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Health Care
WellPoint profit falls but exceeds Wall Street expectations
July 27, 2011
J.K. WallIndianapolis-based WellPoint earned $702 million in the latest quarter after earning $722 million a year ago. It also raised
its full-year profit forecast.
MoreWellPoint insures two-thirds of Hoosier workers
July 25, 2011
J.K. WallIndianapolis-based WellPoint claimed 63 percent of all employees covered by small-group employers and 66 percent of the workers
at large-group employers, according to Seattle-based actuarial firm Milliman Inc.
MoreLilly stock rises after drugmaker reports higher sales
July 21, 2011
Investors responded favorably Thursday to Eli Lilly and Co.’s surprisingly strong second-quarter revenue, even though
its profit fell due to rapid spending on marketing and research.
MoreUPDATE: Medco acquisition could lead to local consolidation
July 21, 2011
IBJ Staff and Bloomberg NewsIt’s not yet clear how Express Scripts Inc.’s $29.1 billion acquisition of rival Medco Health Solutions will affect
the companies’ central Indiana operations—or their 800-plus employees at two facilities here.
MoreLilly profit falls, but forecast rises after second quarter
July 21, 2011
J.K. WallSecond-quarter profit fell at Eli Lilly and Co., but the Indianapolis drugmaker beat the estimates of Wall Street analysts
by a penny per share and raised its full-year profit forecast by as much as 10 cents per share.
MorePrimary care gets a new approach: prevention
July 20, 2011
Associated PressA budding model for primary care that encourages the family doctor to act as a health coach who focuses as much on preventing
illness as on treating it has shown promising results and saved insurers millions of dollars.
MoreNot-for-profits vying with WellPoint may get $3.8B in loans
July 18, 2011
Bloomberg NewsNot-for-profits that compete with insurers such as WellPoint Inc. are eligible for $3.8 billion in U.S. financing under the
health law, and the government expects more than a third of the loans not to be repaid.
MoreExchange could snag 1.1M Hoosiers
July 18, 2011
J.K. WallAn 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.
MoreCBO: No great savings from health reform
July 18, 2011
J.K. WallDon’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.
MoreFDA says potential diabetes drug may cause cancer
July 18, 2011
Bloomberg NewsDapagliflozin would be the first in a new class of diabetes treatments called SGLT2-inhibitors that work by letting patients
excrete excess blood sugar in their urine. Indianapolis-based Eli Lilly and Co. is among several companies pursuing similar
drugs.
MoreRiverview scoops up doctors from American Health Network
July 16, 2011
J.K. WallNine family-practice doctors are set to leave their large physician group and join Noblesville's Riverview Hospital, more
than tripling their revenue-generating potential.
MoreLilly's Cialis finally overtakes Viagra
July 11, 2011
J.K. WallWhy do drugmakers still pursue so many me-too drugs? Because, if marketed well, they can be extremely lucrative. Just ask
Eli Lilly and Co. about its drug Cialis.
MoreStudy: Medicaid better than nothing
July 11, 2011
J.K. WallHealth 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.
MoreEmployers face messy decision to drop health insurance
July 9, 2011
J.K. WallCompanies 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.
MoreSTUMPP: Docs' loss of independence driving up health care costs
July 9, 2011
Don Stumpp / Special to IBJThe fact is that hospitals are paid three to four times for physician ancillary services.
MoreHendricks Regional, YMCA debut fitness center
July 9, 2011
Marc D. AllanPartnership combines wellness, hospital services.
MoreJ&J completes sale of animal-drug business to Lilly
July 7, 2011
Associated PressJanssen Pharmaceutica said Thursday it has completed the sale of its animal health business to Eli Lilly and Co. Inc.
MoreAdvanced Physical Therapy acquired by Illinois company
July 6, 2011
Bolingbrook, Ill.-based ATI Physical Therapy has acquired Advanced Physical Therapy, which has 175 employees and ranks among
the city's largest operators of physical therapy clinics.
MoreLilly loses bid to end revived Zyprexa U.K. patent case
July 5, 2011
Bloomberg NewsThe High Court in London on Tuesday denied Lilly’s request for a judgment without trial against Neopharma Ltd., the
closely held company that has European marketing rights for the generic version of the drug known chemically as olanzapine.
MoreIU Health loses CFO to larger hospital system
July 1, 2011
J.K. WallMarvin Pember, 58, is taking a new job near Philadelphia as the president of the acute care division of Universal Health Services
Inc., a publicly traded company with 22 acute hospitals and numerous behavioral health centers spread from coast to coast.
MoreFuture bleak for Arcadia as cash crunch forces sale of business unit
June 29, 2011
J.K. WallIndianapolis-based Arcadia Resources Inc.’s auditor issued a “going-concern” warning Tuesday in the once-promising
company’s annual report.
MoreCommunity Health eyes expansion as it closes Westview merger
June 28, 2011
J.K. WallAs part of its agreement to add Westview Hospital to its system, Community Health Network will assume $10 million in debt,
spend $7.5 million on upgrades, and help open an outpatient center in Speedway, the two hospitals announced Tuesday morning.
MoreHow to sell Martinsville to MDs
June 27, 2011
J.K. WallHelp with physician recruitment is a big factor pushing small-city hospitals into the arms of Indianapolis’ four major
hospital systems. So how do the big boys entice doctors to the small towns?
MoreQ&A
June 27, 2011
J.K. WallJim Alender has been CEO of Howard Regional Health System in Kokomo since 1997. He recently negotiated a letter of intent to merge the hospital with Indianapolis-based Indiana University Health. He spoke about the major factors that led to that decision, and the benefits he hopes to come from it. The deal, which still requires approval from Howard County officials, could close before the end of this year.
Zyprexa appeal rejected by Supreme Court
June 27, 2011
Bloomberg NewsThe U.S. Supreme Court has refused to revive a bid to press a $6.8 billion class-action suit against Eli Lilly and Co. over
the marketing of Zyprexa, the company’s schizophrenia treatment.
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It's also across the street from Fogo de Chao and Morton's....
Yep, the haters are trying to make good news bad. I guess it is hard to get people to believe the series is dying when they are gaining new sponsors.
David Copperfield! I remember watching his specials on TV when I was little.
Don't forget this is next to an MMA gym, a pawn shop, and some abandoned spaces.
Good project for Zionsville - A group who has owned the property for many years has waited and worked patiently to bring highest and best use development to a major corridor, and mix that in with the great downtown you have. Win Win. All the Best to Pittman Partners and Zionsville.