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Health Care & Insurance
Indiana Health Information Exchange lands big insurer
October 13, 2009
J.K. WallUnitedHealthcare has become the second health insurer to join Quality Health First, a pay-for-performance program operated
by the Indiana Health Information Exchange, the exchange announced Tuesday.
MoreVIDEOS: IBJ panelists examine needs, options for health-care reform
October 13, 2009
J.K. WallPresenting five video excerpts from a free-wheeling panel discussion about health-care reform featuring five of the city's
top decision-makers. J.K. Wall moderates the IBJ's Power Breakfast, covering tort reform,illegal immigrants, pay models and
insurance companies.
MoreNew Community Hospital East president pursues care for all
October 10, 2009
Jo Ellen Meyers SharpThe new president of Community Hospital East says her job is all about health—the health of not just patients, but
the entire neighborhood.
MoreWellPoint memos show job cuts starting with mid-level execs
October 10, 2009
J.K. WallWith a national unemployment rate of nearly 10 percent eroding its customer base, WellPoint Inc. is cutting at least 30
middle-management employees and reshuffling its corporate organization, according to internal memos obtained by IBJ.
MoreMy Health Care Manager lands $3 million investment
October 10, 2009
Peter SchnitzlerThe company, which guides working adults and their parents through the maze of decisions and agencies involved in care for
seniors, plans to use the money primarily to augment its sales staff and operations.
MoreBaucus health reform bill would stick Indiana companies with fees
October 10, 2009
IBJ StaffThe health reform bill sponsored by U.S. Sen. Max Baucus, D-Mont., would help pay for expanded health insurance coverage
by levying fees of $13 billion a year on the health care industry. The fees would deliver a hefty bill to just
about all of Indiana’s major health care companies. But how they’re reacting to the fees is all over the map.
MoreWellPoint shares partially recover after Thursday plunge
October 9, 2009
J.K. WallShares of WellPoint Inc. partially recovered Friday morning after a plunge was touched off Thursday by gathering momentum
behind health care reform and talk of a windfall-profit tax by Speaker of the House Nancy Pelosi.
MoreLilly settles Zyprexa suit with S. Carolina
October 7, 2009
IBJ StaffEli Lilly and Co. has agreed to settle the State of South Carolina's lawsuit that claimed Lilly improperly marketed the antipsychotic
drug Zyprexa, according to Bloomberg News.
MoreHealth reform could swamp doctors
October 3, 2009
IBJ StaffHealth reform that would cover millions of uninsured Americans would theoretically send a flood of new
patients to physicians. Yet in Indiana and nationwide, there’s already a shortage of doctors.
MoreIndiana hospitals settle Medicare lawsuit
September 30, 2009
IBJ StaffSix hospital systems, including three in Indiana, have agreed to pay the federal government $8.3 million to settle a whistleblower
lawsuit alleging the hospitals deliberately overcharged Medicare for routine back surgeries.
MoreSt. Francis resumes work on $265M project
September 24, 2009
J.K. WallWith its financial performance exceeding expectations, St. Francis Hospital & Health Centers will resume construction on a
$265 million, 221-bed patient tower at its Indianapolis campus, the hospital system announced Thursday.
MoreLilly's win in Evista patent case crucial, analyst says
September 24, 2009
Scott OlsonA decision by a federal judge in Indianapolis to turn back a patent challenge to Eli Lilly and Co.'s Evista marks a major
victory for the company, says an analyst who closely follows the pharmaceutical industry.
MoreJudge upholds Lilly's Evista patent
September 24, 2009
J.K. WallA federal judge in Indianapolis turned back a patent challenge to Eli Lilly and Co.’s drug Evista, the company announced
late yesterday.
MoreLilly Endowment funds OrthoWorx effort with $7 million
September 23, 2009
J.K. WallA new group expected to develop the orthopedic implants industry in Warsaw will be able to proceed now that Indianapolis-based
Lilly Endowment Inc. is putting $7 million behind it, according to an announcement this morning.
MoreLilly agrees to settle more state Zyprexa suits
September 22, 2009
Eli Lilly and Co. has agreed to confidential terms to settle lawsuits brought by seven states alleging the company illegally
marketed bestselling antipsychotic drug Zyprexa, Bloomberg News reported today.
MoreMead Johnson plans expansion in Evansville
September 21, 2009
IBJ Staff and Associated PressMead Johnson Nutrition plans to spend nearly $33 million at a southwestern Indiana facility where it plans to start making
powdered infant formula products.
MoreChamber puts support behind Wishard hospital proposal
September 21, 2009
J.K. WallThe Greater Indianapolis Chamber of Commerce announced its support for construction of a new Wishard Hospital and promised
to take a leadership position to help hospital leaders win voter approval for the project.
MoreWeight-loss challenges at local firms raise money for charity
September 19, 2009
IBJ StaffEmployees at five different companies collectively lost 805 pounds over six weeks this summer. They also
raised $805 for Big Brothers/Big Sisters of Central Indiana.
MoreWestfield makes smoking illegal in most public places
September 15, 2009
IBJ StaffThe Westfield City Council passed a smoking ban 7-0 last night that will prohibit smoking in most public places, including
outdoor arenas, stadiums and amphitheaters.
MoreUPDATE: Pipeline challenges force Lilly restructuring moves
September 14, 2009
J.K. WallSince John Lechleiter was named CEO 18 months ago, he's bet that Eli Lilly and Co. could face down its looming patent challenges
by launching innovative new medicines. Today's announcement of 5,500 job cuts by the end of 2011 and a restructuring of the
company's business units ups the ante on that bet, while indicating that it isn't working yet.
MoreLilly reorganization to cut 5,500 positions over 2 years
September 14, 2009
J.K. WallEli Lilly and Co. will cut 5,500 jobs by the end of 2011 as it tries to cut $1 billion in expenses before it loses revenue
from its bestselling drug, Zyprexa. Lilly CEO John Lechleiter said he did not know how many of those cuts would occur in central
Indiana. But with
13,600 employees working in the Indianapolis area, he acknowledged the largest chunk of reductions likely would come here.
MoreBenefits brokers fear impact of health insurance exchanges
September 12, 2009
J.K. WallIf Congress implements a new system of health insurance exchanges across the country, Indianapolis benefits broker Joe
Guzman is confident he and his peers would take a hit.
MoreWellPoint insiders sell stock at right time
September 12, 2009
IBJ StaffTake the money while it’s there. That’s what a handful of insiders at WellPoint Inc. decided in
the past month as they sold off nearly 150,000 company shares for gains of more than $3 million.
MorePolicyholders could pay more under Obama health plan
September 11, 2009
Associated PressIf President Barack Obama gets what he wants in his health care plan — covering all Americans and barring insurers from
denying coverage — some analysts say individuals could wind up paying higher premiums.
MoreSanctions lifted, WellPoint returns to Medicare biz
September 10, 2009
J.K. WallNine months after being suspended as a contractor for the federal Medicare program, WellPoint Inc. is back in the game.
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On what planet are they entitled to this largesse from the stockholders? These people make multi-million dollar salaries: Pay for your own personal travel.
It matters because they're already paid enormously fat salaries: Pay for your own personal travel. Being "taxed on it" isn't a valid excuse--so what? They're still being gifted a raft of luxury perks from somebody else's money on top of an enormous, lavish salary.
Greenwood was scammed. Somebody didn't do due diligence in checking out the claims of this company. The manufacturing of insulin can't be done on the cheap. If it could be done, some big generic company would already have it on the market. The founder was either a scammer or a wild-eyed dreamer who made people believe that his Lilly experience was what they needed to make millions of dollars. Greenwood fell for a get-rich-quick scheme but smarter investors didn't make the same mistake.
DV, your list is not reasonable. For example, mass transit in Chicago does not benefit the poor Illinois farmer living on the Iowa border. So, there is no need for mass transit in Indy to benefit the retired widow living in Jasper, Indiana. Your comments, therefore, cannot be taken seriously yet it does reveal the narrow viewpoints that are robust here in Indiana. Mass transit works, even if not everyone in the city or state uses it.
To Me Tim McGraw's Tight Muscles are Truly Magical