HEALTH CARE

Molina Healthcare Pledges $150 Million for Community Health Initiative

Molina Healthcare Inc. is pledging $150 million toward a new community health initiative.

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UCLA, Cedars Earn High Marks in National Hospital Rankings

Three Los Angeles County hospitals once again placed among the nation’s top 20 in annual rankings compiled by U.S. News & World Report.

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Licensing Deals Pay Off for Arrowhead, Xencor

Two San Gabriel Valley biopharmaceutical companies recently announced that they had received substantial milestone payments from licensing and development deals with pharmaceutical giants.

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LA County Medical Association Names Shiba as President

Ophthalmologist Diana Shiba has been elected as the first Asian American woman president of the Los Angeles County Medical Association.

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Fulgent Earnings Soar on Covid Testing Surge

Earnings for Fulgent Genetics Inc. increased 10-fold, and revenue doubled in the second quarter.

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UCLA Cancer Researchers Land $3 Million Grant

Researchers from the UCLA Jonsson Comprehensive Cancer Center have been awarded a $2.97 million grant from the National Cancer Institute.

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Los Angeles Cancer Network Partners With OneOncology

Oncology practice network OneOncology will be expanding into California through a partnership with the Los Angeles Cancer Network.

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GoodRx Adds Telehealth to Its Comparison-Shopping Platform

Santa Monica-based GoodRx Inc., which rose to prominence through its app allowing consumers to comparison shop pharmacies for prescription drugs, now wants to give consumers the power to lower their overall health care costs.

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Heal to Partner With Humana After $100 Million Investment

Sawtelle-based physician house call and telemedicine service Get Heal Inc. has received a $100 million investment from health insurance giant Humana Inc., the two companies announced July 29.

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LA’s Mental Health Businesses Respond to Covid Crisis

Four months into a global pandemic, L.A.’s mental health industry is in high demand.

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Karsh Family Donates $25 Million to Cedars-Sinai

Cedars-Sinai Medical Center announced a $25 million donation from Bruce Karsh and the Karsh Family Foundation.

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Prime Healthcare Deal for St. Francis Is Approved

Prime Healthcare received approval from state Attorney General Xavier Becerra to purchase St. Francis Medical Center.

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Molina Healthcare to Acquire Business Lines of Kentucky Health Plan for $20M

Molina Healthcare announced July 17 that it has agreed to buy certain business lines of Passport Health Plan for $20 million.

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DxTerity Develops At-Home Covid-19 Testing

Like many genetic testing companies, Rancho Dominguez-based DxTerity Diagnostics Inc. has pivoted to Covid-19 testing, but with a special focus on testing employees before they return to the workplace.

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UCLA Teams Report Gains in Health Monitoring, Genetic Counseling

UCLA announced a couple of health care-related developments last month that had little to do with the Covid-19 pandemic.

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