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Health Care & Life Sciences
Wellpoint raises $1.35B in first convertible offering since '99
October 3, 2012
Indianapolis-based WellPoint Inc. sold its first convertible securities in more than 13 years with a $1.35 billion offering
of 30-year bonds.
MoreAmerigroup delays vote on $4.9B WellPoint acquisition
October 3, 2012
Bloomberg NewsAmerigroup Corp. officials agreed to delay a shareholder vote on WellPoint Inc.’s $4.9 billion buyout offer to resolve
investors’ claims they were being shortchanged in the deal, the company said in a securities filing.
MoreWellPoint to add 100-plus local jobs for new Medicare contract
October 2, 2012
J.K. WallWellPoint Inc.’s National Government Services unit will add more than 100 jobs in Indianapolis beginning late this year
or early next after the health insurance giant won a new contract with the federal Medicare program.
MoreDow Agro awarded $5.3M in patent-infringement case
October 2, 2012
The unsuccessful lawsuit filed by a subsidiary of Belgium-based Bayer Bioscience claimed that insect-resistant corn products
from affiliates of Dow AgroSciences violated two of its patents.
MoreFormer IU Health exec joining Bose Public Affairs
October 2, 2012
Sam Odle, who retired from Indiana University Health in July as chief operating officer, is joining the local lobbying firm
as a senior policy adviser, representing clients in the health care and life sciences sectors.
MoreWill Medicaid expansion actually work?
October 1, 2012
J.K. WallIt would be “absurd” and a “travesty” for Indiana not to expand its Medicaid program, according to
two local hospital officials. And yet other health care leaders do not expect expanded Medicaid coverage to provide nearly
as much help to uninsured Hoosiers as hoped.
MoreSledge's exit will keep IU program mostly intact
October 1, 2012
J.K. WallThe departure of Dr. George Sledge likely will sap the breast cancer research program at the Indiana University Melvin and
Bren Simon Cancer Center of about $500,000 in annual funding. But the program Sledge built over the past three decades mostly
will remain intact.
MoreHospital loyalty low among patients in central Indiana
September 29, 2012
Scott OlsonRegenstrief study finds many visit two different facilities within year’s time.
MoreHARVEY: Dearth of faculty leading to nurse shortage
September 29, 2012
Margaret Harvey / Special to IBJThe looming shortage of nurses and the faculty to educate nurses threatens Americans’ access to quality health care.
As our population ages and health care becomes more extensive and complex, an increasing demand for highly educated nurses
persists. This need directly influences the necessity for nursing faculty.
MoreMORRISON: Obesity extracting huge cost in competitiveness
September 29, 2012
Ed Morrison / Special to IBJA friend recently asked me, “What’s the connection between healthy communities and economic development?”
I set out to explain why no community can compete in today’s economy without healthy brainpower.
MoreSTORY: Health care rationing has already arrived
September 29, 2012
Timothy J. Story / Special to IBJThere will be health care rationing. The only question is who will do the rationing—the government, health care providers,
or you and me. The odds are good there will be some rationing from all those sources
MoreWellPoint likely to go outside for chief
September 29, 2012
J.K. WallWhile WellPoint Inc. and its predecessors have a history of grooming new CEOs in-house, the next leader of the health insurance
giant is likely to be an outsider, according to interviews with more than a half dozen former directors and officers of the
company.
MoreSome hospitals, doctors might be cut from health plans
September 29, 2012
J.K. WallWith health insurance premiums continuing to outstrip inflation, some health insurers and hospital systems are considering
bringing back an old strategy: limiting patient access to a “narrow” network of doctors and hospitals.
MoreState drug fraud cases on the rise, study says
September 27, 2012
Associated PressFederal and state prosecutors have collected more than $30 billion from drug companies for alleged fraud and illegal marketing
over the last 20 years, according to a new report by consumer advocacy group Public Citizen.
MoreWellPoint hires Chicago-based search firm to find CEO
September 25, 2012
Bloomberg NewsChicago-based recruiting firm Spencer Stuart & Associates Ltd. has previously led executive and board director hunts for
companies including Facebook Inc., Comcast Corp., Talbots Inc. and Hewlett-Packard Co.
MoreBill for Medicaid expansion? $516M a year
September 24, 2012
J.K. WallIf Indiana expands its Medicaid program as called for under President Obama’s health reform law, it likely will hike
state spending on the program an extra 13.5 percent—or $516 million annually—by 2020, according to the latest
projections from Seattle-based actuarial firm Milliman Inc.
MoreGroup aims to cut costs of late-stage drugs
September 24, 2012
J.K. WallYou know things are bad in the fiercely competitive pharma industry when drugmakers start turning to each other for help.
But that’s exactly what happened last week when 10 major drug companies—including Eli Lilly and Co.—joined forces to cut costs
out of clinical trials.
MoreLilly competitor Novo investing $100M in China
September 24, 2012
Bloomberg NewsNovo Nordisk A/S, the world’s largest insulin maker, plans to spend $100 million on research in China. The move follows
a similar one by Indianapolis-based Eli Lilly, which opened a 150-person research center in Shanghai in May.
MoreLilly's Cialis gets European endorsement for new use
September 21, 2012
Associated PressA European committee has endorsed the use of Eli Lilly and Co.'s erectile dysfunction drug Cialis to treat symptoms tied
to an enlarged prostate.
MoreCity approves $15.7M senior-living center on east side
September 20, 2012
Mainstreet Property Group LLC plans to build a 100-bed facility at 16th Street and Arlington Avenue on nine acres where Raytheon
Technical Services Co. LLC once operated.
MoreWellPoint says CEO search to take three to six months
September 20, 2012
Bloomberg NewsWellPoint is seeking a replacement for former CEO Angela Braly, who stepped down Aug. 28 amid shareholder discontent. The
company plans to hire a search firm within the next week.
MoreDaniels' health care team says answers pending
September 19, 2012
Associated PressIndiana Gov. Mitch Daniels' team of federal health care overhaul leaders told state lawmakers Wednesday that even without
clear answers on the new law, it will cost the state hundreds of millions more in the coming years.
MoreTen drugmakers team up to improve testing process
September 19, 2012
Associated PressPharmaceutical industry heavyweights, including Eli Lilly and Co., are teaming up to improve the way experimental drugs are
tested so they can get approved, and reach patients, faster.
MoreWellPoint spends $50M to burnish brand
September 17, 2012
J.K. WallThe Indianapolis-based health insurer expects the purchase of health insurance to look and feel much more like online retailing
than ever before, where brand name, along with price and convenience, win the day.
MoreHigh-deductible premiums rising, too
September 17, 2012
J.K. WallSince 2007, premiums for high-deductible health plans’ family coverage have grown 32 percent—compared with 30
percent among all health plans, according to survey data from the Kaiser Family Foundation.
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You guys have some "interesting" comments to say the least. I hope you will call in and share those opinions starting June 1. I'm looking forward to having you on the air.
For those who let this information strike a nerve, remember that this is still the America that allows the freedom to achieve dreams and goals. Should you really chastise those who are given a perk on a deal that is supported by the consumer (that is until they don't like the deal anymore due to envy) or should the dream of rewards for working be looked at a little closer? I say lets stick to the deal, go to work,earn our keep, shoot for dreams, change our jobs to have that dream or shut up about others achievements ..............while we are still afforded this liberty of America !
Three Magi
Cats out of the bag. The object of the game is to get acquired. That means the company has no idea how to grow beyond a certain point. Email is a 1990s technology. I have laughed at this company since day one. Such a small bit player. If it was anywhere but here, it wouldn't be newsworthy.
Esther, Indy has passed Chicago in the local government corruption arena. Don't downgrade us. We're No. 1 in the Midwest.