Daily Business Report/Nov. 18, 2016
The Jacobs Medical Center resulted from $100 million in gifts from Joan and Irwin Jacobs. (Photos: UC San Diego Health)
UC San Diego Health to Open
Jacobs Medical Center on Sunday
World-class facility offers patients
leading-edge cancer, stem cell and surgical therapies
UC San Diego Health will open Jacobs Medical Center, a 245-bed medical and surgical specialty hospital, on Sunday — named in recognition of $100 million in gifts from Joan and Irwin Jacobs.
The 10-story facility combines renowned physician-scientists and care teams, precision medicine, clinical trials and creative arts and culinary offerings to provide an extraordinary healing experience for patients and families.
“Jacobs Medical Center represents a tremendous investment in the future and will transform health care for our region,” said Pradeep K. Khosla, chancellor of UC San Diego.
Designed by CannonDesign, and built by Kitchell, the $943 million, 509,500-square-foot facility represents the seamless integration of advanced imaging and surgical technologies with comforting environmental elements to speed healing. As the region’s only academic health system, patients will have access to leading experts, novel therapies, surgeries and treatment trials only available at UC San Diego Health.
“When we came here in 1966, the medical school was just starting, and there was no hospital,” said Irwin Jacobs, co-founder, former chairman and CEO of Qualcomm Inc. and a UC San Diego founding faculty member. “Today, it’s very exciting to see Jacobs Medical Center open. More and more, we’re learning how to bring results from basic research in biology and engineering to medicine, and to the patient. This medical center is going to show how effective that kind of integrated care can be. Innovations will spread out from San Diego, and go all around the world.”
There are three specialty centers within Jacobs Medical Center: the Rady Pavilion for Women and Infants, the Pauline and Stanley Foster Pavilion for Cancer Care and the A. Vassiliadis Family Pavilion for Advanced Surgery. These pavilions will treat everything from single and multiple births to the most complex malignancies and chronic diseases.
The majority of rooms at Jacobs Medical Center feature floor-to-ceiling windows with panoramic views of San Diego. Inside each of these private rooms, patients will be able to use an iPad to control the room’s environment, such as lighting and temperature, as well as entertainment on their Apple TV. These iPads also allow patients to see photos and biographies of their clinical care team, when their next medical test is scheduled and access a bedside medical chart. This combination of technologies is industry-leading and not offered at other California hospitals.
The Jacobs Healing Arts Collection has been conceived and created by Joan Jacobs, arts advocate and philanthropist. Her appreciation of the intersection of art and healing is incorporated into every space within the hospital, from hallways to patient rooms. It is represented by more 150 individual art pieces, from paintings and sculptures to digital photographs and lithographs, from realism to nature to abstraction. Pieces by internationally renowned artists, such as Damian Hirst and Donald Sultan, are located in most frequently travelled areas of the hospital.
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Reality Changers to Receive
$500,000 Award from AT&T
Reality Changers in San Diego has been selected as one of 18 recipients nationwide that will share in $10 million from AT&T through the Aspire Connect to Success competition.
On Friday, AT&T will present Reality Changers with a $500,000 contribution to support its College Town program, which is helping more than 500 low-income high school students graduate high school on time and prepared for success in college and the workforce.
The Connect to Success Award is part of AT&T Aspire, the company’s signature philanthropic initiative to help students succeed in school and beyond.
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Researchers Say Surge of Mexico-Born
Workers Crossing into U.S. is Over
New research from the University of California San Diego finds the great migration surge of Mexico-born workers crossing into the United States is over—and will remain this way for years to come. Instead, the new migration hot spot will be workers moving from Northern Africa into Europe.
The research by Gordon Hanson and Craig McIntosh of the School of Global Policy and Strategy has ramifications for policy changes in Washington, as well as key regions in other parts of the world.
“The era in which immigration levels are rising in a way that can feel out-of-control appears to be coming to an end in the United States, while it seems to be just beginning in the European Union,” they write in “Is the Mediterranean the new Rio Grande? US and EU Immigration Pressures in the Long Run.”
The paper appears in the Fall 2016 issue of the Journal of Economic Perspectives. Hanson is the Pacific Economic Cooperation Professor in International Economic Relations, director of the Center on Global Transformation and acting dean of the School of Global Policy and Strategy. McIntosh is a professor of economics, and heads the Policy Design and Evaluation Lab.
The paper differs from previous migration research in that it links birth rates to labor supply and demand in order to predict potential migration patterns. In the 1960s, high birth rates for baby boomers in the U.S. ended, causing a sharp decline in working-age individuals 20 years later. During the same period of time in Mexico, the birth rate was more than double what it was in the U.S., which resulted in a far greater number of young Mexican workers in the late 1980s.
“One thing we’re happy to reiterate with this research is that one of the most fundamental concepts regarding the economics of immigration is that, internationally, labor flows are mostly driven by differences in income between countries,” said Hanson, an expert on immigration and labor whose research on U.S.-China trade helped shape the current discussion on global trade. “But we also wanted to address another aspect of economic migration, focused on labor supply and demand. The results led to better predict where migration would likely happen in the future.”
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Sale of Miramar Landing and Clayton Building
Voit Real Estate announced the $23.6 million sale of Miramar Landing, a 131,360-square-foot retail entertainment center, and the Clayton Building, a 39,170 square-foot, three-story atrium office building located in the Miramar area of San Diego.
Voit’s San Diego office represented both the buyer, 8990 Miramar Landing LP, and the seller, Miramar Commercial Center, LTD, in the transaction.
Miramar Landing is currently 100-percent occupied and consists of 13 tenants, including Nickel City Fun Center, Royal India, Scandinavian Designs, Seaside Buffet, and At Ease Games, among others. The previous owner had worked to diversify the retail center’s tenant-base to provide more entertainment-driven options for local consumers.
The Clayton Building is 87 percent occupied and includes a retail component – the ground floor is 50-percent occupied by Sleep Train Mattress Center.
Miramar Landing is located at 8990 and 8998 Miramar Road. The Clayton Building is located at 8996 Miramar Road.
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EPA Awards $90,000 to San Elijo
Lagoon Conservancy for Schools
The U.S. Environmental Protection Agency has awarded an environmental education grant of $90,000 to San Elijo Lagoon Conservancy in Encinitas to improve environmental science education by focusing on nature and conservation through a watershed project.
“We’re delighted to support this project and reach over 1,500 students in protecting the Escondido Creek watershed,” said Alexis Strauss, EPA’s acting regional administrator for the Pacific Southwest. “This project will unleash much youthful energy and creativity in support of our local watersheds.”
The Our Living Watershed project will provide environmental education to children in grades 3, 4 and 5 at four underserved elementary schools in Escondido through field trips, family weekend stewardship events, professional development for teachers, and advanced education trainings for docents and teacher guides.
The program is expected to reach 1,500 students, more than 50 teachers, and 300 family members of students. San Elijo Lagoon Conservancy will be partnering with Central Elementary School, Felicita Elementary School, San Diego Gas & Electric, State of California Coastal Conservancy, and the California Coastal Commission to complete the project.
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Grossmont College Workshop to Gauge
Interest in Drone Technology Program
Grossmont College will sponsor a Nov. 28 workshop — Regional Careers in Unmanned Aircraft Systems — to gauge interest in developing a program in drone technology. The workshop will be held from noon to 2 p.m. in Griffen Gae in Building 60.
Hosted by the college’s Career Technical Education division, the workshop will address how drones are being applied in today’s world, as well as provide an overview of potential careers in the industry.
While other colleges across the nation are offering classes in drone operations and manufacturing, Grossmont College sees its niche in teaching the programming and technology that makes the aircraft function, said Javier Ayala, dean of career and technical education and workforce development. “We want to teach the coding and programming — the computer language like Java that is specific to drones,” Ayala said.
With the increasing commercial use of drones, the job market for the field has the potential to climb to new heights, said President Nabil Abu-Ghazaleh. “The drone is a practical replacement to more costly, polluting and often dangerous alternatives and is a field ripe for mass market development,” he said.
Click here to reserve.
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Qualcomm to Pay Up to $15,000
To Cyber Security ‘Bounty Hunters’
Qualcomm announced Wednesday it will pay a bounty of up to $15,000 to hackers who can find security flaws in the company’s Snapdragon processors, cellular modems and related technologies.
The San Diego wireless giant’s new program is reportedly the first of its kind by a major semiconductor firm.
“Although the vast majority of security improvements in our products come from our internal efforts, a vulnerability rewards program represents a meaningful part of our broader security efforts,” said Alex Gantman, vice president of engineering for Qualcomm Technologies.
Over 40 security researchers who have made vulnerability disclosures in the past will be invited to participate through HackerOne, a San Franciso-based company that coordinates cyber security work.
“The most security conscious organizations embrace the hacker community’s critical role in a comprehensive security strategy,” said Alex Rice, chief technology officer at HackerOne. “With Qualcomm Technologies’ vulnerability rewards program they will continue to build vital relationships with the external security researcher community and supplement the great work their internal security team is doing.”
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Personnel Announcements
Frank Whelan Joins Health Center Partners
Health Center Partners of Southern California, a consortium of community health centers in San Diego, Riverside and Imperial counties, announced the appointment of executive Frank Whelan as senior vice president for finance.
Whelan brings to this new role 15 years’ experience in accounting, audit and finance positions across a diverse range of companies, as well as expertise in financial policy and administration, corporate strategy, business planning, and budgeting management.
As senior vice president for finance, Whelan leads, manages, and directs all financial activities for Health Center Partners and its subsidiaries, which include Health Quality Partners, Integrated Health Partners and CNECT (formerly Council Connections). Additionally, he oversees the development of the strategic financial plan, guides organizational financial reporting, directs the audit and budget processes, and is responsible for establishing and maintaining effective external fiduciary relationships.
Prior to joining Health Center Partners, Whelan served for five years as the treasurer and chief financial officer of Three Rivers Provider Network.