Orange County Business Journal

Recent Stories

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Avenu Medical Raises $13M

Avenu Medical Inc. in San Juan Capistrano has raised about $13.1 million through private placement, according to filings with the Securities and Exchange Commission.

Irvine Allergan Unit Logs Strong Quarter for Parent

Growth, Botox Robust; $1.2 Billion Overall Sales

Allergan PLC’s Irvine-based business lines were key contributors to fourth-quarter revenue of $3.86 billion, up 7% year-over-year.

Providers Look to Creatively Revolutionize Care

Labs, Investments Target Nontraditional Approaches

Innovation in healthcare, when it comes to medical devices and pharmaceuticals, isn’t new. But technology relating to patients, such as health records and how patients interact with healthcare providers, can be lacking. The new territory means looking for ways to engage and care for patients outside of traditional hospital settings or office visits.

CHOC Wants Community In On Child Mental Health

Center Aims To Involve Nonmedical Participants

Healthcare providers continue to transform delivery of care, changes driven largely by reimbursement policy. Mental health, in particular, is high on Orange County healthcare providers’ priority list, and Children’s Hospital of Orange County is spearheading one effort as part of a larger mission to improve children’s health and well-being.

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Value-based care delivery, since former President Barack Obama signed the Affordable Care Act into law in 2010, is the standard of the healthcare industry. Reimbursements continue to drive medical technology advancements and a greater emphasis on outpatient care delivery, including preventative care.

Top-Ranked Hospitals Combine for 2% Revenue Jump

30 Centers Take in $7.2B; UCI Hospital Still at Top

Last year Renton, Wash.-based Providence Health & Services and Irvine-based St. Joseph Health merged to form a seven-state healthcare system, a transaction that further consolidated its Orange County-based hospitals under the umbrella of St. Joseph Hoag Health.

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$2.47B Allergan Buy Adds in Irvine

Allergan PLC announced that it will buy Pleasanton-based Zeltiq Aesthetics Inc.’s CoolScupting System for $2.47 billion, or $56.50 per share, in a transaction that’s expected to be completed in the second half of 2017.

Edwards Lifesciences Joins Patient Safety Movement

HEALTHCARE: 70 companies now pledged to share data

Call it a cross-town collaboration long in the making.

CHOC Partners With Penn. Coalition on Brain Tumors

Goal is Study, Diagnosis Of Child, Adult Cases

The Philadelphia Coalition for a Cure, a new cooperative clinical diagnostics and research initiative, announced a partnership with Children’s Hospital of Orange County in Orange to diagnose and study adult and pediatric brain tumors, and help develop personalized therapy.

Biolase Says FDA OK of Lasers Sets It Up for Growth

Nod Fills Out Line, Opens Company to New Markets

Irvine-based Biolase Inc. received Food and Drug Administration clearance for its Epic Pro laser system, a new, higher powered soft tissue laser.

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