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James Tyree, the Mesirow Financial chief executive who last week disclosed that he has stomach cancer, will begin chemotherapy next week.
“I feel pretty good,” he told the Tribune Wednesday night. “I’m sitting here stronger and greater than ever, and it’s stunning that these things are inside me”
In a note to Mesirow workers on Thursday, Tyree said that, over the past week, he has completed additional tests and consulted with several more doctors. Get the full story »
Merz Apothecary will close its store inside Macy’s on State Street at the end of the day Wednesday, and begin the week-long process of moving to the Palmer House a few blocks away.
The family-owned business, known for its homeopathic remedies and colorful bath products, plans to open at the historic hotel at 17 E. Monroe St. on Nov. 4. A grand opening is slated for Nov. 11.
The new location at the historic hotel — on the first floor near the bellhop and the Starbucks — will expose the Chicago retailer to thousands of tourists a day, said Anthony Qaiyum, owner of Merz. Get the full story »
Bristol-Myers Squibb Co. posted a slight decline in third-quarter profit Tuesday as its restrained spending was offset by flat sales of its drugs, lower income from its partners and bigger discounts to government because of the health care overhaul.
Rush University Medical Center, working with a national group of academic medical centers, was awarded a $500,000 grant designed to “help boost medical travel to the U.S.” Get the full story »
Ventas Inc. said Friday it is buying the real estate assets of Atria Senior Living Group for $1.5 billion in cash and stock, giving it a portfolio of 118 homes located in wealthy coastal regions.
The health care real estate investment trust is also assuming $1.6 billion in debt. Get the full story »
The big aircraft maker Boeing Co. says “cost pressures” from the new health care law are part of the reason it’s asking employees to pay more for their medical benefits next year.
In a letter mailed to employees late last week, Boeing said deductibles and copayments are going up significantly for some 90,000 nonunion workers.
Qiagen NV said Tuesday it will receive kits for a molecular test for HIV-1 in a deal with Abbott Laboratories. Financial details of the deal were not disclosed.
The American Medical Association has been sued for using a girl’s image without authorization and in a false light in a marketing campaign launched in 2007, aimed at motivating politicians to tackle the issue of Americans without health insurance.
One of AMA’s print advertisements featured a girl named “Toya.” The ad says that Toya has a “severe” problem but her parents can’t afford health insurance. The same picture of Toya was featured on the AMA’s web site under a section called “stories of the uninsured.”
A Cook County lawsuit filed Friday said that Toya is China Travis, a girl from the Chicago area who has done some modeling. Her mother, Angela Wonsey, claims the ad is misleading and defamatory because Travis does not have a severe health problem and both of them are not “uninsured.” Get the full story »
Only eight people will take part in the first known clinical trial testing the safety of embryonic stem cells in humans and each patient will go through a very stringent selection process, the lead researcher of the study said on Monday. Get the full story »
Cisco Systems Inc. launched a $599 home version of its TelePresence videoconference system as the network equipment maker seeks to expand in the consumer market. Get the full story »
The state’s largest health insurer and the area’s biggest medical-care provider have signed an agreement that holds doctors and hospitals more accountable for performance and quality service.
The three-year deal between Blue Cross and Blue Shield of Illinois and Advocate Health Care, which operates 10 hospitals in Illinois, calls for Advocate to limit rate increases it negotiates from the insurance company. In addition, Advocate doctors and hospitals are being asked to meet performance targets tied to improved quality, safety and efficiencies of the medical care provided to patients covered by Illinois Blue Cross HMO and preferred-provider organization products. Get the full story »
The parent companies of Delnor Hospital in Geneva and Central DuPage Hospital in Winfield said Tuesday they have signed an agreement to merge their operations in Chicago’s northwest suburbs.
The deal comes as the health care overhaul law is being implemented over the next four years, triggering a wave of consolidation of hospitals and doctor practices across the country. Get the full story »
Navigant Consulting Inc., a consulting firm that provides dispute resolution and financial and regulatory advice, said Monday it bought EthosPartners Healthcare Management Group Inc. for $37 million.
U.S. chief executives are becoming more confident about the economy, though many worry high employee health care costs and the possible end of Bush-era tax cuts for the wealthiest Americans could hurt businesses.
Vistage International, an organization for chief executives, said on Monday its confidence index edged up to 95.1 in the third quarter from 94.4 in the prior three months. The index is 12 percent above its year-earlier level of 84.9.
The survey, which was conducted between September 14-24 and covered about 1,800 CEOs of small-to-medium sized companies, found that 92 percent of the respondents expected health costs to rise as companies implement the healthcare reform plan, designed to provide insurance to 32 million Americans who don’t have coverage. Get the full story »
NorthShore University HealthSystem, which operates four hospitals in the north Chicago suburbs, said the dozen heart doctors from North Shore Cardiologists will join its medical group.
Effective in January, 12 North Shore Cardiologists will become a part of NorthShore Medical Group. “The clinical expertise of this group will be integrated with the superior technology of NorthShore, including our electronic medical record system and advanced imaging technology,” said Dr. Janardan Khandekar, chairman of NorthShore’s department of medicine. Get the full story »
