Health Care & Life Sciences

Ascension hospitals pledge 549 more service center jobs

December 18, 2013
J.K. Wall
Even though St. Louis-based Ascension Health cut nearly 900 jobs this year from its Indianapolis-based hospital subsidiary, St. Vincent Health, it wants to add 549 more to its service center here by 2016.
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Two new studies debunk benefits of multivitamins

December 18, 2013
Associated Press
There's more disappointing news about multivitamins: Two major studies found popping the pills didn't protect aging men's brains or help heart attack survivors.
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Hospitals slow to embrace future, survey finds

December 16, 2013
J.K. Wall
Hospital executives, in spite of mounting financial pressures under their older business models, are stepping cautiously into the future, with nearly half opting against new accountable care business models touted by Obamacare.
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Renowned architects creating unique park at Eskenazi HospitalRestricted Content

December 14, 2013
Lou Harry
Eskenazi Health leadership's desire to connect the diversity of its hospital's population through a healing park drew in a landscape architect firm that is not only one of the top in the country, but also one of the hottest architecture firms in the world.
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Cummins plans wellness center for employees

December 13, 2013
Associated Press
The facility in Columbus would be the first of its kind for the company. Should the concept prove successful, Cummins will consider similar arrangements in other areas with Cummins plants, said Dr. Dexter Shurney, chief medical officer for Cummins.
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Lilly foe still testing Alzheimer's theory where others failed

December 12, 2013
Bloomberg News
Since 1998, there have been more than 100 attempts to develop an Alzheimer’s treatment, and all have failed. Such a product may generate as much as $5 billion annually for Merck, according to analysts
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FDA approves first generic versions of Lilly's Cymbalta

December 11, 2013
Associated Press
Cymbalta is Eli Lilly and Co. Inc.'s best-selling drug and posted 2012 sales of $4.7 billion, making it the fifth-highest selling medication in the world. The drug's patent expired Wednesday.
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Obamacare exchange enrollment reaches 3,500 in Indiana

December 11, 2013
J.K. Wall
Enrollment in November was about four times faster than in October, but it will need to be about 12 times faster through the end of March to meet federal projections.
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Indiana extends Healthy Indiana Plan through April

December 10, 2013
Associated Press
The Family and Social Services Administration announced Tuesday it is extending its Healthy Indiana Plan to participants who earn between 100 percent and 200 percent of the federal poverty level.
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IU seeks proposals for Evansville medical facility

December 10, 2013
Associated Press
The university's existing Evansville campus serves students for two years. The new site would allow students to finish their medical education in Evansville.
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Lilly set to fall off second patent cliff

December 9, 2013
J.K. Wall
Eli Lilly and Co. on Wednesday will fall off its second “patent cliff” in as many years as its best-selling drug Cymbalta sees its U.S. patents expire.
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Costs of rare November storms, tornadoes top $1 billion

December 9, 2013
Bloomberg News
Tornadoes and thunderstorms that swept across the U.S. Midwest last month will probably cost more than $1 billion in economic losses, led by damage in Illinois and Indiana, according to insurance broker Aon Plc.
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Hospital cuts create uncertain future for nurses

December 9, 2013
Associated Press
The new climate is a seismic change for many who got into nursing because for generations it had been a recession-proof career.
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Nearly 150 patients moved in hospital transition

December 7, 2013
Associated Press
Eskenazi admitted its first patients and the hospital it's replacing, Wishard Memorial, discharged its last Saturday as part of the transition between the two hospitals.
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Insurance bargain-hunters might miss out on subsidiesRestricted Content

December 7, 2013
J.K. Wall
Hoosiers who sign up for “zero premium” health insurance in the new Obamacare exchanges might end up leaving thousands of dollars on the table. An estimated 250,000 uninsured Hoosiers could qualify for health insurance in the Obamacare exchanges that would cost them nothing—at least upfront.
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IU Health could fall out of network for UnitedHealthcare

December 6, 2013
J.K. Wall
IU Health, the state's largest hospital system, and UnitedHealthcare, the state's second-largest health insurer, have been unable to come to terms on a new set of reimbursement contracts.
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Eskenazi Health hospital set to open Saturday

December 6, 2013
Associated Press
The new $754 million hospital is scheduled to begin accepting patients at 7 a.m. Saturday, which is one minute after Wishard Hospital will stop accepting patients.
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Skjodt donates $2M to Herron's art-therapy program

December 5, 2013
 IBJ Staff
The gift will endow a chair in the program, which is based at IUPUI and was developed with cooperation from the Indiana University School of Medicine. The two-year, full-time residential program is the only one of its kind in Indiana.
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Lilly depression drug fails to meet goals in studies

December 5, 2013
Bloomberg News
Edivoxetine, a derivative of Lilly's Strattera drug for attention deficit disorder, was in the final of three stages of testing usually required for marketing approval by U.S. regulators.
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Lilly invests in NY life sciences venture capital initiative

December 4, 2013
 IBJ Staff
Indianapolis-based Eli Lilly and Co. has joined two other companies to contribute $40 million to an early-stage life sciences venture capital initiative in New York City.
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Lilly called likely suitor for Novartis veterinary unit

December 3, 2013
Bloomberg News
Novartis AG’s animal-health business is drawing interest from drugmakers including Indianapolis-based Eli Lilly and Co. and Merck & Co. as the Swiss pharmaceutical giant prepares to sell the unit, people with knowledge of the matter said.
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Anthem, insurance trust create Obamacare alternative

December 2, 2013
J.K. Wall
Anthem Blue Cross and Blue Shield has teamed up with the Indiana Manufacturers Association to give small manufacturers an option to side-step one of Obamacare’s new community rating restrictions.
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Health law small-business insurance site delayed 1 year

November 27, 2013
Associated Press
The Obama administration is delaying yet another aspect of the health care law, putting off until next November the launch of an online portal to the health insurance marketplace for small businesses.
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IU Health latest to voice opposition to marriage amendment

November 26, 2013
IU Health, the state’s fourth-largest employer, said it was opposing a proposed amendment against same-sex marriage for health-related reasons.
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Survey: One-third of Hoosier workers in high-deductible plans

November 25, 2013
J.K. Wall
An annual survey by the benefits consulting firm Mercer found that, among 75 Hoosier employers, 34 percent of workers are already enrolled in consumer-directed health plans. And that number is only going to go up due to new Obamacare rules.
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  1. These liberals are out of control. They want to drive our economy into the ground and double and triple our electric bills. Sierra Club, stay out of Indy!

  2. These activist liberal judges have gotten out of control. Thankfully we have a sensible supreme court that overturns their absurd rulings!

  3. Maybe they shouldn't be throwing money at the IRL or whatever they call it now. Probably should save that money for actual operations.

  4. For you central Indiana folks that don't know what a good pizza is, Aurelio's will take care of that. There are some good pizza places in central Indiana but nothing like this!!!

  5. I am troubled with this whole string of comments as I am not sure anyone pointed out that many of the "high paying" positions have been eliminated identified by asterisks as of fiscal year 2012. That indicates to me that the hospitals are making responsible yet difficult decisions and eliminating heavy paying positions. To make this more problematic, we have created a society of "entitlement" where individuals believe they should receive free services at no cost to them. I have yet to get a house repair done at no cost nor have I taken my car that is out of warranty for repair for free repair expecting the government to pay for it even though it is the second largest investment one makes in their life besides purchasing a home. Yet, we continue to hear verbal and aggressive abuse from the consumer who expects free services and have to reward them as a result of HCAHPS surveys which we have no influence over as it is 3rd party required by CMS. Peel the onion and get to the root of the problem...you will find that society has created the problem and our current political landscape and not the people who were fortunate to lead healthcare in the right direction before becoming distorted. As a side note, I had a friend sit in an ED in Canada for nearly two days prior to being evaluated and then finally...3 months later got a CT of the head. You pay for what you get...

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