CALIFORNIA | LOCAL
May 7, 2012 | By Alexandra Zavis, Los Angeles Times
Just off the trendy Melrose strip, on the western edge of Hollywood, is a refuge of tree-lined streets where neighbors greet each other by name and young couples start families and stick around into their golden years. Lately, it has also become a battlefront in a broader clash of conflicting imperatives: how to balance a government push to keep the aging and disabled out of institutions against community desires to protect the character and value of residential neighborhoods, particularly in a shaky housing market.
BUSINESS
May 3, 1989 | JOHN CHARLES TIGHE, Times Staff Writer
National Healthcare & Hospital Supply in Orange agreed Tuesday to be acquired by Owens & Minor, a large eastern hospital supply distributor, in a deal worth about $40 million. Officials of the companies said they were not prepared to discuss plans for the future of National Healthcare's local operations or the status of the firm's 360 employees, including 100 who work in Orange County. "I do know there are some mighty fine people in this company, and a mighty fine computer system here," said Owens & Minor President G. Gilmer Minor III. National Healthcare, which said it had revenue of more than $250 million last year, supplies needles, syringes, catheters, gloves and other medical supplies to health-care hospitals and other health-care facilities, mostly in western states.
BUSINESS
September 27, 2007 | Martin Zimmerman and Molly Selvin, Times Staff Writers
The deal that ended the two-day strike against General Motors Corp. on Wednesday won't necessarily put GM back in the driver's seat, but unloading some of its massive healthcare obligations will help GM compete with nonunion Japanese rivals -- while sending the United Auto Workers into new territory.
BUSINESS
October 7, 2011 | By Richard Verrier, Los Angeles Times
After the collapse of a deal with hospital chain Providence Health & Services, officials from the Motion Picture & Television Fund are close to finalizing an agreement with another national healthcare provider that would keep Hollywood's most famous nursing home afloat. In February, the fund announced that it had reached an agreement with Providence to manage the hospital and nursing home in Woodland Hills. But the arrangement fell apart this summer after Providence, a Renton, Wash.-based nonprofit health services provider, balked at assuming financial responsibility for the operations.
WORLD
October 16, 2012 | By Jeffrey Fleishman, Los Angeles Times
CAIRO - The mother, barely past girlhood, was the first to die in Dr. Ahmed Eldin's care. Her heart would not stir beneath his compressions. He walked, distraught, out of the intensive care unit that day, past the mother's child, only a week old, sleeping in the lap of a relative in a dirty corridor of a public hospital, where patients often buy their own syringes, doctors run out of surgical gloves and the pharmacy sometimes lacks medicines that...
BUSINESS
September 19, 2012 | By Tiffany Hsu
The whispers started right away: Was Patrick Soon- Shiong , a Los Angeles billionaire-doctor-philanthropist-businessman, on the shortlist of potential buyers for entertainment giant AEG ? Soon after the company put itself on the block Tuesday, Soon- Shiong representative Chuck Kenworthy confirmed that the mogul “is keenly aware that AEG is in play” and is “interested.” Here, a look into the life of the founder of Abraxis BioScience Inc. who, as of Wednesday, was the 47th- richest person in America and the wealthiest in Los Angeles . Soon- Shiong was raised in apartheid Sou th Africa by his Chinese immigrant parents; his father fled China during World War II and practiced traditional Asian medicine.