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Medical laser firm sues former executives

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Management at Colorado Springs-based Spectranetics Corp. probably didn’t have a very relaxing Memorial Day – the company is mired in infighting resulting in the firing of two senior executives and is caught up in a lawsuit asserting the former employees conspired to replace the company’s chair to take control of the firm. The lawsuit filed… Continue Reading Medical laser firm sues former executives

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Last week I joined a group of fifteen realtors on the “Sales Group Tour,” a monthly shuttled event, organized by Steve Wrestler of Prestige Properties. The program is an informal one – cost is just $50 per year to get on the list. What a great, low-key way to get educated about the Pikes Peak… Continue Reading Briefs: Realtors take shuttle tour of area homes+

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Help Wanted: Chief executive officer and chief financial officer for leading edge medical technology firm. The board of directors at Spectranetics Corp. fired Joseph Langey, for the past five years chief executive officer of the company, and its chief financial officer, Paul Samek. They were fired after reportedly supporting a move to overthrow the company’s… Continue Reading Colorado Springs medical tech. firm ousts officers

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If you haven’t had a chance to see the tremendous Broadmoor Main renovation yet, you’ll want to find a reason to stop by or to set up a meeting there. The former Terrace Lounge on the mezzanine level is fantastic – the “$100 million bar” boasts a gorgeous white oak paneling and woodwork and stained… Continue Reading Briefs: Broadmoor Main Hotel renovations continue+

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The flu breaks out in Connecticut in November – and hundreds rush to emergency rooms and clinics for medical treatment. At the same time, many retired “snowbirds” head to Arizona for the winter. The result: an increased hospital patient census throughout Phoenix and Tucson. No problem, right? Local medical staffs and healthcare professionals are used… Continue Reading Colorado Springs firm helps fill nursing shortage

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Some men just aren’t satisfied with average performance or a passing grade. Take Maurice Gaubatz, President and CEO of Pyxant Labs, Inc., for example. His Colorado Springs-based company delivers bioanalytical chemistry support services to producers of agricultural chemicals and pesticides; it could survive and thrive in its current niche for the foreseeable future – but… Continue Reading Greener pastures ahead for bioscience testing firm

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Hospital submits expansion plans

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Memorial Hospital officials think they have it right this time. After their proposed changes to the hospital’s master plan went down in flames amid objections from the surrounding neighborhood in August 1999, planners went back to the drawing board. Now they are submitting changes that they think will allow the hospital adequate expansion to meet… Continue Reading Hospital submits expansion plans

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At least one insurance company gets it. As physicians struggle to provide quality care and still manage to come out ahead financially, they’ve had to seriously re-evaluate the contracts they sign with insurance carriers. Capitated contracts were the kiss of death for many providers, as the costs incurred to treat patients far surpassed payments. Recognizing… Continue Reading Briefs: Fee-for-service contracts in health care+

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Memorial Hospital had been considering adding new Wards – Montgomery Wards, that is. Hospital management received the nod of approval last week from the board of trustees to enter into negotiations to purchase the soon-to-be-vacant Montgomery Wards building at 2420 E. Pikes Peak Ave. The discount retailer said Dec. 28 it was filing bankruptcy proceedings,… Continue Reading Hospital tries to buy bankrupt retailer's building

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Walgreens plans continued expansion

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Walgreens Drug Stores sees good medicine in Colorado Springs, building four new stores in the past two years with another planned to open this spring at Murray Avenue and Platt Boulevard. Each store, which represents a $3 million-$4 million start-up investment, is part of a high-growth strategy that pits its local-convenience marketing strategy against one-stop… Continue Reading Walgreens plans continued expansion

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