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CenCal-USC dispute highlights Medi-Cal pricing issues

By   /  Friday, May 16th, 2014  /  Central Coast, Health Care, Law, South Coast, Top Stories, Tri-County Economy  /  Comments Off on CenCal-USC dispute highlights Medi-Cal pricing issues

A USC hospital is demanding $2 million for a surgery performed on a Medi-Cal patient from Santa Barbara County, more than 25 times as much as Santa Barbara County officials believe the procedure should have cost.

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Hummingbird Nest rezoning paves way for Simi’s first 5-star resort

By   /  Friday, May 16th, 2014  /  East Ventura County, Real Estate, South Coast, Top Stories, Tourism, Tri-County Economy  /  Comments Off on Hummingbird Nest rezoning paves way for Simi’s first 5-star resort

Texas billionaire David Saperstein has finally secured approval to have Hummingbird Nest Ranch rezoned, paving the way for Simi Valley’s first five-star resort.

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Central Coast hopes to be wave energy hub

By   /  Friday, May 16th, 2014  /  Central Coast, Green Coast, South Coast, Technology, Top Stories, Tri-County Economy  /  Comments Off on Central Coast hopes to be wave energy hub

With five projects in the works that could generate as much a 1.2 gigawatts of electricity, the Central Coast could become the nation’s wave-energy capital.

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The Bank of Santa Barbara CEO steps down

By   /  Wednesday, May 14th, 2014  /  Banking & Finance, Banking Industry, South Coast, Tri-County Economy  /  Comments Off on The Bank of Santa Barbara CEO steps down

The Bank of Santa Barbara is seeking a new CEO as it races to comply with a regulatory order related to violations of Bank Secrecy Act reporting rules.

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Inogen shares rise on rosier outlook

By   /  Wednesday, May 14th, 2014  /  Earnings, Latest news, South Coast, Technology, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Inogen shares rise on rosier outlook

Shares of Goleta-based Inogen soared 11.4 percent to $16.29 on May 14 after reporting stronger-than-expected profits and boosting its sales outlook for the year.

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Goleta office building sells after listing for $14.2M

By   /  Tuesday, May 13th, 2014  /  Real Estate, South Coast, Tri-County Economy  /  Comments Off on Goleta office building sells after listing for $14.2M

  The 39,875-square-foot office building at 6550 Hollister Ave. in Goleta has been sold to an undisclosed South Coast investor after listing for $14.2 million. The property is leased to Cottage Health System and is located diagonally across from the new Deckers Outdoor Corp. headquarters. “The recession triggered a ‘flight to quality’ among investors, and Read More →

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Kimpton raises flag in Goleta

By   /  Tuesday, May 13th, 2014  /  Real Estate, South Coast, Tourism, Tri-County Economy  /  Comments Off on Kimpton raises flag in Goleta

The former Holiday Inn on Calle Real in Goleta will officially start flying the Kimpton Hotels & Restaurants flag in July. The San Francisco-based boutique hotel operator said it has partnered with Newport Beach-based hotel owner Makar Properties to rebrand the 150-room hotel as The Goodland following a renovation. Makar Properties purchased the hotel for Read More →

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