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Dana Bartholomew

Stories by Dana

Another Insider for USC?

Interim head of Keck seeks dean’s job

USC Keck’s Dr. Laura Mosqueda is tasked with restoring the school’s reputation.

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Independent Physicians Look for Business Support

Medical Association confab offers help on challenges of running own practices

Private practice doctors brush up on business skills.

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Nanthealth Inc. Reports $175-Million Loss

Nanthealth Inc. of Culver City, part of a health care conglomerate owned by Los Angeles billionaire Patrick Soon-Shiong, on March 14 reported a net loss last year of $175 million, while revenue grew by 8 percent.

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Capricor Therapeutics Inc. Earned $2.4M Last Year to Reverse Large Loss

Capricor Therapeutics Inc. of Beverly Hills earned $2.4 million last year while demonstrating promise for a cell-based therapy for Duchenne muscular dystrophy, according to a company report.

Study: L.A.’s Small Businesses Optimistic About Growth

Small businesses across Los Angeles have seen a boost in sales and project continued growth through the end of summer, according to a new survey released March 13

Radiology Partners Raises $234 Million to Fuel Growth

Radiology Partners Inc. of El Segundo has raised $234 million in an equity funding round to support accelerated growth.

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Berkshire Hathaway’s Munger Gives $21M to Good Samaritan Hospital

Good Samaritan Hospital has received a $21 million gift from Berkshire Hathaway Vice Chairman Charles T. Munger to beef up its emergency department and make the 133-year-old hospital earthquake safe.

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Insurance Brokerages Continue Rebound on Jobs, Revenue

Insurance brokerage firms are profiting from the post-Great Recession’s strong economy.

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Science 37, Novartis to Conduct Virtual Clinical Trials

Science 37 Inc., a mobile tech and clinical trial firm based in Playa Vista, has struck a deal with Swiss pharma giant Novartis AG to conduct clinical trials with its iPhone app.

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Woman Sentenced to Federal Prison for Botched Cosmetic Procedure

A Monterey Park woman was sentenced to two years in federal prison for injecting “lamb’s fat” into a woman to enhance her buttocks, causing major injury, which and required reconstructive surgery, the U.S. Attorney’s Office reported March 6.

Closing Date Set for Community Medical Center Long Beach

Community Medical Center Long Beach will officially close on July 3 following the discovery of an active earthquake fault running directly beneath the 94-year-old hospital, officials announced.

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City of Hope Lands Nearly $6M Grant for Stem Cell Study for Sickle Cell Disease

A state agency that manages voter-approved stem cell research grants has awarded nearly $6 million to City of Hope for a clinical trial to treat severe sickle cell disease.

Locals Take Lead in Bioscience Growth

Grifols’ exec Zuniga gives back to alma mater, neighborhood on Eastside

L.A.’s growing biosciences industry is tapping into the local talent pool.

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Puma Biotech Loses $300M, Drug Sales Exceed Expectations

Puma Biotechnology Inc., which launched its signature breast cancer drug last summer in the U.S. before running into resistance in Europe, on March 1 reported a nearly $300 million loss for 2017.

Monrovia-Based Xencor Inc. Reports $49 Million Loss in 2017

Xencor Inc., a biotechnology company that produces monoclonal antibodies to combat cancer and other life-threatening diseases, reported a $12 million loss in the fourth quarter and an overall loss of $49 million last year.

First Choice Bank to Acquire Parent of Pacific Commerce Bank for $110.4M

First Choice Bancorp of Cerritos, the holding company for First Choice Bank, will acquire the parent company of Pacific Commerce Bank for roughly $110.4 million in stock, the companies announced Feb. 26.

Drug Maker to Boost Production

Spanish biotech giant Grifols S.A. grows its L.A. outpost with help from local universities.

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Los Angeles Developer Charged with Illegal Campaign Donor Scheme

A Los Angeles developer was charged Friday with illegally funneling tens of thousands of dollars to eight local politicians while trying to obtain a zone change in order to build a $72 million apartment building in Harbor Gateway.

Herbalife Reports $63M Q4 Loss, Increase in Global Sales

Shares of Herbalife Ltd. ratcheted up nearly 3 percent on Feb. 23, a day after the Los Angeles-based global health nutrition company posted a fourth quarter loss of more than $63 million

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Kite Will Pay up to $3 Billion for Experimental Cancer Therapy

Kite, a biotech firm based in Santa Monica, has paid $150 million to Richmond-based Sangamo Therapeutics Inc. to develop a gene-editing therapy to treat cancer, the companies announced Feb. 22. The deal could be worth up to $3 billion.

City Attorney Sentences Woman for Practicing Dentistry Without License

A Pico-Union woman has pleaded no contest to practicing dentistry without a license from her living room, which resulted in a serious injury from a botched root canal, the City Attorney announced Feb. 20.

Settlement Reached in ADA Suit Against West Hollywood-based Travel Co.

The Justice Department reached a settlement on Feb. 20 with a West Hollywood travel firm that allegedly turned down a request by deaf passengers for sign language interpreters on a cruise to Mexico.

Defunct Chinatown Hospital Could be Replaced by 24-Hour Urgent Care

The shuttered Pacific Alliance Medical Center in Chinatown could be replaced by a 24-hour urgent care center, according to a recent bid to buy the site.

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New Rep for Revision

Beverly Hills’ Famed Coterie of Plastic Surgeons Adds Role as Go-To Fixers on Botched Jobs

Beverly Hills plastic surgery centers are fielding requests for more corrective surgeries.

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Adventist Health to Shift Nearly 1,200 IT and Other Workers to Cerner Corp.

A state report lists nearly 1,200 pending layoffs at Adventist Health hospitals across the state, including hundreds at Adventist Health Glendale and White Memorial Medical Center in Boyle Heights. Only none of the workers will actually lose their jobs, according to the Roseville-based health system.

Former Los Angeles Banker Gives $1 Million to City of Hope to Train Docs

A Seattle-based foundation has donated $1 million to City of Hope to train clinicians in meeting the mental, social and spiritual needs of cancer patients.

Keck Aims to Address Brain Surgeon Burnout

Program lets class of 19 new neurosurgery residents pick mentors, assigns backups

Combating brain-surgeon burnout.

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Family of City of Hope Dynamo Gives $1 Million to Spur CART Cancer Therapy

The family of an executive who turned City of Hope from a country sanatorium for tuberculosis into a world renowned cancer center has donated $1 million for research in his name.

Kaiser Permanente Gives $3.1M to Encourage Kids’ Healthy Habits

Kaiser Permanente, the largest integrated health system in the U.S., donated $3.1 million to a program to promote healthy habits for kids in Los Angeles and throughout the nation.

Harbor Freight Mogul Gives $50M to Cedars-Sinai for Heart Research

The owner of Harbor Freight Tools USA Inc. and his foundation gave $50 million to Cedars-Sinai to advance cardiovascular research and innovation.

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Fourth-Quarter Results Contribute to Molina Health’s $500M Loss in 2017

Troubled insurance giant Molina Health Care Inc. on Feb. 12 reported a more than $500 million loss last year, with more than half occurring in the fourth quarter.

Torrance’s EP Wealth Advisors Scoops Up Millie Capital Management

EP Wealth Advisors, a wealth management firm in Torrance, has acquired Millie Capital Management for an unknown sum, the company said.

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ApolloMed to Manage 100,000 Patients at 17 Former Molina Healthcare Clinics

Apollo Medical Holdings Inc., a health care management firm based in Glendale, struck a deal with a newly founded Golden Shore Medical Group to manage 100,000 patients in California, the company announced Feb. 5.

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L.A. Man Indicted in International Cyberfraud Ring

Dozens of criminal charges have been filed following a federal investigation into a global cybercrime ring blamed for more than $530 million in losses caused by identity theft, according to the U.S. Department of Justice.

Harbor-UCLA Med Center Opens First Psychiatric ER for Adolescents in California

The overcrowded psychiatric emergency room at Harbor-UCLA Medical Center in Torrance was officially replaced on Feb. 7 with the opening of a $7.3 million expansion project that includes a space specially designed for teens.

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Children’s Hospital L.A. Joins Study Using Stem Cells to Treat Rare Heart Defect in Kids

Children’s Hospital Los Angeles has joined the first national study to employ stem cells to stave off heart failure in kids born with half a heart.

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ApolloMed to Manage 100,000 Patients at 17 Former Molina Healthcare Clinics

Apollo Medical Holdings Inc., a health care management firm based in Glendale, struck a deal with a newly founded Golden Shore Medical Group to manage 100,000 patients in California, the company announced Feb. 5.

Children’s Hospital L.A. CEO to Chair State Children’s Hospital Association

Paul Viviano, chief executive of Children’s Hospital Los Angeles, has been named chair of a state association for children’s hospitals to lead initiatives intended to help boost pediatric health.

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Puma Biotech Strikes Deal to Develop and Market its Breast Cancer Drug in China

Puma Biotechnology has struck an exclusive licensing deal to develop and sell its breast cancer drug across China. The news comes a week after the company announced Europe would likely block approval of the drug.

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Puma Execs Catch Break on Timing of Stock Sale

Paying tax on options a day ahead lessens pain of share price crash

ust short of a sharp share price drop, Puma Biotechnology execs sell.

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Mogul Moves on Hollywood Hospital

CHA Hollywood Presbyterian Medical Center breaks ground on hub of $310M expansion.

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L.A.’s GIFT LIST: $533M

Prominent people, brand-name institutions behind big number

The names and empires behind L.A. County’s biggest gifts, and the lucky recipients.

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Santa Monica-Based Hawke Media Picks Up Execute LA of Venice

Hawke Media, a digital marketing company based in Santa Monica and among the fastest growing firms in Los Angeles County, has acquired growth marketing specialist Execute LA.

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Key Deals: Kite Pharma Acquired by Gilead Sciences for $12 Billion

MONEY/Investment Banks

Gilead Sciences Inc.’s acquisition of Kite Pharma Inc. of Santa Monica for $12 billion was the headline-grabbing deal for the Los Angeles County biotech industry in 2017.

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Key Deals: El Segundo Physician Group Davita Medical Acquired by UnitedHealth for $4.9 Billion

MONEY/Investment Banks

The largest health insurer in the U.S. advanced deeper into direct medical services in 2017 by purchasing DaVita Medical Group of El Segundo, one of the nation’s largest physician groups, for $4.9 billion.

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Back to the Ballot for Hospitals

Children’s Hospital Los Angeles opened a $636 million hospital tower seven years ago thanks in part to a $1.75 billion bond approved by California voters to fix up hospitals that care for kids.

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Apple Launches Patient Health Records App in Los Angeles

Apple Inc. has reached out to Cedars-Sinai and Dignity Health to debut a system to allow patients to securely access medical records on their iPhones.

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Puma Biotechnology Stock Tumbles After Thumbs Down by Euro Drug Regulators

Shares in Puma Biotechnology Inc. plunged more than 27 percent on Jan. 24 after it announced its breast cancer drug had hit regulatory headwinds in Europe.

Caltius Structured Capital Provides Growth Capital for Musculoskeletal Clinical Regulatory Advisers

Caltius Structured Capital, an investment fund based in Brentwood, has invested in a Washington, DC-based health care advisory company for an unknown sum.

Arrowhead Pharma Raises $60 Million in Stock Offering

Arrowhead Pharmaceuticals Inc. of Pasadena has reported raising $60 million from selling shares of its common stock.