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Health Care & Insurance
Lilly agrees to pay $29.4M to settle SEC bribery charges
December 20, 2012
J.K. WallAccording to a statement released by the SEC, Eli Lilly paid $6.5 million—and in some cases gave jewelry and spa treatments—to
win government contracts in Brazil, China, Russia and Poland.
MoreIndiana to receive nearly $793K in Amgen settlement
December 20, 2012
Associated PressAmgen Inc. has agreed to pay Indiana nearly $793,000 as part of a larger settlement to resolve allegations it paid kickbacks
to physicians who prescribed some of its drugs for unapproved uses.
MoreLilly OKs $1.5B share buyback, first quarter dividend
December 18, 2012
Associated PressIndianapolis-based drugmaker Eli Lilly and Co. said Monday that its board authorized a $1.5 billion share-repurchase program,
which the company expects to complete next year.
MoreHealth care pricing service comes to Indy
December 17, 2012
J.K. WallChicago-based OkCopay Inc. posts prices offered by Indianapolis health care providers, many of which have agreed to give cash-paying patients a price roughly equivalent to those charged to insured customers. The site also includes pricing information from health care providers that do not give cash-paying patients an additional break.
Lilly finds solace in new Alzheimer's study
December 17, 2012
J.K. WallEli Lilly and Co. suffered a delay in its effort to bring an Alzheimer’s drug to market this month, but it also published
new research that the pharmaceutical company thinks confirms it is on the right track.
MoreState expects to extend Healthy Indiana Plan a year
December 14, 2012
Associated PressThe Centers for Medicare and Medicaid Services agreed to a waiver that would allow the state to continue the program unchanged
for a year.
MoreActuarial firm plans expansion at Indy office
December 14, 2012
Milliman Inc. said it will add 26 jobs by 2017 and invest $2 million to install additional information technology equipment
at its office in downtown's Chase Tower.
MoreApartments, shops planned for old Beech Grove hospital site
December 13, 2012
Dubbed Franciscan Place, the $20 million development will feature 150-plus senior-living apartments, shops and a restaurant
in the old hospital. Work is expected to begin in February.
MoreLilly discontinues late-stage trial in rheumatoid arthritis
December 13, 2012
Bloomberg NewsEli Lilly and Co. said it discontinued a last-stage trial of experimental rheumatoid arthritis drug tabalumab for lack of
efficacy. Lilly is still evaluating the drug in the two other late-stage studies.
MoreWellPoint reaffirms 2012 earnings forecast
December 11, 2012
Associated PressWellPoint Inc. is sticking with a 2012 earnings forecast that it had cut in July, and the nation's second-largest health
insurer said it expects next year's earnings to be on par with this year's performance.
MoreReport ranks Indiana among unhealthiest states
December 11, 2012
Associated PressAmerica's Health Rankings lists Indiana 41st in its annual review, which was released Tuesday. Obesity, sedentary habits,
high smoking rates, low public health funding and air pollution contributed to Indiana's low rank.
MoreQ&A
December 10, 2012
J.K. WallMuhammad Yasin began heading up social media marketing at Indianapolis-based HCC Medical Insurance Services
LLC in early 2011. The company, which sells travel insurance and short-term medical insurance online, credits his work with
tripling overall revenue in 2011 to more than $60 million and growing even more this year. Yasin, along with a steady stream
of interns, manages nearly 50 social media accounts on Facebook, Twitter, Pinterest and YouTube, and has about 400,000 total
followers. Collectively, HCC’s social media team produces 2,000 pieces of “content” every month—even
though it operates in a highly regulated industry.
MoreReport: WellPoint dominates Indiana markets
December 10, 2012
J.K. WallWellPoint Inc. holds an overwhelming share of the commercial health insurance market in 13 of Indiana’s 14 largest metros,
according to a controversial new study by the American Medical Association.
MoreAnalyst: Lilly solid even without pipeline
December 10, 2012
J.K. WallWhile Eli Lilly and Co.’s stock price is up 16 percent in the past four months, a new analyst covering the company thinks
it has more room to grow. And that’s even without launching a new Alzheimer’s drug anytime soon.
MoreCornerstone content with small medical developments
December 8, 2012
Local firm has carved out niche building for hospitals, physician groups.
MoreLilly notifies Canada about NAFTA complaint on Strattera patent
December 6, 2012
Bloomberg NewsEli Lilly and Co. notified Canada it plans to file a trade complaint, claiming court decisions invalidating one of the company’s
patents breach international obligations.
MoreNico raises $6.5 million more from existing investors
December 4, 2012
J.K. WallIndianapolis-based Nico Corp. wants to use its new round of capital to develop brain surgery products to address diseases
that were often considered inoperable, such as metastatic brain cancer and intracerebral hemorrhages.
MoreIllinois company to hire 50 in Indy for Medicaid drug contract
December 3, 2012
J.K. WallCatamaran Corp. will add 50 jobs in Indianapolis over the next year to help it provide pharmacy-benefit-management services
to the Indiana Medicaid program. The Illinois-based company will open an office downtown Tuesday to kick off its six-year,
$60 million contract with the state.
MoreAbout 1 in 10 firms plans to drop coverage
December 3, 2012
J.K. WallEven as the rising cost of medical benefits has moderated, 11 percent of Indiana employers with 10 or more workers say they
will terminate their medical coverage within the next five years, according to the latest survey from the benefits consulting
firm Mercer.
MoreHome health agency closes after losing reimbursement
December 3, 2012
J.K. WallCarmel-based ABC Homecare LLC closed last week after state and federal authorities cut off its access to Medicare and Medicaid
reimbursement due to deficiencies cited by the Indiana State Department of Health.
MoreNovia opens first multi-employer clinic in downtown Indy
December 3, 2012
Novia CareClinics LLC, which operates 50 clinics statewide, made its latest clinic open to other employers. Harrison College,
Plews Shadley Racher & Braun LLP and McFarling Foods Inc. have joined.
MoreCancer treatment firm adding 27 jobs in Indianapolis
December 3, 2012
J.K. WallA North Carolina-based maker of cancer-fighting ultrasound machines plans to create 27 jobs paying an average of $36 an hour
at its Indianapolis facility over the next three years.
MoreSmall charity to use NBC show to boost visibility, vie for $1M prize
December 1, 2012
Dan HumanThe efforts of Indianapolis-based Timmy Global Health to improve health in Latin America, the Caribbean and Africa while exposing
hundreds of students to the realities of the medical industry have earned it an appearance on network TV and a shot at a $1
million unrestricted grant.
MoreAnthem rolling out 401(k)-style medical benefits
December 1, 2012
J.K. WallAnthem Blue Cross and Blue Shield of Indiana will open a new online exchange to Indiana employers on Jan. 1, where workers
could purchase medical benefits from a group of plans using a fixed sum of money given them by their employers.
MoreVC funds hope to help early-stage life sciences firms
December 1, 2012
J.K. WallEarly-stage venture capital has been harder and harder to come by for life sciences companies in recent years, but two Indianapolis
investors are working to raise sizable funds to help fill the gap.
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liek the rest of America
These quaint,obsessed musings by the stalkers are certainly entertaining, but I'm trying to figure out what, if anything, all the yelping below has to do with Zak Brown.
It's evident that Moffett was pushing the right buttons and corporate America is now trying to squash him. He just wanted to withdraw the free pilot services provided to the company by the pilots to try and put some pressure on a company that has not been interested in negotiating a contract in over 5 years. The company does not provide a contract because not having one has saved them a bundle of money. Shame on any Republic pilots not standing behind their union leader just because things are getting tough, can you not see such strategic moves by the company as putting the last union president in a corporate position and into THEIR pocket. Do you really believe the last union president is so appalled at the attempts by Moffett, do you not remember his oppositions to the company? We stood behind him. It has been proven over and over again for thousands of years without fail, a man cannot serve two masters. Anyone that believes people vote contrary to their paycheck and livelihood deserve to be taken advantage of, the recent statements by the former union president are laughable as he denounces the current union president from his new corporate position. Have you ever seen a drafted sports player score points for his previous team, it cannot be done, he is not on the pilots side anymore, he gets his money a different way now than you and I do, and he should not be allowed to remain on the seniority list. A drafted player brings strength, credibility, tactical knowledge, and a strategic advantage to his NEW team, he would not be drafted or paid were it otherwise. We are all forced to choose only one side to play for and support, not doing so has many references in life such as insider trading and shaving points, all illegal for good reason. This basic fact is why corporate moguls, scientist, and engineers all sign non-discloser agreements and non-compete clauses, as protection in case they are lured into switching sides as our former union president has done. No NFL coach ever drafted a player so that both teams could benefit and better understand each other, they are recruited to win the game against that former team, period. Likewise the company does not recruit the former union president by accident or mutual understanding, its strategy. Don't confuse playing the game with good sportsman-like conduct in support of common business and prosperity goals, with the requirement to only play for one side. Good men we all love and favor fall subject to this manipulation, often without their knowledge, and it is not a betrayal of their friendship to oppose them when they switch sides. If we did not love and trust them, they would not have been chosen and lured to the other side in the first place. The deception by the drafted player is not made at a conscious level, it's just human nature and it's all about money and power which corrupts our ability to be objective and loyal to two masters. This is why our court system created the defense attorney, and why our military created counter intelligence. Its strategy and its propaganda, and it works, and that's why the "powers to be" manipulate the chess pieces by sometimes changing their colors. Some players know they are being manipulated when their color is changed, but it brings them more money and power so they do not care. The rest have good intentions but do not even realize they are being manipulated. This tactic is also known by another name, Divide and Conquer. In battle sending an imperfect message with an imperfect team is obviously not ideal, but it's still being sent by YOUR team, your union leader, a leader that has common goals and common rewards with you, they are the best, because we have elected them to do a job for us. If you are not backing Moffett but believing the spin by those that have recently switched sides, you are taking food out of your own mouth. Showing unity and backing an imperfect situation still results in taking just as much ground, it's about unity and bargaining power. It's not necessary to wait around for that perfect attack because it will never come, the company will spin and attempt to destroy anyone that gets in their way. Ultimately it's not about any specific attack anyway, ASAP or whatever it makes no difference, it is and always has been only about power. If this company cared about safety it would not build pairings with 8 hour overnights, come on, are you that naive? Besides, do you really think Hoffa cares, no, he got a call from corporate America and was squeezed into denouncing Moffett. If he didn't they would spin the safety card against him and the Teamsters National with implication for truckers, future contracts, insurance rates etc...saying something like the Teamsters use safety as a bargaining chip, blah blah blah... Do you really think any pilot is going to do something unsafe for the contract, absolutely not, the only ones threatening safety here is the company with reduced rest, fatigue, and poverty. Do you not find it odd that Hoffa and the Teamsters are opposing a Teamster president publicly? Would the Teamsters National not normally support and work with one of their own? Why did they not sit down and help him strategize, correct any mistakes, and charge ahead? Would the Teamsters National not normally support and leverage a contract for all those pilots that have been paying Teamster dues, isn't that why we have all been paying Teamster dues in the first place? I sure haven't been paying dues so that the Teamsters National could come along and write this kind of an article undercutting our union leader and our unity. Whose side is the Teamsters National really on, it's obviously not the Republic pilots side.
No matter what Moffatt does the company is going to spin it like he is the terrorist and brainwash people like you into believing it, wake up, back your players that are trying to change things for you and your livelihood. Where has Hoffa been for the last 6 years, except collecting our dues. Seriously, do you really think an FO going for upgrade, signed off by a checkairman ready for the upgrade, who then fails, is not even capable of returning as a First Officer.
whoa!