November 24, 2008
The health insurance industry — hurt by falling profits and threatened by Democratic reform bills — could see
another wave of
consolidation, and that may well involve Indianapolis-based WellPoint Inc.
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November 24, 2008
Linda WessicAs the bedrock of the United State's health care delivery framework, the nursing profession represents the top need for open
health care positions across Indiana and much of the nation.
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November 17, 2008
J.K. WallMarion County hospital systems anticipate more mergers, possibly with each other.
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November 17, 2008
Anthem Blue Cross and Blue Shield of Indiana ranked highest among health care plans that primarily serve Indiana, but didn't
even crack the top 100 nationally in a new study.
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November 17, 2008
Consumer-driven health plans will lead to greater medical expenses later because people avoid going to the doctor now.
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November 17, 2008
Because major employers in Shelby County have laid off workers, Major Hospital isn't getting as much income from employer-based
medical insurance plans.
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November 10, 2008
J.K. WallDr. Francis Price Jr. has brought hundreds of eye surgeons to Indianapolis to train them in how to use
a new cornea transplant technique that has swept the ophthalmology field—DSEK, which stands
for Descemet's stripping endothelial keratoplasty.
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November 10, 2008
The city of Beech Grove is working on a redevelopment proposal for its St. Francis Hospital campus. Tentative plans call for
a mix of office space, apartments for seniors, and retail space.
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November 10, 2008
The St. Francis hospital system and Anthem Blue Cross and Blue Shield of Indiana are haggling over insurance reimbursement
costs. The original demand of Sisters of St. Francis Health Services Inc. would have increased reimbursement amounts $80 million
over three years, Rick Rhodes, an Anthem regional vice president, wrote in an Oct. 30 letter to employers covered by Anthem.
The increase would mean $12 million more in out-of-pocket costs to Anthem customers. But St. Francis claims its request for
an increase only brings it in line with what other hospitals are getting.
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November 10, 2008
Morton MarcusIndiana's economic woes are long standing and may be having an adverse effect on the health of our people,
because Hoosiers can't consistently gain access to excellent health care.
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November 10, 2008
On Oct. 31, the Indiana Pacers announced a partnership with Clarian Health to improve health awareness for area residents.
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November 3, 2008
Consumer-directed health plans really work, at least according to WellPoint Inc., which has made a big push to sell them recently.
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November 3, 2008
J.K. WallOneAmerica Financial Partners Inc. has made no secret of its desire to acquire other companies. Well, if it wants to buy,
it could hardly find a better time.
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November 3, 2008
The trustee for Winona Memorial Hospital lost in court against the hospital's former owner earlier this month — but
not without
receiving a bit of vindication from the judge in the case.
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November 3, 2008
J.K. WallIndianapolis-area hospitals have suffered a double whammy of spiking interest rates on their bonds and heavy losses in their
investment portfolios and are trying to save cash any way they can.
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October 20, 2008
J.K. WallA year of computer snafus boiled over Oct. 13 when the St. Francis system declared WellPoint Inc. in breach of its contract
because of habitually late payments.
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October 13, 2008
J.K. WallEli Lilly and Co. has written a $6.5 billion IOU to acquire the cancer drugs of ImClone Systems Inc. Cancer drugs are now
the best-selling class of drugs in the world and one of the fastest growing.
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October 6, 2008
J.K. WallAfter the unexpected death of insurance magnate J. Patrick Rooney, two organizations he led until the day he died are scrambling
to figure out who will lead them into the future.
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August 18, 2008
J.K. WallWellPoint Inc. prides itself on working to hold down the rising cost of health care. But to hear one of its former vice
presidents tell it, the company retaliated against him when he worked to do just that. In a lawsuit against
WellPoint, Dr. Randy Axelrod claims his former employer forced him out when he tried to curtail a drugmaker's
controversial pricing strategy that was costing WellPoint money.
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August 11, 2008
J.K. WallEli Lilly and Co.'s unorthodox efforts to develop new treatments for Alzheimer's disease--if successful--could usher in
a new approach to drug development. The Indianapolis-based pharmaceutical company announced that a New York
hedge fund, TPG-Axon Capital, will invest up to $325 million to help cover the exorbitant development costs
of two experimental compounds to treat Alzheimer's disease.
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July 28, 2008
J.K. WallWellPoint Inc., the most dominant health insurer in the United States, registers as barely a pipsqueak in the rest of the
world. But it's only a matter of time, say industry experts, before WellPoint plunges into foreign markets to grow sales of
its health benefits and services.
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July 21, 2008
J.K. WallSteve Smith has shaken up the Indiana Health
Care Association so much, the group representing Indiana's for-profit nursing homes is hardly recognizable to those who knew
it before. And the way Smith tells it, he's just getting started.
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July 21, 2008
Anthony SchoettleNathan's Battle Foundation, led by Phil Milto--who has two sons afflicted with the disease--has evolved over 10 years into
what Milto calls a not-for-profit biotech company that has raised money and guided research that resulted in a promising treatment
for Batten disease. Now, some of the gene therapy techniques researchers developed are being applied to other disorders.
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June 16, 2008
J.K. WallThis month, 65-year-old Bill Corley gave his 18 months' notice that he will be retiring as CEO of Community Health Network,
the third-largest hospital network based in Indianapolis. Perhaps Community's board of directors needed so much time to replace
a man who has held his post so long-nearly 25 years. When Corley arrived in 1984, Community consisted of just one hospital
on Indianapolis' east side. Today, it has five.
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June 9, 2008
J.K. WallAngela Braly, Wayne DeVeydt and the rest of the top brass at WellPoint Inc. face wrath over the company's recent stock swoon
from a new group: ex-employees. Four former WellPoint workers have filed lawsuits against the Indianapolis-based health insurance
giant over the losses its 401(k) retirement plan suffered in March when the company slashed its profit forecast for the year.
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these guys only skill was to steal from other's hard earned savings.
I voted for him last time and it WAS the LAST time. He needed to to quit running around the world on useless trips, and giving our $$ away to sports teams. I'll vote for anyone but Ballard next time. BTW...we gave $40M to the Pacers and cannot even watch the games on TV.
For the people concerned about traffic, you should know that mixed-use projects (like the one being proposed), actually allows for and encourages more people to walk and bike, thereby mitigating additional automobile traffic. If we continue to design and build suburban-type projects in the City (i.e. automobile-oriented projects), we are not offering anything different from what the suburbs offer, which means we will continue to lose jobs/people to the suburbs. The reason Broad Ripple is somewhat successful today is that people want to live in a place that offers the convenience of being able to walk/bike to restaurants, retail, nightlife, the Monon, etc. Why would you not want to support a project that is complimentary to what already makes the area desirable? The real argument with this project should be its lack-luster design and layout, not the density.
It is unfortunate that there is a perception that celebrities validate an event. The Indy 500 stands on its own, especially for those coming in from out of town. It was always so disturbing to read the gushing descriptions of Ashley Judd threaded throughout the local coverage. Very happy that era is at an end.
Good ole' Obamacare. Thanks liberals and those who didn't bother to vote.