Canada rules give funding relief to pensions
OTTAWA—Canada’s federal government has instituted new rules to provide temporary funding relief for defined benefit plans with pension deficits. The new regulations will set out a range of options to help plan sponsors fund pension
Planned UH center receives gift
ColorMatrix CEO John Haugh makes a seven-figure donation to help create a Heart Valve Center at University Hospitals Case Medical Center
Cooperation a must to restrain health costs
Speakers at a Cleveland Clinic summit discuss what it will take to abate skyrocketing increases in medical costs
Timken promotes two
The Canton-based manufacturer appoints execs to senior vice president positions
Myers Industries' profits climb
The Akron-based manufacturer says its net income jumped 22% during the third quarter
Penton to be sold in $530M deal
Backed by high-profile investor Bruce Wasserstein, New York-based Prism Business Media Holdings plans to acquire the stock and debt of the Cleveland business media company
Orthopedic boom continues
More active lifestyle in aging population and improved surgical techniques lead to local hospitals beefing up their operations in order to keep pace
Another piece added to VA puzzle
Doan Pyramid Electric LLC is taking on the financing and construction of a $120 million office tower and parking garage that will support the planned hospital expansion of the Louis Stokes Veterans Affairs Medical Center at University
St. Vincent looking to raise cash for revamped ER
The downtown hospital, which primarily serves downtown residents and workers and the poor, is overhauling its 1960s-era emergency room to make it more conducive to today’s technology and health care standards
Medical firms brace for cuts in power device reimbursement
Invacare Corp. and other medical equipment companies are bracing for a substantial impact to their bottom lines as the federal government moves forward on its promise to slash payment for power mobility devices

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