Hartford Business Journal

August 29, 2016

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G R E AT E R H A R T F O R D ' S B U S I N E S S N E W S w w w. H a r t f o rd B u s i n e s s . c o m For more B2B news visit AUGUST 29, 2016 Volume 24, Number 39 $3.00 Subscribe online JOIN US! 'BLACK TIE & BLUE JEANS' ANNIVERSARY EVENT WEDNESDAY, SEPT. 14, 2016 CT CONVENTION CENTER | HARTFORD 20th ANNIVERSARY 19 9 7-2 0 1 6 Index ■ Reporter's Notebook: PG. 5 ■ Week in Review: PG. 6 ■ The List: PGs. 14, 16 ■ Town Profile: PG. 19 ■ Movers & Shakers: PG. 19 ■ Opinion & Commentary: PG. 20 Meetings & Conventions Guide This week our expanded focus section looks at the state's and region's convention and meetings industry, including trends impacting local event planners. PG. 11 Filling Spaces Connecticut's apartment market, its strongest since the late 1980s, continues to experience tight vacancy despite new construction/conversions that are slowing the pace at which landlords can lift rents. PG. 3 Building Bioscience A N H B J S E R I E S O N C T ' S B I O S C I E N C E S E C T O R Heart Preserver Researchers work at Lipid Genomics' lab in Farmington, near UConn Health's campus. H B J P H O T O | J O H N S T E A R N S H BJ's series on Connecticut's bioscience industry continues this week with a look at Farmington startup Lipid Genomics, which is developing a therapeutic remedy for people who have good levels of the healthy HDL cholesterol, but are still at risk of heart attacks or heart disease due to a genetic variation. Company founder, Anna- belle Rodriguez, brought her research to UConn Health from the John Hopkins Univer- sity School of Medicine because of the state's bioscience investment. PG. 9 Lipid Genomics searches for therapeutic cure to genetic heart defect Latest bankruptcies highlight nursing homes' continued struggles By Matt Pilon mpilon@HartfordBusiness.com F ollowing a wave of Connecticut nursing home bankruptcies and receiverships earlier this decade, the sector's finan- cial woes don't appear to be easing. Industry representatives say stagnant Medicaid rates and a shrinking number of nursing-home residents — partially fueled by state policy — remain key drivers in the steady decline of both nursing homes and licensed beds in Connecticut. Financial challenges have already shut- tered at least two nursing homes this year, and last week West Hartford's Hebrew Health Care filed for Chapter 11 bankruptcy reorganization. "The underlying issues remain present over Continued on page 14 West Hartford's Hebrew Health Care is looking to transfer its nursing home to another operator. H B J P H O T O | G R E G B O R D O N A R O

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