Wayne Heilman

Business Reporter

  • IntelliTec in Colorado Springs bought by Fort Collins-based chain of colleges

    Yesterday

    IBMC College, a Fort Collins- based chain of technical colleges, announced Friday that it has acquired IntelliTec Medical Institute of Colorado Springs, making the nearly 280-student school its fifth campus. Terms of the transaction were not disclosed, but all 70 IntelliTec employees...

  • Colorado Springs cost of living at 11-year high

    Updated: Fri, May 1, 2015

    The cost of living in Colorado Springs last year was highest in at least 11 years when compared with the national average, according to a recent survey from the Council for Community and Economic Research. In 2014, the cost of living in Colorado Springs was 2.6 percent below the...

  • Colorado Springs lures small manufacturing company from California

    Updated: Thu, Apr 30, 2015

    A California manufacturer announced Wednesday it plans to move its Green Watt Power division and four employees to northern Colorado Springs later this year after selecting the city from among several contenders in four states. Green Watt, which sells chargers for electric scooters,...

  • Better health care, lower costs? Aetna brings new health plan to Colorado Springs

    Updated: Wed, Apr 29, 2015

    A health care model designed to improve patients' care and lower their costs is coming to Colorado Springs this year, courtesy of insurance giant Aetna. The company has been operating its accountable care organization in Denver and northern Colorado since Jan. 1 and will expand it to...

  • UCHealth Memorial plans $10.3 million cancer center in northern Colorado Springs

    Updated: Tue, Apr 28, 2015

    UCHealth Memorial plans to begin construction next month on a $10.3 million cancer center at its Memorial Hospital North campus, part of a $15 million expansion and upgrade of its Colorado Springs cancer facilities. It will be Memorial's second location for cancer patients to get...

  • March brings improved occupancy, higher rates for Colorado Springs hotels

    Updated: Tue, Apr 28, 2015

    Local hotels recovered in March from a snowy February, with occupancy increasing from the same month a year earlier for the third time in the past four months, according to the Rocky Mountain Lodging Report. The occupancy rate for local hotels rose to 54.6 percent in March from 52...

  • Fort Carson soldier dies in Colorado Springs motorcycle wreck

    Updated: Mon, Apr 27, 2015

    A Fort Carson soldier was killed Saturday in a midday crash that closed Cimarron Street in both directions west of Interstate 25 in Colorado Springs for four hours, Colorado Springs police said. Christopher R. Higginbotham, 24, was killed in a head-on collision about 12:10 p.m. The...

  • Makerspace opens in Manitou to help entrepreneurs develop products, businesses

    Updated: Sun, Apr 26, 2015

    A small group of volunteers spent two years realizing their dream of a "makerspace" where entrepreneurs can develop, improve and eventually manufacture products, and they hope to eventually create several more in southern Colorado. The Pikes Peak Makerspace at the Manitou Art Center,...

  • Colorado Springs-based Spectranetics shares plunge as company faces increased competition

    Updated: Sat, Apr 25, 2015

    Spectranetics Corp. shares plunged on record trading volume Friday after the company Thursday reported disappointing financial results and lowered its forecasts for the rest of the year. The company attributed the lowered forecast to increased competition and increased spending on...

  • Colorado Springs medical device company lowers revenue, earnings forecast

    Updated: Fri, Apr 24, 2015

    Spectranetics Corp. reported lower-than-expected sales and higher-than-expected losses in the first quarter and told stockholders Thursday to expect more of the same for the rest of the year as competitors launch new products and the company boosts its investment in a new product line....

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