Healthcare

BUSINESS HEALTH & MEDICAL NEWS

Theranos CEO Elizabeth Holmes is banned from running medical labs

Blood-testing start-up Theranos Inc. has been dealt a major blow: Federal regulators banned founder and Chief Executive Elizabeth Holmes from owning or running a medical laboratory for two years. The sanctions, announced late Thursday by the company, follow months of investigation by government...

Contaminated Medical Scopes

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  • UCLA shooter's slain wife had found happiness at medical school

    UCLA shooter's slain wife had found happiness at medical school

    She was fueled by curiosity. She studied Asian languages and took classes in four different countries. She tried her hand at stand-up and improv comedy. Her knack for trivia dazzled. So did her ability to rouse a crowd into a singalong. Acquaintances were charmed by what they saw as an odd but...

  • LAPD jailers didn't conduct proper cell checks 8 times out of 10, watchdog report finds

    LAPD jailers didn't conduct proper cell checks 8 times out of 10, watchdog report finds

    Jailers at the Los Angeles Police Department’s busiest detention facility frequently failed to properly conduct welfare checks of cells to ensure inmates were safe, according to a report released Friday by the LAPD’s watchdog. The review, conducted by Inspector General Alex Bustamante, found that...

  • Shares jump on IPO for Soon-Shiong start-up NantHealth

    Shares jump on IPO for Soon-Shiong start-up NantHealth

    Shares of biotech start-up NantHealth, run by Los Angeles billionaire physician Patrick Soon-Shiong, had a strong first day of trading Thursday, closing 32% above their offer price. The price of a NantHealth share closed at $18.59, up $4.59. NantHealth offered 6.5 million new shares at $14 a share,...

  • Obama's solicitor general Donald Verrilli is stepping down

    Obama's solicitor general Donald Verrilli is stepping down

    Donald B. Verrilli Jr., President Obama’s top courtroom lawyer who defended his healthcare and immigration plans before the Supreme Court, is stepping down as U.S. solicitor general at the end of this month. Atty. Gen. Loretta Lynch announced his departure Thursday and described Verrilli as “a...

  • 11 deaths at Huntington Hospital among patients infected by dirty scopes, city report says

    11 deaths at Huntington Hospital among patients infected by dirty scopes, city report says

    Pasadena health officials said Wednesday that 16 patients were infected by dangerous bacteria from medical scopes at Huntington Hospital from January 2013 to August 2015, including 11 who have now died. Many of those patients were already severely ill, including some with cancer. Health officials...

  • Here's why it's so difficult to solve soaring drug prices

    Here's why it's so difficult to solve soaring drug prices

    Seen as a narrative of soulless profiteers versus innocent, needful patients, the crisis of high pharmaceutical prices has produced a convenient gallery of villains: the board of Gilead Sciences, for instance, which priced its hepatitis cure at what it thought the market would bear (nearly $100,000);...

  • Physical fitness may have saved woman from shark attack, doctor says

    Physical fitness may have saved woman from shark attack, doctor says

    The woman attacked by a shark over the Memorial Day weekend off Newport Beach arrived at a local hospital with severe bite wounds on her body, a hospital official said. Maria Korcsmaros, a 52-year-old personal trainer and aerobics instructor from Corona, later told doctors that the attack was “very...

  • UnitedHealth to stop selling Obamacare coverage in California

    UnitedHealth to stop selling Obamacare coverage in California

    Health insurance giant UnitedHealth Group, which sat out California’s implementation of the Affordable Care Act until this year, will not sell health plans on the state’s insurance marketplace in 2017, state and company officials said Tuesday. United’s move will have almost no effect on Covered...

  • Striking Verizon workers to return with raises

    Striking Verizon workers to return with raises

    NEW YORK — Nearly 40,000 striking Verizon employees will return to work Wednesday after reaching a tentative contract agreement that includes 1,300 new call center jobs and nearly 11 percent in raises over four years but also makes health care plan changes to save the company money, the company...

  • California Inc.: State regulators to look at Frontier's takeover of Verizon lines

    Welcome to California Inc., the weekly newsletter of the L.A. Times Business Section. I'm Business columnist David Lazarus, and here's a rundown of upcoming stories this week and the highlights of last week. We learned Friday that economic growth at the start of the year wasn't as bad as initially...

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