Penton's Expansion Management Magazine Announces "Healthcare Cost Quotient" State Rankings, Evaluating Employer Cost Factors.NEW YORK New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of -- Penton's Expansion Management([TM]), a business magazine for executives of companies actively looking to expand or relocate their facilities, today released its fifth annual "Healthcare Cost Quotient quotient - The number obtained by dividing one number (the "numerator") by another (the "denominator"). If both numbers are rational then the result will also be rational. " (HQ) rankings. This year, Alabama, Indiana, Kansas, Michigan, Minnesota, Missouri, Nebraska, North Dakota North Dakota, state in the N central United States. It is bordered by Minnesota, across the Red River of the North (E), South Dakota (S), Montana (W), and the Canadian provinces of Saskatchewan and Manitoba (N). , Pennsylvania and Wisconsin received the magazine's "5-Star" rating, signifying their overall placement as the ten highest-ranked states. The HQ rankings are based on evaluation of data in five major healthcare categories: health care facilities, health care providers, health insurance costs, health care provider costs, and malpractice insurance Noun 1. malpractice insurance - insurance purchased by physicians and hospitals to cover the cost of being sued for malpractice; "obstetricians have to pay high rates for malpractice insurance" costs. A complete listing of all 50 states, including their ratings in each category, is available in the publication's January/February 2007 issue and on the Web at www.expansionmanagement.com. Healthcare costs for business are expected to rise by 6 to 8 percent in 2007 and employee healthcare has become a major factor in company profitability. As a result, site selection consultants and executives are increasingly evaluating healthcare costs when choosing locations for future facility expansion or relocation. "Many companies engaged in site selection understand that, by choosing the right state, they can realize significant savings in the area of healthcare. While this is just one of many factors to be considered, the rapid escalation es·ca·late v. es·ca·lat·ed, es·ca·lat·ing, es·ca·lates v.tr. To increase, enlarge, or intensify: escalated the hostilities in the Persian Gulf. v.intr. of healthcare costs has increased its relative importance dramatically," said Bill King, chief editor of Expansion Management. "Employers want locations that offer reasonable health care costs, as well as an abundance of high-quality health care providers, which can assist their recruiting efforts." For additional information on the Healthcare Cost Quotient survey, contact King at (913) 338-1503 (BillKing@penton.com), or Michael Keating This article is about Michael Keating the actor. For the political scientist, see Michael Keating (academic). Michael Keating (born 1947 in North London, England) is a British actor known for his role as Vila Restal in Blake's 7 , senior research editor at (216) 931-9657 (mkeating@penton.com.) Expansion Management is distributed to more than 45,000 CEOs, vice presidents, directors and other officers of companies that have indicated they are considering expanding into new geographic areas. In addition to its bimonthly bi·month·ly adj. 1. Happening every two months. 2. Happening twice a month; semimonthly. adv. 1. Once every two months. 2. Twice a month; semimonthly. n. pl. magazine, the publication offers e-newsletters, Webcasts, conferences and additional digital information for its audience. For more information, visit www.expansionmanagement.com. Expansion Management is published by Penton Media Penton Media, Inc. (OTC: PTON.OB), founded in 1892, is a diversified business-to-business media company. Penton Media is a mass media corporation that publishes and produces over 40 magazines, 80 trade shows, and 47 web sites. , Inc. Headquartered in New York, the new Penton Media, Inc. is one of the nation's largest business-to-business media and information companies, serving more than six million business professionals every month. Its market-leading brands are focused on 23 industries. The company was formed through the combination of Prism Business Media and Penton Media. The new company will adopt the Penton Media brand and expects to complete the transition to this new unified branding by March 15. Its growing portfolio includes 113 trade magazines, 145 Web sites, 96 industry trade shows and conferences and more than 500 information data products. The privately held company privately held company A firm whose shares are held within a relatively small circle of owners and are not traded publicly. is owned by U.S. Equity Partners II, an investment fund sponsored by Wasserstein & Co., LP, its co-investors, and by MidOcean Partners. For additional information on the company and its businesses, visit www.prismb2b.com and www.penton.com. |
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