A horse racing harness that was up for auction from Balmoral Park and Maywood Park racetracks. || Bernie Tafoya | Caption: CBS Chicago
Friday, May 13, 2016 || By Michael Romain
Everything was up for sale: starter cars, starting gates, restaurant equipment and even the escalators. Now, those assets, from the now-defunct Balmoral Park and Maywood Park horse racing tracks, are all sold.
They were part of an online personal property auction put on by Loeb Winternitz Industrial Auctioneers and Yellen Partners.
“Almost 1,000 bidders participated in the auctions, and the piecemeal sale generated recovery values well above pre-auction estimates,” said Charles Winternitz, president of Loeb, in a May 13 statement.
“We are proud to have participated in the sale of these venerable Chicago landmarks and especially happy to have helped reach such a good result for interested parties, noted Brian Yellen, president of Yellen Parnters, in the statement.
Now with the auction completed, Maywood Park might be coming down, according to owner Duke Johnston, who said the tracks will be torn down this summer.
“If a slot bill ever passes, I think you’d find someone to buy it, develop it into a casino and you get some horse back, some jobs back, but no one is willing to take a flyer on the state of Illinois right now,” Johnston told CBS Chicago in April.
According to that report, the owner “believes his tracks were doomed when Gov. Pat Quinn vetoed legislation that would have allowed slot machines at horse tracks.”
Some of the photos up for auction from the Balmoral Park and Maywood Park horse racing tracks, owned by the Johnston family. | Bernie Tafoya | Caption: CBS Chicago
For Third Year in a Row, Becker’s Names Loyola to List of 100 Great Hospitals
By Loyola University Health System || Originally Published: Newswise || 5/10/16
For the third year in a row, Loyola University Medical Center has been named to Becker’s Hospital Review’s list of “100 Great Hospitals in America.”
Hospitals on the list are known for multiple reasons, including having a strong history of medical innovation, providing top-notch care to patients and conducting leading-edge research.
The Becker’s editorial team selected hospitals based on rankings and awards from respected sources, including U.S. News & World Report, Truven Health Analytics, Healthgrades, the American Nurses Credentialing Center and The Leapfrog Group. In examining each hospital, the editorial team considered questions such as “Would you take a loved one here for care?” and “Would this hospital be on a short list of places to visit for an important procedure or health issue?”
According to Becker’s, each hospital on the list has a strong foundation of high-quality care, stellar credentials and a focus on doing what is right for patients. Listed hospitals are home to many medical and scientific breakthroughs, provide best-in-class patient care and are stalwarts of their communities, serving as research hubs or local anchors of wellness.
Becker’s Hospital Review is a monthly publication offering business and legal news and analysis relating to hospitals and health systems.
Loyola physicians are national and international experts in their fields and members of the faculty of Loyola University Chicago Stritch School of Medicine. Many physicians conduct research on heart disease, cancer, bone marrow transplant, organ transplant, orthopaedic problems, neurological disorders and other conditions. With four nationally ranked specialties, Loyola University Medical Center ranks among the top three Illinois hospitals in U.S. News & World Report’s 2015-16 Best Hospitals rankings. VFP
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