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Saturday, February 4, 2012

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Chicago Healthcare News

Uptown mental health group hires new CEO
(Crain's)— At Community Counseling Centers of Chicago, Eileen Durkin faces the challenge of finding revenues for the group from outside of state government.

News briefs: Feds increase chances of rebates for Blue Cross parent
(Crain's) — Also: Railroad behemoth Canadian National Railway donates $1 million to help build Alexian Brothers Children's Hospital in Hoffman Estates and dialysis company DaVita wants to add nine stations to its 23-station facility in the

Walgreen to acquire some pharmacy assets from BioScrip
(Reuters) — BioScrip Inc. said it will sell certain assets of its community specialty pharmacies and centralized specialty and mail service pharmacy businesses to Walgreen Co., the largest U.S. drugstore chain, for about $225 million.

LaunchPoint on track to more than double revenue this year
(Crain’s) — A Rolling Meadows-based software and consulting firm that helps the health care industry handle massive amounts of data has raised $3.5 million more from investors.

Chicago Business Today: Latest layoff victim
Tellabs Inc. is cutting 530 jobs, closing out a month of job-shedding by local firms. ISAC takes the first step in saving College Illinois. And, Chicago-area home prices dip for the third straight month.

Hospira names Amgen VP chief commercial officer
(Crain's) — Hospira's chief commercial officer has left the company, a key step in reshaping CEO F. Michael Ball's management team.

Children's net operating income falls
(Crain's) — The decrease came in part because of rising employee costs, which jumped 8.8 percent in fiscal 2011.

News briefs: CTA renews Blue Cross HMO in $192 million deal
(Crain's) — Also, BioSante cuts 21 jobs and a U of C professor shares in an award for her role in helping to develop a blockbuster leukemia drug.

Crain's Hospital Trustee Breakfast in March
(Crain's) — The program will focus on issues affecting hospital governance.

Specialists look to Springfield after lawsuits fail
(Crain's) — Some doctors are taking their case to lawmakers after a state court judge rejected a constitutional challenge to a law they say singles them out by banning billing for fees not covered by insurance.

Former Chicago AIDS Foundation CEO to take top job at Thresholds
(Crain's) — Thresholds, a leading Chicago-based mental health services provider, has named a former local executive as its new CEO.

Walgreen buying prescription files from 33 Kmart stores
(AP) — Walgreen Co. said Monday it is buying prescription files and inventory from 33 Kmart pharmacies in 16 states.

IHA to hire state senator to senior leadership post
(Crain's) — State Sen. A.J. Wilhelmi has been tapped for a senior leadership post at the Illinois Hospital Association, the powerful lobbying organization that represents 200 hospitals.

Northwestern Memorial turns the computers on to construction
(Crain's) — The health care giant is looking to cut costs on its new Streeterville outpatient tower by tapping technology it didn’t use nine years ago when it started work on Prentice Women’s Hospital.

Northwestern Memorial names Bernick, Brodsky to board posts
(Crain's) — Former Alberto Culver executive Carol Bernick and Chicago Board Options Exchange CEO William Brodsky have been picked for top board posts at the Chicago-based health system.

Mead Johnson 4Q profit falls 14%
(AP) — Baby-formula maker Mead Johnson Nutrition Co. said Thursday that its profit fell 14 percent in the fourth quarter because of higher costs.

Baxter profit meets estimates, but its 2012 outlook lags
(Reuters) — Baxter International Inc. reported a higher quarterly profit on Thursday, helped by sales of its products for hemophilia and immune disorders, but the company issued a 2012 forecast below Wall Street's target.

FDA dings Hospira for 'misleading' ads for blood drug
(Crain's) — The FDA has admonished the Lake Forest firm for overstating the capabilities of a product used to offset severe blood loss.

Abbott cutting 700 from workforce
(Crain's) — Abbott Laboratories announced today that it's eliminating jobs, including about 200 in Lake County, as part of a restructuring effort.

News briefs: Cook County health system wants to infuse new foundation with $250,000
(Crain's) — Also: Edward Health Services Corp.'s operating income jumped 25 percent, a Lombard chiropractor convicted of a sex offense fights for his license and Illinois expands insurance coverage for children.
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