Company news

  • Comments
  • Print
Listen to this story

Subscriber Benefit

As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe Now
0:00
0:00
Loading audio file, please wait.
  • 0.25
  • 0.50
  • 0.75
  • 1.00
  • 1.25
  • 1.50
  • 1.75
  • 2.00

Company news

A federal judge in Minnesota rejected Guidant Corp.'s guilty plea to charges it hid defects in heart
defibrillators, after some doctors and patients complained about the deal, Bloomberg News reported. Guidant is a coronary
products company spun off from Indianapolis-based Eli Lilly and Co. in the 1990s and acquired by Boston Scientific
in 2006. Boston Scientific agreed to plead guilty and pay $296 million to settle the case brought by the U.S. Department of
Justice. But U.S. District Judge Donovan Frank suggested the company should be placed on probation for failing to disclose
defects with its heart devices to regulators. Prosecutors said in court papers that Guidant officials learned as early as
2002 that some of the implantable defibrillators had a tendency to short-circuit and caused users’ deaths. The company
didn’t disclose the defects for more than three years, the government said.

The first phase of a $65 million expansion opened Tuesday at Marquette, a retirement facility located south
of St. Vincent Hospital on Township Line Road. The expansion is designed to appeal to more active seniors, and includes a
bistro, performing-arts venue, a putting green and exercise facilities with a full-time trainer. A second phase of the expansion,
to be completed later this summer, will include 48 apartments.

The Health Foundation of Greater Indianapolis gave $1 million to Wishard Health Services
to help it purchase software to better coordinate care for pediatric asthma patients. The program provides coaching and educational
materials for children with asthma in coordination with their primary-care providers, including school clinics. The software,
known as RelayHealth Virtual Information Exchange, will electronically deliver patient-education materials to patients in
the pediatric asthma program, with easy-to-understand illustrations and animations. Eventually, Wishard hopes to use the software
to allow patients to schedule appointments, obtain prescription refills and have electronic visits with health care professionals.

The Lifeline helicopter medical service is starting to replace the aircraft it uses for emergency flights across much of
Indiana, according to the Associated Press. Indianapolis-based Clarian Health is buying four new helicopters
to replace aging ones. Lifeline program director Shelly Maersch says the new helicopters will have safety enhancements, with
the pilots being able to use night-vision goggles. The new helicopters also will allow for rear loading and not vibrate as
much. The first new helicopter will be stationed at Howard Regional Hospital in Kokomo. Lifeline also has regional bases in
Lafayette, Muncie, Columbus and Terre Haute.

Please enable JavaScript to view this content.

Editor's note: You can comment on IBJ stories by signing in to your IBJ account. If you have not registered, please sign up for a free account now. Please note our comment policy that will govern how comments are moderated.

Get the best of Indiana business news. ONLY $1/week Subscribe Now

Get the best of Indiana business news. ONLY $1/week Subscribe Now

Get the best of Indiana business news. ONLY $1/week Subscribe Now

Get the best of Indiana business news. ONLY $1/week Subscribe Now

Get the best of Indiana business news.

Limited-time introductory offer for new subscribers

ONLY $1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In

Get the best of Indiana business news.

Limited-time introductory offer for new subscribers

ONLY $1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In

Get the best of Indiana business news.

Limited-time introductory offer for new subscribers

ONLY $1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In

Get the best of Indiana business news.

Limited-time introductory offer for new subscribers

ONLY $1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In