RedHill closes $20M public offering to prep commercialization of new drug
RedHill Biopharma (Nasdaq: RDHL) just closed on a $20 million public offering to fund the commercial launch of its drug, Talicia, and fund Phase 3 studies of two other candidates.   The public offering opened Dec. 4 for nearly 2.9 million American depositary shares, at a price of $7 per share. Each ADS represents 10 ordinary shares of RedHill. The company has also granted the underwriters a 30-day option to purchase up to 428,571 additional shares at the public offering price. Talicia is a treatment… (Source: bizjournals.com Health Care:Biotechnology headlines)
Source: bizjournals.com Health Care:Biotechnology headlines - December 12, 2018 Category: Biotechnology Authors: Seth Gulledge Source Type: news

Target will pay $3M to settle auto-refill prescription complaint
Target Corp. is paying $3 million to settle claims that it violated federal and Massachusetts state laws related to Medicaid prescriptions. The Star Tribune reports on the deal, which resolves a complaint begun in 2015 when a former Target pharmacist in the Twin Cities filed a whistleblower lawsuit against the Minneapolis-based retailer claiming that Target (NYSE: TGT) improperly enrolled low-income beneficiaries in Massachusetts comp any’s auto-refill program and billed MassHealth for prescriptions.… (Source: bizjournals.com Health Care:Biotechnology headlines)
Source: bizjournals.com Health Care:Biotechnology headlines - December 12, 2018 Category: Biotechnology Authors: Mark Reilly Source Type: news

Former M.D. Anderson president's new Houston company names first CEO
Ronald DePinho, co-founder and director of Tvardi and professor and past president of M.D. Anderson Cancer Center, told the Houston Business Journal in September that his company was actively searching for its first CEO. (Source: bizjournals.com Health Care:Biotechnology headlines)
Source: bizjournals.com Health Care:Biotechnology headlines - December 12, 2018 Category: Biotechnology Authors: Chris Mathews Source Type: news

Arizona Mayo Clinic CEO to join Minnesota-based health care giant
Dr. Wyatt Decker intends to take a senior executive role with a unit of UnitedHealth Group Inc. (Source: bizjournals.com Health Care:Biotechnology headlines)
Source: bizjournals.com Health Care:Biotechnology headlines - December 12, 2018 Category: Biotechnology Authors: Angela Gonzales Source Type: news

Arizona Mayo Clinic CEO leaving to join Optum
Dr. Wyatt Decker, the CEO of Mayo Clinic's operations in Arizona, is jumping to an executive role at Optum, the fast-growing health-services arm of UnitedHealth Group Inc. (Source: bizjournals.com Health Care:Biotechnology headlines)
Source: bizjournals.com Health Care:Biotechnology headlines - December 12, 2018 Category: Biotechnology Authors: Angela Gonzales Source Type: news

UPMC, Aetna expand care agreement in central PA
UPMC Pinnacle, the medical nonprofit's hospital system in central Pennsylvania, announced this week that it was expanding an existing care agreement with health insurer Aetna to cover hospitals recently added to the system. According to a report in the Central Penn Business Journal, the two entities have been working under an arrangement since 2014 to offer accountable care to patients in Cumberland, Dauphin and Perry counties, which covers Harrisburg and several surrounding communities. In October,… (Source: bizjournals.com Health Care:Biotechnology headlines)
Source: bizjournals.com Health Care:Biotechnology headlines - December 12, 2018 Category: Biotechnology Authors: Luke Torrance Source Type: news

How Atrium Health plans to spend its $1B capital investment
Since announcing a $1 billion capital investment in June, Atrium Health has spent the last several months combing through options for how to disperse the money. The Charlotte-based health-care system, formerly known as Carolinas HealthCare, outlined some of its plans at Tuesday morning's quarterly board meeting. Much of the investment so far is centered on or near its Carolinas Medical Center campus, although a portion of the $1 billion will go toward Atr ium's Pineville operation. Funding will… (Source: bizjournals.com Health Care:Biotechnology headlines)
Source: bizjournals.com Health Care:Biotechnology headlines - December 12, 2018 Category: Biotechnology Authors: Caroline Hudson Source Type: news

Foundation linked to It Works! donates $3M to Moffitt to help cure rare cancer
Moffitt Cancer Center has received a $3 million gift from a foundation linked to Bradenton-based company It Works! The Pentecost Foundation, created through Mark Pentecost, the CEO of It Works!, a direct sales enterprise that sells body contouring wraps, recently made a $3 million gift to Moffitt Cancer Center to support the research at the forefront of curing his multiple myeloma, a type of blood cancer. Multiple myeloma, also known as Kahler's disease, is a cancer of plasma cells, which are… (Source: bizjournals.com Health Care:Biotechnology headlines)
Source: bizjournals.com Health Care:Biotechnology headlines - December 12, 2018 Category: Biotechnology Authors: Veronica Brezina-Smith Source Type: news

WSJ: Georgia politicians intervened on behalf of now-troubled MiMedx
Troubled Atlanta biomedical  company MiMedx Group Inc. reached out for help from politicians when it ran into problems, including two from Georgia, the Wall Street Journal reports. Both U.S. Sen. Johnny Isakson and former Georgia Congressman Tom Price intervened on behalf of the Marietta-based company, Isakson as chairman of the Senate Committee on Veterans Affairs and Price as congressman representing Marietta who was briefly President Trump’s secretary of Health and Human Services, the WSJ reported.  MiMedx,… (Source: bizjournals.com Health Care:Biotechnology headlines)
Source: bizjournals.com Health Care:Biotechnology headlines - December 12, 2018 Category: Biotechnology Authors: Jessica Saunders Source Type: news

BJC, Memorial to open $38 million Siteman Cancer Center
Illinois will receive a $38 million Siteman Cancer Center on the campus of Memorial Hospital East in 2020. The 70,650-square-foot medical office building, located at 1404 Cross St., in Shiloh, Illinois, will offer radiation oncology and chemotherapy services, along with access to therapeutic clinical trials. In addition, the site will also include a diagnostic laboratory and a pharmacy. The three-story building also will have space for clinical space for non-cancer care providers, officials said.… (Source: bizjournals.com Health Care:Biotechnology headlines)
Source: bizjournals.com Health Care:Biotechnology headlines - December 12, 2018 Category: Biotechnology Authors: Brian Robbins Source Type: news

Arizona Mayo Clinic CEO to join Minnesota-based health care giant
Dr. Wyatt Decker intends to take a senior executive role with a unit of UnitedHealth Group Inc. (Source: bizjournals.com Health Care:Biotechnology headlines)
Source: bizjournals.com Health Care:Biotechnology headlines - December 12, 2018 Category: Biotechnology Authors: Angela Gonzales Source Type: news

UPMC to close eastern Pa. hospital
UPMC announced Tuesday it will close a hospital in Lancaster, one of the hospitals it took on in its 2017 acquisition of Pinnacle Health System. UPMC Pinnacle Lancaster's inpatient operations will move by March 2019 to UPMC Pinnacle Lititz, which is located in the town of Lititz seven miles from the location of UPMC Pinnacle Lancaster. The Lititz facility will continue to expand and UPMC Pinnacle said it would continue to have primary care and other outpatient services in Lancaster. It will also… (Source: bizjournals.com Health Care:Biotechnology headlines)
Source: bizjournals.com Health Care:Biotechnology headlines - December 11, 2018 Category: Biotechnology Authors: Paul J. Gough Source Type: news

‘Smart’ baby bed maker Happiest Baby raises $23 million
Happiest Baby Inc., a "smart" baby bed maker backed by celebrities such as Justin Timberlake and Scarlett Johansson, has raised $23 million in financing. The series B funding round was led by Greycroft Partners with participation from Sallfort Bank and GV. The financing comes on top of the $10 million the Los Angeles-based company raised in 2015. That funding was led by Lux Capital with Felicis Ventures and Obvious Ventures. Other investors incl uded Justin Timberlake, Jessica Biel, Scarlett Johansson… (Source: bizjournals.com Health Care:Biotechnology headlines)
Source: bizjournals.com Health Care:Biotechnology headlines - December 11, 2018 Category: Biotechnology Authors: I-Chun Chen Source Type: news

Audit finds Oregon doesn't make the most of key tool in opioid crisis
Oregon laws limit the kind of information that can be collected on opioid prescribing and how it can be used. (Source: bizjournals.com Health Care:Biotechnology headlines)
Source: bizjournals.com Health Care:Biotechnology headlines - December 11, 2018 Category: Biotechnology Authors: Elizabeth Hayes Source Type: news

UnitedHealth, Envision deal settles months-long dispute
After almost a year of lawsuits, op-eds and accusations of over-billing and “tactics that fuel conflict,” Nashville-based Envision Healthcare and UnitedHealthcare have reached a compromise. On Tuesday, the two companies announced they have agreed to a contract extension that will allow the Minnetonka, Minn.-based health insurer to cover services from Envision physician s, according to a news release. Terms of the deal were not disclosed. Nashville-based Envision was the city’s third-largest… (Source: bizjournals.com Health Care:Biotechnology headlines)
Source: bizjournals.com Health Care:Biotechnology headlines - December 11, 2018 Category: Biotechnology Authors: Joel Stinnett Source Type: news

Local physician group investing millions in potentially life-saving equipment (Unlocked)
(This story was previously locked for Dayton Business Journal subscribers only and is now being unlocked for all our subscribers.) A local health care company is investing $22 million in facility upgrades and new equipment, including "game-changing" technology that could help save lives. Dayton Physicians Network, a multi-specialty medical group that provides cancer treatment and urological services, is expanding one of its facilities and renovating two others to make room for new radiation equipment.… (Source: bizjournals.com Health Care:Biotechnology headlines)
Source: bizjournals.com Health Care:Biotechnology headlines - December 11, 2018 Category: Biotechnology Authors: John Bush Source Type: news

Envision reaches deal in long-running dispute with insurance giant
After almost a year of lawsuits, op-eds and accusations of over-billing and “tactics that fuel conflict,” Nashville-based Envision Healthcare and UnitedHealthcare have reached a compromise. On Tuesday, the two companies announced they have agreed to a contract extension that will allow the Minneapolis-based health insurer to cover services from Envision physicians, acc ording to a news release. Terms of the deal were not disclosed. Nashville-based Envision was the city’s third-largest publicly… (Source: bizjournals.com Health Care:Biotechnology headlines)
Source: bizjournals.com Health Care:Biotechnology headlines - December 11, 2018 Category: Biotechnology Authors: Joel Stinnett Source Type: news

Diagnostics maker Exosome sues former employee, claiming he stole IP
Exosome alleges a lawsuit filed on Dec. 3 that its former employee, Erez Eitan, stole the diagnostic company's so-called "secret sauce" during the 18 months he worked there and used it to form a competing biotech company. (Source: bizjournals.com Health Care:Biotechnology headlines)
Source: bizjournals.com Health Care:Biotechnology headlines - December 11, 2018 Category: Biotechnology Authors: Allison DeAngelis Source Type: news

North Memorial shifts ER docs to independent group
The deal is a boost for the Emergency Physicians Professional Association, which now employs 300 care providers, up from 169 earlier this year. (Source: bizjournals.com Health Care:Biotechnology headlines)
Source: bizjournals.com Health Care:Biotechnology headlines - December 11, 2018 Category: Biotechnology Authors: Katharine Grayson Source Type: news

How Atrium Health plans to spend its $1B capital investment
Since announcing a $1 billion capital investment in June, Atrium Health has spent the last several months combing through options for how to disperse the money. The Charlotte-based health-care system, formerly known as Carolinas HealthCare, outlined some of its plans at Tuesday morning's quarterly board meeting. Much of the investment so far is centered on or near its Carolinas Medical Center campus, although a portion of the $1 billion will go toward Atr ium's Pineville operation. Funding will… (Source: bizjournals.com Health Care:Biotechnology headlines)
Source: bizjournals.com Health Care:Biotechnology headlines - December 11, 2018 Category: Biotechnology Authors: Caroline Hudson Source Type: news

Netsmart CEO Valentine: New ownership will prompt more growth
Netsmart's investors will move the company forward, CEO Mike Valentine said. The sale by Allscripts brings a new investor on board — TA Associates — and extends GI Partners' investment into a majority stake. (Source: bizjournals.com Health Care:Biotechnology headlines)
Source: bizjournals.com Health Care:Biotechnology headlines - December 11, 2018 Category: Biotechnology Authors: Lily Lieberman Source Type: news

Chicago eye care startup Opternative changes name
Chicago eye care company Opternative is rebranding itself and changing its name as it aims to better convey its business-to-business offerings to the optometry and eyewear industries. The company, which now goes by Visibly, announced the change Tuesday, saying that the new name “fully embraces the solutions it offers the eye care industry and appropriately represents the broad scope of who it can serve.” Visibly, originally founded in 2012, has become known for its at-ho me, digital vision… (Source: bizjournals.com Health Care:Biotechnology headlines)
Source: bizjournals.com Health Care:Biotechnology headlines - December 11, 2018 Category: Biotechnology Authors: Katherine Davis Source Type: news

Blue Cross names vice president of network contracting
Blue Cross Blue Shield of Alabama has named a health care veteran for its role as vice president of network contracting.   Joseph Oaks, who has been with Blue Cross for seven years, has served as manager of contracting within the health care networks division and was promoted to the VP role. According to the company, Oaks has made significant contributions to provider engagement and network contracting.  Prior to joining Blue Cross, Oaks was with the Baptist Health System or 23 years, previously… (Source: bizjournals.com Health Care:Biotechnology headlines)
Source: bizjournals.com Health Care:Biotechnology headlines - December 11, 2018 Category: Biotechnology Authors: Tyler Patchen Source Type: news

Shuttered nursing facility set to reopen near planned VA hospital site
A Tennessee-based senior living company is close to reopening a shuttered facility near the new VA hospital site. The facility, called Dominion Senior Living at Northfield, is set to open by Dec. 26. The 42,000-square-foot, one-story facility has been completely renovated to offer 41 assisted-living beds and 20 single-occupancy memory-care apartments, according to wellness director Ali Helton. Knoxville, T enn.-based Dominion Senior Living, a senior-facility developer and operator, bought the… (Source: bizjournals.com Health Care:Biotechnology headlines)
Source: bizjournals.com Health Care:Biotechnology headlines - December 11, 2018 Category: Biotechnology Authors: Chris Larson Source Type: news

Nashville hospital company prepares to go public on the NYSE
After a year in which Nashville ’s club of publicly traded health care companies lost two members and may be on the verge of losing a third, an area hospital company will soon hit the New York Stock Exchange. Ardent Health Services, led by CEO David Vandewater, has filed initial public offering papers with the U.S. Securities a nd Exchange Commission in an effort to sell $100 million of company stock, according to the filing. The company will be known as Ardent Health Partners Inc. and will be listed… (Source: bizjournals.com Health Care:Biotechnology headlines)
Source: bizjournals.com Health Care:Biotechnology headlines - December 11, 2018 Category: Biotechnology Authors: Joel Stinnett Source Type: news

Inside Manatee Memorial Hospital's new $33M+ emergency center
The 319-bed acute care  Manatee Memorial Hospital couldn't keep up with the demand in seeing 84,000 people walk through its emergency doors each year, more than doubling what it was built to accommodate, but soon it will. The hospital has been wanting to tackle the issue since 2014 and this Thursday it will open the do ors to its new emergency care center that replaces the previous smaller emergency department. The new center nearly doubles the square footage of the previous center that was built… (Source: bizjournals.com Health Care:Biotechnology headlines)
Source: bizjournals.com Health Care:Biotechnology headlines - December 11, 2018 Category: Biotechnology Authors: Veronica Brezina-Smith Source Type: news

71 Md. dispensaries licensed as first year of sales end — 31 to go
The Maryland Medical Cannabis Commission has awarded two dispensaries final licensure to begin selling marijuana in the state. They mark the last licenses that can be approved this year. These additions bring the industry total to 71 licensed medical cannabis dispensaries, out of the 102 pre-approvals doled out more than two years ago. Despite business owners and the medical cannabis commission working as quickly as possible, 31 dispensaries remain in the preliminary phase of comp any building.… (Source: bizjournals.com Health Care:Biotechnology headlines)
Source: bizjournals.com Health Care:Biotechnology headlines - December 11, 2018 Category: Biotechnology Authors: Morgan Eichensehr Source Type: news

UNC Health Care to increase minimum wage for Triangle employees
UNC Health Care is planning a $15 million increase to its hourly employee budget – putting those dollars back into Triangle-area workers' pockets. This week, the health system announced its intention to raise the minimum wage for its Triangle-area employees to $15 per hour by July 2020. Currently, all minimum wage employees make at least $12 per hour. And the hospital say s about 3,750 UNC Health employees in the Triangle work between the $12-$15 threshold. In total, the system has about 21,500… (Source: bizjournals.com Health Care:Biotechnology headlines)
Source: bizjournals.com Health Care:Biotechnology headlines - December 11, 2018 Category: Biotechnology Authors: Seth Gulledge Source Type: news

Naval Hospital Jacksonville sued for allegedly leaving needle in woman's spine for years
A De Soto, Illinois, woman filed a lawsuit against Naval Hospital Jacksonville today for allegedly leaving a broken needle in her back during a C-section 15 years ago and then covering up the mistake. The lawsuit was filed by Jacksonville-based Cronin& Maxwell Tuesday with the Middle District of Florida on behalf of Amy Bright, 42, and her husband, Charles Bright, a Navy veteran. During the surgical procedure in 2003, three centimeters of a needle broke off into a vertebrae in Amy Bright's lower… (Source: bizjournals.com Health Care:Biotechnology headlines)
Source: bizjournals.com Health Care:Biotechnology headlines - December 11, 2018 Category: Biotechnology Authors: Allison Colburn Source Type: news

Premier Health completes $60M expansion of Dayton-area hospital
A major expansion project from one of the Dayton region's largest companies is now complete. Miami Valley Hospital South, a Premier Health-owned facility in Centerville, celebrated its newly expanded medical center with an open house and ribbon-cutting ceremony Sunday. The project represented a $60 million investment on behalf of Premier Health, which expanded the facility to keep pace with a growing demand for services, according to a news release. The expansion adds 170,000 square feet to the… (Source: bizjournals.com Health Care:Biotechnology headlines)
Source: bizjournals.com Health Care:Biotechnology headlines - December 11, 2018 Category: Biotechnology Authors: John Bush Source Type: news

Pharmacy company opens 400-employee Phoenix facility
A California-based pharmacy firm has opened its first facility in the Valley, creating nearly 400 jobs. Irvine, California-based Central Admixture Pharmacy Services Inc. (CAPS), which specializes in the outsourcing of compounded sterile preparations, opened a 503B compounding facility this month in Phoenix. A 503B compounding facility produces drugs for use at health care facilities such as hospital s and clinics rather than individual patients. “As we continue to grow, our commitment to providing… (Source: bizjournals.com Health Care:Biotechnology headlines)
Source: bizjournals.com Health Care:Biotechnology headlines - December 11, 2018 Category: Biotechnology Authors: Tim Gallen Source Type: news

How a tiny seaweed-dwelling animal led this East Bay startup to HIV, cancer
The synthetic sibling of an expensive molecule harvested from a tiny seaweed-dwelling animal could lead to next-generation cancer drugs or a functional cure for HIV, an East Bay company believes. Those lofty targets are years in the distance for startup BryoLogyx Inc., but the company said it will expand preclinical testing next year with synthetic bryostatin, eyeing more investor and scientific interest. BryoLogyx bought exclusive rights to synthetic bryostatin and its potential offshoot s from… (Source: bizjournals.com Health Care:Biotechnology headlines)
Source: bizjournals.com Health Care:Biotechnology headlines - December 11, 2018 Category: Biotechnology Authors: Ron Leuty Source Type: news

GPEC wins grant to spur Valley medtech innovations
The plan will help local entrepreneurs connect with hospitals and local resources to help get their med tech products off the ground. (Source: bizjournals.com Health Care:Biotechnology headlines)
Source: bizjournals.com Health Care:Biotechnology headlines - December 11, 2018 Category: Biotechnology Authors: Hayley Ringle Source Type: news

Boston startup nabs U.S. approval for app to help treat opioid addicts
The FDA's clearance of the reSET-O app by Pear Therapeutics marks the first time the federal agency has approved a drug-paired digital device to treat a disease. (Source: bizjournals.com Health Care:Biotechnology headlines)
Source: bizjournals.com Health Care:Biotechnology headlines - December 11, 2018 Category: Biotechnology Authors: Allison DeAngelis Source Type: news

Sutter Health's new hospital on Van Ness features new anti-earthquake technology
The $2 billion hospital finished construction ahead of schedule and promises to be especially resistant to earthquakes. (Source: bizjournals.com Health Care:Biotechnology headlines)
Source: bizjournals.com Health Care:Biotechnology headlines - December 11, 2018 Category: Biotechnology Authors: Rachel Sandler Source Type: news

Rx drug pricing will be a major theme again in Salem next year
Rep. Rob Nosse, who has sponsored legislation in the past to bring down drug prices, will be back with more proposals. (Source: bizjournals.com Health Care:Biotechnology headlines)
Source: bizjournals.com Health Care:Biotechnology headlines - December 10, 2018 Category: Biotechnology Authors: Elizabeth Hayes Source Type: news

Arlington life sciences advisory firm raises $21M, buys competitor
Bioinformatics Inc. has raised $21 million in Series B funding and has already made an acquisition with the funds. The Arlington-based consulting firm, which provides research and advisory services to life science and diagnostic companies, acquired Kalorama Information, a D.C.-based division of MarketResearch.com. Part of the new funding went toward the acquisition of Kalorama, but the companies did not disclo se terms of the deal. CEO Craig Overpeck told me Kalorama's depth in clinical diagnostics… (Source: bizjournals.com Health Care:Biotechnology headlines)
Source: bizjournals.com Health Care:Biotechnology headlines - December 10, 2018 Category: Biotechnology Authors: Sara Gilgore Source Type: news

Nordstrom co-president Blake Nordstrom diagnosed with lymphoma
Blake Nordstrom said he will undergo chemotherapy over the next few months in Seattle. Doctors have told him he can continue to work throughout this process. (Source: bizjournals.com Health Care:Biotechnology headlines)
Source: bizjournals.com Health Care:Biotechnology headlines - December 10, 2018 Category: Biotechnology Authors: Coral Garnick Source Type: news

A Snowball's chance of fertility: Why an East Bay startup is marketing ice-filled underwear for the holidays
Couples looking for fertility answers may want to consider chilled underwear. (Source: bizjournals.com Health Care:Biotechnology headlines)
Source: bizjournals.com Health Care:Biotechnology headlines - December 10, 2018 Category: Biotechnology Authors: Ron Leuty Source Type: news

Health Care Digest: Where were the women in Gilead's CEO search — and more
Editor's note: Our health care digest features  a roundup of local news items, musings from notable figures, insights from other publications and must-reads from our own newsroom. As always, we'd love to hear what you think and how we can improve. Please email biotech reporter Ron Leuty (rleuty@bizjournals.com) with any feedback, suggestions or possible news items for this feature. There are no women CEOs of large biotech companies, and Emma Walmsley with GlaxoSmithKline plc is the only woman… (Source: bizjournals.com Health Care:Biotechnology headlines)
Source: bizjournals.com Health Care:Biotechnology headlines - December 10, 2018 Category: Biotechnology Authors: Ron Leuty Source Type: news

People First: The human resources team of Lakeland Regional Health
With 5,500 people throughout Lakeland Regional Health, the human resources team has many heads to watch.   Led by Chief HR Officer Scott Dimmick, the team, referred to as the Talent Division, is structured around several tasks including talent acquisition, learning and organizational development, employee engagement, total rewards, employee benefits, talent systems and the talent service center.  T he HR team has 45 members and includes talent consultants, learning and organizational development… (Source: bizjournals.com Health Care:Biotechnology headlines)
Source: bizjournals.com Health Care:Biotechnology headlines - December 10, 2018 Category: Biotechnology Authors: Pam Huff Source Type: news

Christiana Care ups its minimum wage to $15 per hour
Another health system in Greater Philadelphia announced Monday it is joining its peers in South Jersey and upping its minimum wage to $15 per hour. Wilmington, Del.-based Christiana Care Health System said the pay rate change – which puts the hospital system ahead of state and federal minimum wage standards – will go into effect on Feb. 1. Of its nearly 12,000 employees, about 500 current workers, many in clerical, technical or service r oles, will be affected by the minimum wage increase. "This… (Source: bizjournals.com Health Care:Biotechnology headlines)
Source: bizjournals.com Health Care:Biotechnology headlines - December 10, 2018 Category: Biotechnology Authors: Alison Burdo Source Type: news

Netsmart gets a new majority owner
Allscripts Healthcare Solutions Inc. has agreed to sell its majority stake in Overland Park-based Netsmart.    Private equity firm GI Partners, along with TA Associates, will acquire Allscript’s stake in Netsmart, the health IT company announced Monday. The combined investor group will own roughly 80 percent of Netsmart shares, according to the news release. In 2016, Allscripts (Nasdaq: MDRX) an d GI Partners acquired Netsmart for $950 million through a joint venture, with Allscripts controlling… (Source: bizjournals.com Health Care:Biotechnology headlines)
Source: bizjournals.com Health Care:Biotechnology headlines - December 10, 2018 Category: Biotechnology Authors: Lily Lieberman Source Type: news

FDA approves eye surgery KC-area doctor helped develop
The Food and Drug Administration has approved  an advancement in eye surgery developed and tested by five doctors nationwide, one of whom is Kansas City-based Dr. John Doane.  Small Incision Lenticule Extraction (SMILE) is a minimally invasive procedure first approved in 2016 for patients with nearsightedness.   The FDA approved the s urgery for people with astigmatism in October, expanding the procedure’s scope to more than 90 percent of the population seeking vision correction, Doane… (Source: bizjournals.com Health Care:Biotechnology headlines)
Source: bizjournals.com Health Care:Biotechnology headlines - December 10, 2018 Category: Biotechnology Authors: Lily Lieberman Source Type: news

Tennessee firm to buy Nutrisystem in $1.3B deal
Franklin-based Tivity Health Inc. is set to buy Pennsylvania-based weight-management company Nutrisystem Inc. in a cash-and-stock deal valued at $1.3 billion. The deal is expected to close in the first quarter. "The acquisition of Nutrisystem is an exciting and transformational event for Tivity Health as we expand our portfolio of healthy lifestyle brands," Tivity CEO Donato Tramuto said in a news release. "Tivity Health and Nutrisystem share the same mission-driven culture and have highly talented,… (Source: bizjournals.com Health Care:Biotechnology headlines)
Source: bizjournals.com Health Care:Biotechnology headlines - December 10, 2018 Category: Biotechnology Authors: Eric Snyder Source Type: news

Franklin firm to buy Nutrisystem in $1.3B deal
Franklin-based Tivity Health Inc. is set to buy Pennsylvania-based weight-management company Nutrisystem Inc. in a cash-and-stock deal valued at $1.3 billion. The deal is expected to close in the first quarter. "The acquisition of Nutrisystem is an exciting and transformational event for Tivity Health as we expand our portfolio of healthy lifestyle brands," Tivity CEO Donato Tramuto said in a news release. "Tivity Health and Nutrisystem share the same mission-driven culture and have highly talented,… (Source: bizjournals.com Health Care:Biotechnology headlines)
Source: bizjournals.com Health Care:Biotechnology headlines - December 10, 2018 Category: Biotechnology Authors: Eric Snyder Source Type: news

How Duke University plans to develop synergies with India
Duke University is continuing efforts to strengthen its presence in India – hoping to both lure top talent and ideas back to Durham, and send its best ideas to a country with substantial health care and innovation opportunity. In early December, the university will hold its first health conference in the country. Hosted in New Delhi, officials say they hope to use the conference to strengthen existing relationships.  Those relationships began two years ago, when the university launched a plan… (Source: bizjournals.com Health Care:Biotechnology headlines)
Source: bizjournals.com Health Care:Biotechnology headlines - December 10, 2018 Category: Biotechnology Authors: Seth Gulledge Source Type: news

Children's Hospital of Pittsburgh Foundation appoints new president
Rachel Petrucelli has been appointed president of Children's Hospital of Pittsburgh Foundation, according to a release. Petrucelli takes the job after serving as interim president of the organization since April. She has more than 24 years of fundraising experience and was named to the position after a national search that lasted nearly six months. "Rachel steps into her new role as president as a respected, expe rienced, and successful leader with a strong commitment to our organization's mission.… (Source: bizjournals.com Health Care:Biotechnology headlines)
Source: bizjournals.com Health Care:Biotechnology headlines - December 10, 2018 Category: Biotechnology Authors: Mike Larson Source Type: news

Factor in wellness programs during open enrollment
Millions of Americans are deciding which health plan to select for 2019. They are reviewing and comparing a variety of factors when making this important decision, such as costs, benefits, care provider networks and wellness programs. Employers know that a healthy employee can make for a more productive, satisfied employee. And many employees want to improve their health and are often surprised to learn that employers offer wellness programs. That mutual interest is behind the rise of workplace… (Source: bizjournals.com Health Care:Biotechnology headlines)
Source: bizjournals.com Health Care:Biotechnology headlines - December 10, 2018 Category: Biotechnology Authors: UnitedHealthcare of Tennessee Source Type: news

Founder on how Indianapolis-based OurHealth is investing in Charlotte
Indianapolis-based OurHealth came to the Charlotte market in 2015 with plans to invest $25 million. Three years later, the company is planning to create a southeastern hub here as it expands further, says Dr. Jeff Wells, president and founder. (Source: bizjournals.com Health Care:Biotechnology headlines)
Source: bizjournals.com Health Care:Biotechnology headlines - December 10, 2018 Category: Biotechnology Authors: Caroline Hudson Source Type: news