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Not-for-profits that compete with insurers such as WellPoint Inc. are eligible for $3.8 billion in U.S. financing under the health law, and the government expects more than a third of the loans not to be repaid.
Hundreds of police officers and others gathered in a basketball arena to honor slain Terre Haute Officer Brent Long. The line of mourners moved slowly through Indiana State University’s Hulman Center to pass by Long’s flag-draped casket during the six-hour visitation period Sunday ahead of Monday’s funeral at the arena. Long and his police dog Shadow were shot a week ago while serving an arrest warrant at a Terre Haute apartment. Shadow was released from a veterinary hospital Thursday and participated in Sunday’s ceremonies. Long, 34, leaves behind a wife, an 11-year-old daughter and a 10-month-old son. Seven people have been arrested in connection with his death. Shaun Seeley, the man being served the warrant, also died in the shootout.
Dapagliflozin would be the first in a new class of diabetes treatments called SGLT2-inhibitors that work by letting patients excrete excess blood sugar in their urine. Indianapolis-based Eli Lilly and Co. is among several companies pursuing similar drugs.
A Greenwood couple found dead in their home Saturday afternoon died of gunshot wounds, the Johnson County coroner ruled Monday morning. An autopsy showed Steven Konchinsky, 57, and Julie Konchinsky, 53, were both shot once. Their adult son found them dead in their home on Brewer Street, investigators say, and no signs of a burglary or home invasion were discovered.
Two people were injured Sunday afternoon when a shootout erupted about 2 p.m. in the 3800 block of North Park Avenue, near College Avenue. According to police, Felicia Williams, 29, opened fire on a parked truck containing former boyfriend Derrick Walker, 32, a woman and four children. A man inside a nearby home came outside and shot Williams. The shootings left Williams critically wounded and Walker in serious condition.
Noblesville-based Riverview Hospital is set to scoop up nine physicians from Indianapolis-based physician group American Health Network. The nine doctors include seven in Noblesville and two in Sheridan. American Health Network also will transfer its lease on a medical office and imaging center on River Avenue in Noblesville. The deals are set to close on July 29. Riverview officials declined to comment. Indianapolis-area hospitals have acquired a wave of physicians in the past three years. The deals are driven in part by flat or in some cases declining reimbursement rates for physicians, looming new expenses for electronic medical record systems and new provisions in the 2010 health reform law that encourage doctors and hospitals to work more closely.
Joblessness and economic jitters continue to weigh on the orthopedic industry, according to the latest financial report from Warsaw-based Biomet Inc. The company’s U.S. sales declined 3 percent to $412 million in its fourth quarter ended May 31, compared with the same quarter a year ago. Worldwide sales rose 2 percent to $715.2 million, but that was only because of currency fluctuations since this time last year. “During our fiscal fourth quarter, our sales results continued to be challenged by industry volume and price pressures that affected our sales throughout fiscal 2011,” Biomet CEO Jeffrey Binder said in a prepared statement. For the year, Biomet’s sales rose just 1 percent to $2.7 billion. The lack of growth forced Biomet to lower its valuation of many of its assets, leading to various accounting charges that produced yearly and fourth-quarter losses. Biomet’s results are watched as a key bellwether for the rest of the orthopedic industry, including Warsaw-based Zimmer Holdings Inc., which will report financial results later this month.
Wishard Health Services announced $3.2 million in fundraising for its new hospital last week, part of a campaign that has already exceeded its $50 million goal. An employee-giving campaign for the new Wishard medical center brought in about $2.2 million, making the campaign one of the largest of its kind for a public hospital, according to Wishard officials. More than 1,000 employees gave $1.1 million to the campaign, and an anonymous donor provided a dollar-for-dollar match. Wishard officials said employee giving rose 40 percent after the June 22 announcement of a $40 million gift from Indianapolis developer Sidney Eskenazi and his wife, Lois. The hospital complex that is to open in 2014 will be named the Sidney and Lois Eskenazi Hospital. Also, Wishard will rename itself Eskenazi Health in 2014. Wishard also received $1 million toward the new hospital from Eli Lilly and Co. Foundation. Lilly's name will grace the lobby of the new hospital
Peggy Homeier has been appointed director of operations for Franciscan St. Francis Health Network, replacing Pam Jursik. Homeier most recently managed Medicaid programs for the Indiana Office of Medicaid Policy and Planning. She previously held positions at Health Systems International, Intercontinental Corp. and Golden Rule Insurance Co. She has a business degree from Indiana Wesleyan University.
Dr. J. Scott Cline opened Avon Neurology, part of the Hendricks Regional Health Medical Group. Cline did his medical training at the Indiana University School of Medicine, where he also went through residency training in neurology.
Ohio-based insurance brokerage Hylant Group hired Michael Gilbert to lead its Indianapolis office. Gilbert was executive senior vice president of First Merchants Insurance Group.
Methodist Sports Medicine-The Orthopedic Specialists appointed H. Thad Johnson its new CEO. Johnson holds a bachelor’s degree from Northwestern University and has attended the graduate school of public administration, health policy and administration at New York University.
Lisa Davey, a registered nurse, has joined the St. Francis Cancer Center as a breast nurse navigator. Davey worked for St. Francis from 1981 to 2007. She holds a nursing degree from the University of Indianapolis.
Leah Scalf, a registered nurse, has been appointed quality manager of emergency services at Franciscan St. Francis Health’s hospitals in Indianapolis, Beech Grove and Mooresville. Scalf earned a bachelor’s degree in nursing at the Indiana University School of Nursing.
Officials for Lucas Oil Raceway in Clermont say ticket sales for July 30’s NASCAR Nationwide race are up significantly since the July 6 announcement that the race will move to Indianapolis Motor Speedway next year.
Don’t expect the health reform law to tame health care costs. That’s the conclusion of the director of the Congressional Budget Office, who also suggested some of the simplest ways to moderate costs would be to roll back some of its key provisions.
The bike hub is slated to open sometime next month, while a date of Sept. 7 has been set for the unveiling of the new YMCA. The facilities are part of an overall $3.5 million renovation to City Market.
Indiana is opening the rolls of its Healthy Indiana Plan medical savings account to 8,000 childless adults on Aug. 1.
Shakespeare’s ‘problem play’ gets a strong outdoor production in Central Park.
An estimated 1.1 million Hoosiers will obtain health insurance through a yet-to-be-created online exchange, according to the latest estimates from the task force guiding Indiana’s response to the 2010 health reform law.
I wish I could tell you that the media’s cynical circus missed the show’s magical essence. I can’t.
Did you make it to Summer Celebration concerts? Symphony on the Prairie? The Phoenix Theatre’s “With a Bang”?
Gov. John Kasich vetoed a bill Friday that would have allowed Ohio factories to pull more water out of Lake Erie, amid pressure from governors from other Great Lakes states who expressed concerned about the measure.
The Indiana Economic Development Corp. says a producer of high-performance engineering alloys is moving its operations from Illinois to Indiana, creating up to 100 jobs by 2014.
