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Healthcare is more often being delivered outside of traditional hospital walls, a trend that has been driven to some degree by the Affordable Care Act, as well as by technological improvements. Orange County hospitals are no stranger to the shift. The Business Journal’s Vita Reed talked to several hospital executives to discuss outpatient offerings and their purposes. Edited excerpts of their answers follow.
28 on List Have Second Down Year in a Row
Pretax profits dropped steeply at Orange County’s largest hospitals during the past year.
Law Requires the Hospitals To Assume Social Obligation
More than a few of Orange County’s prominent hospital operators deliver something in addition to their standard healthcare: “community benefits.”
Here are a couple of big OC names that make a natural marketing match: Pacific Life and filmmaker MacGillivray Freeman.
Credits Bigger Post-Reform Medicaid Enrollee Numbers
Tenet Healthcare Corp. (see story, page TK), which owns three Orange County hospitals, should get a bump this year from increased Medicaid enrollment fueled by healthcare reform, according to one analyst.
Chapman University said its new School of Pharmacy earned “precandidate” accreditation by the Chicago-based Accreditation Council for Pharmacy Education.
Irvine-based Allergan Inc. Wednesday reported mixed fourth-quarter financial results.
AAC Holdings Inc., a publicly traded operator of inpatient substance abuse treatment centers, is buying a hospital with a license for 84 beds in Aliso Viejo for $13.5 million, according to a news release.
Irvine-based Edwards Lifesciences Corp. after markets closed Tuesday reported fourth-quarter financial results that beat expectations.
HEALTHCARE: Likely to oversee all of ‘medical enterprise’
The search for a new chief executive for UC Irvine Medical Center will likely take awhile as another key job gets reconfigured.
San Clemente-based USGI Medical Inc. raised more than $19.5 million from equity and debt investors.
Valeant CEO Talks To Financial Times
Valeant Pharmaceuticals International Inc.’s chief executive is speaking out on his company’s unsuccessful seven-month pursuit of Irvine-based drugmaker Allergan Inc.
Mission Viejo-based Jobrivet said it had signed to provide employment services to 146 offices in Southern California of Orange-based Western Dental Services Inc.
Aliso Viejo-based Crossover Health Inc. said it received $15 million in equity financing.
San Clemente-based USGI Medical Inc. has raised more than $19.5 million from equity and debt investors.