Orange County Business Journal

HEALTHCARE

Recent and archived news stories on: Biotechnology, Doctors, Drugs, Health Insurance, HMO's/PPO's, Hospitals, Medical Devices, Nursing...

Ackman Puts Allergan Directors at Forefront of Takeover Fight

HEALTHCARE: Sticks with candidates in face of critique

Expect the fight over Irvine-based Allergan Inc. to turn toward the drugmaker’s board room.

St. Joseph New Anchor for Downtown Anaheim With 191,556-SF Lease

REAL ESTATE: Deal for 8-story office largest so far this year

An eight-story building near Anaheim’s City Hall that previously served as the local operations hub for AT&T Inc. has been leased to a growing integrated-care medical group affiliated with Orange-based hospital operator St. Joseph Health System.

Questcor’s $5.8B Bow

Big Revenue Gains Precede Big Pharma Deal

The company that topped the Business Journal’s 2014 list of the fastest-growing large public companies based in Orange County has already taken itself out of the running for next year’s title.

Cold Heat

Cryoport Gets Goods There Cold, Grows Revenue by Nearly 400%

Cryoport Inc.’s chilly business is fueling red-hot sales growth.

OC’s Hollywood Side; Montage on Block? Ackman at Airport

Sometimes the uninitiated are right even when they’re wrong about Orange County.

Tenet Names Placentia Hospital CEO

Tenet Healthcare Corp. named Audrey Gregory the new chief executive of Placentia-Linda Hospital.

CEO: Quality Systems Showed ‘Marked Improvement’

Most of Software Maker’s Growth Through Mirth

Irvine-based healthcare software maker Quality Systems Inc. is showing “marked improvement across all fronts of the organization,” according to Chief Executive Steve Plochocki.

Toshiba Ads to Medical Pros: You Have a Voice

Aims to Distinguish Firm From Rivals in Industry

Toshiba America Medical Systems has launched an advertising campaign that aims to position the Irvine-based diagnostic imaging company as one that “adapts to and understands its customers’ business,” according to Nancy Gillen, its vice president of marketing.

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Pac Communications Founder to Retire

Pacific Communications President Ryan Abbate said he will retire at the end of the year.

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AtheroNova Prices Offering

Irvine-based biotechnology company AtheroNova Inc. priced an offering of 4 million shares of its stock and warrants to buy its stock.

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Placentia-Linda Hospital Names Chief Executive

Tenet Healthcare Corp. said today that Audrey Gregory is the new chief executive of Placentia-Linda Hospital.

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CareTrust Buys Idaho Senior Housing

Mission Viejo-based CareTrust REIT Inc. said today that it will spend $12 million to buy three senior housing facilities.

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Valeant Might Up Bid; Allergan Beats the Street

Valeant Pharmaceuticals International Inc. said today it would be willing to raise its hostile takeover bid for Irvine-based Allergan Inc. to $200 a share.

Abbott Medical Optics Unveils Two New Products

FDA OK’d Their Laser for Cataract Surgery Use

Abbott Medical Optics, a Santa Ana-based business unit of Chicago-based Abbott Laboratories, is introducing a pair of products for laser cataract surgeries.

Pac Life Adds Tea Leaves to Brew in Newport Center

Not much math but plenty of tea leaves to read on the Pimco-Janus front.