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January 17, 2012
Gulfstream Business Bank Proudly Presents
The Coaches Clinic - A Clinic to Hone Speaking Skills
Course Number: 9626011 - Provider Number: 0005095 Certified for 2 CEU’s In General
Speaker: Michael G. Zawaki, Presentation Dynamics
Sponsored By: M.B.A Productions, Corp.
All Board Members will Receive Certificates for Attendance
Date: January 17, 2012, Time: 9:00 am to 11:00 am, 8:15 am registration
Place: Tradition Town Hall, 10799 SW Civic Lane, Port St. Lucie, Florida
Please RSVP to Tina M. Turner by 01/16/12, (772) 408-5943 or tturner@gsbb.com
Space is limited. All attendees must include a mailing address and email address with RSVP
Property managers must include their CAM License Number with RSVP
Refreshments will be served-Door Prizes!
February 8, 2012
Home Owner Association Seminar:
WSTU “Ask The Experts”
By: Attorney Peter Mollengarden, Rosenbaum, Mollengarden LLC, CPAs Mark Brechbill
and Ann Mehling, Mark Brechbill CPAs and LCAM Ed Kotch
Date: Wednesday, February 8, 2012, Time: 9:30 a.m. Networking 10:00 Session Begins
Place: Vista Pines Condominium Clubhouse, 2600 SE Ocean Blvd, Stuart, Florida
Please RSVP to Terry Seyffart, (772) 426-8156 or tseyffart@gsbb.com
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October 13th 2011
Gulfstream Business Bank’s First Loan Pays off
Mike McAdams, owner of Church Street Garage makes his final loan payment.
The loan was originated on May 27, 1999 and was the very first loan issued by the bank.
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Electronic Health Records
By: Mike Mitka, JAMA Vol 305. No. 14
The Government Accountability Office (GAO) is recommending that the Centers for
Medicare & Medicaid Services (CMS) fix inconsistencies in 2 incentive programs
that were designed to encourage physicians to use health information technology.
In a report released February 17, the GAO said duplications and inconsistent technology
requirements are problematic for physicians participating in the programs (http://tiny. cclobpcT). |
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The Electronic Health Records Program and the Electronic
Prescribing Program, established by Congress, provide incentive payments to eligible
Medicare physicians who adopt and use health information technology and also
mandate penalties for those who do not. The Electronic Heaith Records program provides incentives from 2011 to
2016 and begins penalizing in 2015, and it requires that physicians use systems certified to meet criteria established
by the Department of Health and Human Services. The Electronic Prescribing Program establishes incentives
from 2009 to 2013 and penalties from 2012 to 2014, and it does not require certified technology systems. Physicians
will be required to report to both programs from 2011 to 2014 when penalties for the Electronic Prescribins
Program end.
Duplications in reporting and inconsistent technology requirements imposed by the centers for Medicare & Medicaid
Services create difficulties for physicians converting paper heatth records into electronic data.
The GAO said the CMS recognizes that these duplications place additional burdens on physicians and is developing
a strategy to address the situation. |
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September 1, 2011
Gulfstream Business Bank receives funding from the Small Business Lending Fund
Gulfstream Business Bank was recently granted $7.5 million from the Small Business Lending Fund (SBLF). Enacted into law as part of the Small Business Jobs Act, SBLF is a $30 billion fund that encourages lending to small businesses by providing Tier 1 capital to highly qualified community banks with assets of less than $10 billion.
Gulfstream anticipates using the funds to continue to bolster capital levels as well as to look for opportunities to lend into its markets. As a part of the transaction the Bank also satisfied its obligation to the Treasury’s TARP fund.
ACCOUNT INFORMATION
GSBB property management and homeowner association customers can access online property payment tools from within the GSBB website. These tools allow property managers to streamline and automate their payment, collections and handling. The benefits of online property payments for property managers include: accelerated cash flow, more accurate payment reports, and lower operating expenses. The GSBB online payment service is also fully integrated with the lockbox services – thus offering a single integrated system for payment reporting.
Gulfstream Business Bank has implemented ZixCorp secure email solutions to protect our email communications. Click on the following link, http://bit.ly/eDu0Uc and select the Email Recipients tab at the top of the web page for details.
December 22, 2011
Gulfstream has a 3 ˝ star Safety
Rating (3rd Quarter 2011)
Gulfstream has a “good” rating by receiving a
3 ˝ star rating from Bauer Financial's Safety Rating based
on September 30, 2011 financial data. A complete explanation
of the rankings may be found on Bauer Financial’s website. A complete
listing of safety ratings for Palm Beach, Martin, St.
Lucie, Indian River and Okeechobee counties may be found
here (requires Adobe Acrobat
Reader).
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