GE Aviation picked for key AF negotiations

Published: Tuesday, September 18, 2012 @ 8:51 AM
Updated: Tuesday, September 18, 2012 @ 8:51 AM

GE Aviation, which has 2,600 employees in the Dayton area, has been selected for negotiations on developing engine technology for the U.S. Air Force.

The technology is not for a production engine, but is a demonstration program that has no announced fighter application yet, a GE Aviation spokesman said. The program will enable GE to address the Air Force’s propulsion needs for improved fuel burn for combat aircraft beyond 2020, the company said.

Development work for what’s called the “Adaptive Engine Technology Development program” will be conducted in the company’s headquarters in Evendale, Ohio. The program focuses on technology for future strike, bomber and tactical aircraft.

Once negotiations are complete and the contract is awarded, GE said it will share the costs of the program with the Air Force.

GE Aviation has 1,400 employees at three local sites — two in Vandalia as well as Unison Industries in Beavercreek — and 9,000 employees in Ohio overall. Counting a credit card operation in Kettering, GE has 2,600 local employees, the company has said.

The company is also building a $50 million, 120,000-square-foot Electrical Power Integrated Systems Research and Development Center (EPISCENTER) on the University of Dayton campus off River Park Drive.

Children’s Hospital plans urgent care north of Dayton

Published: Monday, December 11, 2017 @ 2:59 PM

FILE
FILE

Dayton Children’s Hospital is planning to open a new urgent care center, expanding on its Huber Heights office.

The independent pediatrics hospital stated Monday that it will be adding the center to its current office at 8501 Old Troy Pike “to better serve our families in the northern suburbs.”

RELATED: Here’s how Dayton Children’s will pay for $28M center

Renovation will begin in March and take about three months.

“When opened, this urgent care will provide lower cost, on-demand, after-hours care with pediatric trained specialists for urgent situations,” the hospital stated.

It will have the same hours as its urgent care at Dayton Children’s south campus in Springboro.

RELATED: Area parents told 3-year-old cancer free two days before Thanksgiving

Two years ago, Dayton Children’s built the $6 million, 25,000-square-foot medical office in Huber Heights, replacing another office in the city.

The planned construction project joins a series of recent facility projects by the hospital like the proposed $28 million community health center next to its main campus and the new eight-story patient tower that just wrapped up.

Banks, YWCA Dayton celebrate $1M funding for housing renovation

Published: Monday, December 11, 2017 @ 2:24 PM


            FILE
FILE

YWCA Dayton has landed more funding for its renovation project.

The nonprofit celebrated on Monday its Federal Home Loan Bank of Cincinnati Affordable Program award of $1 million. The funding was received through the Cincinnati Development Fund and KeyBank, and it will help renovate 65 units of permanent supportive housing at the YWCA Dayton.

The funding of $1 milliom, plus a $250,000 KeyBank grant, are included in the $15 million raised for the YWCA renovation campaign. The renovation is expected to cost $17 million. KeyBank Dayton Market and the KeyBank Foundation announced last week it will give the YWCA Dayton a $250,000 grant for its housing renovation.

The first floor of the YWCA Dayton will be transformed into the KeyBank Economic Empowerment Center to provide services that help women and families at the YWCA. The services include job readiness training, financial literacy classes and educational courses.

“Helping our communities thrive is critical work to KeyBank and I can think of no greater urgency than protecting the women and children who come to YWCA Dayton for support,” said Pat McDonald, KeyBank Dayton market president and a 2007 YWCA Dayton Women of Influence Honoree. “Through years of working together, I know what kind of a difference YWCA makes for the Dayton community.”

YWCA Dsayton was founded in 1870, and is the oldest organization serving women and children in Montgomery County. Its flagship building in downtown Dayton was last fully renovated in 1961.

Another Dayton-area independent living project planned

Published: Monday, December 11, 2017 @ 1:33 PM


            Cypress Pointe is planning an expansion of its Englewood campus. MONTGOMERY COUNTY PROPERTY RECORDS
Cypress Pointe is planning an expansion of its Englewood campus. MONTGOMERY COUNTY PROPERTY RECORDS

More independent living units are planned in Englewood as part of an expansion of an existing senior living campus.

Trilogy Health Services has been approved by the city to add 30 more independent living homes by building 15 one-story duplexes at its Cypress Pointe Health Campus.

The Louisville-based company just bought a land for the project next to its 600 W. National Road campus.

RELATED: Beavercreek retirement community plans $18M expansion

Trilogy bought the land for $482,366 in a sale that was recorded by Montgomery County on Dec. 7.

Cypress Pointe already has assisted living, skilled nursing, rehab, respite care, transitional care and memory care among its services.

Trilogy’s other facilities in the region include Village Green Health Campus in Greenville, Forest Glen Health Campus in Springfield, and Wooded Glen in Springfield.

Trilogy declined to comment on the timeline of the project or the cost of the expansion.

Site plans submitted to the city of Englewood show that along with the duplexes, each listed as 1,398 square feet, the campus expansion would also include a new 2,213-square-foot clubhouse.

RELATED: Assisted living facility proposed in Washington Twp.

The Cypress Pointe expansion joins a series of new senior living options either under construction or proposed in the Miami Valley.

The developers are aiming to cater to the area’s aging population. About 1 in five Montgomery County residents were older than 60 as of 2010, but by 2030 nearly 1 in 3 residents are projected to be older than 60.

Some of the recent proposals include CA Senior Living, a Chicago-based developer, is seeking approval for a new location in Washington Twp. with independent living, assisted living and memory care units.

Additionally, in Beavercreek, six separate senior living or retirement communities representing about $100 million in investment are under construction or in the planning phase.

Sale of Premier Health’s insurance line falls apart

Published: Saturday, December 09, 2017 @ 2:52 PM

Here's what you need to know.

Premier Health’s plan to sell its health insurance business has been dropped.

The Dayton-based health care network has lost more than $40 million on its insurance arm over the past two years and had been planning to sell the division to Evolent Health, a Virginia-based health care consultant business.

On Friday, Evolent Health said in a statement that the “two parties were unable to reach terms on the related party agreements” and its plan to buy the insurance business was terminated.

Premier said in a statement that it and Evolent were “required by law to announce their intent to enter into an acquisition agreement early on in the process. Sometimes these acquisitions come to fruition during that process, and sometimes they don’t. We look forward to working with Evolent on our value-based health strategy.”

The insurance division, Premier Health Plan, sold Medicare Advantage plans and commercial insurance plans.

The sale would not have affected member benefit changes for the 2018 plan year.

RELATED: High Medicaid, Medicare use in Dayton increases health care costs

Evolent has partnered with Premier on the health insurance plan since its launch and stated it will continue to provide services and support for the employee self-insured, Medicare Advantage and commercial large group health plans that Premier will continue to own and operate.

“Premier and Evolent look forward to continuing to collaborate on value-based services covered by their present agreement as Premier continues to explore strategic options for its health plan business,” the press release stated.

Premier Health Plan was first announced in August of 2014 and was launched during a difficult time for start-up health insurance businesses.

Hospital systems across the country dove into the health insurance business after 2010 when the Affordable Care Act created a flood of new customers to buy their policies.

RELATED: What you need to know about Obamacare open enrollment

Hospitals like Premier also continue to be pushed by insurers to become more efficient, and by owning their own insurance companies, hospitals were hoping they would reap the financial rewards that would come from being more efficient.

But insurance start-ups proved to be risky endeavors that almost all of these systems lost money on.

Premier, which had $1.77 billion in revenue last year, has lost more than $40 million on the venture from the start of 2016 through the first half of 2017, according to an independent analyst.

Premier Health Plan had been sold on the Affordable Care Act exchanges, but was among insurers that dropped off the exchanges.

“Key aspects of the Affordable Care Act were either not enacted or drastically changed. This had a direct impact on the ability of the health plan to achieve the level of scale needed,” Premier previously stated.