Biocom Announces New Advisory Board to Boost L.A. Biotech

Biocom announced Thursday the formation of an advisory board for its Los Angeles office to help spur one of the nation’s fastest growing biotech markets.

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Gilead Buys Santa Monica’s Kite Pharma in $12 Billion Cancer-Drug Deal

Santa Monica biotech firm Kite Pharma Inc., which develops drugs to fight cancer, is being swallowed up by Gilead Sciences for nearly $12 billion, company officials announced Monday.

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Cedars-Sinai Launches Master’s Program for Health Care Data Collection

Cedars-Sinai opened the doors Monday for its first accredited master’s degree program in health delivery science.

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Insurance Startup Adds Capital, Jobs

Joany co-founders boost staff levels from 12 to 50 on back of $13 million Series A round.

Insurance firm Joany receives a healthy boost with a $13 million Series A round.

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Cedars-Sinai Develops Experimental Technology to Detect Alzheimer’s

Researchers at Cedars-Sinai Medical Center, in conjunction with Sacramento-based NeuroVision Imaging, announced Tuesday they have discovered a way to detect and identify Alzheimer's disease by optically scanning eyeballs.

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City Council OKs Ambulance Fee Hikes

Private ambulance businesses across Los Angeles were given a financial boost Friday with permission to raise medical and transportation fees.

Ares Spending $1.45 Billion on Doctors

Doctors are in as assets as Ares Management sinks $1.45 billion in medical group.

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Ares Management Invests $1.45 Billion into Chicago Medical Group

Ares Management has invested $1.45 billion into DuPage Medical Group, the largest independent physicians group in Chicago.

Providence Health Joins Keiro to Offer Care for Japanese-Americans

Providence Health & Services Southern California has joined forces with Keiro, a downtown-based nonprofit social service agency, to offer the nation’s first palliative care targeted for Japanese-Americans.

Cedars-Sinai Gives $5 Million Grant for Community Health Programs

Needy residents have received a health care boost from a nearly $5 million Cedars-Sinai Medical Center grant to bolster local community clinics and mental health agencies, hospital officials announced Wednesday.

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Report: UCLA, Cedars-Sinai Hospitals Among Top Nationally

Two Los Angeles medical centers were ranked among the top dozen hospitals in the nation, making the honor roll of best U.S. hospitals, according to a U.S. News & World Report scorecard.

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YogaWorks’ Stock Plummets in Public Debut

YogaWorks Inc.’s second attempt at an initial public offering was a go Friday, but despite an aggressive repricing, the company’s stock did a good downward dog impression.

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Patrick Soon-Shiong’s NantHealth to Lay Off 300 Employees, Sell Health Care Software

NantHealth Inc. announced plans Thursday to lay off about 300 of its staff and sell its provider and patient messaging platform to Allscripts in a move that it expects to save the company more than $70 million annually, according to a filing with the Securities and Exchange Commission.

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Molina Healthcare to Exit Exchanges in Wisconsin, Utah

Molina Healthcare Inc. said it is leaving the Affordable Care Act health plan exchange market in Utah and Wisconsin as part of a cost-cutting plan.

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Report: Molina Healthcare to Cut 1,400 Jobs

Long Beach-based Molina Healthcare Inc. plans to cut 1,400 jobs in the next few months, Reuters reported Monday.