Indiana to receive nearly $793K in Amgen settlement
Amgen Inc. has agreed to pay Indiana nearly $793,000 as part of a larger settlement to resolve allegations it paid kickbacks to physicians who prescribed some of its drugs for unapproved uses.
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Safis Solutions LLC has hired Thomas Stergar as director of business development. Stergar previously founded Diabco Life Sciences LLC, a nutraceutical ingredient manufacturer for diabetes, malnutrition and immune system enhancement. He holds a bachelor’s in psychology from Indiana University.
Richard Ashby will join St. Vincent Medical Group on Jan. 7 as director of physician recruiting. Ashby comes from Houston-based Intercede Health, a national medical management organization, where he oversaw physician recruiting business operations. Ashby holds a degree from Ball State University.
The Anson Group added Sharon Kvistad as a senior regulatory consultant. Kvistad, who has worked on regulatory issues for medical device companies for three decades, holds a degree in biology from the University of Minnesota.
People
St. Vincent Health named Julie Carmichael as its chief strategy officer for the 22-hospital system, starting Dec. 31. Carmichael succeeds Kevin Speer, who left St. Vincent in November to become CEO of Hendricks Regional Health in Danville. Carmichael worked the past 19 years as CEO of the Suburban Health Organization, a partnership of several Indianapolis-area hospital systems, including St. Vincent Health. She holds a bachelor’s degree Stanford University and an MBA from Indiana University.
Dr. Jonathan Ting, an otolaryngologist, has joined Wishard Health Services. He received his medical degree from the University of Western Ontario.
Dr. David K. Booth, a family medicine physician, has joined Community Physicians Network, a subsidiary of Indianapolis-based Community Health Network, after practicing privately in Meadville, Pa. He earned his medical degree at Lake Erie College of Osteopathic Hospital in Harrisburg, Pa.
Dr. Michael DaRosa, a primary care sports medicine physician, has joined Community Physician Network in Greenwood. He completed his medical degree at Des Moines College of Osteopathic Medicine.
Dr. Vin Gupta, a pediatric hospitalist, has joined Community Hospital North in the Castleton neighborhood. He earned his medical degree from the Medical College of Ohio.
Dr. Syeda Naqvi, a geriatrician, has joined Community Physician Network. She completed her medical degree at Sind Medical College in Karachi, Pakistan.
Dr. Nicole Zulkowski, a physical medicine and rehabilitation physician, has joined the Community Spine Center in Greenwood. She earned her medical degree at the Indiana University School of Medicine.
Union Health System Inc. in Terre Haute named Patrick S. Board as its CEO. Board succeeds David Doerr, who announced his retirement earlier this year. Board has been CEO of Union Health’s physician group, called Union Associated Physicians Clinic LLC, in Terre Haute. Starting Jan. 1, Board will oversee both the Union physician practice and Union Hospital, which will continue to be led by Scott Teffeteller. Board received a bachelor’s degree in business from the College of St. Thomas in St. Paul, Minn., and a master’s degree in hospital and healthcare administration from the University of Minnesota.
Cornerstone content with small medical developments
Local firm has carved out niche building for hospitals, physician groups.
Indiana Historical Society wraps up $19M campaign
The Indiana Historical Society has raised $19.5 million to support the Indiana Experience, its series of interactive history lessons intended to draw more visitors to the local not-for-profit’s downtown facility.
People
State Health Commissioner Dr. Greg Larkin will become chief medical officer of Indianapolis-based OurHealth, a provider of employer on-site clinic services, after he ends his service with the state in early January. Gov. Mitch Daniels, who is leaving office in January, appointed Larkin to the position in 2010, replacing Dr. Judy Monroe. Larkin previously spent much of his career as Eli Lilly and Co.’s director of corporate health service and served as global medical director. After retiring from Lilly in 2007, Larkin served as the first chief medical officer of the Indiana Health Information Exchange, which promotes health information technology for the advancement of patient and community care.
Terri S. Ruff has been appointed executive director of Franciscan St. Francis Heart Center, starting on Jan. 6. Ruff will succeed Michael Hertel, who had led the heart center since 2006. Since 2002, Ruff has overseen all radiological programs at Franciscan St. Francis Health. Ruff holds a bachelor’s degree in health arts, a master’s degree in health care administration and an MBA from the University of St. Francis.
Indiana University Health Orthopedics and Sports Medicine named Dr. Walter Virkus as its director of orthopedic trauma services. He will be based at IU Health’s Methodist Hospital. Virkus spent the last 12 years in Chicago at Rush University Medical Center. He also served as chairman of orthopedics at the Stroger Hospital of Cook County. Virkus holds a bachelor’s degree from Muhlenberg College in Allentown, Pa., and a medical degree from the New Jersey Medical School in Newark.
Dr. Todd McKinley, an orthopedic trauma surgeon, has joined IU Health Orthopedics and Sports Medicine. Before joining IU Health, McKinley served as a professor and orthopedic surgeon for trauma services at University of Iowa Hospitals and Clinics. He earned his bachelor’s degree in aerospace engineering and mechanics from the University of Minnesota Institute of Technology and received his medical degree from the University of Minnesota Medical School.
Dr. Anthony Sorkin, an orthopedic trauma surgeon, has joined IU Health Orthopedics and Sports Medicine. Before joining IU Health, Sorkin served as director of orthopedic traumatology for Rockford Orthopedics, an orthopedic multi-specialty physician group, and as a professor at both Rush University Medical Center and the University of Illinois College of Medicine. He earned his bachelor’s degree in biology from the University of Miami and received his medical degree from the University of Maryland School of Medicine.
Dr. Michael Zlowodzki, an orthopedic trauma surgeon, has joined IU Health Orthopedics and Sports Medicine. He earned his medical degree from the University of Hamburg in Germany and his doctorate from Humboldt University in Berlin.
St. Vincent Medical Group recruited three orthopedic surgeons to provide care at Monroe Hospital in Bloomington, St. Vincent Dunn Hospital in Bedford and St. Vincent Jennings Hospital in North Vernon. The practice of Dr. Michael Ferrell, Dr. John Hammerstein and Dr. Brian Murphy will change its name from PremierOrtho to St. Vincent Medical Group Orthopedics and Sports Medicine, and will be based in Bloomington. Ferrell is a former commander in the U.S. Navy Medical Corps. He did his medical training at Virginia Commonwealth University. Hammerstein and Murphy did their medical training at the Indiana University Medical School.
Company news
Catamaran Corp. will add 50 jobs in Indianapolis over the next year to help it provide pharmacy-benefit-management services to the Indiana Medicaid program. The Illinois-based company will open an office downtown Tuesday to kick off its six-year, $60 million contract with the state. The contract, which officially begins April 1, pledges Catamaran to help Indiana Medicaid control the $800 million it spends every year to provide prescription drugs to Medicaid recipients. Catamaran will process Indiana Medicaid’s 12.5 million annual pharmacy claims, run clinical and technical call centers, handle electronic prescriptions and manage specialty medications. The Indianapolis office, located at 150 W. Market St., will house pharmacists, technicians and support staff.
Two investors in Indianapolis are trying to raise money to fill the gap in early-stage funding for life sciences companies in the Midwest. San Francisco-based CMEA Capital is trying to raise $100 million for early-stage life sciences investments, according to multiple people briefed by CMEA’s Midwest partner in the fund, Kent Hawryluk. Hawryluk, a co-founder of Carmel-based drug development firm Marcadia Biotech, will oversee Midwest investments of the fund from Indianapolis, with a focus on biotech and pharmaceutical companies, according to people familiar with his plans. In addition, Oscar Moralez, managing director of the StepStone Angels network, plans to start pitching a new fund to investors early next year. His plans are to raise $10 million to $20 million to invest in technology companies, including life sciences firms, in Indiana and surrounding states. “We feel the timing is right,” said Moralez. He described the fund he wants to raise as, in part, a "sidecar" to help the seven companies now supported by StepStone Angels—six of which are life sciences companies—to continue to get the cash they need to grow.
Due to the closing of Franciscan St. Francis Health’s Beech Grove hospital, Select Specialty Hospital-Beech Grove relocated from Beech Grove to a new freestanding location at 8060 Knue Road in the Castleton neighborhood. In its new location, Select Specialty Hospital has 45 beds, on-site CT machines, lab services, a rehabilitation area and a cafeteria. The hospital will now be called Select Specialty Hospital – Indianapolis.A North Carolina-based maker of cancer-fighting ultrasound machines plans to create 27 jobs at its Indianapolis facility over the next three years. US HIFU LLC will add positions paying an average of $36 an hour at its offices at 4000 Pendleton Way, on the northeast side of the city along Interstate 465 near Pendleton Pike. The company already employs 15 people at that location. The new jobs are for engineers, researchers and support personnel to help US HIFU make its Sonablate 500 system, which uses "high-intensity and focused ultrasound" to treat cancer with fewer side effects. US HIFU, founded in 2004, has yet to receive regulatory approval for its technology, but the company is studying it in a U.S. clinical trial for treating prostate cancer and around the world as a potential treatment for other cancers. The new jobs were announced Monday morning by the Indiana Economic Development Corp., which promised the company up to $350,000 in conditional tax credits and up to $50,000 in training grants. Also, the company has applied to Marion County for property tax abatement.
Novia CareClinics LLC opened the first multi-employer clinic for downtown employers Monday at its headquarters at 429 N. Pennsylvania St. Novia, which operates 50 clinics statewide, made its latest clinic open to other employers. Harrison College, the law firm Plews Shadley Racher & Braun LLP and McFarling Foods Inc. have joined so far. The 1,200-square-foot health and wellness center, first made public in July, will be staffed with a physician and nurses, offering primary care services 40 hours per week. The four companies using it have more than 500 employees combined at locations in or near downtown. Novia has said it needs to sign up 1,000 employees to make the cost per employee reasonable. If employer demand proves high, Novia could expand its downtown clinic to as large as 2,000 square feet, add a second physician or nurse practitioner, and serve as many as 2,000 employees.
European Union regulators have agreed to review the drug vintafolide, discovered by West Lafayette-based Endocyte Inc., bringing it one step closer to reaching the market. Endocyte and its development partner, New Jersey-based Merck & Co. Inc., said the European Medicines Agency will review vintafolide, formerly known as EC145, as a treatment for ovarian cancer that is resistant to platinum-based chemotherapy. The agency also will review their application for an imaging agent that can help identify patients most likely to benefit from the drug. According to the Associated Press, vintafolide and the diagnostic agent both have orphan drug status, which means competing products will be barred from the market for up to 10 years if they are approved. Merck will pay Endocyte $5 million because the application was accepted.
The government dropped its antitrust concerns about health insurer WellPoint Inc.'s proposed acquisition of Amerigroup Corp. last week, clearing WellPoint to proceed with the $4.9 billion deal. According to the Associated Press, U.S. Department of Justice officials had objected to the proposed merger because WellPoint and Amerigroup are the only providers of Medicaid managed care plans in northern Virginia. To address that concern, Amerigroup agreed to sell its Virginia business, Amerigroup Virginia Inc., to Inova Health System Foundation. It did not disclose financial terms of that deal, which was announced in September and is conditioned on the closing of the WellPoint-Amerigroup merger. The sale to Inova ensures that Medicaid users will have at least two options for managed care, the Justice Department said.
Novia opens first multi-employer clinic in downtown Indy
Novia CareClinics LLC, which operates 50 clinics statewide, made its latest clinic open to other employers. Harrison College, Plews Shadley Racher & Braun LLP and McFarling Foods Inc. have joined.
Fairbanks gets $1M from United Way for hospital expansion
The $2.5 million expansion will add 7,000 square feet of meeting and office space to Fairbanks’ 86-bed hospital for patients trying to recover from drug and alcohol addictions.
Anthem rolling out 401(k)-style medical benefits
Anthem Blue Cross and Blue Shield of Indiana will open a new online exchange to Indiana employers on Jan. 1, where workers could purchase medical benefits from a group of plans using a fixed sum of money given them by their employers.
ODLE: Stop letting our young athletes die
A number of high-profile deaths over the past 15 years have increased awareness of sudden cardiac death in the national sports community and public at large, but also here on home turf.
Grim budget picture shapes up for Indiana lawmakers
State tax collections—the lifeblood of the budget and everything from road-paving to classroom sizes—could remain stagnant as the state continues to crawl out of the recession.
Dialysis software firm finally making inroads
Vasc-Alert proves its technology, plans to expand into Europe.
Indiana employers desperate to improve workers’ personal habits
Skyrocketing health care costs prompt search for new ways to improve lifestyle choices.
2012 CFO OF THE YEAR: William Anthony Buckles
William Anthony Buckles, chief financial officer of Indiana Hand to Shoulder Center Inc., is a finalist in the private companies (revenue $100 million or less) category.
Cook wins approval for new stent
Bloomington-based Cook Medical won approval for the first drug-coated stent for clogged leg arteries in the United States, which accounts for 40 percent of the soon-to-be $3 billion market.
People
Dr. Huma Khan, a family physician and obstetrician, has joined Franciscan Physician Network as part of its South 31 Family Care practice. She previously practiced at St. Vincent Dunn Hospital in Bedford. Khan earned her medical degree in Pakistan and completed residency training at Marquette General Hospital in Michigan. Khan also received a master’s degree in public health from the University of New Mexico.
Company news
Diagnotes LLC, an Indianapolis-based developer of health care software, won the inaugural Hoosier Healthcare Innovation Challenge held by the economic development group Develop Indy. Diagnotes and two other finalists, CreateIT and Freedom Solutions, presented product demonstrations at the annual conference of the Indiana Healthcare Information and Management Systems Society. Diagnotes’ On Call software, which delivers patient medical records to smartphones of an on-call doctor, won $5,000 for taking first place. Diagnotes also won the business competition that was part of the Indiana Life Sciences Summit, staged by Indianapolis-based BioCrossroads, in October.
In a bid to compete for cancer patients with Indiana University Health and St. Vincent Health, Community Health Network will make its North and East hospitals affiliates of the University of Texas’ MD Anderson Cancer Center. MD Anderson, one of the best-known treatment centers for cancer, will certify the cancer physicians at the two hospitals and give Community access to the evidence-based treatment and follow-up plans developed by MD Anderson. “This is a game changer for our network,” Bryan Mills, CEO of Indianapolis-based Community Health Network, said in a prepared statement. “Professionals in the medical field know the MD Anderson name very well, as it’s the gold standard for cancer care.” Community also plans to seek MD Anderson Cancer Network certification at its hospitals in Anderson, Kokomo and on the south side of Indianapolis.
Advantage Health Solutions Inc. suffered a security breach that potentially affects members of the Franciscan Alliance accountable care organization. The breach occurred Oct. 19 when a subcontractor of Indianapolis-based Advantage mailed generic health questionnaires to 2,575 beneficiaries with individual identification numbers inadvertently displayed. No personal health or financial information was disclosed. Advantage, which provides care management and data services for the Franciscan ACO, said it is offering free credit monitoring to all members of the health plan.
West Lafayette-based Tymora Analytical Operations LLC received $300,000 from the National Institutes of Health to help it develop technology to help researchers develop drugs to treat cancer and diabetes, as well as immune and neurological disorders. The company’s technology, called PolyMAC, is based on research by Andy Tao, a Purdue University professor of biochemistry. Tymora received a $150,000 grant from the National Institutes of Health this year, and has also received a $150,000 grant from the National Science Foundation. All the grants are part of the federal government's Small Business Innovation Research, or SBIR, program.
Lawmakers brace for health law, potential costs
Indiana lawmakers can add confusion over the federal health insurance law to their already overflowing plate when they return for their 2013 legislative session in January.