Homeward Health developing a frailty tool, better assess at-risk patients
It will measure a patient's gait and gestures.
Rocket Ventures looks to invest $8M in startups this year
Northwest Ohio venture and business development group Rocket Ventures is looking to invest about $8 million in early stage companies this year. The majority of those investment dollars are expected to go to startups in two industries -- bioscience and alternative energy.
St. Luke’s Hospital joins ProMedica Health System
The Toledo area lost its last independent hospital as St. Luke’s Hospital of Maumee joined ProMedica Health System. Official talks between the two parties stretched for four months, the Toledo Blade reported, and culminated with an agreement for St. Luke’s to join ProMedica sometime this summer, according to a joint statement. St. Luke’s had struggled […]
U of Toledo, ProMedica Health establish academic partnership
The University of Toledo and ProMedica Health System have forged a partnership in which the university will oversee and manage all academic endeavors across the health system. The two organizations will collaborate on research and residency programs, according to a joint statement. The University will also provide administrative assistance in helping facilitate clinical research conducted […]
Toledo’s Health Care REIT made gross investments of $717M last year
Health care real estate firm Health Care REIT made gross investments of $717 million in 2009, down about 41 percent from the prior year.
Ohio’s NAMSA acquires Minnesota clinical research firm
The acquired firm, Alquest Inc., will maintain its name, staff and Minneapolis location.
A Deep-dive Into Specialty Pharma
A specialty drug is a class of prescription medications used to treat complex, chronic or rare medical conditions. Although this classification was originally intended to define the treatment of rare, also termed “orphan” diseases, affecting fewer than 200,000 people in the US, more recently, specialty drugs have emerged as the cornerstone of treatment for chronic and complex diseases such as cancer, autoimmune conditions, diabetes, hepatitis C, and HIV/AIDS.
Health Care REIT alters guidance after stock sale
The company now expects funds from operations in a range of $3.07 to $3.14 per diluted share, down down its previously expected $3.09 to $3.16 per share. It now predicts profits between $1.75 to $1.82 per share, down from $1.81 to $1.88 per share. Toledo-based Health Care REIT invests in health-care and senior housing and offers property management services.