Health Care & Insurance

Duke/Browning team to develop building at new Wishard

December 28, 2010
Tom Harton
The team, which plans to build an office building in the 200,000-square-foot range, beat out six other groups that submitted proposals.
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Clarian moves forward with downtown expansion

December 24, 2010
J.K. Wall
Clarian Health, after the 2008 financial meltdown forced it to halt its aggressive building campaign, put the hard hats back to work in 2010.
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Clarian, Morgan clear way for merger

December 22, 2010
J.K. Wall
The merger of Morgan Hospital & Medical Center into Clarian Health got the go-ahead from all parties in the past week, opening the way for Morgan to bring on new doctors to its facilities.
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Zimmer looks to China to reignite growth

December 22, 2010
J.K. Wall
Zimmer Holdings Inc. completed an acquisition in China on Tuesday, but recession hangovers in the United States and Europe are trumping all other factors and keeping the company’s growth bottled up for now.
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WellPoint’s New York rate hike to face scrutiny

December 21, 2010
Bloomberg News
WellPoint Inc. and other U.S. health insurers will have to provide justification for any increases to customers’ premiums of more than 10 percent next year, according to federal regulations published Tuesday.
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Lilly Endowment gives $35M to start pharmacy school

December 20, 2010
J.K. Wall
Manchester College will use money to launch the state's third program offering doctorates in pharmacy.
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Conseco name lives on at downtown arena

December 18, 2010
Anthony Schoettle
CNO Financial Group appears to have backed away from plans to change the name of the Indiana Pacers home it sponsors, Conseco Fieldhouse, even though the company no longer uses the Conseco name.
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Clarian off to slow start in insuranceRestricted Content

December 18, 2010
J.K. Wall
Clarian Health got few takers in its first year offering a health care benefits program to large employers, but the Indianapolis-based hospital system is undeterred in growing its budding insurance services business.
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OneAmerica moves beyond small employers, eyes big retirement plansRestricted Content

December 18, 2010
J.K. Wall
OneAmerica Financial Partners Inc. last month launched an insurance product aimed at landing far larger retirement plans than it has served before, and significantly growing its assets.
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Daniels says he'd sign statewide smoking ban

December 16, 2010
Associated Press
Gov. Mitch Daniels said towns and cities have shown it's possible to enact smoking bans with significant benefits and minimal cost.
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Indiana may cut Medicaid services to check costs

December 15, 2010
Associated Press
The state Medicaid actuary projected Indiana's share of the program's costs will rise by about $1.46 billion this fiscal year, by about $1.84 billion in the 2012 fiscal year and by about $2 billion in the 2013 fiscal year unless some services are cut.
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Health insurance investors unfazed by court ruling

December 15, 2010
J.K. Wall
This week’s ruling by a federal judge could force Congress to rework the new health law to avoid a health insurance market collapse. But the decision had little to no effect on investor sentiment toward WellPoint Inc. and its peers.
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Biomet owners look to arrange $11B marriage

December 15, 2010
J.K. Wall
Warsaw-based Biomet Inc. could get a whole lot bigger if rumors prove true that its owners have made a bid for U.K.-based rival Smith & Nephew plc.
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Lilly suspends late-stage trial for melanoma drug

December 13, 2010
Bloomberg News
Eli Lilly and Co. suspended a late-stage clinical trial of a medicine for skin-cancer patients after 12 patients in the study died.
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IU surgeon Pescovitz dies in accident

December 13, 2010
J.K. Wall
Dr. Mark Pescovitz, a surgeon at the Indiana University School of Medicine, died Sunday in a car accident outside Ann Arbor, Mich., after visiting his wife, Dr. Ora Hirsch Pescovitz.
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IU's health care budget could be $25 million short

December 11, 2010
Associated Press
Indiana University's board of trustees has learned that the school's health care budget is $24.9 million short of projected expenses in 2011-12.
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Distribution deal to stoke sales at pain-pump maker SymbiosRestricted Content

December 11, 2010
J.K. Wall
The Indianapolis company expects the pact will boost revenue from $1 million now to more than $10 million in 2013.
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Clarian Health looks to scoop up White County hospital

December 9, 2010
J.K. Wall
The Indianapolis-based hospital system’s board of directors could vote to acquire the 25-bed hospital as early as next week, but might put off a decision till February.
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CNO Financial plans $300 million sale of debt

December 8, 2010
Bloomberg News
Carmel-based CNO Financial Group Inc., the insurer formerly known as Conseco Inc., plans to sell $300 million of seven-year senior-secured notes, according to a company statement.
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Refinancing boosts Bioanalytical Systems

December 8, 2010
J.K. Wall
Shares of the West Lafayette-based pharmaceutical-services firm soared after it wriggled out from under a $1.3 million loan that was due in February.
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Q&A

December 8, 2010
J.K. Wall
Molecular biologist,David G. Skalnik will become associate dean for research and graduate education at the IUPUI School of Science in January. Since 1991, Skalnick has been a researcher at the Indiana University School of Medicine, leading a team of three in the study of epigenetics—factors that influence whether certain genes are turned on or turned off.
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Law affects hospitals with doctor-held debt

December 8, 2010
J.K. Wall
Health care reform put strict limits on physician-owned hospitals, but it seems the law also restricts hospitals that have physician-owned debt.
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Nursing home firm to pay $376K in Medicaid case

December 6, 2010
Associated Press
Indiana Attorney General Greg Zoeller says a nursing home company will pay $376,000 to the state and federal governments over accusations that it submitted ineligible bills to Medicaid.
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St. Francis Hospital project targets Greenwood's growth

December 4, 2010
 IBJ Staff
The $20 million facility would attempt to capture some of the 32-percent growth in population Greenwood experienced from 2000 to 2009.
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Two more WellPoint executives set to depart

December 3, 2010
Associated Press, J.K. Wall
Chief Actuary Cynthia Miller and Chief Strategy Officer Bradley Fluegel—both of whom were prominent during the health reform debate—are leaving the health insurance giant.
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