OCBJ SPECIAL REPORTS
Foundations, Firms’ Charity Arms Give 3.1% More OC Cash
Total cash giving by 35 corporate foundations and company charitable arms active in Orange County dropped 6.4% from a year ago. But discounting two major, one-time giving efforts in 2012 from the largest giver on that year’s list, Wells Fargo & Co. there was a fractional boost for the year—the fourth straight of positive increases, the Business Journal’s list shows.
The Orange County office market continued its healthy performance in the second quarter, indicating market stabilization and a positive trajectory, with possibly the most significant trend being the current progression of average asking lease rates.
The activity levels for the Orange County industrial market remained healthy in the second quarter, with approximately 2.2 million square feet of gross activity.
“Affiliation” continues to be more than a buzzword in Orange County’s hospital world. The latest affiliation happened this month when St. Joseph Hoag Health and Children’s Hospital of Orange County said they were creating an accountable care organization. CHOC and St. Joseph Hoag Health are going to share in the financial and medical responsibilities of managing and providing care to patients. The institutions said the affiliation’s goals include improving quality, enhancing patients’ experience, and creating “efficiencies through collectively attending to patients’ needs and avoiding unnecessary treatments.”
Kaiser Leads HMOs List, Anthem OC’s Biggest PPO
Health maintenance organizations had a year of growth in Orange County.
Delta Dental Plans Still At Top of List of 13 Plans
Managed dental care plans saw a slight drop in their Orange County membership during the past year.
Takes On UnitedHealthcare Plans, Networks for Growth
A business unit of Orange-based Word & Brown Cos. has teamed up with a health insurance behemoth as a way to fuel growth.
Audit Unit; Punishment For Noncompliant at CalOptima
Orange-based CalOptima is intensifying its work with providers to tackle a tighter government regulatory landscape.
Despite Blips, OC Trading Partner Still Number One
Mexico City-based discount airline InterJet ceased flights out of John Wayne Airport on July 19.
The 12 largest hotels near the Anaheim Convention Center offer 588,000 square feet of convention space and about 8,200 rooms that can accommodate the big gatherings that converge on the area every year. But space can also be small when necessary. Many hotels and resorts offer space for small groups, whether the traveler or business groups needing a working “staycation” or some privacy. Those clients have specific needs and are willing to spend money for them. The meeting spaces can be as different as the clientele, with everything from the county’s largest hotel to a boutique beachfront experience, with prominent and premium resorts in the mix. Business groups also sometime include guests who have different needs but want the same attention to detail corporate clients require. The Business Journal’s Paul Hughes asked executives at local venues how they serve high-end meetings and conventions guests. Here are edited excerpts of their responses:
The following is a list of conventions, trade shows, consumer shows and events scheduled from Aug. 11 through July 31, 2015.
Markets Cooperate as Entries Tally $54B
All the ingredients pointed to another good year for the richest residents of Orange County: an extraordinarily strong run in stocks, continued briskness in the commercial and residential real estate sectors, and some surprising resilience in the bond market.
Tech Firm Zumasys Uses Trust to Tap Workers’ Best
Nine years ago, someone special walked into Zumasys Inc.’s Irvine headquarters for a job interview for a warehouse position.
Hughes Marino Involves, Builds Up Employees
When Shay Hughes, chief operating officer of commercial real estate company Hughes Marino, started to plan the business’ quarterly retreat three years ago, she wanted it to be memorable, not only for its stunning location—Pelican Hills Golf Club—but also for what people would take away from the event.