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Good Shepherd to manage rehab for CHOP

Allentown, PA – Good Shepherd Rehabilitation Network (GSRN) based in Allentown, Pennsylvania, and the Children’s Hospital of Philadelphia (CHOP) have signed a management contract whereby GSRN will manage all medical rehabilitation services provided to CHOP’s patients.

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Reading Hospital CEO stepping down

The Board of Directors of The Reading Hospital and Medical Center announced today that Scott R. Wolfe has decided to step down as President and Chief Executive Officer.rnIn making the announcement, C. Thomas Work, Chairman of the Board said he was delighted that Mr. Wolfe has agreed to remain at the Reading Hospital during the transition to new management.r

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OraSure reports $2.2 million loss for first quarter

BETHLEHEM, Pa., May 5, 2010 (GlobeNewswire via COMTEX) --OraSure Technologies, Inc. (Nasdaq:OSUR), a market leader in oral fluid diagnostics, today announced revenues of $17.9 million for the three months ended March 31, 2010, compared to $17.3 million recorded for the three months ended March 31, 2009.

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Sands lays off 80 workers

Sands Casino Resort Bethlehem President Robert DeSalvio has confirmed that 80 people were laid off April 30 at the South Side Bethlehem Casino.rnDeSalvio said the layoffs bring the casino’s workforce from 860 employees down to 780.r

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Fulton makes $230 million stock offering

LANCASTER, PA--(Marketwire - April 29, 2010) - Fulton Financial Corporation (NASDAQ: FULT) today announced that it has commenced an underwritten public offering of approximately $230 million of its common stock. Fulton intends to use the net proceeds of this offering, together with other funds, to redeem all of the Series A Preferred Stock that it issued to the U.S.

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