Health Care

Business

Jefferson CEO: Expect More Mergers

Jefferson has been merger-happy over the past year — and it’s not going to end anytime soon. In the wake of Jefferson’s shocking merger with Philadelphia […]

Business

Why We Merged: Jefferson, Philly U. Presidents Explain Their Shocking Move

The merger agreement between Philadelphia University and Thomas Jefferson University was nothing short of a shocker. A medical and nursing school in Center City merging with a design, […]

Business

Report: Jefferson and Philadelphia University to Merge

Thomas Jefferson University and Philadelphia University put out a curious press release on Thursday morning, saying the two organizations signed a letter-of-intent “to pursue integration of the two […]

Business

Study: Philly-Area Hospitals Charge Wildly Different Prices for Same Treatment

One of the most vexing things about the American health care system is costs. When making a large purchase like a house or car, most […]

Business

$231 Million Paves Way for “Starbucks of Addiction Rehab”

There’s no such thing as a “Starbucks of Addiction Rehab,” but a King of Prussia-based company might soon be the closest thing. Recovery Centers of […]

Business

Pfizer, Allergan Merge to Create World’s Largest Drug Maker

Pfizer and Allergan have struck a $160 billion merger deal that would create the world’s largest drug maker. It’s yet another example of a merger in the […]

Business

“Heroin Antidote” Nasal Spray Gets FDA Approval

Heroin usage has reached epidemic proportions in the United States — and families in Philadelphia have certainly been feeling its wrath. In fact, deaths nationally […]

Business

Penn Study: Paying Patients, Doctors Leads to Lower Cholesterol

What’s the best way to lower people’s cholesterol? Offer financial rewards to both patients and doctors when people take their allotted medications at the appropriate times. That was […]

Business

Two Philly Hospitals Have New Partner: Abu Dhabi

Two Philadelphia hospitals recently announced partnerships with an Abu Dhabi health care provider. Although both partnerships are preliminary and little detail has been offered — it opens the […]

Business

A Mouthpiece that Detects Concussions and More Local Health Care Innovations

Health care is at a crossroads and all players in the market basically want the same three things: Increased access to care, lower costs and […]

Business

It’s Official: Walgreens to Buy Rite Aid

UPDATE: Oct. 28, 7:30 a.m. It’s official, Walgreens has agreed to buy Rite Aid for $9 per share. The total enterprise value of the deal is […]

Business

Yet Another Hospital Merger in the Works

Crozer-Keystone Health System has finally found its dance partner. The company announced in October 2014 that it was exploring strategic partnerships — and on Monday signed a letter […]

Jefferson University sign
Business

Jefferson Aims to Acquire Aria Health

In the wild world of Philadelphia health care mergers, a doozie may be on the horizon. On Tuesday, Jefferson Health and Aria Health signed a letter of […]

Business

Meet the 31 Year Old Revolutionizing Health Care One Blood Test at a Time

Elizabeth Holmes is on a mission to change blood tests forever. Why should it cost $5,000 and take days when test results are extremely critical and […]

Business

First Round Capital Makes Largest Investment Ever

First Round Capital has made its largest venture capital investment yet — a $4 million investment in Clover Health. First Round Partner Josh Kopelman wrote in […]