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.
Daniel Lee
Articles
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.
Lilly shares fall midday on lower fourth quarter revenue guidance
The company expects fourth-quarter revenue to be about $13.5 billion.
Medical software provider hc1 completes $6.25M funding round
The company said the funds would help it take advantage of its technology and expertise after its recent acquisition of Accumen, a Scottsdale, Arizona-based health care consultant.
Lilly acquires Scorpion Therapeutics in deal worth up to $2.5B
The Indianapolis-based drugmaker will acquire Scorpion’s STX-478, a once-daily oral treatment in early trials for breast cancer and other advanced solid tumors.
HealthNet chooses former COO Kougel as chief executive
HealthNet serves more than 61,000 patients a year in Marion, Morgan and Monroe counties at 10 primary care health centers, including a mobile center, and through community outreach and support programs.
Regenstrief researcher co-leading $16M Alzheimer’s research program
Kosali Simon, an Indiana University and Regenstrief Institute researcher, will study the treatment and outcomes of patients with Alzheimer’s and related dementias.
IU Health executive Nagy heads to Boston Children’s Hospital
IU Health Metro Region President Dr. Ryan Nagy, who joined IU Health 13 years ago, was also interim president of Riley Children’s Health.
Medicaid coverage of weight-loss drugs could cost state up to $70 million a year
The Indiana Family and Social Service Administration’s Office of Medicaid Policy and Planning estimates that 5% to 20% of eligible members would be prescribed weight-loss medications.
Elevance completes IU Health Plans acquisition
IU Health Plans operates employer plans and Medicare Advantage plans in 36 counties.
Dental office agrees to pay state $350K after data breach, privacy investigation
Under a proposed settlement agreement, Westend Dental would not admit to violating any laws.