Orange County Business Journal

HEALTHCARE

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

Actavis PLC will cut more jobs just over the county line in Corona, as it awaits the finalization of its buy of Irvine-based Allergan Inc., according to a state filing.

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Edwards Changes Directors

Irvine-based Edwards Lifesciences Corp. said today that it made a pair of changes to its board of directors.

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Ensign Meets Q4 Profit Projections

Mission Viejo-based Ensign Group Inc. today reported an adjusted profit that matched Wall Street’s expectations.

HCP Back in OC, Big in Bay Area With Campus Plan

REAL ESTATE: Eyes lifescience tenants for 884,000-SF project

A recently returned corporate citizen of Orange County has gotten started on one of the largest office developments under way in California—an 884,000-square-foot project that will mix a hotel and retail space into an office development intended for lifescience companies in the Bay Area.

Q&A

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.

Big Hospitals’ Profits Drop 21% in Year Through Sept.

28 on List Have Second Down Year in a Row

Pretax profits dropped steeply at Orange County’s largest hospitals during the past year.

Community Benefits a Must for Private Nonprofits

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.”

Whale of a Tie-In; NBFF Scores in UK; Doti at Shea Center

Here are a couple of big OC names that make a natural marketing match: Pacific Life and filmmaker MacGillivray Freeman.

Analyst Outlook Good for Tenet, Other For-Profits

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.

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Chapman Pharmacy School Gets Initial Accreditation

Chapman University said its new School of Pharmacy earned “precandidate” accreditation by the Chicago-based Accreditation Council for Pharmacy Education.

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Allergan Beats Analysts' Expectations

Irvine-based Allergan Inc. Wednesday reported mixed fourth-quarter financial results.

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Tenn. Company Adds Aliso Hospital

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.

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Edwards Beats Wall Street

Irvine-based Edwards Lifesciences Corp. after markets closed Tuesday reported fourth-quarter financial results that beat expectations.

UCI Could Reconfigure Duties for Medical Post

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.

USGI Raises $19.5M for Launch of Pose

San Clemente-based USGI Medical Inc. raised more than $19.5 million from equity and debt investors.