RTP Loses Ground, Hospitals Declare War

In the March 2011 edition of Raleigh Metro Magazine

Cover, March 2011 edition, Raleigh Metro Magazine

March 7, 2011 (Raleigh, NC) – CPR for RTP? In the March issue of Raleigh Metro Magazine, Jim Hughes writes that that Research Triangle Park is losing ground as the site of choice for science-based, bio-medical and high tech research firms.

“The last 10 years have been the toughest since its founding. The pace of growth has slowed dramatically. For the first time in its history, the Park is losing ground in the competition for the cutting-edge technology companies that once were its birthright. Some of its biggest tenants, including IBM and Glaxo, are going through significant retrenchments, while others, like Nortel and Ericsson, have simply vanished into the ether,” says Hughes.

Raleigh Metro Magazine is also reporting that the battle lines are forming for war between major hospitals in the Triangle region. Raleigh’s Wake Med shot off the first salvo, accusing UNC Health Systems of violating acceptable practices designed to steal business from Wake Med. Bill Atkinson, CEO of Wake Med, tells Metro: “Probably the best example, the strongest example, came when we discovered that UNC has filed a special plan to modify reimbursements for any physician associated in any form or fashion with them. This gives them a distinct upper hand over anyone in the state, not just us.”

Also in the March edition:

  • Film critic Godfrey Cheshire reviews Peter Weir’s “The Way Back” and Kevin Macdonald’s “The Eagle”
  • Design writer Design Lea discovers a modern cottage in West Raleigh and architecture reporter Mike Welton previews the James B. Hunt Library at NC State University.
  • Style writer Maury Poole tracks spring fashion and bridal trends.
  • Artist-at-large Louis St. Lewis disses the Rockwell Exhibition at the NC Museum of Art.
  • Editor and publisher Bernie Reeves supports Julian Assange’s WikiLeaks mission.
  • Online-Only: music writer Dan Reeves keeps abreast of the latest music news and performances in the area; Art Taylor covers the latest in new fiction.

For more information on the March edition, go to www.metronc.com

About Raleigh Metro Magazine:

Established in 1999, Raleigh Metro Magazine is a monthly publication covering North Carolina from the Research Triangle area to the coast, with a readership of 160,000. It is available at book stores, selected newsstands and online at www.metronc.com.

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