HEALTHCARERecent and archived news stories on: Biotechnology, Doctors, Drugs, Health Insurance, HMO's/PPO's, Hospitals, Medical Devices, Nursing...
We selected Kiani—co-founder and longtime chief executive of Irvine-based patient monitoring device manufacturer Masimo Corp.—as the person to watch in 2016 based primarily on his ongoing effort to eliminate preventable patient deaths in U.S. hospitals by 2020.December 12, 2016 midnight $$ Share
Johnson & Johnson completed its $4.3 billion acquisition of Abbott Medical Optics Inc., a Santa Ana-based former subsidiary of Abbott Laboratories.
Avenu Medical Inc. in San Juan Capistrano has raised about $13.1 million through private placement, according to filings with the Securities and Exchange Commission.
Allergan PLC announced that it will buy Pleasanton-based Zeltiq Aesthetics Inc.’s CoolScupting System for $2.47 billion, or $56.50 per share, in a transaction that’s expected to be completed in the second half of 2017.
San Clemente-based Glaukos Corp. promoted Chris Calcaterra as chief operating officer, effective immediately.
Mission Viejo-based Ensign Group Inc. acquired the real estate and operations of Parklane West Healthcare Center, a 124-bed skilled nursing and 17-bed assisted living facility in San Antonio, Texas, effective Feb. 1.
Edwards Lifesciences Corp. in Irvine reported fourth-quarter earnings of $767.7 million, up 14.4% year-over-year. U.S. and international sales were $421.5 million and $346.2 million, respectively.
Fountain Valley Regional Hospital and Medical Center appointed Kenneth McFarland chief executive.
Irvine-based senior housing real estate investment trust HCP Inc. named Peter Scott executive vice president and chief financial officer.
Auxilio Inc. in Mission Viejo bought CynergisTek in Austin, Texas for up to $34.3 million—$26.8 million upfront and up to $7.5 million in milestone payments over the next five years.
Biolase Inc. in Irvine said Chief Financial Officer David C. Dreyer will resign effective Jan. 13 for “personal reasons unrelated to the company’s financial condition.”
Ivantis Inc. in Irvine closed on a $25 million Series C funding round for development and eventual marketing of a stent intended for use in glaucoma surgery.
Centennial Group Benefits in Costa Mesa merged with 23 other U.S. insurance brokers to form Alera Group, backed by San Francisco private equity firm Genstar Capital LLC.
Ensign Group Inc. in Mission Viejo bought the parcels under 15 assisted living facilities it runs in Wisconsin and plans to buy more land under the healthcare properties it operates in more than a dozen states.
Masimo Corp. in Irvine received FDA clearance for the sale of its TFA-1 Single-Patient-Use Adhesive Forehead Sensor.
Allergan plc bought LifeCell Corp., which develops aesthetic and regenerative medicine used in plastic surgery, for $2.9 billion, in a deal expected to close in the first quarter.