LA HEALTHCARERecent and archived news stories on: Biotechnology, Doctors, Drugs, Health Insurance, HMO's/PPO's, Hospitals, Medical Devices, Nursing...
Long Beach managed health care services provider Molina Healthcare Inc. landed $117 million worth of Medicare Advantage accounts from national health insurers Aetna Inc. and Humana Inc. last week.
BIOTECH: Kite’s state-of-art facility puts research on fast track.
Kite Pharma’s nondescript El Segundo manufacturing facility is at the forefront of cancer-fighting efforts.
Austin Beutner frames children’s health as Vision to Learn’s goal.
Austin Beutner sees Vision to Learn’s eye exams as a way to focus on children’s health.
Citadel incorporates Pokémon Go craze into walking club program.
Citadel Environmental Services steps up its walking club program with the addition of Pokémon Go.
Is Gores Group developing a sweet tooth?
FOOD: Conference to field rooting interest in growing sales of natural products.
As natural food sales soar past $100 billion, stakeholders and investors in the booming industry are preparing to gather for the inaugural Food 2.0 conference June 7-9 at downtown L.A.’s Millennium Biltmore Hotel.
Billionaire Patrick Soon-Shiong’s health care IT firm NantHealth has announced that it filed for a $92 million initial public offering late Friday.
The Daughters of Charity Health System has finally closed the deal with New York private investment firm BlueMountain Capital Management to transfer control of six struggling Daughters of Charity hospitals, including two in Los Angeles County, and create Verity Health System.
Five people, including a former Long Beach hospital executive, have been charged by the Justice Department in related, long-running alleged kickback schemes involving almost $600 million in fraudulent billings by L.A. County hospitals.
Shareholders of Woodland Hills health insurance provider Health Net Inc. and St. Louis-based Centene Corp. have approved the two companies’ planned merger, which is scheduled to close early next year.
Santa Monica biopharmaceutical firm Kite Pharma Inc. has inked an exclusive licensing and research deal with Alpine Immune Sciences Inc. to discover and develop T-cell therapies to treat cancer using aspects of Alpine’s protein technology.
Cannabis industry consulting firm Medbox Inc. announced Thursday that it has reached a settlement regarding lawsuits against the company and several of its insiders related to problems with the West Hollywood firm’s financial reporting over the past few years.
Cedars-Sinai Medical Center will launch an accelerator program in conjunction with Techstars that’s focused on bringing innovative health care entrepreneurs to Los Angeles.
Santa Monica cancer drug developer Kite Pharma Inc. announced it had entered into another exclusive worldwide license with the National Institutes of Health for immuno-oncology drug candidates. This latest license covers treatments targeting tumors associated with lung, gastric, pancreatic and breast cancer, among others.
Billionaire Patrick Soon-Shiong’s health care technology holding company NantWorks has paid $50 million for a majority stake in clinical-stage biopharmaceutical firm Precision Biologics Inc. of Dallas.