Business

UNC Hospitals denies claims it overbilled Medicare

February 10, 2015

(The News & Observer, Raleigh)

UNC Hospitals will appeal an audit report that shows it overbilled Medicare by about $2.5 million. The federal insurance program is demanding repayment from the health system, but UNC says that 56 of 59 total claims in question were billed correctly.

CLT will become overcrowded without expansion

February 10, 2015

(The Charlotte Observer)

Officials say Charlotte Douglas International Airport is near capacity and passengers will experience delays and congestion if city leaders don't approve a 20-year expansion plan. The airport predicts the number of passengers will grow at a rate that will make it comparable with Atlanta and Chicago O'Hare. Plans call for dozens of additional gates and construction of a fourth parallel runway.

Atlanta's view of Charlotte

February 10, 2015

(The Charlotte Observer)

Charlotte's job growth over the past five years has been twice as fast as Atlanta's, according to a report in Monday's Atlanta Journal-Constitution. The report, which examines Atlanta's economy by taking a look at southern competitors Charlotte and Dallas, applauds Charlotte's investment in redeveloping its center city, which has more than tripled its uptown population.

Cree named among most innovative companies

February 10, 2015

(The News & Observer, Raleigh)

Fast Company magazine ranked Durham-based Cree No. 19 on its list of the 50 most innovative companies in the world. The LED lightbulb manufacturer was the No. 1 company in the energy category. 

ZeekRewards receiver issues second round of claim checks

February 10, 2015

(Winston-Salem Journal)

The receiver in the ZeekRewards.com case mailed out $12.7 million in reimbursement checks to 8,143 claimants on Jan. 31. Kenneth Bell mailed 90,297 checks totaling $134.3 million in September in the first round of distribution checks. Bell says another 75,000 claimants haven't yet completed the required steps to receive a check.

Transylvania Regional moves birthing services to Mission Hospital

February 10, 2015

(Hendersonville Times-News)

Transylvania Regional Hospital will move its birth-center services to Mission Hospital in Asheville beginning March 5. Dr. Jamie Ramsey, one of two OB-GYNs at the Brevard hospital, said the decision was made to provide a safer birthing process, particularly for high-risk pregnancies and babies that need more specialized neonatology care.

 

Groups call for assessment of Chatham Park's impact

February 10, 2015

(The Herald Sun, Durham)

Five groups want the U.S. Army Corps of Engineers to release an economic-impact statement for Jordan Dam and Lake and the Chatham watersheds before granting Chatham Park permits to begin development. 

Charlotte apartment boom could mean higher vacancy rates

February 9, 2015

(The Charlotte Observer)

Charlotte has more than 10,000 apartment units under construction, but some local real-estate executives say higher vacancy rates are on the horizon. That could mean rental rates will level off as competition increases. 

Prince Charles renovation hinges on tax credit

February 9, 2015

(The Fayetteville Observer)

The developer tasked with rehabbing the historic Prince Charles Hotel in downtown Fayetteville is hopeful Gov. Pat McCrory will persuade the state General Assembly to bring back the historic-property tax credit. The credit, which expired Jan. 1, helped redevelop nearly 2,500 properties in the state between 1998 and 2014. 

Burlington, Chapel Hill named nerdiest cities in NC

February 9, 2015

(The Times News, Burlington)

Real-estate blog Movoto ranked Burlington and Chapel Hill among the top 50 "Nerdiest Small Cities in America." The website considered the number of comic-book stores, video-game stores, hobby shops, computer shops and museums in compiling the rankings.