Ameet Sachdev – Page 17

Dr. Paul Merrick of DuPage Medical Group in Lisle talks with patient Jami Arndt of Carol Stream on Wednesday, Aug. 5, 2015.

Blue Cross joins forces with physician group

June 15, 2018 at 11:20 a.m.

Blue Cross and Blue Shield of Illinois is teaming up with one of the Chicago area's largest independent physician practices as the traditional adversarial relationship between doctors and insurers continues...

Merge Healthcare to be sold to IBM

June 16, 2018 at 4:25 p.m.

Merge Healthcare, a Chicago-based medical software company, said Thursday that it has agreed to be acquired by IBM for about $705 million in cash plus the assumption of debt. The...

Northwestern, KishHealth System partnering

June 15, 2018 at 4:38 p.m.

Chicago's Northwestern Memorial HealthCare is expanding west, entering an agreement with KishHealth System, a smaller hospital system in DeKalb. Talks between the healthcare providers began in late May, when Northwestern...

A month into its life, Baxalta finds itself fending off Shire

June 15, 2018 at 12:24 p.m.

Barely a month after becoming an independent company, Baxalta — the former biosciences division of Baxter International — faces a battle over its future. Irish drugmaker Shire said Tuesday that...

Terry Frett shops for cereal included on his Healthy Savings list at a Pick 'n Save in Wisconsin on July 27, 2015. His health insurance provider, UnitedHealthcare, offers discounts on various healthy food items through the program.

UnitedHealthcare offers savings for shopping healthy at the grocery

August 19, 2019 at 3:10 a.m.

When Terry Frett goes to Pick 'n Save in suburban Milwaukee for his weekly groceries, he gives the cashier his loyalty card to take advantage of in-store discounts. He then...

CEO of parent of Blue Cross & Blue Shield of Illinois to retire

June 15, 2018 at 11:32 a.m.

The CEO of the parent of Blue Cross & Blue Shield of Illinois will retire at the end of the year, the company said Thursday. Patricia Hemingway Hall will be...

Baxalta — Baxter’s spinoff — raises expectations for second half

June 16, 2018 at 4:43 p.m.

Baxalta, a bioscience company spun off from Baxter International earlier this month, likes its prospects for the rest of the year. The Deerfield-based company expects pro forma sales growth, excluding...

Baxter begins search for new CEO

June 16, 2018 at 4:16 p.m.

Baxter International has begun looking for a replacement for Chief Executive Bob Parkinson. Parkinson, 64, told analysts Wednesday in a conference call that the company's board of directors has hired...

Life sciences companies racked up deals at a blistering pace in the first half of this year. One of the larger deals was North Chicago-based AbbVie's purchase of Pharmacyclics for $20.8 billion.

AbbVie beats expectations in 2Q, but shares drop over Humira overseas sales

June 15, 2018 at 12:40 p.m.

AbbVie reported better-than-expected second-quarter earnings, despite the impact of the strong U.S. dollar. But shares dropped in Friday morning trading on concerns of slower international sales of its blockbuster Humira...

Federal authorities have accused Nikesh Patel, a Florida man, of defrauding investors.

Municipal fund IMET closer to recovering loss from alleged fraud

June 15, 2018 at 1:11 p.m.

An Illinois investment fund is closer to recovering about half of the loss it suffered from an alleged fraud disclosed last fall. The Illinois Metropolitan Investment Fund, called IMET for...

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