Crain's Cleveland Business

Page 1

20160905-NEWS--1-NAT-CCI-CL_--

9/2/2016

1:48 PM

Page 1

VOL. 37, NO. 36

SEPTEMBER 5 - 11, 2016

Source Lunch

Business of Life

Bryce Custer, NAI Spring in Canton Commercial real estate adviser quick to tap Ohio’s shale industry. Page 22

CLEVELAND BUSINESS

Law firm moving

Kelley & Ferraro leaving Key Tower for Flats. Page 7 HEALTH CARE

NEO trio cashes in after ACO savings

IngenuityFest moves to a new, old space Page 21

SPORTS BUSINESS

By LYDIA COUTRÉ lcoutre@crain.com @LydiaCoutre

Three health systems in Northeast Ohio will receive a multimillion dollar cut of the Medicare costs each helped the federal government save in 2015 by providing more coordinated care to seniors — a feat fewer than a third of the participating accountable care organizations nationwide were able to achieve. Summa Health, which was the only area system to receive a bonus payment last year as part of the Medicare shared savings program, is joined this year by Cleveland Clinic and University Hospitals in collecting the payments for helping the Centers for Medicare and Medicaid Services reign in health care costs. The Clinic, the region’s largest health system, received by far the largest payout, and will receive roughly $16.6 million for achieving a savings rate of 5.36%. The Medicare Shared Savings Program is perhaps the most wellknown ACO program, which are typically designed to reward organizations that provide highquality, coordinated care at a controlled cost. That’s far different from the traditional reimbursement models across most health care programs that simply pay out based on how many services are rendered. SEE ACO, PAGE 20

Cancellation paints NFL into a corner

Fans and media look on as Hall of Fame president David Baker announces the cancellation of the 2016 game in Canton. (Joe Robbins, Getty Images) By KEVIN KLEPS kkleps@crain.com @KevinKleps

Fans still expected a game even after the decision was made, attorney Michael Avennatti said.

HEALTH CARE GUIDE

Our annual directory of Northeast Ohio health care agencies, services FOCUS, Pages 13-19 Entire contents © 2016 by Crain Communications Inc.

The Pro Football Hall of Fame’s public relations nightmare — aka, the 2016 Hall of Fame Game — isn’t going away. And if Michael Avenatti gets his wish, the case of the canceled preseason contest between the Green Bay Packers and Indianapolis Colts will be heard in California, with thousands of fans on board. The Newport Beach attorney dis-

missed the initial lawsuit he filed in Cleveland and refiled it in the United States Court of Appeals for the Ninth Circuit in San Francisco. That court, sports law expert Daniel Wallach said, “is the most class-friendly circuit court in the country.” Avenatti said “hundreds” of plaintiffs are already involved in a lawsuit he is trying to get certified as a classaction complaint against the NFL and the Hall of Fame. But the potential pool is more than 22,000 deep — the total number of ticket-holders for the Aug. 7 exhibition in Canton. Those who were at the game that

day weren’t officially told that it was canceled because of poor field conditions until about 8 p.m., when the exhibition had been scheduled to kick off. Nearly an hour earlier, at 7:08, the NFL announced on social media that the game had been canceled. Thus, many fans that night were alerted to the news via Twitter or Facebook. And quite a few, according to an Indianapolis Star column written by Greg Doyel, didn’t know until the columnist told them in the minutes leading up to the scheduled kickoff. SEE NFL, PAGE 9

EDUCATION

Report outlines hospitality gap By RACHEL ABBEY MCCAFFERTY rmccafferty@crain.com @ramccafferty

Universities have always been focused on serving both students and employers, and a recent report from the Northeast Ohio Council on Higher Education wants to ensure they’re doing that effectively. NOCHE last week released a report looking at the performance of the public and private colleges and

universities in their 23-county region. One of the areas it looked at was whether the degrees and certificates being granted matched up with the job openings in the region. The science isn’t perfect: The data compiled by Emsi use the number of completed certificates or degrees from 2013 and the number of job openings from 2015, the most recent data sets available for each. But, assuming there were no drastic changes, it gives an idea of which industry segments in the region have

the biggest gaps between supply and demand. One of the areas where the report indicated a gap between graduates and job openings was the “personal and culinary services” category. That category ranges from jobs at funeral parlors to those at beauty salons to anyone employed in the culinary industry, said Shara Davis, dean of research, institutional effectiveness and public services at Lorain County Community College in Elyria, in an email. SEE NOCHE, PAGE 8


Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.