As expected, AIT Laboratories CEO Michael A. Evans has transferred ownership of the company to its workers through an employee stock ownership plan, or ESOP, the company announced today. The Indianapolis-based company declined to reveal the price of the sale. Fast-growing AIT Laboratories previously said it would make “a major announcement” today with Indiana Treasurer […]
Fast-growing AIT Laboratories says it will make “a major announcement” tomorrow with Indiana Treasurer Richard Mourdock – perhaps the state’s biggest booster of employee stock ownership plans, or ESOPs. A spokesman for Mourdock and an AIT spokeswoman would not comment on whether AIT is forming an ESOP, a structure that would shift ownership of the […]
There’s nothing like following the wildly influential thinker Charles Darwin’s own footsteps, which I had the pleasure of doing by visiting the beautiful, mysterious, isolated and enchanted Galapagos Islands.
Former Mayor Bart Peterson outlines the pitch Eli Lilly will make in D.C. For the first time in 15 years, lawmakers in Washington have plunged into a debate about overhauling the nation’s health care system. New proposals come out every week, with bills filed in Congress running longer than 600 pages and 10-year cost estimates […]
Medco Health Solutions Inc. plans to add another 160 jobs at its automated pharmacy in Whitestown, state officials announced this morning. The New Jersey-based drug distribution company will open a new center in October focused exclusively on cancer patients. The center will be part of the 452,000-square-foot distribution center Medco is building at AllPoints at […]
Advisers to the Food and Drug Administration said yesterday that three blockbuster psychiatric drugs appear safe and effective for children and adolescents, despite side effects that can increase the risk of diabetes. The FDA’s panel of psychiatric experts voted to approve the use of drugs from AstraZeneca, Eli Lilly and Pfizer for treating schizophrenia and […]
If you believe passionately in some cause, if you’re certain grave injustice has occurred or will continue, if you know your
way is correct and all others are wrong, how far will you go to make your point? What will you sacrifice to get attention?
Insurer shows gov’t how to cut costs A major health insurer says the government can save more than $500 billion in Medicare spending by sending patients to less expensive, more efficient doctors, reducing hospital visits by the elderly and cutting unnecessary care. Those are among 15 suggestions made recently by UnitedHealth Group Inc., a Minnesota-based […]
Twenty years ago, a Connecticut company developed some new surgical tools. The tools helped doctors operate more effectively, helped patients heal more quickly and saved lives. One tool was the surgical staple, used to close wounds and incisions instead of using hand-sewn stitches. The staple is now, well, the staple in many kinds of surgery. […]
Hoosiers see too many specialty physicians and are driving up health care costs as they do, according to a recent study by the Indiana University Center for Health Policy.
The hits keep on coming for the unfinished Binford Medical Complex at 65th Street and Binford Boulevard as the urgent care center that served as the development’s anchor…
Hoosiers see too many specialty physicians and are driving up health care costs as they do, according to a recent study by the Indiana University Center for Health Policy. Hoosier specialists are paid 84-percent more than primary-care doctors, and that gap has been widening rapidly since the mid-1990s. In addition, Indiana has nearly twice as […]
The problem is, we don’t get to choose our exits—the natural ones, at least—and we don’t get to choose the timing.
In a state steeped in advanced research that spawns biomedical companies by the dozen, Apricity LLC is preposterously low-tech,
given that its latest product is nothing more than a warm blanket.
CORRECTION The Indiana Clinic is a not-for-profit joint venture of Clarian Health and the Indiana University School of Medicine. The Indiana Clinic plans to employ 1,500 physicians by 2011. A page 1 story last week misstated the employment relationship between Indiana Clinic physicians and Clarian.
In a state steeped in advanced research that spawns biomedical companies by the dozen, Apricity LLC is preposterously low-tech. Its founders-Mark Kyker and Steve Isenberg-are medical doctors, not university or Fortune 500 scientists. And its latest product is nothing more than a warm blanket. As unremarkable as it sounds, the blanket has the potential to […]
Last week, the phone rang in the wee hours. When a call comes that early, it’s rarely good news. This one bore the worst kind of all. The day before, a dear friend’s husband, Ralph, had been doing some mowing at their rural property in northern Indiana. His wife (my friend Cheryl) was at work […]
WellPoint Inc. CEO Angela Braly faced pointed criticism of her company and of WellPoint Director Susan Bayh from a handful of shareholders at the health insurer’s annual meeting this morning. Two shareholders used a question-and-answer session to charge Bayh with a conflict of interest because her husband, Sen. Evan Bayh, will have a vote on […]
The candidate who nearly upset longtime Indiana Congressman Dan Burton in last year’s Republican primary is running against him again. John McGoff announced his candidacy today, becoming the third prominent Republican to launch a campaign to defeat Burton for the 5th Congressional District seat. McGoff is an Indianapolis physician and former Marion County coroner. Burton […]
Indianapolis pharmaceutical company Eli Lilly and Co. has formed a diabetes marketing and education partnership with the Minnesota-based device maker Medtronic Inc., the two companies announced today. Lilly and Medtronic plan to use their marketing and sales teams to improve educational materials about Type 1 diabetes available to patients and physicians. Type 1 diabetes occurs […]
