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Articles

WellPoint using deals to prep for new era in insurance

July 12, 2012

The buying spree is back on at WellPoint Inc., with a twist. A decade ago, the insurer consolidated Blue Cross and Blue Shield plans that catered to employers. Today, it is making deals to grow the non-employer part of its business.

Chrysler seeks $2.5M utility deposit from Duke Energy Indiana

July 13, 2012

The automaker is asking the Indiana Utility Regulatory Commission to look into its dispute with Duke Energy—and order the utility to return a deposit it required to keep the power on at Chrysler's Kokomo plants.

New IU public health schools reach milestone

July 16, 2012

Indiana University says an accrediting agency has approved its request to begin the accreditation process for the Schools of Public Health proposed for its Bloomington and Indianapolis campuses.

BrightPoint shareholder sues company over pending sale

July 16, 2012

A BrightPoint Inc. stockholder has filed suit against the company, charging that the $9 share price offered in its $840 million sale to California-based Ingram Micro Inc. is too low.

Company news

July 16, 2012

Indiana University has received the go-ahead to begin the accreditation process for new schools of public health proposed for its Bloomington and Indianapolis campuses, according to the Associated Press. University officials said the step by the independent Council on Education for Public Health kicks off an expected two-year process to create schools of public health on IU's two largest campuses.  The school on the Bloomington campus will focus on rural communities. The Indianapolis school will focus on urban health and health policy, as well as on collaborative work with the IU School of Medicine.

An antipsychotic drug that Eli Lilly and Co. hoped would be an improved replacement for Zyprexa failed in a late-stage study that compared patients taking the drug to those taking a placebo. The drug, known as pomaglumetad methionil, or mGlu 2/3, showed no difference versus a placebo. A control group of patients taking another drug, risperidone, which goes by the brand name Risperdal, did show a difference. Despite the failure, Lilly said it would continue to conduct two other clinical trials of the drug. Lilly is studying pomaglumetad methionil to see whether it can work as an antipsychotic without side effects like weight gain that come with current treatments. Zyprexa, which reached peak annual sales of $5 billion, lost its U.S. and European patent protection last fall.

A chain of dental offices that abruptly closed multiple Indiana locations in December 2010 left patients without care, refunds or records, according to a complaint filed by the Office of the Indiana Attorney General. Attorney General Greg Zoeller has filed a complaint against Allcare Dental & Dentures, which closed offices in Anderson, Avon, Evansville, Fort Wayne, Indianapolis, Mishawaka and Muncie. The complaint alleges multiple licensing violations against company President Robert Bates. The complaint says Allcare failed to reimburse patients who paid upfront for services that weren’t completed; failed to complete dental procedures in progress; didn’t provide dentures that were fabricated; and locked dentists out of their offices, rendering them unable to notify patients or transfer patient records as the law requires. Massachusetts, New Hampshire, North Dakota, Ohio and West Virginia also have taken actions against Bates’ dental licenses for similar violations. Bates has settled or been party to consent agreements with licensing boards of each of those states, according to the AG’s complaint. The Indiana State Board of Dentistry is scheduled to conduct a hearing on the complaint Oct. 5.

After six months of denying coverage for a $350 genetic test for each of three Indiana children, Indianapolis-based WellPoint Inc. reversed itself and will now pay for the tests, according to Bloomberg News. The father of the three children, Matthew Christman, has an inherited heart disease that often strikes without warning. Since December, WellPoint’s Anthem Blue Cross and Blue Shield unit had denied paying for the test, saying it was “experimental” and “not medically necessary,” according to Bloomberg. The test is made by New Jersey-based Bio-Reference Labs Inc.
 

IU Health makes prestigious Honor Roll list

July 17, 2012

For the first time, Indiana University Health has been named to U.S. News & World Report's "Best Hospitals Honor Roll," a distinction that goes to the top medical centers in the country.

Browning ordered to testify over Duke Energy CEO’s ouster

July 17, 2012

Indianapolis real estate developer and Duke Energy Corp. director Michael Browning has been ordered to appear Friday before the North Carolina Utilities Commission, which is investigating the unexpected ouster of the utility’s new CEO just hours after the company merged with Progress Energy Inc.

City, state planning another Super Bowl bid, sources say

July 18, 2012

Officials for the city and the state are expected to announce plans to bid on another Super Bowl for Indianapolis, multiple media outlets reported Tuesday, citing anonymous sources.

City plans bid on 2018 Super Bowl

July 18, 2012

Officials are emboldened by the financial results of the city’s first time hosting the NFL championship game in February, which produced a direct economic impact of $176 million, according to a study commissioned by the Indianapolis Super Bowl Host Committee.

Gen Con gaming for another attendance record

July 18, 2012

As crowds get bigger, businesses take more notice.

Stadium size, hotel space to be issue in Indy’s bid to host 2018 Super Bowl

July 19, 2012

League sources say a stadium with capacity below 75,000 will have difficulty landing a future Super Bowl. Even after expansion, Lucas Oil Stadium is 3,000 to 5,000 short.

Insurance company key to Franciscan-American Health partnership

July 19, 2012

Hospital system’s health insurance unit has IT infrastructure that will allow physicians to participate in Medicare’s shared savings program.

EDITORIAL: Indy Rezone initiative off to good start

July 19, 2012

The city unveiled the Indy Rezone plan July 5, and it’s clear from the top of the project flow chart that fresh perspectives are welcome.

MAURER: Jim Rogers is rarely outmaneuvered

July 19, 2012

“My grand pappy was a chess grand master,” Jim Rogers declared as we sat down to a game back in the early 1990s. Jim was a pal. When he and his wife, M.A., lived in Carmel, we vacationed together and enjoyed running and biking on the weekends. He was a competitor. He liked to win.

Scale Computing new storage unit with server could play in $5B market

July 19, 2012

Local firm’s new data center is seen as an alternative to so-called “virtualization” trend.

LOU’S VIEWS: When painters snap

July 19, 2012

Indianapolis Museum of Art’s new ‘Snapshot’ exhibition examines the photography that inspired 7 artists. Plus, ‘Cabaret’ at the Athenaeum.

How will critics rage against Super Bowl impact now?

July 20, 2012

Hosting big events like the Super Bowl will always draw out some critics in central Indiana. But a close look at the numbers inside the recently released Super Bowl economic impact should quiet the howling.

NCAA hammers Penn State with major sanctions

July 23, 2012

The NCAA on Monday morning slammed Penn State with an unprecedented series of penalties, including a $60 million fine and the loss of all coach Joe Paterno's victories from 1998-2011, in the wake of the Jerry Sandusky child sex abuse scandal.

Penn State sanctions ‘watershed moment’ for NCAA

July 23, 2012

The National Collegiate Athletic Association’s swift and severe punishment of Penn State University over a sexual abuse scandal is a bold departure from its normal operating procedure.

Lids division renews contract with IUPUI

July 23, 2012

Under the five-year deal, Nike will maintain its status as the official outfitter of all student athletes on the 16 varsity sports teams at IUPU. The initial deal was signed in October 2009. Terms of the current agreement were not disclosed.

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