Business Facilities ranks
Louisiana as
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Greetings!
On behalf of the BioDistrict New Orleans Board of Commissioners and staff, we publish our biweekly newsletter about the plans, opportunities and activities of the BioDistrict to help the community understand the vast potential we represent.
Last week, we hosted our Third Annual Luncheon celebrating the post-Katrina advances made in developing another economic pillar that New Orleans can depend on for sustained growth. Cranes and more cranes tell the real story as the momentum builds towards greater prosperity for all New Orleanians!
We ask for your continued support as we help attract thousands of new, high paying jobs, better healthcare and new educational opportunities in a sustainable environment. Building the ecosystem necessary to support this industry is difficult but critical work and will be the reason we will succeed.
Please share this newsletter with a friend, colleague or loved one looking for positive news about the future of New Orleans as the center of Southeast Louisiana's Super-Region and the emergence of a fourth pillar to our economy.
Sincerely, James P. McNamara President & CEO |
Resounding success -- 400+ attended learning more about the BioDistrict Master Plan and Implementation Steps!
Third Annual BioDistrict Luncheon
 | | BioDistrict New Orleans: Accelerating Economic Opportunities for New Orleans |
Creating Opportunities in the
Innovation Economy for New Orleanians
Too many of our children have left because they couldn't find a job in New Orleans.
Mr. Tom Murphy, the former three term Mayor of Pittsburgh said success is within our grasp, if we choose to invest. He sees no reason for delay and believes it is all a matter of commitment.
Mr. Dave Dixon, applauded the BioDistrict Master Plan as the logical next step of the Citywide Master Plan citing the creation of jobs and livable communities as key to future prosperity in New Orleans.
A number of elected officials were in attendance:
Councilwoman at Large Jackie Clarkson,
District A Councilwoman Susan Guidry, and
State Representative Jared Brossett
Table Sponsors:
PPO Plus
Bright Moments
Business Council of New Orleans and the River Region
Downtown Development District
Entergy Thermal
Jones Walker
New Orleans BioInnovation Center
The McDonnel Group
Sizeler Thompson Brown Architects
Waggonner & Ball Architects
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Harnessing Big Data to Improve Healthcare
BioDistrict looks to leverage location, workforce, local data set and university science to super charge new economic development opportunities.
Big Data is the ability to collect, process and interpret massive amounts of information and is one of today's most important technological and economic drivers. There is an emerging new industry made of companies that see healthcare as the biggest potential area of application. 
Healthcare has historically been delivered by direct communication between doctor and patient limited to the various diagnostic tests prepared following the initial interview. Today, doctors are required to maintain electronic health records (EHR) on their patients.
What's the Future
On any given day the staggering amount of data collected defies human comprehension. Current estimates of 2.5 quintillion bytes of data are created daily. Ninety percent of the data in the world has been created in the last two years and it is getting bigger and more ubiquitous every day. Hospitals, medical centers, hospital systems, doctors, pharmaceutical, biotechnology and medical device companies comprise a trillion-dollar healthcare industry that amasses terabytes and often times petabytes of both structured and unstructured data on everyone. Unfortunately, not enough of this deluge of big data has been systematically collected and stored, and therefore this valuable information has not been aggregated, analyzed, or made available in a format to be readily accessed to improve healthcare.
McKinsey Global Institute recently estimated that if the United States healthcare industry would create $300 billion annually in value if it were to effectively use the growing volume of big data to increase efficiency and quality. Most of this would come from helping reduce healthcare expenditures by almost 8 percent.
Improved Outcomes
Healthcare big data requires advanced technologies to efficiently process the data within a tolerable elapsed time, so organizations can create, collect, search, and share data, while still ensuring accuracy and privacy Algorithms and intelligent analytics can be applied to track outcomes for clinical and surgical procedures, including length of stay, readmission rates, infection rates, mortality, and comorbidity prevention. It can also be used to benchmark effectiveness-to-cost models.
Innovative companies are now learning how to mine the data and unlock this untapped information. One local New Orleans start-up, Better Day Health has developed software that acts as both a clearinghouse and repository of data coming from different doctors, clinics, hospitals and researchers all for the patients benefit. The goal is to standardize and aggregate large-scale clinical data from their subscribing member health systems in their ever-growing national network and provide a more efficient process.
The goal of the BioDistrict is to attract more companies and new investment in the healthcare industry to accelerate research and improve healthcare delivery through real-time human health data exploration using advanced mathematics and computing technology.
Mindful of a patient's privacy, a HIPPA-compliant privacy framework will also strip all patient identification from the data. This enables healthcare leaders to compare how treatment factors affected outcomes-without violating patient privacy-across millions of patients and clinical records.
By finally accessing healthcare big data business can be run more effectively, and healthcare provided more economically.
LEARN MORE ABOUT A NEW BIODISTRICT\BLOOR GROUP WEBINAR SERIES ON BIG DATA
Starting in January 2013
  
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BioDistrict Jobs
Healthcare Information
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As more healthcare providers shift to electronic healthcare records systems, the job of medical records and health information technician has become both more complex and more important to healthcare businesses. Those with the training and ability to oversee and operate healthcare records systems are expected to be in demand, although the type of training employers are looking for may become more stringent for some.
An aging population is leading to an explosion in the number of jobs in the healthcare industry, and the field of medical records and health information management is one of the fastest growing. Although duties vary, a person working as a medical records and health information technician can expect to handle the following types of jobs:
- Creating and maintaining patient records, ensuring they are complete, timely and accurate.
- Maintaining patient information for use in databases and registries.
- Using classification codes to work with insurance companies for reimbursement purposes.
- Tracking patient records to assess the quality of their care.
- Helping ensure patient health information is secure.
Jobs in the New Orleans area range from medical record coders to IT Managers:
- Average Salary in New Orleans (As of Oct 23, 2012): $31,000 - $100,000
- Available Positions to be filled in the New Orleans Area: 84+
- Training Programs:
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BioDistrict New Orleans: In the News
BioDistrict New Orleans recognizes the growing emphasis on science, health and quality jobs
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October 21, 2012 Bio District WDSU-TV
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October 22, 2012 Bio District WVUE-TV
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October 23, 2012 Bio District WWL-TV
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NOLA.com By Mark Waller, staff writer citing redevelopment projects in his home city like the conversion of a vacant industrial plant into offices for Google, exhorted New Orleans business and government leaders on Tuesday to stay committed to redeveloping a major section of the city's core.
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$2 million grant expands minority access to cancer trials
Coordinators with expertise in cultural sensitivity will assist physicians in identifying patients who qualify for enrollment into cancer treatment trials, and work with patients and family members to answer questions about clinical research.
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BioDistrict New Orleans: In the Community
BioDistrict New Orleans recognizes the growing emphasis on science, health and bioethics
 Announces the winner of the $5,000.00 Turner BioChallenge Congratulations to Ben Cappiello and Shuchi Khurana:  | |
Click to learn more
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Biotech Firm Wibi+Works receives $400,000 grant for arthritis treatment CityBusiness By Maria Clark -- BioDistrict based, Wibi+Works, LLC has been awarded $400,000 from the National Institutes of Health to continue work on a stem cell-based therapy to treat rheumatoid arthritis. Wibi+Works, LLC is a two year old company with offices in the BioInnovation Center. The firm was founded in May 2010 to quickly advance a unique patent-pending technology for safe and effective cell therapies that target hard to treat inflamatory diseases. For more information: Wibi+Works |
 | | BioDistrict strategic plan proves the leadership to grow! |
DID YOU KNOW?
Bio New Orleans is growing and adding to our industry network and new facilities. Recently, the New Orleans BioInnovation Center celebrated its 1st Anniversary!
Once a dream, today the incubator is home to 29 companies employing over 47 full-time and 36 part-time positions in the emerging biosciences industry in New Orleans and Southeast Louisiana's Super - Region.
BioDistrict New Orleans created a special group on LinkedIn called Bio New Orleans where professionals and employers can post job opportunities, discuss research findings or industry trends and network with other professionals in the biosciences industry. The aim is to create a bioscience community for job opportunities, discussions and networking.
More than 500 multi-disciplined professionals have already joined. Some are locals, some ex-pats and some have never been to New Orleans and are sharing in our growth and want to stay in touch. This is how industry hubs are formed, thrive and take on a life of their own. Are YOU in the game or on the sideline? |
For more information, please visit www.BioDistrictNewOrleans.org
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Meetings, Conventions and Conferences
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BioDistrict Quick Links
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We Are Social
Stay in touch:
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BioDistrict New Orleans has it's own channel. Subscribe today for updates!
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BioDistrict
1515 Poydras St
Suite 150
New Orleans 70112
Come by to see
renderings of the new
proposed developments within the BioDistrict
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Vision and Value Proposition for New Orleans: |
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In 20 years BioDistrict New Orleans (the BioDistrict) will become a thriving and highly livable business, education, science and health destination.
The BioDistrict will be known for its walkable scale, new and historic neighborhoods, excellent schools and services, accessible open space and transit, and a range of stable, well- paying bioscience and health industry jobs.
The BioDistrict will become a national model for urban revitalization and the Built Environment for healthier living, job creation and economic development.
With visionary leadership and long-term commitment, the BioDistrict can expect a host of economic benefits through the successful implementation of the Action Plan, including:
* Direct and indirect job creation 34,000 jobs
* Construction jobs 3,600 jobs
* Local Economic investment $3.3 billion
* Increased local personal earnings $2 billion
* Increased local tax revenue $1.4 billion
* Increased state tax revenue $1.9 billion
* New and renovated buildings 11.6 million
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A STRONG FOCUSED SCIENCE BASE THAT IS GROWING + Positive Business Environment
Top Rankings
Just Released: 16 Years and Counting: #1 - Xavier University graduates more pre-med students that actually attend medical school than any other university in the country ------ |
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District Demographics
Transparency and predictability are critical issues for individuals and businesses thinking about investing in a community. We are making available data about the District and the area around us. We invite you to follow the link and customize your query.
 | | Select Biodistrict |
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HOUSING 
An array of beautifully transformed homes of all sizes offer flexibility and comfort to anyone from artists, researchers, families and singles. Most of our units are conveniently located by employment opportunities and have easy access to public transportation.
 | | Click on the above image for more information |
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Click on the above image for more information
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CAFES AND RESTAURANTS
 | | PJ's on Poydras 1515 Poydras Street |
and
Ur Way Yogurt & Coffee
in the BioDistrict
3001 Tulane Ave
Shops at the Crescent Club
Great treats and good eats! Free WIFI for customers.
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| SPECIALIZED FACILITIES
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Real-Time
Construction Cam
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New Orleans
BioInnovation Center
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Rev. Avery C. Alexander, Jr. Academic Research Hospital
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Louisiana Cancer Research Consortium
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Click here for more information on the BioInnovation and the LA Cancer
Research Centers.
opportunities and partnerships.
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Partners In Trade
 | | The BioDistrist is a Founding Member of the Workforce Collaborative |
 | World Trade Center
New Orleans |
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NEWCITY Neighborhood Partnership is a coalition of over 50 stakeholders in the Treme/Lafitte and Tulane/Gravier neighborhoods of New Orleans.
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 | | Core Element supplies teachers with the tools to ensure students will be ready for the opportunities ahead. |
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