Purdue University launches $4B fundraising campaign
The campaign, publicly announced Monday, is the largest in the school’s history and its third billion-dollar-plus campaign in less than 25 years.
Daniel Lee
Articles
UPDATE: Duke Energy Indiana seeks OK for natural-gas units at Cayuga in $3.3B project
Customers will see a rate increase of about 5.4% between 2026 and 2031 if Duke receives approval to add to electricity rates over time rather than at once.
Tariffs could reach deep into manufacturing-heavy Indiana
While consumers across the country could pay higher prices on all sorts of goods, Indiana’s economy is especially vulnerable to the uncertainty from tariffs and retaliatory tariffs between nations, economists say.
Indiana Orthopedic Institute set to open as first tenant in Noblesville’s Innovation Mile
The 38,000-square-foot Indiana Orthopedic Institute building is designed for a range of orthopedic procedures focusing on hip and knee replacement.
Amended bill would hit nonprofit hospitals with excise tax over high prices
A new amendment to House Bill 1004 would create an excise tax that would penalize hospitals found to be over-charging patients.
UPDATE: Lilly reports robust Q4, full-year earnings
Lilly’s fourth-quarter earnings, released before the market opened Thursday, surpassed analysts’ expectations by millions.
Roche gets FDA clearance for test of emerging cardiovascular disease risk factor
Lipoprotein(a) has long been recognized as a critical marker for people at risk of cardiovascular disease. However, the health care industry has lacked the tools to tackle the problem.
IU School of Medicine cancels annual LGBTQ+ conference
In years past, the IU School of Medicine touted the virtual conference and its leadership in LGBTQ+ issues.
Employers increasingly promote wellbeing to workers
Beyond the usual cholesterol checks and annual physicals, workplace wellness now encompasses all sorts of programs and services for the mind, body and spirit.
OrthoIndy promotes Lavery to president
Dr. Matthew Lavery has been promoted to president at the Indianapolis-based orthopedic practice, succeeding the retiring Dr. Edward Hellman.
State regulators OK electricity rate hike for Duke Energy
The Indiana Utility Regulatory Commission, or IURC, gave approval for an increase of $395.7 million a year for rates and charges, down from the $491.5 million hike requested by Duke—a decrease of 19.5%.
Lilly’s Omvoh part of company’s expansion into inflammatory bowel disease treatment
The recent U.S. Food and Drug Administration approval for Eli Lilly and Co.’s Omvoh, a new therapy to treat Chron’s disease and ulcerative colitis, is the company’s latest step into the treatment of gastrointestinal diseases.
Opponents say bill would punish, financially harm Indiana’s nonprofit hospitals
House Bill 1004 would strip hospitals of their nonprofit status if they exceed certain price thresholds.
Cook Group president: New IU LAB vital for Indiana health care research
Pete Yonkman, president of Cook Group and Cook Medical, was among the speakers Monday at the official launch of the new Indiana University IU Launch Accelerator for Biosciences, or IU LAB.
Carmel company launches mental health app
Syra Health is looking to its new AI-powered app, Syrenity, to help it reach profitability and establish itself as a provider of high-tech mental health services.
UPDATE: Elevance Health shares tick up on better-than-expected earnings
The company also reported higher medical expenses, mainly from its Medicaid business.
Nearly 80 patients moved into new Ascension St. Vincent Women and Infants Hospital
The new 268,000-square-foot hospital is on the south side of Ascension St. Vincent’s 86th Street campus and is connected to the Peyton Manning Children’s Hospital.
Taylor University leans into Christian identity to attract big gifts
Taylor racked up the highest number of individual million-dollar-plus gifts—14—among the 57 donations in IBJ’s 2024 list of largest individual gifts to Indiana organizations.
Indiana attorney general sues drug companies over EpiPen prices
The lawsuit alleges the price increases EpiPen, used to treat severe allergic reactions, prevented other similar medications to from going to market.
Bill threatens to revoke Indiana hospitals’ nonprofit status for overcharging patients
The bill is part of mounting scrutiny by lawmakers of the prices hospital systems charge patients covered by commercial health insurance, typically provided by their employers.