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Health Care & Insurance
Senate rejects drug-importation proposal
December 16, 2009
IBJ Staff and Associated PressThe U.S. Senate voted down a plan Tuesday to allow Americans to import prescriptions from abroad, handing drug makers
such as Indianapolis-based Eli Lilly and Co. a victory.
MoreConseco offering new shares at $4.73 apiece
December 14, 2009
J.K. WallCarmel-based insurer hopes to raise $234 million through public offering.
MoreLilly wins approval for long-acting Zyprexa
December 14, 2009
J.K. WallOnce-a-month injection of best-selling drug will have patents that could extend until 2018.
MorePlainfield's MD Logistics sued by Bristol-Myers over lost insulin
December 12, 2009
Chris O'MalleyTwo semi-trailers of the medication were stolen in 2007 from a back lot at Daum Trucking, which isn't named in the lawsuit.
Bristol-Myers charges MD Logistics with negligence in the $10.7 million suit.
MoreHealth care reform would push state to hike Medicaid pay to docs
December 12, 2009
IBJ StaffAn actuarial report prepared by the local office of Milliman Inc., a Seattle-based consulting firm, projects
that the state of Indiana would have to hike its Medicaid payments by one-third in order to entice more
doctors into the program.
MoreNoble of Indiana to provide in-home services to disabled
December 12, 2009
IBJ StaffThe service will launch in February. Its goal is to serve 15 clients by June 30, 2010.
MoreDormir acquires two sleep companies
December 11, 2009
J.K. WallCarmel firm using $12 million in venture capital for buying spree is now nation's second-largest operator of sleep centers.
MoreEli Lilly's shares slip after it forecasts mixed profits in coming years
December 10, 2009
IBJ Staff and Associated PressThe Indianapolis-based drugmaker predicts strong profits through 2011, but its forecast for 2012 suggests bottom-line results
could fall precipitously.
MoreSouth Bend mental health facility cutting 100 jobs
December 10, 2009
The Madison Center in South Bend has notified state officials that 100 employees at the mental health facility will lose their
jobs.
MoreHealthNet lands $10.5 million in stimulus funds
December 10, 2009
IBJ Staff and Associated PressHealthNet said it will use the funds to expand and renovate two community health centers that have outgrown their space.
MoreConseco shares fall on weak profit forecast
December 8, 2009
J.K. WallCarmel-based insurer also wants to amend bank loans to assuage investor concerns ahead of $200 million stock offering.
MoreAriad asks court to restore patent-suit win against Lilly
December 8, 2009
IBJ StaffA federal appeals court will decide whether Eli Lilly and Co. must pay $65.2 million in damages, plus royalties, over a drug-patent
claim.
MoreHealth reform provision called 'death sentence' for doctor-owned hospitals
December 5, 2009
J.K. WallHouse and Senate versions of health care reform could halt the trend toward physician-owned hospitals.
MoreHealth care reform could drive more people to buy their own insurance
December 5, 2009
IBJ StaffIf Congress passes health care reform, more people will become like Juli Erhart-Graves, whose family spends nearly 18 percent
of its income on health insurance and out-of-pocket medical costs.
MoreHoosiers 'waste' $2.5B a year on health care, group says
December 3, 2009
J.K. WallAnalysis of Medicare data finds that Indiana hospitals and doctors rack up higher costs to treat the same conditions as the
nation's model markets.
MoreShepherd Insurance buys rival DeTrude & Co.
December 2, 2009
J.K. WallThe acquisition of DeTrude & Co. by Shepherd Insurance marks the 13th purchase of an Indianapolis-area benefits brokerage
since mid-2007.
MorePart of Mississippi's Zyprexa case against Lilly dismissed
December 2, 2009
IBJ StaffIndianapolis-based Eli Lilly and Co. has won a bid to dismiss part of a negligence lawsuit brought by Mississippi that alleges
improper marketing of antipsychotic drug Zyprexa for unapproved uses.
MoreLilly extends research pact with India firm
December 1, 2009
IBJ StaffJubilant Organosys Ltd. and Indianapolis-based Eli Lilly and Co. extended their collaboration, which began in 2005, by five
years.
MoreLilly's Cymbalta wins new approval for anxiety disorder
November 30, 2009
J.K. WallFDA action should boost sales of the Eli Lilly and Co. drug, which were already on pace to top $3 billion this year.
MoreHICKS: New breast cancer recommendation not supported
November 28, 2009
Mike HicksUnder the current proposal, the same type of groups that made the CDC's recommendations will outline guidelines about which
treatment will be offered under a government program.
MoreSt. Vincent-Novia clinic partnership cuts out insurance middleman
November 28, 2009
J.K. WallThe St. Vincent Health hospital system has joined with Indianapolis-based Novia CareClinics LLC to set up clinics on employers’
campuses, offering health care for their workers with no insurance companies involved.
MoreEmployer costs surge despite low inflation
November 25, 2009
J.K. WallEmployers are seeing their health care costs rise even though inflation is at a virtual standstill.
MoreHillenbrand profits rise despite revenue declines
November 24, 2009
IBJ StaffImproved investment returns and lower costs on diesel fuel and raw materials used in Hillenbrand's products helped improve
company earnings
MoreReinsurance deal helps Conseco raise cash
November 20, 2009
J.K. WallCarmel-based Conseco's second deal with Minnesota-based Wilton Reassurance Co. will bring in $45 million.
MoreConseco plans new stock offering
November 19, 2009
IBJ StaffConseco Inc. plans to sell about $230 million in stock and use half of the net proceeds to repay debt under its senior credit
agreement.
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First, let me say that I love the idea of communities being self-sufficient and people in the community not needing cars, living, working and shopping all in their neighborhood. To sum it up; I love good urban planning and hate urban sprawl. However, there are two reasons that I am against this development. First, this building doesn't fit. Density can occur in Ripple by building up top the street and better use of land. The scale of this project should be downtown. Secondly, I would be willing to bet that if a whole foods in Ripple is built, the Nora store would be closed. Here's my reasoning. The Nora Whole Foods expansion plans have been put on hold. I'm guessing they are waiting to see what happens with the Ripple proposal. Communities next to each other should work together to end sprawl and not work against each other and take other neighbors assets. Develop something both communities can be proud of and will attract more development and density. There's my soap box for the day.
My apologies, Lou - it was the Indy Star that printed cost for entertaining "celebrities" during Indy 500. Sorry for confusing the always timely IBJ with Indy's Gannett reprint news source.
That's fine if you want a grocery store that has festivals and live music. I guess with the prices they charge, they can afford to host such activities. As for me, I choose to spend my money more wisely and if I want to go to a festival or a concert, I will pay for that separately - not through my grocery bill.
TIF is not just to attract development but to attract a higher use for that development. Carmel wisely is using TIF for numerous public parking garages. Asphalt seas of parking pay little taxes and bring even less value to a commercial area. Also density is what is going to save Indy and Broad Ripple. The days of trying to compete with burbs are long gone.
The Prestige was an awesome movie.