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Latest PPD sale report involves minority stakes
The latest report of a Pharmaceutical Product Development (PPD) sale involves minority stakes. Private equity firm owners Carlyle Group and Hellman & Friedman – which took PPD private for $3.9...
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BioMérieux cuts ribbon on $60M Durham expansion
French life sciences company bioMérieux held a ribbon cutting ceremony Wednesday for its $60 million expansion in Durham at Treyburn Corporate Park. The expansion is for a new production line that will...
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Mylan completes Cold-EEZE acquisition
Mylan NV on Wednesday said it completed its acquisition of the global rights to Cold-EEZE brand cold remedy line from ProPhase Labs Inc. It is now Mylan’s (Nasdaq:MYL) largest U.S. consumer health care...
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UCSF gets record NIH funding, but what happens when it’s cut?
Last year, the University of California, San Francisco broke its NIH funding record by bringing in $577 million, the second largest recipient in the country. It's a heavyweight funding title it has...
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LifeTeam to relocate to Wichita
Newton-based LifeTeam announced plans Thursday to relocate its headquarters to Wichita near Col. James Jabara Airport in northeast Wichita, where it also plans to later build a maintenance facility...
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St. Anthony's names an interim CEO
Kelly Wetzler has been named interim president and CEO of St. Anthony’s Medical Center. Wetzler joined St. Anthony’s in 2015 as senior vice president of special projects. She was appointed interim...
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Wichita Airport Authority: LifeTeam a good fit for growth plans
The planned relocation of LIfeTeam’s headquarters from Newton to Wichita won’t just bring the growing medical transport company back to the Air Capital, it will also serve as a potential catalyst for...
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Colorado's Catholic Health Initiatives cuts 620 jobs in Texas
Colorado-based Catholic Health Initiatives' Texas division said today it has eliminated 620 positions across its three systems in the Lone Star State. That 620-position reduction is less than 4 percent...
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Providence MS Center patients could benefit from newly approved drug
The Providence Multiple Sclerosis Center in Portland has received a flood of calls this week after the U.S. Food and Drug Administration approved a new therapy for multiple sclerosis. What makes...
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UCF, HCA hospital partnership earns key state approval
The University of Central Florida and Nashville-based HCA Healthcare's proposed teaching hospital in Lake Nona earned a key unanimous approval Thursday from the State University System’s Board of...
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Health insurers weigh plans amid uncertainty
The American Health Care Act advanced by President Donald Trump and House Speaker Paul Ryan (R-Wisconsin) would have resulted in large increases in premiums for individuals enrolled with Common Ground...
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$20M Adventist Care Center's nursing facility to create 150 jobs (Video)
The new Adventist Care Center's nursing facility in Kissimmee will create 150 new jobs once it opens in April 2018. “Those jobs will include licensed nurses, speech therapists, certified nursing...
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Rural hospital tax credit bill clears General Assembly
Donors to rural hospitals in Georgia would get a larger tax credit in return for their contributions under legislation that cleared the General Assembly Thursday. On the final day of this year's...
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Abiomed unveils expanded Danvers HQ as headcount soars
Medical device maker Abiomed has more than doubled the size of its Danvers headquarters and boosted its headcount in the state to more than 400 employees amid strong revenue growth for its line of...
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VIDEO: Renowned KC cardiologist: 'Our work has never been more important'
Dr. John Spertus, cardiologist and director of outcomes research for Saint Luke's Mid America Heart Institute, said the tracking of patient outcomes would become increasingly important as health care...
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This Chicago surgeon's app wants to give doctors a better search tool than...
Even a brain surgeon, with years of schooling and countless hours of operating experience, doesn't have all the answers. Doctors need to access medical information fast, and they need it to be...
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Regenerative medicine meets advanced manufacturing in new $20M Triad initiative
The Wake Forest Institute for Regenerative Medicine will lead a $20 million effort to apply advanced manufacturing to regenerative medicine, the organization announced Friday in Winston-Salem. The $20...
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Ohio State adjunct med school professor named health IT chief in Trump...
Dr. Donald Rucker, an adjunct professor at Ohio State University, has been named to a federal post that oversees and encourages adoption of information technology throughout health care, such as...
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Census shows Buffalo-area uninsured rate continues to drop
While federal legislators continue to argue about how to repeal or replace the Affordable Care Act, new numbers from the U.S. Census Bureau demonstrate how much of an impact the law has had on the...
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North Scottsdale Class A buildings sell for $12.1M, one for $313 per foot
Two Class A office buildings in north Scottsdale have sold for a combined $12.13 million. Cushman & Wakefield’s Eric Wichterman and Ryan Spiekerman and Adam Feldman of Helix Properties brokered...
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