Labs, Investments Target Nontraditional Approaches
Innovation in healthcare, when it comes to medical devices and pharmaceuticals, isn’t new. But technology relating to patients, such as health records and how patients interact with healthcare providers, can be lacking. The new territory means looking for ways to engage and care for patients outside of traditional hospital settings or office visits.
Value-based care delivery, since former President Barack Obama signed the Affordable Care Act into law in 2010, is the standard of the healthcare industry. Reimbursements continue to drive medical technology advancements and a greater emphasis on outpatient care delivery, including preventative care.
30 Centers Take in $7.2B; UCI Hospital Still at Top
Last year Renton, Wash.-based Providence Health & Services and Irvine-based St. Joseph Health merged to form a seven-state healthcare system, a transaction that further consolidated its Orange County-based hospitals under the umbrella of St. Joseph Hoag Health.
Center Aims To Involve Nonmedical Participants
Healthcare providers continue to transform delivery of care, changes driven largely by reimbursement policy. Mental health, in particular, is high on Orange County healthcare providers’ priority list, and Children’s Hospital of Orange County is spearheading one effort as part of a larger mission to improve children’s health and well-being.
Crowdcreate Helps Others Avoid Same Mistakes
Getting kicked off Kickstarter provided the kick two Orange County entrepreneurs needed to create their own crowdfunding marketing agency.
Fast Cars, Swank Nightlife Product of Hearty Ambition
Entrepreneurs, if nothing else, must be resourceful.
Event trends and popular movements in meetings and conventions can seem to appear out of nowhere—whether it’s rooftop amenities (see page 1), pop-up events (see page 21), or growth in spa, health, and fitness components (see page 19).
Hotels Answer Meetings Guests’ Call for Pampering
Resorts and hotels along OC’s coast from Huntington Beach to Dana Point have spas, have rejuvenated them recently, or will add the amenity in the next year. Smaller coastal properties have added fitness areas and programs to emphasize health and wellness.
Spots in the Pop-Up Style Crafted for Adventures
What’s with the old shipping container behind the Irvine Marriott?
Office Market Matures, Pipeline Gives Way to Infill Plans
Orange County’s newest city isn’t so new anymore, least of all its office market.
The expanding amount of data now available to companies to analyze and sometimes monetize is changing how many do business in big and small ways.
It’s a landlord’s market due to the low availability rate for offices. Strong employment growth in Orange County continued to be the primary driver of improving fundamentals. Recently, however, employment growth hasn’t translated into positive net absorption, driven by transitory factors that will dissipate over the next several quarters.
The Orange County industrial market remained tight at the end of the third quarter, which has been the theme for the past 12 to 18 months as vacancy declined. Market conditions remained overly favorable to owners with available space.
The Orange County retail market’s persistent struggles are lack of space, growing lease rates, and limited development projects. Previous quarters have continued to show gradual improvements in fundamentals, though the region has remained relatively flat since the early years just after the recession.