Decatur Memorial Hospital Named One Of Nation's
50 Top Cardiovascular Hospitals for the Fourth Year in a Row
by Truven Health Analytics
For the fourth consecutive year, Decatur Memorial Hospital was named one of the nation’s 50 Top Cardiovascular Hospitals® by Truven Health Analytics.
The study, now in its 16th year, singled out 50 hospitals that achieved superior clinical outcomes in this critical area of hospital care. As is the case with the 100 Top Hospital study published annually by Truven Health, the rigorous processes used to calculate and measure hospital service lines leverage industry leading, risk-adjusted methodologies developed and maintained by Truven Health scientists over many years and are widely-regarded as the leading program for evaluating leadership impact in a hospital, as well as in evaluating quality indicators and efficiencies.
The Truven Health 50 Top Cardiovascular Hospitals® study evaluates performance in key performance areas: risk-adjusted mortality, risk-adjusted complications, core measures (a group of measures that assess process of care), percentage of coronary bypass patients with internal mammary artery use, 30-day mortality rates, 30-day readmission rates, severity-adjusted average length of stay, and wage- and severity-adjusted average cost. This study has been conducted annually since 1999.
"Being honored four years in a row as one of the 50 Top Cardiovascular Hospitals in the country by Truven Health Analytics is a testament to the years of effort put in by a committed team of DMH doctors and staff,” said Ken Smithmier, President & CEO, Decatur Memorial Hospital. “We are grateful for the recognition and look forward to continuing to set the quality standard in heart care for our community."
The study and subsequent analysis of the positive variances these leading cardio service hospitals show, indicate an opportunity for a broader national impact for cardiovascular patients, should these results be replicated. In fact, if all cardiovascular providers in the U.S. performed at the level of this year's winners, more than:
The 50 Top Cardiovasular Hospitals study infers a significant correlation between hospital leadership and their organization’s outcome and quality achievements,” said Jean Chenoweth, Senior Vice President for Performance Improvement and the 100 Top Hospitals program at Truven Health Analytics.
Truven Health Analytics researchers analyzed 2012 and 2013 Medicare Provider Analysis and Review (MedPAR) data, 2013 Medicare cost reports, and 2014 Centers for Medicare and Medicaid Services (CMS) Hospital Compare data.
The winning hospitals were announced in the November 10th edition of Modern Healthcare magazine.
More information on this study and other 100 Top Hospitals research is available at www.100tophospitals.com.
Midland States Bank Opens Wealth Management Office
in Downtown Decatur
EFFINGHAM, ILLINOIS – November 6, 2014 – Midland States Bank is pleased to announce the opening of its new Wealth Management office at 240 South Main in downtown Decatur. The new office is located in the old city hall building, which was originally built in 1879 and is currently being renovated as part of the revitalization of downtown Decatur.
“Midland is very excited to be a partner in the renovation of this historic building and the renaissance of the downtown,” said Ron Drane, Managing Director of the Decatur Wealth Management office. “Not only does this move demonstrate our commitment to Decatur, but it is gratifying taking a building with a proud heritage and adapting it to today’s business needs.”
Working with Drane are Senior Wealth Advisor Carol Craig, Portfolio Manager Elizabeth Braden, Wealth Advisor Vanessa Spenard, Private Client Relationship Manager Eman Elsayed, and Wealth Advisor Danielle Diskey.
“Our expansion into Decatur compliments our focus of building long-term client relationships,” said Eric Chojnicki, President of Midland’s Wealth Management Group. “Ron and his team have tremendous experience and share the same customer driven, personal service philosophy for which Midland is well known.”
In addition to Decatur, Midland’s Wealth Management Group recently opened an office in Bloomington, Illinois. The group has assets under administration of more than $1.1 billion and serves a wide range of customers in the areas of investment management and financial planning, administration of 401(k) Plans and other retirement accounts, insurance products and trust administration services.
Seamless CEO transition underscores leadership strength, succession planning
CHICAGO--(BUSINESS WIRE)-- Archer Daniels Midland Company (NYSE: ADM) announced today that Juan R. Luciano has been named the company’s next chief executive officer, effective Jan. 1, 2015. He was also elected to the company’s board of directors, effective immediately. Luciano currently serves as president and chief operating officer responsible for leading and running the company’s global operations.
ADM Photo of Juan Luciano (Photo: Business Wire)
Luciano will succeed Patricia Woertz, who will continue in the role of ADM’s chairman of the board and is expected to retire in May 2016.
“When I joined ADM in 2006, one of the areas the board asked me to focus on was leadership development and succession planning, with the goal of ensuring an eventual seamless and successful transition to the next CEO,” Woertz said. “As I look ahead to fulfilling a decade of service to the company, the time feels right to begin that succession. ADM’s future is so bright. We have improved the company’s returns and crafted a strategic plan to achieve further improvements. We have worked hard to build the company’s earnings power and now—with good global demand, large global harvests and the expansion of our higher-margin business with the acquisition of WILD Flavors—we are well positioned for greater success.
“The board and I are confident that Juan—supported by ADM’s experienced and dedicated team—is absolutely the right leader to continue ADM’s success,” Woertz said. “He is exceptionally smart and capable, with global perspective and a proven track record of delivering results. I look forward to supporting him in his new role and working to ensure a smooth and seamless transition.”
“I am honored to have the opportunity to lead our great company and team into the future,” Luciano said. “Under Pat’s leadership, we have made exceptional progress creating a high-performance, results-focused company. My commitment is to build on that success by accelerating our pace of progress. This is an exciting time, with tremendous opportunities, and all of us at ADM are committed to leveraging our core model to achieve new levels of value-creation. I look forward to working with my colleagues to extend our more than 100-year record of success.”
Don Felsinger, ADM’s lead independent director, commented on Woertz’s tenure as chief executive officer: “As chairman and CEO for the past eight years, Pat has led the company to become stronger and more disciplined—enhancing its earnings power by leading a focus on returns, optimizing its business portfolio and strengthening its leadership team. With her commitment to excellence and her personal integrity, the company has achieved record financial performance, always with an emphasis on earning the right results, the right way. We congratulate Pat and look forward to her continued advice and perspective as chairman of the board.”
Commenting on the board’s appointment of Luciano as ADM’s next CEO, Felsinger said: “Since joining ADM in 2011, Juan has made an exceptional contribution to the company’s success. His focus on delivering improvements in cost, cash and capital has resonated with investors, and his drive to ensure ADM reaches new levels of customer relevance and excellence ensures that ADM is positioned well for future success. We are confident he will be an outstanding chief executive.”
About Juan Luciano
Effective Jan. 1, 2015, Juan Luciano will be ADM’s president and chief executive officer. He will be the ninth chief executive in ADM’s 112-year history. He joined ADM in 2011 as executive vice president and chief operating officer, and was named president in February 2014.
As president and chief operating officer, Luciano oversees the commercial and production activities of ADM’s Corn, Oilseeds, and Agricultural Services businesses, as well as its research, project management, procurement and risk management functions. He also oversees the company’s operational excellence initiatives, which seek to improve productivity and efficiency companywide. He has led the company’s efforts to improve its capital, cost and cash positions.
Previously, Luciano was with The Dow Chemical Company, where he last served as executive vice president and president of the Performance division.
Luciano is a governor of the Boys and Girls Clubs of America, and Midwest chair of the organization’s National Trustees Board. He holds an industrial engineering degree from the Buenos Aires Institute of Technology.
About Pat Woertz
Patricia A. Woertz is chairman of the board of directors and chief executive officer of Archer Daniels Midland Company. Effective Jan. 1, 2015, she will be chairman of the board.
Woertz joined ADM as CEO and president in April 2006. She was named chairman of the board in February 2007. Since joining ADM, Woertz has driven efforts to improve shareholder returns while growing the business through acquisitions, capital investments and partnerships. Under her leadership, ADM has strengthened its global network and grown its portfolio of higher-margin products.
Previously, Woertz was with Chevron Corporation, where she last served as executive vice president in charge of global refining, marketing, lubricant, and supply and trading operations.
She serves on the boards of directors of The Procter & Gamble Company and Royal Dutch Shell plc. She also chairs the U.S. section of the U.S.-Brazil CEO Forum and is a member of The Business Council. In 2010, she was appointed to the President’s Export Council by President Obama. Woertz holds a Bachelor of Science degree in accounting from The Pennsylvania State University, which has awarded her its highest recognition for alumni.
EDC Selects Ryan McCrady as New President
The Board of Directors of the Economic Development Corporation of Decatur and
Macon County (“EDC”) has selected Ryan P. McCrady as its new President, effective January 5,
2015. Tim Stone, the EDC Board Chair, stated: “The EDC Board set its standards high in terms of
this selection process. We have many important initiatives underway at present, and we eagerly
anticipate many more opportunities over the next several years. We wanted an individual who
is a proven leader, someone who has a track record of getting important things accomplished
and someone who works hard to develop and foster good quality relationships. Ryan represents
the gold standard in each of these areas. We are thrilled he has agreed to assume the
leadership of the EDC at this critically important period.”
McCrady is currently the City Manager for the City of Decatur, a post he has held since October 2008. Ryan commented on his acceptance of the EDC role: “Decatur is an amazing community, and my tenure as City Manager has been very rewarding. My family and I came to Decatur 6 years ago because we saw a city with tremendous potential, and it has proven to be true. I look forward to helping our community continue to succeed in my new role as President of the EDC.”
Mayor McElroy added: “Ryan has been an exceptional City Manager, and he will leave some very big shoes to fill. But I understand Ryan’s desire to have an even bigger impact on the development of our community in this new role, and I don’t believe the EDC could have selected a better leader. The City Council and I are supportive of his desire to make this important move at this time; we wish him total success and will do everything we can to support him in his new role at the EDC.”
Under Ryan’s leadership, and in cooperation with Mayor McElroy and the City Council, the City of Decatur has seen several recent major accomplishments, including an $89 million, multi-year dredging program to permanently increase the Lake Decatur capacity by 30%; a $14 million capital investment in the downtown streetscape; the relocation of the City of Decatur Police Department into a state-of-the-art, 46,000 square foot facility; and millions of dollars of investment in sewer, storm drainage, and water distribution infrastructure.
Larry Altenbaumer who has been serving as the interim President of the EDC since November 2013 oversaw much of the selection process for the new EDC President. He explained: “We conducted an extensive external search that resulted in more than 50 applications being reviewed; of this number, we identified about 8 that we felt warranted more detailed consideration. And over the course of the past several months we interviewed three of those candidates. At the same time the EDC Executive Committee reviewed potential local candidates. Ryan’s name surfaced very early as a desirable choice; however, discussions with Ryan in the early stages of the search process focused primarily on Ryan’s desire to complete certain critical initiatives in his current position. With the passage of time, Ryan achieved those targeted objectives and, I believe, began to see more clearly just how great the opportunity was at the EDC to really help shape the future of our community. The wait was well worth it; this is a superb outcome.”
Tim Stone added: “With Ryan, we have a proven performer. In both his position as City Manager and his role as a member of the Board of the EDC, Ryan is intimately familiar with all the current EDC activities. He has outstanding relationships at the local and state level. He will hit the ground running; there is no learning curve. This is a great day for our community.”
About the Economic Development Corporation of Decatur and Macon County
Composed of a combination of leading private sector employers, educational institutions and a variety
of governmental bodies, the Economic Development Corporation of Decatur and Macon County is
uniquely positioned to support the expansion and retention needs of Macon County’s existing business
and employer base along and to effectively work with prospective businesses from outside the Central
Illinois region to establish Decatur as a desired location for business development. The EDC works with
local, state and federal partners to provide economic, technical and training assistance to businesses in
the Macon County area.
Adds additional healthy ingredients to product portfolio
CHICAGO--(BUSINESS WIRE)-- Archer Daniels Midland Company (NYSE: ADM) today (Oct. 13) announced an agreement to purchase Specialty Commodities Inc. (SCI), a leading originator, processor and distributor of healthy ingredients, including nuts, fruits, seeds, legumes and ancient grains, for US$170 million, subject to post-closing adjustments.
“One of the ways we are improving returns and reducing the volatility of our earnings is through the expansion of our specialty ingredients portfolio,” said ADM Chairman and CEO Patricia A. Woertz. “One milestone in the ongoing process was the addition of WILD Flavors; the addition of Specialty Commodities Inc. is another step. Consumers around the world are demanding higher-quality, better-tasting, healthier foods with clean labels. We are continuing to add new product streams to our portfolio to enhance our capabilities to serve our customers as they respond to this demand.”
SCI, which was founded almost three decades ago, works with a global network of suppliers to source natural and organic ingredients and distribute them to customers in the snack, ice cream, cereal, nutrition bar, health food, bakery, pet food and bird food markets.
“We are pleased that SCI will become part of ADM,” said Larry Leitner, SCI founding partner and CEO. “SCI’s suppliers, colleagues and customers will benefit from ADM’s world-class innovation, supply-chain and manufacturing capabilities. And with our complementary geographies, similar business models, and shared focus on quality and customers, we see a bright future for the business.”
SCI is majority owned by Goldner Hawn Johnson & Morrison. When the transaction closes, SCI will become part of ADM’s new WILD Flavors and Specialty Ingredients business unit.
“This is another step as we continue to broaden the portfolio of ingredients we offer, enhance our knowledge and expertise, and focus on the quality of our products and the markets that matter most to our customers,” said Greg Morris, president, WILD Flavors and Specialty Ingredients.
ADM anticipates closing the transaction, which is subject to regulatory approval, in the coming weeks.
For almost 30 years, SCI has offered a full line of natural and organic products such as nuts, seeds, ancient grains, spices, dehydrated fruits and other ingredients. Its corporate headquarters is in Fargo, North Dakota; it has two processing facilities in California, locations in New Jersey, Illinois, and Minnesota, and does business in countries including China, Bolivia, Argentina, Brazil, India, South Africa, and Australia. Information at www.specialtycommodities.com.