Posts Tagged ‘Health’

Turner Survey on Green Buildings Shows Greater Focus on Benefits of Improving Health, Wellbeing, and Productivity of Building Occupants

Monday, November 3rd, 2014

New York, New York (PRWEB) October 21, 2014

Turner Construction Company, recognized as the largest green builder in the United States, today announced the results of their sixth survey of real estate, design and construction executives on environmentally sustainable construction practices.

Key findings of Turners 2014 Green Building Market Barometer show that companies remain committed to constructing green buildings and value the financial benefits they provide building owners and occupants. Of increasing importance among survey respondents are the benefits that green buildings provide for employee health and wellbeing and for hiring and retention of employees.

While building owners continue to incorporate green features in buildings to reduce operating costs, we see more organizations paying closer attention to the positive impacts of green buildings on indoor environmental quality and employee satisfaction and productivity. said Michael Deane, chief sustainability officer. He continued, We are also seeing, both in our own work and from the results of the survey, increased attention to maintaining essential building operations in the face of extreme weather events.

The survey of more than 300 executives who own or rent space or are involved in building design and construction found the following:

Outlook for Construction Projects Remains Strong

Reflecting a positive business outlook, 65% of executives said it was extremely or very likely their organization would undertake a new construction project over the next 12 months, while 75% said the same about undertaking a renovation project.

Continued Importance Placed on Financial Benefits of Green Buildings

In deciding whether to incorporate green features, financial considerations were most often rated as extremely or very important. The financial factors most highly rated in the decision-making process to incorporate Green features in construction projects were energy efficiency, asking rents, ongoing operations and maintenance costs, and occupancy rates.

Attention to Benefits on Employees and Occupants is Increasing

Several non-financial factors were highly rated benefits of Green buildings including health and well-being of occupants, indoor air quality, employee productivity, impact on brand/reputation, and satisfaction of employees/occupants. Recognizing the importance of an organizations reputation for sustainability in its ability to attract and retain talented employees, employee hiring/retention was rated as extremely or very important by 62% of executives, up from 49% in the 2012 survey.

Expanding Attention to Water Efficiency

Among other factors, a growing awareness of water as a finite, and sometimes scarce resource has prompted an increase in the likelihood that respondents would incorporate improved water efficiency into new construction and renovation projects, up from 57% in 2012 to 71% this year.

Increased Focus on Building Resiliency

The ability to maintain or quickly resume operations in the event of extreme weather conditions such as hurricanes, tornadoes, floods, and drought have made building resiliency a priority of executives. In the survey, 66% of executives said achieving resiliency is extremely or very important when their organization designs, constructs, or operates a building.

Rising Importance of Material and Supply Chain Transparency

For the first time, more than half of the executives said the level of a vendors sustainable practices was extremely or very important for their organization when choosing a supplier of goods and materials (56%) or a service provider (52%). These figures have climbed steadily since 2010, when they were 43% for suppliers and 39% for service providers.

Green Building Rating Systems

Respondents expressed a continued interest in obtaining LEED certification on construction projects. Additionally, respondents expressed a significantly increased interest in alternative rating systems such as Green Globes, EnergyStar, Living Building Challenge and others, with 43% of respondents saying they would be extremely or very likely to seek alternative certification, significantly more than the 2012 number of 17%.

About Turner Construction Company

Turner is a North America-based, international construction services company. Founded in 1902, Turner first made its mark on the industry pioneering the use of steel-reinforced concrete for general building, which enabled the company to deliver safer, stronger, and more efficient buildings to clients. The company continues to embrace emerging technologies and offers an increasingly diverse set of services. With an annual construction volume of $ 9 billion, Turner is the largest builder in the United States, ranking first in the major market segments of the building construction field, including healthcare, education, sports, commercial, and green building. The firm is a subsidiary of HOCHTIEF, one of the worlds leading international construction service providers. For more information please visit http://www.turnerconstruction.com.

About HOCHTIEF

HOCHTIEF is one of the most international construction groups worldwide. The company delivers complex infrastructure projects, in some cases on the basis of concession models. The Group operates in the transportation infrastructure, energy infrastructure and social/urban infrastructure segments as well as in the contract mining business. With nearly 81,000 employees and a sales volume of more than EUR 25 billion in FY 2013, HOCHTIEF is represented in all the worlds major markets. With its subsidiary Leighton, the Group is market leader in Australia. In the USA, the biggest construction market in the world, HOCHTIEF is the No. 1 general builder via its subsidiary Turner and, with Group company Flatiron, ranks among the most important players in the field of transportation infrastructure construction. Further information is available at http://www.hochtief.com/press.







Global Health College Signs 20,624 sq lease with Matan in Alexandria

Wednesday, September 10th, 2014


Frederick, MD (PRWEB) September 05, 2014

Matan Companies announced today the signing of a 130-month deal with Global Health College to occupy the second and third floors of their 6101 Stevenson Avenue project in Alexandria, Virginia. Matan Development will manage the Global Health College build out of the 20,624 square foot facility, which will serve as the educational and administrative center for their various nursing education degrees.

Matan has owned the 7-story, 75,023 square foot project since 2000 and plans major capital improvements and upgrades to the building over the next two years. Those improvements include a new 62 seat state-of-the-art conference center, renovated lobby and bathrooms, renovated elevator cabs, new building entrance, and building fa

Gettry Marcus CPA, P.C., a Leading Tax and Business Valuation Firm, Discusses an IRS Decision to Ease the Use-Or-Lose Rule for Health Flexible Spending Arrangements

Saturday, January 11th, 2014

Woodbury, NY (PRWEB) December 27, 2013

Leading tax, accounting and forensic accounting firm Gettry Marcus CPA, P.C., comments on health flexible spending arrangements (health FSAs). Health FSAs are popular savings vehicles for medical expenses, but their use has been held back by a strict use-or-lose rule. The IRS recently announced a significant change to encourage more employers to offer health FSAs and boost enrollment. At the plan sponsor’s option, employees participating in health FSAs will be able to carry over, instead of forfeiting, up to $ 500 of unused funds remaining at year-end.

Health expenses

Health FSAs are designed to reimburse participants for certain health care expenditures, typically expenses that qualify for the medical and dental expense deduction. Medical supplies, such as eye glasses and bandages, are usually treated as qualified expenses. However, nonprescription medicines (other than insulin) are not considered qualified medical expenses.

Health FSAs are often funded through voluntary salary reduction agreements with the participant’s employer under a cafeteria plan. In that case, they are very taxpayer-friendly because no federal employment or federal income taxes are deducted from the employee’s contribution. The employer may also contribute to a health FSA. However, there are special rules which govern employer contributions.

Typically, participants designate at the beginning of the year the amount they want to contribute to their health FSA and these amounts are deducted from their pay. For 2014, an employee’s salary reduction contributions cannot exceed $ 2,500. The $ 2,500 cap is very important because cafeteria plans that do not limit health FSA contributions to $ 2,500 are not treated as cafeteria plans, and all benefits offered under the plan are included in the participants’ gross income.

Use-or-lose rule

As mentioned, the use-or-lose rule is a drawback to health FSAs. Unused amounts remaining in the health FSA at year-end are forfeited. Employers are not allowed to refund any unused funds in a health FSA. Critics of the use-or-lose rule argue that it has discouraged participation in health FSAs because many employees do not want to risk forfeiting unused funds. Often, participants have to scramble at year-end to use their health FSA dollars.

Grace period option

A few years ago, the IRS modified the use-or-lose rule. The IRS allowed cafeteria plans to adopt a grace period. Participants can use amounts remaining in a health FSA at year-end for up to an additional two months and 15 days. This grace period is optional. Employers are not required to offer the grace period, although many do.

To learn about additional options, visit the Gettry Marcus tax update page.

Gettry Marcus CPA, P.C. is a Top 200 firm nationally with offices in Woodbury, Long Island and New York City. We provide accounting, tax, and consulting services to commercial businesses, high net worth individuals and various industries which include Real Estate and Health Care. We have one of the premier and most credentialed Business Valuation, Litigation and Forensic Accounting Groups in the New York Area. Our experience in diverse industries and a highly talented and experienced professional staff gives us the ability to share valuable insights into our clients businesses, to better understand their goals and problems and to help them attain the vision they have for their company.

Gettry Marcus is “Always Looking Deeper” to build value for our clients. Visit the Gettry Marcus tax page here.

Media inquiries: Contact Fayellen Dietchweiler at 516-364-3390 ext. 225 or at fdietchweiler(at)gettrymarcus(dot)com.

If and only to the extent that this publication contains contributions from tax professionals who are subject to the rules of professional conduct set forth in Circular 230, as promulgated by the United States Department of the Treasury, the publisher, on behalf of those contributors, hereby states that any U.S. federal tax advice that is contained in such contributions was not intended or written to be used by any taxpayer for the purpose of avoiding penalties that may be imposed on the taxpayer by the Internal Revenue Service, and it cannot be used by any taxpayer for such purpose.







Founders of National Health Care Provider Solutions to present at National Collegiate Entrepreneurs’ Organization Conference in Chicago

Wednesday, November 7th, 2012


HENDERSON, NV (PRWEB) November 01, 2012

Dr. Karl “Fritz” Disque and John Lustig, founders of National Health Care Provider Solutions (an online medical certification instruction provider), will present to a group of over 1200 students, faculty, and young entrepreneurs attending the National Collegiate Entrepreneurs’ Organization (CEO) Conference in Chicago, ILL, November 1 – 3. This is the first time that Disque and Lustig have been invited to present at the annual two-and-a-half-day event which includes some of the most innovative entrepreneurs in the country.

Dr. Disque is a board certified physician and entrepreneur. He completed pharmacy school at Purdue University, medical school at Des Moines University and served his anesthesiology residency at Rush University. Dr. Disque is involved in several entrepreneurial endeavors including medical education, financial and human capital asset resource management and real estate. In addition to his entrepreneurial ventures, he is currently a practicing anesthesiologist in Las Vegas and Chicago.

John Lustig is co-founder of National Health Care Provider Solutions. He currently serves as Secretary of the Board, Board of Directors of The Global Wells Foundation, an international non-profit organization that brings integrated clean water solutions to many regions throughout the world. Lustig is also an active volunteer of the Ronald McDonald House in Chicago.

The CEO conference is an annual event held at college campuses around the country. They extend invitations to students, faculty and young entrepreneurs to attend and learn from successful entrepreneurs. Keynote- and breakout-session speakers share their ideas and expertise in how they launched and built successful businesses. The presenters strive to inspire students and business owners to pursue their entrepreneurial aspirations.

About National Health Care Provider Solutions (NHCPS)

NHCPS is a provider of online ACLS, PALS and BLS certification and re-certification training. The course curriculum is 100% online, which provides a convenient, alternative to the hands-on approach to the certification instruction. This accommodates the schedules of busy medical personnel. The programs require no course skill checks or final exams. NHCPS is confident that their instruction fully prepares ACLS, PALS and BLS specialists to successfully complete their certification exams.

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