Health Care & Life Sciences Blog Posts

Indy patients love their doctors

July 14, 2014
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Indianapolis ranked fifth highest among the nation’s largest cities for the most positive reviews of physicians. On a five-point Patient Happiness Index, the average review by patients scored Indianapolis physicians at a 4.05. San Francisco physicians topped the list.
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Doctors' drug money

July 10, 2014
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Indiana physicians and research organizations reaped more than $25 million in payments from 15 pharmaceutical firms in 2012, according to the most recent data made available by the not-for-profit group ProPublica. Lilly was the biggest spender and the IU medical school was the biggest recipient.
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There will be blood

June 26, 2014
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A new study found that common blood tests performed by hospital-owned facilities in the Indianapolis area were six to nine times more expensive than the same tests at independent lab facilities. Ouch!
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A silver lining for Endocyte

May 2, 2014
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The news this morning couldn’t have been worse for Endocyte Inc. But if it had to come, the timing couldn’t have been better--because it allowed Endocyte to raise a pile of cash to spend on the other drugs in its pipeline.
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Lilly shares hit all-time high for the John Lechleiter era

April 7, 2014
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Court win last week in a patent challenge to lung cancer drug Alimta pushed Lilly shares higher than they've ever been since April 2007. Since then, the company’s pipeline has produced more misfires than the villains in a James Bond movie
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The Millionaire Doctors Club

April 4, 2014
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The scramble for physicians by hospitals in recent years has led to more than a dozen physicians cracking a million dollars in compensation—and three dozen receiving at least a half million dollars. Hospitals, meanwhile, are recording big losses on their physician practices.
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Do double-digit Obamacare rate hikes mean the law has failed? No, but ...

March 31, 2014
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For now, at least, the year-to-year price increases of individual insurance under Obamacare look a lot like they did before Obamacare. That’s not a failure, but it’s not a success either.
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Medic! Early signal shows hospital profits plunged in 2013

March 24, 2014
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Franciscan Alliance, always the first to report its year-end financial results, put out numbers that show a real decline in profit from operations of 58 percent.
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Top 10 most profitable hospitals around Indianapolis

March 20, 2014
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Based on 2012 data, 23 of 30 hospitals in central Indiana are generating profits from their operations of 10 percent or more. The Indiana Orthopaedic Hospital and St. Vincent's Carmel campus are on top. After that, there are a few surprises.
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Hospital layoffs hardly dented employment growth

March 3, 2014
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Even though the state’s three largest hospital systems--IU Health, St. Vincent Health and Franciscan Alliance--eliminated a combined 2,700 jobs, it created just a blip in the long-term run-up in hospital employment.
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Life sciences jobs pack 2-for-1 punch

February 24, 2014
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While life sciences companies don’t rack up huge jobs numbers, their relatively high pay means that every job they create is worth two in the rest of the private sector.
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Health care has priced itself out of its own market

November 18, 2013
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It’s no secret the growth of the U.S. economy slowed in the 2000s after the go-go decade preceding it. But the U.S. health care system—hospitals, doctors, drug companies, device makers and health insurers—apparently didn’t get that memo.
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The bill for Hoosiers’ excess health care spending: About $5 billion per year

November 11, 2013
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Hoosiers' poor health, combined with an aggressive health care system and an uncompetitive health insurance sector, means Hoosiers, in spite of the fact that they earn just 86 cents for every dollar earned by the average American, are spending nearly $1.13 on health care for every dollar spent by Americans.
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Finding where the money is in health care

October 14, 2013
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More than half of the $2.5 trillion consumers spend annually on health care in the United States flows to hospitals and doctors, with drug companies and health insurers trailing well behind.
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Shift from information scarcity to abundance will transform health care

October 9, 2013
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With payment reform and new technology, it's plausible that health care will shift from being a bricks and mortar business to an information business--bringing us higher quality and lower costs. That's exciting.
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Economic value of hospitals is not in jobs and revenue

October 7, 2013
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The real value of health care, pure and simple, is that it extends our productive lives. And that has a huge economic impact. Too bad Indiana's hospitals keep talking about something else.
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Overbuilt, overstaffed, top heavy, hospitals ripe for cuts

October 3, 2013
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Before this year's cuts, Indiana hospitals had added 12,000 jobs over the past six years, even as private employers across Indiana, collectively, added no net new workers.
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Want health reform? Change these 6 things all at once

September 30, 2013
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Meaningful health reform has proved so difficult because it requires simultaneous change across a massive system. Here's a post-Obamacare plan to do exactly that.
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OrthoIndy channeling Walmart in comeback bid

September 23, 2013
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The local orthopedic surgeons are presenting themselves as low-cost providers in an attempt to reverse growth restrictions imposed by Obamacare.
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Hey IU, someone has to pay for those health care jobs

September 18, 2013
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The IU researchers, as have many before them, approach health care jobs as if every one of them is an unmixed blessing to the Indiana economy. Employers and workers could have easily told them that's not the case.
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Top 10 blogs for the business of health care

September 16, 2013
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I follow these blogs to keep up on health care financing. Tell me what else I should be reading.
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Hospitals aren't bad guys; they're just business guys

September 9, 2013
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Even in the face of alarmingly high hospital prices, no one should conclude that hospitals are the bad guys in the health care system. Hospital executives are doing exactly what they’re supposed to be doing as the business leaders of their institutions.
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Which Indy hospitals do it right the first time?

August 29, 2013
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Medicare data show some county-owned hospitals around Indianapolis scored better than big-name hospitals like IU Health and Community.
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BioCrossroads drops dreams for hospital innovation

August 15, 2013
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In this age of austerity, there's almost no chance of Indianapolis hospitals creating a Cleveland Clinic-like hub of innovation.
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A dose of light reading

August 9, 2013
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Starting with this post, I’m going to periodically give you a peek at my reading list. I’ll highlight reports and reportage that I have found either helpful or provocative. I hope you do, too.
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  1. I had read earlier this spring that Noodles & Co was going to open in the Fishers Marketplace (which is SR 37 and 131st St, not 141st St, just FYI). Any word on that? Also, do you happen to know what is being built in Carmel at Pennsylvania and Old Meridian? May just be an office building but I'm not sure.

  2. I'm sorry, but you are flat out wrong. There are few tracks in the world with the history of IMS and probably NO OTHER as widely known and recognized. I don't care what you think about the stat of Indy Car racing, these are pretty hard things to dispute.

  3. Also wondering if there is an update on the Brockway Pub-Danny Boy restaurant/taproom that was planned for the village as well?

  4. Why does the majority get to trample on the rights of the minority? You do realize that banning gay marriage does not rid the world of gay people, right? They are still going to be around and they are still going to continue to exist. The best way to get it all out of the spotlight? LEGALIZE IT! If gay marriage is legal, they will get to stop trying to push for it and you will get to stop seeing it all over the news. Why do Christians get to decide what is moral?? Why do you get to push your religion on others? How would legalizing gay marriage expose their lifestyle to your children? By the way, their lifestyle is going to continue whether gay marriage is legalized or not. It's been legal in Canada for quite a while now and they seem to be doing just fine. What about actual rules handed down by God? What about not working on Sundays? What about obeying your parents? What about adultery? These are in the 10 Commandments, the most important of God's rules. Yet they are all perfectly legal. What about divorce? Only God is allowed to dissolve a marriage so why don't you work hard to get divorce banned? Why do you get to pick and choose the parts of the Bible you care about?

  5. Look at the bright side. With the new Lowe's call center, that means 1000 jobs at $10 bucks an hour. IMS has to be drooling over all that disposable income. If those employees can save all their extra money after bills, in five years they can go to the race LIVE. Can you say attendance boost?

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