Health Care & Life Sciences

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Eli Lilly making renewed push in biotech field, where it once pioneered

August 16, 2014
Lilly expects to soon announce late-stage clinical trial results for two biotech drugs designed to slow the inflammation caused by autoimmune diseases. By the end of the year, it will announce results for a third.More.

Franciscan cuts its way to higher profits

August 25, 2014
Franciscan Alliance, which operates three hospitals in the Indianapolis area, is seeing fewer patients this year but is making more money due to expense cuts.More.

Mainstreet torques up expansion ambitions

August 23, 2014
Mainstreet Property Group, already the fastest-growing company in the Indianapolis area, now has the fuel it needs to nearly triple its pace of construction of senior care facilities around the country.More.

Health commissioner resigns for personal reasons

August 22, 2014
Dr. William VanNess said Friday he plans to stay on the job until Gov. Pence finds a replacement, saying he likely will stay on until early October.More.

Blogs

 

In Depth Report

BioCrossroads has stoked state's life sciences industry, but challenges remainRestricted Content

In the 10 years BioCrossroads has been promoting life sciences in Indiana, the effort has netted more than 330 new companies, an infusion of more than $330 million in venture capital, a tripling of exports, and a growing number of mentions in national reports on life sciences.More.

SPECIAL REPORT: Indiana companies charge into China

With economic growth in the United States sluggish, Indiana companies are joining the race to capitalize on the fast-growing Chinese economy—even as hundreds of millions of Chinese move into the middle class and adopt a Western-style thirst for goods and services.More.

Hospitals suffer from spiking bond interest rates, investment lossesRestricted Content

Indianapolis-area hospitals have suffered a double whammy of spiking interest rates on their bonds and heavy losses in their investment portfolios and are trying to save cash any way they can.More.

In Depth Reports

 
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  1. JK, Thanks for your comments. I suppose your question of whether or not a more expensive but potentially better MRI quality is worth it depends upon whom you ask. If a radiologist misses a significant problem because of imaging quality issues, then maybe the extra cost would have been worth it. That is something a patient has to decide for him/herself. That being said, I too want more fair and competitive pricing and transparency from hospitals!

  2. I worked for Community Health Network and the reason that senior leadership left is because they were not in agreement with the way the hospital was being ran, how employees were being treated, and most of all how the focus on patient care was nothing more than a poster to stand behind. Hiring these analyst to come out and tell people who have done the job for years that it is all being done wrong now...hint, hint, get rid of employees by calling it "restructuring" is a cheap and easy way out of taking ownership. Indiana is an "at-will" state, so there doesn't have to be a "reason" for dismissal of employment. I have seen former employees that went through this process lose their homes, cars, faith...it is very disturbing. The patient's as well have seen less than disireable care. It all comes full circle.

  3. Also, on your second point, you are correct that Anthem has played hardball for years with physician groups. I should have been more precise and said "hospital systems" instead of "health care providers." Because Anthem has not forced the hospital systems down on price; it has never been willing to go to employers with one hospital system out of its network, so it has always had to, in the end, go along with hospitals' hefty price increases. I was not more specific in my word choice because the lion's share of physicians are now employees of the hospital systems, so the difference in negotiating tactics is less relevant than it used to be. I hope that makes sense.

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