Hartford Business Journal

4 Hartford Business Journal • October 16, 2017 • www.HartfordBusiness.com Briefs Coltsville National Park establishes visitor center site Coltsville National Historic Park in Hartford reached another milestone with the establishment of a new visitor center site. The developer of the former Colt manufacturing complex and a National Park Service representative signed an agreement last week for the donation of two brownstone buildings that will ultimately be transformed into a visitor center at the park. Larry Dooley, the owner of CG Management Company, which is the managing partner for the donor, Colt Gateway LLC, and James Woolsey, superintendent of the Springfield Armory in Coltsville National Historic Park, signed the pact at Dooley's office. The collection of buildings and neighborhood in the city's South End — known as Coltsville, where Connecticut manufacturer Samuel Colt assembled his handguns and housed his workers — were designated as Coltsville National Historic Park in Dec. 2014. Although the donation of the buildings meets the final condition needed to establish the national park, conducting environmental assessments and redrawing property boundaries has to occur with the upcoming property transfer, Woolsey said — a process that could take up to a year. In the meantime, the single-story brownstone buildings, which are in poor condition, will be stabilized immediately, with the redesign and restoration expected to take several years, he said. CT Children's physician group taps Boston exec as president Farmington's Connecticut Children's Specialty Group has named a top Boston doctor as its new president. Dr. Glenn Focht will begin his new job Dec. 4. He has close to 20 years of experience as a physician and healthcare clinician and administrator. He comes to Connecticut Children's Medical Center from Boston Children's Hospital where he was the chief medical officer for the Pediatric Physicians' Organization at Children's. During his time in Boston, Focht played a pivotal role creating an integrated behavioral health program and helped grow the hospital's primary care network. Before that, he was with the Central Maine Group where he was the first president and physician executive for more than 350 physicians practicing 37 specialties, located in 19 communities. New Britain CPA firms merge A pair of New Britain public accounting-tax services firms have merged, creating Mugford & DiBella. Former Mugford & Co. LLC and DiBella LLC were combined, effective Oct. 1, officials said. Deal terms were not disclosed. The consolidated firm at 18 Vine St. provides a range of accounting, bookkeeping, payroll and financial services, for businesses and individuals, according to principals/certified public accountants Andrew Rosenberg Steve Gitberg and Brian DiBella. Farmington startup nets $4M for cancer diagnostic test Farmington's Bioarray Genetics, a personalized medicine startup, will use $4 million in new financing to bring its first cancer diagnostic product to clinicians. Housed in UConn's Technology Incubation Program (TIP) in Farmington, Bioarray uses molecular diagnostic techniques to develop predictive cancer treatment testing. The startup said it has received the Series B equity financing from Quark Venture and GF Securities through their Global Health Science Fund and Connecticut Innovations, the state's quasi venture capital arm. The product, dubbed BA100, is a diagnostic test for breast cancer that has the potential to spare patients exposure to ineffective chemotherapy and unnecessary toxicity, said Bioarray's CEO and founder Marcia Fournier. Hartford Yard Goats promotes GM Restall to president The Hartford Yard Goats promoted General Manager Tim Restall to president as part of a slew of senior-level promotions. Mike Abramson replaces Restall as general manager. In addition, Josh Montinieri and Dean Zappalorti were promoted to assistant general managers. The Yard Goats just finished their first season at Dunkin' Donuts Park in Hartford and attracted 395,196 fans, the most of any professional baseball team in the history of Connecticut. Earlier this summer, Dunkin' Donuts Park was the winner of the "Best of the Ballparks" vote from Ballpark Digest; Ballpark of the Year by Baseballparks.com; and Best Place to see a game by Connecticut Magazine. MIRA, MDC settle long-running plant dispute The state's waste disposal and recycling agency will pay $8.3 million to the Metropolitan District (MDC) to settle a long-running legal dispute over a trash-plant operating contract that spanned nearly three decades. In arbitration since 2009, the dispute between MDC and the Materials and Recycling Authority (MIRA) related to MDC's operation of MIRA's Mid-Connecticut project from 1984 to 2011. MIRA, previously called the Connecticut Resources Recovery Authority, accused MDC in 1999 of overcharging the agency for the operating contract to the tune of $1 million per year. A previous lawsuit and mediation had failed to resolve the dispute. "MDC and MIRA are both pleased that this matter has been resolved on equitable terms," the two quasi-public entities said in a statement. They said the settlement covers project costs, including future retiree pension and medical costs. MIRA will pay MDC out of its waste-to- energy plant's reserve fund, which means none of the municipalities that use the plant will be required to pay extra, MIRA said. Week in Review TOP STORY HHC sues Anthem over emergency care reimbursement policies H artford HealthCare is suing the state's largest health insurance company, accusing Anthem of refusing to reimburse it directly for emergency medical services. The lawsuit was filed as both companies remain mired in contentious and protracted contract negotiations following the expiration of their previous deal Sept. 30. Hartford HealthCare filed its suit Oct. 5 in U.S. District Court of Connecticut, alleging that Anthem is violating the Affordable Care Act and state statute by no longer reimbursing HHC directly for medically necessary emergency care. Instead, Anthem is putting the burden on patients to seek reimbursement from the insurer for emergency medical expenses, HHC said. Up until their contract expired, Anthem reimbursed HHC directly for medically necessary emergency care. HHC says that practice should continue despite the two sides no longer having a contract agreement. BY THE NUMBERS 5% The percentage of Hartford area homeowners who were behind on their mortgage payments during the month of July, compared to 5.8 percent a year ago, according to CoreLogic. $3,700 The sum of two political donations embattled film exec Harvey Weinstein gave to Sen. Richard Blumenthal and Rep. Rosa DeLauro in 2016 and 1996, respectively. In the wake of sexual assault allegations against Weinstein, each politician said they would donate their respective contributions to charity. 1 The number of women who have been tapped to head one of United Technol- ogies Corps.' business units, following Judy Marks' appointment as president of Otis Elevators. $13.6M The estimated cost of repairs the Federal Aviation Administration wants Pratt & Whitney to make on some of its geared turbofan engines that may have cracked seals. TOP 5 MOST READ On HartfordBusiness.com • CT selects cities to pitch locations for Amazon HQ2 • HHC sues Anthem over emergency reimbursement procedures • UTC hires first female president at Otis • Hartford Yard Goats promotes GM Restall to president • Hartford meetings on bankruptcy implications Oct. 19 STAY CONNECTED For breaking and daily Greater Hartford business news go to www.HartfordBusiness.com HBJ on Twitter: @HartfordBiz HBJ on Facebook: www.facebook.com/HartfordBiz Daily e-newsletters: HBJ Today, CT Morning Blend www.HartfordBusiness.com/subscribe Weekly e-newsletters: CT Green Guide Weekly, CT Health Care Weekly www.HartfordBusiness.com/subscribe Tim Restall, President, Hartford Yard Goats PHOTO | HBJ FILE

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