Dec. 13, 2010 at 10:52 a.m.
Filed under:
Health care
By Bruce Japsen
The parent of Loyola University Medical Center in west suburban Maywood wants to partner with another Catholic-owned medical-care provider, the large academic medical center confirmed this morning.
Dr. Paul Whelton told Loyola University Health System employees in a memo Friday that Loyola would “explore options .. from a position of strength” and Catholic medical-care providers would be part of its partnership discussions. The Tribune last week confirmed Loyola was evaluating whether to merge with another health care system. Get the full story »
Dec. 9, 2010 at 2:00 p.m.
Filed under:
Health care,
M&A
By Bruce Japsen
Loyola University Health System, parent of Loyola University Medical Center in west suburban Maywood, is evaluating whether to merge with another health care system, according to sources close to the west suburban teaching hospital.
Reached this afternoon, medical center executives issued a statement saying details of their discussions are confidential. The Catholic hospital, located in west suburban Maywood, is one of five large academic medical centers in the Chicago area. Get the full story »
Nov. 17, 2010 at 8:16 a.m.
Filed under:
Health care,
International
By Bruce Japsen
The Cork Medical Centre. (Handout)
A Chicago-area family has opened a third hospital in Ireland, bringing the first new private inpatient health facility to the town of Cork in 90 years.
A spokesman for Sheehan Medical, which has offices in Dublin and Winfield, a western suburb of Chicago, said the facility includes 75 private rooms and will employ 525 people. It cost more than 90 million euros. The group is run by James Sheehan and his father, Loyola University orthopedic surgeon Dr. Joseph Sheehan. Sheehan Medical already owns hospitals in Blackrock and Galway, Ireland. Get the full story »
By Bruce Japsen
The chief executive officer of the American Medical Association will step down when his contract expires next June as the Chicago-based national doctor group embarks on an uncertain political environment for physicians under the health care overhaul law.
Dr. Michael Maves, who is 62 years old, has served as the organization’s top administrator since 2001, working under the direction of the AMA’s board of trustees. Maves said in a statement that the end of his contract presents an opportunity to transition to new leadership for the AMA, the nation’s largest doctor group with more than 200,000 member physicians. Get the full story »
Oct. 25, 2010 at 8:20 a.m.
Filed under:
Health care,
Travel
By Bruce Japsen
Rush University Medical Center, working with a national group of academic medical centers, was awarded a $500,000 grant designed to “help boost medical travel to the U.S.” Get the full story »
Oct. 11, 2010 at 4:49 p.m.
Filed under:
Health care
By Reuters
Only eight people will take part in the first known clinical trial testing the safety of embryonic stem cells in humans and each patient will go through a very stringent selection process, the lead researcher of the study said on Monday. Get the full story »
Oct. 6, 2010 at 7:00 a.m.
Filed under:
Health care,
Insurance
By Bruce Japsen
The state’s largest health insurer and the area’s biggest medical-care provider have signed an agreement that holds doctors and hospitals more accountable for performance and quality service.
The three-year deal between Blue Cross and Blue Shield of Illinois and Advocate Health Care, which operates 10 hospitals in Illinois, calls for Advocate to limit rate increases it negotiates from the insurance company. In addition, Advocate doctors and hospitals are being asked to meet performance targets tied to improved quality, safety and efficiencies of the medical care provided to patients covered by Illinois Blue Cross HMO and preferred-provider organization products. Get the full story »
Oct. 5, 2010 at 6:52 p.m.
Filed under:
Health care,
M&A
By Bruce Japsen
The parent companies of Delnor Hospital in Geneva and Central DuPage Hospital in Winfield said Tuesday they have signed an agreement to merge their operations in Chicago’s northwest suburbs.
The deal comes as the health care overhaul law is being implemented over the next four years, triggering a wave of consolidation of hospitals and doctor practices across the country. Get the full story »
Oct. 1, 2010 at 9:44 a.m.
Filed under:
Health care
By Tribune staff report
NorthShore University HealthSystem, which operates four hospitals in the north Chicago suburbs, said the dozen heart doctors from North Shore Cardiologists will join its medical group.
Effective in January, 12 North Shore Cardiologists will become a part of NorthShore Medical Group. “The clinical expertise of this group will be integrated with the superior technology of NorthShore, including our electronic medical record system and advanced imaging technology,” said Dr. Janardan Khandekar, chairman of NorthShore’s department of medicine. Get the full story »
By Bruce Japsen
Dr. Sherman Elias, the top obstetrician at Northwestern Memorial Hospital’s Prentice Women’s Hospital, is resigning.
Elias, Chairman of the Department of Obstetrics and Gynecology at Northwestern University’s Feinberg School of Medicine, will resign at the end of the year after seven years, the medical school confirmed to the Tribune.
Elias’ departure is viewed as a surprise, according to sources inside the hospital and medical school. He could not be reached Friday evening for comment. Get the full story »
Sep. 20, 2010 at 11:57 a.m.
Filed under:
Commercial real estate,
Health care,
Real estate
By Bruce Japsen
Children’s Memorial Hospital has hired Chicago-based commercial real estate firm U.S. Equities Realty to market the land and building at its current tony Lincoln Park location.
Calling it “one of the most desirable neighborhoods in the Midwest,” hospital officials are hoping the prime six-acre real estate site will fetch a large sum.
Hospital officials would not disclose or speculate on what the sale of the property may raise but it is certainly worth tens of millions of dollars even in the current down market for real estate, say Chicago real estate observers. Get the full story »
By Bruce Japsen
Long-time Rush University Medical Center executive Peter Butler was named president of the West Side academic medical center, the hospital’s top executive said. Get the full story »
Aug. 31, 2010 at 3:03 p.m.
Filed under:
Crime,
Health care,
Pharmaceuticals
By Bruce Japsen
The execution room in a Texas prison. (AP)
An anesthesia drug sold by Hospira Inc. that is used by several states to execute prisoners on death row may not be available until early next year due to supply issues.
The drug, sodium thiopental, is not approved by the U.S. Food and Drug administration for use in lethal injections, so it is not sold by Hospira for such uses. But like other prescriptions, physicians are known to provide drugs to patients in off-label form, and the product is known to be used as part of a cocktail of prescriptions used to put inmates to death.
USA Today reported last week that the shortage of several anesthesia drugs may delay executions in at least two states. Federal agencies and some hospitals have also reported that elective surgeries are also being delayed because of the shortage of such products. Get the full story »
Aug. 4, 2010 at 3:02 p.m.
Filed under:
Health care,
Updated
By Bruce Japsen
MD Anderson Cancer Center, one of the nation’s best known providers of oncology care, is in talks with Chicago’s largest provider of medical care, Advocate Health Care, about a possible partnership, the two health care systems confirmed today.
Any deal with the internationally known MD Anderson would be designed to enhance the cancer care provided at Advocate, which owns and operates 10 hospitals in Illinois, including eight in the Chicago area, according to sources close to the talks. It could also be a marketing opportunity given the MD Anderson name is well-known and regularly ranks atop lists of U.S. cancer providers such as the annual rankings by U.S. News & World Report. Get the full story »
July 29, 2010 at 3:20 p.m.
Filed under:
Chicago executives,
Health care
By Bruce Japsen
The top doctor at Washington University Medical School in St. Louis will be tapped as early as tomorrow to run the University of Chicago Medical Center, according to sources close to the Hyde Park teaching hospital.
Dr. Kenneth Polonsky, chairman of the department of medicine at Washington University, will be the first full-time Chief Executive Officer at the U of C hospital since Dr. Jim Madara stepped down last year as CEO after a three-year stint. A spokesman at the University of Chicago Medical Center said he could not comment and Polonsky’s office did not return a call this afternoon from the Tribune. Get the full story »
