Albuquerque 20110218

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Albuquerque 20110218

  1. 1. BU INESS N E W M E X I C O FACE OF BUSINESS Jo Edna Boldin USIN gets to make stars of NM citizens 11 NEW TO TOWN Charter Bank’s new CEO likes to fish andWEEKLY turned cooking his catch into a hobby 3 YVOL. 17 NO. 51 SMALLER IS BETTER At least it appears that way, according to a Think New Mexico report on schools 4 VISIT NEWMEXICO.BIZJOURNALS.COM FOR THE LATEST LOCAL BUSINESS NEWS FEBRUARY 18-24, 2011 $2.00 PNM’s rate hike opponents gather BY KEVIN ROBINSON-AVILA | NMBW SENIOR REPORTER Table I – PNM rate increase in revenue SBS Steve Paternoster, owner of Scalo’s Northern Italian Grill and Brasserie La Provence, said Pub- and percent change (In millions of dollars) PNM fights one-two Mood Full Service Salon has its own style 10 lic Service Co. of New Mexico’s request for a 10.8 percent rate hike will cut into his PNM PNM Percent punch at San Juan North 1/ South 2/ Revenue change bottom line if it’s approved. BY KEVIN ROBINSON-AVILA | NMBW SENIOR REPORTER Paternoster said he already Current revenue 724.2 61.1 785.3 pays nearly $7,000 per month • 5.7 % base-rate The Public Service Co. of New Mexico for electricity. 765.7 64.6 830.3 is in a battle for the life of its coal-fired hike, May 15, 2011 “I’m just a little guy,” Paternos- San Juan Generating Station. • 5.1 % base-rate ter said. “I have a restaurant that 802.6 67.7 870.3 10.8 The utility is fight- hike, Jan. 1, 2012 does well. But a nickel here and a ing proposed U.S. Envi- Paternoster nickel there can chip out the bot- • $20 million rate ronmental Protection n/a n/a 890.3 13.37 tom line pretty quick.” rider, Jan. 1, 2013 Agency restrictions on SLUGGISH Paternoster co-chairs the Commercial Energy nitrogen oxide at the That’s the forecast for a User Coalition, which opposes PNM’s rate hike. 1/ About 450,000 residential and commercial customers. 30-year-old plant, plus recovery in construction 3 The coalition includes four statewide associa- 2/ About 51,000 residential and commercial customers in Alamogor- state regulations on tions representing New Mexico restaurants, retail do, Ruidoso, Tularosa, Lordsburg, Silver City and Bayard. greenhouse gas emis- Source: NMBW, based on data from PNM stores, grocers and petroleum marketers. Brown sions. That’s a one-two INSIDE It formed last summer to oppose PNM’s rate punch the plant might SBS . . . . . . . . . . . . . . . . 10 case, which the utility filed with the New Mexico 10.8 percent. That agreement is supported by six not survive, said PNM spokesman Don FOB . . . . . . . . . . . . . . . . 11 Public Regulation Commission in June. parties, including the Attorney General’s Office, Brown. MOVERS . . . . . . . . . . . . 16 PNM requested a 21 percent rate hike in its June the PRC’s utility division staff, the Albuquerque Even if San Juan remains standing, BIZ LEADS . . . . . . . . . . . 18 filing. But on Feb. 3, it filed a new agreement, or Bernalillo County Water Utility Authority and a lot more EPA regulations are coming VIEWPOINT . . . . . . . . . 23 stipulation, that cuts the requested increase to SEE PNM 21 that could deal a definitive knock out. SEE PUNCH 21 i9 Sports seeking franchisees to bring fun back to NM youth BY MEGAN KAMERICK | NMBW SENIOR REPORTER weary of schlepping their kids make sports fun for kids, regard- hundreds of miles to practices less of their skill level. i9 Sports A Florida company that is and games, and kids who have has 130 franchise locations na- tapping into the exaspera- given up on sports because of tionwide and 400,000 children tion of parents and chil- hyper-competitive atmospheres playing in its leagues. dren with traditional sports and ranting coaches. “Youth sports programs have leagues is planning to expand “Programs put on by commu- gotten to be so competitive that into New Mexico. nities are often not well-orga- it’s driving the non-star athletes i9 Sports is looking for fran- nized or managed, because they out,” Sanders said. “Kids are chisees for its youth sports don’t have a whole lot of bud- dropping out in droves because concept in the Land of Enchant- get,” said Brian Sanders, chief it’s just not fun anymore.” ment. The company’s potential operating officer for i9 Sports. The company also seeks to clientele includes soccer moms “We pride ourselves on having prevent parents from scream- a highly organized program so ing at coaches or kids by asking parents know where they need them to sign a pledge to promote COURTESY i9 SPORTS to be and when.” positive sideline behavior. i9 Sports has 130 franchises nation- The company, based in Bran- Grant Gunkel, a franchisee in wide, with 400,000 students participat- don, Fla., was started in 2003 the Chandler and Gilbert, Ariz., ing in its sports leagues. by Frank Fiume, who wanted to SEE SPORTS 22 THIS WEEK’S LISTS BREAKING NEWS DAILY: Hispanic Owned Businesses 9 Focus on LAW Subscribe for free daily e-mail updates Law Firms 15 If you have to die, New Mexico’s not a bad www.newmexico.bizjournals.com/account/register place to do it. We tell you why. 13
  2. 2. 2 newmexico.bizjournals.comAn index of people and companies featured in this issue. (Page number indicates where the story featuring people or businesses listed below starts.) NEWSMAKERS NEW MEXICO BUSINESS WEEKLY | FEBRUARY 18-24, 2011 newmexico.bizjournals.com 1 Warren Buffett dumps BofA shares, loads up on WellsDennis Jo Jo Jo Edna Bruce StacyBatey 5 Montoya 9 Boldin 10 Puma 13 Sacco 23 2 Rumors of iPhone nano, free MobileMe growPeople Holland, Shawn ..................................................... 1 Skandera, Hanna .................................................. 4 Brasserie La Provence ........................................ 1 New Mexico Industrial Energy Consumers.. 1 3 Boeing, Fluor plan bid to runBatey, Dennis......................................................... 5 Hoover, Kent .......................................................7, 8 Smith, John Arthur .............................................. 4 Capital One ............................................................. 8 New Mexico Retail Association ....................... 1 SandiaBeffort, Sue Wilson.............................................. 4 Keene, Terry............................................................ 1 Steinfeld, Hailee ..................................................11 Casting Society of America ............................11 New Mexico Women in Film..........................11 4 Qwest posts Q4 loss, revenue declineBernanke, Ben ....................................................... 7 Kirk, Ron.................................................................. 8 Stretch, Clint........................................................... 7 Charter Bank .......................................................... 3 NM Conference of Catholic Bishops.............. 4 5 MBA: Mortgage rates rise,Boldin, Jo Edna...................................................11 Lopez, Barbara.....................................................10 Simonson, Ken ...................................................... 3 CNN........................................................................... 1 Presbyterian Health Plan.................................... 5 refinancing fallsBorror, Tim ............................................................23 Lyons, Patrick......................................................... 1 Sinclair, Maxwell................................................... 3 Cocopotamus ......................................................... 3 Public Service Co. of New Mexico................. 1 6 Wall Street Journal: BordersBridges, Jeff .........................................................11 Marks, Jason ......................................................... 1 Tomlin, Lily ............................................................11 Commercial Energy User Coalition................. 1 Rio Grande Foundation....................................... 4 nearing bankruptcyBrown, Don ............................................................. 1 Martinez, Susana................................................11 Van Winkle, David ................................................ 1 Construction Financial Mgt. Association....... 3 Scalo’s Northern Italian Grill............................. 1 7 Plaza Feliz breaks groundBerman, Lester ....................................................11 McConaughey, Matthew...................................11 Winter, Nann .......................................................... 1 Deloitte Tax LLP.................................................... 7 Sierra Club .............................................................. 1 WednesdayBush, George W.................................................... 8 Michel, Steve.......................................................... 1 Zellweger, Renee ................................................11 ENLACE.................................................................... 4 Small Business Administration ........................ 8 8 REDW headquarters breaksCameron, James ................................................23 Montoya, Jo Jo ...................................................10 Zerbe, Dean ............................................................ 7 ESPN2 ...................................................................... 1 Stelzner Winter Warburton................................ 1 ground in MarchCampbell, Lewis .................................................... 1 Montoya-Boyer, Diana......................................... 4 Farina Pizzeria ....................................................... 1 Swaim & Finlayson ..........................................13 9 Boeing submits final tanker proposalCarson, Karen ........................................................ 5 Mora, Vicki .............................................................. 3 Companies Food Network ........................................................ 3 The Casting Co....................................................11 10 New Mexico gets GrammyColeman, Dorothy ................................................. 7 Nathan, Fred........................................................... 4 505 Studio Works LLC.....................................11 Forever Young ......................................................10 Think New Mexico................................................ 4 nodsCunningham, Courtney .....................................11 Nava, Cynthia......................................................... 4 Alaska Native Corporations ............................... 8 FOX............................................................................ 1 Town Center Bank ................................................ 3Cunningham, Lora ..............................................11 Obama, Barack..................................................7, 8 Albuquerque Public Schools............................. 4 Fulton Financial ..................................................... 8 Venus and Mars ................................................10Damon, Matt ........................................................11 Pablo, Jeanette...................................................... 1 Ally Financial .......................................................... 8 Goodman School of Drama ............................11 University of Houston.......................................... 3Darnell, Ron............................................................ 1 Parks, Willow Misty ...........................................13 American Advertising Federation-NM............ 3 Hard Rock Hotel & Casino................................ 3 University of New Mexico................................23Dowling, Ralph....................................................... 3 Paternoster, Steve ................................................ 1 American Express ................................................ 8 i9 Sports.................................................................. 1 UtiliTech Inc............................................................ 1 New Mexico Business Weekly (ISSN 1524248X) is publishedEckerly, Susan ....................................................... 7 Pluth, Becky .........................................................23 Artichoke Cafe ....................................................... 1 Indian Pueblo Cultural Center .......................... 3 WESST .........................................................10, 23 weekly, except semiweekly one week in December for $83.00Fiume, Frank .......................................................... 1 Puma, Bruce ........................................................13 Artistry of Life Salon .........................................10 Lifetime Network................................................... 3 Western Resource Advocates .......................... 1 per year by New Mexico Business Weekly, 116 Central Ave SW,Gessing, Paul ......................................................... 4 Ray, Rachael .......................................................... 3 Assoc. General Contractors of America ..3, 7 Modrall Sperling ................................................13 Wintrust Financial ............................................... 8 Suite 202, Albuquerque, NM 87102. Periodicals postage paid atGlenn, Jimmie ....................................................... 1 Rogers, Marjorie A. ............................................13 Associated General Contractors of NM ........ 3 Mood Full Service Salon..................................10 Albuquerque, NM 87101.Gould, Peter............................................................ 1 Rudd, Merri...........................................................13 BB&T......................................................................... 8 National Association of Manufacturers ......... 7 POSTMASTER: send address changes to New Mexico BusinessGunkel, Grant ......................................................... 1 Sacco, Stacy ........................................................23 BCA Medical Associates .................................... 5 National Education Association-NM ............... 4 Weekly, 116 Central Ave SW, Suite 202, Albuquerque, NMHirshenson, Janet...............................................11 Sanders, Brian ....................................................... 1 Beal Financial Corp.............................................. 3 Nat’l Federation of Independent Business ... 7 87102-3404.Holguin, Mara......................................................... 3 Sandherr, Stephen................................................ 7 Bonita’s Mixes ....................................................... 3 New Mexico Activities Association ................. 4 Heat or Cool my Green Home under $100/year!* Starting at $129,000 Full Semi-custom Homes Available 2010 Homes of Enchantment Parade Gold Award Winner! Living green, saving green. 88-Green (505-884-7336) | www.paulallenhomes.net *As certified by Green Engineers.
  3. 3. FEBRUARY 18-24, 2011 | NEW MEXICO BUSINESS WEEKLY newmexico.bizjournals.com 3Simonson sees sluggish recoveryBY STEVE GINSBERG | SPECIAL TO NMBW In that interview, Simonson said the free S C E NE HE A R D Another New Mexico business, Co- copotamus, is going to the Oscars. fall of construction job losses has ended in This column recently mentioned As if things haven’t been hard enough New Mexico, but the prospects for a full re- that Albuquerque’s Bonita’s Mixes,for New Mexico’s contractors, they are covery are not good. Any hope for a recov- sugar-free syrups such as a margaritalikely in for a more sluggish recovery than ery is partially riding on President Barack mix, were selected to be in celebritytheir national brethren, according to Ken Obama’s new federal budget. Increased gift bags at events such as the Gram-Simonson, chief economist for the Associ- spending in the areas of defense and en- mys and the Academy Awards. Darkated General Contractors of America. ergy would have to trickle down to New chocolate fudge truffles made by Co- Washington. D.C.-based Simonson’s two Mexico. copotamus, an artisanal chocolatierday visit to Albuquerque included a well- “The budget debate looms extremely in Albuquerque, also have been pickedattended presentation at the Indian Pueblo large in New Mexico and it will be a tense for the coveted “swag bag” for the 83rdCultural Center on Feb. 15 where he laid few weeks. Natural gas prices helped New Academy Awards celebration (Feb.out the business prospects for contrac- Mexico stay afloat longer, coupled with 27). Cocopotamus CEO Maxwell Sin-tors nationally and locally. The Land of hefty spending on the Spaceport, Intel clair says the candy company will beEnchantment’s state budget woes will put work and the Rail Runner. Now, with the taking the truffles “live to the celebri- RANDY SINER | NMBWa crimp in the recovery in 2011, he noted. flattening of federal spending, it could ties for a charity event at The W Ho- “There is a big budget hole to fill in New Ken Simonson (standing) speaks with deepen our [New Mexico] recovery and it tel in Los Angeles” during a two-dayMexico, and the state will restore services attendees at ACG New Mexico Build- could be more sluggish.” event prior to the Oscars’ ceremony.first before they allocate funding for con- ing Branch’s Feb. 15 luncheon. This year could actually be more stressful The firm’s truffles also have been fea-struction. Heavy construction is, at best, than 2010, according AGC’s New Mexico tured on cable’s Lifetime Network andtheir fourth biggest priority,” Simonson President Vicki Mora, who told the Busi- in Food Network Rachael Ray’s holi-told his audience. “New Mexico depends Simonson is well respected in the indus- ness Weekly that New Mexico’s current day gift guide, among others.heavily on oil and gas revenues, and this try for his research and his approach to budget woes will most likely put a crimphas been a negative. The benefits of the fed- telling it straight, and that’s what he did in into the education projects that have kept The pottery room at the Indianeral stimulus the past two years will also go his public talk and in a wide ranging inter- many contractors busy the past two years. Pueblo Cultural Center has a wallaway.” view with the Business Weekly. SEE SLUGGISH 22 filled with spectacular pots from the 19 pueblos around the state. On Feb. NEW TO town 15, the room was filled with construc- tion execs who, initially, were more in- terested in buildings and mechanical systems, but a pot drew some of theRalph Dowling President, Charter Bank, Albuquerque biggest raves following a speech by the Associated General ContractorsBY DENNIS DOMRZALSKI | NMBW STAFF What are your plans for Charter? of America’s Chief Economist Ken I want to rebuild Charter, and particular- Simonson. After his presentation Ralph Dowling’s wife, Patti, got him into ly in the community-oriented framework about the state of New Mexico’s con-his hobby of cooking. that the Wertheims started. They built a struction industry, Simonson was pre- “Fishing and cooking are my favorite hob- model for what community banks should sented with a gift by AGC-New Mexi-bies,” says Dowling, who, in November, was do. That’s at the top of my list. co’s Mara Holguin, director of publicnamed president of Charter Bank in Albu- affairs. When he opened it, his eyesquerque. “I took up cooking because I would Had you worked for Beal before? brightened and he smiled broadly, as ifbring the fish home and Patti would say, ‘I’m No. I have been acting lately as a sort of the industry was back to full employ-not cooking that.’ So I started cooking, and white knight for banks that need strategic ment and new projects were sprout-now I enter gumbo contests. I will be cook- direction and change. Beal had been talk- ing up. The box contained a black anding gumbo on Fat Tuesday [Mardi Gras].” ing to me for several months about this white seed pot from Acoma Pueblo. A Texas native, Dowling has been in the position. I had commitments to another “This is one of my favorite gifts. I re-banking business since 1975, when he grad- financial institution, and when that con- ally love these pots,” Simonson told RANDY SINER | NMBWuated from the University of Houston with a tract ran out, we matched up schedules. his hosts, who included AGC’s Newdegree in accounting and finance. He later Your impressions of Albuquerque? Mexico Building Branch and theearned an MBA, and has spent most of his What do you want to tell the community? I judge a city by the way people drive, and Construction Financial Manage-career running community banks in Texas That we at Charter Bank are in busi- people here drive fairly politely. They don’t ment Association. Many hope thatand elsewhere. He came to Charter, which ness. Admittedly we struggled in the first honk, and they wave at you. They’re re- the pot is a harbinger of good things,is owned by Beal Financial Corp. of Plano, year [after being bought by Beal in January spectful. People here talk to strangers, and perhaps the seeds of a New MexicoTexas, from a consulting job for a bank in 2010], but we are open for business, we that’s not true of every city. construction recovery in the works.Scottsdale, Ariz. Prior to that he was the CEO are making loans and we are back in theof Town Center Bank in Coppell, Texas. community service business. dfdomrzalski@bizjournals.com | 505.348.8306 atkinsoncpa.com Whose business is it, anyway? We work with a client’s business as if it were our own. Diligently. Carefully. Proactively. Why? Because, quite frankly, it is. You grow. We grow. You prosper. We prosper. And that’s the bottom line. Because our real interest is you. Certified Public Accountants Albuquerque: 505 843 6492 Rio Rancho: 505 891 8111 Martin Mathisen, CPA - Audit Director
  4. 4. 4 newmexico.bizjournals.com NEW MEXICO BUSINESS WEEKLY | FEBRUARY 18-24, 2011Small schools bill gathers support from disparate groupsBY MEGAN KAMERICK | NMBW SENIOR REPORTER Earnings and unemployment by educational degree “So we’ll need every one “The whole school is able to get to know of those kids to graduate everybody,” he said. “So teachers know An effort to promote smaller schools in Percent Average Annual from college just to meet the the children better, the mechanics of theNew Mexico is picking up steam in the Leg- Unemployed Salary in N.M. demand for workers with school work easier, such as bus pick-up,islature and has support from an ideologi- college degrees. We need school assemblies, tutoring, detention andcally diverse group. to graduate a much larger recess.” Senate Bill 2 would amend the Public percentage of kids than we The amended version of the proposed billSchool Capital Outlay Act to give school Doctoral Degree 1.4% $56,000 do now.” also added cost-saving measures, such asdistricts an extra 10 percent state fund- Nathan said the national requiring districts to look for sites for newing match from the Public School Capital Master’s Degree 1.8% $36,000 research on dropouts indi- schools near facilities they can share, likeOutlay Fund if they build high schools cates the primary reasons a city-run athletic facility or a communitywith enrollments of 400 to 900 students, Bachelor’s Degree 2.2% $30,000 are that kids feel unsafe and college library.or elementary and middle schools with en- they feel alienated. Paul Gessing, executive director of therollments of 200 to 400 students. Districts Associate’s Degree 3.0% $24,000 The push for smaller Rio Grande Foundation, said this is just onealso could benefit from the incentive if they schools got a dramatic part of the reform that is needed to improverenovate large schools into smaller schools Some College, boost after the 1999 shoot- education, but it’s an important one.within schools. No Degree 3.8% $18,600 ings at Columbine High “I think it’s time to move beyond these The bill was cosponsored by Senators High School School in Littleton, Colo., major institutions,” he said. “It’s kind ofSue Wilson Beffort, R-Sandia Park, the Graduate 4.4% $17,000 which has an enrollment a big factory model that you centralize ev-ranking Republican on the Senate Finance of 1,965 students, accord- erything and put it all together, and kidsCommittee; John Arthur Smith, D-Deming Less Than High School 7.1% $12,000 ing to Think NM’s report. kind of get lost in the mix.”and chairman of the Senate Finance Com- Many pointed to the shoot- They lose sight of themselves as individ- Source: Bureau of Labor Statistics, “Education Pays,” April 2008; U.S. Census Bureau, “5 % Public Use Microdata Samples,” 2000mittee; and Cynthia Nava, D-Las Cruces, ers’ sense of alienation as uals, Gessing added.chair of the Senate Education Committee, one of the key ingredients ENLACE, which works statewide to in-which passed an amended version of the in that tragedy. crease access and success for all students,bill. It’s now in the Senate Finance Com- Difference between fall and spring test scores of Taking out mandatory sees this as one way to close the achieve-mittee. Santa Fe High freshmen language in the current ment gap, said Diana Montoya-Boyer, com- Supporters include the free market policy bill made it more palat- munity relations manager.advocate Rio Grande Foundation, the New Readi ng able to Albuquerque Public “From our standpoint, it’s also a civil 6 Scor esMexico Conference of Catholic Bishops, the Mat h Schools, said Joe Escobedo, rights bill,” she said. “We see larger schoolsNational Education Association-New Mex- 5 Scor es a lobbyist for APS. also happen to be the schools with higherico, the New Mexico Activities Association “We’re already imple- rates of free and reduced lunch, and higherand ENLACE (Engaging Latino Families in 4 menting some of the things rates of minority students, so it’s as thoughEducation). that they’re talking about, particular communities are being pushed Think New Mexico, the nonprofit think 3 but it’s just the whole idea into what Think New Mexico calls ‘dropouttank in Santa Fe, unsuccessfully pushed of when we begin to build factories.’”similar legislation in 2009. It passed the 2 schools again, what is the An analysis of the bill by the LegislativeSenate, but not the House. It has changed most cost-effective way to Education Study Committee gave it a mixedsome things in the bill, including making it 1 do it,” he said. “That’s what review, noting that Hanna Skandera, sec-an optional incentive rather than manda- we have some concerns retary-designate of the Public Educationtory policy to build smaller schools. 0 about.” Department, has argued that cost-effec- Think NM issued a report on smaller APS initiated smaller tiveness is possible in small schools becauseschools in 2008, citing reams of research -1 freshmen academies within of higher graduation rates.that indicate smaller schools tend to have larger high schools in 2000, But it also cites research noting therebetter outcomes and fewer disciplinary Smaller Learning Community according to the Think NM must be an organizational culture that fos-problems and are more cost-efficient in Regular Program report. ters academic achievement.the long run. It cites studies that found the A 2005 evaluation of the The Legislative Finance Committee anal-most efficient schools are those serving 300 Source: Measures of Academic Progress (MAPS) test scores for Santa Fe High School freshmen, 2004 – 2005 academies found higher at- ysis raises the possibility that the publicto 900 students and that “diseconomies of tendance and lower drop- school capital outlay fund will be dimin-scale” kick in above 900 students because on how graduation rates are measured, out rates than in standard ninth grade pro- ished more quickly under the legislation.of increased costs in bureaucracy, security the state is graduating from 55 to 66 per- grams, and more students advanced to the But Nathan said the LFC analysis does notand transportation (see chart). cent of students, said Fred Nathan, Think 10th grade. take the cost-saving aspects of the amend- As of 2007, more than two-thirds of NM’s executive director. Tom Graham, principal of Griegos Ele- ed bill into account, such as the shift from aNew Mexico ninth graders entered high “We’re going to need jobs in New Mexico mentary in Albuquerque, said his school’s 25 percent incentive to 10 percent.schools with populations larger than in the next decade, and two-thirds will re- smaller size has been a key reason why it1,000, according to Think NM. Depending quire a college degree,” Nathan said. has performed so well academically. mkamerick@bizjournals.com | 505.348.8323 When you’re trying to UPCOMING FOCUS SECTIONS Your focus reach out to a certain industry, there’s no Feb 25 Technology Lists: Biotechnology Companies / Optics Companies is our better way to get your message in front of Focus Mar Accounting that industry’s leaders and decision makers 4 Lists: Accounting Firms / NM Publicly-Traded Companies than to advertise in New Mexico Business Mar Energy Weekly’s Focus sections. 11 Lists: Utility Companies and Cooperatives FOR MORE ADVERTISING Pam Gutierrez Rebecca Lynch Senior Advertising Executive / Senior Advertising INFORMATION, PLEASE CONTACT: Marketing Liaison Executive 348-8312 348-8304
  5. 5. FEBRUARY 18-24, 2011 | NEW MEXICO BUSINESS WEEKLY newmexico.bizjournals.com 5Grant from Presbyterian Health Planhelps Roswell physicians go electronicBY DENNIS DOMRZALSKI | NMBW STAFF office, I’ll see you now and that’s it.’” Batey says electronic medical records Dr. Karen Carson and the seven other allow the doctors at BCA to do things likepediatric doctors at BCA Medical Associ- printing a list of all their asthma patientsates in Roswell now know quickly when to see what care they need. That’s morethe children they treat go to an emergency efficient than looking through thousandsroom, and how many of of paper files that are organized alphabeti-their patients need certain cally for each asthma patient.shots and medications. “It’s better than relying on sticky notes,”They can use that infor- Batey adds.mation to help patients Carson, a BCA vice president, says theavoid costly emergency EMRs, which became operational in Oc-room visits. tober 2010, have allowed her and the BCA, which cares for 80 practice’s other doctors to track patients’percent of the children on Batey emergency room visits. If a patient usesMedicaid in the Roswell an emergency room, the health plan paysarea, can track these things because it hasdeveloped an electronic medical recordsprogram (EMR) with the help of a $70,000 for it and shares that information with the practice, Carson says. Before, Carson and her colleagues didn’t know if a patient vis- It’s more than a walkgrant from the Albuquerque-based Presby-terian Health Plan. “We’re now able to track what we call ited an emergency room unless that patient told them. BCA has spent the $70,000 on new computers, software and staff train- in the park.‘frequent flyers,’ those who overuse emer- ing on how to use EMRs, Carson says.gency rooms,” Carson says. “We can bring So far, the 400,000-member Presbyte- When it comes to banking, Albuquerquethem in for visits, make sure they get their rian Health Plan has made the grants for comes to New Mexico Bank & Trust.checkups on time and decrease the usage EMRs and medical home programs to theof emergency rooms.” University of New Mexico Medical Group; The grant to BCA is one of five that First Choice, a group of clinics in Albuquer- “As a family owned business, we carry anPresbyterian has made to medical groups que; Presbyterian Medical Group, the doc-in the past year. The grants for EMRs and tors and providers employed by the health extensive inventory of high-end fitnessfor medical practices to become “medical plan; and Presbyterian Medical Services, equipment in our store and warehouse.homes” for their patients were mandated a statewide network of health centers inby the state Legislature in 2009 for the rural communities that is not connected Customers range from individuals tostate’s Medicaid insurers, including Pres- to Presbyterian Health Plan. The Business fitness centers, police departments,byterian. Weekly tried to reach other Medicaid insur- Medical homes are practices that oversee ers for this report, but was unsuccessful. schools and more. New Mexico Bankall of a patient’s medical needs. They’re Batey says the grant to BCA made sense & Trust has been with us for yearsmuch like old-fashioned family doctors, because its doctors comprise 80 percentbut they use EMRs to ensure that patients of the pediatricians in the Roswell area. now. When we need to expand orget timely checkups and care. Grants to other rural medical practices also grow our inventory, the bank has “The idea is that each patient and the pa- make sense, he adds, because about halftient’s family have a personal relationship of Presbyterian Health Plan’s members supported us every step of the way.with their physician,” says Dr. Dennis Bat- live outside the Albuquerque metropolitan They are extremely competitive withey, president of Presbyterian Health Plan. area. rates and immediately responsive“Their care is coordinated and integrated.It’s not just, ‘It’s Wednesday, you’re in my dfdomrzalski@bizjournals.com | 505.348.8306 to my questions.” a condition that was previously diagnosed, Jay WeingardtNM Software offers patients often want the reassurance that The Fitness Superstore™ comes with a another professional reviewonline second opinions of an initial determination.” NM Software will tap its current onlinefrom health care pros network of specialists who read teleradi- New Mexico Bank & Trust helps local businesses succeed with products and ology images remotely for the company.BY KEVIN ROBINSON-AVILA | NMBW SENIOR REPORTER Through the company’s XR-Express ser- services that fit their needs. We’re a vice, physicians can read X-rays, CT scans, Getting a second opinion from doctors ultra-sounds, EKGs and more from any- community bank for all walks of life. 40696-01 | 09-01-10is just an e-mail away, thanks to a new where.service that New Mexico Software Inc. The second-opinion service will be a self-launched Feb. 16. pay system, since most insurance compa- The Albuquerque company, which pro- nies do not provide for second-opinion re-vides Web-based medical and general busi- imbursement, Govatski said.ness systems software, will offer second- “We will accept a valid credit card for theopinion teleradiology interpretation for service,” he said. “In addition to providingcustomers. a written opinion and findings, consulta- The service can be provided to anyone tion with the reviewing doctors may alsowith digital files, said President and CEO be arranged.”Dick Govatski. NM Software (OTCBB: NMXC) formed “There is a solid market for patients and in 1995. It began trading on the Bulletin www.NMB-T.com | 505.830.8100their families who want a second opinion Board Exchange in 1999.about their medical issues,” Govatski saidin a news release. “Even if just to confirm krobinson-avila@bizjournals.com | 505.348.8302
  6. 6. 6 newmexico.bizjournals.com NEW MEXICO BUSINESS WEEKLY | FEBRUARY 18-24, 2011 WEEK IN Integrity employees will continue work- ing for TIG, said Glenn Perkal, Integrity bucadibeppo.com REVIEW KEEP UP WITH BUSINESS NEWS AS IT BREAKS: founder and co-owner, who will become the business development manager of the newly merged company. NEWMEXICO.BIZJOURNALS.COM “This acquisition provides more resourc- es for our team at Integrity,” Perkal said in a news release. REDW headquarters “TIG has a very strong team in Albuquer- que and the Integrity staff looks forward to breaks ground in March becoming an effective part of that team, and to building an even better future for REDW Business and Financial Resourc- our customers and vendors.” es LLC will break ground in March on a TIG President and CEO Bruce Geier said 45,000-square-foot corporate headquar- the acquisition helps TIG dig deeper into re- ters at the corner of Jefferson Street and gional markets. Masthead Street. “The addition of Integrity greatly ex- Bring them to Buca... or Bring Buca to them! The accounting firm signed a lease with Titan Development, which is developing pands TIG’s presence in the New Mexico and Arizona regions, and the acquisition the project. adds personnel and contracts with com- REDW’s new home initially will ac- panies and in marketplaces where TIG was commodate 150 employees, but it has not previously involved,” Geier said. been designed for growth and expansion. Buca di Beppo is your answer to one fabulous group dining The two-story, Southwest contemporary, experience. Our staff will organize and plan your events with build-to-suit headquarters is being built to Boeing, Fluor plan bid to achieve LEED Silver certification standards, one of our family-style banquet packages. Our Italian specialties complete with solar photovoltaic panels run Sandia are also available in Extra Large Party Pans To Go. that produce 78 kilowatts of power. (LEED — Leadership in Energy and Environmen- The Boeing Co. and Fluor Corp. hope to tal Design — is a U.S. Green Building Coun- replace Lockheed Martin Corp. as manager cil standard.) and operator of Sandia National Laborato- “It’s a great time to build. We are capital- ries. izing on low interest rates, low construction Lockheed’s contract expires in Septem- costs and the city of Albuquerque’s impact ber 2012. It has operated Sandia for the fee waiver,” said Ron Rivera, REDW’s man- U.S. Department of Energy’s National Nu- aging principal. clear Security Administration since 1993. ALBUQUERQUE “It’s a positive sign that New Mexico The lab has a $2.5 billion annual operat- businesses can expand, even in a recover- ing budget, including installations in Albu- ing economy.” querque and in Livermore, Calif. REDW acquired nearly three acres last The DOE has not said if it will hold a year in the Journal Center corridor and competitive bid. But Boeing and Fluor will hopes to be in the new building by October. pursue a contract as a team if a bidding It now leases 30,000 square feet at 6401 process does open, said Boeing Defense and Jefferson St. NE. The company has con- Government Services Vice President Greg sistently been among the three largest ac- Deiter in a news release. “I HEARD IT WAS A SNOW DAY. counting firms in the state. “The Boeing Co. has a long history of “Everyone involved in this project, from managing large-scale research and devel- WHICH TURNED INTO A GO ANYWHERE DAY.” the architects and the [financiers] to the opment programs,” Deiter said. contractors, are local business owners,” “We will draw on that experience to offer said Drew Dolan, director of development innovative approaches to meet the NNSA’s at Titan. “This is a great example of how lo- objectives of strengthening performance cal businesses working together can create on national security missions, reducing jobs and contribute to our local economy.” costs and supporting operations as an inte- Titan is among the Duke City’s leading grated nuclear security enterprise.” developers and has been active in the Jour- Chicago-based Boeing has worked on nal Center development for more than a contracts with Sandia for decades. If DOE decade. opens the contract to new bids, the Defense Paul Sowards and Joe Sierra of Century and Government Services division of the Bank agreed to provide the financing. DSS division would partner with Fluor to Albuquerque architectural firm Dekker/ manage the Sandia contract. Boeing em- Perich/Sabatini, interior architects SMPC, ploys about 450 in New Mexico. general contractor Reid & Associates and Fluor is a global provider of engineering, civil engineers Bohannon Huston Inc. are procurement, construction, commission- working on the project. ing, operations, maintenance and project management services. Texas-based Fluor is a longtime DOE con- TIG acquires Integrity tractor, managing services for the DOE at facilities at Savannah River in South Caro- Networking Systems lina, Hanford in Washington, and Ports- mouth in Piketon, Ohio. The company re- The Technology Integration Group has ported $22 billion in revenue in 2009. Go beyond in a 2011 Land Rover LR4. Test drive one today. acquired the contracts and assets of Integ- Fluor Government Group Senior Vice rity Networking Systems Inc. in Albuquer- President Greg Meyer said the DOE could que. benefit from the joint capabilities offered by Integrity, founded in 1992, is a computer Fluor and Boeing. Land Rover Albuquerque Land Rover Santa Fe systems integrator with offices in New Mex- “We believe that the complementary Alameda just west of I-25 Across from the Auto Park ico and Arizona. resources and skill sets of two world-class 505.797.3600 505.474.0888 TIG, formed in 1981, is a systems inte- companies like Fluor and Boeing offer the www.rover4x4.com www.santafe4x4.com grator based in San Diego, with offices in 19 NNSA an extremely compelling value other U.S. cities and in Shanghai, China. proposition,” Meyer said.

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