20101108-NEWS--1-NAT-CCI-CL_--
11/5/2010
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$1.50/NOVEMBER 8 - 14, 2010
Vol. 31, No. 44
Kasich to find no shortage of budget advice Organizations jockey to voice suggestions to governor-elect on plugging $8B hole By JAY MILLER jmiller@crain.com
John Kasich during his run for governor largely avoided specifics about how he’d fill an expected $8 billion hole in the next two-year state budget. But the man who now is the governor-elect is finding no shortage of outside interests who are willing to lend him a hand in that effort. The Greater Cleveland Partnership is among the business groups eager to gain the ear of Mr. Kasich, who last week defeated Gov. Ted Strickland by a 49%-47% vote. So, too, is the Ohio Society of CPAs, whose vice president of govern-
JESSE KRAMER
Dr. Jeffrey Galvin ran a solo private practice in Fairview Park for about 10 years before joining MetroHealth in August.
RISING TO NEW LEVELS Hospitals shore up staffing by partnering with independent doctors amid projected rise of newly insured patients By TIMOTHY MAGAW tmagaw@crain.com
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rea hospitals are trying to strengthen their ranks of physicians in a concerted effort to ramp up for an expected influx of newly insured patients brought on by federal health care reform. The movement comes as hospitals address the concept of accountable care organizations — a small facet
INSIDE: Federal government may provide incentives to entice students to pursue medicine. Page 22 in the new health care reform law that could have major implications for the ways care is delivered. Exactly what these organizations will look like has yet to be determined, but the idea is to band together medical providers and reward them with financial incentives
ment affairs, Barbara Benton, was among the 750 lobbyists and policy advocates gathered last Thursday, Nov. 4, at the Columbus Convention Center for Impact Ohio, a post-election conference sponsored every two years by a Columbus lobbying firm. A year ago, the Columbus-based trade group for the accounting profession created a state budget task force and in June released a 23page report that offered large and See BUDGET Page 7
Casino developers gamble with Cuyahoga River space Rock Ventures wants to narrow channel for complex By JAY MILLER jmiller@crain.com
Cleveland casino developer Rock Ventures LLC and lake shippers could be on a collision course at Collision Bend. Rock Ventures has proposed narrowing the channel of the Cuyahoga River at Collision Bend to accommodate its planned, $600 million gambling complex
behind Tower City Center. But it will take an act of Congress to allow it, and the plan is alarming ship operators and their captains who must navigate their ships through the narrow, winding river channel. In August, Cleveland Cavaliers owner Dan Gilbert’s Rock Ventures bought from Forest City Enterprises Inc. a 16-acre site for the new
INSIDE Start me up Northeast Ohio startups say venture capital investments are percolating. Local firms raised $143 million in venture capital during the first three quarters of 2010 — a big increase from a year earlier. Read Chuck Soder’s story on Page 3.
See DOCTORS Page 22
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EDITORIAL: John Kasich must act now to devise a budget blueprint by working with legislative leaders and other organizations. Page 10
SMALL BUSINESS Lake County store owners find value in their own brand, RediGo ■ Page 17 PLUS: HOLIDAY HIRING ■ MARKETING LEADS ■ TAX TIPS ■ & MORE
See CASINO Page 26