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VOL. TMN-6 | NO. 40 | Saturday, September 28, 2013
Weekly Issue

Affordable Care Act

What you need to know before Oct. 1

On Oct. 1, a new shopping website will launch in Tennessee.

Health Care’s ‘Lost Opportunity’: A Q&A with Phil Bredesen

More than two years after leaving state office, Phil Bredesen, the popular former governor and mayor of Nashville, is still on the go. While enjoying a post-political life in Nashville that includes gardening and grandparenting with his wife, Andrea Conte, Bredesen remains active in promoting bipartisan solutions to issues such as the national debt as a speaker and as a member of the Governors’ Council of the Bipartisan Policy Center, a Washington, D.C.- based think tank.

Editorial: Bottom Line: Health System Needs Reform

Most of us by now have received letters from our employers regarding changes to our health care insurance that affect us now or will affect us in the future.

EMPHASIS Education

Holding Court

University of Memphis law school enrollment holds steady as nation’s declines

As has been reported in national newspapers and business magazines for months, the fall’s law school enrollment nationally is down from this time last year and beyond.

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Smarrelli Works to Enhance CBU’s Return on Investment

Christian Brothers University president John Smarrelli still makes it into the classroom once or twice a semester to lecture on biochemistry.

Private Schools Credit Range of Reasons for Growth

While much of the public’s attention remains focused on the newly consolidated public schools, many of the Mid-South’s privately funded schools are quietly heralding their own milestones and new developments.

SMALL BUSINESS SPOTLIGHT

Junior Achievement Adds Business Savvy to Education

For Kim Cherry, executive vice president of corporate communications for First Horizon National Corp., a panel discussion with Kemmons Wilson Jr. and Pitt Hyde drove home the rich history of the city’s entrepreneurial spirit.

THE MEMPHIS NEWS ALMANAC

September 27-October 3, 2013: This week in Memphis history

2012: Republican vice presidential nominee Paul Ryan raised an estimated $1 million during a private fundraiser at The Racquet Club for the Romney-Ryan presidential ticket. The Memphis stop was one of several fundraisers across the state and included a later gathering at the home of FedEx founder and CEO Fred Smith. In the November presidential general election the Romney-Ryan ticket carried Tennessee. President Barack Obama carried Shelby County.

Crime Prevention

City’s first no-gang zone debuts in Riverside neighborhood

There are lots of teddy bears and other stuffed animals in the Riverside neighborhood declared the city’s first no-gang zone this week by a General Sessions Environmental Court order.

Complaint Alleges Bank of America Discrimination

Bank of America allegedly discriminated against minority neighborhoods and property owners in Memphis in the way it handled bank-owned properties, according to an amended complaint filed with the federal government.

Baptist Begins Construction on $14.1 Million Pediatric ER

Baptist Memorial Health Care Corp. began construction this week on a new pediatric emergency department at Baptist Memorial Hospital for Women.

Early Voting Expands in District 91 Primary

Early voting in the Democratic primary special election for State House District 91 expands Friday, Sept. 27, from the Shelby County Election Commission’s Downtown offices, 157 Poplar Ave., to three satellite locations.

Bryant Touts Delta as Auto Epicenter

A different kind of Detroit comparison was made in the Mississippi Delta this week.

AutoZone Reports Mixed Quarterly Results

AutoZone Inc. arguably has shifted temporarily into the slow lane, but the Memphis-based auto parts retailer is confident its engine still has enough horsepower to outrace the competition.

Economist Outlines US Freight Network at Intermodal Conference

The Intermodal Freight Transportation Institute at the University of Memphis welcomed a distinguished list of guest speakers to its seventh annual Intermodal Freight Conference at the FedEx Institute of Technology Tuesday, Sept. 24.

Conservancy Wants Guarantees on Shelby Farms Parkway

The Shelby Farms Park Conservancy wants to see more work toward agreements about a proposed Shelby Farms parkway, including no big-rig truck traffic, that are its conditions for agreeing to the long-discussed road.

24-Hour Run Supports Haiti Medical Missions of Memphis

The years and the miles are adding up. And there really couldn’t be one without the other. Seventeen years ago, volunteers from Memphis went to Haiti on a short-term mission trip and saw there was a desperate need for health services.

Casting Call

Orpheum seeks theatergoers’ memories for 85th anniversary

One of Pat Halloran’s favorite memories of The Orpheum Theatre Memphis happened back in 1986, when he got the chance to kick around town with Cary Grant for three days.

County Commission Sees Calmer Session

Ruffled feelings on the Shelby County Commission earlier this month were smoothed for the most part Monday, Sept. 23, as James Harvey chaired the second meeting of his yearlong term as commission chairman.

Saddle Creek Growth Sign of Future for City

The Shops of Saddle Creek is in store for a multimillion-dollar makeover and expansion, a project that will likely be the first of several development dominoes to fall in Germantown.

Select Health Alliance Names Sullivant Chief Medical Officer

Baptist Memorial Health Care’s Select Health Alliance has named Dr. Henry Sullivant as its first chief medical officer. Sullivant will lead the physician-led clinical integration project, with the mission to deliver a better insurance care model that will then go to the marketplace as a collaborative effort between a physician group and a hospital.

Next Step for Harris is Consulting Venture

After stints as a digital media coordinator and technical writer for a handful of companies, Nicole Harris has decided to launch a digital media consulting business to pursue the work she loves full time – while also filling a need she keeps seeing go unaddressed.

Art Showcase

Dixon Gallery and Gardens brings back ‘Made in Dixon’

The Dixon Gallery and Gardens is promoting the work of a distinctive group of artists for the next several weeks, elevating a fresh set of voices that might not otherwise get a chance to create something to be hung on a gallery’s walls.

Hospital Wing First to Use iTClamp

Memphis-based air medical transport service Hospital Wing is the first aero-medical service in the country to use the new iTClamp hemorrhage control system, following its approval by the U.S. Food and Drug Administration this summer.

City Leaders Outline Pension Crisis Talks

There still isn’t an agreement on the numbers. But the administration of Memphis Mayor A C Wharton Jr. met late last week with leaders of the unions representing city employees about the conclusion in a consultant’s report that the city’s pension fund liability is unsustainable to the tune of hundreds of millions of dollars.

Coopwood Lays Out Future of Health Care

Health care was the hot topic Thursday, Sept. 19, as nearly 150 people gathered in the Memphis Brooks Museum of Art auditorium to discuss the current landscape and impending changes in that field.

Visionary Plan

Southern College of Optometry reconfigures campus in multiple phases

Southern College of Optometry is putting the finishes touches on the first of three phases of major renovations that will take place over the next decade.

Start Co. Retools Website in Push to Evolve

Start Co., a nonprofit working as a hub of public-private efforts to kick-start new entrepreneurial ventures in Memphis, has launched a new website as the group continues to shift from serving as a local startup resource to becoming a more robust venture development entity.

Anthony Praises Progress of City, Hoops Teams

As a point guard at UNLV and in the NBA, Greg Anthony understood that job No. 1 was pleasing those around him.

Citrone: Logistics Not Just for Men

It’s hard to picture Cheryl Burch Citrone, a partner at executive recruiting and consulting firm Vaco Memphis, hanging around railroad tracks or shooting the breeze about shipping lanes and trucks.

Job Training Spurs Unilever Growth

The Unilever USA plant in Covington should be the largest ice cream manufacturing plant in the world by 2016, following an $108.7 million expansion announced last week in Covington.

SPORTS

Expectations, Talent Sky-High for Tigers

Four senior guards. Nine new faces, seven of them belonging to freshmen. A new league, the American Athletic Conference. And a home schedule that will feature games against league foes Cincinnati, Connecticut, Louisville and Temple, and non-conference opponent Gonzaga.

Levien: ‘Real Dialogue’ With Fans Crucial

Last week in The Daily News, we brought you Part 1 of my interview with Grizzlies CEO Jason Levien. He talked about, among other things, ESPN The Magazine naming the franchise as the best in pro sports as just a starting point. He also said the Grizzlies will continue to keep an open mind about further player moves that could help the team.

MEMPHIS STANDOUT

Career Shift Lands Fish in Financial Planning

To hear the way she speaks of Memphis, and to know the many ways in which she works to better her community, one would never guess that Kathy Fish was not born and raised right here.

MEMPHIS LAW TALK

Futhey Cuts Own Path With Solo Law Practice

Malcolm Futhey III recently made a leap of faith by opening his own practice, the Futhey Law Firm PLC, in Midtown.

MEMPHIS NEWSMAKERS

Weddle-West Voted GRE Board Chair-Elect

Dr. Karen Weddle-West, dean of the graduate school, vice provost for academic affairs and director of diversity initiatives at the University of Memphis, has been voted chair-elect of the GRE (Graduate Record Examination) Board. The national board establishes all policies for the GRE program, the most widely used graduate-school admissions test, and oversees GRE assessments, services and research.

REAL ESTATE RECAP

Keystone Landing Complex Sells for $4.6 Million

4266 Ridgestone Road, Memphis, TN 38128, Sale Amount: $4.6 million -
The 150-unit Keystone Landing apartment complex at 4266 Ridgestone Road in Raleigh has sold for $4.6 million.

LOCAL COLUMNISTS

No. 1 in Blue

BLUE IS A COOL COLOR. The warm colors are the reds and yellows – daylight, bright edges, clear boundaries, absolute rights and wrongs, the white-hot heat of righteousness and those who glow in it, sunshine on the surface.

Avoid Competitive Blind Spots

Pop quiz: do you complete a formal competitive analysis at your company a few times a year? Do you have a systematic way to monitor and capture competitive information real-time?

Think Twice Before Picking Retirement Date

Ray’s Take “When I hit age 65, I’m out of here,” is a common enough observation. Global competition, increased governmental regulation and the speed of technological innovation have made working careers more unnerving than ever. That magical number “65” was selected a long time ago when life expectancies were a good bit shorter. We run our retirement models to at least age 95 now. Delaying retirement beyond that magical number of 65 for even a few years can make a significant difference in your financial security.

When Siri Speaks

My smartphone was, of course, in my pocket. Apparently, though, I’d unknowingly pressed the button that activates it. Through my judicial robe and the fabric of my trousers. The lawyer in front of me wound up his remarks. There was a longer-than-normal pause.

The Fed Sets Fed Policy

The Fed has two primary job descriptions. First, keep prices stable. Second, promote an environment of economic growth that provides employment opportunities. Which is more important?

Top Reasons Salespeople Find Failure

The first in a two-part series Whether you’re in the for-profit or nonprofit world, you have a front-line sales team. It doesn’t matter if they are selling products, services or the benefits of donating to your organization – it’s all sales. There are fundamental skills that make or break all salespeople, regardless of the category they represent. Likewise, there are often universal failures among those who don’t find success in the field.

Everyone Needs a Coach to Reach Peak

Kevin Sheridan, CEO of Rutgers Permanent Painting, was considering refocusing his business on selling a new, higher-quality product. What finally pushed him to jump was Mark Green, one of more than 120 coaching partners with Gazelles.

African-American Philanthropy and Museums, Part 2

Part two of a three-part series “While our museums face many challenges, there are as many opportunities. Collectively we need to determine what steps we’re prepared to take and how aggressive we’re prepared to be to ensure the current and future relevancy and sustainability of our museums.”

Beware the Veneer of Success

A friend of mine just got back from India, and we had an interesting conversation regarding work ethic. As an entrepreneur born in India, he came to the United States about 25 years ago, and has had the cultural experience of both India and America.

Four Kinds of Luck

There are the four kinds of luck: Good luck, the random kind that you cannot influence. Good luck, the kind you can influence or help create. Bad luck, the random kind you cannot influence. Bad luck, the kind you create. In this article, let’s focus on the second kind of luck, the luck you can influence.

Let’s Start Fixing City’s Broken Windows

In 1982, two sociologists published their research on the causes of crime and the significance of deteriorating neighborhoods on rising crime rates.

EMPHASIS Architects & Engineers

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 72 206 16,619
MORTGAGES 84 228 21,660
FORECLOSURE NOTICES 21 56 4,322
BUILDING PERMITS 0 209 39,587
BANKRUPTCIES 73 222 15,764
BUSINESS LICENSES 23 51 5,542
UTILITY CONNECTIONS 86 287 23,860
MARRIAGE LICENSES 21 72 5,107

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The Memphis News: Business, politics, and the public interest.