Health Care Costs

Kaiser: Lack of competition endemic

October 31, 2011
J.K. Wall
In a new study, Indiana ranked as the 19th least-competitive state for individual health insurance and the 27th least-competitive for small-employer health insurance.
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Q&A

October 31, 2011
J.K. Wall
As an Eli Lilly and Co. lobbyist in Washington, D.C., Jay Bonitt is hoping the Congressional “super committee” charged with trimming the federal budget doesn’t turn to the Medicare prescription drug program, known as Part D, to do so. Bonitt, Lilly's vice president of federal affairs, said the program is under budget and helps spur drugmakers to further innovation.
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Insurance mandate lacks teeth, WellPoint CFO says

October 24, 2011
J.K. Wall
As constitutional challenges to the health reform law’s mandate to buy insurance advance, WellPoint Inc.’s chief financial officer reiterated that the company does not object to the mandate, just to its lack of penalties.
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IU Health, Howard Regional call off merger talks

October 4, 2011
J.K. Wall
The integration of the two not-for-profit hospital systems, approved by Howard Regional's board in late May, is now dead, the two hospitals announced Monday.
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Private exchange could boost WellPoint profits

October 3, 2011
J.K. Wall
WellPoint Inc.'s participation in buying a majority stake of the private health insurance exchange operator Bloom Health could help it get back to its roots as a health insurer—and make a bit more money in the process.
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IU embraces medical homes to cut costs

October 3, 2011
J.K. Wall
Indiana University announced a partnership with the Indianapolis-based IU Health hospital system that will launch four primary care clinics in Bloomington, which can be visited for no extra charge by those enrolled in IU’s health plans.
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Recovery likely to worsen nursing shortageRestricted Content

October 1, 2011
Marc D. Allan
The recession pushed some nurses out of retirement and others into full-time jobs. But the nurse shortage is expected to resume as the economy improves.
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PANEL: Reforms to rapidly reshape health careRestricted Content

October 1, 2011
Reform-induced changes dominate health care panel of health care experts convened by Indianapolis Business Journal.
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Accountable care 'savior' of doc groups

September 26, 2011
J.K. Wall

Health_care_park_watch_videoIndianapolis’ largest independent physician group, American Health Network, doesn’t want to sell to a hospital, but its CEO hopes it can hold on until accountable care kicks in.

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Roche hopes to prosper from austerity

September 19, 2011
J.K. Wall
Executives at Roche Diagnostics expect the wave of austerity measures being taken by western governments—including the United States—to as much as double its sales of fluid- and DNA-based tests in the next three years.
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Will ACOs really get off the ground?

September 19, 2011
J.K. Wall
The hype over accountable care organizations—something every major hospital in Indianapolis is moving to become—is increasingly being laced with skepticism as the economics behind the idea get more scrutiny.
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Study spoils common wisdom on health spending

September 12, 2011
J.K. Wall
The Thomson Reuters study that showed Anderson as the highest-spending health care market in the nation also concluded that treatment and spending vary widely from one locale to another with no clear reason based on demographics or health outcomes.
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Gloomy outlook for medical device makers

September 12, 2011
J.K. Wall
The next four years could be rough for makers of medical devices and orthopedic implants, including Bloomington-based Cook Medical Inc. and Warsaw-based Zimmer Holding Inc. and Biomet Inc.—and not because of the 2010 health reform law.
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Anderson's GM culture, poor health blamed for high medical costsRestricted Content

September 10, 2011
J.K. Wall
Residents of the Anderson area—when they paid with health insurance provided by an employer—spent 76 percent more on health care in 2009 than the average American with employer health insurance, highest among all metropolitan areas in the nation.
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Study: Hospital-doc hookups raising costs

August 22, 2011
J.K. Wall
Indianapolis doctor tell researchers that hospitals are paying more than $1 million a year to employ some cardiologists.
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Q&A

August 22, 2011
J.K. Wall
Angela Smith, an attorney for hospitals and physicians at Indianapolis-based Hall Render Killian Heath & Lyman P.C., spoke about Medicare’s value-based purchasing program, a federal initiative that will attempt to shift health care payments from the fee-for-service model to one based on health outcomes. On July 1, hospitals began being scored on their performance in 13 categories, including processes, patient outcomes and patient satisfaction surveys. How hospitals score could boost or diminish all their Medicare payments by as much as 1 percent, beginning in October 2012.
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Five individual insurers leaving Indiana

August 8, 2011
J.K. Wall
Hartford-based Aetna Inc. and Philadelphia-based Cigna Corp., the nation’s third- and fifth-largest health insurers respectively, have announced their departure from Indiana’s individual health insurance market.
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WellPoint fails to profit on consumer pullback

August 1, 2011
J.K. Wall
With recession-weary Americans going to the doctor less, health insurer WellPoint Inc. should be enjoying higher profits. But it isn’t working out that way.
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Consumers grow allergic to health care costs

August 1, 2011
J.K. Wall
Deloitte found that 20 percent of consumers have cut back on health care spending and 75 percent say the economic slowdown has had some impact on their willingness to spend on health care.
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Exchange could snag 1.1M Hoosiers

July 18, 2011
J.K. Wall
An estimated 1.1 million Hoosiers will obtain health insurance through a yet-to-be-created online exchange, according to the latest estimates from the task force guiding Indiana’s response to the 2010 health reform law.
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CBO: No great savings from health reform

July 18, 2011
J.K. Wall
Don’t expect the health reform law to tame health care costs. That’s the conclusion of the director of the Congressional Budget Office, who also suggested some of the simplest ways to moderate costs would be to roll back some of its key provisions.
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Riverview scoops up doctors from American Health NetworkRestricted Content

July 16, 2011
J.K. Wall
Nine family-practice doctors are set to leave their large physician group and join Noblesville's Riverview Hospital, more than tripling their revenue-generating potential.
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Study: Medicaid better than nothing

July 11, 2011
J.K. Wall
Health care reform will add roughly 500,000 Hoosiers to the Medicaid program and, in spite of great criticism of that expansion, a new study suggests Medicaid coverage does help consumers get more care, have fewer unpaid bills and feel better.
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Employers face messy decision to drop health insuranceRestricted Content

July 9, 2011
J.K. Wall
Companies that drop insurance coverage could, without spending any more money than they are now, give workers an 11-percent raise or else help them save as much as $2,000 per year buying health coverage in one of the exchanges, IBJ calculations show.
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STUMPP: Docs' loss of independence driving up health care costsRestricted Content

July 9, 2011
Don Stumpp / Special to IBJ
The fact is that hospitals are paid three to four times for physician ancillary services.
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