Collier County Home Inventory Ahead of National Supply

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Need to catch up on business news in Southwest Florida? No problem. Here are the top stories of the week pulled from our daily newsletter, Gulfshore Business Daily

SWFL FPRA Media Breakfast on Tuesday​

Friday, June 1

The Florida Public Relations Association, Southwest Florida Chapter’s (SWFL FPRA) annual media breakfast, “E-mEdia brEakfast – Expectations, Ethics & Engagement,” will take place from 7:30-10:30 a.m. on June 5 at the Holiday Inn Fort Myers at Town Center. Three media experts will present at the event, including John Gable, cofounder and CEO of AllSides; Julie Glenn, interim news director and Gulf Coast Live host at WGCU; and Theresa Collington, representing the Poynter Institute for Media Studies. The event will also include and a panel opportunity to ask specific questions from the audience, presentation of the SWFL FPRA’s proposed 2018-19 board and leadership team, visit with the chamber of commerce, special announcement from SWFL FPRA members, and time for networking. Registration is $40 for members, $50 non-members and $20 students. An additional $10 will be added for day-of walk-ins. For more details, click here. ​

Thursday, May 31

Aetna Enters Care Agreement with Lee Physician Hospital Organization

Aetna has entered accountable care agreement with Lee Physician Hospital Organization (Lee PHO), designed to improve the quality and efficiency of care for employers with employees residing in Charlotte, Hendry, Lee and Collier counties. Aetna members who are already enrolled in a fully insured plan and have seen one of Lee PHO physicians in the last 12 months will automatically become part of the collaboration effective immediately. Those members will receive the additional benefit of an integrated care delivery model, which includes the tracking of metrics to achieve higher-quality care and lower costs. Approximately 9,000 Aetna members will benefit from the new agreement. 

Wednesday, May 30

Collier County Home Inventory Ahead of National Supply

Collier County enjoys a 7.76-month supply of inventory compared to a four-month supply nationally, according to the April 2018 Market Report released by the Naples Area Board of REALTORS (NABOR), which tracks home listings and sales within Collier County (excluding Marco Island). Overall inventory fell 2 percent to 5,793 in April 2018 from April 2017, while overall pending sales grew 5 percent to 1,126. Overall closed sales increased by 8 percent to 978 in April 2018, compared with the same period last year. Even though April's inventory decreased by 2 percent, it's actually rebuilding from an annual low of 4,608 properties in inventory at the end of September 2017, the report states. To view the entire report, visit

Tuesday, May 29

Collier County Medical Society Installs Board of Directors

Collier County Medical Society (CCMS), the local affiliate of the Florida Medical Association and American Medical Association, has installed its 2018-19 president and board of directors. Dr. Cesar R. De Leon began his one-year term as the 61st CCMS president at the Medical Society’s 2018 Annual Meeting, held on May 19 at Wyndemere Country Club. De Leon is a board-certified family practitioner at the Naples Medical Center. He obtained his doctor of osteopathy degree with the president’s award and recognition at Western University of the Health Science College of Osteopathic Medicine, California and completed his family practice residency at Broward General Medical Center in Fort Lauderdale. He recently graduated with honors from Colorado State University with a master’s degree in healthcare administration and has served as family practice department chair at NCH the last four years. The new board of directors joining De Leon are Dr. David Wilkinson, vice president; Dr. Rebekah Bernard, treasurer; Dr. Alejandro Perez-Trepichio, secretary; Dr. Rebecca Smith, officer/director at large; and Drs. George Brinnig and Gary Swain, directors at large. The board members will lead CCMS in its mission to promote quality healthcare for all patients and serve the professional needs of its members.

Publicly Traded Companies

Chico’s Reports Q1 Profit, Down from Q1 ‘17

Chico’s FAS Inc. reported a first-quarter net income of $29 million, down from a $33.6 million profit during the same period one year ago. Net sales for the quarter were $561.8 million compared with $583.7 million in last year's first quarter. The 3.8 percent decrease reflects a comparable sales decline of 5.9 percent and the impact of 41 net store closures since last year's first quarter, partially offset by the favorable impact of the calendar shift due to the 53rd week in fiscal 2017, according to a press release.

In other news…

Reema Bhatia, co-founder of Stickboy Creative, shares how to incorporate artificial intelligence into your business.

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