2016 CFO of the Year: Anthony Gioia
Anthony Gioia has guided OrthoIndy through a minefield of industry and regulatory changes, has been instrumental in the opening of urgent care clinics, and managed the group’s relationship with St. Vincent.
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Articles
OrthoIndy Foundation donates $3M to YMCA project
The $10 million facility at 5315 Lafayette Road in Pike Township will be named the OrthoIndy Foundation YMCA and offer medical care and other services tailored to veterans and their families.
OrthoIndy tries urgent care to bring in more patients, cope with reform
The large practice of orthopedic surgeons is in the midst of spending $3.8 million over three years to open seven urgent care clinics specializing in orthopedic-related injuries.
Company news
Malicious software used to hack into Anthem Inc.’s computers and steal 78.8 million patient records bears a striking resemblance to malware attributed to Chinese hackers, according to a Virginia-based security firm, ThreatConnect. The chief information officer of ThreatConnect told the Washington Post that the same malicious software was used to target a small U.S. defense […]
People
Dee Roudebush has been named CEO at Raphael Health Center, 401 E. 34th St. Roudebush previously worked as director of billing with Urology of Indiana, as practice administrator at Urology Associates LLC of Muncie, and as a regional practice administrator at St. Vincent Physician Network. She is a U.S. Navy veteran and holds a bachelor’s […]
What if hospitals ‘upcharged’ you for being fat?
As local hospitals try to offer package deals with upfront prices on joint replacement surgeries, they're struggling with the reality that patients' other health conditions can significantly increase their cost of care.
The real health care money in this town is at IU Health
While the biggest hospital profit margins are made in the suburbs, the biggest pile of cash—$353 million in 2012—is made at the three downtown campuses run by Indiana University Health. In fact, those hospitals generated 32 percent of all operating gains posted by central Indiana hospitals in 2012.
People
Dr. Zachary Dodd, a spine surgeon, has joined the OrthoIndy practice of orthopedic surgeons and its Indiana Orthopaedic Hospital in Indianapolis. Dodd received his bachelor’s degree in biology from Wabash College. He did his medical training at the Indiana University School of Medicine.
John Cannon, credited with righting the ship at WellPoint Inc., was terminated without cause last week. The Indianapolis-based health insurer said Cannon will remain with the company until early March to help in the transition of his duties as general counsel and chief public affairs officer. Cannon, 60, served as WellPoint’s interim CEO from August 2012, when the company’s board ousted CEO Angela Braly under pressure from investors, until March 2013, when current CEO Joe Swedish took the helm. Cannon came to WellPoint from Philadelphia-based Cigna Corp., where he worked for 19 years, ultimately becoming deputy general counsel.
Medicare names names on hospital quality, but don’t expect consumers to notice
The Obama administration has been releasing more price and quality information, but it is coming in a rather useless form for patients. That’s a problem for the prospects of consumer-driven health care.
OrthoIndy channeling Walmart in comeback bid
The local orthopedic surgeons are presenting themselves as low-cost providers in an attempt to reverse growth restrictions imposed by Obamacare.
Hospital systems forcing doctors to choose sides
The five-year trend of physician practices marrying up with hospitals has made it harder and harder for independent physician practices to spend time in more than one hospital system.
People
Dr. Paula Gustafson has been elected to serve as medical chief of staff for Major Health Partners in Shelbyville. Gustafson replaces Dr. Gust T. Spenos. Gustafson serves as a pediatric hospitalist at Major Hospital in Shelbyville.
OrthoIndy and the Indiana Orthopaedic Hospital have added Dr. Prasanth Nuthakki, a physical medicine and rehabilitation specialist. Nuthakki holds a bachelor’s degree from Wright State University and earned his medical degree at Ross University School of Medicine in Dominica.
People
Jane Keller, CEO of the Indiana Orthopaedic Hospital and interim CEO of OrthoIndy, a large Indianapolis-based practice of orthopedic surgeons, has been named CEO of both companies. Keller took over as interim CEO of OrthoIndy in June 2012. Keller holds a nursing degree from Ball State University and an MBA from Butler University. She became chief nursing officer of the Indiana Orthopaedic Hospital in 2005 and was named CEO in 2006.
The Indianapolis-based Suburban Health Organization named Davis Lippincott as its new president, replacing Julie Carmichael, who recently left to become chief strategy officer at the St. Vincent Health hospital system. Lippincott previously was director of provider contracts and risk services for Suburban Health, a consortium of 10 hospital systems, including Indianapolis-based St. Vincent. Prior to joining Suburban Health, Lippincott worked as a financial analyst at Blue Cross and Blue Shield of Indiana and was an analyst and director of the care-management organization at St. Vincent Health. Lippincott holds a bachelor's degree from Purdue University and is a certified public accountant.
People
Michael Ryan was named vice president of sales at TriMedx, an Indianapolis-based health care technology management firm. Ryan previously worked for McKesson Medical-Surgical, VWR International and General Electric Corp.’s Healthcare IT division. He is a graduate of the U.S. Military Academy at West Point and also earned master's degrees in business administration and engineering management from Saint Martin’s College in Washington.
Jane Keller was named interim CEO of OrthoIndy after previous CEO John Martin decided to step down from that position to puruse other opportunities. Keller is CEO of the Indiana Orthopaedic Hospital, in which most OrthoIndy physicians have an ownership stake. Keller earned a degree in nursing from Ball State University and an MBA from Butler University.
Hospitals nearing ‘saturation’ on doc hiring
Indianapolis may be reaching a saturation point for hospitals employing physicians, according to the latest report from the Center for Studying Health System Change.
OrthoIndy looks to loopholes for growth
OrthoIndy, the physician practice that owns the Indiana Orthopaedic Hospital, was able to open a new outpatient facility this spring by working around growth restrictions in the 2010 health care reform law. But its choices for further growth are much starker—which is why it’s lobbying to repeal that provision of the law.
Health reform forces providers, insurers to lay aside rivalries
In this new age of health care, ushered in by President Obama’s signing in March of a sweeping health care reform law, health care players are encouraged to remove the gloves if they want to reap the benefits of reform.
Hospitals stand to gain big by hiring docs
To understand why hospitals are so eager to employ physicians—and prevent them from owning their own facilities—look
no further than the latest data on how much doctors are paid compared with how much revenue they generate for hospitals.
St. Francis sues OrthoIndy over new surgery center
Legal complaint alleges new $20 million facility in Greenwood breaches partnership deal struck in 2001.
Health reform prods partnership of St. Vincent, OrthoIndy
The specter of declining reimbursement, as well as the desire for statewide growth, lie behind St. Vincent Health’s decision
to form a physician management firm with OrthoIndy and buy a minority stake in its Indiana Orthopaedic Hospital.