NJBIZ

Jul 17, 2012

N.J. pharma pipelines include 38 mental health drugs

Merck & Co. and Roche are New Jersey's leaders in developing new treatments for mental illness, according to new data from the trade group Pharmaceutical Research and Manufacturers of America.

Jul 17, 2012

Hunterdon hospital, Aetna partner to launch ACO

Hunterdon Healthcare Partners, a partnership between physicians and Hunterdon Healthcare System, will launch this summer a new accountable-care organization with insurer Aetna Inc. to reduce medical costs and improve the delivery of care to its employees and Aetna's members.

Jul 16, 2012

Sale of Christ Hospital, in Jersey City, finalized

The ownership struggle for Christ Hospital in Jersey City is over. On Friday, the sale of the financially troubled hospital was finalized, adding to for-profit operators Hudson Holdco LLC's portfolio of properties.

Jul 16, 2012

Investment firm pays nearly 2B to acquire Par Pharmaceutical

Woodcliff Lake-based Par Pharmaceutical Cos. Inc. today announced it has agreed to be acquired by an affiliate of private investment firm TPG for approximately $1.9 billion in cash.

Jul 11, 2012

Experts Benefits under health care reform, but costs, restrictions will impede biotechs

Though biopharmaceutical firms in New Jersey will benefit from expansion in Medicaid enrollment and the creation of health insurance exchanges under the Patient Protection and Affordable Care Act of 2010, increased pressure to lower drug costs and greater restrictions in the number of drugs covered under Medicaid will hurt revenues and...

Jul 10, 2012

MagnaCare to begin offering malpractice insurance, other products

As the health care debate rages on in Washington, D.C., a local self-insurance provider is seizing what it sees as an opportunity to grow its business and introduce more efficiency into the health care system.

Jul 9, 2012

Barnabas Health ACO gets federal approval

New Jersey's fourth accountable-care organization was approved by the Centers for Medicare and Medicaid Services today, one of 89 newly approved ACOs in the United States and the only one here.

Jul 9, 2012

In 4.9B deal, WellPoint acquires NJ Medicaid, CHIP managing company

Looking to expand its Medicaid footprint, Indianapolis-based WellPoint Inc. announced Monday it had reached an agreement to acquire Amerigroup Corp. for nearly $4.9 billion.

Jul 3, 2012

N.J. getting 22.1 million from GSK settlement

New Jersey will get $22.1 million under a multibillion-dollar settlement announced yesterday between the U.S. Department of Justice and drug maker GlaxoSmithKline.

Jul 2, 2012

Hospitals group offers ACA penalty calculator for employers

While the individual mandate received the most attention while the Patient Protection and Affordable Care Act of 2010 was under Supreme Court review, the clauses making up the "employer mandate" are forcing employers to make difficult decisions about benefits.

Jul 2, 2012

Bristol-Myers’ 5.3B acquisition to enhance diabetes treatments

Pharmaceutical developer Bristol-Myers Squibb Co., in Princeton, acquired San Diego-based Amylin Pharmaceuticals Inc., on Friday, for approximately $5.3 billion in cash to expand its research, development and commercialization of diabetes treatments.

Jun 29, 2012

Health systems say alignment will help meet goals of health care reform

Holy Redeemer Health System and Abington Health have signed a letter of intent to create a new regional health system in New Jersey and Pennsylvania adhering to principles outlined in President Barack Obama's health care reform, which was

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