Industry News

NOEW WINNER

NOLA Health Innovators Challenge

Alertgy, a company that has created a wearable, noninvasive, real-time blood glucose monitoring and alert system that works with a smartphone application, was the big winner at the inaugural New Orleans Health Innovators Challenge (NOLAHI), which kicked off this year’s New Orleans Entrepreneur Week. The New Orleans Business Alliance (NOLABA) joined Blue Cross and Blue Shield of Louisiana and Ochsner Health System to present Alertgy with $36,000. In addition to winning the cash prize and pilot opportunity, Alertgy also won free co-working space to launch its company presence in New Orleans, along with legal and consulting services.

Diabetes is among the leading causes of death in Louisiana. In 2000, 6.6 percent of Louisiana adults had diabetes. By 2013, that number had risen to 11.6 percent according to the Behavioral Risk Factor Surveillance System.


DID YOU KNOW?

Louisiana Tax Facts

Louisiana has the highest combined state and local sales tax rate in the country.

We also rank…

33rd highest in state and local tax collections per capita
42nd in terms of how well the tax code is structured

Louisiana Business Tax Climate Rankings (of 50 states)
42nd — Overall
40th —Corporate Tax
27th — Individual Income Tax
50th —Sales Tax
4th —Unemployment Insurance Tax-
30th — Property Tax-

Who’s No. 1?

Wyoming ranked first in the country for overall, corporate tax and individual income tax.

Source: Tax Foundation 2018 Facts and Figures Report

GIVING BACK

Galatoire’s Gives $100,000

On Friday, March 16, The Galatoire Foundation presented two $50,000 checks — one to Eden House New Orleans and another to Breakthrough New Orleans during a presentation held in the Galatoire’s restaurant main dining room. The money represented the proceeds from the foundation’s annual Christmas and Mardi Gras table auctions, held on Dec. 4, 2017 and Jan. 15, 2018. Eden House New Orleans is dedicated to eradicating human trafficking and Breakthrough New Orleans prepares middle schoolers for the rigors of high school and college while also inspiring and training high school and college students to enter the field of education and become advocates for educational equity.


FAST FACTS

NOEW By the Numbers

During the 10th annual New Orleans Entrepreneur Week (NOEW), held from March 18 to 23…

$330,000 in funding and services was awarded to entrepreneurs across 6 days and 60 events throughout the Greater New Orleans area in 8 different neighborhoods. Attendees came from over 100 zip codes and 47% of participating companies were woman-owned businesses.


NOEW WINNER

Startup Saint Bernard Winner Announced

During this year’s NOEW, Clean Course Meals won the fourth annual Startup St. Bernard pitch competition, taking home a $100,000 prize package of cash and in-kind services designed to help take their business to the next level.

Clean Course Meals is a new business based in St. Bernard Parish that offers affordable gourmet meals made with fresh ingredients. The company was co-founded by Kim Sawyers and Erika Jupiter and was one of five finalists to pitch their business in the competition.


“Physicians, especially those in small practices in Louisiana and across the country, are struggling with the administrative burdens stemming from governmental and insurer requirements. These administrative hassles lead to lost productivity, physician burnout and less time with patients.”

Barbara L. McAneny, M.D., president-elect of the American Medical Association, who added that AMA research has found that during the office day, primary care physicians spend more than half of the workday at a computer performing data entry and administrative tasks. On April 17, Orleans Parish Medical Society (OPMS) and Jefferson Parish Medical Society (JPMS) hosted a ‘Meet-And-Greet’ with McAneny followed by a presentation on: How to survive and prosper in a time of MIPS, MACRA and the burden of regulatory changes: Predictions for healthcare in the next 3-5 years.