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Drug maker Mallinckrodt plc (NYSE: MNK) said Monday that it and certain subsidiaries have filed for Chapter 11 bankruptcy in the U.S. as part of its previously announced restructuring deal with lenders that will cut some $1.9 billion in debt.

The local company has built up its life sciences unit in recent years through several blockbuster acquisitions.

Hungry Harvest's experience with hospitals positioned it to take advantage of health systems introducing produce programs once Medicaid brings in more government support, CEO Evan Lutz said.

A who's who of health care industry leaders and executives gathered on Aug. 24 to honor the 2023 Phoenix Business Journal Health Care Heroes. The awards event, held at the Heard Museum in midtown Phoenix, was presented by Blue Cross Blue Shield of Arizona.

Twenty-seven finalists in nine categories composed of physicians, nurses, educators, volunteers and other health care professionals, were celebrated at the event. There were 150 attendees who gathered first for breakfast and networking, followed…

So far this year, the San Francisco-based bank has shuttered eight Minnesota branches, with another scheduled to close in September.

From the start, SECU has been about its members: meeting their needs, preferences and expectations. As a member-owned financial cooperative, putting members first is the key to SECU’s success.

“A cooperative like our credit union is member-owned, and because it's member-owned, it's important for us to make sure that every decision that we make as board members and as staff keep members’ interests and concerns at the center of everything that we do,” said McKinley Wooten of the SECU Board…

The company will look to use the money to enter the pest control, roofing and storage industries.

Amerant Bank is staying true to its commitment to grow in the Houston market through its plans to open a seventh local branch and the recent hiring of a local leader for its private bank.

Thousands of workers were exposed to radiation and other toxic chemicals while working at companies including Bethlehem Steel, Carborundum Corp. and Hooker Electrochemical from the 1940s through the 1970s. A national company wants to help them get access to millions of dollars worth of federal medical benefits.

Florida’s Prescription Drug Reform Act has been heralded as the most comprehensive PBM reform ever introduced in the nation.