More physicians using social media to find jobs
But major Indianapolis-area hospitals still prefer personal referrals
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Articles
OBEIME: Poor, uninsured won’t monopolize resources
Myth prevents policymakers from attacking real problem of distributing funding.
Health care improves through competition
An article in the April 16 issue takes the position that increasing health care capacity increases health care costs.
Activists plan to protest WellPoint political giving at meeting
A mix of union groups, activist investors and single-payer advocates will call for increased disclosure from WellPoint, and some investment funds will vote against WellPoint board members who they say have failed to exercise proper oversight of WellPoint’s political spending.
MYERS: Ringing approval for better concussion rules
Football remains a violent game, a game I loved playing and still love watching.
South-side medical office building in foreclosure
Munster-based Citizens Financial Bank claims the owner of the building at 1340 E. County Line Road owes $4.1 million on a loan originating from 2002 and is seeking to have a court-appointed receiver manage the building’s operations.
People
Community Physician Network added two pulmonologists at the Community South Hospital medical offices. Dr. Sultan Niazi and Dr. Faheem Abbasi provide care for patients with sleep, lung and respiratory-tract issues. Their practice is based at Community Hospital South. Niazi did his medical training at Rawalpindi Medical School in Pakistan. Abbasi earned his medical degree from Aga Khan University in Pakistan.
Dr. Larissa Dimitrov, an internist, has joined St. Francis Medical Group Geriatric Medicine. She was an attending physician at Advanced Healthcare Associates of Indianapolis and earned her medical degree at the Medical University of Sofia in Bulgaria.
Howard officials OK hospital merger with Community
The merger of Kokomo’s Howard Regional Health System into Indianapolis-based Community Health Network received final approval Tuesday night.
Physician buyouts bruising hospitals
As St. Vincent Health has nearly doubled the number of physicians it employs over the past two years, the losses on those practices have mounted. And the same thing is happening at all the major Indianapolis hospital systems, as all have spent the past four years aggressively acquiring physician practices.
Price hikes offset slower health care use
Newly available data from private health insurance plans show that price hikes by hospitals, doctors and drug companies have kept employer spending rising recently even as their employees and dependents have moderated their consumption of health care services.
People
Hall, Render, Killian, Heath & Lyman PC named attorney John Williams as the head of its new federal legislative and regulatory advisory advocacy practice. The Indianapolis-based health law firm also named two of-counsel attorneys to the practice: Andrew Woods and Andrew Coats, both of whom are also part of the Washington, D.C.-based consulting firm Liberty Partners Group. Williams holds degrees from Embry-Riddle Aeronautical University and George Mason University School of Law. Woods completed his undergraduate studies at North Carolina State University and earned his law degree at University of North Carolina School of Law. Coats, the son of U.S. Sen. Dan Coats, holds a bachelor’s degree from James Madison University and a law degree from Indiana University.
Dr. Keith Knuth has joined the faculty of the Indiana University School of Medicine Department of Ophthalmology at the Eugene and Marilyn Glick Eye Institute. He will see patients at the Glick Eye Institute’s Spring Mill and Mooresville locations. Knuth earned a bachelor’s degree from Purdue University and completed his medical degree at the IU School of Medicine. He also holds an MBA degree from Butler University.
Tony Origer, a chiropractic physician, is now seeing patients two days a week at the Carmel office of Methodist Sports Medicine / The Orthopedic Specialists. Origer is continuing to manage his practice, Performance Chiropractic & Sports Rehabilitation, in Greenwood. Origer did his chiropractic training at Palmer College of Chiropractic in Davenport, Iowa. He has done work for the Indianapolis Indians, as well as the athletic teams at the University of Indianapolis and Franklin College.
Company news
Elanco, the fast-growing animal health division of Eli Lilly and Co., wants to add 200 jobs at its headquarters in Greenfield, but says it needs taxpayer assistance to do it, according to the Greenfield Daily Reporter. Elanco asked the Greenfield City Council for a 10-year tax abatement on a $14 million expansion, which would add two buildings to the corporate campus Elanco opened in 2010. Elanco employs 475 workers there now, paying average slaries of $80,000. Elanco projects it would hire the 200 additional administrative employees—who would oversee the company’s marketing, manufacturing, finance and other operations—by the first half of 2015. The new jobs would pay on average $60,000 apiece. Elanco has been growing rapidly through both increased sales of its products for livestock and pets, as well as through acquisitions. Elanco’s revenue last year grew 21 percent to nearly $1.7 billion.
Minnesota-based UnitedHealthcare revamped its myHealthcare Cost Estimator tool for its customers in Indianapolis and 46 other markets, and now provides cost estimates based on the health insurer's actual contracted rates with physicians, hospitals, clinics and other health care providers. The cost estimator tool covers more than 100 common treatments and procedures, factoring in a UnitedHealthcare member’s specific benefits plan. It also allows health plan members to compare cost and quality information between different hospitals and physicians. And the tool even points out alternative treatment options that a patient might consider. “myHealthcare Cost Estimator meets a longstanding consumer need for thorough but simple online comparison shopping for health care by putting relevant information right at people’s fingertips,” UnitedHealthcare's Yasmine Winkler, chief product and marketing officer, said in a prepared statement. Many health insurers are rolling out tools to help consumers gauge cost and quality before making decisions on health care. This year, Indianapolis-based Anthem Blue Cross and Blue Shield expanded to more than 100 the procedures its cost-comparison tool covers. Anthem also rolled out a program in which employers can give its workers a cash payment each time they use the cost comparison tool before seeking care.
Indiana medical device companies enjoyed at least a symbolic victory last week when the Republican-led House of Representatives voted to repeal the 2.3 percent medical device tax that was part of the 2010 health reform law. The tax, estimated to raise $29 billion over the next decade, is scheduled to take effect next year. Indiana has more than 300 medical device manufacturers, employing almost 20,000 people, including Zimmer Holdings Inc., Biomet Inc., Cook Group, DePuy Orthopaedics Inc., Hill-Rom Inc. and Roche Diagnostics Corp. The repeal is not likely to even come up for a vote in the Senate, and if it does, will almost certainly be defeated by the Democrat-controlled chamber. Also, a repeal of the tax likely faces a veto from President Obama. However, the repeal vote is a sign of Republicans’ attempts to scale back the health care law that passed without a single Republican vote. The U.S. Supreme Court is expected to rule this month on the law’s constitutionality.
Fired St. Vincent physician suing hospital for discrimination
The Indian-born doctor is seeking past and future pay, in addition to other damages, for enduring what she considers harassment and discrimination while a resident at the Indianapolis hospital.
Company news
WellPoint Inc. lowered its 2012 profit forecast 23 cents per share, or nearly 3 percent, due to a $90 million settlement in a class-action lawsuit. Lawyers for former policyholders of Anthem Insurance Cos. Inc., the predecessor of Indianapolis-based WellPoint, disclosed the settlement Friday afternoon. Pending approval by a federal judge, the settlement would cover the claims of more than 700,000 former policyholders, whose stakes in Anthem were undervalued, according to the lawsuit, before the company’s 2001 conversion from a mutual insurance company into a publicly traded one. Because of the settlement, Anthem now expects to earn a 2012 profit of $7.57 per share, down from a previous estimate of $7.80 per share.
Hancock Regional Hospital is moving to acquire nearly 50 acres in McCordsville, even though it has no specific expansion plan. According to the Greenfield Daily Reporter, the hospital’s board of trustees approved spending up to $1.2 million for the 48.5-acre parcel in the Villages of Brookside development. Hancock Regional, based in Greenfield, has made a tentative offer for the land to its current owner, Cincinnati-based Fifth Third Bank. The offer hinges on an environmental assessment that is still under way. If the bid is accepted, said Rob Matt, Hancock Regional’s vice president of development, the land could become the location for additional medical office space, another wellness center or another surgery center. But in the short term, the hospital likely would lease the land for farming. “We’re not exactly sure what the future holds, but we think McCordsville is a great location for potential future expansion of a variety of health services,” Matt said. The land was part of a 300-acre development started in 2005. But the sections of the project that were marked off for business and apartments have been slow to develop because of the housing slump, financial crisis and recession.
Eli Lilly and Co. invested $20 million in a Chinese pharmaceutical company in an effort to build a portfolio of branded generic medicines in the fast-growing Asian market. Novast Laboratories Ltd., based north of Shanghai, received a $10 million initial investment from Indianapolis-based Lilly five years ago. The new money, announced June 12, will fund an expansion of Novast’s manufacturing capabilities. Lilly is working with Novast to develop a catalog of generic versions of medicines not created by Lilly that will be branded with the Lilly name. Down the road, Novast also may take on manufacturing responsibilities for new drugs Lilly launches in China and other Asian countries. Since 2009, Lilly has rapidly ramped up sales and research functions in China, and now employs more than 3,000 people there. In June, Lilly announced the opening of a research and development center in Shanghai focused exclusively on diabetes. It employs 150. Lilly's sales in China increased 31 percent last year, to nearly $420 million, according to company officials.
An Indian-born physician fired by St. Vincent Health is suing the hospital network in federal court on charges of discrimination and harassment. Seema Nayak filed her suit June 13 and is seeking past and future pay in addition to other damages for the hospital’s “malicious and/or reckless conduct.” St. Vincent officials did not return messages seeking comment on the suit. Nayak’s suit follows a complaint she filed in October 2010 with the U.S. Equal Employment Opportunity Commission, which granted her the right to sue. Her employment contract was not renewed by the hospital in June 2010. She began her first-year residency program at St. Vincent in July 2007 in the obstetrics and gynecology department. Though Nayak exceeded performance standards during her first- and second-year residencies, according to the suit, she became the target of discrimination from other residents due to her accent and Indian origin. Later, her suit alleges, St. Vincent also pressured her to return to work quickly after taking maternity leave and then retaliated against her by giving her an especially difficult residency rotation.
Roche plans $300M expansion, 100 new jobs
Roche Diagnostics Corp. plans to spend $300 million on an expansion of its Indianapolis headquarters, creating 100 jobs by 2017, the company said Wednesday.
Company news
The Indiana University Center for Aging Research and the Indianapolis-based Regenstrief Institute Inc. won a $7.8 million award from the federal government to expand a mental health program for seniors throughout Marion County. A pilot of the program at Wishard Memorial Hospital was shown to reduce participating patients’ emergency room visits 45 percent and hospitalizations 54 percent. The program uses home visits, phone calls and e-mails—both to patients and to their family members—to cut out dangerous medications and daily stressors and to boost brain and physical exercise. The new funding, awarded by the Centers for Medicare & Medicaid Services, will expand the program to more than 2,000 Medicare patients at 11 community health centers operated by Wishard.
Anderson-based Saint John’s Health System announced a name change and a new $27 million surgery department to its hospital. Beginning Jan. 1, Saint John’s will be called St. Vincent Anderson Regional Hospital. The hospital system has for nearly a decade been part of the Indianapolis-based St. Vincent Health network of hospitals, which is a subsidiary of St. Louis-based Ascension Health. Hospital leaders said the new name will better reflect that the hospital serves patients from a wider area, which extends beyond Anderson and Madison County. The regional expansion is driving the need for more operating space. So the new surgery department will include at least nine operating suites, which Saint John’s plans to use to bring in newer technology and recruit more physicians.
St. Catherine Regional Hospital of Indiana LLC near Louisville has filed for bankruptcy protection and plans to sell the hospital as an ongoing operation. The 96-bed hospital has $8.3 million in unpaid debts, but less than $1 million in assets. In the 12 months ended in April, the hospital had an operating loss of nearly $1.3 million, according to court filings. According to the News and Tribune of Jeffersonville, St. Catherine is the second hospital in Clark County to declare file for bankruptcy protection recently. Kentuckiana Medical Center filed for Chapter 11 bankruptcy protection in September 2010, but recently announced it has secured $40 million in funding that will bring it out of bankruptcy. St. Catherine has $40 million in annual patient revenue and employs 284 people.
Evansville-based Welborn Health Plans announced last week it would exit the Indiana and Kentucky health insurance markets by year’s end, and recommended that its employer customers shift to Anthem Blue Cross and Blue Shield. Welborn said it is exiting the business because changes in health insurance would require significant investments in its staff and systems to maintain a high level of customer service. Welborn insures 30,000 people through its employer clients. The two insurers signed an agreement to help Welborn customers transition smoothly.
The University of Notre Dame received $5 million to fund adult stem cell research from alumnus Michael Gallagher and his wife, Elizabeth, who live in Denver. The gift will fund three new endowed professorships in adult and other non-embryonic forms of stem cell research. Notre Dame already has built a team of researchers focused on adult stem cell research, which it supports over embryonic stem cell research—sparking controversy because the Catholic Church views the destruction of an embryo as destruction of a human life.
Home Health Depot Inc., which ranked as the fifth-fastest-growing company in Indianapolies last year, tacked on even more girth this month by acquiring Fort Wayne-based Medical Mobility LLC. The retailer sells durable medical supplies with a focus on complex rehabilitation equipment. That store will now be consolidated with Home Health Depot’s existing Fort Wayne store. Financial terms of the deal were not disclosed. This is Home Health Depot’s third acquisition this year. In February, Home Health Depot acquired a majority interest in Advanced Rehab Technologies LLC, the largest provider of complex rehabilitation equipment in Iowa. And in April, Home Health Depot acquired the assets of RCS Management Corp.’s in-home respiratory and sleep therapy business.
Electronic health records bring $135M to Indiana
The federal stimulus program to speed “meaningful use” of electronic medical records is starting to generate significant cash for Indiana health care providers: More than $135 million has flowed to more than 2,000 Hoosier hospitals and doctors since January 2011.
Indianapolis area needs more black engineers, architects
Among major occupational groups, only farming has a smaller share of African-Americans, government figures show.