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Cardiac Science loses $18.5M in Q2

Replacing 24,000 automated external defibrillators (AEDs) used by emergency responders and certain medical facilities cost Cardiac Science Corp. $11 million in the second quarter, and the medical device company reported a total loss of $18.5 million, or a loss of 78 cents per share, for the quarter. (CSCX)

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  • With Sacramento County’s proposed plan to revamp outpatient mental health services on hold by court order, mental health advocates have released a plan of their own.

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  • The Advisory Board Co., a health care consulting and research company, reported higher earnings and revenue for its latest quarter. (ABCO)

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  • America Service Group (NASDAQ: ASGR) (ASGR)

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  • Chief Executive Robert Fruend Jr. and his Regional Health Commission got the good news they were hoping for Thursday: a $25 million annual lifeline for local health-care clinics that serve the region’s neediest patients.

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  • Hendersonville-based Dental Plus LLC, which does business as Distinctive Dentistry, filed for Chapter 11 bankruptcy protection on Wednesday.

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  • Seven universities and two research institutes in the Philadelphia area received 11 grants totaling $1.1 million as part of 27 grants totaling $2.5 million handed out by the state of Pennsylvania Thursday.

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  • Satellite Healthcare Inc. on Thursday named Dr. Brigitte Schiller chief medical officer.

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  • The sale of Bothell software company Vertafore to TPG Capital for $1.4 billion is complete.

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  • Alamance Regional Medical Center is partnering with the Burlington Royals for Breast Cancer Awareness Night. All breast cancer survivors will be honored on the field before the national anthem.

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