Hospital District money would draw down state funds
The Marion County Hospital District trustees on Monday will consider making a $6 million commitment to the College of Central Florida a grant that would be the trustees' largest.
The money would help the college build a state-of-the-art health science center where students will be trained in nursing, emergency medical services, physical therapy, surgical support services and dental hygiene. The district commitment would put the college in a better position as it asks the Florida Legislature for another $23.7 million in matching funds.
The college request is sponsored by state Rep. Charlie Stone, R-Ocala. Even if CF can secure the $6 million commitment there is still no guarantee state lawmakers will fund their share.
CF President James Henningsen requested the Hospital District money earlier this week during the trustees' monthly grant committee meeting. The committee is made up of five trustees. The full board has seven members. The five trustees recommend approval of the request.
The colleges plan to create more room to train dental hygienists fits with one of the Hospital Districts goals: funding programs to provide more dental care to the adult poor.
Henningsens request for a district commitment comes at the 11th hour. He told the five trustees on the committee that the college originally had a donor lined up to provide the local match. But that donor instead gave $5 million to Florida State University.
We werent expecting to come to you at all, Henningsen told the committee. The lack of a $6 million commitment puts us at risk for securing the state money.
A district commitment would speak loudly to state lawmakers and show a local commitment to the project, said Robert Batsel, CF general counsel and director of government relations.
Henningsen said that expanding the colleges nursing, healthcare and dental programs fits with the districts goals of improving the health of Marion County.
While there is a local need for more nurses and other healthcare professionals, Trustee Sam McConnell told Henningsen and Batsel he wanted the training of dental assistants and hygienists to be a priority.
It would be right at the top of the list, Henningsen replied, adding that dental hygiene training would be second only to nursing education.
There are currently 225 associate degree nursing students enrolled at CF. The new building would allow that number to increase to 300, college spokeswoman Lois Brauckmuller told the Star-Banner on Wednesday.
The new facility would also allow the college to double its Bachelor of Science nursing program from the current 75 students to 150.
The college currently has 14 students in its dental assistant program. The new building would allow the college to start a dental hygiene program to include 30 students at any given time in the two-year program.
Henningsen said that if the Hospital District makes its financial commitment, and the state pays its share, the district could make its payments in conjunction with state payments or in a single lump sum.
If approved, the grant would far exceed any amount the Hospital District has awarded during its past two years of doling out money. Each year, for the past two years, it has awarded about $2 million per year to nonprofit organizations that work to improve local health.
The district has $212 million to work with money that Community Health Systems (CHS) paid as part of its agreement to lease Munroe Regional Medical Center. Trustees have pledged to annually dole out money earned from investing the CHS money. So far the money has generated about $18 million in returns.
Since the lease inception, and the districts funding of local healthcare initiatives, district trustees agreed they didnt want to dip into the principal lease payment. That principal, which now includes revenue from the sale of district property in addition to hospital revenues collected by CHS on behalf of the district, is now $232 million.
Trustee Rich Bianculli warned that in future years, the districts investments might not make any money, or may even lose money.
But the trustees agreed that as long as the investments were generating money long term, it was acceptable to see fluctuations in earnings.
The $6 million CF grant would not affect the district's other grants.
Though the five trustees on the grant committee have agreed to recommend that the full board approve CF's request, they also spelled out some conditions: The $6 million would be contingent on the Florida Legislature approving its share of $23.7 million; the dental hygiene program must be second only to the nursing program; each payment of that total $6 million would be made in conjunction with the states payment.
Henningsen also offered to let the district name the facility.
Mark Paugh, the colleges vice president of academic affairs, wrote in an email that if the district gives CF the money, the investment in the Health Science Technology Education Center will serve this community for generations through the education of future nurses, dental assistants and hygienists, radiographers and sonographers, respiratory therapists, and other health professionals, and as a hub for public health forums and speaker series.
The request for money is outside the districts regular grant request cycle. Grant applications are typically accepted beginning in the fall and the deadline is in December.
Earlier this year, The Centers sought $1 million to house people suspected of mental illness until they could be evaluated. The district declined the request and said, among other things, that such requests should be made with all the other requests for grant money.
Curt Bromund, Hospital District executive director, said CF's request was unique and reflected a longtime effort by the college and community to increase the number of healthcare workers, many of whom will remain in the area after graduating.
Trustee Chairman David Cope said that, considering how large the state contribution would be, the trustees must at least research CF's request.
And the credibility of CF is pretty well established, Cope said.
McDonnell said that in addition to generating more healthcare workers, those workers would also be out there disseminating the information (about improving ones health). Theyre disciples and apostles of improving health and dental hygiene.
Reach Fred Hiers at fred.hiers@starbanner.com and 352-397-5914.
See the article here:
CF seeks $6M grant for health building - Ocala
- About Cystic Fibrosis | CF Foundation [Last Updated On: June 10th, 2016] [Originally Added On: June 10th, 2016]
- Cystic fibrosis - Wikipedia, the free encyclopedia [Last Updated On: June 10th, 2016] [Originally Added On: June 10th, 2016]
- cf. - Wikipedia, the free encyclopedia [Last Updated On: June 16th, 2016] [Originally Added On: June 16th, 2016]
- CF - Definition by AcronymFinder [Last Updated On: July 3rd, 2016] [Originally Added On: July 3rd, 2016]
- Cf Indus Hldgs - CF - Stock Price Today - Zacks [Last Updated On: August 12th, 2016] [Originally Added On: August 12th, 2016]
- Cf. - Wikipedia [Last Updated On: October 27th, 2016] [Originally Added On: October 27th, 2016]
- Technicals in Focus for CF Industries Holdings, Inc. (CF) - The USA Commerce [Last Updated On: February 6th, 2017] [Originally Added On: February 6th, 2017]
- Real Madrid CF still on top of La Liga as Villarreal hold Sevilla to a draw - Hindustan Times [Last Updated On: February 6th, 2017] [Originally Added On: February 6th, 2017]
- Black Heart Bart heads Weir's CF Orr Stakes nominations - HorseRacing.com.au [Last Updated On: February 6th, 2017] [Originally Added On: February 6th, 2017]
- One Simple Thing Reg CF Issuers Can Do To Raise More Money Crowdfunding - Crowdfund Insider [Last Updated On: February 6th, 2017] [Originally Added On: February 6th, 2017]
- Analysts Valuations For 2 Stocks: CF Industries Holdings, Inc. (NYSE:CF), Nordstrom, Inc. (NYSE:JWN) - The Voice Registrar [Last Updated On: February 6th, 2017] [Originally Added On: February 6th, 2017]
- Andrew McCutchen to Move from CF to RF in 2017: Latest Comments and Reaction - Bleacher Report [Last Updated On: February 6th, 2017] [Originally Added On: February 6th, 2017]
- Basic Materials Stocks To Look Out For: Range Resources Corporation (RRC), CF Industries Holdings, Inc. (CF) - The Independent Republic [Last Updated On: February 7th, 2017] [Originally Added On: February 7th, 2017]
- Here's Why CF Industries Stock Gained 10.7% in January - Motley Fool [Last Updated On: February 7th, 2017] [Originally Added On: February 7th, 2017]
- Canyon releases lightweight Ultimate EVO CF 10.0 SL - Cyclingnews.com [Last Updated On: February 7th, 2017] [Originally Added On: February 7th, 2017]
- How Does CF Industries Holdings, Inc. (CF) Stack Up Right Now? - StockNewsJournal [Last Updated On: February 7th, 2017] [Originally Added On: February 7th, 2017]
- CF Orr Stakes - An Early Look - Racing.com [Last Updated On: February 7th, 2017] [Originally Added On: February 7th, 2017]
- Own a Piece of the Pot: Fundanna is First Reg CF Crowdfunding Portal for Cannabis Industry - Crowdfund Insider [Last Updated On: February 7th, 2017] [Originally Added On: February 7th, 2017]
- LaLiga: Valencia CF on the brink of a civil war - Yahoo Sports [Last Updated On: February 9th, 2017] [Originally Added On: February 9th, 2017]
- CF Orr Stakes day Caulfield racing preview - The Sydney Morning Herald [Last Updated On: February 9th, 2017] [Originally Added On: February 9th, 2017]
- CF Industries Holdings, Inc. Declares Quarterly Dividend - Business Wire (press release) [Last Updated On: February 9th, 2017] [Originally Added On: February 9th, 2017]
- CF Athletic and Cage Warriors Announce Exclusive Long-Term Apparel Partnership Deal - PR Newswire (press release) [Last Updated On: February 10th, 2017] [Originally Added On: February 10th, 2017]
- Gallery: Tiago Machado's Canyon Aeroad CF SLX - BikeRadar.com [Last Updated On: February 10th, 2017] [Originally Added On: February 10th, 2017]
- CF man pleads guilty to role in Eagle Point murder - Eau Claire ... - Leader-Telegram [Last Updated On: February 10th, 2017] [Originally Added On: February 10th, 2017]
- Cystic Fibrosis - National Library of Medicine - PubMed Health [Last Updated On: February 10th, 2017] [Originally Added On: February 10th, 2017]
- CF - CF Industries Holdings Inc Stock quote - CNNMoney.com [Last Updated On: February 10th, 2017] [Originally Added On: February 10th, 2017]
- Cystic Fibrosis | CF | Cystic Fibrosis Symptoms | MedlinePlus [Last Updated On: February 10th, 2017] [Originally Added On: February 10th, 2017]
- Why Investors remained confident on Paycom Software, Inc. (PAYC), CF Industries Holdings, Inc. (CF)? - StockNewsJournal [Last Updated On: February 11th, 2017] [Originally Added On: February 11th, 2017]
- Two Canadian CF-18s were on approach to land at Florida airport ... - National Post [Last Updated On: February 11th, 2017] [Originally Added On: February 11th, 2017]
- CF. Goldman Fall 2017 - WWD [Last Updated On: February 11th, 2017] [Originally Added On: February 11th, 2017]
- CF Industries to Announce Its 4Q16 Earnings: What to Expect - Market Realist [Last Updated On: February 11th, 2017] [Originally Added On: February 11th, 2017]
- Man steals $237 champagne from CF liquor store, police respond ... - Chippewa Herald [Last Updated On: February 12th, 2017] [Originally Added On: February 12th, 2017]
- CF Orr Stakes Where To Next - Racing.com [Last Updated On: February 12th, 2017] [Originally Added On: February 12th, 2017]
- Chainfire updates CF.lumen, Recently apps with Nougat-specific updates - Android Community [Last Updated On: February 13th, 2017] [Originally Added On: February 13th, 2017]
- Real Madrid Castilla 2-1 CF Fuenlabrada: Match Review ... - Managing Madrid [Last Updated On: February 13th, 2017] [Originally Added On: February 13th, 2017]
- CF Industries' Rally Just Starting to Grow - TheStreet.com [Last Updated On: February 13th, 2017] [Originally Added On: February 13th, 2017]
- U-CF School Board adds new member and approves preliminary budget - Chester County Press [Last Updated On: February 14th, 2017] [Originally Added On: February 14th, 2017]
- Tiago Machado's Canyon Aeroad CF SLX Gallery - Cyclingnews.com [Last Updated On: February 14th, 2017] [Originally Added On: February 14th, 2017]
- Agriculture Stocks Feb 15 Earnings Roster: ANDE, BG, CF - Zacks.com [Last Updated On: February 14th, 2017] [Originally Added On: February 14th, 2017]
- CF Industries Holdings, Inc. (CF) Shares Bought by FIL Ltd - The Cerbat Gem [Last Updated On: February 15th, 2017] [Originally Added On: February 15th, 2017]
- CF Industries' 4Q16 Profitability Disappointed Investors - Market Realist [Last Updated On: February 17th, 2017] [Originally Added On: February 17th, 2017]
- CF Industries Holdings (CF) Q4 2016 Results - Earnings Call Transcript - Seeking Alpha [Last Updated On: February 17th, 2017] [Originally Added On: February 17th, 2017]
- Op/Ed: Sanville wrong for U-CF - Chadds Ford Live [Last Updated On: February 18th, 2017] [Originally Added On: February 18th, 2017]
- Canyon Ultimate CF Evo 10.0 SL review - BikeRadar - BikeRadar.com [Last Updated On: February 18th, 2017] [Originally Added On: February 18th, 2017]
- Kansas City Royals: Yost Plans To Use Alex Gordon In CF - Call to the Pen [Last Updated On: February 19th, 2017] [Originally Added On: February 19th, 2017]
- CF Industries (CF) Q4 Loss Wider than Expected, Sales Miss - Zacks.com [Last Updated On: February 19th, 2017] [Originally Added On: February 19th, 2017]
- Father's death, mother's strength inspire Tigers CF Mikie Mahtook - Detroit Free Press [Last Updated On: February 19th, 2017] [Originally Added On: February 19th, 2017]
- CF Rayo Majadahonda 0-1 Real Madrid Castilla - Managing Madrid [Last Updated On: February 20th, 2017] [Originally Added On: February 20th, 2017]
- GridShare Targets Renewable Energy Crowdfunding under Reg CF, Plans International Expansion - Crowdfund Insider [Last Updated On: February 20th, 2017] [Originally Added On: February 20th, 2017]
- CF group claims new data supports case for Orkambi approval - Irish Times [Last Updated On: February 20th, 2017] [Originally Added On: February 20th, 2017]
- Cleveland Indians: Brandon Guyer To See Time In CF - Factory Of Sadness [Last Updated On: February 22nd, 2017] [Originally Added On: February 22nd, 2017]
- KC Royals: Alex Gordon CF Trial Suggests Worry About Lorenzo Cain - Kings of Kauffman [Last Updated On: February 22nd, 2017] [Originally Added On: February 22nd, 2017]
- CF Foundation lands big gift - Ocala [Last Updated On: February 22nd, 2017] [Originally Added On: February 22nd, 2017]
- Just the Facts on CF Industries Holdings, Inc. (CF) - StockNewsJournal [Last Updated On: February 23rd, 2017] [Originally Added On: February 23rd, 2017]
- CF Industries Holdings, Inc. to Participate in Upcoming Investor Conference - Yahoo Finance [Last Updated On: February 23rd, 2017] [Originally Added On: February 23rd, 2017]
- Galapagos doses first healthy volunteer with CF combo GLPG2222 and GLPG2451 - P&T Community [Last Updated On: February 24th, 2017] [Originally Added On: February 24th, 2017]
- Nivalis Therapeutics (NVLS) Says Cavosonstat Phase 2 Clinical ... - StreetInsider.com [Last Updated On: February 24th, 2017] [Originally Added On: February 24th, 2017]
- Pawtucket man arrested for narcotics in CF - WPRI 12 Eyewitness News [Last Updated On: February 24th, 2017] [Originally Added On: February 24th, 2017]
- Limerick CF parents: 'Our kid's lives are priceless' - Limerick Leader [Last Updated On: February 25th, 2017] [Originally Added On: February 25th, 2017]
- Real Madrid CF battle back to win at Villarreal CF and stay on top of La Liga - Hindustan Times [Last Updated On: February 26th, 2017] [Originally Added On: February 26th, 2017]
- Real Madrid CF slump to loss vs Valencia CF in La Liga - Hindustan Times [Last Updated On: February 26th, 2017] [Originally Added On: February 26th, 2017]
- CF Industries Holdings, Inc. (CF): What's the Story? - StockNewsJournal [Last Updated On: February 28th, 2017] [Originally Added On: February 28th, 2017]
- CF-18 pilot killed at Cold Lake did not eject or make mayday call - CBC.ca [Last Updated On: February 28th, 2017] [Originally Added On: February 28th, 2017]
- Get rough with Panasonic's new hybrid Toughbook - CNET [Last Updated On: February 28th, 2017] [Originally Added On: February 28th, 2017]
- The Technicals For CF Industries Holdings, Inc. (CF), An Important Analysis - NY Stock News [Last Updated On: February 28th, 2017] [Originally Added On: February 28th, 2017]
- The Panasonic CF-33 is a Toughbook you can tote - CNET [Last Updated On: February 28th, 2017] [Originally Added On: February 28th, 2017]
- Sherby named CF mayor Falls mayor - Iron County Reporter [Last Updated On: March 1st, 2017] [Originally Added On: March 1st, 2017]
- New classes at the CF Contemporary Center - Iron County Reporter [Last Updated On: March 1st, 2017] [Originally Added On: March 1st, 2017]
- Comment: You know the medical definition... but how many of you ... - Irish Independent [Last Updated On: March 1st, 2017] [Originally Added On: March 1st, 2017]
- Taoiseach expects deal on CF drug Orkambi in coming weeks - Irish Times [Last Updated On: March 1st, 2017] [Originally Added On: March 1st, 2017]
- Matheny on CF prospect Sierra: 'He's an electric player' - STLtoday.com [Last Updated On: March 1st, 2017] [Originally Added On: March 1st, 2017]
- Panasonic Toughbook CF-33 gets the 2-in-1 Windows 10 treatment - SlashGear [Last Updated On: March 2nd, 2017] [Originally Added On: March 2nd, 2017]
- PTC Therapeutics' ataluren flunks late-stage CF study; shares slump 24% premarket - Seeking Alpha [Last Updated On: March 2nd, 2017] [Originally Added On: March 2nd, 2017]
- CF to host men's and women's state hoops tournaments - Ocala [Last Updated On: March 4th, 2017] [Originally Added On: March 4th, 2017]
- Tigers CF Mikie Mahtook: Expect The 2015 Version Of Me - CBS Detroit [Last Updated On: March 4th, 2017] [Originally Added On: March 4th, 2017]
- SEC Report on Reg CF Crowdfunding: What Does it Mean? - Crowdfund Insider [Last Updated On: March 4th, 2017] [Originally Added On: March 4th, 2017]
- Lat strain abates, Collins to rejoin CF fight soon - Detroit News - The Detroit News [Last Updated On: March 4th, 2017] [Originally Added On: March 4th, 2017]
- PTC notches up full house of failures in CF with ataluren, dumps program - FierceBiotech [Last Updated On: March 4th, 2017] [Originally Added On: March 4th, 2017]
- Panasonic's Toughbook CF-33 Might Be the Most Durable 2-in-1 Yet - Laptop Mag [Last Updated On: March 4th, 2017] [Originally Added On: March 4th, 2017]
- CF Industries Holdings, Inc. (CF): How Do the Technicals Stack Up? - The USA Commerce [Last Updated On: March 6th, 2017] [Originally Added On: March 6th, 2017]