Sunday, April 22, 2012

Oxendine touts $126.5 million rural health-care initiative - Atlanta Business Chronicle:

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which owns , and to create a Rural Health Initiative. Under the new Oxendine has securedapproximately $126.56 million over 20 years. $11.45 million to establish, equip, and finance telemedicine centers in 36 rural Georgia hospital or clinicsplus Georgia's four teaching hospitals. This includes full-time staffd at each of the 40 centers for a period ofthrew years. Eight additional full-time staff to provid e overall coordination and administration of a telemedicine Include Telemedicine procedures as covered benefita in its health policies at a benefitr of morethan $5 million per year.
Redirectr 2 percent of its investment portfolio for a perios of 20 years to the purchaseof investment-gradd bonds and comparable debt instruments newl issued by rural Georgia health-care facilitiese for expansion, renovation and equipmenrt upgrades. The redirected investment portfolio will representapproximatelyt $16 million in investments in the firsg year and should grow to as much as $100 millio by the 20th The Georgia Telemedicine program will be one of the most integrated, statewide networks with 36 rural presentation site tightly linked with four major teaching It will be the largest, one-time deployment of equipmeng and infrastructure in the U.S.
"This rural healthy initiative will provide all Georgia citizens with accese to the highest quality and most advanced medica care available anywhere inthe state," Oxendine said. "It is vitallgy important to our state to ensure that our rurak citizens have equal access to the best possiblehealtbh care." Oxendine also required Anthem to guarantee that Georgia's BlueCross policyholdersw would not face premium increases as a resulg of this merger or the commitment to his Rural Health

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