Daily Business Report-July 1, 2013
Tri-City Medical Center
Tri-City Healthcare and Fallbrook Healthcare
Districts Sign Joint Powers Agreement
The Tri-City Healthcare District and the Fallbrook Healthcare District have entered into a Joint Powers Agreement designed to enhance the level of medical and health care services provided to the residents throughout the Fallbrook Healthcare District’s service area. The agreement will enable the district to support potential expansion of services available in Fallbrook. Vi Dupre, administrator of the Fallbrook Healthcare District, and Larry Anderson, CEO of Tri-City Healthcare District, issued a joint statement regarding the new affiliation: “It is the intent of both districts that, through this Joint Powers Agreement, we will be able to execute strategies that have the potential to give residents of Fallbrook, and surrounding communities, access to the highest quality of health care, provided primarily in their local community. We understand the burden of families having to travel to distant facilities in order to receive care.”
San Diego Gearing Up for Health Insurance Exchange Enrollment
Open enrollment for California’s health insurance exchange begins in October and runs through March. But the work is already beginning to make sure San Diegans know their coverage options, KPBS reports. Covered California, the state-run exchange, awarded local nonprofit SAY San Diego $500,000 to help residents sign up for new health policies offered under the Affordable Care Act. The health reform law says all Americans must be insured by tax time next year or face a penalty – 1 percent of their annual income or $95, whichever is higher. The penalty will increase to a 2.5 percent cut of their income or $695 in 2016. SAY Service Director Kevin O’Neill said outreach workers will fan out throughout the county with iPads to get people connected to exchange caseworkers. He said they’ll pay particular attention to areas where language barriers and low incomes make for a steep learning curve.
Covered California plans are open to legal residents and businesses with 50 or fewer employees. Individuals making up to about $45,000 a year and families of four earning about $92,000 annually will qualify for subsidies that can be applied directly to their insurance premiums, bringing down monthly costs.
Pathway Genomics Partners With Private Health Care Provider in Singapore
Pathway Genomics Corp., a San Diego-based clinical laboratory that offers genetic testing services internationally, has partnered with Parkway Laboratory Services Ltd, an ancillary service of Parkway Pantai Limited, the largest private health care provider in Singapore, and one of the largest private health care providers in Asia. The company’s laboratory, ParkwayHealth Laboratory, boasts the widest range of services among the private laboratories in Singapore, and serves the needs of patients at several hospitals as well as physicians who operate within and outside the hospitals’ medical centers. “Our mission is to communicate relevant, practical and actionable genetic information to physicians and patients,” said Dr. Michael Nova, Pathway Genomics’ chief medical officer. “Our partnership with ParkwayHealth Laboratory is a critical component of this mission, and we are excited to bring our scientifically-advanced testing services to the people of Asia.”
Vista Amaya Apartments Sold for $17.8 Million
The Vista Amaya Apartments at 5810 Amaya Drive in La Mesa has been sold for $17.8 million to Yoshiteru Kawase. The sellers were Vista Amaya Ltd., a limited partnership with nine co-tenants. The property has a mix of 34 one-bedroom and 76 two-bedroom units and has a heating swimming pool, fitness center, clubhouse, leasing office and two laundry rooms. The seller recently completed more than $400,000 in improvements to the exterior/common area and interior renovations in 28 of the 110 units. The sale was arranged by CBRE.
Seminar Offered on LEED Certification
The San Diego Housing Federation will offer a seminar on LEED Certification from 8 to 10 a.m. on July 11 at the SDG&E Energy and Innovation Center, 4760 Clairemont Mesa Blvd., San Diego. Sponsored by Energy Inspectors, the seminar is eligible for continuing education credits. Sitting on a panel will be Douglas Kot, executive director, USGBC-SD; Ted Bardacke, senior associate with the Green Urbanism Program; and Sylvia Martinez, senior project manager for Community Housing Works. The cost to attend is $15 for San Diego Housing Federation members and $25 for nonmembers. The fee includes access to the seminar, materials and a light breakfast. Register at www.housingsandiego.org.
Rady School Dean Chairs AACSB Board
Robert S. Sullivan, dean of the Rady School of Management at the UC San Diego, has been named chair of the board of directors of the Association to Advance Collegiate Schools of Business (AACSB). Sullivan succeeds Joseph A. DiAngelo, dean of the Erivan K. Haub School of Business at Saint Joseph’s University. Sullivan’s volunteer work with AACSB has spanned nearly two decades. He was originally elected to the AACSB board in 2006.
RBTK LLP Adds Staff Accountant
Elie Nassif has joined the San Diego-based financial firm RBTK LLP as staff accountant. Nassif comes to RBTK with prior experience working at Wells Fargo Bank, Union Bank and Matthew Lemas CPA & Associates. Nassif received a bachelor’s degree from San Diego State University and received a certificate in accounting from UC San Diego.
Hughes Marino Names Client Relations Manager
Kathleen Raya has been named client relations manager for Hughes Marino commercial real estate company. A former trial attorney, Raya adds an extensive legal background and leadership skills to the firm. She earned a bachelor’s degree from San Diego State University and her law degree from the University of San Diego. She worked full-time at law firms in Downtown San Diego, and managed her own law practice for 10 years, then became a partner with two other family law specialists. In 1997, she and her law partners incorporated Creative Forces, a multimedia communications company specializing in advising clients on marriage, family and social issues.
Foley & Lardner Names New Partner
Marc T. Morley has joined Foley & Lardner LLP as a partner in the San Diego/Del Mar office. He is in the intellectual property department and chemical, biotechnology and pharmaceutical practice. Morley joined Foley from the San Diego office of Knobbe Martens Olsen & Bear. Prior to that, he was a development associate at biopharmaceutical company Scios Inc. Morley is an adjunct professor teaching patent law for the University of San Diego School of Law and teaches a course on biotechnology and pharmaceutical patent law at UC San Diego.