Health Care & Insurance

Indiana nears 1M mark in swine-flu vaccinations

December 31, 2009
Associated Press
So far this year, 35 people have died in Indiana from swine flu.
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St. Francis sues OrthoIndy over new surgery center

December 30, 2009
Peter Schnitzler
Legal complaint alleges new $20 million facility in Greenwood breaches partnership deal struck in 2001.
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Corporations bet on insiders to bend reform

December 30, 2009
J.K. Wall
Indianapolis health care heavyweights are among those spending $635 million, employing 166 former aides to key congressional leaders and committees in health reform process.
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Lilly scurries to get out from under Zyprexa cloud

December 26, 2009
J.K. Wall
Another year of rapid change at Eli Lilly and Co. did little to move the company out from under the cloud cast by its best-selling drug, Zyprexa.
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Health care industry braces for reform

December 26, 2009
J.K. Wall
Congress is on the cusp of transforming health insurance—if it can pass a health reform bill that was losing popularity late in the year.
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To keep sales force busy, Lilly takes on new drug

December 24, 2009
J.K. Wall
Eli Lilly and Co. has bought the rights to co-market a new cholesterol-fighting drug in the U.S., giving it a third heart drug for sales personnel to push.
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Building trades leaders flock to Wishard meetings

December 18, 2009
 IBJ Staff
Hundreds of potential contractors turned out for informational meetings this week about construction work on a new Wishard Memorial Hospital.
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Hoosier biz groups oppose Senate health bill

December 18, 2009
J.K. Wall
Group presidents tell Indiana senators that the reform bill would expand dysfunctions of current health care systems.
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Conseco shoots for $222M in stock offering

December 17, 2009
 IBJ Staff and Associated Press
The company plans to use at least $150 million to repay debt under its senior credit agreement. The remaining proceeds will be used for general corporate purposes.
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Senate rejects drug-importation proposal

December 16, 2009
 IBJ Staff and Associated Press
The 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.
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Conseco offering new shares at $4.73 apiece

December 14, 2009
J.K. Wall
Carmel-based insurer hopes to raise $234 million through public offering.
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Lilly wins approval for long-acting Zyprexa

December 14, 2009
J.K. Wall
Once-a-month injection of best-selling drug will have patents that could extend until 2018.
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Plainfield's MD Logistics sued by Bristol-Myers over lost insulinRestricted Content

December 12, 2009
Chris O'Malley
Two 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.
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Health care reform would push state to hike Medicaid pay to docs

December 12, 2009
 IBJ Staff
An 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.
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Noble of Indiana to provide in-home services to disabled

December 12, 2009
 IBJ Staff
The service will launch in February. Its goal is to serve 15 clients by June 30, 2010.
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Dormir acquires two sleep companies

December 11, 2009
J.K. Wall
Carmel firm using $12 million in venture capital for buying spree is now nation's second-largest operator of sleep centers.
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Eli Lilly's shares slip after it forecasts mixed profits in coming years

December 10, 2009
 IBJ Staff and Associated Press
The Indianapolis-based drugmaker predicts strong profits through 2011, but its forecast for 2012 suggests bottom-line results could fall precipitously.
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South 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.
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HealthNet lands $10.5 million in stimulus funds

December 10, 2009
 IBJ Staff and Associated Press
HealthNet said it will use the funds to expand and renovate two community health centers that have outgrown their space.
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Conseco shares fall on weak profit forecast

December 8, 2009
J.K. Wall
Carmel-based insurer also wants to amend bank loans to assuage investor concerns ahead of $200 million stock offering.
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Ariad asks court to restore patent-suit win against Lilly

December 8, 2009
 IBJ Staff
A federal appeals court will decide whether Eli Lilly and Co. must pay $65.2 million in damages, plus royalties, over a drug-patent claim.
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Health reform provision called 'death sentence' for doctor-owned hospitals

December 5, 2009
J.K. Wall
House and Senate versions of health care reform could halt the trend toward physician-owned hospitals.
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Health care reform could drive more people to buy their own insurance

December 5, 2009
 IBJ Staff
If 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.
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Hoosiers 'waste' $2.5B a year on health care, group says

December 3, 2009
J.K. Wall
Analysis of Medicare data finds that Indiana hospitals and doctors rack up higher costs to treat the same conditions as the nation's model markets.
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Shepherd Insurance buys rival DeTrude & Co.

December 2, 2009
J.K. Wall
The acquisition of DeTrude & Co. by Shepherd Insurance marks the 13th purchase of an Indianapolis-area benefits brokerage since mid-2007.
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  1. A Tilted Kilt at a water park themed hotel? Who planned that one? I guess the Dad's need something to do while the kids are on the water slides.

  2. Don't come down on the fair for offering drinks. This is a craft and certainly one that belongs in agriculture due to ingredients. And for those worrying about how much you can drink. I'm sure it's more to do with liability than anything else. They don't want people suing for being over served. If you want a buzz, do a little pre-drinking before you go.

  3. I don't drink but go into this "controlled area" so my friend can drink. They have their 3 drink limit and then I give my friend my 3 drink limit. How is the fair going to control this very likely situation????

  4. I feel the conditions of the alcohol sales are a bit heavy handed, but you need to realize this is the first year in quite some time that beer & wine will be sold at the fair. They're starting off slowly to get a gauge on how it will perform this year - I would assume if everything goes fine that they relax some of the limits in the next year or couple of years. That said, I think requiring the consumption of alcohol to only occur in the beer tent is a bit much. That is going to be an awkward situation for those with minors - "Honey, I'm getting a beer... Ok, sure go ahead... Alright see you in just a min- half an hour."

  5. This might be an effort on the part of the State Fair Board to manage the risk until they get a better feel for it. However, the blanket notion that alcohol should not be served at "family oriented" events is perhaps an oversimplification. and not too realistic. For 15 years, I was a volunteer at the Indianapolis Air Show, which was as family oriented an event as it gets. We sold beer donated by Monarch Beverage Company and served by licensed and trained employees of United Package Liquors who were unpaid volunteers. And where did that money go? To central Indiana children's charities, including Riley Hospital for Children! It's all about managing the risk.

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