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Four Chicago-area hospital CEOs talked frankly about how rising health care costs are driving industry developments, including the push toward population management and the need to cut expenses across entire health systems.
Though demand for nursing homes is expected to grow over the next couple decades as baby boomers age, their future profits depend heavily on Medicare and Medicaid government health care programs, which could face cutbacks amid deficit-cutting efforts at the federal and state levels.
Lyrics courtesy of the Centro Autonomo of Albany Park.
Also: Average annual health insurance premiums for Illinois families soared from 2003 to 2011, but the increase was less than the national average, and the state's nationwide ranking in overall health sticks at No. 30.
Also, a Lakeview building that;'s to house Waffles' second location is poised to sell for $3.7 million, and a company is moving its headquarters to Aurora from Channahon.
Also, a Gold Coast apartment building is refinanced with a HUD loan, and Lululemon Athletica plans a Deer Park store.
A half-dozen companies have landed $11.6 million in funding since 1871 opened seven months ago.
Elk Grove company develops conveyer systems to make warehouses faster.
Crain's analyzed data from the U.S. Bureau of Labor Statistics to determine which industries are gaining and losing jobs as part of its ongoing look at Chicago employment.
(AP) — Conn-Selmer will move the work from La Grange to a plant in Elkhart, Ind., where the company is based.
An apartment landlord has decided to sell 87 units at Polo Tower that it acquired in 2005 after a developer liquidated.
Also, Blackhawks captain Jonathan Toews cuts his asking price on a condo at the Chandler, and a Bucktown home is listed for nearly $2.8 million.
(AP) — The Lisle-based heavy truck and engine company said it needs to focus more intensely on areas that more quickly contribute to its goal to improve its return on invested capital.
The venture capital will help the West Loop software company hire its own salesforce instead of relying solely on partners.
Mondelez International Inc. and the National Association of Realtors join Microsoft, Nike and PepsiCo in launching their own startup accelerators, gathering small teams of entrepreneurs for a few months of intensive focus to either turn their ideas into viable companies or fail quickly. Find