Exigence acquired by TeamHealth
The Exigence Group, a national health care management organization based in Amherst, has been acquired by TeamHealth Holdings. Terms were not disclosed.
Exigence manages and staffs the region's eight Immediate Care Centers as well as 12 emergency departments and three hospital medicine programs with a total of 500,000 patients. The company was started by Dr. Gregory Daniel, the CEO and majority owner.
TeamHealth is one of the nation's largest outsourced physician and clinical staffing providers, serving more than 750 medical centers in 47 states.
"One of the most appealing aspects of The Exigence Group is their strong and growing Immediate Care Center business," said Oliver Rogers, president of TeamHealth Hospital Based Services, in a release.
Leadership at Exigence will remain in place at the Amherst office.
A popular family destination is losing its lease in Amherst.
Bounce Magic, a children's entertainment complex featuring inflatable bounce houses, announced on its Facebook page Tuesday it is being forced to close its location at 1261 Niagara Falls Blvd. next to the Michaels craft store.
The company said the mall management told them that a Buy Buy Baby store, owned by Bed, Bath & Beyond, has leased the space it occupies.
Property owner Forest City declined to confirm that the national retailer Buy Buy Baby signed a lease on the property, but confirmed that Bounce Magic, which was on a month-to-month lease, will be leaving.
Bounce Magic will close May 20 and is currently looking for a new building.
I/O conference at UB set
High school and college students interested in a career in Web design, software development or another computer-related field are invited to the Buffalo I/O conference Thursday at the University at Buffalo North Campus.
The free event will run from 6 to 9 p.m. in Davis Hall, Room 101.
It features 10- to 15-minute lectures from industry leaders, informal networking opportunities and free refreshments.
The conference is modeled after a similar event held in Boston and is sponsored by InfoTech Niagara, the Western New York Computer Science Teachers Association and UB's computer science and engineering department.
5 teams in Panasci finals
Five teams will compete today in the finals of the Panasci Technology Entrepreneurship Competition, from 3 p.m. to 6 p.m. at the Center for Tomorrow at the University at Buffalo's North Campus.
The winning team will receive $10,000 in seed funding, as well as in-kind business services.
The competition is presented by the UB School of Management Center for Entrepreneurial Leadership and the UB Office of Science, Technology Transfer and Economic Outreach. It is funded with a $1 million endowment from the late Henry A. Panasci Jr.
Walkout at Caterpillar
JOLIET, Ill. (AP) -- About 800 union workers who rejected Caterpillar Inc.'s latest contract offer walked off the job Tuesday at a plant in Joliet.
Workers with picket signs lined up outside the plant early Tuesday, just hours after their contract expired.
The employees, part of the International Association of Machinists and Aerospace Workers, are asking for better wages and health care.
New insurance rules
ALBANY (AP) -- New York state insurance chief Benjamin Lawsky has announced new regulations to close some odd loopholes that actually assisted criminals committing auto insurance fraud.
Lawsky said the Cuomo administration's new regulations will stop forcing insurers to make payments for medical care when there was no proof treatment was provided.
The regulations will also take insurance companies off the hook in court and in arbitration if minor paperwork errors were made in submitting the claim.