Health Care

Indy Chamber of Commerce endorses smoking ban

October 26, 2009
Cory Schouten
The Indianapolis Chamber of Commerce is throwing its weight behind a tougher workplace smoking ban up for consideration tonight by the City-County Council.
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Goodwill executive to lead national health care boardRestricted Content

October 24, 2009
Scott Olson
Goodwill Industries executive Keith Reissaus has been tapped to run Washington, D.C.-based Leapfrog Group, an industry coalition. Reissaus gained control of health care costs by giving employees incentives to care about their health.
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KATTERJOHN: Get out and vote for WishardRestricted Content

October 24, 2009
Chris Katterjohn
You know, there’s an election on Nov. 3, right? We’re not voting for president, governor, mayor, or even dog catcher. We’re voting for a critical piece of the health care delivery system in central Indiana: whether to allow Marion County Health & Hospital Corp. to sell bonds to build a new Wishard Hospital.
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Lilly needs to sell more Effient before Zyprexa loses patent protectionRestricted Content

October 24, 2009
J.K. Wall
Sales of Eli Lilly and Co.’s newest drug were an afterthought during its Oct. 21 report on third-quarter earnings. The blood thinner Effient totaled up $22.6 million in sales—a mere 0.4 percent of Lilly’s total for the quarter.
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Lilly settles Zyprexa case with S. Carolina for $45M

October 23, 2009
 IBJ Staff and Associated Press
South Carolina Attorney General Henry McMaster said Friday that the state has reached a $45 million settlement with drug maker Eli Lilly and Co. over the company's marketing of an anti-psychotic drug.
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Eli Lilly CEO banking on new drug pipeline

October 22, 2009
Associated Press
CEO John Lechleiter says Lilly's pipeline has helped it rebound from significant patent losses three times during his 30-year career at the company. He's betting there will be a fourth.
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Lilly, GE announce cancer diagnostic breakthrough

October 21, 2009
J.K. Wall
Eli Lilly and Co. and General Electric Co. say they've made a breakthrough in cancer research that could help Lilly cut the size and cost of its clinical trials.
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Lilly reports $942 million profit in third quarter

October 21, 2009
J.K. Wall
Excluding special items, Eli Lilly and Co.'s earnings per share spike 22 percent on the strength of Alimta, Cymbalta and Humalog sales. Lilly's revenue rose 7 percent in the quarter over the same period of 2008, to $5.56 billion.
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Medco plans to compare Plavix, Effient in study

October 20, 2009
 IBJ Staff and Associated Press
Medco Health Solutions Inc. said Tuesday it will compare the blood thinner Plavix, the world's second-best selling drug, with Effient, a potential blockbuster drug sold by Indianapolis-based Eli Lilly and Co.
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Cook calls for new approach to health reform

October 20, 2009
J.K. Wall
Founder of medical device firm says Congress should fund network of low-cost clinics.
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SMITH: Cut health care costs by limiting malpractice lawsuitsRestricted Content

October 17, 2009
Debra A. Smith
A peer-review panel of experts would help minimize unnecessary medical malpractice suits.
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Power Breakfast panel debates health care reform

October 17, 2009
As health care legislation continues to wend its way through Congress, Indianapolis-area industry leaders still harbor strong opinions about the issue. Five industry insiders discussed how to improve the health care system during IBJ’s Power Breakfast Sept. 25 at the Westin Indianapolis.
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KALSCHEUR: Doctors eye precautions as reform gains steamRestricted Content

October 17, 2009
Michael Kalscheur
Doctors are considering their options as health care reform gains momentum.
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Endocyte receives $26M infusion from investors

October 16, 2009
West Lafayette-based Endocyte Inc. announced Friday that it has closed on $26 million in equity financing to help the company continue developing cancer-fighting drugs.
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State's health IT groups seek stimulus funds

October 16, 2009
Some of Indiana's leading organizations in health information technology are collaborating on an effort to receive several million dollars of stimulus funding.
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Lilly to sell Lafayette plant to German firm

October 14, 2009
J.K. Wall
Nearly 700 workers will be offered severance, new jobs
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Indiana Health Information Exchange lands big insurer

October 13, 2009
J.K. Wall
UnitedHealthcare has become the second health insurer to join Quality Health First, a pay-for-performance program operated by the Indiana Health Information Exchange, the exchange announced Tuesday.
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Proposed Fishers medical park faces uncertain demandRestricted Content

October 10, 2009
Scott Olson
The business park would encompass about 900 acres on the town’s northeast side and require rezoning of much of the land, from residential and agriculture to commercial.
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Baucus health reform bill would stick Indiana companies with fees

October 10, 2009
 IBJ Staff
The health reform bill sponsored by U.S. Sen. Max Baucus, D-Mont., would help pay for expanded health insurance coverage by levying fees of $13 billion a year on the health care industry. The fees would deliver a hefty bill to just about all of Indiana’s major health care companies. But how they’re reacting to the fees is all over the map.
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New Community Hospital East president pursues care for all

October 10, 2009
Jo Ellen Meyers Sharp
The new president of Community Hospital East says her job is all about health—the health of not just patients, but the entire neighborhood.
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WellPoint shares partially recover after Thursday plunge

October 9, 2009
J.K. Wall
Shares of WellPoint Inc. partially recovered Friday morning after a plunge was touched off Thursday by gathering momentum behind health care reform and talk of a windfall-profit tax by Speaker of the House Nancy Pelosi.
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Lilly settles Zyprexa suit with S. Carolina

October 7, 2009
 IBJ Staff
Eli Lilly and Co. has agreed to settle the State of South Carolina's lawsuit that claimed Lilly improperly marketed the antipsychotic drug Zyprexa, according to Bloomberg News.
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Indiana hospitals settle Medicare lawsuit

September 30, 2009
 IBJ Staff
Six hospital systems, including three in Indiana, have agreed to pay the federal government $8.3 million to settle a whistleblower lawsuit alleging the hospitals deliberately overcharged Medicare for routine back surgeries.
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Region below average on Obama's health care cost measureRestricted Content

September 26, 2009
J.K. Wall
The tool the administration is using to measure waste shows that expenses in Indianapolis might be low enough not to get whacked. But the region isn’t performing so well that it’s likely to get much praise, either.
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St. Francis resumes work on $265M project

September 24, 2009
J.K. Wall
With its financial performance exceeding expectations, St. Francis Hospital & Health Centers will resume construction on a $265 million, 221-bed patient tower at its Indianapolis campus, the hospital system announced Thursday.
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  1. How can any company that has the cash and other assets be allowed to simply foreclose and not pay the debt? Simon, pay the debt and sell the property yourself. Don't just stiff the bank with the loan and require them to find a buyer.

  2. If you only knew....

  3. The proposal is structured in such a way that a private company (who has competitors in the marketplace) has struck a deal to get "financing" through utility ratepayers via IPL. Competitors to BlueIndy are at disadvantage now. The story isn't "how green can we be" but how creative "financing" through captive ratepayers benefits a company whose proposal should sink or float in the competitive marketplace without customer funding. If it was a great idea there would be financing available. IBJ needs to be doing a story on the utility ratemaking piece of this (which is pretty complicated) but instead it suggests that folks are whining about paying for being green.

  4. The facts contained in your post make your position so much more credible than those based on sheer emotion. Thanks for enlightening us.

  5. Please consider a couple of economic realities: First, retail is more consolidated now than it was when malls like this were built. There used to be many department stores. Now, in essence, there is one--Macy's. Right off, you've eliminated the need for multiple anchor stores in malls. And in-line retailers have consolidated or folded or have stopped building new stores because so much of their business is now online. The Limited, for example, Next, malls are closing all over the country, even some of the former gems are now derelict.Times change. And finally, as the income level of any particular area declines, so do the retail offerings. Sad, but true.

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