Many retail analysts have forecast a ho-hum sales gain of about 2 percent this year; others predict an increase of up to 3.9 percent. But steadily cheaper gas could send holiday sales shooting above 5.4 percent, analysts say.
The court’s decision denied an injunction request from several bar owners who claimed the 2012 law would have a negative impact on their businesses.
In addition to managing the complexity and challenges of the Affordable Care Act, employers are assessing the law’s impact on their Worker’s Compensation program. The debate ranges from minimal influence to significant, with many experts hedging their bets with a wait-and-see approach.
The movement toward a “public health” model may be the most important current trend in American health care. Because the trend is more a result of market forces than of the Affordable Care Act, repealing Obamacare won’t stop it.
At 1.3 million square feet, the new hospital has plenty of room to display art, most of which was purchased with contributions from donors. The hospital is set to open Dec. 7.
Zionsville-based hc1.com Inc. announced an expansion plan Friday that it says will add 62 local jobs by 2017. Hc1.com will spend $1.4 million to lease and equip a 16,626-square-foot headquarters at Northwest Technology Park. Founded in 2001 as Bostech Corp., hc1.com sells health care relationship-management software to medical labs and radiology practices. The firm already has 80 employees, including 70 in Indiana. Brad Bostic, who co-founded ChaCha Search Inc., is the CEO. The Indiana Economic Development Corp. offered hc1.com up to $1 million in conditional tax credits and up to $100,000 in training grants based on the company's job-creation plans. Boone County approved additional incentives.
Eli Lilly and Co. will invest another $700 million in its diabetes manufacturing capacity, the Indianapolis-based drugmaker announced last week. The move includes a $45 million investment for Lilly's operations in Indianapolis on top of a $400 million investment the company announced over the past year. Lilly is expanding plants in Puerto Rico, China, France and at its headquarters in Indianapolis. According to Bloomberg News, China alone will see a $350 million buildup that will enable Lilly to produce more insulin cartridges for reusable devices. Lilly announced a year ago that it would build a $140 million insulin-cartridge plant in Indianapolis, then decided in April to spend another $180 million to more than double the size of the facility. In addition, Lilly is planning several other projects for its local operations totaling $80 million, including a $40 million product-inspection center. The number of diabetics worldwide is projected to grow to 592 million in 2035 from 382 million this year, according to a report released Thursday by the International Diabetes Federation. The report found that 80 percent of diabetics live in low- or middle-income countries.
Arcadia Developmental Center in Hamilton County has been closed by state authorities, resulting in the end of employment for 100 workers. New Age Healthcare LLC, which oversees the center, notified the Indiana Department of Workforce Development of the closure Nov. 11, according to a letter posted online Friday by the IDWD. Arcadia said the Division of Disability and Rehabilitative Services had ordered an immediate transfer of its residents to other service providers on Nov. 11. The state recently cited the facility for violations regarding infection control and other problems. The center, which was founded in 1998, began laying off employees Nov. 12 and expects to be finished by Dec. 31.
It’s no secret the growth of the U.S. economy slowed in the 2000s after the go-go decade preceding it. But the U.S. health care system—hospitals, doctors, drug companies, device makers and health insurers—apparently didn’t get that memo.
The state’s Division of Disability and Rehabilitative Services ordered an immediate transfer of the residents to other providers Nov. 11. The state recently cited the facility for violations regarding infection control and other problems.
The Affordable Care Act was designed to restructure the individual insurance market into a true insurance risk pool. President Obama should stop pretending those changes won’t affect everyone in the individual market, whether they want it to or not.
The state will provide a $600,000 grant for the next phase in a proposed project to build a $400 million reservoir in central Indiana.
‘Fracking’ has made natural gas cheap and abundant, but prices could rise with demand, costing consumers.
Federal officials and advocacy groups believe the project is making significant progress on pollution cleanup and other problems, but they’re short on yardsticks for confirming their impressions.
Child psychologist Jim Dalton leads a $43.5-million-per-year operation that serves clients with severe intellectual and behavioral challenges.
Obamacare put an end to health insurers’ worst methods for avoiding risk. But that doesn’t mean insurers have ended their risk-shifting ways. Not at all.
A Muncie group that opposes a proposal to build a new reservoir in central Indiana says the project raises health concerns, including waste from former auto industry plants that might contaminate the reservoir.
With an estimated 8 percent of shoppers using food stamps, the impact will probably be felt most acutely by discount retailers such as Dollar General Corp., Family Dollar Stores Inc. and Wal-Mart Stores, analysts say.
When my mother told me money can’t buy happiness, she was evidently onto something. Recently, the World Happiness Report recognized Denmark—a cold country with one of those high-tax “socialist, nanny-state” governments—as the happiest nation on Earth.
