On Aug. 26, 2008, Life University finalized a $71.5 million deal in bonds offered up by investors. The funds will be used for the university's "20/20 Vision" strategic plan, scheduled for completion by the year 2020. Present at the signing were Dr. Guy F. Riekeman, university president; William Jarr, vice president of operations and finance; and Provost Dr. Brian McAulay, along with bond, underwriting and legal counsel.
In June, Life received approval from the Development Authority of Marietta, Ga., to begin seeking investors for the bonds. The investors toured the campus facilities on Aug. 12 and made an offer of more than $150 million in bond funds. The university chose to accept $71.5 million of the offered amount.
Life plans to use the funds to make various improvements, renovate and equip existing facilities, and acquire and construct new buildings. According to Jarr, a portion of the new bonds will be used to pay off previous bonds from approximately 20 years ago.
From left: Life Provost Brian McAulay; President Dr. Guy F. Riekeman; Cecil Phillips, CEO of Place Properties (the development company); and Life VP of Operations and Finance, William Jarr.
Dr. Riekeman said the school has embarked on its 20/20 plan "to make Life a world-class center for health care education and research, and a think tank for health topics and other critical 21st-century issues." He added, "Life University is not only about teaching technical knowledge and skills for health-oriented careers. More importantly, Life is about instilling the world-citizenship skills that will equip its graduates to be leaders in their respective fields. Those skills are best taught face-to-face in classrooms, the library, the laboratories, the athletic facilities and the social gathering spots on campus."
New York's highest court of appeals has held that no-fault insurers cannot deny no-fault benefits where they unilaterally determine that a provider has committed misconduct based upon alleged fraudulent conduct. The Court held that this authority belongs solely to state regulators, specifically New York's Board of Regents, which oversees professional licensing and discipline. This follows a similar recent ruling in Florida reported in this publication.
Adjusted Reality, the new book by Foundation for Chiropractic Progress (F4CP) President, Dr. Sherry McAllister, promoting chiropractic and whole-being health, is already making waves as a Barnes & Noble and Amazon bestseller. As of mid-November, the book ranked #1 and #2 in the Barnes & Noble Top 100 Bestselling NOOK eBook lists in the Diet, Health & Fitness and Medicine & Nursing categories, respectively; and in multiple categories on Amazon.
Keeping our eyes smoothly focused while moving is no simple task because even the simple act of running produces head velocities in excess of 550° per second with head accelerations up to 6,000° per second. Failure to properly stabilize our eyes to compensate for rapid head motion could allow our eyes to over- or undershoot specific targets, which can result in blurred vision, nausea, impaired balance, and a greatly increased risk of falling.
