Health Care & Insurance

Prescription drug abuse growing problem in Indiana

May 16, 2011
Associated Press
Prescription drugs are playing an increasing role in the drug-related crimes that are filling up Indiana's prisons, prison officials and prosecutors said.
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Zimmer faces new threat to dominance

May 16, 2011
J.K. Wall
Warsaw-based Zimmer Holdings Inc. has enjoyed eight years as the giant in the industry of selling knee- and hip-replacement implants to hospitals. But now it faces a challenge from Johnson & Johnson.
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VCs: Health benefits will be defined contribution

May 16, 2011
J.K. Wall
Increasing government involvement in the health insurance market will have the counter-intuitive effect of making the industry more consumer-driven, concludes a new report from a health care venture-capital firm.
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Amylin sues Lilly over drug development deal

May 16, 2011
Associated Press
Amylin Pharmaceuticals Inc. said Monday it filed a lawsuit against Eli Lilly and Co., accusing the larger drugmaker of breaking their commercialization deal for diabetes drugs by teaming with the German company Boehringer Ingelheim to develop and sell a competing product.
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BISHOP: Warsaw's orthopedics whizzes will master biologicsRestricted Content

May 14, 2011
Industry cluster in northern Indiana has adapted to every other change in health care, and will absorb tissue regeneration, too.
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Reform could create more 'boutique' doctors

May 14, 2011
J.K. Wall
Health reform could accelerate trend toward two tiers of care, with concierge services like Dr. Matt Priddy offers at the top and long waits and minimal attention at the bottom.
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Eli Lilly's slumbering stock finally shows signs of lifeRestricted Content

May 14, 2011
Greg Andrews
Is it finally time to get some growth again out of a stock that since its debut on the public market 59 years ago has minted thousands of millionaires?
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Health care providers opening to technologyRestricted Content

May 14, 2011
Katie Maurer
Some health care system are finally allowing online scheduling.
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MANTOOTH: Companies bogged down by employees' poor healthRestricted Content

May 14, 2011
The problem is, too many people make unhealthy choices and the consequences of these choices become everyone’s problem.
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Financial strength ratings of OneAmerica subsidiaries climb even higher

May 14, 2011
 IBJ Staff
Indianapolis-based firm avoided investment losses suffered by peers during last recession.
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Northwest-side medical building facing foreclosure

May 12, 2011
The operator of the building at 8424 Naab Road near St. Vincent Hospital is accused of owing an Illinois investment firm $4 million.
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Lilly drug to detect Alzheimer’s criticized by consumer group

May 11, 2011
Bloomberg News
Eli Lilly and Co.’s Amyvid, an experimental imaging agent to detect signs of Alzheimer’s disease in the brain, shouldn’t be approved because of unreliable study results, a consumer-advocacy group said.
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Two wins to bring Lilly modest sales

May 9, 2011
J.K. Wall
Finally, some new revenue. Eli Lilly and Co. will enjoy modest new sales later this year after U.S. regulators approved a new diabetes drug developed by a partner company, and another company nears approval on a drug that will produce royalties for the Indianapolis-based drugmaker.
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Firms' faith in stock buybacks not always well-placedRestricted Content

May 7, 2011
Greg Andrews
The ultimate test of whether buybacks are good deals for shareholders hinges on whether the price paid for the stock proves over time to have been a bargain or inflated.
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Medical device manufacturer seeks abatement

May 5, 2011
Indianapolis-based Medivative Technologies plans to build a 9,000-square-foot addition to its east-side facility and spend $2.5 million to equip it. The expansion should create 15 jobs.
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Disasters sink Baldwin & Lyons quarterly results

May 5, 2011
 IBJ Staff
Earthquakes and flooding took a toll on Baldwin & Lyons Inc.’s first quarter results, the Indianapolis-based insurer announced Thursday morning.
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CNO Financial's first-quarter profits surge 59 percent

May 2, 2011
J.K. Wall
The Carmel-based life and health insurer earned $54 million, or 19 cents per share, topping the expectations of Wall Street analysts.
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FDA OKs new diabetes pill from Lilly, Boehringer

May 2, 2011
 IBJ Staff and Associated Press
The Food and Drug Administration says it has approved a new diabetes pill from Boehringer Ingelheim and Eli Lilly for patients who can't control their blood sugar with older medicines.
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Fee could feed $100M to hospitals

May 2, 2011
J.K. Wall
Indiana hospitals could pull in more than $100 million a year from the federal government under a new assessment fee included in the state’s 2011 budget bill.
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Economist: Expect boom in medical offices

May 2, 2011
J.K. Wall
Demand for medical office buildings is set to grow twice as fast as it was expected to in the next decade, thanks to the Patient Protection and Affordable Care Act.
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St. Vincent settles class-action debt-collection case

May 2, 2011
The hospital paid $31,500 to settle a class-action lawsuit brought by a patient who claimed St. Vincent used a debt collector that was not licensed in Indiana.
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Daniels to sign bill defunding Planned Parenthood

April 29, 2011
Associated Press
Republican Gov. Mitch Daniels said Friday he will sign restrictive abortion legislation and make Indiana the first state to cut off all government funding for Planned Parenthood, a move likely to boost his credentials among social conservatives as he considers whether to run for president.
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Dow AgroSciences reports record revenue

April 28, 2011
 IBJ Staff
Indianapolis-based Dow AgroSciences on Thursday reported sales of $1.6 billion in its first quarter, up 17 percent from the same period last year due to higher volume and increased prices.
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Indiana poised to cut Planned Parenthood funding

April 27, 2011
Associated Press
The Indiana House voted 66-32 Wednesday to approve a bill cutting the $3 million in federal money the state distributes to the organization for family planning and health programs. The Senate approved the measure earlier this month.
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WellPoint profit continues health insurance rally

April 27, 2011
J.K. Wall
Indianapolis-based WellPoint Inc. is the third health insurer in the past week to beat analysts' predictions by a huge margin and raise its full-year forecast.
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  1. How much you wanna bet, that 70% of the jobs created there (after construction) are minimum wage? And Harvey is correct, the vast majority of residents in this project will drive to their jobs, and to think otherwise, is like Harvey says, a pipe dream. Someone working at a restaurant or retail store will not be able to afford living there. What ever happened to people who wanted to build buildings, paying for it themselves? Not a fan of these tax deals.

  2. Uh, no GeorgeP. The project is supposed to bring on 1,000 jobs and those people along with the people that will be living in the new residential will be driving to their jobs. The walkable stuff is a pipe dream. Besides, walkable is defined as having all daily necessities within 1/2 mile. That's not the case here. Never will be.

  3. Brad is on to something there. The merger of the Formula E and IndyCar Series would give IndyCar access to International markets and Formula E access the Indianapolis 500, not to mention some other events in the USA. Maybe after 2016 but before the new Dallara is rolled out for 2018. This give IndyCar two more seasons to run the DW12 and Formula E to get charged up, pun intended. Then shock the racing world, pun intended, but making the 101st Indianapolis 500 a stellar, groundbreaking event: The first all-electric Indy 500, and use that platform to promote the future of the sport.

  4. No, HarveyF, the exact opposite. Greater density and closeness to retail and everyday necessities reduces traffic. When one has to drive miles for necessities, all those cars are on the roads for many miles. When reasonable density is built, low rise in this case, in the middle of a thriving retail area, one has to drive far less, actually reducing the number of cars on the road.

  5. The Indy Star announced today the appointment of a new Beverage Reporter! So instead of insightful reports on Indy pro sports and Indiana college teams, you now get to read stories about the 432nd new brewery open or some obscure Hoosier winery winning a county fair blue ribbon. Yep, that's the coverage we Star readers crave. Not.

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