Please ensure Javascript is enabled for purposes of website accessibility

Top 5: ‘I’ve heard the talk, but I haven’t seen the money yet’

A proposed bowling alley in Hunt Valley, in which Baltimore Ravens linebacker Ray Lewis is a partner, is still looking for financing, and a Baltimore hospital is being sued for Medicare fraud. Those stories and more in this week’s business top 5.

1. State readies $9.5M offer to keep Bechtel workers in Frederick – by Nicholas Sohr

Maryland is poised to offer Bechtel Corp. $9.5 million to keep the majority of its Frederick County workforce in place until 2018.

The engineering and construction management firm, one of the largest employers in the county, has been considering a move to Northern Virginia.

“It’s sad that the state has to consider something like this,” said Sen. David R. Brinkley, R-Carroll and Frederick. “You have someone who has been there, and it’s been their worldwide headquarters.”

2. Ray Lewis’ MVP Lanes still looking for financing – by Ben Mook

MVP Lanes LLC hired RI Hispanic BancGroup LLC in June because its owner said it could help secure the financing that would help MVP move forward with a planned sports bar and bowling alley in Hunt Valley.

MVP Lanes, which counts Baltimore Ravens linebacker Ray Lewis as a partner, has had to head back to the drawing board to line up financing after RI Hispanic’s promise did not materialize. In the course of the lawsuit against the Providence, R.I.-based company, MVP learned that RI Hispanic has no assets, no relationship with a bank and no trace of the $90,000 it had collected from the developers as a fee.

3. Kernan Hospital sued for Medicare fraud – by Ben Mook

The U.S. Attorney’s Office is claiming that a Baltimore hospital fraudulently rang up $1.6 million in billings to Medicare and other health programs by falsely diagnosing people with life-threatening cases of malnutrition.

Kernan Hospital is accused in a federal lawsuit with fraudulently billing Medicare, Medicaid and Tricare programs for incidences of kwashiorkor — a rare, life-threatening form of malnutrition caused by lack of protein in the diet. The lawsuit claims that since 2005 the hospital has been taking advantage of a state incentive program that rewards hospitals that deal with complex and challenging cases.

4. O’Malley ‘considering’ 15 cent gas tax increase – by Nicholas Sohr

Gov. Martin O’Malley is weighing a 15-cent gas tax hike as part of a package of proposals to spur spending on infrastructure, streamline regulations and cut into Maryland’s persistently high unemployment rate.

The governor announced the initiatives Monday morning as lawmakers returned to the State House for a special session on congressional redistricting. O’Malley and legislative leaders will use the short session to brief delegates and senators to start to build support for the effort.

5. Northrop to eliminate 800 jobs, mostly in Maryland – by Ben Mook

Northrop Grumman Corp. said Thursday it will eliminate 800 jobs from its Linthicum-based Electronics Systems sector, with the majority of the job losses occurring in Maryland.

The Electronics Systems division has 7,625 employees in Maryland in facilities at Linthicum, Sykesville, Elkridge and Annapolis. Nationwide, the division has 17,000 employees.

Employees were informed of the plans Wednesday, according to a statement from company spokesman Jack Martin Jr.