Orange County Business Journal

HEALTHCARE

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

Tustin Hospital Closes, Lays Off Staff

The 177-bed Newport Specialty Hospital laid off its staff of 147 workers and was set to close Feb. 15, according to a state filing.

Q&A - Wealth Management Firms

A general rise in life expectancy has been the focus of many a conversation among wealth managers and their clients of late, regardless of how far the clients may be from planned retirement.

Allergan Spends More to Market Established Brands

Advertising Budget 13% Higher Than 2013’s

Irvine-based Allergan Inc. may be on the hunt for new products, both internally and externally, but it’s still working its core brands by investing in advertising campaigns, according to Chief Executive David Pyott.

Tease photo

CALENDAR OCBJ

A listing of business events happening all around Orange County.

Tease photo

Masimo’s Q4 Profit in Line, Misses on Revenue

Irvine-based medical device maker Masimo Corp. today posted a fourth-quarter profit in line with Wall Street, while revenue missed expectations.

Tease photo

LA Fitness Boost for Augie’s Quest

Irvine-based Fitness International LLC plans to host group fitness classes at more than 500 of the company’s locations as part of a fundraiser for Augie’s Quest, a non-profit founded by Corona del Mar resident Augie Nieto.

Tease photo

Local VCs Back Margolis’ Healthcare Company

A couple of Orange County venture capital firms participated in a $22.1 million funding round for Welltok Inc., a healthcare software company in Denver.

Newport Specialty Hospital to Close This Week, Furlough 147

177-bed Newport Specialty Hospital will lay off its staff of 147 workers and close on Feb. 15, according to a state filing.

Tease photo

Pyott Points to $10B Potential for Allergan Acquisitions This Year

HEALTHCARE: Plenty of cash, little debt, wider market focus

Put Allergan Inc. down as a big shopper this year, thanks to a full coffer of cash and a corporate credit score that could accommodate as much as $10 billion worth of deals.

I-Flow Moves From Lake Forest to Irvine

Dallas-based Kimberly-Clark Corp. said its I-Flow LLC business unit moved from Lake Forest to the Discovery Business Center in Irvine.

Tease photo

ADDENDUM

Other items of interest in the Orange County Business Journal

The parent of Costa Mesa-based apparel company RVCA said it signed a new contract with founder and President Pat Tenore.

Tease photo

Q&A Healthcare - Nurse Shortage

The shortage of registered nurses was one of the hottest topics in the Orange County and California healthcare sector in the late 1990s and early to mid-2000s.

Tease photo

Hoag Orthopedic Aims for Transparency, Engagement

Institute’s Surgery Volume Ranks High Nationally

Hoag Orthopedic Institute, an Irvine-based specialty hospital, looks up to a role model for the type of healthcare it strives to provide.

Tease photo

Hospitals Have Mixed Year as Profits for Some Dip

Profits of 30 Biggest Drop 7%, Revenue Up

Orange County’s largest hospitals posted mixed results on the profit side over the past year or so. Includes the 2014 OC's HOSPITALS list for download (pdf)

Tease photo

Hospitals Stretch Selves Into More Innovation

Seek Entrepreneurs to Improve Healthcare, Bottom Lines

Orange County hospital systems are moving deeper into the “business of innovation” as they seek to respond to changes in the healthcare sector.