Taking the Pulse
Carondelet Health sells hospitals to Prime Healthcare Services
Kansas City-based Carondelet Health, part of the Ascension Health hospital network, finalized the details of a deal reached in July to sell two of its hospitals to Prime Healthcare Services in California pending regulatory approval. The agreement calls for St. Joseph Medical Center in Kansas City and St. Mary’s Medical Center in Blue Springs to transfer to Prime, totaling 450 hospital beds and about 900 physicians. There is no official word whether the foundations associated with each hospital also changed hands.
This is Prime’s second recent deal in the Kansas City area (and first on the Missouri side) following its purchase of Providence Medical Center in Kansas City, Kan., and Saint John Hospital in Leavenworth, Kan., from the Sisters of Charity of Leavenworth Health System. That purchase triggered a pair of lawsuits regarding withholding of payments to the Sisters of Charity as well as not providing severance to released employees.
Sixteen health care companies among 70 pitching at Startup Connection
The lineup of St. Louis-based companies making pitches at this year’s Startup Connection totals 70, and 16 health-care-related businesses will be among those vying for attention and prizes in the Venture Showcase. The event, put on by investment organizations including Arch Grants, Cortex, Cultivation Capital and ITEN, will provide winners with more than $150,000 in prizes. This year’s Startup Connection will take place Nov. 19 at the Busch Student Center at St. Louis University. Here are the health care startups that will be pitching:
- BenMedica uses software-as-a-service web tools to help patients, doctors and pharmacists alike with specific information on benefit coverage.
- EternoGen LLC makes a self-described “liquid tissue in a syringe” that restores the body’s lost collagen to strengthen the skin.
- HealthyMe Mobile Solutions uses an SMS texting system for discharged hospital patients to help them stick to treatment regimens and monitor symptoms.
- Hey Let’s Train offers a digital version of at-home physical therapy training and monitoring for rehabilitation and chiropractic patients.
- HIPAAtrek acts as a guide to compliance with the Health Insurance Portability and Accountability Act (HIPAA) for health care organizations.
- Immunophotonics is working on the cancer vaccine inCVAX.
- Jolt makes impact sensors for athletes to track head impacts as they happen.
- LipoSpectrum performs lipid tests in blood samples to find biomarkers that can lead to cancer and cardiovascular disease.
- MagBiosense is developing a device to help diagnose heart attack patients before they reach the hospital.
- Mediprocity provides HIPAA-compliant text messaging for secure communication.
- MOgeneDx is a genomics lab developing a commercially available HIV genotyping test to help in choosing drugs for patients.
- Nanopore Diagnostics is working on expediting the identification of pathogens in the body so antibiotic decisions can be made the same day.
- PIXI Medical helps patients monitor their use of prescription drugs.
- SmartCare Consultants uses a network of wireless devices in seniors’ homes to monitor and find patterns in their daily movements and alerts caregivers if those movements are unusual enough to cause alarm.
- Sparo Labs is developing personalized asthma management using real-time data.
- Talariant is a foam-based antisepsis to help disinfect skin before surgery faster and easier.
Shots in the Arm
The St. Louis Regional Business Council announced this year’s 30 grant recipients from the It’s Our Region Fund. The fund gives out grants ranging from $1,000 to $10,000 for one-time improvement projects and covers a wide variety of businesses, among them several health care-related organizations. Among this year’s recipients in that field are the St. Martin’s Child Center, Central Institute for the Deaf, the Crown Center for Senior Living, Lift for Life Gym, NextStep for Life, Nurses for Newborns, Our Little Haven and St. Louis Crisis Nursery.
Quote of the Week
“The people that take care of me deserve a living wage. They don’t get what they deserve, in my opinion.”
—Kyle Auxier, a St. James man with Duchenne muscular dystrophy, on the state of Missouri home health care attendants’ fight for an $11 minimum wage. Auxier receives five hours of at-home care a day from attendants such as those who recently reached a tentative agreement on a higher minimum wage. The union representing the attendants had said wages weren’t enough to retain employees.
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