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...

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.

By Howard Fine November 21, 2016 12:54 p.m.   Share
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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.

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Laser Focus Feeds Facial Clinic’s Expansion Plan

BEAUTY: Skin Laundry sees low-cost service as opportunity to clean up.

Skin Laundry has fleshed out a business strategy with a focus on low-cost laser facials.

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Firm Offers Cut Suits as Real Plus to Medical Training

HEALTH CARE: Firm offers Cut Suits as real plus to medical training.

Cedars-Sinai helps medical staff make the cuts with the use of lifelike educational body suits.

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Pot Investors Try to Get Jump on Budding Market

MARIJUANA: Recreational use could spark range of ventures.

The prospect of legal recreational pot has lit a fire under some investors.

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Cities Mull Means to Smoke Out Tax Revenue From Recreational Weed

Measure offers two streams: state fund for law enforcement as well as additional local business levies

Some local cities are looking to potential pot taxes to blunt lingering budget deficits.

Medicare Accounts May Give Health Firm $117 Million Shot In Arm

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.

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Immunotherapy Cancer Treatment Taking Flight

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.

Eyes of Kids Worth Look For Nonprofit

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.

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Game Gives Firm Leg Up On Wellness

Citadel incorporates Pokémon Go craze into walking club program.

Citadel Environmental Services steps up its walking club program with the addition of Pokémon Go.

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Equity Firm Pulls Off Sweet $725 Million Deal for Maker of Twinkies

Is Gores Group developing a sweet tooth?