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Latest News

MedinexÂ’s assets up for grabs

Ex-directorÂ’s trust wants receivables, computers; new corporation formed
February 26, 1997
Addy Hatch
Four years after Medinex Systems Inc. went public in a splashy $21 million stock offering, separate offers have been made through U.S. Bankruptcy Court auctions to buy certain assets and its corporate shell for tiny fractions of that sum. The a
Read More

Rockwood Clinic opens multiple sclerosis center

New facility will compete for patients with center Holy Family opened in Â’99
February 26, 1997
Kim Crompton
Rockwood Clinic PS has opened a multiple sclerosis center in its main facility at 400 E. Fifth near downtown Spokane, says Dr. Steven Pugh, a neurologist there and the new centers medical director. The center is the second one here devoted to
Read More

SIRTI eyes business loan fund

Purchase-order financing would help young companies fill big contracts, grow
February 26, 1997
Megan Cooley
The Spokane Intercollegiate Research and Technology Institute is working on a program that would help fledgling companies fill orders larger than they have the cash flow to handle, enabling them to grow.Patrick Tam, SIRTIs executive director,
Read More

Horizon CEO credits new culture for results

Credit union overcame tough time to boost assets and capital
February 26, 1997
Addy Hatch
Horizon Credit Union has bounced backand then somefrom a difficult episode three years ago in which the Spokane Valley-based institutions board fired its president, who then sued Horizon. The 13-branch credit union used the messy to make
Read More

Reimbursement inequity said hitting Spokane hard

INHS CEO decries lower payments than East Coast, sees savings in other areas
February 26, 1997
Richard Ripley
Health-care providers here, struggling to cope with relentless cost increases, receive far lower Medicare reimbursements for the same procedures and services than their counterparts in other areas of the U.S., says Tom Fritz, CEO of Inland Health a
Read More

Taking a stand on craftsmanship

Mister Standman Music Stands
February 26, 1997
Addy Hatch
COEUR DALENEMike Norris makes music with a DeWalt scroll saw.In his tiny workshop in the forest east of here, Norris carefully guides pieces of 5/8-inch hardwood into the saws dancing blade, creating delicate patterns that belie the from
Read More

Big project mulled on Beacon Hill

Retirement complex, homes, multifamily units envisioned for 60 acres near Hillyard
February 26, 1997
Linn Parish
A group of northeast Spokane landowners is eyeing development of a mixed-use residential project with a total estimated value of roughly $50 million.As currently envisioned, the development would include a 200-unit retirement complex, 200 and a
Read More

New player lifts Summit hopes

Nitze-Stagen & Co. has gained prominence by taking on complicated urban projects
February 26, 1997
Kim Crompton
Tall shoots of wild grass, rising up through rocky soil and scattered chunks of broken concrete, bend lazily under a gentle breeze as sparrows flit around playfully just above the ground and a fat marmot scurries toward its den.Such is life on
Read More

Housing construction surges

Spokane, Kootenai county residential permits climb nearly 50 percent this year
February 26, 1997
Addy Hatch
Hold onto your hardhats, a residential building boom is on. The number of residential building permits issued in Spokane and Kootenai counties in the first 18 weeks of the year shot up 49 percentto 1,334 dwelling unitscompared with the a
Read More

Mature Matters separates from Lawton Printing

Spokane companies divide senior-directory territories that they had developed together
February 26, 1997
Kim Crompton
Mature Matters Publishing Inc., of Spokane, which produces directories of services for seniors and provides seminars on aging and elder care, has separated from Lawton Printing Inc., also of Spokane, following a four-year joint publishing endeavor,
Read More
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