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Archive for the Insurance News Net Category

List Leaders: Meet the 5 biggest cannabis businesses in Oregon

List Leaders: Meet the 5 biggest cannabis businesses in Oregon

Oregon’s largest cannabis businesses represent the growing diversification and consolidation of the young industry. Click on the images above to see the state’s five largest recreational cannabis businesses with the most Oregon employees. Paid subscribers can access The List in full, including organization contact information, below. Click […]

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List Leaders: These are Oregon's 10 largest public benefit nonprofits (Photos)

List Leaders: These are Oregon's 10 largest public benefit nonprofits (Photos)

The Oregon Food Bank has long had a massive task: bringing food to families and individuals who need it the most. That hefty job is illustrated by the group’s reach: It serves a network of 21 regional food banks and approximately 1,200 assistance sites within Oregon and […]

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Seeking $86 million IPO, this Peninsula company is betting common bacteria plays role in Alzheimer's

Seeking $86 million IPO, this Peninsula company is betting common bacteria plays role in Alzheimer's

The South San Francisco company is putting its IPO where its mouth is — hoping to take its lead drug, targeting a tooth-loss-causing bacteria that migrates from the mouth to the brain, into a Phase II/III clinical trial soon. Source link

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Portland biotech inks $9M+ deal for drug royalties

Portland biotech inks $9M+ deal for drug royalties

Aronora Inc., a Portland biotech startup developing a new kind of blood clot treatment, has inked a deal with Xoma Corp. (NASDAQ: XOMA) for royalty rights related to five drug candidates. Xoma, a “royalty aggregator” based in Emeryville, Calif., also agreed to acquire a portion of the […]

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Why Bay Area companies serve as a prime market for Aetna and Sutter Health’s joint venture

Why Bay Area companies serve as a prime market for Aetna and Sutter Health’s joint venture

The commercial health insurance market has always been bustling in the Bay Area, home to a high-density cluster of large employers vying for top talent. Now Connecticut-based insurer Aetna and Sacramento-based health system Sutter Health are providing an all-inclusive kind of healthcare service for its members — […]

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State orders review of controversial opioid-tapering proposal

State orders review of controversial opioid-tapering proposal

The Oregon Health Authority hired a Washington-based consulting firm to review its proposed policy for some patients taking opioids for chronic pain to taper off, according to an announcement from the Oregon Health Authority. Eighteen months in the making, the policy is pending before the Health Evidence […]

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Expansions coming at three rural health sites

Expansions coming at three rural health sites

Orleans County residents will get a new public health clinic in the new county office building. The state Department of Health on April 11 approved plans to build a 1,500-square-foot clinic at the site in Albion on Route 31, just down the street from the current site. […]

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Sutter Health will pay $30 million to settle overcharging lawsuit

Sutter Health will pay $30 million to settle overcharging lawsuit

Sutter Health has agreed to a $30 million settlement to resolve allegations that it up-charged Medicare patient bills, the U.S. Department of Justice said Friday. The overcharging scheme saw health plans and providers “upcode” for services they provided to patients on Medicare Advantage plans, according to the […]

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Highmark Health subsidiary lays off 239 employees — more than half in Pittsburgh

Highmark Health subsidiary lays off 239 employees — more than half in Pittsburgh

HM Health Solutions, an IT company owned by Highmark Health, laid off 239 employees, including 132 in Pittsburgh. Highmark Health confirmed the layoffs and said it was done in several areas of HM Health Solutions, including customer operations, portfolio management and platform and technology units. Pittsburgh was […]

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Maryvale hospital reopens in West Valley after $68M renovation

Maryvale hospital reopens in West Valley after $68M renovation

After investing $68 million in renovations in the former Abrazo Maryvale Campus in the West Valley, Maricopa Integrated Health System re-opened the hospital on April 11. Last year, MIHS paid $7 million to Dallas-based Tenet Healthcare Corp. (NYSE: THC) for the Abrazo Maryvale Campus, 5102 W. Campbell […]

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