Latest news with #Welke
Global News
24-06-2025
- Business
- Global News
SaskTel sees income dip for a 4th year in a row
See more sharing options Send this page to someone via email Share this item on Twitter Share this item via WhatsApp Share this item on Facebook Saskatchewan Crown corporations have released their annual fiscal reports, and SaskTel is down over 10 million in net income from the previous year. For the 2024/25 fiscal year, net income was $82.2 million. Net income for 2023/24 was $95.4 million. The Saskatchewan NDP claims the decrease will drive up prices for consumers. Erika Ritchie, Saskatchewan Crown Investments Corporation critic, said this is the fourth year in a row net income is down. Get breaking National news For news impacting Canada and around the world, sign up for breaking news alerts delivered directly to you when they happen. Sign up for breaking National newsletter Sign Up By providing your email address, you have read and agree to Global News' Terms and Conditions and Privacy Policy 'That's not a blip, that's a pattern of decline under this government's watch,' said Ritchie. Total revenue was up $16.4 million from the previous year at $1,364.9 million, however it was below target. Jeff Welke, SaskTel's Corporate Affairs Director, said this is due to competitive pressure in areas such as wireless networks, MaxTV and fixed broadband data services. Story continues below advertisement 'We are well-positioned. We're keeping our market share quite strong, and we do compete in a very, very hot telecommunications marketplace,' said Welke. At the close of the fiscal year, SaskTel's debt ratio also increased to 56.5 per cent, an increase of 50 basis points. The overall level of net debt increased primarily to fund continued investment in its fibre and 5G networks. The company invested $398.5 million in SaskTel InfiNet service in 2024/25. 'We're going up to communities, quite frankly, that none of our competitors would,' said Welke. 'I mean, Starlink is a competitive offering out there, however, fibre is the gold standard.'
Yahoo
30-04-2025
- Health
- Yahoo
Home Therapy Solutions receives certification as Age Friendly Health Care System
Apr. 30—GRAND FORKS — Home Therapy Solutions has qualified for certification as an Age Friendly Health Care System, Kara Welke, who owns and operates the business, has announced. This is the first entity in Grand Forks to receive this distinction, Welke said. This recognition comes from the Institute for Health Care Improvement, which is internationally known for its work on optimizing health care, according to a news release. The certification indicates that an organization is providing services that meet requirements and standards which ensure that older adults receive the highest quality care and ensure they are aging in the right place. Home Therapy Solutions, which Welke founded in 2018, "was the first mobile therapy practice in the U.S. to achieve recognition as an Age Friendly home therapy provider," she said. "Many individuals and families mistakenly believe that assisted living or nursing home placement is their only option, unaware of the extensive resources available to support aging in place," Welke said. And "many (health care) providers are not adequately prepared to care for our aging population." Age Friendly Health Care is a new framework for evaluating and managing older adults' problems through four elements related to quality of life, she said. These elements are assessed and acted upon with each clinical encounter. By focusing on them, older adult health care improves and better outcomes are achieved. In the process of attaining certification as an Age Friendly Health Care System, Home Therapy Solutions collaborated with the UND geriatrics program and Quality Health Associates, Welke said. "Home Therapy Solutions has been a community health care partner for training UND medical students and other health profession students," said Dr. Donald Jurivich, professor and chairman of the UND geriatrics program, in the news release, "and it is truly remarkable how they are pioneers in the Age Friendly movement." Certification as an Age Friendly Health Care System is important, Welke said, because "80% of cognitively impaired individuals go unrecognized in primary care, and 50% of primary care physicians report feeling unprepared to care for patients with Alzheimer's disease." (Primary care is basic health care, rather than specialized care, for those making an initial approach for treatment from doctors and nurses who practice in the areas of family medicine, general internal medicine and general pediatrics.) Early detection of cognitive impairment can offer hope for improvement, Welke said, as "research shows that 20% of individuals with mild cognitive impairment may regain normal cognitive function."
