HEALTH CARE

Emanate Health Breaks Ground on New $125 Million Expansion

Covina-based hospital network Emanate Health has officially embarked on an ambitious $125 million facilities expansion program for its hospitals in the eastern San Gabriel Valley.

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Cedars-Sinai Embraces Flexibility in Roles, Benefits

2021 Largest Employers Special Report

Few of L.A.’s largest private-sector employers have had to deal with as many employment and workplace challenges over the last 18 months as Beverly Grove-based Cedars-Sinai Health System, which runs Cedars-Sinai Medical Center and more than 40 other medical facilities throughout the region.

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NovaSignal Raises $37M to Further Market Brain Blood Flow Monitoring Device Used to Detect Strokes

Rancho Park-based NovaSignal Corp., which makes technology to monitor blood flow inside the brain, announced Sept. 28 that it closed $37 million in a Series C1 funding round.

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Clever Care Health Plan Raises $71 Million

Arcadia-based Clever Care Health Plan Inc., which specializes in supplemental Medicare coverage that includes both Western and Asian medicine, has raised $71 million in Series B financing, the company announced Sept. 22.

How GoodRx Fended Off Amazon

GoodRx and its consumer-focused health care apps have managed to hold their own and even thrive despite an escalating threat from Amazon.com Inc.

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Herbalife Shares Plunge After Company Lowers Revenue Guidance

The company released lowered full-year revenue guidance due to lower-than-expected results from its distributor network.

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Senior Care Provider Scan Makes First Outside Investments

Long Beach-based Scan Group, best known for its Scan Health Plan that offers Medicare Advantage plans to seniors, has made its second investment in an outside health care company.

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Molina Healthcare Awarded Nevada Medicaid Contract

Chalk up another contract win for Long Beach-based health insurance giant Molina Healthcare Inc.

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Dermavant Closer to FDA Approval for Tapinarof

In a tale of two local biotech companies trying to develop drugs to treat skin conditions, one has passed a major milestone as it seeks Food and Drug Administration approval.

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Ontrak Plots New Course After Losing Major Customers

This year has been a brutal one for Santa Monica-based Ontrak Inc.

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Mintie’s Air Cleaners Are in Demand Again

With Covid-19 driving new interest in indoor air quality, Mintie — which was recently acquired by a better capitalized industry player — could turn into more than a niche operation.

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Soon-Shiong Adds Top Science Role at ImmunityBio

Following a plunge in the share price of Culver City-based ImmunityBio Inc., company founder Patrick Soon-Shiong has resumed an active role in the company.

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Ontrak Loses Largest Customer

Behavioral health company Ontrak Inc. announced the loss of its second major customer this year.

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Larry Ellison-Backed Cancer Institute Opens

A new cancer research institute has opened its doors on L.A.’s Westside.

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Fulgent Reaches Deals With Cancer Testing Companies

Temple City-based genetic testing company Fulgent Genetics Inc. announced two deals with cancer testing companies.

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