Originally created 06/27/04

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EMPLOYER SPOTLIGHT

UNIVERSITY HEALTH CARE SYSTEM

HEADQUARTERS: 1350 Walton Way

OPERATIONS: Health care facilities in a 22-county area, the largest of which is the 551-bed University Hospital in Augusta

CHIEF EXECUTIVE: J. Larry Read

EMPLOYEES: About 2,700

ECONOMIC IMPACT: More than $264 million in direct expenditures; Georgia Hospital Association, which include multipliers, estimate a total annual impact exceeding $793 million.

HISTORY: University traces its roots to a 10-bed hospital built in 1818 in the 100 block of Greene Street to serve Augusta's poor. The facility was consolidated with others and eventually replaced in 1915 with University Hospital, so named because of its clinical association with the Medical College of Georgia.

The affiliation with the college lasted until the 1950s, when MCG built its own facility, Talmadge Hospital. The Richmond County Medical Authority approved the construction of a new University Hospital building, which was completed in 1970.

RECENT NEWS: University Hospital unveiled an $84.5 million master facilities plan that will transform the hospital for the next decade. The plan includes a $2.5 million renovation to the intensive care unit and a $48.9 million cardiovascular center.

BIZ BITE

FACE OF MONEY

You've heard the recent debate on whether former President Reagan ought to grace currency, but an interesting factoid has emerged from a survey: most of us don't care whether the money features people or historical events.

Fifty-four percent said it didn't matter to them, while 37 percent said they favor people.

Forty-three percent said they had no opinion on whether the money has a president or another historical figure. Forty percent felt a president was more appropriate.

The annual currency poll is conducted by Coinstar Inc., a Bellevue, Wash.-based maker of coin-counting machines.

SCORE TIP

BUSINESS PLANNING

IF YOU WANT TO MAKE A COMMITMENT TO BEING YOUR OWN BOSS, BEGIN BY INVESTING YOUR TIME IN DEVELOPING A BUSINESS PLAN.

The Service Corps of Retired Executives, a nonprofit volunteer business-counseling organization, can provide no-cost assistance.

To learn more, call the Augusta SCORE office at 793-9998 or the Aiken SCORE office at (803) 641-1111.

TRIVIA

PIZZA DELIVERANCE

THOMAS MONAGHAN GREW UP IN AN ORPHANAGE AND foster homes and later had to drop out of college for financial reasons.

In 1960, he borrowed $900 to purchase DomiNick's, a bankrupt pizza parlor in Ypsilanti, Mich., which he operated with his brother James.

During the 1980s, the company experienced phenomenal growth based on its strategy of delivering pizza within 30 minutes.

Today the company, Domino's Pizza Inc., is the world's No. 2 pizza chain.