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Dana Bartholomew

Stories by Dana

USC Cancer Institute Backed by Billionaire Larry Ellison Lands in West L.A.

USC is preparing to open a cancer research center in West Los Angeles next spring thanks to a $200 million gift from tech tycoon Larry Ellison, a founder of Oracle Corp.

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Developers Expand Medical Complex Near DTLA

Plan for 3-story, 48,000 SF building in Pico-Union advances

Second phase of newer downtown medical complex to break ground next summer.

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Shamrock Capital Advisors Sheds Giant Creative Strategy for Up to $97M

Westwood-based investment firm Shamrock Capital Advisors has sold its majority stake in Giant Creative Strategy in a deal valued at up to $97 million.

Keck Medicine of USC to Lead a $27M Study on Prostate Cancer in Black Men

The Keck School of Medicine of USC will lead a nearly $27 million study on why African-American men were more likely to die from prostate cancer.

Two More L.A.-area Surgeons Charged in Connection With $40 Million Kickback Scheme

Two more Los Angeles-area doctors were charged on suspicion of participating in a $40 million health care kickback scheme, the U.S. Attorney’s Office announced July 16.

Kaiser Permanente to Support Training Program for Small Businesses in L.A. County

Kaiser Permanente of Southern California is supporting free training for small businesses in economically underserved communities across the region.

UCLA Leads the Nation in Organ Transplants

Ronald Reagan Medical Center led the nation last year in the number of organ transplants, with 641 surgeries performed at its Westwood campus.

Snyder Family Donates $1 Million to UCLA Stein Institute

The UCLA Stein Eye Institute has received a $1 million gift from Joan and Jerome Snyder to set up an endowed faculty chair in its department of ophthalmology.

Construction Booms On

REAL ESTATE: $10B in local billings for 2017

The construction boom continues for L.A. County contractors.

Arrowhead Takes Flight

HEALTH CARE: $1.4B market cap for biotech firm

Shares of Pasadena’s Arrowhead Pharmaceuticals Inc. take flight.

Advanced TeleSensors Raises $2.8M to Back Baby Heart Monitor

Advanced TeleSensors Inc., a digital health company based in Pasadena marketing a wireless monitor for babies, has raised nearly $2.8 million from investors, according to a securities filing.

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Weingart Center of Downtown Names Warren Loui as Chairman

The Weingart Center, a downtown-based social service agency for the homeless with plans to build largest supportive housing project in Los Angeles, has named Warren Loui as chairman of the board.

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Anonymous Donor Gives $20 Million to Children’s Hospital Los Angeles to Expand ER

An anonymous philanthropist has donated $20 million to Children’s Hospital Los Angeles to expand and equip its overcrowded emergency room.

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Cedars-Sinai Accelerator Welcomes Nine New Digital Health Startups

Cedars-Sinai Medical Center has ushered in nine digital health startups from across the globe into its business accelerator program.

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Los Angeles Kicks Off 2018 Youth Jobs Program

Los Angeles Mayor Eric Garcetti launched a nearly $6 million youth employment program expected to match tens of thousands of young people with summer and year-round jobs.

Cedars-Sinai Appoints New COO

Cedars-Sinai Medical Center has named Dr. Jeffrey A. Smith to serve as its chief operating officer following a nationwide search.

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Survey Says: L.A. at Risk of OB-GYN Shortage

Looming retirements, physician fatigue could be contributing factors

New report predicts insufficient numbers of OB-GYN doctors in L.A. County.

L.A. County Appoints Leaders to Head New Agency to Promote Bioscience

Los Angeles County has appointed two executives to launch a new agency to promote an emerging bioscience industry, officials announced on July 5.

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Silver Lake Medical Center to Pay $550,000 Settlement for Illegal Patient Dumping

Los Angeles prosecutors announced on July 2 they had reached a $550,000 settlement with Silver Lake Medical Center in Westlake, the second health care agency in a week to reach a financial agreement after accusations of illegal patient dumping.

BionicLogic Raises $1.5 Million

BionicLogic Inc., a Santa Monica-based tech company that develops software applications, has raised $1.5 million from investors, according to a July 2 securities filing.

European Regulators Give an Early Nod to Cancer Treatments From Puma, Kite

European drug regulators have recommended the approval of two cancer treatments developed by two Los Angeles-area biotech companies – Puma Biotechnology Inc. of West L.A., and Kite, a Gilead Co., of Santa Monica.

Santa Monica-Based Casetabs Raises $2.3 Million From Investors

Casetabs Inc., a digital health company based in Santa Monica, has raised $2.3 million during a fundraising round, according to a securities filing.

Cedars-Sinai Announces Layoffs

Downsizing part of efficiency push at biggest hospital in market

Cedars-Sinai trims workforce.

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Biotech Gets Defense Dollars

HEALTH CARE: Firms now turn toward commercialization

Federal contracts give biotech a boost.

Dozens of Los Angeles-Area Doctors and Others Charged for Felony Health Care Fraud

Federal prosecutors in Los Angeles have charged nearly three dozen physicians, pharmacists and others alleged to have tried to bilk insurers out of $660 million in fraudulent health care bills.

City of Hope Receives $3.7M to Conduct Stem Cell Research on Brain Cancer

The state stem cell agency awarded $3.7 million to City of Hope National Medical Center million to conduct stem cell research targeting glioblastoma, the hospital announced June 28.

City Attorney Wins $450,000 Settlement From Nursing Home Accused of Patient Dumping

The Los Angeles City Attorney’s Office has reached a $450,000 settlement with a South L.A. nursing home alleged to have illegally discharged homeless patients.

Molina Healthcare Spins Off Medicaid Management Business for $200M

Molina Healthcare Inc. announced June 27 it would sell its Medicaid management information systems business for roughly $200 million.

Pasadena-Based HMRI Names New CEO

Huntington Medical Research Institutes, an independent biomedical research center in Pasadena, announced June 27 it appointed Julia Bradsher as chief executive.

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Staar Surgical Strikes Deal With Japanese Eye Clinic

Staar Surgical Co., a Monrovia-based company that manufactures implantable lenses for the eye, announced an agreement to sell lenses to an eye clinic based in Japan.

Inter Valley Health Plan Hires VirtualHealth to Manage Medicare Patients

Inter Valley Health Plan Inc., a Pomona-based health insurer for seniors with Medicare, has hired Virtual Frameworks Inc. to provide its software platform for patient management.

Report: Children’s Hospital L.A. Ranked No. 1 Kid’s Hospital in the West

Two Los Angeles children’s hospitals scored among the highest in the nation, with Children’s Hospital Los Angeles named the No. 1 children’s hospital in the West, according to a U.S. News & World Report ranking.

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Cedars-Sinai Launches Program to Speed Up Treatments of Gut-Related Illnesses

Cedars-Sinai Medical Center has launched a health initiative to speed the development of new drugs, medical devices and treatments for patients with gastrointestinal diseases.

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L.A. Hotbed for Health Care Transfer

Royalties stream into area hospitals, universities

How health care systems turn R&D into royalties.

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UCLA Stakes Claim on Inaugural Innovation Day

Unifies researchers across various disciplines under tech development group

UCLA stakes claim on innovation.

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LA BioMed Gets Nearly $700,000 to Improve Heart Disease Screenings for Newborns

The National Institutes of Health has awarded nearly $700,000 to a researcher at LA BioMed to improve screening in newborn babies at risk of congenital heart disease.

Bruce Blomstrom, Co-Founder of Pasadena BioScience Collaborative, 80

Bruce Blomstrom, a co-founder and longtime president of the Pasadena Bioscience Collaborative Incubator, has died. He was 80.

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City of Long Beach Seeks Operator for its Community Medical Center, Set to Close

The City of Long Beach will enter into negotiations for a new operator to run its Community Medical Center Long Beach, as closure looms after discovery of an active earthquake fault.

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AcuraStem Gets $3.7 Million Grant to Treat ALS

AcuraStem Inc., a biotech company based in Monrovia, has received a $3.7 million fast-track grant to develop a treatment for Lou Gehrig’s disease.

Children’s Hospital L.A. Offers Genetic Cancer Test to New Hospital Consortium

Children’s Hospital Los Angeles has joined a national consortium of pediatric hospitals that will employ its personalized cancer treatment for children.

BNY Mellon Wealth Management Hires Chuck Long to Run L.A. Office

BNY Mellon Wealth Management has named financial veteran Chuck Long to serve as regional president of its Century City office.

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Three More Physicians Charged in $580M Kickback Scheme at Pacific Hospital

Three more doctors were charged in connection to an alleged $580 million kickback scheme linked to spinal surgeries at the defunct Pacific Hospital in Long Beach.

German Employer of Autistic Professionals to Acquire MindSpark

An award-winning German firm that employs professionals with autism across Europe is acquiring Santa Monica–based MindSpark Inc. to mark its entry into the U.S. market.

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PeproMene Bio Receives $40 Million

Biotech firm’s immunotherapy drug was developed at City of Hope

PeproMene Bio Inc., an Irvine-based biotechnology company with a blood cancer immunotherapy licensed from City of Hope, has received $40.2 million in investor funding.

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Cannabis Media Company Prohbtd Media Raises $8 Million

Prohbtd Media Inc., a cannabis media company based in Culver City, has raised $8 million in a series A funding round.

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Air Lease Corp. to Sell $500 Million in Notes

Air Lease Corp., a global aircraft leasing company based in Century City, has announced the pricing of $500 million in unsecured senior notes.

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UCLA Leads the Nation in Kidney Transplants

UCLA Health led the nation last year in the number of kidney transplants, with a record 363 surgeries performed at its Westwood campus, the university announced.

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Meyer and Renee Luskin Give $1 Million to Orthopaedic Institute for Children

Los Angeles philanthropist and businessman Meyer Luskin and his wife Renee have donated $1 million to the Orthopaedic Institute for Children in downtown, the hospital announced June 11.

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Biotech Mogul Patrick Soon-Shiong to Launch Nant IPO

Los Angeles billionaire Patrick Soon-Shiong may soon add another public company to his stable of biotechnology firms, a spokeswoman said on June 11.

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L.A. Jobs on the Line as Opponents Battle $62 Billion Takeda Buyout of Shire

A group of shareholders that includes the founding family of Takeda Pharmaceutical Co. Ltd. of Japan aims to scuttle a $62 billion acquisition of Shire Plc. The outcome could affect Shire jobs in Los Angeles.

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