Quick Takes

ACCREDITATION: The American College of Cardiology has recognized East Liverpool City Hospital has received chest pain center accreditation from the American College of Cardiology.

“We’re proud to bestow Chest Pain Center Accreditation on East Liverpool City Hospital,” said Abraham Joseph, vice president of ACC Accreditation Services. “We commend East Liverpool City Hospital for its demonstrated commitment to providing the Ohio River Valley with excellent cardiac care.”

Hospitals receiving the accreditation from the ACC must take part in a multi-faceted clinical process.

“Emergency care is often a patients first experience in a hospital and our goal is to provide the best outcomes and patient experience possible. We do that by making sure we follow best practices and providing education to all our employees. Chest pain accreditation aligns with our goals both in the emergency room and throughout the hospital. Going through the process of becoming accredited has identified how we can improve care to our patients,” said Keith Richardson, president and chief executive officer.

East Liverpool City Hospital is a member of Prime Healthcare Foundation and is affiliated with River Valley Physicians (East Liverpool Medical Group), Ohio Valley Home Health Services (East Liverpool Home Health) and Ohio Valley Home Care.

PARTNERS: Ford Motor Co. announced Wednesday that it is launching a venture with a Chinese partner to develop electric vehicles for sale in China, the biggest market for the technology.

The announcement of the $750 million venture with Anhui Zotye Automobile Co. adds to rising investment by global automakers in China’s growing electric vehicle industry.

Zotye already has its own electric vehicle business and said sales in the first 10 months of this year were up 14 percent over a year earlier, at 22,500.

Sales of pure-electric and gasoline-electric hybrids in China rose 50 percent last year over 2015 to 336,000 vehicles, or 40 percent of global demand. U.S. sales totaled 159,620.

WENDY’S EARNINGS:

Wendy’s Co. on Wednesday reported third-quarter profit of $14.3 million.

The Dublin, Ohio-based company said it had profit of 6 cents per share. Earnings, adjusted for non-recurring costs and asset impairment costs, were 9 cents per share.

The results missed Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of 12 cents per share.

The hamburger chain posted revenue of $308 million in the period, which also did not meet Street forecasts. Five analysts surveyed by Zacks expected $308.6 million.

NO DEDUCTION: Millions of Americans would lose the ability to deduct up to $2,500 in student loan interest under the Republican tax bill, a proposal that education advocates say will make college less affordable.

But supporters of the measure say the loss will be offset by other provisions in the bill.

In a letter to top members of the tax-writing House Ways and Means Committee, the American Council of Education, a leading national higher education advocacy and research group, asked lawmakers to reconsider their plan keep the deduction for student loan interest.

“It is possible to offer tax relief to hard-working middle-class and lower-income Americans in a way that does not increase college costs and does not make a quality higher education less accessible,” ACE President Ted Mitchell wrote in the letter Monday.

In 2015, according to the most recent government data available, 12.2 million taxpayers took the student loan deduction, which phases out at higher incomes. Repealing the provision would mean that the cost of student loans for borrowers would increase by some $24 billion over the next decade.

From staff and wire reports

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