HEALTH CARE

New CEO at Dignity Health's Northridge Hospital Medical Center

Dignity Health has named Paul Watkins as president of the nonprofit’s Northridge Hospital Medical Center.

GoForward Opens New Concierge Medical Office at Americana at Brand

GoForward Inc. opened its second mall-based concierge medical service in Los Angeles County on Nov. 19 with a Forward Glendale office located at the Americana at Brand.

NantHealth Reports Nearly $100 Million Loss

NantHealth Inc. of Culver City, part of a health care conglomerate owned by Los Angeles billionaire Patrick Soon-Shiong, on Nov. 16 reported a third quarter loss of nearly $100 million, with flat year-over-year revenue.

Catasys Reports $4 Million Q3 Loss Despite Record Billings

Catasys Inc., a digital health analytics company based in Brentwood, reported a $4 million loss in the third quarter despite record billings and soaring enrollment.

LA Jobs on the Line With Takeda Poised for EU Approval for $62B Shire Buy

A Shire plasma plant in Atwater Village moved one step closer to being owned by Takeda Pharmaceutical Co. with the European Union reportedly poised to approve a $62-billion Shire deal that could impact hundreds of Los Angeles jobs.

Ritter Pharmaceuticals Raises $6 Million in Private Placement

Ritter Pharmaceuticals Inc., a Century City biotechnology company that develops therapies for gastrointestinal diseases, raised $6 million in a private placement from investors, according to a securities filing posted Nov. 9.

Wells Fargo Gives $1M to MLK Jr. Community Hospital to Recruit Doctors in South L.A.

Wells Fargo & Co. has donated $1 million to Martin Luther King Jr. Community Hospital to help alleviate a doctor shortage in South Los Angeles, the hospital announced Nov. 9.

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UCLA Awarded $3.5 Million to Develop Blood Test for Liver Cancer

UCLA scientists were awarded a $3.5 million federal grant to develop a blood test to detect early liver cancer, the university announced Nov. 7.

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Emmaus Life Sciences Raises $12 Million in Debt Securities

Emmaus Life Sciences Inc., a biotechnology company based in Torrance, has raised $12 million in debt securities, according to securities filing.

Hypothermia Devices Raises $11M in Funding

Hypothermia Devices Inc., a Brentwood-based medical device company that develops patient cooling-and-heating machines for emergency vehicles and hospitals, has raised nearly $11 million in investor funding, according to a Nov. 6 securities filing.

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American Healthcare Capital Advises on Personal Care Merger

American Healthcare Capital, an M&A advisory firm based in Marina del Rey, has facilitated the sale of Bring Care Home to Amedisys Inc. for unknown terms.

Digital Dollars

L.A. a leader in digital health funding as region gains foothold

The greater Los Angeles area now ranks among the top five digital health markets in the nation based on investor funding over the past few years

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UCLA Awarded $3.7 Million Federal Grant for Brain Research

Three UCLA neuroscientists were awarded a nearly $3.7 million grant from the National Institutes of Health to develop imaging technology to study how the brain functions in disease and in health.

PatientPop Scores $25 Million in Investor Funding

PatientPop Inc., a physician marketing platform based in Santa Monica, has raised $25 million during a Series B funding round, the company announced Oct. 31.

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Eleven Los Angeles Nursing Homes Rated ‘Best’ by U.S. News

U.S. News & World Report named 11 nursing homes in Los Angeles County among its list of best nursing homes for 2018-19.