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Health Care & Insurance
Analyst: Arcadia sales poised to take off
August 4, 2010
J.K. WallArcadia Resources’ DailyMed business will grow revenue 10-fold in the next three years and push the Indianapolis-based
company into profitability, according to a research report by the first analyst to officially cover the company.
MoreCNO Financial profits surge 20 percent, beating expectations
August 3, 2010
J.K. WallThe Carmel-based life and health insurer earned $33.1 million in the three months ended June 30, or 12 cents per diluted share.
Excluding losses on investments and retired debt, the company would have earned 16 cents per share.
MoreWellness-based development would be first of kind here
August 3, 2010
Tom HartonSatori Pointe is being marketed as a campus where medical offices, fitness-oriented retailers and residents would co-exist.
MoreWellPoint, peers focus on health reform rules, campaign
August 3, 2010
Bloomberg NewsWellPoint Inc., UnitedHealth Group Inc. and three other health insurers, criticized by Democrats during the health care reform
debate, are seeking to influence how the new law will be implemented, and possibly change it, by campaigning for supportive
congressional candidates.
MoreSenator asks Zimmer for info about product complaints
July 31, 2010
Bloomberg NewsInquiry stemmed from an article in the New York Times about a dispute between the Warsaw-based maker of artificial
hip and knee joints and two of its consultants.
MoreLilly among bidders for Denmark company, source says
July 30, 2010
Bloomberg NewsCopenhagen-based health-care company Ascendis Pharma A/S received offers of about $400 million, an unidentified source said.
Ascendis may choose a final bidder by early September.
MoreHill-Rom raises profit forecast after quarterly earnings jump
July 29, 2010
J.K. WallThe Batesville-based maker of hospital beds and furniture announced Wednesday night that it earned $30.6 million in its third
quarter, up from $20.2 million in the same quarter of 2009.
MoreBaldwin profit falls on smaller investment returns
July 29, 2010
J.K. WallThe Indianapolis-based insurer of truck and car fleets earned $5 million in the quarter ended June 30, down from $14.2 million
in the same quarter a year ago.
MoreInvestors fear insurers' rosy outlook will boost regulators' scrutiny
July 29, 2010
Bloomberg NewsIndianapolis-based WellPoint Inc. became the third U.S. health insurer this month to increase its 2010 profit forecast, stirring
investor concern that state and federal regulators may increase scrutiny of industry pricing.
MoreExchanges sprout around the country
July 28, 2010
J.K. WallWhen the Indiana Health Information Exchange launched in 2004, it was one of nine truly operational exchanges around the country.
Today, the Indianapolis-based organization is one of 73, according to the latest national survey by the eHealth Initiative.
MoreWellPoint gains confidence as profits rise
July 28, 2010
J.K. WallThe Indianapolis-based health insurer raised its full-year profit forecast after it earned $722.4 million, 4 percent higher
than during the same quarter a year ago. Revenue and health plan membership fell.
MoreSurvey: Many hospital patients in dark about debt-relief options
July 26, 2010
J.K. WallMarion County survey finds 80 percent of respondents in debt to local hospitals, with about half saying they were never informed
about the availability
of charity care or payment plans.
MoreLilly completes $180 million acquisition of Alnara
July 21, 2010
Massachusetts-based Alnara Pharmaceuticals Inc. is a privately held company
developing an enzyme-replacement therapy for disorders of the pancreas.
MoreMedicare driving health care hookups
July 21, 2010
J.K. WallThe scramble by local hospitals to form their physicians and facilities into “clinically integrated” networks
that can do business with employers and health insurers has another huge motivating factor: Beginning January 2012, they can
also do business with Medicare, the massive federal program for seniors.
MoreHealth care reform means changes for Indiana employers
July 17, 2010
Norm Heikens, Scott Olson, J.K. WallNearly four months after President Barack Obama signed a health reform bill into law, businesses are still grappling with
its
impact on the health benefits they offer their employees.
MoreIndiana Medicaid chief: Feds leave states in dark
July 15, 2010
Associated PressIndiana and other states face a struggle as they grapple with putting the health care changes into place in a relatively short
span of time while they also contend with the economic downtown and strained state budgets.
MoreLilly reveals plans to cut 340 IT jobs
July 15, 2010
J.K. WallThe Indianapolis-based drugmaker eliminated 140 information technology jobs in June through retirements, resignations and
some cuts. Another 115
cuts will be made this month, and the remainder by the end of the year.
MoreHilbert mansion to be auctioned
July 14, 2010
Kathleen McLaughlinCNO Financial Group Inc. will resort to a sealed-bid auction to unload the lavish Hilbert mansion in Carmel, which has been
on the market for five years. Its latest asking price was $9.9 million.
MoreLilly, Roche dive deep into diagnostics
July 14, 2010
J.K. WallTwo Indianapolis giants—Eli Lilly and Co. and Roche Diagnostics—are working hard to pair up drugs and diagnostic
tests to gin up more sales.
MoreWellPoint strikes up chat on health reform
July 14, 2010
J.K. WallWellPoint Inc. is turning from opponent of the health care reform law passed in March to “trusted adviser.” It launched a website, healthychat.com, where company representatives answer customers’ questions about the new health reform law.
Lilly's Alzheimer's gamble takes aim at $10 billion in patent losses
July 13, 2010
Bloomberg NewsBoth of Lilly's late-stage treatments are designed to reduce plaque in the brain called beta amyloid, thought by researchers
to be a main contributor to Alzheimer's. A drug that stops or reduces memory loss caused by Alzheimer's may be worth more
than $5 billion
a year, an analyst says, helping Lilly overcome the coming patent losses on several important pharmaceuticals.
MoreLilly to cut 170 manufacturing jobs by year's end
July 12, 2010
J.K. WallEli Lilly and Co. will cut 170 jobs—mostly in Indianapolis—from its manufacturing and quality division by the
end of the year as it continues its efforts to slim down before losing revenue from patent expirations on its bestselling
drugs.
MoreHospitals see dip in charity care after 2008
July 10, 2010
J.K. WallUnemployment in Indiana has moderated slightly, but more than 313,000 Hoosiers remain out of work. And with attempts to extend
benefits for the jobless stalled in Congress, it’s likely more people will struggle to pay medical bills.
MorePROXY CORNER: Baldwin & Lyons Inc.
July 10, 2010
IBJ StaffBaldwin & Lyons Inc. provides property-and-casualty insurance for various industries, including trucking.
MoreRegenstrief names new CEO
July 8, 2010
J.K. WallDr. Bill Tierney will replace Dr. Tom Inui on Oct. 1 at helm of Indianapolis-based medical research organization.
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It's also across the street from Fogo de Chao and Morton's....
Yep, the haters are trying to make good news bad. I guess it is hard to get people to believe the series is dying when they are gaining new sponsors.
David Copperfield! I remember watching his specials on TV when I was little.
Don't forget this is next to an MMA gym, a pawn shop, and some abandoned spaces.
Good project for Zionsville - A group who has owned the property for many years has waited and worked patiently to bring highest and best use development to a major corridor, and mix that in with the great downtown you have. Win Win. All the Best to Pittman Partners and Zionsville.