT OUR WEBSITE: www.midwestcommunity.org EMAIL US AT: info@midcomm.org
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Checking & Savings Accounts IRAs Real Estate Loans Agricultural Loans On-Line Banking
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June 2012