Business briefs, May 31
Rightmyer earns CIC designation
Rightmyer Insurance Agency congratulates Chris Rightmyer for attaining the designation of CIC—Certified Insurance Counselor. By earning and maintaining the CIC designation, he has demonstrated professional competence through a series of rigorous written examinations focusing on all major fields of insurance, agency operations, and insurance management. This achievement signifies a commitment to continuing education, required of all those who have earned the CIC designation. To learn about what a CIC can do for you and your insurance program, call Chris Rightmyer at (859) 236-4860. The office is located at 129 North Fourth St. in Danville.
Poynter appointed to State Fair Board
STANFORD — Michael Edward Poynter, of Stanford, has been appointed by Gov. Matt Bevin to the Kentucky State Fair Board. Poynter will represent the Kentucky Association of Fairs and Horse Shows. He shall serve for a term expiring May 10, 2021.
Ephraim McDowell Fort Logan Hospital Auxiliary receives HANDS Award from Kentucky Hospital Association
STANFORD – The Ephraim McDowell Fort Logan Hospital (EMFLH) Auxiliary was a recipient of a HANDS Award presented on May 18 by the Kentucky Hospital Association (KHA) at the 88th Annual KHA Convention in Lexington.
The HANDS Awards (Helping Accomplish Noteworthy Duties Successfully) recognize outstanding volunteer/auxiliary programs in hospitals across the state. Ephraim McDowell Fort Logan Hospital was singled out as one of four recipients of this year’s awards.
The Safety Day Project, organized by hospital volunteers, is a community awareness project for Stanford and Lincoln County communities. Several outside agencies, including the fire departments, police department, sheriff’s office, jail, health department, emergency management, Kentucky State Police, fish and wildlife, county dive/rescue team and Farm Bureau Federation, were invited to participate to make the community aware of the services they offer. Volunteers also set up a concession stand to serve the community to say “thank you” to the emergency services. Hospital volunteers also took the opportunity to let the community know how to become a volunteer.
“Our volunteers are an incredible team of devoted ladies and gentlemen who help others in such remarkable ways,” says Rebecca Rowe, manager of Volunteer Services for Ephraim McDowell Health. “I’m so proud that their efforts were recognized and rewarded by a group of their peers.”
Individuals who want to become a member of the Auxiliary are asked to contact Rebecca Rowe at (859) 239-1208. She can also be contacted via email at firstname.lastname@example.org.
Ephraim McDowell Fort Logan Hospital awarded accreditation from the Joint Commission
STANFORD — Ephraim McDowell Fort Logan Hospital (EMFLH) has earned reaccreditation from The Joint Commission by demonstrating compliance with The Joint Commission’s national standards for health care quality and safety in hospitals. The accreditation award recognizes EMFLH’s dedication to continuous compliance with The Joint Commission’s state-of-the-art standards.
Ephraim McDowell Fort Logan Hospital underwent a rigorous unannounced on-site survey on March 22 and 23. A team of Joint Commission expert surveyors evaluated EMFLH for compliance with standards of care specific to the needs of patients, including infection prevention and control, leadership and medication management.
“Joint Commission accreditation provides hospitals with the processes needed to improve in a variety of areas from the enhancement of staff education to the improvement of daily business operations,” said Mark G. Pelletier, RN, MS, chief operating officer, Division of Accreditation and Certification Operations, The Joint Commission. “In addition, our accreditation helps hospitals enhance their risk management and risk reduction strategies. We commend Ephraim McDowell Fort Logan Hospital for its efforts to become a quality improvement organization.”
“Ephraim McDowell Fort Logan Hospital is pleased to receive accreditation from The Joint Commission, the premier health care quality improvement and accrediting body in the nation,” added Ina Glass, administrator, Ephraim McDowell Fort Logan Hospital. “Staff from across the organization continue to work together to develop and implement approaches that have the potential to improve care for the patients in our community. The staff at EMFLH are some of the best to be found. They really care about the people in our communities.”
Kentucky Chamber of Commerce executives awards scholarships
FRANKFORT – The Kentucky Chamber of Commerce Executives (KCCE), the statewide network of professionals dedicated to promoting professional education, ethical standards and efficiency in chamber of commerce management, has announced the organization is awarding nine scholarships for the upcoming annual Association of Chamber of Commerce Executives (ACCE) National Convention. The KCCE board of directors decided to increase scholarship money to encourage as many members as possible to attend the ACCE Convention to be held in Nashville, July 16 to 19.
The local scholarship winners are Andrea Miller with the Lincoln County Chamber and Paula Fowler of the Danville-Boyle County Chamber.
Farmers National Bank Community Walking Trail Ribbon Cutting Ceremony at CU-Conover Education Center
By Joshua Williams
Communications office manager,
Office of University Communications
HARRODSBURG – Campbellsville University hosted a ribbon cutting ceremony for the new Farmers National Bank Community Walking Trail at the Conover Education Center May 24.
“Where we are today, is not where we will be tomorrow,” Wes Carter, regional director for development and church outreach, said.
“It has taken far more than just the collective efforts of Campbellsville University and its staff. It has taken a community, individual clubs, state representatives, senators and Farmers National Bank, who believe in us and in our mission.”
The community walking trail circles around the Conover Education Center at 1150 Danville Road, Harrodsburg.
“Congratulations to Campbellsville University on the amazing success in such a short period of time,” Greg Caudill, CEO of Farmers National Bank, said.
Blake Shewmaker, assistant vice president of Farmers National Bank with other Farmers National Bank employees, joined Dr. Michael V. Carter, president of Campbellsville University, for the official ribbon cutting.
Conover Education Center is on the initial stage for the property expansion with a new building in the near future, Carter said, with construction beginning in about four-six weeks.
Caudill said Campbellsville University will help this region to grow by providing valuable education in Harrodsburg.
“We are very pleased to be here at Mercer County. According to our demographic analysis, we have students studying here from seven different counties,” Dr. Michael V. Carter said.
Wes Carter gave special thanks to the Harrodsburg Rotary Club for their support of the Conover Education Center.
Father Al Degiacomo of Saint Andrews Catholic Church ended the ceremony with a closing prayer.
Campbellsville University is a widely-acclaimed Kentucky-based Christian university with more than 5,000 students offering over 80 programs of study including 19 master’s degrees, six postgraduate areas and seven pre-professional programs. The university has off-campus centers in Louisville, Harrodsburg, Somerset and Hodgenville with instructional sites in Elizabethtown, Owensboro, and Summersville and a full complement of online programs. The website for complete information is campbellsville.edu.
Forbes Magazine Recognizes Community Trust Bancorp, Inc.as One of “America’s 50 Most Trustworthy Financial Companies”
PIKEVILLE, KY. – Jean R. Hale, Chairman, President, and CEO of Community Trust Bancorp, Inc. (NASDAQ: CTBI), announced today that Community Trust Bancorp, Inc. has been recognized by Forbes magazine for the fourth time as one of “America’s 50 Most Trustworthy Financial Companies.” Community Trust received a score of 99 out of a possible 100 points.
The Forbes list, released on April 28, 2017, includes publicly-traded North American banks and insurance companies. According to Forbes, “In looking for trustworthiness, MSCI ESG Research calculated the companies’ AGR ratings—“Accounting and Governance Risk”—the composite scores by which organizations are judged. Factors considered include high risk behaviors like regulatory actions, amended filings, revenue and expense recognition methods, and bankruptcy risk.”
“In rating the companies, each firm begins with 100 points and then points are taken off for blips or haziness or opaqueness in its financials, says Agnes Grunfeld, vice president at MSCI. “Mainly, AGR looks for risk factors that indicate the financial statements might be misleading,” she explained. “We’re looking for extreme values in a large set of ratios. We’ve got about 55 metrics and about two-thirds are accounting ratios—everything comes from public information.”’
Forbes also noted, “Community Trust Bancorp, founded in Kentucky, is also a noteworthy appearance on the list. It has graced our roster of trustworthiness over the past three years and in this latest quarter earned an almost perfect AGR score of 99 points. In fact, Community Bancorp has earned an average of 99 points for the past four financial quarters.”
“We are pleased and humbled that Community Trust has been recognized once again in this Forbes survey,” said Ms. Hale. “Stewardship of our Company’s shareholder assets is a fundamental responsibility which we strive to discharge through stringent corporate governance and accounting processes. Community Trust strongly believes in serving its constituents, its shareholders, its customers, its employees and its communities with the core values of fairness, respect and integrity. Our history of investment returns continues to demonstrate the viability of our stock as a long-term core value investment.”
Community Trust Bancorp, Inc. has been a member of the NASDAQ Global Select Market since its inception in 2006. The NASDAQ Global Select Market has the highest initial listing standards of any exchange in the world based on financial and liquidity requirements. Prior to 2006, CTBI had been listed on the NASDAQ National Market.