Orange County Business Journal

HEALTHCARE

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

Growing Sector Could Accelerate Quality Systems

Revenue Cycle Managing Has Much Room to Grow

Irvine-based Quality Systems Inc. will get a bump from the growing revenue cycle management sector in coming years, according to a recently issued analyst report.

Ensign Shares Plummet After REIT Spinoff, Rise on Debut

HEALTHCARE: New entity owns nursing home properties

Orange County has a new publicly traded healthcare company among its ranks.

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Innovation Institute Forms Staffing Company

The La Palma-based Innovation Institute, a provider of business services, products and investment management services to health systems, said today that it formed a new staffing business.

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Miller Children’s Hospital Changes Name

Fountain Valley-based MemorialCare Health System said that its Miller Children’s Hospital Long Beach is now known as Miller Children’s & Women’s Hospital Long Beach.

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Ackman Says He'll Seek to Replace Allergan Directors

Activist investor Bill Ackman said today that he and his Pershing Square Capital Management LP will call for a special shareholders’ meeting of Allergan Inc. in order to remove six of its directors—the latest in the ongoing hostile takeover effort by Valeant Pharmaceuticals International Inc.

Numbers Give New View on Allergan Takeover Attempt

HEALTHCARE: Valeant’s sweetened bids look short in expectations game

There was no shortage of numbers punctuating the battle for Allergan Inc. last week, when the sum total pointed to a possible shift in favor of the Irvine-based drug maker’s effort to stave off a hostile takeover bid by Valeant Pharmaceuticals International Inc.

FDA OK for Next Phase of Direct Flow Valve Trial

Results From Europe Show ‘Positive Trend’

A federal approval and newly released clinical trial results have put a spotlight on Direct Flow Medical Inc., a Santa Rosa-based heart valve startup that makes its devices in Lake Forest.

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Valeant, Ackman Hike Allergan Bid Again

Valeant Pharmaceuticals International Inc. today added more cash to its hostile takeover bid for Irvine-based Allergan Inc.

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Valeant Raises Bid for Allergan

Valeant Pharmaceuticals International Inc. has added more cash to its hostile bid for Irvine-based drug maker Allergan Inc., raising the total offer to about $50 billion.

Pyott’s Plan: Keep Calm and Counterpunch

Allergan Boss Works Back Channels to Fend Off Valeant

A team of specialists will continue Allergan Inc.’s battle for the minds and wallets of shareholders this week, when Valeant Pharmaceuticals International Inc. is expected to hike its $47 billion hostile bid for the Irvine-based drug maker.

LehmanMillet Gets Strategic to Nab Avanir Account

ADVERTISING: Santa Ana firm’s new division key to win

A new approach by a Santa Ana-based healthcare advertising agency appears to be bearing fruit.

St. Joseph Health Chief Executive Lauded

Deborah Proctor, chief executive of Irvine-based St. Joseph Health, received the 2014 Woman of the Year award from the Women in Health Administration of Southern California.

Medical Device Tax Repeal Effort Resurfaces in Senate

Levy Meant to Raise $30B for Health Reform

Along-running effort to repeal a federal tax on medical device makers’ revenue flared up yet again this month.

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Investors: Valeant Must Hike Allergan Bid

Valeant Pharmaceuticals International Inc. should raise its unsolicited offer to buy Irvine-based Allergan Inc. to roughly $53.5 billion to $59.5 billion or $180 to $200 a share, according to an investor survey released today by JP Morgan.

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Proctor Wins Health Administration Group Award

Deborah Proctor, chief executive of Irvine-based St. Joseph Health, received the 2014 “woman of the year” award from the Southern California Women in Health Administration.