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Newsletter
April 2018 Highlights
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Health Week Recap
HealthX
On April 20th, The Valley Economic Alliance hosted HealthX at Adventist Health Glendale's Main Auditorium. The health and wellness conference was lined up with presentations and demonstrations covering everything from the economic future of healthcare to kinesiology taping.
Mayor Zareh Sinanyan welcomed HealthX back to Glendale stating, "Three major hospitals in Glendale employ over 4,500 people. And that doesn't include the dozens of smaller practices of healthcare professionals that call Glendale their home. The point is: healthcare thrives in Glendale, which is why it's not surprising to see the future of healthcare here in this room. I mean, look around. We have policy drivers, tech innovators, and people who save lives on a day-to-day basis. That is astounding."
Santiago Munoz from UCLA Health opened the presentations by discussing the chaos in the Health Care Market. The result of good healthcare for consumers will result in payment struggles for hospitals overtime. The fact is, the more people are covered by public insurance the less hospitals collect. In order to continue providing the best care, hospitals must shift from a volume based to a value based system of care. This means investing in the best doctors to treat the right type of patients at the right level of care. This along with the development of community
partnerships will enable hospitals to better manage care.
Following Mr. Munoz's presentation, Yelena Verba from Concorde Career College demonstrated Kinesiology Taping. The therapeutic taping method was developed in the 70's and works by lifting the skin which stimulates the somatosensory system decreasing pain, facilitating lymphatic drainage, and decreasing inflammation. This method also promotes healing, circulation, and stability in the applied areas.
Dr. Harry Balian of Adventist Health spoke of the benefits of the Transaortic Valve Replacement (TAVR). TAVR is a less invasive procedure to the standard Aortic Valve Replacement procedure and its mortality rate is less than its counterpart. Adventist Health has had great success with TAVR. They have found that patients in need of TAVR are under recognized and underrated because they have not been properly diagnosed.
Dr. Nimmi Kapoor from Cedar Sinai Medical Center closed the presentations, speaking of the benefits of 3D Mammography. As opposed to 2D Mammography, 3D scans through the breast making it easier to spot cancer. She also spoke of the benefits of Genetic Testing. While many are cautious of genetic testing, Dr. Kapoor urged not to be scared, but to be aware. There are many benefits of knowing more about your genes so one can take action and control of some of the risks.
The event concluded with a panel session with presenters and questions from the audience.
Event sponsors included Adventist Health Glendale, Concorde Career College, UCLA Health and Cedars Sinai. Media sponsors included Le Huff Studio, Daily News and San Fernando Sun.
Photo 1: From left-top; Event Mistress of Ceremonies Ramella Markarian with Glendale Adventist Health; Randy Witt, Chairman of The Valley Economic Alliance; Kenn Phillips, President and CEO of The Valley Economic Alliance, Angela Amirkhanian with The Valley Economic Alliance.
From left-bottom; Dr. Harry Balian, Dr. Nimmi Kapoor, Dr. Yelena Verba and Santiago Munoz.
Health Expo and Career Fair
The Valley Economic Alliance and Los Angeles Valley College hosted the 2018 Health Expo and Career Fair at Valley College's Student Union Plaza on April 25th. More than 100 exhibitors and hundreds of attendees enjoyed the eventful day.
T
he Health Expo promoted good nutrition, healthy eating and adopting an active lifestyle. The expo offered free onsite health screenings such as blood pressure, BMI and HIV. Premier health providers and wellness based businesses exhibited resources, services and products.
The Career Fair offered attendees and Valley College students the opportunity to meet and network with employers and explore a variety of career paths and industries.
Event sponsors included Los Angeles Jewish Home, Costco and Daily News.
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TechX
Thursday, June 7, 2018
TechX
is set for Thursday, June 7th at Los Angeles Pierce College's Great Hall; a TEDX style program that features presentations and demonstrations on the latest and most innovative technology products, solutions and current technology industry practices.
We are currently seeking speaker and demonstrator sponsors to discuss a technology focused topic of choice and expertise at the event. Please email [email protected] for more information.
Visit
www.tinyurl.com/TechX18 for tickets and registration. Tickets include breakfast and a goody bag. Presenters to be announced.
SPONSORSHIP PACKAGES
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1,500 Students Discover Careers in Aviation at Van Nuys Airport
1,500 area students had a unique and exciting opportunity to explore careers in aviation at the
13th Annual "The Sky's the Limit: Aviation Career Day" on April 27th at Van Nuys Airport.
The Valley Economic Alliance, Councilmember Nury Martinez, Clay Lacy Aviation, and Van Nuys Airport partnered and hosted 54 exhibitors showcasing interactive exhibits, 17 static aircraft displays, high-tech video presentations and industry experts. Major event sponsors included Clay Lacy Aviation, Western Jet Aviation and Signature Flight Support.
"In a time when the aviation industry is experiencing a shortage of pilots, air traffic controllers and other aviation fields, it is more important than ever to introduce aviation to our students," said City of Los Angeles Councilwoman Nury Martinez.
Van Nuys Airport Manager, Flora Margheritis added, "Whatever a student's interest might be, we have it in aviation. Students can pursue careers in mechanics, accounting, marketing and much more."
"This is a fantastic event that introduces youth to the many professions and opportunities available in aviation, many of which can be found right here at VNY," said Jim Hansen, Owner and Founder of Western Jet Aviation.
Students participated in a panel discussion, "How to Enter a Career in Aviation", hosted by Aerolease/Aeroplex which included industry professionals that offered up insider tips based on their career experiences. Aircraft display highlights included a U.S. Navy F-18, NASA Armstrong Research Center BE-20 King, a rescue helicopter from the Los Angeles Fire Department, and a WWII-era Condor Squadron AT-6, among several others. Industry experts, including personnel from LAFD and Airport Police, were onsite to answer questions and talk about their careers.
Participants were also treated to a behind-the-scenes look at the history and daily operations of VNY, one of the world's busiest general aviation airports.
Source.
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CannaBiz Program and Webinar
Wednesday, June 27, 2018
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Kenn Phillips meeting with Alliance Boardmember Kristy Lazur, Vice President of Human Services with
Maximus.
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The Valley Economic Alliance partnered with USC Civic Engagement to host the 2018 Economic Development Summit at USC's School of Cinematic Arts on April 26th.
Pictured is City of Los Angeles District 9 Councilmember, Curren D. Price Jr. |
Kenn Phillips with Los Angeles County Assessor Jeffery Prang at
VICA's
Congressional Luncheon on
April 4th at The Garland.
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Grand Opening of the Panorama City Chamber of Commerce Business Center on April 6th.
Pictured in center are Chamber President Saul Mejia and Los Angeles City Controller Ron Galperin.
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At the book signing and presentation of
"The Secrets of High-Growth Companies-10 Methods to Double Your Business in Five Years" by Marc Emmer on
April 12th at the
College of the Canyons.
The event also included a panel discussion on value creation featuring other successful entrepreneurs.
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In the News
Community of Business
San Fernando Valley Business Journal
Photo 1: Yelena Verba, licensed physical therapist and director of the physical therapy program at Concorde Career College, demonstrated the use of kinesiology tape for alleviating muscle injuries during The Valley Economic Alliance's HealthX event on April 20 at Adventist Health Glendale. Photo credit: Le Huffe Studio.
Photo 2: Four local health experts took questions during The Valley Economic Alliance's HealthX event on April 20 at Adventist Health Glendale.
From left; Santiago Muñoz, Chief Strategy Officer, UCLA Health; Nimmi Kapoor, MD, FACS, Cedars Sinai Medical Center; Yelena Verba, BSPT, DPT, Physical Therapist Program Director, Concorde Career College - North Hollywood; Harry Balian, MD Cardiologist, Adventist Health Glendale. Photo credit: Le Huffe Studio.
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Valley Economic Forecast
Wednesday, May 16, 2018
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Save the Dates
Board of Governors Meeting and Steve Allen "Excellence in Education" Awards
Wednesday, May 16, 2018
5:30pm-7:30pm
Mustang Room, Galpin Motors
*invitation only
Armenian Owned Business Roundtable with Assemblymember Adrin Nazarian
Thursday, May 31, 2018
6:30pm
Los Angeles Valley College
*invitation only
TechX
Thursday, June 7, 2018
8:00am-11:00am
Great Hall, Los Angeles Pierce College
CannaBIZ Program and Webinar
Wednesday, June 27, 2018
8:00am-11:00am
San Fernando Valley Arts and Culture Center
Annual Board of Governors Meeting and State of the City Reports
Thursday, August 30, 2018
5:30pm-7:30pm
Cal State University, Northridge
*invitation only
Valley Hackathon IV
Friday, September, 2018
9:00am-4:00pm
Glendale, CA
"Hero Hired" Career and Resource Fair
Thursday, October 11, 2018
9:00am-2:00pm
Los Angeles Valley College
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In the News
Metro Ruling a Wild Card
By Mark Madler
Business owners in Van Nuys who have worked for months to avoid the loss of their locations to a public transit project appear on the brink of victory. But now other nearby businesses may be at risk.
Los Angeles County Metropolitan Transportation Authority plans to build either a light rail or bus rapid transit system between the Orange Line station near the intersection of Van Nuys Boulevard and Aetna Street and the Metrolink station in Sylmar. If the agency decides to pursue the rail project, it would need a storage and maintenance yard for the railcars, and last year announced several possible locations.
A railyard near the Orange Line stop, known as Option A, would have displaced an estimated 186 businesses on 58 parcels of property. Many of the business owners banded together last year to voice their opposition to that option.
Peter Scholz, owner of Showcase Inc., a cabinet manufacturer at 14815 Oxnard St., said that while his understanding is that the area where he is located is the least likely to be chosen for the railyard, he is not going to feel comfortable until a final decision is made.
Owners that he knows are all in a wait-and-see mode, not wanting to do improvements to their building if there is a chance they may lose it, Scholz said.
"We are all on standby with our fingers and toes crossed," he added. "I don't know what else we can do."
The Metro board is scheduled to decide in June on which option they will go with.
Metro spokesman Dave Sotero said that if the board takes the light rail option, then it will have to find 25 to 30 acres of land for the railyard.
"Any needed property acquisitions wouldn't occur for approximately two years," Sotero wrote in an email to the Business Journal.
Alternate location
Option B, which includes 37 parcels, is located south of the Metrolink tracks near Keswick and Raymer streets, while Option C, which includes 42 parcels, is located north of the Metrolink tracks near Arminta Street.
Stuart Waldman, President of the Van Nuys business advocacy group Valley Industry & Commerce Association, questioned whether Metro was ever serious about Option A.
When dealing with a public project such as this one, residents must be made aware of all the options under consideration, Waldman said.
"You have to give notice and so they did, but I don't believe it was ever really a serious option," he added.
Kenn Phillips, President and CEO of
The Valley Economic Alliance, said he was told by a Metro official that the agency was leaning toward Option B. It is an area made up of auto body shops, small manufacturers, distributors of heating, cooling and other industrial equipment, granite and marble wholesalers, a recycling center and a topless sports bar.
That location makes the most sense engineering-wise because it is close to Van Nuys Boulevard and there is no need to create elaborate turns to be able to store and do maintenance on the railcars, Phillips said he was told. But he added that it "didn't make sense to wipe out all these different businesses."
The Alliance is planning to conduct a survey of the businesses in the area that Metro would need for the railyard. Phillips said he did not know how many businesses would be displaced or the number of jobs that would be lost.
"You can have one lot with multiple businesses in a building," Phillips said.
He also was not aware whether business owners were aware of Metro's plans. Any outreach may have been limited to passing out fliers for five community meetings taking place late last year, he explained.
"Maybe the owner of the building gets the information, but the tenants don't necessarily get the information," Phillips said.
Bob Perret, Chief Executive of Diversified Environmental Catalysts, a manufacturer of catalytic converters at 14645 Keswick St., was among those owners not aware of Metro's plans.
Perret only leases the property where his company operates.
"From my standpoint, I'd have to negotiate something with (Metro) to help with the cost of the move and so forth," he added. "I'm sure they'll be prepared to do that with all the businesses around that area."
If the Metro board chooses light rail, groundbreaking on the project would be in 2021 with completion in six to eight years. The cost for the entire rail line is estimated between $1.3 billion and $2.7 billion, depending on the number of stations and if any are underground.
Waldman, of VICA, said that the group will soon start a campaign to get residents and other decision makers to push the Metro board to choose light rail.The group supports a 14-stop system in the center of Van Nuys Boulevard.
Source: San Fernando Valley Business Journal, April 30, 2018
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Your Success Is Our Business!
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The mission of The Valley Economic Alliance is to elevate the economic vitality of our five-city region by assisting
the San Fernando Valley in business, education, & government.
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