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Health Care & Insurance
IU study: Money matters to docs
March 24, 2010
J.K. WallThink doctors and hospitals aren’t influenced by money? Think again. Patients seen at private facilities reimbursed by Medicare were 5.5 times more likely to receive routine cataract surgery than patients at poorly funded Veterans Affairs facilities.
Obama signs historic $938 billion health care overhaul
March 23, 2010
Associated PressAttorneys general from 13 states filed suit to stop the overhaul just minutes after the bill signing, contending the law is
unconstitutional. Other state attorneys general may join the lawsuit later or sue separately.
MoreAriad loses $65M patent appeal against Eli Lilly
March 22, 2010
Bloomberg NewsMonday's decision throws out a $65.2 million patent-infringement verdict won by Ariad for royalties on Lilly's osteoporosis
drug Evista and sepsis medicine Xigris.
MoreState attorney general looks to challenge health care bill
March 22, 2010
Associated PressAttorneys general in at least 13 states have signaled they intend to challenge the constitutionality of the legislation in
court.
MoreBill kicks off years of change for local health care players
March 22, 2010
J.K. WallSweeping changes phase in slowly for most, but insurers, hospitals, drug companies, employers, workers, medical device makers
and more will eventually feel impact.
MoreReform offers risk, opportunities for Lilly, WellPoint
March 22, 2010
IBJ Staff and Bloomberg NewsDrugmakers and insurers could gain millions of customers under the legislation, but the industry also will pay new fees and
face stricter rules that may shrink profit and fuel mergers.
MoreCongress passes historic health care bill
March 21, 2010
Associated PressTo pay for the changes, the legislation includes more than $400 billion in higher taxes over a decade, roughly half of it
from a new Medicare payroll tax on individuals with incomes over $200,000 and couples over $250,000.
MoreSimon Property Group adds Glasscock to board
March 18, 2010
IBJ Staff and Associated PressFormer WellPoint Inc. leader Larry Glasscock has joined the board of directors of the Indianapolis-based real estate giant.
MoreDeadline passes with no bids to buy Winona
March 17, 2010
The city of Indianapolis, which had listed the property for $667,500, had hoped to sell it the former hospital for redevelopment.
MoreLilly sues to block generic of Adcirca lung treatment
March 17, 2010
Bloomberg NewsNetherlands-based Synthon Pharmaceuticals is seeking U.S. Food and Drug Administration approval to sell a copy of the medicine.
MoreIU incubator attracts East Coast biotech startup
March 17, 2010
IBJ StaffCompanion Diagnostics Inc. moves from Connecticut to the IU Emerging Technologies Center, hopes to create 30 high-paying jobs
by 2014.
MoreWellPoint expects loss of 400,000 insured members this year
March 17, 2010
IBJ Staff and Bloomberg NewsIndianapolis-based health insurer expects revenue, profit to fall as persistently high unemployment reduces employer-sponsored
insurance enrollment.
MoreIndiana health groups dial back lobbying
March 17, 2010
J.K. WallIndiana health-related companies were somewhat absent from the lobbying bonanza that gripped Washington, D.C., in 2009. For
all the heat and light about health reform, major Indiana companies actually spent slightly less to lobby Congress.
MoreWishard debt $80M below 'best' scenario
March 17, 2010
J.K. WallHistorically low bond rates will help the parent corporation of Wishard Health Services build hospital for less money
than expected.
MoreSt. Francis acquires orthopedic surgery practice
March 16, 2010
J.K. WallSt. Francis Hospital & Health Centers has acquired Joint Replacement Surgeons of Indiana, a six-doctor practice that
operates in St. Francis' Mooresville hospital.
MoreLilly victim of theft from Connecticut warehouse
March 16, 2010
IBJ Staff and Associated PressPharmaceuticals stolen Sunday morning could be worth up to $75 million.
MoreLilly pays $50M-plus for rights to testosterone lotion
March 16, 2010
Bloomberg NewsIndianapolis-based Lilly will pay Acrux of West Melbourne, Australia, a $50 million license fee, plus $3 million when manufacturing
assets are transferred, but the deal could be worth millions more.
MoreWellPoint affiliate ordered to pay $206K for transplant
March 16, 2010
Associated PressBlue Cross of California has been ordered to reimburse a man $206,000 after he paid for his own liver transplant.
MoreCommunity Health Network Foundation names new CEO
March 15, 2010
IBJ StaffMichele Thomas Dole has been a wealth adviser at JP Morgan Chase and development director of the IU Foundation.
MoreChances of health reform passage soar
March 10, 2010
J.K. WallBy pounding health insurers such as WellPoint Inc., President Obama has greatly boosted his chances of success in the eyes
of Wall Street. But to make his health reform bill reality, he might need to answer the less-than-reassuring news coming from
Massachusetts.
MoreDoctors fighting insurers with data
March 10, 2010
J.K. WallThe Indianapolis Medical Society hopes an online database that compares one doctor's reimbursement rates against market
averages helps its members negotiate with health plans.
MoreHealth care software firm raises $1.15 million
March 9, 2010
J.K. WallIndianapolis-based PolicyStat LLC raised $1.15 million in angel capital from 31 individuals and Halo Capital Group.
MoreIndiana closer to eliminating anti-smoking agency
March 9, 2010
IBJ Staff and Associated PressThe plan approved by the Republican-controlled Senate would transfer the duties of the Tobacco Use Prevention and Cessation
board to the State Department of Health.
MoreWellPoint may be anti-competitive, Connecticut AG says
March 8, 2010
IBJ Staff and Bloomberg NewsWellPoint Inc.'s Anthem Blue Cross & Blue Shield of Connecticut may constrain competition through contracts that require
that the insurer receives hospital discounts at least as favorable as any provided to a competitor.
MoreEli Lilly to buy European rights to Pfizer animal products
March 8, 2010
Scott OlsonThe acquisition will benefit Elanco, Lilly's animal health division in Greenfield, which has become increasingly important
to Lilly as it braces for patent-protection losses.
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Saw the Indy Men's Chorus "Music of Gilbert & Sullivan" at the Indiana Historical Society on Sunday evening.
Temporary workers are not "tools" they are people and companies that keep large amounts of temp staff are cheating.
I miss having them around. I hope one of their stores is in the general Meridian/86th Street area. I will make good use of it.
The Fringe! Plus, the simple fact that there are so many local faves in such close proximity to each other.
I remenber, watching the toll road, being built, through South Bend, when I was 10 years old. I believe, back then that it was estimated, that the toll road, would be paid for in 20 years and then it would be free. I am now 71, what happened? Since the power is in the people, by that, I mean that, we the people are in total control of everything. I, suggest that no one ever use the toll road again, let it go broke. We the people can control the price of everything, from groceries to gas, if we would just do it. If we don't pay the asking price, the sellers will lower the price and if we wait awhile, they will lower the price to what we accept as reasonable. I would like to know why a highway like interstate 94, is so well maintained, a much better highway, than the toll road, but has no tolls. I would also like to know why, a sitting governor, with a term limit, maximum of eight years, can lease, public property, for 75 years. Even though I have transponders in both of my trucks and will not be affected by the increase, I have been and will contine to avoid using the toll road. I make many trips from northern Indiana to Chicago, every year, and I prefer the better highway, I94!