Shire to buy Baxalta for $32 billion
Baxalta, a suburban Chicago drugmaker that focuses on rare diseases, is on its way to being acquired just six months into its life as an independent company, a sign of...
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Walgreens to sell health clinics to Advocate
Walgreens has agreed to sell its Chicago-area health clinics to Downers Grove-based Advocate Health Care as part of the drugstore chain's massive effort to streamline operations and cut costs. The...
NorthShore CEO ready to fight regulators — and he’s been there before
Mark Neaman admits he's in an uphill battle to save his proposed merger with Downers Grove-based Advocate Health Care against Washington, D.C., regulators who are trying to quash the deal....
NorthShore CEO says FTC gerrymandered hospital market to challenge merger
The CEO of NorthShore University HealthSystem accused the Federal Trade Commission of gerrymandering boundaries of the hospital system's competitive geographic market to challenge its merger with Advocate Health Care. In...
Obamacare’s bumpy ride for consumers
When she turned 26 in October, Elif Karatas of Chicago was no longer covered under her parents' health plan. She also wasn't eligible for coverage from her employer because she...
Restraining order puts Advocate, NorthShore merger on hold
Advocate Health Care and NorthShore University Health System have put their merger on hold, after the Federal Trade Commission challenged the deal on antitrust grounds, court documents show. The FTC...
Advocate-NorthShore hospital merger faces suit from FTC
The Federal Trade Commission filed a lawsuit Friday to block the planned merger of two Chicago-area hospital chains, saying that the combination of Advocate Health Care and NorthShore University HealthSystem...
Land of Lincoln Health CEO to step down
Land of Lincoln Health, a struggling insurance startup, said Thursday that CEO Dan Yunker will leave the company at the end of the year to devote time to his other...
Obamacare deadline extended
A surge in last-minute shopping for health insurance Tuesday led the federal government to extend the deadline by two days. The U.S. Department of Health and Human Services said consumers...
Low-cost MRI chain expands to Chicago area
Smart Choice MRI, which offers low-cost testing, said Monday that it plans to open four stand-alone imaging centers in the Chicago area next year. The company, founded in Wisconsin in...