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NantHealth's cancer test picks up more willing insurers

NantHealth's cancer test picks up more willing insurers

By Bob Herman  |  August 10, 2016

NantHealth, the precision-medicine company started by billionaire Dr. Patrick Soon-Shiong, is in negotiations with 13 additional health insurance companies and large employers to cover its costly genome sequencing test for cancer patients.

Blog: Soon-Shiong's latest moonshot: the newspaper industry

Blog: Soon-Shiong's latest moonshot: the newspaper industry

By Beth Kutscher  |  May 23, 2016

Dr. Patrick Soon-Shiong's investment firm Nant Capital is committing $70.5 million to become the second-largest shareholder in Tribune Publishing Co., parent company of the Los Angeles Times, Baltimore Sun and Chicago Tribune, among other titles.

NantHealth's prospects for turning a profit

By Beth Kutscher  |  May 12, 2016

NantHealth is starting to see greater insurance coverage for its molecular profile diagnostic test, GPS Cancer. The Culver City, Calif.-based company, which filed for an IPO earlier this week, needs to demonstrate that its approach to personalized medicine has commercial applications.

NantHealth, Soon-Shiong's personalized medicine company, files IPO

NantHealth, Soon-Shiong's personalized medicine company, files IPO

By Beth Kutscher  |  May 09, 2016

The filing comes about six months after NantHealth, the information technology and personalized medicine company headed by billionaire Dr. Patrick Soon-Shiong, delayed an initial public offering, citing adverse market conditions.

Allscripts earnings flat as client services revenue shrinks

By Michael Sandler  |  February 19, 2016

Allscripts reported flat revenue for fiscal 2015, as the electronic health record systems supplier saw lower revenue from client services. Bookings, however, were a boon for Allscripts last year, reaching $1.1 billion, a 20% increase from 2014.

Soon-Shiong's Cancer MoonShot forms pediatric partnerships

Soon-Shiong's Cancer MoonShot forms pediatric partnerships

By Maria Castellucci  |  February 18, 2016

The Cancer MoonShot 2020 program, a coalition led by biotech billionaire Dr. Patrick Soon-Shiong, is teaming up with 11 pediatric institutions focused on applying immunotherapy to treat childhood cancers.

NantHealth holds off on IPO

By Modern Healthcare  |  November 28, 2015

Citing the current bear market, Dr. Patrick Soon-Shiong is postponing the initial public offering of NantHealth, his precision medicine startup, according to the Los Angeles Times.

Allscripts trims losses in Q3

By Joseph Conn  |  November 05, 2015

Despite increases in revenues, Allscripts posted a third-quarter loss, the Chicago-based electronic health-record systems maker reported Thursday.

Stanford dropout joins ranks of biggest U.S. healthcare tycoons

Stanford dropout joins ranks of biggest U.S. healthcare tycoons

By Modern Healthcare  |  October 10, 2015

Not every college dropout hits it big. And then there's Elizabeth Holmes, who stands out among healthcare billionaires on the latest Forbes 400 ranking as the “youngest self-made female billionaire” in the world. Forbes also dubs her No. 1 among “America's self-made women.”

Allscripts' preliminary Q2 revenue exceeds expectations

By Michael Sandler  |  July 17, 2015

Allscripts Healthcare Solutions, a Chicago-based electronic health-record vendor, expects record second-quarter bookings in a range of $255 million to $260 million. Bookings grew between 9% and 12% year over year and experienced an increase of 6% year-over-year growth.

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