When Otto & Sons was formed, who knew that success from this small butchershop would turn into one of the world’s most dominant meat suppliers. This company serves as true inspiration to what immigrants can do when they believe in the American dream.It all started with a German immigrant from Chicago name Otto Kolschowsky. He opened up a small retail meat store that also served as a butchershop. Once the business started to get off the ground, he decided to go into wholesaling of meat. This led to him having to move to Maywood. As a result, in 1928 he named the company Otto & Sons. His selling of good and fresh qualities of meat led to Ray Kroc wanting Kolschowsky to supply his first McDonald franchise.
However, once Kroc bought out the company, Kolschowsky‘s meat became the sole supplier for the entire chain. This made the company a huge success.Once McDonalds took off in the fast food business, Otto & Sons went right along with it. One of the main reasons this happen was because of the loyalty in wanting to serve meat to every McDonalds restaurant. They were able to do this with a process called cryogenic freezing. This involved freezing the meat and keeping it frozen while traveling to the different franchises. If it were not for this invention, the meat would have spoiled.
Otto & Sons did so well that other restaurants wanted their services too as soon as they found out how successful McDonalds had become and some of the reasons behind it.Otto & Sons success became massive so they changed their name to reflect it. Now the company is called OSI Group. Once the company saw that globally they could make an impact, OSI Group used their technique of cryogenic freezing to send meat overseas for any business wanting fresh meat. Yes, OSI Group serves as a lesson of hard work paying off. Mostly everyone has benefited from this company’s service. OSI Group will be around for a very long time as long as people want fresh meat.
Eric Lefkofsky and his company, Tempus, are looking to personalize health care through the use of machine learning and AI technologies that rely on data. By gathering data, physicians will be able to better deal with the cancer that is plaguing patients by learning from what has worked and what hasn’t. Tempus is able to help physicians by sequencing DNA/RNA and looks to gather molecular data in one place so it is easier for cancer patients to be treated in real-time using hard data. The company is already making waves in the industry and has been named a Chicago top ten health tech company. What’s even more interesting is the fact that Tempus may be able to help patients who suffer from Alzheimer’s disease in the future. It is hoped that data gathered from Alzheimer’s patients will be able to help physicians discover the disease in people much sooner than they are able to at the present time.
Eric Lefkofsky is the Chief Executive Officer and co-founder of the tech company, Tempus, which is working to battle cancer through an operating system that draws on the data of past patients. He is also a philanthropist who co-created the Lefkofsky Family Foundation, which is a private charity organization that works to enhance people’s lives in numerous ways. He is also a Trustee of The Museum of Science and Industry and World Business Chicago, Lurie Children’s Hospital of Chicago, and The Art Institute of Chicago and works with a spread of charitable organizations who advance initiatives related to the arts and culture, medicine, and basic human rights.
Eric Lefkofsky is also a founding partner of Lightbank, which is a venture fund that invests in technologies that aim to shake up their respective industries. Along these lines, he wrote a book named Accelerated Disruption that explains how to build companies that disrupt entire industries. Lefkofsky has always been a supporter of education and works as an adjunct professor with the University of Chicago. He received his Juris Doctor while studying at the University of Michigan Law School after graduating from the University of Michigan.
Learn More: lefkofskyfoundation.com/about-eric-lefkofsky/
InnovaCare health is amongst the leading service providers of Medicare Advantage plans. Due to the quality of services provided by InnovaCare, more than 200,000 clients have joined the organization. InnovaCare health has an in- network service providers of more than 7500 providers.
Medicare Advantage plans refer to a private health plan that is offered by private insurance providers who are approved by the Federal Government on innovacarehealth.com. It is a requirement that all Medicare Advantage plans have to cover for all services that are covered under the original Medicare. However, the services are provided using different coverage restrictions and regulations.
Common types of Medicare Advantage schemes include Health maintenance organizations, proffered provider organizations and private fee for service.
1. Health Maintenance Organizations
Health Maintenance Organizations are private companies that contract with the Federal Government to offer Medicare Advantage plans to people. Clients may get additional medical benefits.
2. Preferred Provider Organizations
In this scheme, consumers will pay a standard Copay when using in-network providers. On the contrary, if you use an out- of- network provider, the medical expenses will be higher. Clients may benefit from additional services like vision and dental care.
3. Private Fee- for- Service
In this plan, all services that are provided in the original Medicare are covered. Additionally, the scheme may cater for prescription drug coverage. In some cases, using the systems in network service providers is cheaper, however, it is not a restriction.
Besides the three typical Medicare Advantage plans, other schemes like Special Needs Plans, Provider Sponsored Organizations, and Medicare Medical Savings Accounts exist. Standard wit all the schemes is that they all have an out of pocket spending. Once the out of pocket spending is reached, your insurance provider will pay for more expenses that will be incurred.
Everybody is legible to join any Medicare Advantage plan as long as they don’t have an end-stage renal disease.
InnovaCare Health provides a broad benefit-oriented health care model that caters to the needs of its clients. It provides standard services due to proper coordination of its experienced top executives, Richard Shinto, the CEO, and Penelope Kokkinides, the Chief Administrative Officer.
Dr. Rick Shinto has over 20 years’ experience as a clinical officer. He has been an administrator in many health care organizations. Similarly, Ms. Penelope Kokkinides is a seasoned leader with an extensive experience in management of health care programs and facilities.