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Health Care
Indy is poster child (again) for medical arms race
April 16, 2012
J.K. WallIndianapolis was highlighted in a new national study because its hospitals have been particularly aggressive at expanding
their geographic reach—raising concerns among health insurers and even hospitals themselves that new medical facilities
and market power can only lead to higher prices.
MoreIs health care bubble about to burst?
April 16, 2012
J.K. WallCitigroup economist writes that U.S. health care sector "reminds us somewhat ominously of the bubble in housing finance"
because public spending is fueling private profits.
MoreQ&A
April 16, 2012
J.K. WallSam Gibbs is president of eHealth Government Solutions, part of California-based eHealthInsurance Services
Inc. The company, founded in 1997, pioneered the sale of health insurance over the Internet. Gibbs spoke about the options
for public and private health insurance exchanges, including the state-based exchanges mandated by the Patient Protection
and Affordable Care Act.
MorePoison pills remain as Lilly shareholder vote falls short
April 16, 2012
J.K. WallThe proposal garnered support from the owners of 62 percent of Eli Lilly's outstanding shares. To pass, the proposal needed
approval from the owners of 80 percent of Lilly’s shares.
MoreEndocyte could get $1B from Merck development deal
April 16, 2012
Associated PressEndocyte Inc. stock more than doubled in premarket trading after the company entered into an agreement to develop its ovarian
cancer treatment with pharmaceutical giant Merck & Co.
MoreLoss of St. Francis puts Beech Grove at crossroads
April 14, 2012
Cory SchoutenThere is a mix of sadness, grief and anger in Beech Grove, as Franciscan Alliance moves the last of its inpatient and emergency
operations from its nearly 100-year-old Beech Grove hospital to the new Franciscan St. Francis facility at Stop 11 Road and
Emerson Avenue.
MoreLilly CEO says cost-cutting won’t solve sales losses
April 13, 2012
Bloomberg NewsEli Lilly and Co., facing generic competition to two of its top drugs, needs to rely on new medicines rather than cost-cutting
to overcome the revenue loss, CEO John Lechleiter said Thursday in Boston at the annual meeting of the Pharmaceutical Research
and Manufacturers of America.
MoreCook Group acquires local biotech company
April 9, 2012
IBJ StaffBloomington-based medical device maker Cook Group has acquired General BioTechnology LLC, an Indianapolis biotech company
with about 20 employees, Cook Group announced Monday.
MoreNew Lilly drug has small sales potential
April 9, 2012
J.K. WallEli Lilly and Co.’s newest drug is a boon for Alzheimer’s research but is likely to bring the Indianapolis drugmaker
less than $100 million in annual sales—at least initially, according to one of the few analysts to make a forecast.
MoreSt. Vincent nears another 'merger'
April 9, 2012
J.K. WallThe Indianapolis-based hospital system is working with Evansville-based St. Mary's Health System to mesh some of their
corporate operations.
MoreLilly wins FDA approval for Alzheimer's imaging agent
April 9, 2012
J.K. WallThe agent, called Amyvid, is not expected to produce high-dollar sales for Lilly, but it could help to identify patients with
Alzheimer’s—and those without it—earlier, perhaps improving treatment and focusing research efforts.
MoreBiomet offers to acquire DePuy trauma biz for $280M
April 3, 2012
IBJ Staff and Bloomberg NewsWarsaw-based Biomet, which designs and manufactures orthopedic products for surgical and non-surgical uses, said the deal
would greatly expand its sports, extremities and trauma business.
MoreHealth care real estate owner takes over management of 29 buildings
April 3, 2012
Tom HartonHealthcare Trust of America now handles property management and leasing for 29 buildings formerly managed by Hokanson Cos.
MoreFirstPerson buys FlashPoint HR unit
April 2, 2012
J.K. WallIndianapolis-based benefits brokerage FirstPerson acquired the small-employer human resource division of Indianapolis-based
consulting firm FlashPoint last week in a bid to provide a wider array of services to small businesses.
MoreSupreme skepticism boosts WellPoint stock
April 2, 2012
J.K. WallWall Street's favorable reaction came not only because harsh questioning by the U.S. Supreme Court’s conservative
justices put in doubt the health reform law’s mandate that all Americans buy health insurance, but also because the
justices raised the possibility that they would strike down requirements that insurers accept all customers, regardless of
health.
MoreExpress Scripts-Medco deal approved by U.S. regulators
April 2, 2012
Bloomberg NewsExpress Scripts Inc.’s $29.1 billion bid for rival drug benefit manager Medco Health Solutions Inc. won unconditional
approval from U.S. antitrust regulators, clearing the way to create the biggest manager of prescription-drug benefits for
corporate and government clients.
MoreCarmel man charged with defrauding Medicaid of $1M
March 30, 2012
Businessman Donald Hamilton faces one count of health care fraud, five counts of false statements in a health care matter
and two counts of money laundering. He faces a maximum sentence of 55 years if convicted on all counts.
MoreIndy lab company secures $30M seed investment
March 30, 2012
J.K. WallIndianapolis-based Strand Diagnostics LLC will receive up to $30 million in investment capital over the next three years from
Los Angeles-based NantWorks LLC, a seed-stage investment firm, the companies announced this week.
MoreRoche's downsizing to claim about 80 local IT workers
March 29, 2012
IBJ StaffRoche Diagnostics Corp. plans to eliminate about 80 information technology jobs at its Indianapolis-area campus over the next
two years, the company said Thursday morning.
MoreSupreme Court can't stop 'reform'
March 26, 2012
J.K. WallLeaping costs, aging populace and cash-strapped consumers will drive reform in health care industries even if court strikes
down law.
MoreCommunity to expand Heart Hospital
March 26, 2012
J.K. WallCommunity Health Network will break ground this month on a $6.9 million, 4,600-square-foot expansion of its Indiana Heart
Hospital, adding two operating rooms.
MoreIU contemplates new 'campus' for health schools
March 24, 2012
J.K. WallAn idea being kicked around the halls of IUPUI would split off the schools of medicine, nursing, dentistry, optometry, health
sciences and social work into a separate administrative unit, based in Indianapolis.
MoreCourt: Indiana can't deny welfare without reason
March 22, 2012
Associated PressThe Indiana Supreme Court said Thursday that the state Family and Social Services Administration can't deny Medicaid,
food stamps or welfare to people without first doing a better job of telling them why.
MoreInsurers speed health care overhaul preparations
March 22, 2012
Associated PressThe nation's big insurers are spending millions to carry out President Barack Obama's health care overhaul even though
there's a chance the wide-reaching law won't survive Supreme Court scrutiny.
MoreLilly to focus on cancer, diabetes in China, CEO says
March 20, 2012
Bloomberg NewsIndianapolis-based Eli Lilly and Co. will introduce “over a dozen” new products in China in the next five years,
focusing on “unmet needs” such as cancer and diabetes, CEO John Lechleiter said this week.
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See, I told u Indyman and Dipsicle....this 8 days is overkill. It's barely worth a weekend....great job Tony George! Your dream has been fulfilled....he fans want the I r l back. Thats how good it was.....and that sucked.
I have been in training for a short time now but right off I can see that safety and quality are the number one issues, my experience as of late has been a positive one, the employees along with Jeff the plant manager and the operation supervisor as well as the engineers are a highly motivated group of people, what an asset for the area to have and for company's in need of a quality metal products.
Pimlico
While I understand the severity of their actions as well as everyones eagerness to hold them responsible for thier lost funds, these gentlemen did know how to make money. Dispite thier poor decisions over the ownership of Fair they had made several wise investments which paid them greatly. This proves they do have the potential to rebuild so they can repay. I do not feel they should live the life of luxuary but given an opportunity could they find ways of repaying the debts? They are doing nothing now but being a burden on tax payers. Just a thought!!!!!
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.