By James Leong

What are financial ratios and how can you use them to evaluate a company for your personal investment?

In this article, we will explore a few key ratios that can help you assess a company for investment potential.

So what are financial ratios?

Imagine going for a blood test as part of a medical examination. Your blood sample will be sent to a lab for analysis, and the results will be compiled into a medical report. The medical report would indicate a list of different numbers or ratios. For instance, if your total cholesterol to HDL (good cholesterol) ratio is less than 4.51, you are considered healthy.

Similarly, financial ratios are simply relationships between numbers.

Let’s explore a key ratio, ROE, for a start.

ROE

ROE is Return on Equity. It is the Net Income to Equity ratio. Equity is how much shareholders have invested in the company as share capital. It also includes the amount of profits that the company has made and not paid out as dividends. In other words, its retained earnings.

[youtube]http://www.youtube.com/watch?v=WIe0F-Sn0DI[/youtube]

Together, they represent the amount of shareholder funds that have been committed into funding the business.

Net income is how much profit the company has made, net of taxes.

If net income is $10 million, whereas equity is $100 million, then ROE will be 10%.

In other words, the company will take on average 10 years to recover its capital invested. If, on the other hand, ROE is 20%, it takes the company only 5 years to recover its capital invested.

Hence, you can see that ROE is a powerful concept in assessing company profitability.

Minimally, you would want to invest in a business that has atleast a double-digit ROE to make it worth your while.

Payout ratio

Recall earlier that retained earnings represent profits that the company has made and not paid out to shareholders as dividends. The payout ratio is computed as Dividend/Net income. So, if the company is paying out 70 cents for every dollar of profit it made, the payout ratio would be 70%.

Retention ratio

Conversely stated, the Retention Ratio is equal to 30%, which is simply one minus the payout ratio. This means that the company is retaining 30% of its profits as reinvestment into the business.

Expected growth rate

Now we are ready to put the ratios together to good use.

If a company’s ROE is 20%, and its retention ratio is 30%, at what rate is the company likely to grow its earnings?

The answer would be 6%, since 30% of what is retained will be growing at the rate of ROE of 20%.

You can determine if you are satisfied in investing in a company with such a growth rate.

Dividend yield

The company will declare a certain amount of dividends it will pay for every share that you own.

If you take this number and divide by the current share price, the result is the Dividend yield.

While the ROE measures how well management is deploying shareholder funds as a whole to earn a profit from a total company perspective, the Dividend yield allows you to make certain comparisons between investing in bonds, REITs (Real Estate Investment Trusts), money market funds or simply leaving it in fixed deposits.

High or low?

Should you select to invest in a company with a high or low dividend yield? As a guide, if you invest in a blue chip stock that pays you a dividend yield higher than the fixed deposit rate, you should be much better off. However, since fixed deposit rates are so low now, it is not hard to beat. The other benchmark would be to earn a yield higher than the government bond rate. The threshold should be higher, and you should expect to be compensated for taking a higher risk of holding to a stock as compared to a bond.

On the other hand, be careful if the dividend yield is too high. This could mean that the company is paying out too much dividend and not reinvesting in the business, which is not sustainable. The other possibility is that investors do not feel confident about the company and therefore only willing to pay much less for the stock, thereby driving down the share price.

About the Author:

James Leong

C. Foo, Chartered Accountant, is CEO of VisionsOne Consulting Pte Ltd. and Adjunct Associate Professor with National University of Singapore. His highly popular workshop, Finance for Non-finance Managers, coaches managers and executives on using financial numbers to drive their business better. James can be reached at jamesleong@visions1.com.sg.

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Posted in Real Estate

Saturday, June 4, 2005

On Friday, the U.S. military released the results of their investigation and confirmed that in 5 separate incidents, American guards at the Guantánamo Bay prison “mishandled” the Islamic holy book. However, they stress that guards were usually “respectful” of the Qur’an.

One incident involved splashing a Qur’an with urine by urinating near an air vent while others involved kicking, stepping on and writing in Qur’ans.

Brigadier-General Jay Hood, the commander of the jail, said that these incidents are the exception to the rule. In a statement issued late Friday, he said: “The inquiry … revealed a consistent, documented policy of respectful handling of the Qur’an dating back almost two-and-a-half years.”

Gen. Hood looked into the allegations, published and then retracted by Newsweek, that American personnel flushed a Qur’an down a toilet. He said that the inquiry did not find any evidence supporting this particular allegation. “The inquiry found no credible evidence that a member of the Joint Task Force at Guantanamo Bay ever flushed a Qur’an down a toilet. This matter is considered closed.”

The incidents reported are:

  • a guard kicking a prisoner’s Qur’an;
  • Qur’ans wetted by water balloons thrown by guards;
  • a “two-word obscenity” written, in English, inside the cover of a Qur’an. Military officials state that it is equally possible that a guard wrote this in the prisoner’s Qur’an or that the prisoner wrote this in his own Qur’an;
  • a guard who urinated too close to an air vent, spraying a Qur’an with urine;
  • an interrogator who stepped on a Qur’an during an interrogation.

The investigation also revealed 15 alleged cases of Qur’an mistreatment by detainees themselves. Detainees used Qur’ans as pillows, urinated on them, and, several times, tore pages out of copies of the books, according to the report. For example, the report states that a guard observed a “detainee place two Qur’ans in his toilet and state he no longer cared about the Qur’an or his religion,” on February 23, 2004. It is believed that such behavior is intended to cause disruption and problems for the guards.

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Posted in Uncategorized

THE BEST SOLUTION TO HAIR FALL, WEAK AND DULL HAIR

by

Pandey Nirmal

THE BEST SOLUTION TO HAIR FALL, WEAK AND DULL HAIR

Who does not like a beautiful, healthy mane to adorn their heads? Thick, lustrous hairy is always associated with a healthy, attractive person. The hairy care industry is churning billions of dollars trying to promise people healthier, better looking strands.

What happens when one suddenly starts experiencing hair loss? How would they feel if it keep falling all over their beds, chairs and bathrooms? It is a very difficult position to be in. Doctors assure that 50-100 strands fall everyday and these are replaced by newer once. If the numbers go beyond this, then it will definitely result in hairy loss.

What can be done?

Starting on Grocapix Gel is probably the easiest and quickest solution for hairy loss. Grocapix Gel is a product of Alembic Pharma. Alembic Pharmaceuticals is Asias very popular brand that serves people in more than 75 countries all over the world.

Grocapix Gel is a much researched and developed product from this brand. It is in fact patented for the usage of four Biochanin rich amino acids in its composition. Grocapix is considered a treatment formula for:

Seasonal hairy loss

Post menopausal loss

Age related loss and

Generic hair breakage

It contains 2 major ingredients that work wonders in controlling and promoting faster growth of hair.

1.Biochanin A

This ingredient naturally inhibits Dihydro testosterone (DHT), which plays a large role in hair breakage, especially in male pattern baldness. It also modulates free radical damage to the scalp, protecting the hair and scalp.

2.Capixyl

Capixyl is a natural product and contains bio metric peptide and red clover. It helps stop the conversion of testosterone to 5 DHT. This process is the main cause for damage and by inhibiting this, the body is suppressed of the act of damaging and promotes regrowth instead.

How to use Grocapix Gel?

This product is a leave on serum. This means that it need not be washed off post application. On cleaned and dried hairy, the gel needs to be applied all over the scalp and gently massaged. The massaging helps the gel get absorbed deep into the scalp. The product stays on the surface all day long and works on inhibiting damage and promoting regrowth.

Where does one buy anti hair loss products?

Grocapix will cost INR 1190 for a 60 gram tube and INR 1790 for a 100 gram tube. www.clickoncare.com is an ecommerce website that right now is offering a discount on the same. Users can avail cash on delivery option and also get the product home delivered all over India.

Does hairy loss mean anything serious?

In most cases, eating healthy food, including a lot of proteins in diet, using good hair care products etc. should help control the same. In few cases, it can also be a result of an inlying medical condition. It is hence necessary to consult a doctor of the problem persists even after the above mentioned treatments.

ClickOnCare.com is an Online Health care store. It offers a large variety of products ranging from personal care, baby care, beauty care, baby care products like Grocapix gel to food supplements, wellness devices, sports and fitness equipments and accessories. Packing and shipping are done in an expert way so as to avoid any damage and to ensure product delivery on time. Cash on Delivery facility is available for all products.

Article Source:

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Posted in Medicine

Saturday, July 9, 2005

After a press conference in London from the Metropolitan Police and Transport for London, more details are emerging about the attacks in London on Thursday.

Data from the Underground system’s power and control systems have revealed that all three bombs went off within 50 seconds of each other, at 8.50am, with the managing director of Transport for London, Tim O’Toole saying the bombs went “bang bang bang, very close together”.

The first bomb to detonate was on the Liverpool Street train soon after it left for Aldgate on the Circle line, seconds before the others. The blast tripped out the power system, visible in the control room. The first call the police received that morning reported “a bang” at Aldgate East, coming within a minute of the blast.

The Edgware Road train, leaving for Paddington and also on the Circle, exploded opposite a train coming from the other direction, making people think at first that it was a derailment. The first call to the Police spoke not of an explosion, but of a person falling under the wheels of the train. The confirmation of a bomb did not come until 9.17am, but by that time the emergency services were already on scene.

Transport for London’s new TrackerNet software is fully opertational on the Circle line, which allows for precise tracking of trains, but is not yet fully installed on the Piccadilly line. The first indication of the Piccadilly line bomb was when the tunnel telephone system wires were cut by the blast, an event logged by other software. The cutting of the lines then tripped out the track current. The tunnel itself suffered only slight damage and is safe, but the train – which was packed with commuters heading for Russell Square – is very badly damaged.

London Underground declared a ‘code Amber’ within minutes, moving trains to platforms and opening all doors. A ‘code Red’ – full evacuation – was set at around 9.15am. O’Toole described the decision to evacuate as being “very grave, not taken lightly”. When questioned as to whether everything possible had been done on the day to save lives, the managing director of Transport for London was “very proud” of the choices made that morning.

As investigations continue, all bodies have been removed from the sub-surface Circle line trains, but the carriages themselves are still in situ while a painstaking forensic investigation takes place.

Currently, work is on-going to retrieve bodies and forensic evidence from the carriage of the train in the deep tunnel of the Piccadilly line near King’s Cross. Teams of rescue workers looking for human remains are working alongside forensics experts in a “meticulous” search to find evidence.

Conditions are described as being very difficult, with high temperatures and lots of dust. Work was halted over Friday night when conditions became too bad, and resumed this morning. Efforts have been made to improve the ventilation.

Work will continue throughout tonight and possibly into Sunday. The exact number of bodies still in the wrecked carriage is unknown.

Access from King’s Cross is impossible, so workers are taking the longer route from Russell Square station to get to the front of the train.

Police have revealed that the bombs were ‘high explosives’ – not homemade. However they are declining to be specific about their composition as the information could be useful when they interrogate suspects.

Police will not confirm or deny if any parts of a timer have been found, but have said that “any device will now be in a million pieces”. Police believe the use of timers more likely than suicide bombings as the blasts were so closely timed, but are not ruling out anything.

Retrieved from “https://en.wikinews.org/w/index.php?title=London_Tube_bombs_went_%27bang_bang_bang,_very_close_together%27&oldid=2461598”
Posted in Uncategorized

Thursday, April 28, 2011

Eight American troops and one contractor were shot and killed by an Afghan National Army Air Force pilot Wednesday. Five Afghan soldiers were also wounded in the attack, for which the Taliban has claimed responsibility.

The incident, which began around 10 a.m. Afghan time (0530 UTC), occurred in the operations room of the Afghan Air Force in Kabul International Airport. The shooter, Ahmad Gul Sahebi, was killed by NATO forces.

“Suddenly, in the middle of the meeting, shooting started,” said Afghan Air Corps spokesman Colonel Bahader. “After the shooting started, we saw a number of Afghan army officers and soldiers running out of the building. Some were even throwing themselves out of the windows to get away.”

The shooter’s brother, Hassan Sahebi, said, “My brother was a little depressed recently, but he had served with Afghanistan’s national army for 20 years. He loved his country and his people. He was a good man.” He also said that his brother was facing financial troubles, but was not connected with the Taliban. A spokesman for the militia group, however, described Ahmad Gul Sahebi as an informant and sleeper agent who began planning the shooting five months ago.

Afghan President Hamid Karzai quickly condemned the attack and offered condolence to the victims and their families. He also said that the police and military would investigate the matter. Wednesday’s incident is the seventh this year in which NATO or Afghan forces have been killed by rogue Afghan troops or insurgents dressed as troops.

Retrieved from “https://en.wikinews.org/w/index.php?title=Afghan_pilot_kills_nine_Americans&oldid=4634841”
Posted in Uncategorized

Submitted by: Joseph Kortez

If youve ever found yourself asking What is a deck box?, you are certainly not alone. While we are all familiar with the outdoor furniture weve grown up around (such as the chair, table, and for those most daring, the umbrella), we find ourselves perplexed by the idea and concept of the box. What exactly does it do? Isnt just an over glorified bench? And will my patio really come to life with the use of a deck box?

If you answered I dont know to any of the above, continue reading. While they may seem extraneous and even frivolous, deck boxes can really be a benefit for your patio furnishings. By understanding their function and purpose in your patio, you may find that thinking outside the box requires thinking about the box itself.

Many of you have cushions for your deck furniture that can be easily removed as needed. It is truly a great idea, because it keeps your furnishings cool to the touch during the summer, and adds an extra layer of comfort for your friends and family. But leave them out in the sun too long, and they can start to turn unappealing in a hurry very much due to moisture, debris, and other environmental factors turning them dirty and hard in a hurry. This is where the deck box comes in: instead of having to trudge your cushions back and forth from the garage (or wherever you so chose to store them when not in use), they can go in the box conveniently placed on your deck. Take them out with ease when your guests are here, and when they go, put them back without hassle or unneeded effort. This gives you much more time to enjoy your outdoor paradise without the worry of putting things away.

Everybody loves having a frosty cold beverage during the long, hot days of summer while enjoying the great days on the comfort of your patio. But having a traditional ice chest on your patio seems a littlewell, pass. You want your deck to shout sophistication and class, not tailgate party. Why not use a deck box for this situation? With the right accessories, your box can become a cooler in no time, holding plenty of ice, and keeping your beverages of choice cold all day long. Clean-up is a snap with these boxes: just take out the liner, dump, and store for the next time your storage box needs to become the center of the party.

Remember how I was saying that your deck box can be nothing more than an over glorified bench? It can be an over glorified bench if you want it to be, as well. Because of its sturdy construction out of the hardest woods available on the market, it can be one of the nicest benches youll ever purchase. Why buy a bench and separate storage boxes, when you can combine comfort, aesthetic pleasure, and function in one?

Purchasing a deck box can be one of the best investments you can make for your patio. Bringing together function with beauty will serve you well in the long run, and add a new tool for you to better enjoy your patio furniture.

About the Author: Joseph Kortez is a freelance writer with diverse interests including

home and garden, outdoor furniture and backyard living.

As a media professional, his work has been featured on CNN and the CBS Evening News. He currently writes for

Adams Cedar Company.

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Posted in Construction

Monday, January 16, 2006

Israeli media is reporting that Prime Minister Ariel Sharon opened his eyes for the first time since he suffered a major stroke on January 4, 2006.

However, hospital officials said the reports were generated by the Sharon family’s “impression of eyelid movement, whose medical significance is unclear.”

“He was listening to a tape of his grandson and you could see tears in his eyes for a matter of seconds before he closed them again,” a doctor treating Sharon told AFP news agency on condition of anonymity.

Army Radio, citing unidentified close associates of Sharon, say the Prime Minister could “recognize people around him.”

However, hospital officials state that it is “too early to tell whether the development represented a significant improvement or was just a temporary reflex.”

Sharon had undergone a tracheotomy on Sunday to help with his breathing and to help prevent infection from his respirator tube.

Retrieved from “https://en.wikinews.org/w/index.php?title=Israeli_PM_Ariel_Sharon_briefly_opens_eyes&oldid=4009691”
Posted in Uncategorized

Sunday, October 10, 2010

A United States federal court judge and Florida state court judge are enmeshed in a conflict against each other regarding a wrongful death lawsuit involving Scientology.

A federal judge for the United States District Court for the Middle District of Florida, Steven Douglas Merryday, ordered Pinellas County Senior Circuit Judge Robert E. Beach not to intervene regarding appearance of an attorney in a federal court case involving Scientology. Lawyer Kennan Dandar is representing the estate of Kyle Thomas Brennan in a wrongful death claim against the Scientology organization.

The suit asserts that members of the Scientology organization, including the father of Brennan, removed access to the deceased’s anti-depression medication, and provided him with means to utilize a loaded gun. Brennan had been staying with his father for a week prior to his death. Police in Clearwater, Florida investigated the 2007 death of Brennan, and determined it was a suicide. Kyle Brennan was himself not a member of Scientology. The lawsuit, filed in 2009, was filed by Brennan’s mother on behalf of her son’s estate. Named as defendants in the lawsuit include the Scientology organization, its subdivision the Flag Service Organization, twin sister of Scientology leader David Miscavige – Denise Gentile, and her husband Gerald Gentile.

Attorney Dandar had previously represented the estate of Lisa McPherson in a separate civil wrongful death claim against the Scientology organization. After being under the care of members of the Scientology organization for 17 days, McPherson died in Clearwater in 1995. The wrongful death suit claimed that Scientology officials permitted McPherson to deteriorate to a dehydrated state, where her condition was such that she did not have the energy to fend off cockroaches from biting her skin.

Scientology management settled the McPherson wrongful death case in 2004; lawyers representing the organization stated the settlement included a confidential arrangement with Dandar to never again represent clients in lawsuits against Scientology entities. The settlement included an agreement that both sides would never speak again about the case; California lawyer Ford Greene commented, “The church bought silence.” The Scientology organization had also filed a countersuit against the estate of Lisa McPherson, and named Dandar a party to that lawsuit. The organization claimed Dandar had inappropriately tried to add the head of Scientology David Miscavige as a party to the wrongful death lawsuit.

I’m stuck in the middle of two courts.

Scientology legal representatives requested Judge Beach to see to it that Dandar abide by the secret settlement agreement, and Beach subsequently issued an order in June 2009 that Dandar be removed from the Brennan wrongful death case. Dandar faced sanctions from Judge Beach including suspension of Dandar’s license to practice law, a US$130,000 judgement to be given to the Scientology organization, and a fine of $1,000 per day. Judge Beach ruled that all money from the sanctions imposed against Dandar – were to go directly to the Scientology organization. The Tampa Tribune noted that Judge Breach made his ruling, “in an inexplicably closed hearing from which Beach tossed a St. Petersburg Times reporter”.

Faced with these possible sanctions, Dandar filed an “involuntary” motion to withdraw from the Brennan wrongful death case in federal court, but Judge Merryday denied this request. Dandar stated to The Tampa Tribune, “I’m stuck in the middle of two courts.”

D. Wallace Pope, a lawyer for the Scientology organization, stated that he wished to show evidence regarding the settlement in the McPherson wrongful death case. However, Judge Merryday emphasized his main issue was determining whether or not Dandar was being penalized for obeying the federal court’s order denying his request to be withdrawn from the Brennan wrongful death case. Judge Merryday stated he would prevent the Scientology organization along with Judge Beach from punishing Dandar for representing his client in US federal court. Merryday stated Beach had attempted to usurp control outside of his jurisdiction, thereby “aggressively” interferring with the US federal court process through imposing sanctions on Dandar.

Merryday has served as a US federal judge based in Tampa, Florida since 1992. The St. Petersburg Times noted that Judge Merryday, “has presided over some of the region’s most noteworthy cases.” Judge Merryday’s court order creating an injunction against Beach was 29-pages long, and criticized the “stunning severity” of Beach’s sanctions imposed on Dandar. Merryday explained that the federal court needed to “act in defense of the (federal) court’s jurisdiction”, due to Beach’s actions. Referencing Judge Beach, Merryday wrote in his court order, “A judge should not undertake, directly or indirectly, overtly or through a surrogate, to compel an act by another judge, especially in a different jurisdiction.”

Judge Merryday stated to Scientology lawyers, “have forced my hand on this issue.” Merryday stated to Scientology lawyer, Robert Potter, “I don’t like being put in this position. When people start to squeeze, other people can squeeze back.” Potter asked him to seal the proceedings from public view, and Judge Merryday responded, “I’m not going to be entering any seals unless I see a lawful reason, and I can’t even see the beginning of a reason”. Merryday stated he would not allow his court to be influenced by “some circuit judge somewhere who appears for all I can tell to have sealed something for some unknown reason”.

HAVE YOUR SAY
What are your thoughts on the sanctions imposed on Dandar by Judge Beach?
Add or view comments

Judge Beach responded to Judge Merryday’s injunction which “permanently enjoined” him from imposing sanctions on Dandar, by filing a motion on Thursday in federal court in Tampa. Beach asked Merryday to rescind his order so that he may recuse himself from acting as a judge on the Scientology case related to Dandar. Beach’s motion argued that he was denied due process because he was not given notice by Merryday of the hearing which occurred before Merryday issued his ruling. In addition, Beach asserted Merryday did not have power to issue the ruling restricting him from sanctioning Dandar, because Beach was not a party to the Brennan wrongful death case, and Merryday lacked authority to restrict powers of a judge from outside his federal court jurisdiction. In response, Judge Merryday has scheduled a hearing for October 12 in federal court to hear state court judge Beach.

Martin Errorl Rice is an attorney in St. Petersburg, Florida who represented Beach in the motion before the US federal court. Rice stated his client’s motivation in requesting the ruling by Judge Merryday be rescinded was to allow Beach to recuse from the Scientology case. Rice told the St. Petersburg Times that his client’s conflict with the US federal court has “cast kind of a cloud” over Beach’s position in the Scientology case.

Stetson University College of Law constitutional law professor Michael Allen analyzed the clash between the US judge and Florida judge for The Tampa Tribune. Allen observed that it was “very, very rare” for a US federal judge to order a state judge. He noted that a 1793 federal law contravenes such orders – except in “extraordinarily narrow” cases where the federal judges are permitted to create rulings in order to safeguard the jurisdiction of their federal court proceedings.

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Posted in Uncategorized

Sunday, February 13, 2005

LONDON – The big-budget Hollywood movie The Aviator and the low-budget Brit flick Vera Drake have scooped the main prizes at the 2005 Orange BAFTA Film Awards. Four gongs went to The Aviator with the top ones being Best Film and Cate Blanchett for Best Supporting Actress. Vera Drake got three gongs with Best Director, Best Actress & Costume Design. Jamie Foxx got Best Actor with Ray and Clive Owen got Best Supporting Actor with Closer.

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Posted in Uncategorized

Submitted by: Kari Ranten

Elliott Johnson enjoys an active life and looks forward to a return to the gym, jogging and hitting the road in his motorhome after having his left hip resurfaced.

The Mount Vernon, Washington-based attorney has suffered from hip problems and increasing pain from arthritis in his hip for many years, and two years ago it was clear that his hip was wearing out.

At 59 years old, he searched for a solution that would help him keep an active lifestyle for many years to come and orthopedic surgeon Curtis Rodin, MD of Skagit Island Orthopedic Surgeons had just the solution.

Dr. Rodin received training in 2006 in the Birmingham hip resurfacing technique, taught in Birmingham, England and followed up with additional experience in Calgary, Alberta, performing his first procedures in Skagit Valley in May 2007.

Resurfacing is a technique that spares the hip bone and is a good alternative for younger, active patients. The orthopedic surgeon shapes the arthritic or damaged joint and resurfaces the ball and socket with cobalt chrome alloy of stainless steel, creating a smooth, low-friction surface for the joint.

Having a resurfacing procedure also reserves the future option of a total hip replacement, which traditionally involves removal of the bone at the neck of the ball, with the implant inserted into the femur.

Candidates for hip resurfacing tend to be highly motivated, younger people who have already done a fair amount of research on their own and they have a pretty good idea of what they want to do, Dr. Rodin said. A replacement will last 20 years, which isnt very long to a patient with arthritis in their 40s or 50s, or even some in their 60s.

The surgery is more involved than the traditional hip replacement and patients spend two to three days in the hospital following surgery. Patients are quickly gotten up and moving and pain of the previously arthritic or damaged hip subsides.

In fact, Johnson did research his options and was delighted to find that Dr. Rodin is among the few in the region to perform the resurfacing procedure.

If I am going to be active, its just really clear that this is what I wanted to do and Im thrilled I could have the surgery here, Johnson said. I want to stay active.

Johnson had surgery on September 29, 2008 and nine days later was walking without a cane. One month after surgery, Johnson said he experienced a little discomfort as he continued to heal, but the true pain of his hip and back are gone and he was back to work half time. At six weeks, he was virtually pain free and am back in the gym to start the process of getting some strength back into some muscles in my legs and hips. His goal is to attend his favorite body pump class by March.

It takes time to get your energy back, Johnson said. I could not be happier with the results of my surgery and the decision to pursue the Birmingham resurfacing rather than conventional hip replacement.

Johnson has no plans for retirement as he enjoys his work in elder law, preparing wills, long-term care planning and health care directives. Its a job he can take on the road with him as well, writing and preparing documents by computer in the motorhome.

I love what I do. Im helping people, he said. I have no interest in retiring.

About the Author: Kari Ranten is Director of Marketing at Skagit Valley Hospital. Among Kari’s responsibilities is raising awareness about

Hip Replacement and Resurfacing

for Skagit Valley’s Orthopedic Surgery & Spine Care Department.

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