Philadelphia Magazine

Health Care

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

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 […]

Business

$1 Billion Virtua Hospital Plan Approved But Still Far From Done Deal

Virtua Health unveiled a $1 billion, 20-year plan to build a medical care campus in South Jersey. The health system has plans to construct a nine-story […]

Business

Infographic: Businesses Much Less Prepared Than They Think

Hey business owners: Do you think you’ve got things like cyber security and health care costs under control? Well a new study from Philly-based Graham […]

Business

10 Philly Hospitals Ranked by Reputation

Hospitals are often ranked by physician ratings, patient experience or level of expertise in a specialty. But what about community perception? In today’s new world of […]

Business

N.J., Christie Sued Over Law that Allows Just Three Paramedic Providers Statewide

Virtua has sued the state of New Jersey and Gov. Chris Christie in an effort to stop a new law that gives Cooper University Hospital exclusive control of emergency […]

Business

BizFeed: CVS Quit Smoking. Will it Quit Candy Next?

1. CVS to Quit Sugary Snacks Next? The News: The New York Times did a thorough examination of CVS and the future of the pharmacy giant. After CVS voluntarily stopped the […]

Business

What $37 Billion Aetna-Humana Deal Means

Last week’s $37 billion merger agreement between Aetna and Humana will create a behemoth with $115 billion in annual revenues and 33.5 million members. A […]