Four Corners Business Briefs: SJRMC wins awards, DJR Energy may buy oil wells
FARMINGTON — The San Juan Regional Medical Center recently won two awards for quality care and service, the hospital announced in a press release Friday.
SJRMC was one of three New Mexico hospitals to capture the Quest for Excellence Award, the New Mexico Hospital Association’s top quality and performance improvement honor.
SJRMC also awarded the 2018 Hospital Innovation Improvement Award, “a multi-year initiative that aims to ensure better care for individuals throughout the state,” the release states.
The awards were presented recently during the New Mexico Hospital Association meeting in Albuquerque.
The Quest for Excellence Award was given for work conducted between August 2017 and August 2018 on a project aimed at preventing surgical site infections
“Risks for surgical site infections are extensive and varied. Our multi-disciplinary group made a focused effort to review the available literature and develop a scientific approach to decreasing infections after elective colon surgery,” said surgeon Melania Yeats.
Hospital professionals from many areas worked together to analyze and streamline their processes, and increased patient education to help them avoid infections.
“Our Colon Surgery Protocol involves the patient, their families, and the professionals who care for them before, during, and after surgery,” Yeats said. “Individual surgeons have worked for years to decrease infections after colon surgery; this project made it clear that a team approach and organizational commitment is needed to for measurable and sustainable improvement.”
“We are very pleased the collaborative work performed on this process has resulted in such improved outcomes for our patients,” said perioperative services program director Starla Barela.
“We are in a constant pursuit of improving our organization and programs like HIIN engage hospital leadership and clinicians at all levels to build on successes and spread best practices. Our staff played a critical role in implementing and sustaining important quality measures that ultimately benefit our patients and our community,” said Dr. Robert M. Underwood, chief medical officer.
Team members included Melania Yeats, M.D; Dwayne Gibbs, M.D.; Starla Barela; Penny Hill; April Stovall; Christen Sandefer; Julie Branch; Coty Sewell; Heather Richmond; Karon Lyon; Jared Fuller, DO; Melissa Hartwig; Karen Huxley; Danette Nunez; Cheryl Cothern; Lucia Naranjo, Deb Brown and Michelle Nakai-Gale.
Denver company purchasing area oil wells for $480M
DURANGO, Colo. — A Denver-based company is set to purchase 90 northern New Mexico oil wells for $480 million.
The Durango Herald reports Encana Corp. announced Monday that it agreed to sell 90 horizontal oil wells in the San Juan Basin that use hydraulic fracturing to DJR Energy.
DJR Energy chief financial officer Jeff King says horizontal wells that use fracking are much more productive than older vertical wells.
DJR Energy also operates 800 vertical oil wells mostly in the south rim of the San Juan Basin in New Mexico.
DJR is a private exploration and production oil and natural gas company formed in 2017 by a former Exxon Mobil Corp. executive.
King says DJR will likely add nine Encana employees to its Aztec field staff.
The transaction is expected to close in the fourth quarter of 2018.
— The Associated Press
One month left to seek SBA disaster loans
SACRAMENTO, Calif. – Small nonfarm businesses here in San Juan County and several other counties in Arizona, California, Colorado, New Mexico, Nevada and Utah have until Nov. 8, 2018 to seek an SBA federal disaster loan for economic injury due to drought.
“These low-interest loans are to offset economic losses because of reduced revenues caused by drought in the following primary counties that began Jan. 1, 2018,” the SBA said in a press release Friday.
Eligible New Mexico counties are Catron, Cibola, Grant, Hidalgo, McKinley and San Juan. Montezuma County in Colorado is also included.
“SBA eligibility covers both the economic impacts on businesses dependent on farmers and ranchers that have suffered agricultural production losses caused by the disaster and businesses directly impacted by the disaster,” said director Tanya N. Garfield of the U.S. Small Business Administration’s Disaster Field Operations Center-West. “Economic injury assistance is available regardless of whether the applicant suffered any property damage.”
The release said that “small nonfarm businesses, small agricultural cooperatives, small businesses engaged in aquaculture and most private nonprofit organizations of any size may apply for economic injury disaster loans of up to $2 million to help meet working capital needs caused by the disaster.”
Those loans may be used to pay “fixed debts, payroll, accounts payable and other bills that cannot be paid because of the disaster’s impact,” Garfield said.
SBA only makes economic injury disaster loans available when the U.S. secretary of aqgriculture designates an agricultural disaster. That happened on March 8. Farming and ranching businesses are not eligible for this program. SBA said those businesses should contact the Farm Services Agency to seek U.S. Department of Agriculture assistance.
Nurseries are eligible for the SBA program.
The interest rate is 3.385 percent for businesses and 2.5 percent for private nonprofit organizations with terms up to 30 years, the release said. Loan amounts and terms, which are set by the SBA, are based on each applicant’s financial condition, the release said.
Applicants may apply online, receive additional disaster assistance information and download applications at https://disasterloan.sba.gov/ela or call 800-659-2955, or email email@example.com for more information.