NoneSummary: VCA, proudly part of Mars Veterinary Health , and Antech aspire to collaborate at scale with One Health reporting organizations, envisioning a six-step framework for nationwide health initiatives The pet health companies test framework via a large-scale study of humans and pets across the U.S., revealing COVID-19 transmission to pets with no signs of illness LOS ANGELES , Dec. 9, 2024 /PRNewswire/ -- VCA Animal Hospitals , a leader in comprehensive veterinary services and Antech , a leader in veterinary diagnostics, today published its Six-Step Framework for Companion Animal Public Health Collaboration, detailing how One Health organizations can integrate pets into a nationwide health response. This innovative framework outlines the necessary considerations and steps to quickly activate this response lever as part of public safety efforts. It emphasizes the importance of collaboration between veterinary professionals, public health officials, and diagnostic experts to create a seamless and effective response system. Prior to the outset of the COVID-19 pandemic, approaches to understand the impacts of infectious disease outbreaks such as SARS-CoV-2, the virus responsible for COVID-19, on pets were limited and fragmented. A recent VCA study published in Viruses highlights the effectiveness of this new six-step framework in action with VCA and Antech working together to implement rapid-response monitoring and disease detection protocols. This collaboration enabled swift identification and management of COVID-19 cases, demonstrating the potential of the framework to address a critical knowledge gap bridging human and pet health during an emerging public health pandemic. "Traditionally, pets have largely been ignored in public health surveillance, but we want to change that," said Anne Kimmerlein DVM, MPVM, DACVPM, Veterinary Epidemiologist for VCA Animal Hospitals. "Thanks to the participation of our Associates and their pets, we were able to show the impact that the private veterinary sector can have when we come together to address an emerging public health threat. Based on that initial work, we've created a framework for continued and expanded One Health collaboration." The study involved a nationwide approach, focusing on households with confirmed SARS-CoV-2 infections in humans. Pets in these households were monitored for clinical signs consistent with SARS-CoV-2, and samples were collected for PCR and serological testing. The study included 747 dogs and 253 cats. The study highlighted the significance of being watchful of close human-animal contact and preventive measures to reduce transmission risks. The results indicated that pets can contract SARS-CoV-2, primarily through close contact with infected humans. While most pets showed mild or no symptoms, the study nonetheless underscored the recommendation for preventive measures such as good hand hygiene around pets to minimize transmission risks. The findings also demonstrated the potential for pets to seroconvert and develop antibodies, indicating exposure to the virus. "The results of this study show a significant step in advancing our understanding of how closely human and animal health are intertwined – and it was only possible through close collaboration between VCA and our team at Antech," said Christian Leutenegger , Dr. Med. Vet., Ph.D., FHV, Vice President of R&D, Assay Development at Antech Diagnostics . "The research provides a blueprint for continued ongoing collaboration to examine other types of infectious diseases that could impact our pets." VCA and Antech's six-step framework for One Health collaboration sets a new standard for integrating pets into nationwide health responses. By fostering collaboration and leveraging advanced diagnostic tools, this approach helps deliver a swift and effective response to public health crises. The success of the COVID-19 study serves as a testament to the potential of this innovative strategy. "Our commitment to One Health principles has never been stronger," said Marie Kerl , DVM, MPH, MBA, DACVIM, DACVECC and Chief Medical Officer for VCA Animal Hospitals. "By integrating pets into our nationwide health response, we can ensure a more comprehensive approach to public safety and health." To learn more about this groundbreaking framework, visit " Six-Step Framework for Companion Animal Public Health Collaboration ." About VCA Animal Hospitals A leader in veterinary care, VCA Animal Hospitals is committed to caring for the future of veterinary medicine. We are a family of hometown animal hospitals determined to positively impact pets, people, and our communities. From general practice to emergency and specialty care, VCA delivers world-class medicine to more than four million pets each year. Our national network of hospitals invests in cutting-edge tools, training and technology that enables our Associates to lead the industry today and into tomorrow. Among our talented 35,000 Associates are nearly 7,000 veterinarians – including 430 who are board-certified specialists – nearly 4,000 credentialed veterinary technicians and more than 10,000 veterinary assistants – all dedicated to giving pets the very best in medical care. As part of the Mars Petcare family of businesses, VCA is committed to its Purpose: A BETTER WORLD FOR PETS. To learn more about VCA, visit vca.com . About Mars Veterinary Health Mars Veterinary Health is a global division of Mars Petcare dedicated to delivering high-quality pet healthcare to further its collective Purpose: A BETTER WORLD FOR PETS. Mars Veterinary Health's 70,000 Associates across 3,000 global veterinary clinics put pets, people, and the planet first. The Mars Veterinary Health family includes Associates at AniCura, Banfield, BluePearl, Creature Comforts, Gentle Oak, Hillside, Linnaeus, Mount Pleasant, Tai Wai , VCA, VES, and VSH who demonstrate compassion and expertise while enabling 35 million pet visits each year. Learn more at marsveterinaryhealth.com . About Antech Antech is a leader in veterinary diagnostics, driven by our passion for innovation that delivers better animal health outcomes. Our products and services span 90+ reference laboratories around the globe; in-house diagnostic laboratory instruments and consumables, including rapid assay diagnostic products and digital cytology services; local and cloud-based data services; practice information management software and related software and support; veterinary imaging and technology; veterinary professional education and training; and board-certified specialist support services. As part of the Mars Petcare family of businesses, Antech is committed to its Purpose: A BETTER WORLD FOR PETS. Learn more at AntechDiagnostics.com . View original content to download multimedia: https://www.prnewswire.com/news-releases/vca-animal-hospitals-and-antech-advocate-for-more-comprehensive-pet-data-in-public-health-reporting-recommend-six-step-framework-for-one-health-collaboration-302326701.html SOURCE VCA Animal HospitalsUL Monroe at Georgia Tech — ACCNX Southern at Texas — SECN+ The Associated Press created this story using technology provided by Data Skrive TV listings provided by LiveSportsOnTV .
SEOUL, South Korea (AP) — A jetliner skidded off a runway, slammed into a concrete fence and burst into flames Sunday in South Korea after its landing gear apparently failed to deploy. All but two of the 181 people aboard were killed in one of the country’s worst aviation disasters, officials said. The 737-800 operated by Jeju Air plane arrived from Bangkok and crashed while attempting to land in the town of Muan, about 290 kilometers (180 miles) south of Seoul. Footage of the crash aired by South Korean television channels showed the plane skidding across the airstrip at high speed, evidently with its landing gear still closed, and slamming into the wall, triggering an explosion and generating plumes of thick, black smoke. The crash killed 179 people, the South Korean fire agency said. Emergency workers pulled two crew members, to safety. They were conscious and did not appear to have any life-threatening injuries, health officials said. Lee Jeong-hyeon, chief of the Muan fire station, told a televised briefing that the plane was completely destroyed, with only the tail assembly still recognizable in the wreckage. Officials were investigating the cause of the crash, including whether the aircraft was struck by birds, Lee said. The control tower issued a warning about birds to the plane shortly before it intended to land and gave the crew permission to land in a different area, ministry officials said. The crew sent out a distress signal shortly before the crash, officials said. Senior Transport Ministry official Joo Jong-wan said workers retrieved the jet's flight data and cockpit voice recorders. He said it may take months for investigators to complete their probe. The runway at the Muan airport will be closed until Jan. 1, the ministry said. Video of the crash indicated that the pilots did not deploy flaps or slats to slow the aircraft, suggesting a possible hydraulic failure, and they did not manually lower the landing gear, suggesting they did not have time, said John Cox, a retired airline pilot and CEO of Safety Operating Systems in St. Petersburg, Florida. Despite that, the jetliner was under control and traveling in a straight line, and damage and injuries likely would have been minimized if not for a barrier being placed so close to the runway, Cox said. Another aviation expert said videos showed the aircraft had used up much of the runway before touching down. With little braking ability, the aircraft skidded atop its engine cowlings, said Ross “Rusty” Aimer, CEO of Aero Consulting Experts. “It's basically like skidding on ice,” he said. The Boeing 737-800 is a "proven airplane" that belongs to a different class of aircraft than the Boeing 737 Max jetliner that was linked to fatal crashes in 2018 and 2019, added Alan Price, a former chief pilot at Delta Air Lines and now a consultant. More than 4,500 of the planes are in service around the world, according to the aviation analytics company Cirium. One of the survivors was being treated for fractures to his ribs, shoulder blade and upper spine, said Ju Woong, director of the Ewha Womans University Seoul Hospital. Ju said the man, whose name was not released, told doctors he “woke up to find (himself) rescued.” Details on the other survivor were not immediately available. The passengers were predominantly South Korean and included two people from Thailand. Officials identified 88 of them in the hours after the crash, the fire agency said. Thailand’s prime minister, Paetongtarn Shinawatra, expressed condolences to the families of those aboard the plane in a post on X. Paetongtarn said she ordered the Ministry of Foreign Affairs to provide assistance. Boonchuay Duangmanee, the father of a Thai passenger, told The Associated Press that his daughter, Jongluk, had been working in a factory in South Korea for several years and returned to Thailand to visit her family. "I never thought that this would be the last time we would see each other forever,” he said. Kerati Kijmanawat, the director of Thailand's airports, confirmed in a statement that Jeju Air flight 7C 2216 departed from Suvarnabhumi Airport with no reports of anything abnormal aboard the aircraft or on the runway. Jeju Air in a statement expressed its “deep apology” over the crash and said it will do its “utmost to manage the aftermath of the accident.” In a televised news conference, the company's president, Kim E-bae, bowed deeply with other senior company officials as he apologized to bereaved families and said he feels “full responsibility” for the crash. He said the company had not identified any mechanical problems with the aircraft following regular checkups and that he would wait for the results of government investigations. Family members wailed as officials announced the names of some victims at a lounge in the Muan airport. Boeing said in a statement on X that it was in contact with Jeju Air and was ready to support the company in dealing with the crash. The crash happened as South Korea is embroiled in a political crisis triggered by President Yoon Suk Yeol’s stunning imposition of martial law and ensuing impeachment . South Korean lawmakers on Friday impeached acting President Han Duck-soo and suspended his duties, leading Deputy Prime Minister Choi Sang-mok to take over. Choi, who traveled to the site in Muan, called for officials to use all available resources to identify the dead as soon as possible. The government declared Muan a special disaster zone and designated a weeklong national mourning period. Yoon’s office said his chief secretary, Chung Jin-suk, presided over an emergency meeting between senior presidential staff to discuss the crash and reported the details to Choi. Yoon expressed condolences to the victims in a Facebook post. In Rome’s St. Peter’s Square, Pope Francis said he joined in “prayer for the survivors and the dead.” The Muan crash is one of the deadliest disasters in South Korea’s aviation history. The last time South Korea suffered a large-scale air disaster was in 1997, when a Korean Airline plane crashed in Guam, killing 228 people on board. In 2013, an Asiana Airlines plane crash-landed in San Francisco, killing three and injuring about 200. Sunday’s accident was also one of the worst landing disasters since a July 2007 crash that killed all 187 people on board and 12 others on the ground when an Airbus A320 slid off a slick airstrip in Sao Paulo, Brazil, and hit a nearby building, according to data compiled by the Flight Safety Foundation, a nonprofit group aimed at improving air safety. In 2010, 158 people died when an Air India Express aircraft overshot a runway in Mangalore, India, and plummeted into a gorge before erupting into flames, according to the safety foundation. Associated Press journalists David Sharp in Portland, Maine; Paul Wiseman in Washington; Bobby Caina Calvan in New York; Chalida Ekvitthayavechnukul and Jintamas Saksornchai in Bangkok; Mari Yamaguchi in Tokyo; and Giada Zampano in Rome contributed to this report.BuffZone writer Pat Rooney discusses three topics on CU Buffs athletics as the football team awaits its bowl fate, while both basketball teams settle in at home ... with a rivalry battle on deck for the CU men. The first regular season with a 12-team College Football Playoff as the final destination was a resounding success. In terms of having more games matter in the waning weeks of November, the plan worked wonderfully. Look how many final-week games carried huge postseason implications. Syracuse knocked Miami out of the ACC title game. Michigan did the same to Ohio State in the Big Ten. Even Notre Dame, without a conference title to play for, needed to hold off USC for a road result that could’ve otherwise sent the Irish packing from the 12-team field (or at least relegated them to a road game). The parity across the Big 12 has thinned the odds of two teams getting into the CFP. But it made the race for the two spots in the conference championship game, with an automatic tourney berth for the winner, a dramatic chase until literally the last few minutes of the league’s very last regular season game. One of the primary allures of the NCAA Tournament in basketball is how just about every team has a fighting chance to advance, beginning with the conference tournaments. The new-look CFP hasn’t quite duplicated that, but it’s much closer than it used to be. Many more teams had something to play for — or could play a legitimate spoiler role, like Syracuse and Michigan — in the final week of the regular season. Neither Miami nor Ohio State are eliminated just yet; but their national championship odds grew much longer. The highlight of the nonconference home slate arrives this week with the hoops version of the Rocky Mountain Showdown, as Colorado State visits the CU men’s basketball team on Saturday night (6 p.m., ESPN+). The Rams won an epic battle last year in Fort Collins between teams that eventually reached the NCAA Tournament, jumping to a big lead before holding off a CU rally sparked by KJ Simpson and Cody Williams. After losing star power on both sides of the rivalry, the teams profile similarly at this stage of the season with new-look rosters attempting to remain competitive around key holdovers. For the Rams, one of those holdovers is former Buff Nique Clifford, who will make his competitive return to the Events Center. Like CU’s win last week against UConn, the Rams are coming off one of their best performances of the season, defeating TCU in overtime behind a big game from Clifford. A starter for CU the bulk of two seasons (2021-22 and 2022-23), Clifford surpassed the 1,000-point mark in his career while recording 25 points, 12 rebounds, six assists and three blocked shots against TCU. CSU (4-3) hosts Loyola Marymount on Wednesday before visiting Boulder. It’s been said plenty, but deserves another round: Travis Hunter not being included among the Thorpe Award finalists as the nation’s top defensive back is a travesty. Hunter certainly won’t go hungry during awards season. CU’s two-way star is a finalist for the Biletnikoff Award (top receiver), the Bednarik Award (top defensive player) and the Lott Impact Award (most impactful defensive player). How can someone be up for a top overall defensive player award and the most impactful award without being considered among the best at his position group? Good question. Hunter is expected to land his second consecutive Hornung Award as the nation’s most versatile player. And, of course, he’s a leading candidate for the granddaddy of them all, the Heisman Trophy. It was a puzzling omission from the Thorpe, but Hunter’s name is all but certain to be prominent among the forthcoming All-American teams.
NoneGary Yeowell What I have learned is that, often, successful investing means going against popular opinion. This is not always true, but it is true more often than it isn't. A good example of this can be seen by looking at my rating history when it comes Crude Value Insights offers you an investing service and community focused on oil and natural gas. We focus on cash flow and the companies that generate it, leading to value and growth prospects with real potential. Subscribers get to use a 50+ stock model account, in-depth cash flow analyses of E&P firms, and live chat discussion of the sector. Sign up today for your two-week free trial and get a new lease on oil & gas! Daniel is an avid and active professional investor. Crude Value Insights Learn more Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
Imagine you and a few friends are winding down, relaxing around a campfire outside your homes. Sounds peaceful, right? I’m sure many of us have probably experienced something similar. But for some people, this is their reality: Cops pull up and tell everyone to disperse or else they will be searched or possibly arrested. This is the truth behind broken-windows policing. Broken windows is an antiquated type of discretionary policing that legally allows for the disproportionate discrimination and criminalization of minorities, specifically African Americans and the poor. This method should be completely put to rest as scholars have proved that it does not achieve its intended purpose, further marginalizes minorities and is unfruitful for all parties involved. Broken-windows policing was first proposed in 1982 by George Kelling and James Wilson as a solution to prevent serious crime by cracking down on minor crimes and maintaining order. With this tactic comes the discretionary process of deciding what “order” looks like, creating a space to push racialized agendas. With this type of discretionary policing, we can understand how we’ve seen a 700% increase in incarceration from 1972 to 2009, as the Sentencing Project has . It’s not to say that broken-window policing is the primary suspect for this exponential increase, but it is part of a cornucopia of practices like it that comprise what we call our criminal justice system. This policing method led to the implementation of “stop and frisk” searches, which only created further animosity and fractured the bond of trust between the community and law enforcement. Engendering distrust and a weary attitude toward police only leads to more violent crime. The Sentencing Project that in 1970, 30% of prisoners were convicted for a violent crime; in 2022 that percentage rose to 63%. Although broken windows is presented as a way to crack down on crime, and maintain order, it has only further exacerbated the issue. Historically, broken-windows policing has deepened the marginalization of already disadvantaged communities by enabling law enforcement to disproportionately target people of color and those from lower socioeconomic backgrounds. This approach, which grants police broad discretion to patrol, search and arrest individuals in these communities, raises important questions about its fairness: If minor crimes and disorder are prevalent across all neighborhoods, why is this policing strategy predominantly applied to minority areas? Furthermore, broken-windows policing can be linked to the historical legacy of the Black Codes — laws implemented following the abolition of slavery that systematically restricted the rights and freedoms of African Americans, particularly with regard to their mobility and autonomy. In cities like Baltimore, broken-windows policing has led to the criminalization of behaviors such as “strolling while poor” or “driving while Black.” Not only do these practices reflect the same racial biases embedded within the Black Codes, but they perpetuate a contemporary system of racial control that contributes to what activist Michelle Alexander calls the “New Jim Crow” within the criminal justice system. Broken-windows policing is not just costly for the millions of minorities it affects every year but economically and practically harmful to society at large. This approach to crime erodes trust between law enforcement and communities, requiring additional resources and manpower to manage the increased volume of arrests, paperwork, judicial proceedings and corrections staff. Incarcerating one individual in Maryland costs approximately $14,000 annually, according to . Given the unnecessary arrests driven by broken-windows policing, the financial burden on taxpayers is substantial. This method is both impractical and costly, rendering its continued use indefensible. Eliminating this biased, discretionary, unethical and unproductive policing practice would bring us one step closer to reforming the many backward aspects of America’s criminal justice system. Although advocates for broken windows may argue that it improves the quality of the community and creates a safer space, it has historically and statistically proved that it fails to accomplish those aims. So, the next time you engage in a casual mundane activity, such as a bonfire, in your community — think about how that same practice may be criminalized for someone else.
DORAL, Fla.--(BUSINESS WIRE)--Dec 23, 2024-- NeueHealth, Inc. (“NeueHealth” or the “Company”) (NYSE: NEUE), the value-driven healthcare company, today announced that it has entered into a definitive merger agreement pursuant to which the Company will be acquired by an affiliate of New Enterprise Associates (“NEA”) at an enterprise value of approximately $1.3 billion. Upon completion of the transaction, NeueHealth will become a privately held company with the flexibility and resources to continue advancing its value-driven, consumer-centric care model. Under the terms of the merger agreement, holders of NeueHealth common stock (other than shares that will be rolled over and certain excluded shares) will receive $7.33 per share in cash, which represents a premium of approximately 70% over the closing price of NeueHealth common stock on December 23, 2024. Certain stockholders of NeueHeath, including NEA and 12 existing NeueHealth investors (which collectively hold all of the outstanding shares of NeueHealth preferred stock), have entered into rollover agreements pursuant to which such stockholders will continue their investments by exchanging their shares of NeueHealth common stock and/or preferred stock for newly issued equity interests in the privately held company, and the Company’s existing secured loan facility with Hercules Capital, Inc. will remain in place. NeueHealth’s executive leadership team will continue in their roles upon completion of the transaction and intends to roll over 100% of their equity interests for newly issued equity interests in the privately held company. “We are pleased to announce this transaction as we believe it places NeueHealth in a strong position for continued growth while maximizing value for all of NeueHealth’s public stockholders,” said Mike Mikan, President and CEO of NeueHealth. “NEA has been a longstanding strategic partner, and we look forward to continuing to work together to build on NeueHealth’s success as a leader in value-based care.” “We believe NeueHealth has built a differentiated model of care that is uniquely positioned to drive value for consumers, providers, and payors and we have confidence in the NeueHealth team and their ability to continue to lead the Company,” said Mohamad Makhzoumi, Co-CEO of NEA. “We have had a strong partnership with NeueHealth since 2016 and share the Company’s commitment to making high-quality healthcare accessible and affordable for all Americans.” Transaction Details A special committee (the “Special Committee”) of the board of directors of NeueHealth (the “Board”), composed entirely of independent and disinterested directors and advised by its own independent legal and financial advisors, unanimously recommended that the Board approve the transaction and determined it was in the best interests of the Company and its stockholders that are not affiliated with NEA. Acting upon the recommendation of the Special Committee, the Board subsequently unanimously approved the transaction and determined to recommend that NeueHealth stockholders vote to approve and adopt the merger agreement. Certain NeueHealth stockholders have agreed to vote all of their shares of NeueHealth common stock and/or preferred stock to approve and adopt the merger agreement, subject to certain conditions. The merger is subject to approval by NeueHealth’s stockholders and other customary closing conditions, including receipt of certain regulatory approvals. NEA intends to finance the transaction with fully committed equity financing, and the transaction is not subject to any financing condition. Upon completion of the transaction, NeueHealth’s common stock will no longer be publicly traded or listed on any public market. The merger agreement includes a 30-day “go-shop” period that will expire at 12:01 AM New York City time on January 23, 2025, which permits the Special Committee and its financial advisors to solicit and consider alternative acquisition proposals. There can be no assurance that this process will result in a superior proposal, and NeueHealth does not intend to disclose developments with respect to the “go-shop” process unless and until it determines such disclosure is appropriate or is otherwise required. Lincoln International, LLC is acting as financial advisor, and Richards, Layton & Finger, P.A. is acting as legal counsel, to the Special Committee. Simpson Thacher & Bartlett LLP is acting as legal counsel to NeueHealth. Latham and Watkins LLP is acting as legal counsel to NEA, with Sidley Austin LLP acting as insurance regulatory counsel to NEA. More information regarding the key terms will be included in a current report on Form 8-K to be filed by NeueHealth with the Securities and Exchange Commission (the “SEC”). Important Information and Where to Find It In connection with the transaction, the Company will file with the SEC a proxy statement on Schedule 14A (the “Proxy Statement”), the definitive version of which will be sent or provided to Company stockholders. The Company, affiliates of the Company and affiliates of NEA intend to jointly file a transaction statement on Schedule 13E-3 (the "Schedule 13E-3") with the SEC. The Company may also file other documents with the SEC regarding the transaction. This release is not a substitute for the Proxy Statement, the Schedule 13E-3 or any other document which the Company may file with the SEC. INVESTORS AND SECURITY HOLDERS ARE URGED TO READ THE PROXY STATEMENT, THE SCHEDULE 13E-3 AND ANY OTHER RELEVANT DOCUMENTS THAT ARE FILED OR WILL BE FILED WITH THE SEC, AS WELL AS ANY AMENDMENTS OR SUPPLEMENTS TO THESE DOCUMENTS, CAREFULLY AND IN THEIR ENTIRETY BEFORE MAKING ANY VOTING OR INVESTMENT DECISION WITH RESPECT TO THE COMPANY OR THE TRANSACTION BECAUSE THESE DOCUMENTS CONTAIN OR WILL CONTAIN IMPORTANT INFORMATION ABOUT THE TRANSACTION AND RELATED MATTERS. Investors and security holders may obtain free copies of the Proxy Statement, the Schedule 13E-3 and other documents that are filed or will be filed with the SEC by the Company, when such documents become available, through the website maintained by the SEC at www.sec.gov or through the Company's website at https://investors.neuehealth.com/home/default.aspx . The transaction will be implemented solely pursuant to the Agreement and Plan of Merger, dated as of December 23, 2024 (the “merger agreement”), among the Company, NH Holdings 2025, Inc. and NH Holdings Acquisition 2025, Inc., which contains the full terms and conditions of the transaction. Participants in the Solicitation The Company and certain of its directors, executive officers and employees may be deemed to be participants in the solicitation of proxies from stockholders of the Company in connection with the proposed transaction. Information regarding the Company’s directors and executive officers is available in the definitive proxy statement for the 2024 annual meeting of stockholders of the Company, which was filed by the Company with the SEC on April 1, 2024 (the “Annual Meeting Proxy Statement”), and will be available in the Proxy Statement. Please refer to the sections captioned “Executive Compensation,” “Director Compensation,” and “Security Ownership of Certain Beneficial Owners and Management” in the Annual Meeting Proxy Statement. Holdings of the Company’s securities by certain of the Company’s employees, and any changes in the holdings of the Company’s securities by the Company’s directors or executive officers from the amounts described in the Annual Meeting Proxy Statement, have been reflected in the following Statements of Change in Ownership on Form 4 filed with the SEC: Form 4, filed by George Lawrence Mikan III on May 6, 2024; Form 4, filed by Jay Matushak on May 6, 2024; Form 4, filed Tomas Orozco on May 6, 2024; Form 4, filed by Jeffery Michael Craig on May 6, 2024; Form 4, filed by Jeffrey J. Scherman on May 6, 2024; Form 4, filed by Jay Matushak on May 13, 2024; Form 4, filed by Jeffrey J. Scherman on May 13, 2024; Form 4, filed by Kedrick D. Adkins, Jr. on May 14, 2024; Form 4, filed by Andrew M. Slavitt on May 14, 2024; Form 4, filed by Linda Gooden on May 14, 2024; Form 4, filed by Mohamad Makhzoumi on May 14, 2024; Form 4, filed by Robert J. Sheehy on May 14, 2024; Form 4, filed by Matthew G. Manders on May 14, 2024; Form 4, filed by Stephen Kraus on May 14, 2024; Form 4, filed by Manuel Kadre on May 14, 2024; Form 4, filed by Jeffrey R. Immelt on May 14, 2024; Form 4, filed by Mohamad Makhzoumi on October 3, 2024; Form 4, filed by Jay Matushak on October 8, 2024; Form 4, filed by George Lawrence Mikan III on December 18, 2024. Other information regarding the participants in the proxy solicitation and a description of their direct and indirect interests, by security holdings or otherwise, will be contained in the Proxy Statement and other relevant materials to be filed with the SEC in connection with the proposed transaction when they become available. Free copies of the Proxy Statement and such other materials may be obtained as described in the preceding paragraph. About NeueHealth NeueHealth is a value-driven healthcare company grounded in the belief that all health consumers are entitled to high-quality, coordinated care. By uniquely aligning the interests of health consumers, providers, and payors, NeueHealth helps to make healthcare accessible and affordable to all populations across the ACA Marketplace, Medicare, and Medicaid. NeueHealth delivers high-quality clinical care to over 500,000 health consumers through owned clinics and unique partnerships with over 3,000 affiliated providers. We also enable independent providers and medical groups to thrive in performance-based arrangements through a suite of technology and services scaled centrally and deployed locally. We believe our value-driven, consumer-centric care model can transform the healthcare experience and maximize value across the healthcare system. For more information, visit: www.neuehealth.com . About NEA New Enterprise Associates (NEA) is a global venture capital firm focused on helping entrepreneurs build transformational businesses across multiple stages, sectors and geographies. Founded in 1977, NEA has more than $25 billion in assets under management as of June 30, 2024 and invests in technology and healthcare companies at all stages in a company’s lifecycle, from seed stage through IPO. The firm's long track record of investing includes more than 280 portfolio company IPOs and more than 465 mergers and acquisitions. For more information, please visit www.nea.com . Forward-Looking Statements This release contains certain “forward-looking statements” within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. Statements made in this release that are not statements of historical fact, including statements about our beliefs and expectations, are forward-looking statements and should be evaluated as such. Forward-looking statements include information concerning possible or assumed future results of operations, including descriptions of our business plan and strategies, and statements as to the expected timing, completion and effects of the transaction. These statements often include words such as “anticipate,” “expect,” “plan,” “believe,” “intend,” “project,” “forecast,” “estimates,” “projections,” “outlook,” “ensure,” and other similar expressions. These forward-looking statements include any statements regarding our plans, expectations and financial guidance. Such forward-looking statements are subject to various risks, uncertainties and assumptions. Accordingly, there are or will be important factors that could cause actual outcomes or results to differ materially from those indicated in these statements. Factors that might materially affect such forward-looking statements include: the failure to complete the transaction on the anticipated terms and within the anticipated timeframe, including as a result of failure to obtain required stockholder or regulatory approvals or to satisfy other closing conditions; potential litigation relating to the transaction that could be instituted against NEA, the Company or their respective affiliates, directors, managers, officers or employees, and the effects of any outcomes related thereto; potential adverse reactions or changes to our business relationships or operating results resulting from the announcement, pendency or completion of the transaction; the risk that our stock price may decline significantly if the transaction is not consummated; certain restrictions during the pendency of the transaction that may impact our ability to pursue certain business opportunities or strategic transactions; costs associated with the transaction, which may be significant; the occurrence of events, changes or other circumstances that could give rise to the termination of the merger agreement, including in circumstances requiring us to pay a termination fee; our ability to continue as a going concern; our ability to comply with the terms of our credit facilities or any credit facility into which we enter in the future; our ability to receive the remaining proceeds from the sale of our Medicare Advantage business in California in a timely manner; our ability to obtain any short or long term debt or equity financing needed to operate our business; our ability to quickly and efficiently complete the wind down of our remaining Individual and Family Plan (“IFP”) and MA businesses, including by satisfying liabilities of those businesses when due and payable; potential disruptions to our business due to the transaction or due to corporate restructuring and any resulting headcount reduction; our ability to accurately estimate and effectively manage the costs relating to changes in our business offerings and models; a delay or inability to withdraw regulated capital from our subsidiaries; a lack of acceptance or slow adoption of our business model; our ability to retain existing consumers and expand consumer enrollment; our and our care partner’s abilities to obtain and accurately assess, code, and report risk adjustment factor scores; our ability to contract with care providers and arrange for the provision of quality care; our ability to obtain claims information timely and accurately; the impact of any pandemic or epidemic on our business and results of operations; the risks associated with our reliance on third-party providers to operate our business; the impact of modifications or changes to the U.S. health insurance markets; our ability to manage any growth of our business; our ability to operate, update or implement our technology platform and other information technology systems; our ability to retain key executives; our ability to successfully pursue acquisitions, integrate acquired businesses, and quickly and efficiently divest businesses as needed; the occurrence of severe weather events, catastrophic health events, natural or man-made disasters, and social and political conditions or civil unrest; our ability to prevent and contain data security incidents and the impact of data security incidents on our members, patients, employees and financial results; our ability to comply with requirements to maintain effective internal controls; our ability to adapt to mitigate risks associated with our ACO businesses, including any unanticipated market or regulatory developments; and the other factors set forth under the heading “Risk Factors” in the Company’s reports on Form 10-K, Form 10-Q, and Form 8-K (including all amendments to those reports) and our other filings with the SEC. Except as required by law, we undertake no obligation to update publicly any forward-looking statements for any reason after the date of this release to conform these statements to actual results or changes in our expectations. View source version on businesswire.com : https://www.businesswire.com/news/home/20241223595862/en/ CONTACT: Investor Contact: IR@neuehealth.comMedia Contact: media@neuehealth.com KEYWORD: FLORIDA UNITED STATES NORTH AMERICA INDUSTRY KEYWORD: PRACTICE MANAGEMENT PROFESSIONAL SERVICES MANAGED CARE HEALTH GENERAL HEALTH HEALTH TECHNOLOGY HEALTH INSURANCE HOSPITALS INSURANCE TELEMEDICINE/VIRTUAL MEDICINE FINANCE SOURCE: NeueHealth Copyright Business Wire 2024. PUB: 12/23/2024 05:53 PM/DISC: 12/23/2024 05:53 PM http://www.businesswire.com/news/home/20241223595862/en
