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Boca Raton Regional Hospital flips to profit
Boca Raton Regional Hospital regained profitability in its most recent fiscal quarter. The nonprofit hospital earned $7.1 million for the fiscal second quarter ended Dec. 31, compared to a $328,000...
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Ohio doctors' quality and cost ratings could be posted online
Ohioans could search the cost and quality performance of individual physicians online in a few years under a nascent plan from Gov. John Kasich's administration. Ohio Medicaid has begun a program that...
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Crowds danced and raised nearly $3M for type 1 diabetes research at JDRF...
Cheers and tears at the 28th-annual JDRF Dream Gala on Feb. 25, which raised almost $3 million for the treatment, prevention and cure of type one diabetes (T1D). The JDRF Seattle Guild (JDRF used to...
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Cedar Lake opens two $1.3 million home facilities
Cedar Lake Inc., a local nonprofit care provider, is opening two first-of-their-kind intermediate care homes in La Grange. Built in the Sycamore Run neighborhood of La Grange, these intermediate-care...
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How Mercy CEO Starcher built his management team (Video)
Before John Starcher could get Ohio’s largest hospital system back on its feet, he had to stop the bleeding. Hundreds of millions of dollars in red ink flowed from moves made before Starcher was named...
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BDSI CEO: $75 million debt round necessary to move pain management drug forward
After reacquiring the license to pain management product Belbuca at the beginning of the year, Raleigh’s BioDelivery Sciences International (Nasdaq: BDSI) has secured up to $75 million in debt...
View ArticlePhoenix adds two more physical therapy centers
A western Pennsylvania company that operates more than 65 outpatient physical therapy centers across the mid-Atlantic region has opened two new sites. Blairsville-based Phoenix Rehabilitation and...
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Despite failures, Genentech, partner push on with new Alzheimer's trial
Genentech Inc. will launch a second late-stage trial of an experimental Alzheimer's disease drug, its Swiss partner AC Immune SA said Tuesday. The 750-patient, Phase III study of the drug, called...
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Community health center to build $7M clinic
Hunter Health Clinic Inc. is moving forward with a $7 million expansion plan. The organization has contracted with Dondlinger & Sons Construction Co. to build a 21,000-square-foot clinic at 2318 E....
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Cempra cuts workforce by 67 percent
Following the U.S. Food and Drug Administration’s rejection of its pneumonia drug in December, Chapel Hill-based Cempra (Nasdaq: CEMP) announced Tuesday that it has reduced its workforce by 67 percent,...
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Baptist Health unveils second building on North campus, includes opening a YMCA
A YMCA at Baptist North Medical Campus officially opened on Monday with a ribbon cutting ceremony at the facility. The building is integrated into the second phase of expansion at the Baptist facility...
View ArticleAt rare disease panel, ex-FDA new drug head preaches evidence over empathy
A former FDA official who raised concerns last year over the agency’s decision to approve a rare disease drug made by Cambridge-based Sarepta Therapeutics said on Tuesday that regulators must...
View ArticleAHN's Hearing and Balance Center expands
Allegheny Health Network's Hearing and Balance Center has expanded into new space at Allegheny General Hospital and now offers "comprehensive" testing and treatment for a wide array of conditions,...
View ArticleSwiss pharmaceutial company begins drug trials in Memphis
As a Swiss pharmaceutical company opens its first U.S. office in Massachusetts, one of its drug trials will be held in the Memphis area. Santhera Pharmaceutials, a Swiss specialty company focused on...
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Pittsburgh behavioral health docs push for passage of postpartum screening bill
Pennsylvania's existing monitoring system for at-risk children covers a number of things, from low birth weight to lead poisoning to support for infants born into potentially dangerous environments,...
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Alere delays annual filing for second year in a row
Waltham diagnostics firm Alere said Wednesday that it will delay filing its annual financial report for the second year in a row while it reviews possible accounting errors, including what the company...
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Univera parent posts 2016 surplus of nearly $100 million
Univera Healthcare’s parent company saw net income nearly double in 2016, ending the fiscal year with a surplus of $99.5 million on revenue of $5.98 billion. Rochester-based Excellus Health Plan Inc....
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Blood lust: Liquid biopsy startups Grail, Freenome raise record $1 billion in...
Startups Grail Inc. and Freenome Inc. — symbols of how machine learning, artificial intelligence and other high-profile tech tools are shaping the life sciences — collectively raised a record $1...
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Why this health system just gave hundreds of Northern Virginia employees a raise
Novant Health will soon give about 2,000 employees — including about 350 workers in Northern Virginia — a raise in a move that will cost the health system $1.2 million annually. The reason for the pay...
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Bamboo, Novan execs talk deal-making strategies at CED Life Science Conference
Sheila Mikhail, former CEO of Bamboo Therapeutics, and Nathan Stasko, CEO of Novan, discussed deal-making strategies Wednesday at the CED Life Science Conference, held at the Raleigh Convention Center....
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