Archive for May, 2012

Jacksonville unemployment rate dropping?

Tuesday, May 29th, 2012

The rate of Jacksonville unemployment may be declining, according to new statistics.

Recently the Florida Department of Economic Opportunity (DEO) announced that Florida

Florida Blue to create healthcare jobs in Jacksonville

Sunday, May 20th, 2012

Florida Blue, a Novitas Solutions company, just announced it will be creating 200 healthcare jobs in Jacksonville.

The company said it was awarded the Medicare Administrative Contract for Jurisdiction H (JH), which covers Arkansas, Louisiana, Mississippi, Oklahoma, Colorado, New Mexico and Texas.

The contract will bring approximately 200 new full-time jobs to Jacksonville.

The company has begun recruiting candidates for the new positions and hopes to have all positions filled by mid-July. The new jobs will be located at the company’s Riverside Office Complex on Riverside Avenue.

According to news articles, the MAC JH contract gives Novitas Solutions accountability for Medicare Part A and Part B fee-for-service claims and other administrative services for more than 8.4 million Medicare beneficiaries, approximately 1,800 hospitals and 287,000 physicians and other healthcare practitioners for 11 states and the District of Columbia.

“We are certain that the top notch talent we need for expanding our team can be found in Jacksonville,” stated Sandy Coston, CEO for Novitas Solutions. “Adding these new jobs to our local offices is a positive alternative for us and we are happy to continue supporting the Jacksonville community.”

Bank hires for executive jobs in Jacksonville

Tuesday, May 15th, 2012

Jacksonville Bancorp said this month that is has recruited a key person for executive jobs in Jacksonville.

Margaret Incandela has been hired as the bank’s executive vice president and chief credit officer.

Before joining Jacksonville Bancorp Incandela was the executive vice president and chief credit officer at Heritage Commerce Corp., which is the bank holding company for Heritage Bank of Commerce in San Jose, Calif.

Recently Jacksonville Bancorp, Inc., the holding company for The Jacksonville Bank, reported net income for the three months ended March 31, 2012 of $1.3 million, or $.22 per basic and diluted common share, compared to the first quarter 2011 net income of $439 thousand, or $.07 per basic and diluted common share.

Total assets were $585.8 million at March 31, 2012, compared to $624.6 million at March 31, 2011. Net loans decreased by 9.5% to $446.0 million as of March 31, 2012, compared to $492.6 million as of March 31, 2011. Total deposits decreased 3.1% to $513.5 million as of March 31, 2012, compared to $529.8 million as of March 31, 2011. Total deposits as of March 31, 2012 increased $39.6 million from December 31, 2011.