Small Business News & Notes for Sunday, July 25, 2010
July 31, 2010 by FHyatt
Filed under Weight Losing
HPH launches initiative to transform delivery of care inHawai‘i
Moving into the public phase of a multi-year strategy, Hawai‘iPacific Health has begun a statewide initiative designed to achievea fundamental change in the way health care is delivered inHawai‘i.
The health system is this month launching a series of communityroundtable meetings, a new website and a multi-media campaign toeducate the community on “Changing Health Care in Hawai‘i.” Theinitiative is focused on an innovative model of care that increasesquality while slowing the rate of growth in health carecosts.
The Changing Health Care in Hawai‘i initiative views the Provider,the Insurer and the Individual as collaborators in health. Threecomponents are central to the initiative’s success:
1) Providers focus on disease prevention, chronic diseasemanagement and overall patient wellness;
2) Insurer reimbursements are based on quality and positiveoutcomes versus the traditional fee-for-service model, which paysproviders strictly for the number of visits or services theyprovide;
3) Individuals take personal responsibility for their health.
To help achieve this, seven years ago Hawai‘i Pacific Healthinvested in Epic, an EMR system that links its entirenetwork.
EMR adoption has laid the foundation for Hawai‘i Pacific Health’snew HealthAdvantage program. Under this strategic new direction,health care professionals use technology to proactively providecare through a wellness and prevention-based approach that focuseson making sure patients receive all their recommended care.
Visit www.hawaiipacifichealth.org/change for moreinformation.
Oceanit receives recognition
Oceanit has been awarded the Army SBIR Achievement Award for thedevelopment of its Hostile Fire Detection System. Each year, theAchievement Award recognizes exceptional Army SBIR (small businessinnovation research) projects on the basis of originality andinnovation, relevance to the Army mission, immediatecommercialization potential and overall quality performance. Adistinguished panel of Army and industry experts review projectsnominated from across the Army and select the best in smallbusiness research development. This year, 471 projects wereeligible to compete for this award and only 11 were selected.
Oceanit’s HFDS is the world’s fastest hostile fire detectionsystem. Using a novel sensor chip that operates at more than 10,000frames per second, this next-generation system can be deployed onmultiple platforms such as vehicles and aircraft. Developed atOceanit’s Kauai office, HFDS is based on leading-edge infraredfocal plane technology that can detect a gunshot in one-tenth ofsecond, and immediately display on a clock like screen thedirection of the gun fire, e.g., fire at 5 o’clock, +10 degreeelevation. HFDS provides 360 degree battlespace coverage from asingle sensor — with an accuracy of better than ? degree in azimuthand elevation. By using a proprietary weapons detection algorithm,HFDS can detect the difference between an M16, AK47, or a RocketPropelled Grenade, which would greatly enhance battlefieldintelligence and provide real-time information essential to supportour ground troops.
Century 21 supports Hawai‘i Foodbank
Century 21 All Islands announced last week they are challengingtheir agents to get healthy and help wipe out hunger in Hawai‘i atthe same time.
Agents who participate in the Weight Loss Challenge can pledge anydollar amount they wish for every pound they lose and the companywill match every dollar they pledge, per pound, up to $10.
The Century 21 All Islands’ Weight Loss Challenge begins August 1and ends October 31. At the end of the challenge, all pledges fromagents and staff will be gathered up and the company match will beadded on and a donation to the Hawaii Foodbank will be made.
FHB reports quarterly increase
First Hawaiian Bank reported second quarter net income of $54.7million, a 6.5 percent increase over the previous quarter and up2.0 percent over the comparable quarter of 2009. Total assets grew8.8 percent to a record $14.7 billion.
During the second quarter, First Hawaiian Bank opened a new,specialized Wealth Management Office at its newly-renovated KahalaBranch. The Office will provide customers with comprehensiveinvestment, estate and retirement planning management services. The bank also launched a new, low cost, cash transfer service whichwill enable customers to send money to various internationalcountries.
