Los Angeles Business Journal

LA HEALTHCARE

Recent and archived news stories on: Biotechnology, Doctors, Drugs, Health Insurance, HMO's/PPO's, Hospitals, Medical Devices, Nursing...

Rival Puts Bite On ‘Superfood’

FOOD: Overseas buyer grabs Essential Living on the cheap.Bankrupt “superfood” dealer Essential Living proves a tasty target for snack company.

By Caroline Anderson March 10, 2017 midnight   Share
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Produce Company Sows Seeds of Growth in Deal

AGRICULTURE: Progressive branches out into more fruits with deal for competitor.

Progressive Produce will now bear more fruit products after its pickup of a competitor.

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Homeboy’s Desire for Revenue Generator Powered Recycler Acquisition

E-Waste Pickup

Gang member rehabilitator Homeboy Industries seeks revenue charge from e-recycling.

U.S Dept. of Commerce Grants $500,000 to Cal State L.A. For Bioscience Bootcamp

The U.S. Department of Commerce granted nearly $500,000 to California State University, Los Angeles and its partners, the Biocom Institute and the Los Angeles Cleantech Incubator (LACI), to fund the creation of a bootcamp for bioscientists in the region.

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Deadline Looms for Signage on Public Restrooms

REGULATION: Businesses could face lawsuits over lack of gender-neutral facilities

Law on gender-neutral signage for single-occupant restrooms kicks in March 1.

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Venture Takes Shot With Telemedicine

SnapMD investors check in with $8.5 million to help firm nurse video-streaming consultations.

Funding round gives a shot in the arm to SnapMD’s online doctor consultations.

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Pot Consultant Builds on Buzz

Glendale cannabis consultancy Siva Enterprises has seen business light up after passage of Proposition 64.

Cedars-Sinai Sues HealthCare Partners Over $6 Million in Unpaid Bills

Cedars-Sinai Medical Center filed a lawsuit Tuesday alleging El Segundo-based HealthCare Partners has failed to pay more than $6 million for services provided by the hospital.

Apollo Medical to Merge with Network Medical Management

Apollo Medical Holdings Inc. of Glendale announced Thursday that it is joining with Alhambra-based Network Medical Management Inc. in a stock-for-stock merger.

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Doing Business in L.A. Grew Tougher This Year

COMMERCE: Survey sees costs jumping even higher in 2016 with new taxes.

It might not be what local business owners want to hear, but the cost of doing business in Los Angeles has gone up yet again and will likely jump even more next year, according to a survey to be released this week. The annual Kosmont-Rose Institute Cost of Doing Business Survey has classified 46 of the 74 Los Angeles County cities surveyed as either “high cost” or “very high cost” in terms of tax and fee rates for businesses in 2016. That’s up from 45 last year and 44 the year before that, representing a steadily increasing trend. Even worse, eight area cities – including Los Angeles, Beverly Hills, Santa Monica, and Culver City – rank among the 20 most expensive cities in which to do business in the Western United States. That’s also up one from last year.

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Legal Weed Lights Fire Under Regulatory Drive

MARIJUANA: Businesses get to work on compliance system for city of L.A.

Legalization of pot has L.A. businesses abuzz over setting up a regulatory regime by 2018.

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Chemical Testing Firm Puts Money on Staffers

BIOTECH: Phenomenex’s CEO to share $12 million from sale of his company.

Chemical testing firm Phenomenex spreads the wealth by sharing $12 million windfall with employees.

Famebit Acquired by Google

Multichannel media network Famebit has been acquired by Google for an undisclosed amount.

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Mat Maker Not Stressed by Price

BallerYoga forms business around high-price product with football-like texture.

Mats made of football-like leather just feel right to YogaBaller founder Cedric Yau.

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Life Sciences Get Shot In Arm in L.A.

Trade group pumped about prognosis for local industry’s future.

Trade group California Life Sciences Association pursues healthy returns at a new L.A. outpost.