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Health Care & Life Sciences
ER doc is affable WellPoint activist
May 19, 2010
J.K. WallDr. Rob Stone wants the giant health insurer to convert to not-for-profit status and put him, an advocate of national health
insurance, on the company's board.
MoreBioanalytical Systems reports loss in second quarter
May 17, 2010
IBJ StaffBioanalytical Systems Inc. narrowed its losses in the second fiscal quarter despite a 2 percent drop in revenue, the West
Lafayette-based contract research firm said late last week.
MoreRenamed Conseco OK with less-flashy future
May 15, 2010
J.K. WallCNO Financial Group Inc., known as Conseco Inc. until May 11, has become almost the polar opposite of what it was under flashy
co-founder
Steve Hilbert. Instead of high-octane growth driven by merger deals, CNO Financial has returned to profitability
by selling low-dollar products and emphasizing low-cost operations.
MoreIU lands $8.5 million grant to renovate Riley hospital
May 14, 2010
Gift will be used for a pediatric research facility to better identify how genetic and environmental factors contribute to
diseases in children.
MoreBioanalytical Systems names new chief executive
May 14, 2010
IBJ StaffWest Lafayette-based Bioanalytical Systems Inc. has promoted Anthony S. Chilton to CEO following the retirement of top executive
Richard M. Shepperd earlier this year.
MoreLilly, others cut U.S. tax bills through transfer pricing
May 14, 2010
Bloomberg NewsU.S. companies, including Eli Lilly, amassed at least $1 trillion in foreign profits not taxed in the U.S. as of the end of
last year. That cumulative total increased 70 percent over three years.
MoreStudy: Quality, costs better at big practices
May 12, 2010
J.K. WallAs physician mergers increase in Indianapolis, a new study has determined that quality at large, multispecialty practices
is at
least 5 percent higher and costs are 3.6 percent lower than at small group practices.
MoreLilly still waiting on once-weekly Byetta
May 12, 2010
J.K. WallThe U.S. Food and Drug Administration last week pushed its self-declared deadline for rendering an approval decision on the
drug Bydureon to Oct. 22. The previous deadline was in March.
MoreQ&A
May 12, 2010
J.K. WallJoe Guzman is a co-founder of Indianapolis-based Ascend USA, the new trade adopted after Guzman merged his
benefits brokerage, Benefits Strategies Inc., with benefits business Steven Goodin. The eight-person firm expects to hire
as many 15 new employees in the next year. Those workers will help Ascend diversify from health benefits into brokering commercial
insurance products.
MoreShareholders overwhelmingly OK Conseco name change
May 11, 2010
J.K. WallCarmel-based life and health insurer is now CNO Financial Group Inc. to reflect what company officers call a "transformation"
of the once-troubled firm.
MoreReport: WellPoint, Aetna may need relief from cost mandate
May 11, 2010
Bloomberg NewsThe U.S. health overhaul’s mandate that insurers spend 80 percent of premiums on medical care may
need to be loosened
to keep companies from quitting the market for people who buy coverage on their own, state regulators said.
MoreWellPoint, others may need relief from law's spending mandate
May 10, 2010
Bloomberg NewsThe health law passed by Congress in March will force insurers like WellPoint to give rebates to customers next year if the
companies don't meet the medical-spending minimums.
MoreBraly, Obama spar again over WellPoint cancellation policies
May 10, 2010
J.K. WallCEO of Indianapolis-based health insurer wrote to Obama on Sunday to rebut the president's criticism that WellPoint seeks
out breast cancer patients to cancel their policies.
MoreWishard Hospital project is life blood to contractors
May 8, 2010
Scott OlsonReplacing the existing Wishard Memorial Hospital is so critical to the well-being of the sickly construction sector that one
industry official likens the project to a "lifeline."
MoreGlick Eye Institute designed to mesh architectural styles, ophthalmology researchers
May 8, 2010
Norm HeikensThe new home for the Eugene and Marilyn Glick Eye Institute that’s rising from the ground at IUPUI must do a lot
of things well.
MoreTAYLOR: Reform will drive demand for health care facilities
May 8, 2010
Deeni TaylorThere has been a noticeable uptick in the level of health care real estate development activity this year.
MoreJudge rejects controversial Guidant plea agreement
May 8, 2010
Greg AndrewsThe deal included a $296 million criminal fine, but no charges against executives who failed to properly report problems with
the company's defibrillators.
MoreLilly hopes Elanco unit becomes a cash cow
May 8, 2010
J.K. WallElanco Animal Health chief Jeff Simmons predicts that consumers will opt for food made cheaper by using
Elanco's productivity-enhancing drugs over pricier organic and locally grown products. But, as a hedge,
he has Elanco developing products to help organic farmers, too.
MoreIndiana's growth in life sciences jobs beats national average
May 8, 2010
IBJ StaffBloomington led the nation as the No. 1 small city in medical devices and equipment.
MoreLatest Lilly job cuts target marketing employees
May 7, 2010
J.K. WallIndianapolis-based drugmaker Eli Lilly and Co. is on course to cut 5,500 jobs by the end of 2011 in a bid to eliminate $1
billion in annual expenses.
MoreMasonic Home plans $8M assisted-living center in Franklin
May 6, 2010
Groundbreaking will be held May 16 to mark start of construction on center to be built on 300-acre campus.
MoreMarketing experts: Clarian will get boost from IU name
May 5, 2010
J.K. WallThe Indianapolis-based hospital system, which has 16 hospitals as far afield as LaPorte, Hartford City and Paoli, can
now associate with all its facilities the name of the school that trains the majority of doctors and nurses throughout the
state.
MoreLilly sues to block copy of Evista osteoporosis drug
May 5, 2010
Bloomberg NewsWatson Pharmaceuticals filed for FDA approval to sell a low-cost version of Eli Lilly and Co.'s osteoporosis medicine. Indianapolis-based
Lilly is seeking a court order that would block approval until three of its patents expire in 2017.
MoreNew federal funds come with big goals
May 5, 2010
J.K. WallIndiana has now received nearly $50 million in federal bucks to digitize health care around the state. But the latest grant—$16
million to the Indiana Health Information Exchange—comes with specific, ambitious goals for health care providers.
MoreClarian hospital system to adopt IU name
May 5, 2010
J.K. WallClarian will become Indiana University Health early next year in a bet the IU brand carries more punch statewide and nationally.
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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.