PSBJ Interview: Karen Lee helps people with troubled pasts rebuild lives
This winter, Pioneer Human Services CEO Karen Lee made an acquisition, hired a new CFO and launched a new construction business. Pioneer is also a little known player in the region's aerospace world: its Pioneer Industries unit made more than 2 million parts for Boeing airplanes plants last year.
Sutter-Aetna venture brings Stanford into the fold
Sutter Health’s new health plan joint venture with Aetna Inc. is adding Stanford Health Care providers to its lineup.
The Sutter Health | Aetna joint venture launched at the end of the third quarter last year to offer self-insured preferred provider organization health plans to companies. Sacramento-based health system Sutter and Hartford, Connecticut-based health insurer Aetna each own 50 percent of the venture.
The recent addition of Stanford Health will see more than 1,500 specialists and…
Oregon House weighs legislation to set minimum employer health care spending
HB 2269 is part of Gov. Kate Brown’s Medicaid funding package.
Raquel Sanchez: Diversity matters when it comes to cancer research
Understanding your privilege and owing it will help us foster better and more diverse work environments.
General Assembly gives final passage to renewal of hospital ‘bed tax’
Legislation backed by Gov. Brian Kemp aimed at keeping revenue flowing to Georgia's Medicaid program gained final passage in the General Assembly Friday.
The state Senate voted 50-2 to renew through June 2025 a “bed” tax on Georgia hospitals first imposed in 2010.
The tax generates more than $300 million a year in state funds. Combined with a federal match of more than $600 million, it produces almost $1 billion in revenue annually for Medicaid, which was threatening to blow a major hole in the…
Relenting to investor pressure, Scottsdale health care company agrees to board changes
A New York hedge fund has forced its way onto the board of Magellan Health, with four of its directors to be added.
By the numbers: Precision Biosciences’ largest shareholders
For some Precision Biosciences executives and investors, optimism is in the air.
Precision (Nasdaq: DTIL) made its debut on the Nasdaq stock exchange, trading 9 percent over the initial offering price of $16 on the first day of trading.
On Friday afternoon, the company's stock hovered around $17.55 a share, slightly up from the day before.
That’s good news for some of its executives and major stockholders, who are hoping for a northbound journey of the stock in the coming weeks.
The company’s…
Stoughton lender opens four new offices after cutting costs
The locations are in Central and Western Massachusetts, outside of Envision Bank's traditional footprint.
Nusenda Credit Union names interim CEO
Nusenda Credit Union has named longtime employee Joe Christian as interim CEO, effective immediately.
CEO Terry Laudick resigned to “spend time with family,” said Christian, without providing further details. Laudick has been CEO of the credit union since 2000, according to Nusenda.
Nusenda employees were told Friday morning about the leadership change. Christian said the credit union, which is overseen by its board of directors, has had a transition plan for its leadership for “decades.”
Christian…
Tampa’s Weatherford Capital portfolio company gets $100M investment
PayIt, a portfolio company of Tampa’s Weatherford Capital, has received a more than $100 million investment that will allow it to continue expanding its footprint and product capabilities.
InSight Partners, a New York-based venture capital and private equity firm, had previously invested in PayIt in 2016.
PayIt, based in Kansas City, has a platform that lets users pay for state and local services such as the Department of Motor Vehicles, permits and licensing, turnpike passes, income tax, traffic…