Business Briefs

Baptist Health Foundation Elects New Board Members

Andy Powell

Sue Stoute Tamme

The Baptist Health Foundation of Greater Louisville recently elected two new board members to four-year terms. “We are thrilled to add the talents of Andy Powell and Sue Stout Tamme to our Foundation Board of Directors,” said Mary Michael Corbett, executive director of the Baptist Health Foundation of Greater Louisville.

Powell has been with Republic Bank for 19 years in various capacities and currently serves as the executive vice president and chief lending officer for the bank. His responsibilities include the overall lending and depository platform for the bank, management of the outer market franchises, management of some operational areas and special assets/collections and strategic direction. He began his banking career with First National Bank of Louisville, which became National City and then PNC. He has served on the board for the Metro United Way and the Kentucky Science Center. A Louisville native, he has a graduate degree from the University of Kentucky and a master’s degree from Bellarmine

Tamme served as the president of the Louisville market for Baptist Health System from 2011 to 2014 and as president and chief executive officer of Baptist Hospital East (now Baptist Health Louisville) from 1995 until 2011. She began her career at Kentucky Baptist Hospital as a staff nurse. She is currently a member of the board of directors of Baptist Health Medical Group. She holds an associate degree in nursing from Eastern Kentucky University, a bachelor of science degree in nursing from the University of Louisville and a master of science degree in health systems administration, also from the University of Louisville.

Old Forester Distilling Co. Returns to Whiskey Row this Summer

Following a ceremonial opening on National Bourbon Day, June 14, 2018, Old Forester Distilling Co., located at 119 W. Main St., will make its long-awaited return to Louisville’s historic Whiskey Row, open to the public for tours and tastings. Advance tickets are now available for purchase at OldForester.com.

The $45 million, 70,000 square foot distillery will guide guests through the bourbon making process from fermentation and distillation, to the barrel-making, aging and bottling of America’s First Bottled Bourbon™. It’s the only downtown distillery with a fully-operational cooperage. Old Forester Distilling Co. will join 10 other distilleries as an official member of the Kentucky Bourbon Trail® tour.

The distillery will be open weekly Tuesday through Saturday, 10 a.m. to 6 p.m. The tour and tasting will be offered at $16. The distillery will offer extended hours throughout opening weekend; full tour details are available at OldForester.com.

Additionally, tickets are now on sale for A Toast to Whiskey Row, set for Friday, July 15, giving guests the opportunity to be among the first to experience Old Forester Distilling Co. The event includes cocktails, hors d’oeuvres, live entertainment, a progressive tasting of special Old Forester offerings, bottle engravings and signings and Q&A with Old Forester President Campbell Brown and Jackie Zykan, master taster. Tickets for the event are limited and available for $150 per person at OldForester.com. This event is open to guests 21+.

Venture Connectors announces 2018 Venture Sharks winner

Venture Connectors has named Innovative Therapeutix Inc. the winner of its ninth annual Venture Sharks™ business competition. Innovative Therapeutix is the developer of LullaFeed, a feeding device for infants that uses music reinforcement. The final round of competition was held May 2, where five entrepreneurs seeking funding for their business plans faced off with a panel of savvy investor sharks fishing for the next great deal.

The others finalists were: Desicorp, developer of a dried blood transfusion unit; MyNurse, a mobile platform that enables patients and families to easily find a caregiver in real time by geolocation; Parasite ID LLC, developer of Lice Detector, a test strip for lice; and Agent Ally, winner of the 2018 Startup Weekend, which is working on a plan to streamline Medicare software.

For the second year, the audience was invited to choose their favorite finalist via text voting at the finals. Innovative Therapeutix also took home audience favorite award and received $695 raised (minus processing fees) via an audience participation crowdfunding campaign.

Louisville Woman Makes History At Hole In One Golf Contest

Jessica Grainger with her son and KDF Board Members.

A Louisville woman became the first female to ever get closest to winning the Stock Yards Bank Derby Festival $1 Million Dollar Hole-In-One Golf Contest. Jessica Grainger came closest to the pin on May 1 at Seneca Golf Course, hitting her tee shot 9 feet 2 ¼ inches from the cup. She won the $5,000 first prize.

This was the first time Grainger has qualified for the finals. “I can’t believe it! Usually, I’m cheering my husband on in the finals and this year it was me.” Grainger also won the Long Drive Competition in the women’s division.

It was a beautiful night for the finals competition at Seneca as a crowd gathered to watch the 56 finalists. Any golfer who made a hole-in-one during the qualifying rounds automatically qualified for the finals and a shot at the $1 million. Any amateur player was eligible to enter. Everyone from scratch golfers to duffers took a swing at qualifying. This was the 29th year for the golf competition. No one has been able to ace Hole #8 at Seneca Golf Course yet.

The preliminaries were held at the Seneca Golf Course Driving Range. The contest started April 19 and ran through April 29. Each shot was only $1, with special prices available for more than one shot.

Stock Yards Bank was the title sponsor of the event. Contributing sponsor was Louisville Parks & Recreation, joining media sponsors WLKY TV, 840WHAS and Insider Louisville.

Hardin Memorial Health And Baptist Health Are Entering Into $361.4 Million Asset Purchase Agreement

Hardin Memorial Hospital (HMH) and Baptist Health recently announced they are entering into a $361.4 million asset purchase agreement through which Baptist Health would acquire HMH, subject to a vote of the HMH Board of Trustees and appropriate regulatory approvals.

The HMH Board will vote on the asset purchase agreement at its May 22 Fiscal Court meeting. The Baptist Health Board of Directors approved the agreement at a special-called meeting on Tuesday, May 1. The final step in the process will be finalizing the sale, expected to occur Dec. 1, 2018.

Hardin County is the hospital’s owner. Baptist Health has managed the 300-bed facility and system for the past 20 years.

After the acquisition is finalized on Dec. 1, the hospital system will be known as Baptist Health Hardin, in keeping with Baptist Health’s tradition of linking the hospital name with its geographic location.

Under the terms of the asset purchase agreement, which follows a two-year long HMH process of exploring potential affiliations, Baptist Health would acquire all assets of HMH and in return would commit $235 million over a 10-year period to HMH in operating and capital investments and $126.4 million to Hardin County over a 25-year period.

Prospect Area Chamber of Commerce Hosts “What If….” Eighth Annual Strong Leadership Strong Women

Strong Leadership Strong Women 2018 will be held on Friday, May 18 from 8 a.m. to 2 p.m. and will focus on a question everyone has faced – “What If?” In its eighth year, this conference celebrates the unique accomplishments of women of all ages and life stages.

Speakers include Jasmine Sanchez, Intrigue HQ; Dr. Gay Masters, UofL professor and mom to gold medal Paralympian Oksana Masters; Dr. Sandra Graves, therapist; Amanda Brennamen, columnist of The Brennamen Report for the Cincinnati Reds; and Kyra Elzy, assistant head women’s basketball coach at the University of Kentucky.

Each speaker has their own “What if?” story to tell, both professionally and personally. Following lunch, the “Strong Woman Leader Award” will be given. The cost to attend the Friday conference is $35 and includes a light breakfast, mimosa break, delicious lunch and door prizes.

The event will be held at Drury Inn & Suites Louisville North, 9597 Brownsboro Road. Louisville, KY 40241. All are welcome, including men! Seating is limited.

Sponsors for this event include title sponsor Exceptional Senior Living. Session sponsors include State Farm Jennifer Brown; Park Community Credit Union; Magnolia Springs East, Eventualities, Inc. and Drury Inn & Suites Louisville North. Other sponsors include Intrigue HQ, The Louisville Chocolate Fountain, Costco Wholesale and Ladyfinger’s Catering. The Grand Senior Living is sponsoring the Strong Woman Leader Award.

For more info on “What if?”, please go to www.ProspectAreaChamber.org or Strong Leadership Strong Women 2018 on Facebook, call the chamber office at 502.228.7493 or email kathy@prospectareachamber.org