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Doctor on the go: Concessions International founder opens airport clinic.


ATLANTA INVESTMENT BANKER Investment Banker

A person representing a financial institution that is in the business of raising capital for corporations and municipalities.

Notes:
An investment banker may not accept deposits or make commercial loans.
 AND LAWYER FELKER Ward Jr. is ushering the concept of quick, convenient healthcare into uncharted territory--airports.

This past May, Atlanta's Hartsfield-Jackson International Airport welcomed the first AeroClinic, an on-site healthcare facility designed especially for time-pressed travelers.

"It occurred to me with knowledge of the airport environment and the length of time travelers spend in airports that healthcare had application in airports, where you have the largest conglomeration con·glom·er·a·tion  
n.
1.
a. The act or process of conglomerating.

b. The state of being conglomerated.

2. An accumulation of miscellaneous things.
 of people," says the chairman and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , who in 1979 co-founded Concessions International L.L.C., an airport-based food and beverage F&B is a common abbreviation in the United States and Commonwealth countries, including Hong Kong. F&B is typically the widely accepted abbreviation for "Food and Beverage," which is the sector/industry that specializes in the conceptualization, the making of, and delivery of foods.  concessions venture, with business partners Jesse Hill and Herman J. Russell.

The AeroClinic concept may prove to be quite lucrative, as the Atlanta site alone expects to treat 80 to 100 patients per day for annualized annualized

Of or relating to a variable that has been mathematically converted to a yearly rate. Inflation and interest rates are generally annualized since it is on this basis that these two variables are ordinarily stated and compared.
 revenues between $1.5 million and $2.5 million. Financed primarily by private investors, each AeroClinic location costs an estimated $350,000 to construct, including about $25,000 for technology enabling Personal Healthcare Record kiosks facilitated through McKesson Corp.

Each AeroClinic medical team consists of nurse practitioners and physician's assistants. By incorporating the preventative healthcare ideals of board director Dr. David Satcher, former U.S. surgeon general The U.S. Surgeon General is charged with the protection and advancement of health in the United States. Since the 1960s the surgeon general has become a highly visible federal public health official, speaking out against known health risks such as tobacco use, and promoting disease  and director of the Centers for Disease Control, the team can provide traveling patients with medical care in many areas from vaccinations and immunizations to treatment for the common cold. AeroClinic facilities also offer a number of occupational medical services for airport and airline employees including on-the-job injuries and pre-employment screenings. AeroClinic accepts most major insurance plans; however for plans not covered not covered Health care adjective Referring to a procedure, test or other health service to which a policy holder or insurance beneficiary is not entitled under the terms of the policy or payment system–eg, Medicare. Cf Covered.  or for clients without insurance, a typical visit runs $25 to $100.

[ILLUSTRATION OMITTED]

The second site is set to open in Philadelphia International Airport. Ward hopes to construct a total of 20 AeroClinic facilities nationwide over the next five years.
COPYRIGHT 2007 Earl G. Graves Publishing Co., Inc.
No portion of this article can be reproduced without the express written permission from the copyright holder.
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Title Annotation:BUSINESS NEWS
Author:Walker, Tara C.
Publication:Black Enterprise
Date:Oct 1, 2007
Words:297
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