The National Venture Capital Association (NVCA) has formed the Medical Innovation and Competitiveness (MedIC) Coalition, a new alliance comprised of both venture capital firms and their life sciences portfolio companies.

The University of Cincinnati has formed the UC Cancer Institute, which will organize all cancer patient care, research and education missions within the College of Medicine and throughout patient care settings in UC Health.

Ohio is one of the best states for recent college graduates, according to a Bloomberg Businessweek/Aftercollege.com survey that ranked four of the state’s largest cities – Columbus, Cincinnati, Cleveland and Dayton – among the top 30 nationally for their optimum mix of job openings, salaries and affordable living. Ohio had more cities in the top 30 than any state except Texas.

HHS Secretary Kathleen Sebelius announced that Cincinnati and Detroit are the two final pilot communities selected under the new Beacon Community Program that is using health information technology to help tackle leading health problems in communities across the country. HealthBridge to receive $13.8 million over three years to help health providers in a 16-county area use health information technology.