Modern Healthcare Staff Crain's Chicago Business [email protected] Crain's Chicago Business team See All Staff Page Recent Stories Walgreens sale to private equity firm is 'mostly dead': report Walgreens stock fell by as much as 10% today but was down about 6% at midday, trading at around $11. Tempus AI secures in-network status with Blue Cross plans In a move that should drive wider adoption of its cancer-testing products, Tempus AI is now an in-network provider for Blue Cross plans in six states. Ascension, Prime hospital deal receives state approval The Federal Trade Commission approved the deal, one of the largest of 2024 in the industry. It is expected to close within the first quarter of 2025. Advocate Health Care to invest $1B in Illinois, rebuild hospital The massive investment has the potential to expand Advocate's reach, address health disparities and deliver an economic boost to the area. Northwestern, Penn State collaborate on AI screening of placentas PlacentaVision could offer a quick, mobile way to detect infections, like neonatal sepsis. Ascension, Prime hospital deal up for approval in Illinois If state health officials approve the $375 million deal, it would put 11 Illinois hospitals and care sites under new ownership. VillageMD CEO Tim Barry departs after failed Walgreens push Tim Barry leaves the company he co-founded after failing to execute on the retail pharmacy giant's healthcare push. Medline may raise $5B in a 2025 IPO, report says Reuters is quoting unnamed sources as saying the Northfield medical products distributor is poised to have one of the biggest IPOs in recent memory. AMA President-elect Bobby Mukkamala diagnosed with cancer Dr. Bobby Mukkamala plans to undergo surgery in December, the Chicago-based physicians organization said yesterday. Duly Health sells portion of 2 ambulatory surgery centers Under the $87 million deal, Brentwood, Tenn.-based Surgery Partners will lead operations at the suburban sites. Baxter finances take a hit amid hurricane-related plant shutdown Now forecasting a $200 million sales hit in the fourth quarter, the company’s shares are sliding. Tempus AI buying genetics lab company for $600M With Ambry Genetics in tow, Eric Lefkofsky's biotech startup hopes to accelerate its drive toward turning a profit. Walgreens layoffs hit 256 workers in another round of cuts This is the latest batch of cuts made by the struggling retail pharmacy chain in the last year and a half. Advocate Health names Betty Jo Rocchio chief nursing officer The health system is bringing on a St. Louis nursing exec to replace Mary Beth Kingston, marking the latest leadership role that will no longer be based in the Midwest. Northwestern sues Moderna over COVID vaccine patent infringement Northwestern claims Moderna could not have developed the vaccine as quickly as it did in 2020 without its own researchers' technological breakthroughs. Load More Sponsored Content
Modern Healthcare Staff Crain's Chicago Business [email protected] Crain's Chicago Business team See All Staff Page