Elon's New Device Could Launch Biggest IPO of the Decade

Elon Musk's new device is being called a "game-changer"-and even the White House is using this tech. Jeff Brown says it could launch Musk's next trillion-dollar company and make early investors rich. You can claim a stake now for as little as $500.

Community health centers' new crisis: The need for backup power

GABRIELA AOUN ANGUEIRA
June 11, 2024

HEALDSBURG, Calif. (AP) -- The 2017 Tubbs Fire, which killed 22 people and destroyed 5,600 buildings, was already a stressful time at Alliance Medical Center's clinic here, as workers who picked grapes in the nearby vineyards streamed into the nonprofit community health center with burns, symptoms of smoke inhalation, and other crises.

Then, the power went out.

Work at the center, about 70 miles north of San Francisco ground to a halt. Staff couldn't access electronic health records or fill prescriptions. The refrigerators used to store medications stopped working, destroying $30,000 worth of vaccines.

"We'd be fine if we never had to live through that again, but the reality is we will," said Alliance CEO Sue Labbe. "But we'll be prepared now."

In May, the clinic -- which serves 13,000 patients per year, mostly underinsured and uninsured essential workers who labor in the wine country's fields, hotels and restaurants -- turned on a new rooftop solar and battery storage system. Dozens of solar panels, sprawled across the south- and west- facing sections of the clinic's green roof, generate enough power for the center's clinical areas, the server room that supports the electronic records, and the refrigerators that preserve crucial medications. Batteries stacked in metal closets in the building's back parking lot can keep things running for up to 15 hours after the sun goes down.

The humanitarian aid organization Direct Relief paid for the $500,000 system as part of its Power for Health initiative. The six-year-old program was created to help community health centers, serving the country's most vulnerable patients, confront more frequent power outages from extreme weather and fickle grid systems.

"We assume there will be power, but that presumption is no longer as valid as it was a few years ago," said Direct Relief President and CEO Thomas Tighe. "Places that are at a high risk of outages and where there is a high dependency on these health facilities should be prepared."

Direct Relief typically donates medications and supplies to these facilities and others like them. But when Hurricane Maria hit Puerto Rico in 2017, knocking out electricity in some areas for up to 11 months, clinics on the archipelago asked for something else: power.

"Before Maria, we were not a grantmaker for infrastructure projects," said Tighe. "But it was essential to doing our mission. You can't send drugs if they can't keep them cold, it's just a waste."

After that, Tighe realized unreliable power was a widespread problem for community health centers, which serve more than 30 million patients at 14,000 locations. Extreme weather was sometimes the culprit, but so were planned safety outages and rolling blackouts, when a utility cuts power during times of excess demand, like during a heat wave.

The impact could be financially crippling for clinics and devastating for patients who had few or no other options for healthcare. One of Direct Relief's partners in New Orleans lost $250,000 of vaccines after Hurricane Ida in 2021.

Labbe said power became even more of an issue after the Tubbs fire, since the utility started preemptively shutting it off when the winds picked up to prevent wildfires from igniting. Then there were the weather events themselves -- not just fires, but winter rainstorms. "It came to when, not if, the disasters are coming fast and furious," she said. "This is the new normal if you're in an area prone to natural disasters."

The Power for Health grant covers the full cost of a rooftop solar and battery storage system and five years of maintenance support. Since 2018, Direct Relief has helped install systems on 19 centers nationwide. It has 48 projects under development in eight states and Puerto Rico, including at five tribal health facilities, with a goal to raise $100 million to fund more than 200 additional energy resilience projects across the United States.

Without outside support, it would be impossible for clinics like Alliance to afford systems, said Labbe. "We had been longing for solar, but we are a nonprofit with tight margins. It would come out of funds to pay for vulnerable patients," she said.

Adding rooftop solar and battery storage can save clinics money on their utility bills, too, especially in places where energy costs are rising. "The economic savings themselves will be like giving a grant every year," said Tighe.

Magali Nuñez has seen several blackouts in the three years that she has worked the front desk at the Healdsburg clinic. Once during a safety shutoff, a patient was in the middle of having his tooth drilled. He had walked to the clinic, so staff had to transport him by Lyft to another facility to finish the procedure. "It can get a little crazy," she said.

The new power source also opens up the possibility of helping patients in new ways, according to Rachel Farrell, founder and CEO of Harmony Health in Marysville, California, an hour's drive north of Sacramento. Harmony Health also installed a solar and storage system with a Direct Relief grant this spring. The clinic had experienced dozens of outages in the last several years, so many that the clinic's vaccine fridge eventually blew out completely. "We lose so many vaccines, it's just terrible," she said.

On top of primary and behavioral care, Harmony Health offers a birthing center, substance abuse treatment, chiropractor and acupuncture services, and a free clinic for migrants at night.

Now that the backup power is installed, Farrell also wants to offer the clinic as a refuge for the community in times of extreme weather. She's known temperatures to reach well above 110 degrees in the summer, creating a dangerous situation if air conditioners shut off in an outage.

"We could be a cooling center during an emergency, where patients could come and have a safe place to be," she said.

______

Associated Press coverage of philanthropy and nonprofits receives support through the AP's collaboration with The Conversation US, with funding from Lilly Endowment Inc. The AP is solely responsible for this content. For all of AP's philanthropy coverage, visit https://apnews.com/hub/philanthropy.

Continue Reading...

Popular

Trump Wants Washington Commanders' $3.7 Billion Stadium Named After Him: Report

President Donald Trump is seeking to have the Washington Commanders' new $3.7 billion stadium named after him.

[Revealed] The $100 Starlink Pre-IPO Blueprint! - Ad

Fortune reports Starlink's rumored IPO is set to be the single largest IPO in history. James Altucher has uncovered a way to get a pre-IPO stake BEFORE Starlink goes public. All it takes is just a few minutes of time and as little as $100 to get started.

Jim Cramer Warns 'Don't Be Fooled' Because Speculators In Gold, Quantum And Nuclear Energy Aren't Going Down 'Without A Fight'

Former hedge fund manager and renowned CNBC TV host Jim Cramer is sounding the alarm on certain speculative pockets of the market, urging investors to sell into the "snapback" momentum if they haven't already done so.

Jensen Huang's Secret Masterplan Revealed - Ad

NVIDIA's revolutionary new invention just solved the #1 chokepoint that's been strangling big AI companies. And Tech legend Jeff Brown - the Silicon Valley insider who called NVIDIA before it skyrocketed more than 30,000%... says a shocking announcement by NVIDIA CEO Jensen Huang could make a lot of early investors rich.

Cathie Wood Bets Big On Jack Dorsey's Bitcoin-Heavy Block, Adds Amazon And Alibaba — Sells Shopify, Surging Palantir

On Monday, Cathie Wood-led Ark Invest executed significant trades, including a notable purchase of shares in Amazon.com Inc. (NASDAQ:AMZN), Block Inc.

The Tesla Shock Nobody Sees Coming - Ad

While headlines scream "Tesla is doomed"...Jeff Brown has uncovered a revolutionary AI breakthrough buried inside Tesla's labs. One that is helping AI escape from our computer screens and manifest itself here in the real world all while creating a 25,000% growth market explosion starting as early as January 29.

Nvidia, TSMC Unveil The First US-Made Blackwell Wafer, But Analyst Ming-Chi Kuo Flags This Overlooked Detail

Nvidia Corp (NASDAQ: NVDA) has introduced the first U.S.-made Blackwell wafer, a crucial component for AI chips, at Taiwan Semiconductor Manufacturing Co's (NYSE: TSM) facility in Phoenix.

How To Earn $500 A Month From UnitedHealth Group Stock Ahead Of Q3 Earnings

UNH to release Q3 earnings before opening bell on Tuesday. Analysts predict $2.81/share, down from $7.15/share in 2019. Dividend yield at 2.44%.

Elon's Haters Are About to Lose Their Minds... - Ad

Elon's empire looks doomed - crashing sales, lost tax credits, and media backlash. But behind the scenes, Tesla is about to unleash a breakthrough Forbes calls a "multi-trillion-dollar opportunity." It's not the end - it's the start of a 25,000% AI comeback.

Dogecoin's $0.21 Problem: Why This Analyst Says Keep It On Your Radar

On Monday, social media influencer Ali Martinez, known popularly on X as Ali, drew the attention of the crypto community to an important resistance level for Dogecoin (CRYPTO: DOGE).

Trump Signs Law to Launch Dollar 2.0 - Ad

Trump just signed law S.1582, unleashing the biggest money shift in 100+ years. For the first time since 1913, private firms - not the Fed - can mint a "Dollar 2.0." Treasury says it could drain $6.6T from banks and pay 10X current savings rates. Early investors in minting firms could see 40X returns by 2032.

Bloom Energy Stock Surges Nearly 17% In Wednesday Pre-Market: What's Going On?

Shares of Bloom Energy Corp soared 18.68% in pre-market trading on Wednesday as third-quarter results surpassed analyst estimates.

Ford's enormous F-150 becomes unlikely part of Japan's efforts to woo Trump

TOKYO (AP) — Japan's most iconic truck might be the tiny white transport vehicles that farmers use to lug gear on the narrow roads that link their rice fields.

"Tech Prophet" Who Predicted the iPhone Now Predicts... - Ad

George Gilder - who predicted the iPhone 17 years early and gave Reagan the first microchip - is making his boldest call yet. He says an American nanotech "super-convergence" could mint more millionaires than any event in recent memory. He's found 3 stocks set to benefit before November 18's bombshell.

Why D-Wave Quantum (QBTS) Stock Is Getting Hammered Today

Shares of D-Wave Quantum are trading lower Wednesday afternoon, caught in a broader market downturn.

IonQ, Tempus AI And AeroVironment Are Among Top 10 Large Cap Losers Last Week (Oct. 13-Oct. 17): Are the Others in Your Portfolio?

Top large-cap losers last week included IonQ, Tempus AI, AeroVironment, Astera Labs, Nebius, Kratos, F5, Klarna, Leonardo DRS, and First Horizon, driven by sector pullbacks, policy concerns on defense buybacks, a high-profile cyber breach, and weak earnings.

Why Are 21 Billionaires Moving Their Money ASAP? - Ad

One of the biggest stock market events in 25 years is rapidly unfolding... The economist who predicted the 2008 Financial Crisis says it will be: "The Biggest Crash of Our Lifetime." Starting November 19 it could cut the entire tech marketing by HALF.

A cargo aircraft skids off a Hong Kong runway into the sea, killing 2 people

HONG KONG (AP) — A cargo aircraft skidded off a Hong Kong runway into the sea when landing early Monday, killing two people.

Ford Stock Is Racing Higher Tuesday: What's Driving The Action?

Ford shares are trading higher on Tuesday, moving in tandem with General Motors after the automaker raised its full-year earnings guidance.

On November 18, a powerful new law signed by President Trump will trigger a radical shift in America's money system... - Ad

When a small group of private companies - not the Fed - will perform a major mint of a new kind of money. And those who act before this new system fully kicks in could see gains as high as 40X by 2032. But those who fail to prepare will be blindsided by this sea change to the U.S. dollar.

Samsung reports 32% rise in operating profit, predicts continued AI-related growth

SEOUL, South Korea (AP) — Samsung Electronics on Thursday reported a 32.5% increase in operating profit for the third quarter, driven by rebounding demand for its computer memory chips, which the company expects will continue to grow on the back of artificial intelligence.

ON Semiconductor, Williams Companies And 3 Stocks To Watch Heading Into Monday

Key stocks to watch include Williams Companies, Spirit AeroSystems, Goodyear Tire & Rubber, IDEXX Laboratories, and ON Semiconductor

Nvidia CEO: E.I. Will Be as Common as Cars Today - Ad

E.I. isn't science fiction anymore. It's already here. And one little-known company is quietly supplying the systems behind it. This stock is still under Wall Street's radar... but not for long. You'll get the name, the ticker, and the full thesis inside.

CVS Health tops Q3 forecasts but absorbs hefty charge for struggling clinic business

CVS Health rode double-digit sales growth from drugstores and its pharmacy benefits management business to a better-than-expected third quarter.

Firefighters contain blaze at Hungary's main oil refinery

BUDAPEST, Hungary (AP) — Firefighters in have contained a blaze that broke out overnight at the country’s main oil refinery, authorities and Hungarian energy company MOL said Tuesday. No injuries have been reported.

Elon's New Device Could Launch Biggest IPO of the Decade - Ad

Elon Musk's new device is being called a "game-changer"-and even the White House is using this tech. Jeff Brown says it could launch Musk's next trillion-dollar company and make early investors rich. You can claim a stake now for as little as $500.

Supreme Court will consider whether people who regularly smoke pot can legally own guns

WASHINGTON (AP) — said on Monday that it will consider whether people who regularly smoke marijuana can legally own guns, the latest firearm case to come before the court since .

Trump May Finally Take Freddie And Fannie Public, Says Bill Pulte: No Limit To 'What They Could Be Worth' With $7 Trillion In Assets

President Donald Trump is evaluating plans to take mortgage giants Federal National Mortgage Association (OTC: FNMA), or Fannie Mae, and Federal Home Loan Mortgage Corp (OTC: FMCC), or Freddie Mac, according to Bill Pulte, the Director of the Federal Housing Finance Agency.

[Revealed] The $100 Starlink Pre-IPO Blueprint! - Ad

Fortune reports Starlink's rumored IPO is set to be the single largest IPO in history. James Altucher has uncovered a way to get a pre-IPO stake BEFORE Starlink goes public. All it takes is just a few minutes of time and as little as $100 to get started.

LKQ Corp Reveals German Solar Power Partnership

LKQ shares rose after it announced a 20-year solar power deal in Germany, advancing its sustainability and emissions goals.

Jensen Huang's Secret Masterplan Revealed - Ad

NVIDIA's revolutionary new invention just solved the #1 chokepoint that's been strangling big AI companies. And Tech legend Jeff Brown - the Silicon Valley insider who called NVIDIA before it skyrocketed more than 30,000%... says a shocking announcement by NVIDIA CEO Jensen Huang could make a lot of early investors rich.

Boeing Cargo Plane Veers Off Runway At Hong Kong Airport, Claims Two Lives

On Sunday, a cargo plane from Boeing Co. (NYSE: BA) operated by Emirates veered off the runway at Hong Kong International Airport, resulting in two fatalities.

Elizabeth Warren Warns GENIUS Act Could 'Blow Up Our Entire Financial System' Without Tougher Rules

Elizabeth Warren warns the GENIUS Act may risk U.S. financial stability, urging Treasury to tighten rules on Trump-backed stablecoins.

The Tesla Shock Nobody Sees Coming - Ad

While headlines scream "Tesla is doomed"...Jeff Brown has uncovered a revolutionary AI breakthrough buried inside Tesla's labs. One that is helping AI escape from our computer screens and manifest itself here in the real world all while creating a 25,000% growth market explosion starting as early as January 29.

Palantir Weighs On Wall Street, Bitcoin Slumps 5%: What's Moving Markets Tuesday?

Risk appetite cooled on Tuesday as investors interpreted the latest batch of corporate earnings as solid but not spectacular, offering a convenient excuse to take profits after strong year-to-date rallies.

Trending Now

Information, charts or examples are for illustration and educational purposes only and not for individualized investment management This message contains commercial elements, such as advertising. We only send these offers to those who have opted in to our newsletter. Past performance is not indicative of future results. For these reasons we strongly suggest trading in a DEMO/Simulated account. The information provided by us is for educational and informational purposes only. We make no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended and have not determined if the statements and opinions of the advertiser are accurate, correct or truthful. If you use, act upon or make decisions in reliance on information contained or any external source linked within it, you do so at your own peril and agree to hold us, our officers, directors, shareholders, affiliates and agents without fault.

Copyright markethundred.com
Privacy Policy | Terms of Service