Rite Aid's new chief looks ahead

Article Abstract:

The article discusses the attempts by Robert G. Miller, the new chairman and CEO of Rite Aid Corp., to turn the company around and get rid of its $6.6 billion in debt.

Financial management, Drug stores and proprietary stores, Pharmacies and Drug Stores, Drug Stores, Drugstores, Rite Aid Corp., RAD

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Pondering Safeguard without Pete Musser

Article Abstract:

Philadelphia, Penn.-based Safeguard Scientifics Inc. has announced that its founder and chief executive officer, Pete Musser, will resign. Safeguard Scientifics, which was founded in 1953, is a venture capital company.

Diversified Companies, Safeguard Scientifics Inc., SFE

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In-home care firm files for Chapter 11; Home Health Corp. will reorganize

Article Abstract:

Home Health Corporation of America Inc (King of Prussia, PA) filed for Chapter 11 bankruptcy protection on Feb 18, 1999. Home Health CEO Bruce Feldman says the firm's patients will continue to receive treatment. About 28 Philadelphia area children, however, will have to be readmitted to hospitals, because the company can no longer afford the upwards of $600,000 a month needed to treat them at home. About 10% of Home Health's roughly 3000 employees will lose their jobs. Feldman says 6 managed care companies owe Home Health a total of at least $15 million.

Organizational history, Home health care services, Home Health Care, Abstract, Home care services, Home Health Corporation of America Inc., HHCA

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