January 2014: Around the State

Read business new from around Nevada: January 2014.Saint Mary’s Home Care Named in Top 25 Percent of Nation

Saint Mary’s Home Care has been listed as a 2013 HomeCare Elite program which ranks the top-performing home health agencies in the nation. The home care program has been listed in the top 25 percent for providing quality healthcare service to the Northern Nevada community. Agencies in the listing are ranked by an analysis of publicly available performance measures in quality outcomes, best practice implementation, patient experience, quality improvement and consistency and financial performance. In order to be considered, an agency must be Medicare-certified and have data for at least one outcome in Medicare’s Home Health Compare.

The Federal Savings Bank Opens New Loan Production Office in Nevada

The Federal Savings Bank (TFSB) has expanded into a new loan production office in Southern Nevada. The office in the process of recruiting bankers and has 10 other locations throughout the United States. Founded in 2011, TFSB’s growth model has been to identify geographic areas where there is a gap in lending for individuals seeking home ownership.

NV Energy Announces Completion of MEHC Merger

NV Energy has completed the merger with MidAmerican Energy Holdings Company (MEHC). The energy company has reiterated that customers will see no changes to operations and NV Energy will remain a Nevada company.

Southern Nevada Home Prices Show Slight Dip

According to statistics from the Greater Las Vegas Association of REALTORS (GLVAR), Southern Nevada home prices cooled off in November after posting steady gains for nearly two years. The median price of an existing single-family home sold during the time period was $183,000, down 1.1 percent from $185,000 in October. November 2013’s median prices remained 25.3 percent higher than the same period a year ago. Home prices bottomed out at $118,000 in January of 2012 and reached a peak of $315,000 in June of 2006.