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Health Care

Prime Healthcare moves forward on New Jersey acquisitions

St. Michael’s Medical Center in Newark and Prime Healthcare entered into a nonbinding letter of intent in early December. St. Michael’s, currently part of Catholic Health East, is the third hospital Prime has targeted, after St. Mary’s and a failed attempt last year to purchase Christ Hospital in Jersey City.It was previously reported in Grapevine ...

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Innovation creates can-do culture at Campbell Soup

“From the way IDEO made innovation happen so fluidly, I learned a big business needs to make sure innovation is the focal point, not a hobby … and if you’re going to be an innovative company, you have to be comfortable firing bullets, and be ready to put money down on a cannonball,” the Campbell ...

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Power 100 nightmare

I thought I was the only one who has dreams about the NJBIZ Power 100 list. But a business leader contacted me Monday to tell me about the “nightmare” he/she had about our Power 100 list on Sunday, the night before the 2013 list published. The executive said I could share the dream on this ...

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Cooper Health System will pay 12.6 million to settle kickback allegations

The investigation was spurred by a whistle-blower’s federal lawsuit claiming Cooper engaged in improper consulting and compensation arrangements with the local physicians who served on its Heart Institute’s advisory board. The multiyear, joint federal and state probe examined how those doctors were compensated and what services they provided to Cooper in return.Allegations that Cooper had ...

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French pharma research company to call Newark home

Biotrial S.A. recently purchased a 1.2-acre parcel of land in University Heights Science Park, where more than 90 incubator companies are located within the 351,000 square feet of office and research space that already has been developed. As Biotrial hopes to occupy the new building in early 2014, New York-based architecture firm Francis Cauffman has ...

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In preparation for 2014, Medicare Advantage plans have ‘soft opening’

The provider-based Medicare Advantage plans are crafted around networks of “preferred” care providers in an effort to keep costs down and improve integration of care between providers.Bayonne Medical Center, Christ Hospital and Hoboken University Medical Center are offering the CarePoint Advantage plan through their parent company’s insurance group, CarePoint Health Plans. For January 2013, enrollment ...

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