Adoration Health merges with Home Health Care
Home Health Care of East Tennessee, Inc., a family-owned home health care agency with offices in Chattanooga, Cleveland, Lenoir City and Whitwell, Tennessee, has merged with Adoration Health in Nashville, which is owned by BrightSpring Health Services.
Home Health Care will now integrate into Adoration Health under BrightSpring's home health care umbrella, joining a nationwide community of brands that provide clinical, non-clinical, pharmacy and ancillary care services for people of all ages, health and skill levels across home and community settings.
"What's great about this new partnership is that our organizations are both focused on the same mission – which is to help people live their best life," Adoration Chief Executive Officer Chris Jones said in an announcement Monday of the purchase of Home Health Care of East Tennessee. "We believe the coming together of two great organizations with caring and compassionate employees will be an opportunity to build upon each other's unique strengths and our goal is to provide even greater benefits to the people we serve."
Adoration Health serves approximately 1,200 individuals in 24 counties across the Middle Tennessee area.
Home Health Care of East Tennessee was founded in 1983 by Fred W. Bayne and was most recently owned by his daughter and son-in-law, Mitzi Bayne Ruth and Scott Ruth. In addition to the 17 counties in southeastern Tennessee, Home Health Care of East Tennessee also operates as Continue Care in 14 western Mississippi counties.
The merger was completed last Friday.
Gas prices drop another 4 cents
Chattanooga gas prices fell for the third consecutive week last week, dropping another 3.9 cents a gallon to $2.38 per gallon, according to GasBuddy's daily survey of 170 stations. Gas prices in Chattanooga are 9.6 cents per gallon lower than a month ago and 21 cents per gallon lower than a year ago.
The average price of regular gas in Chattanooga is 46 cents per gallon below the U.S. average of $2.84 per gallon, GasBuddy.com said.
"With a trade deal with China seemingly more and more unlikely, we may continue to see weakness in oil and gasoline prices," said Patrick DeHaan, head of petroleum analysis for GasBuddy. "We continue to believe that additional slow relief will trickle to pumps in the next week as more refiners get back into the game and boost production."
American sues unions over airline slowdown
American Airlines accuses its mechanics and their unions of conducting an illegal work slowdown to gain leverage in contract talks, and the airline is asking a federal judge to stop the activity.
The airline says mechanics have caused about 900 cancellations or long delays since early February by taking an unusually long time to repair planes and refusing to work overtime.
On Monday, American filed a lawsuit in federal district court in Fort Worth against the Transport Workers Union and the International Association of Machinists and Aerospace Workers, which together represent American's aircraft mechanics.
American says the slowdown will affect 3,400 passengers a day if it continues into summer.
More firms give China technology
The number of foreign companies that feel compelled to hand over technology in exchange for Chinese market access — an issue that sparked President Donald Trump's tariff fight with Beijing — has doubled since two years ago despite official promises to end such pressure, a business group reported Monday.
The European Chamber of Commerce in China's report highlighted enduring complaints about "forced technology transfer" that China's trading partners say violate its market-opening commitments despite denials and promises of change.
One in five companies that responded to a survey in January, before the latest round of U.S. and Chinese tariff hikes, said they felt compelled to hand over technology, up from 10% in a 2017 survey, the European chamber said.
The share of companies that said they felt compelled to transfer technology was higher in some fields — 30% in petroleum and chemicals, 28% in medical devices, 27% for pharmaceuticals and 21% in the auto industry. One-quarter of those companies said transfers were happening at the time of the survey.
The heavily regulated economy gives Chinese regulators leverage over companies, and business groups say they sometimes give orders in secret.
Trump started raising tariffs on Chinese imports last July over complaints Beijing steals or pressures foreign companies to hand over technology. Europe, Japan and other trading partners echo U.S. complaints that such practices violate Chinese commitments to open its markets and treat foreign companies equally in exchange for access to their markets.