A Week In Business

A Week In Business

PRMC Leader Re-Elected

SALISBURY – Peninsula Regional Medical Center President/CEO Alan Newberry was re-elected this month to a one-year term on the Executive Committee of the Maryland Hospital Association (MHA). Newberry has served on the MHA’s Executive Committee since 1999.

“It remains a privilege to be a member of the Executive Committee of MHA and to be a part of this association which serves as the advocate for Maryland hospitals and their patients before legislative and regulatory bodies,” said Newberry. “Given how quickly the health care environment can change, it’s important the Eastern Shore has a voice in statewide matters and I’m honored to serve in that capacity.”

Newberry is currently the Chairman of the Maryland Healthcare Education Institute’s (MHEI) Board of Trustees.  MHEI, based in Elkridge, Md., is a non-profit research and education trust affiliated with the MHA. He has been the President/CEO of Peninsula Regional Medical Center since 1997 and prior to that was its Executive Vice President/COO for five years.

Outlets Offer Free Shuttle

OCEAN CITY – Ocean City Factory Outlets will provide free transportation seven days a week, to and from major Ocean City hotels and motels June 25 through Sept. 30. The shuttle schedule is listed on the back of the outlet brochure and is also available on line at www.ocfactoryoutlets.com.

Ocean City Factory Outlets is the only retail center bringing top name, off-price retail to the Ocean City market. Major retail tenants include Gap, Izod, D. A. Kozma Jewelers, Bass, Kitchen Collection, Dress Barn/Dress Woman, Tommy Hilfiger, Jos. A. Banks, PacSun, Children’s Place, Rack Room Shoes, Harry and David and Motherhood Maternity among others. Aéropostale is the most recent retailer to join the shopping complex.

Company Wins Honor

SALISBURY – Avery Hall Insurance was recently named winner of the prestigious United Way of the Lower Eastern Shore’s “Sprit of the Shore” award. The award is the highest honor bestowed on a company or organization each year for excellence in community compassion, volunteer service and overall philanthropic community support.

Avery Hall was awarded this honor for its many years of commitment to supporting United Way’s efforts to help those in need, their incredible creativity, enthusiasm and energy to continually increase the amount of their annual employee campaign as well as their employee representation on the United Way Board and committees.

“It is truly an honor to accept this award on behalf of the entire staff of Avery Hall Insurance. It is heart-warming to have such a dedicated staff and to see the tremendous community support they show by helping our local United Way make a difference for so many of our neighbors in need,” Avery Hall CEO Tom Wisniewski said.

Outside of government, United Way of the Lower Eastern Shore is the largest funder of non-profit health and human services programs in Wicomico, Worcester, Somerset and Dorchester counties on the Eastern Shore of Maryland. The organization is currently providing a record $1,248,500 for local programs and services. This critical funding directly supports 51 local programs such as Meals on Wheels for homebound seniors, hospice care for the uninsured, and emergency social services for low-income families, to name a few.

Utility Inks Power Deal

NEWARK, Del. – Delmarva Power and Babcock & Brown have reached an agreement on a long-term power purchase contract under which Delmarva Power would buy up to 200 megawatts of power from an offshore wind farm to be developed by Babcock & Brown’s subsidiary, Bluewater Wind Delaware, LLC. The purchase includes energy, capacity and renewable energy credits.

This contract will be added to a portfolio consisting of up to an additional 170 megawatts of existing, land-based, wind power contracts recently signed by Delmarva Power, all of which are subject to state approval. When blended together, the various wind power agreements will provide customers with a diverse, stable and reasonably-priced pool of clean, renewable resources.

“With the addition of this contract, I’m confident we will meet the aggressive renewable energy goals established by Delaware in 2007,” said Gary Stockbridge, President of the Delmarva Power Region. Under the state’s renewable energy goals, Delmarva Power must ensure that 20 percent of its electricity supply comes from renewable sources by the year 2019. Delmarva Power is one of the first investor-owned utilities in the United States to have made contractual commitments that will enable it to meet such aggressive renewable energy goals.”

Under this 25-year agreement, Bluewater Wind, the state-selected offshore wind provider, could begin delivering electricity to Delmarva Power’s Delaware customers around the year 2012. Delmarva Power’s customers would buy about half the amount of electricity at a lower overall price per megawatt-hour, as compared to the previous offer.

In addition to the agreement to buy a percentage of the output of the wind farm, Delmarva Power also has agreed, subject to state approval, to implement an optional program that would give Delmarva Power customers the choice to purchase additional offshore wind power.