Crain's Cleveland Business

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FOCUS | MIDDLE MARKET FORECAST: M&A activity should continue at rapid pace. PAGE 10

LENGTHY DELAY Tri-C plans to rebuild athletic programs ‘the right way.’ PAGE 2

CRAINSCLEVELAND.COM I MAY 10, 2021

UH, ValueHealth aim to deliver value with new surgery centers

VOSS SITE GETTING NEW LIFE

BY LYDIA COUTRÉ

MICHELLE JARBOE

In its new venture with ValueHealth, University Hospitals aims to offer bundled-payment models for certain procedures at a series of new ambulatory surgery centers in Northeast Ohio that the two are developing as part of UH’s value-based strategy. So far, the two have announced centers in Lorain County and Medina, with plans for more in the region. The outpatient facilities will offer total joint replacement care and may expand to include other complementary multi-specialty surgical care such as ENT and pain management. In collaboration with ValueHealth — a Leawood, Kan.-based health care services company that operates Ambulatory Centers of Excellence — UH is working to provide many such procedures in a bundled model, offering a predictable price for payors and employers.

Apartments, offices and retail slated for Ohio City spot BY MICHELLE JARBOE

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See VALUEHEALTH on Page 7

GELI hopes to address gaps in legal industry Pandemic has added to ‘daunting issues’ female lawyers face BY JEREMY NOBILE

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See VOSS on Page 27

Former Voss properties Additional MRN holdings RTA development site

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A former manufacturing complex in Cleveland’s Ohio City neighborhood, only steps from the West Side Market, is being reimagined as apartments, offices and retail space. That revival plan for the vacant Voss Industries buildings along West 25th Street is the first phase of a much larger potential project dreamed up by homegrown developer MRN Ltd. In late March, an MRN affiliate paid $7.5 million for the 4.2-acre Voss property, which

includes parking lots that could become construction sites. The purchase adds to MRN’s already sizable footprint near West 25th Street and Lorain Avenue, in a fast-changing pocket of the city’s near West Side. Brothers Ari and Jori Maron now own most of two blocks on the west side of West 25th, just south of Lorain. They control surface lots spanning hundreds of spaces on both sides of West 25th and West 26th streets.

“We know the cost of health care is continuing to go up and the challenges that come with reimbursement and hospital funding,” said Don Bisbee Dr. James Voos, chair of orthopedics for UH. “So our hospital leadership looked toward the future to see what’s the best way to continue to provide that incredibly high quality of care that we’re used to delivering in an academic health care system with the very high efficiency setting of ambulatory surgery centers.” Beyond the ongoing growth driven by potential promise of lower-cost care, the ambulatory surgery center model has also gained traction in the past year during the pandemic. The postponement of

It didn’t take a global health crisis to point out what has been known for generations: The legal industry is collectively failing women. Nonetheless, the pandemic has shone a brighter light on issues impacting working women, who, according to Pew Research Center, lost jobs at a greater rate than their male counterparts during this economic shock.

As for female lawyers, the COVID-19 outbreak created fresh disruptions that are thought to be adversely affecting not just worklife balance, but the ability for women to grow in their professions. Circumstances vary, but according to the American Bar Association, women across the industry are coping with “daunting issues” ranging from increased stress to loss of income and feelings of isolation. These issues are attributed in some part to gendered expectations and inadequate recognition of parenting needs. See GELI on Page 28

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VOL. 42, NO. 18 l COPYRIGHT 2021 CRAIN COMMUNICATIONS INC. l ALL RIGHTS RESERVED

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