Health Care & Life Sciences

WellPoint gets tax delay in Obama health plan

February 22, 2010
Bloomberg News
Insurers WellPoint Inc. and others would get a delay in taxes on premiums and high-cost medical benefits, along with additional funding for expanding Medicaid, under a White House proposal
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Obama endorses new taxes, more drugmaker fees

February 22, 2010
Bloomberg News
Obama, seeking to break an impasse over health-care legislation, proposes a plan that includes the first Medicare tax on unearned income such as capital gains and higher fees on drugmakers.
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Insurers warn of problems with federal regulator

February 22, 2010
Associated Press
President Obama's latest push for a health care overhaul could drive health plans around the country into insolvency, according to an insurance trade group.
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WellPoint's health insurance rate hike spurs legislative inquiryRestricted Content

February 20, 2010
J.K. Wall
The furor over WellPoint Inc.’s premium hikes have migrated from California to Indiana, where state lawmakers held a high-profile hearing.
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Lilly asks shareholders to lower takeover barrier

February 20, 2010
J.K. Wall
Eli Lilly and Co. directors have recommended that shareholders toss out the drugmaker's most potent protection against unwanted takeovers: an 80-percent supermajority vote threshold for any shareholder mutiny to succeed.
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Indiana companies that serve pharmaceutical industry grew in 2009

February 20, 2010
 IBJ Staff
The firms continued to grow over the last year but face increasing challenges, according to a new report by Indianapolis-based life sciences trade group BioCrossroads.
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White House plans new rules for health insurers

February 19, 2010
Bloomberg News
President Obama will release a proposal to restart the health-care debate before a bipartisan White House meeting on Feb. 25, one day after WellPoint officials testify before Congress about steep rate increases.
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Teva gets European OK to sell generic of Lilly's Evista

February 19, 2010
Bloomberg News
Evista generated $1.03 billion in sales last year, of which $348.1 million came outside the United States.
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Vortek Surgical moving HQ to Brownsburg, adding 60 jobs

February 18, 2010
 IBJ Staff
Indianapolis-based Vortek Surgical LLC will relocate to Brownsburg, expanding its headquarters, manufacturing and distribution operations and creating more than 60 jobs in the next three years.
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WellPoint rate hikes spark protest in Indianapolis

February 18, 2010
J.K. Wall
Congressman Andre Carson will make remarks Thursday during a public chastising of Indianapolis-based health insurer for 21-percent rate hike on individuals.
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WellPoint, insurance commissioner get earful from lawmakers

February 17, 2010
J.K. Wall
State House insurance committee chair grills executives about WellPoint's 21-percent premium increase for individual policyholders in Indiana.
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Indiana part of national medical school surge

February 17, 2010
J.K. Wall
Marian University's planned medical school is one of two dozen nationally, but budget cuts are forcing Indiana University to retreat on enrollment expansion.
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WellPoint hits bottom with customers

February 17, 2010
J.K. Wall
Even before WellPoint dissatisfied President Obama over its rate increases in California, it wasn't doing so hot satisfying its actual customers, according to the American Customer Satisfaction Index.
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Q&A: Dr. John Fitzgerald

February 17, 2010
J.K. Wall
The Indiana Clinic, launched about a year ago, has signed 412 physicians as employees, and is still working toward a goal of as many as 1,500 by 2011. The clinic, a joint venture of Clarian Health and the Indiana University School of Medicine, is headed by Dr. John Fitzgerald. He discussed the progress.
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State lawmakers to probe WellPoint premium hikes

February 17, 2010
J.K. Wall
Three WellPoint executives will be on hand Wednesday morning to answer questions about premium increases on its individual policies, which have risen as high as 39 percent this year.
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Pfizer's Viagra patent partially rejected in Lilly fight

February 16, 2010
Bloomberg News
The patent on impotence drug Viagra was partially rejected after the U.S. Patent and Trademark Office said it wasn't different enough from a Chinese herb known as Horny Goat Weed. The patent was key to an infringement suit Pfizer filed in 2002 against Eli Lilly and Co. over its rival Cialis drug.
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Purdue to get $12M to help small health providers

February 16, 2010
 IBJ Staff
Stimulus funds will help university's technical assistance service show doctors and nurses in small groups and in medically under-served areas how to adopt medical-records technologies.
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WellPoint delays investor meeting to testify on rate flap

February 16, 2010
Bloomberg News
The Indianapolis-based insurer, preparing for Congressional testimony on proposed premium increases in California, says its earnings forecast is now less clear.
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Clarian, IU plan $100 million neurosciences center

February 13, 2010
J.K. Wall
Clarian Health and the Indiana University School of Medicine want their planned neurosciences hub to become a destination for patients suffering from brain, nerve and mental maladies—and for the government and industry research dollars that can fuel advances in care.
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Startup VoCare Inc. might move to find venture capital dollars

February 13, 2010
 IBJ Staff
A Lebanon-based startup wants to build a call center here and add up to 300 jobs, but state and local officials are struggling with a big obstacle to keeping the company here.
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Wishard parent 'ecstatic' about cheap debt - so far

February 13, 2010
 IBJ Staff
The Health & Hospital Corporation of Marion County got good news in its first round of borrowing to finance a new Wishard Hospital: so far, it is paying less than planned.
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PTS sues Roche Diagnostic to end blood-monitor royalties

February 13, 2010
J.K. Wall
Polymer Technology Systems Inc., a small Indianapolis-based maker of handheld blood monitors, has gone to court to fight a competitor more than 100 times its size: Roche Diagnostics Corp.
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Could WellPoint woes breathe life into health reform?

February 12, 2010
J.K. Wall
The firestorm created this week by Indianapolis-based health insurer WellPoint's spike in premiums could resurrect some parts of the languishing health reform bills.
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Report: State's pharmaceutical contractors continue to grow

February 10, 2010
A report set to be released Wednesday by local life sciences industry group BioCrossroads says Indiana companies providing contract pharmaceutical research and manufacturing services are weathering the economic downturn and are growing.
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Wishard construction project enjoying cheap debt

February 10, 2010
J.K. Wall
The Health & Hospital Corp. of Marion County got good news in its first round of borrowing to finance a new Wishard hospital: The cost is less than expected.
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  1. "This was a very localized, Indiana issue," he said. As in, Indiana failed to expand Medicaid to cover its poor citizens resulting in the loss of essential medical services, including this EMS company. Well done, Indiana GOP. Here are the real death panels: GOP state governments who refuse to expand Medicaid for political reasons.

  2. In the "one for all, all for none" socialist doctrine the sick die...this plus obama"care" equates to caucasian genocide plus pushed flight to cities thus further eroding the conservative base and the continualed spiral toward complete liberal/progressive/marxist America.

  3. There is a simple reason why WISH is not reporting on this story. LIN has others stations in different markets that are affiliated with CBS. Reporting about CBS blindsiding WISH/LIN due to CBS's greed and bullying tatics would risk any future negoations LIN will have with CBS in other markets.

  4. My best always! Dave Wilson

  5. How did Columbus, Ohio pull off a car share service without a single dollar of public subsidies? They must not have a mayor who is on the take like Indianapolis. Daimler Benz offers Columbus residents their Smart Cars on a market-driven basis: "This has some neat features. Cars don’t have to be picked up and dropped off at fixed points. You find one with your smart phone based on GPS, and drop it off anywhere in the service area you can find a spot – even at a meter. These cars aren’t required to feed the meter so you get free on street parking while using them. I was told this system was put in place on a market basis without subsidies – and that the vendor actually pays the city for the use of the meters." http://www.urbanophile.com/2014/05/26/checking-in-on-columbus/

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