Healthcare
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Safeguard, Trice Medical Pair Up To Launch New Medical Device
WAYNE, PA – A partnership between Chester County companies is aiming to launch a new medical device that will figure out what the heck you did to your knee on the very first visit to the doctor. Safeguard Scientifics in Wayne is the leading investor in a new $11.6 million round of funding for Trice…
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Trice Medical Receives Financing For Pioneering Arthroscopic Device
Trice Medical, a King of Prussia company working to improve micro diagnostic arthroscopy technologies to be used right in physicians’ offices, has just completed an $11.6 million Series B financing deal led by Safeguard Scientifics of Wayne. BioStar Ventures also invested in the financing deal, which will help Trice Medical commercialize its trademarked mi-eye, a…
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Three Genesis Healthcare Centers Win Achievement Awards
Genesis HealthCare of Kennett Square is getting some much deserved national recognition for improving quality care for seniors and individuals with disabilities. Three Genesis centers received the Silver – Achievement in Quality Award presented by the American Health Care Association and the National Center for Assisted Living (AHCA/NCAL). The program honors facilities that have demonstrated their commitment…
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Intact Vascular, Two Other Chesco Firms Shuffle CEOs
Three Chester County medical device firm leaders have recently engaged in a game of musical chairs, swapping CEOs locally. The long-time CEO of Malvern’s Neuronetics, Bruce Shook, has moved on to nearby Intact Vascular of Wayne, which sought to fill a vacancy created by CEO Carol Burns’ relocation to another Wayne medical company, Cagent Vascular,…
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HMP Communications ‘Today’s Wound Clinic’ Receives APEX Award
Wound clinics around the country are working daily to save lives, and Malvern-based HMP Communications Holdings, LLC is working hard to tell their stories. HMP, a leader in healthcare communications and education, tells us their journal, Today’s Wound Clinic has received an APEX award in the “One-of-a-Kind Health & Medical Publications” category for the “Facility in…
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Community Dental And Chespenn Health Merge In Coatesville
What health care professionals are touting as “the leading edge of community health care” just might be a good thing for Coatesville residents. Chester County Community Dental and ChesPenn Health Services Center for Family Health have consolidated their practices into one office at Family Health in Coatesville, 744 E. Lincoln Highway. Community Dental Executive Director…
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DePuy Synthes Unclear About How Many Jobs Cut Are Local
Johnson & Johnson has slashed its West Chester-based DePuy Synthes medical device manufacturer by 400 jobs in a global restructuring effort, but the company didn’t specify how many of those positions are local. The shakeup is also expected to generate 80 new positions for the maker of spine and bone repair products. All changes are…
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Sharp Rise Hints At CardioNet Stock Reversal
A surge in trading of CardioNet stock on Tuesday could signify a positive trend reversal for the Malvern ECG monitoring and response service, according to a SmarTrend report. The company’s share price ascended 6.7 percent to $7.65 after 490,000 shares changed hands during the day. That stands in stark contrast to past performance, where shares…
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Phila. Archdiocese Sells Seven Nursing Facilities, Two In Downingtown
The Archdiocese of Philadelphia announced June 30 it has sold six nursing homes and one assisted living facility – including two in Chester County – to Center Management Group. CMG, headquartered in Flushing, N.Y., will pay $145 million for the facilities, which were managed by Catholic Health Care Services. The proceeds will help the Archdiocese…
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New Outpatient Hospital To Fill Unmet Southern Tier Needs
Construction has begun on a new 72,000-square-foot outpatient health care facility by Anchor Health Properties that will soon fill unmet needs for more physicians in the southern part of the county, according to a recent Commercial Property Executive report. Dubbed Penn Medicine Southern Chester County, the facility will feature the services of Chester County Hospital…
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Bronze Quality Awards Go To 24 Genesis HealthCare Facilities
Genesis HealthCare based in Kennett Square announced 24 of its skilled nursing and rehabilitation centers in other states have been given Bronze National Quality Awards from the American Health Care Association and National Center for Assisted Living. The awards honor facilities that have demonstrated their commitment to improving quality care for seniors and individuals with…
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Washington Post Ranks AmerisourceBergen #1 In Pennsylvania
Last week when we noted AmerisourceBergen’s status as not just the only Chester County company included on Fortune Magazine’s Fortune 500 list, but the largest Delaware Valley firm included on the annual ranking, we failed to note the Chesterbrook company also happens to be the largest company to make the prestigious list in Pennsylvania as…
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DSM Biomedical Leverages 2012 Kensey Nash Acquisition
From DSM’s perspective, the acquisition of biomaterial components manufacturer Kensey Nash of Exton in 2012 was an important step in realizing the Netherland-based company’s ambition to build strong positions in bio-passive, bio-active and bio-interactive materials. Kensey Nash, a pioneer in developing, manufacturing and selling medical device parts used in cardiology, orthopaedic, sports medicine, spinal and…
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Chester County Hospital Wins Two Awards
The staff of Chester County Hospital have been recognized with two prestigious awards. First, the hospital was one of only 74 U.S. health care facilities given the 2013 Outstanding Achievement Award by the American College of Surgeons‘ (ACS) Commission on Cancer (CoC). The national honor acknowledges cancer programs that achieve excellence in providing quality care…
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Endo Of Malvern Begins Medical Pelvic Organ Prolapse Study
Endo International of Malvern and American Medical Systems Inc. have announced they have enrolled their first patient in Embrace, a study focused on treating pelvic organ prolapse. The FDA requires that all manufacturers of transvaginal mesh products conduct a post market surveillance study to determine the risks compared to the benefits of this approach to treating…
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Main Line Health Names New VP Of Payor Strategies
Main Line Health, which manages Paoli Hospital and Bryn Mawr Rehab in Chester County, has named Howard Cutler vice president of Payor Strategies, effective June 23. Cutler most recently was assistant vice president for Managed Care at Tenet Healthcare Corporation in Philadelphia. At MLH, Cutler will strategically lead all of the not-for-profit health care system’s…
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NJ Hospital Selects Inte-Health Patient Portal
The Raritan Bay Medical Center in New Jersey is the latest hospital to select Malvern-based InteHealth’s Patient Portal. Inte-Health, founded in 1997, specializes in cloud-based healthcare integration systems, with portals for patients and physicians. “We were impressed with InteHealth’s flexibility and predictability throughout the entire process,” said Jo Ann Ferrara, director of health information at…
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Johnson & Johnson Plans More Than 30 New Products
Johnson & Johnson has announced plans to expand its medical devises and diagnostics business with more than 30 new products, new business models and by focusing on fast-growing emerging markets. DePuy Synthes Companies, J&J’s orthopaedics business with an office in West Chester, has announced three new products: • The GLOBAL® UNITE® Anatomic Shoulder System (above)…
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