BioDistrict launches new webcast series bringing international exposure to the strengths of BioDistrict based research at our member institutions and partners with the goal of attracting new sources of funding and collaboration. First up was an explanation of the Crescent City Beacon Council (CCBC) and the nation’s first HIE the Greater New Orleans Health Information Exchange (GNOHIE) by Dr. Anjum Khurshid, Director
Improving patient care remains a top priority for America’s healthcare organizations, but for one New Orleans institution, that bar wasn’t high enough. Last year, the Louisiana Public Health Institute embarked on a comprehensive program, called the Crescent City Beacon Community (CCBC), to improve the overall health of the greater New Orleans community. Still in the early stages, the project has already received national recognition for excellence, and is being considered as a model for other major urban centers throughout the country.
LPHI’s director, Dr. Anjum Khurshid explained the component parts of CCBC which is the foundation of which is the Greater New Orleans Health Information Exchange (GNOHIE). Inspired by the Affordable Care Act, HIE’s are intended to foster collaboration among and between various health care institutions by providing access to electronic medical records. HIE’s can greatly improve patient care, while also lowering costs, in part by reducing preventable emergency room visits.
Sponsored by the BioDistrict New Orleans, this webcast is the first in a series designed to showcase the exemplary projects taking place within the district.
Host: Mr. Eric Kavanagh, CEO, The Bloor Group
Special Guests: Dr. Anjum Khurshid, LPHI and James P. McNamara, BioDistrict New Orleans
Director of Health Systems, Louisiana Public Health Institute
Join us as we embark on an exciting new vision for economic development, innovation, urban revitalization and job creation.
The BioDistrict New Orleans Master Plan stretches from today’s reality to world-class state of the art research and medical facilities. Two of those facilities have been recently completed and two, the Veterans Medical Center and the University Medical Center, are currently under construction. They are forming an entire new industry segment of the future. This plan shapes transformative educational, economic and sustainable systems that reflect our community’s values and opportunities based on BioDistrict research of these facilities and the research strengths of our member institutions.
This plan was created by the community under the leadership of the BioDistrict New Orleans and its Board of Commissioners and constituent educational institutions, along with support from other Federal, City, and State agencies. It incorporates vast input from New Orleans residents and private sector experts. It is an innovative plan that represents a new way of thinking about how we create a globally competitive New Orleans economy based on the biosciences by actively supporting and facilitating public and private research partnerships, encouraging entrepreneurship and recruiting outside investment and biopharmaceutical companies within a sustainable built environment.
During the extensive public process that helped shape this plan, we heard our community’s strong desire to create job opportunities for today’s youth that lead to a long-term future – one full of promise that keeps our homegrown talent and intellectual capital here in the New Orleans area.
The BioDistrict Master Plan lays out the road map so that every part of our community can take part in a brighter economic and educational future while helping to physically rejuvenate one of the great urban cities of the world.
You asked for solutions. We believe this plan defines clear and concise steps for implementation to create this vibrant environment and economy.
Please join us in full support of this plan and turning it into realty as we move forward together.
The BioDistrict enabling legislation provided for a powerful set of development tools to encourage the leverage of private investment along side of that of the public investment. The District plans to use this authority to accelerate the creation of more jobs in the bioscience industry.
The range of powers include the power to establish public-private partnerships and joint ventures for the benefit of the Districts. The BioDistrict may contract with private concerns who may be granted leases, right-of-use, or other concessions for contributing private at-risk capital for a particular BioDistrict project or program to construct, acquire, reconstruct,rehabilitate, improve, repair, operate, lease, as lessor or lessee, or enter into contracts for the management and operation of support facilities that are useful, necessary, or convenient, including but not limited parking facilities, hotels, office buildings for researches and medical practices, retail, schools, dormitories, homes for residences for professionals. All for the purpose of developing an industry hub environment.
To assist with the financing of projects, the BioDistrict may issue bonds to fund structures or facilities, including furnishings and equipment thereof and may use any other state law relative to the incurring of debt and the security thereof by a political subdivision.
Exemptions of BioDistrict Projects from Property and Sales Tax
The BioDistrict and any subdistrict created by the BioDistrict is not subject to pay any taxes including but not limited to sales and use tax, ad valorem taxes, income, or any other taxes of any kind or nature, or assessments upon any property acquired or leased by the BioDistrict and any subdistrict created by the BioDistrict, or upon the income therefrom, and any bonds issued and the income therefrom is exempt from taxation by the sate and by parish, municipality, or other political subdivision of the sate.
This Business Plan, which was adopted in principle by the BioDistrict Board of Commissioners, answers the question of why the District is important to the growth of the bioscience industry in New Orleans. This plan evaluates how the District and its member institutions can prosper to be competitive, illustrates the role and management structure of the District, shows the return on investment to both the City and State, and details the steps that must be taken for New Orleans to succeed in this sector. BioDistrict Business Plan
The bioscience industry employs 13.5% of Louisiana workers. The document below provides a breakdown by legislative district – illustrating the impact the bioscience industry already has in Southeast Louisiana.
Southeast Louisiana has a historic opportunity to build a bioscience economy. Unprecedented investment in physical infrastructure is underway. The question before the region is whether employment will be limited to those new facilities, or whether they will serve as a foundation for transforming the region into a significant biosciences hub. The BioDistrict is one of the cornerstones of that foundation. The BioDistrict exemplifies the paradigm shift towards the knowledge-based economy, one in which university driven innovation is the essential ingredient.