Health Care

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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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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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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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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Owners, developers see silver lining in health care real estate

February 9, 2010
Tom Harton
Health care real estate has survived the nation’s weak economy better than most sectors, and some owners and developers think it’s positioned to thrive.
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Cardinal Health laying off 49 at local warehouse

February 8, 2010
 IBJ Staff
Cardinal Health notified the state on Feb. 3 that it laid off 37 workers at the end of January and plans to lay off 12 more effective April 3.
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Enzon Pharmaceuticals sells Indy drug plant; 100 local jobs safe

February 1, 2010
New Jersey-based Enzon Pharmaceuticals Inc. has sold its Indianapolis plant that manufactures specialty drugs in a deal that could top $300 million. The buyer says that the operations, which employ about 100, will remain in the city.
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Federal rule tied to electronic medical records panned

January 30, 2010
J.K. Wall
The government has erected a high fence around a pot of $27 billion available to doctors and hospitals that successfully computerize their patient records by next year, sparking complaints.
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Health care reform will go on regardless of federal government

January 30, 2010
 IBJ Staff
Massachusetts’ election of a Republican senator has put health reform legislation on life support. But for the health care industry, reform is a reality that isn’t going to die.
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Lilly shares trade down after fourth-quarter profits falls

January 28, 2010
J.K. Wall
Analysts worry about dive in already paltry sales of new blood thinner Effient
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Accounting charge dents Zimmer's fourth-quarter profits

January 28, 2010
J.K. Wall
But excluding special charges, Warsaw-based orthopedic implant maker grows profits 5 percent, easily beating expectations of Wall Street.
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Indiana GOP wants to block federal health reform mandates

January 23, 2010
 IBJ Staff
Republicans in the Legislature have joined their counterparts in 25 other states in trying to prevent key aspects of reform from taking effect in Indiana.
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Senate bill would snuff out Indiana's smoking-cessation agency

January 22, 2010
Peter Schnitzler
Anti-tobacco advocates worry cost-cutting move could seriously diminish state's efforts to curb Hoosier tobacco use.
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Adversity prepared health exec for new role at helm of SynCare

January 9, 2010
J.K. Wall
Stephanie DeKemper believes everything in her adult life has prepared her to run SynCare LLC. She’s so sure that she’s buying the company.
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Doctors resume battle with Anthem, health insurersRestricted Content

January 9, 2010
J.K. Wall
Doctors are pushing again to strengthen their hands in contract negotiations with health insurers, especially market leader Anthem Blue Cross and Blue Shield.
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FDA cancels meeting to review Lilly's Cymbalta

January 5, 2010
Associated Press
The agency said the meeting was canceled "to allow time for the FDA to review new information" about a proposed new use for the drug.
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Grass-roots groups prepare to fill gaps in health care reform

January 2, 2010
J.K. Wall
Legislation set to come out of Washington will not change the most fundamental problems of the health care system, leaving it up to states, cities and companies to figure out what to do about it.
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Indiana nears 1M mark in swine-flu vaccinations

December 31, 2009
Associated Press
So far this year, 35 people have died in Indiana from swine flu.
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To keep sales force busy, Lilly takes on new drug

December 24, 2009
J.K. Wall
Eli Lilly and Co. has bought the rights to co-market a new cholesterol-fighting drug in the U.S., giving it a third heart drug for sales personnel to push.
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Judge fines woman waging Web war against plastic surgeon

December 19, 2009
 IBJ Staff
Judge Sarah Evans Barker declared a Massachusetts woman in contempt of court for failing to remove her negative Internet postings about an Indianapolis cosmetic surgeon.
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Hoosier biz groups oppose Senate health bill

December 18, 2009
J.K. Wall
Group presidents tell Indiana senators that the reform bill would expand dysfunctions of current health care systems.
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Health care issues haven't changed much

December 12, 2009
[In response to Chris Katterjohn’s Nov. 21 column] In ’73 I was a grad student in a master’s health care management program and the same issues were the topic of the day, especially in the econ class.
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Health care reform would push state to hike Medicaid pay to docs

December 12, 2009
 IBJ Staff
An actuarial report prepared by the local office of Milliman Inc., a Seattle-based consulting firm, projects that the state of Indiana would have to hike its Medicaid payments by one-third in order to entice more doctors into the program.
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Dormir acquires two sleep companies

December 11, 2009
J.K. Wall
Carmel firm using $12 million in venture capital for buying spree is now nation's second-largest operator of sleep centers.
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