L.A. HEALTH CARE

Children’s Hospital Los Angeles’ IT Department Recognized

The Information Services Department at Children's Hospital Los Angeles was ranked among the best in the country, by Healthcare IT News, which publishes an annual list of the Best Hospital IT Departments in the U.S.

Arrowhead Pharmaceuticals Seeks Approval to Conduct Two Gene Therapy Clinical Trials

Arrowhead Pharmaceuticals Inc., which develops drugs to treat stubborn diseases by silencing the genes that cause them, reported it has filed for federal clearance to conduct to clinical studies of drugs aimed to treat liver disease and hepatitis B.

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Report: L.A. Doctors Get a Raise, Physician Job Growth Remains Flat

Doctor’s paychecks across Los Angeles County swelled on average 13 percent this year, more than twice the national average, according to a national research study released this week, while job growth lagged far behind major U.S. cities.

COPE Health Solutions Expands Workforce Training Program in Hawaii

COPE Health Solutions, a national health care analytics company based in downtown Los Angeles, has expanded its student scholars program to include Hawaii, the company announced Tuesday.

MemorialCare and Radnet Set Up SoCal Joint Venture for Outpatient Imaging Centers

MemorialCare Health Services and RadNet Inc. have founded a joint venture to operate what they say will be the largest outpatient medical imaging network in Los Angeles and Orange counties, the companies announced Monday.

Molina Healthcare to Vacate Office Space as Part of Massive Restructuring

To help save hundreds of millions during a large-scale company overhaul, Molina Healthcare has scrapped plans to move into a San Pedro office tower and is now vacating an office building in Long Beach.

Puma Biotechnology Added to Nasdaq Biotech Index

Puma Biotechnology Inc., whose breast cancer drug drew millions in sales since it was released last summer, has been added to the Nasdaq Biotechnology Index.

Cigna Corp. Acquires Santa Monica–Based Digital Health Technology Company Brighter Inc.

Insurance giant Cigna Corp. has acquired Brighter Inc., a digital health technology company based in Santa Monica, for an undisclosed sum.

Blockchain-Based Health Care Start-Up Curisium Raises $3.5 Million

Curisium, a Manhattan Beach–based start-up company that allows health care systems and biotech firms to contract through blockchain technology, has raised $3.5 million from investors, officials announced Thursday.

Kaiser Permanente Gives $600,000 to Aid SoCal Fire Relief

Kaiser Permanente is donating $600,000 to support recovery efforts for some of the worst wildfires to rage through Southern California.

Pasadena-based Arrowhead Pharmaceuticals Narrows Year-End Loss

Arrowhead Pharmaceuticals Inc., which develops drugs to treat stubborn diseases by silencing the genes that cause them, reported a fiscal 2017 year-end loss of $34 million, down 58 percent from a year ago.

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Providence St. Joseph and Ascension in Reported Merger Discussion

Providence St. Joseph Health, which runs 14 hospitals in Southern California, is in talks to merge with Ascension Health to create the nation’s largest hospital chain, according to the Wall Street Journal.

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UnitedHealth Group to Buy DaVita Medical Group of El Segundo for $5 billion

The largest health insurer in the U.S. will buy DaVita Medical Group of El Segundo, one of the nation’s largest physician groups, for $4.9 billion.

Gilead Sciences and Kite Pharma Acquire Cell Design Labs

Biotech giant Gilead Sciences Inc. and its Kite Pharma Inc. subsidiary in Santa Monica are buying Cell Design Labs Inc. for up to $567 million as the battle to develop cancer-targeting cell therapies heats up.

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Local Businesses Offer Services for Southern California Fire Victims

Businesses across Southern California, from insurance companies to animal hospitals, are lending support to those affected by wildfires raging across Ventura and Los Angeles counties.

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