February 18, 2013
J.K. WallThe new partnership between Community Health Network and Wishard Health Services could put a third health care entity in an
awkward position: the Indiana University School of Medicine. Virtually all of the nearly 1,100 physicians who practice at
Wishard Memorial Hospital and its community clinics come from the IU medical school.
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February 18, 2013
J.K. WallHalf of the candidates to replace retiring dean Dr. Craig Brater are from the IU medical school and the other half are outsiders,
according to a release issued Monday by the Indiana University School of Medicine.
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February 18, 2013
J.K. WallCommunity Health Network’s new partnership with Wishard Health Services will create a primary-care behemoth that the
systems argue will put them in the best position possible to handle the changes coming from federal health reform.
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February 18, 2013
J.K. WallThe partnership will create a new board to oversee and coordinate the operations of both systems, according to internal messages
sent to Community stakeholders. Community Health CEO Bryan Mills will be the CEO of the new joint-operating entity.
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February 16, 2013
J.K. WallAnthem Blue Cross and Blue Shield has selected Community Health Network to be the “exclusive provider” for a new
kind of health insurance plan—a sharp departure from Anthem’s typical strategy of offering the broadest network
of hospitals and doctors.
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February 15, 2013
Bloomberg NewsFormer Amerigroup Corp. CEO James Carlson will leave WellPoint Inc., the company said Friday—three days after he was
passed over for the Indianapolis-based insurer's top job.
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February 14, 2013
IBJ Staff and Associated PressDiagnostic products maker Qiagen NV said Wednesday that it will work with Eli Lilly and Co. to develop new tests that could
identify patients who could be helped by Lilly's drugs.
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February 13, 2013
J.K. WallThe Indianapolis-based health insurer saw its stock tumble as much as 4.8 percent Wednesday morning after it unexpectedly
named career hospital executive Joe Swedish to be its next CEO.
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February 12, 2013
J.K. WallJoe Swedish, CEO of Michigan-based Trinity Health since December 2004, will replace Angela Braly, who was forced out in August.
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February 11, 2013
J.K. Wall
Don Kelso is executive director of the Indiana Rural Health Association. The trade group is trying to help
its members navigate the changes coming from health care reform and the financial pressures being created by federal budget
cuts. The association recently launched a service for its members called SuiteStats, which is data-management software to
help hospital executives identify areas ripe for cost-cutting.
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February 11, 2013
J.K. Wall
Up until now, Gov. Mike Pence and his fellow Republicans in the Legislature have been playing a game of poker with the Obama
administration over a potential expansion of Indiana’s Medicaid program. But all of a sudden, Indiana’s hand just
got quite a bit weaker.
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February 11, 2013
J.K. WallTo understand why Indiana’s life sciences entrepreneurs are frustrated with the flow of venture capital, look no further
than this statistic from a recent PricewaterhouseCoopers report: 2012 was the slowest year for first-time life sciences investment
since 1995.
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February 9, 2013
J.K. WallAcross the four largest hospital systems in central Indiana, six physicians received more than $1 million in compensation
in 2011 while two others received more than $900,000 and nine others received $700,000 or more, according to the hospitals’
most recent reports to the IRS.
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February 8, 2013
Associated PressDemocratic leaders in the Indiana General Assembly are seeking expanded Medicaid coverage with the argument that it will lower
health care costs statewide.
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February 7, 2013
Bloomberg NewsEli Lilly said it is halting testing of experimental drug tabalumab because the studies show the medicine is not effective.
The company said it expects to take a $50 million charge in the first quarter related to the research expenses from the drug.
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February 7, 2013
IBJ StaffElona Biotechnologies Inc., which has been struggling to repay Greenwood for more than $8 million in economic development
incentives, says it has solution to its financial problems.
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February 6, 2013
Associated PressGov. Mike Pence said Wednesday that he has ruled out expanding Medicaid under the federal health care law unless Indiana gets
approval to use state health savings accounts for the expansion.
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February 4, 2013
J.K. WallWith Eli Lilly and Co. set to see patents expire on its best-selling drug at year’s end, it is in the company’s
interest to say its pipeline is about to produce new drugs. But the Indianapolis drugmaker may be in a position to submit
five new drugs for regulatory approval this year.
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February 4, 2013
J.K. WallIn the era of health care reform, hospitals will face two new challenges: They will need to run higher-volume, lower-margin
businesses, and they’ll be on the hook financially for what patients do even when they’re not receiving health
care. Community Health Network’s new partnership with Walgreens’ Take Care Clinics is designed to help address
both issues.
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February 2, 2013
J.K. WallFrustrated by up-and-down state funding for startup life sciences companies, industry leaders are talking up a plan to create
a dedicated funding stream that could total $30 million a year.
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February 2, 2013
Hall Render Killian Heath & Lyman will draw on existing expertise within the firm to create the 10-member group.
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January 31, 2013
IBJ StaffFourth-quarter profit fell 2 percent at Zimmer Holdings Inc. due to large accounting charges, but still beat the estimates
of Wall Street analysts.
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January 29, 2013
Associated PressAn Indiana Senate committee has backed tougher limits on quantities consumers may buy of cold medications that can be used
to make methamphetamine.
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January 29, 2013
J.K. WallPrice increases and sales gains helped Eli Lilly and Co. offset declining revenue from its former blockbuster Zyprexa in the
fourth quarter, allowing the company to beat analysts' expectations and raise its 2013 profit forecast.
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January 29, 2013
Indianapolis-based Pearl Pathways, founded by two former Eli Lilly employees, plans to move into new space in March and add
the jobs by 2016.
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Sounds like angie's list could have benefitted from some sort of internet based service that rates various providers of services...anybody know of any?
These are the same CEO's who complain about working-class people who unionize and negotiate decent pay and benefits for the people who make businesses run.
Are millions in Angie's List advertising expenses going into CEO Bill Oesterle pocket also? http://advanceindiana.blogspot.com/2013/05/ibj-exposes-self-dealing-by-angies-list.html?utm_source=twitterfeed&utm_medium=twitter
This is actually worse than is being reported. The properties were gifted to Oesterle with more than $4.6 million dollars in taxpayer money. So not only is he screwing his shareholders with inflated sale prices, but he is double dipping considering Mayor Ballard gifted him all the money to buy the property. Guess being politically connected (Campaign chairman to Mitch Daniels) gives you a license to steal and a get out of jail free pass. http://www.ibj.com/city-will-give-angies-list-46-million-for-real-estate/PARAMS/article/28944
A non-compete clause is expected to keep Buchman from appearing on-air at WTHR for a year from the WISH contract’s expiration.