John Visconti helped revamp the organization's business model, which led to a one-year revenue increase of 93 percent, taking it from a $4.1 million operating deficit to a $900,000 surplus.
Derica Rice, CFO at Eli Lilly and Co., held a host of positions with the pharmaceutical giant before taking over as CFO of the entire operation in 2006.
The money is designed to further the life sciences group’s work on such initiatives as the Indiana Biosciences Research Institute and the Indiana Health Information Exchange.
Facing the loss of key hospital contracts, the Indiana Blood Center cut 27 jobs on Friday, announced the retirement of its CEO and said it will join a consortium of Midwest blood centers.
Oops. When Indianapolis-based WellPoint Inc. sent emails to remind its customers to get preventative screenings, it mistakenly included information in the subject line about whether they had received various screenings in recent years. One of the emails from a customer in California was sent to Reuters. That subject line read: " – Don't miss out […]
HHGregg Inc. is about to embark on a search for its fourth merchandising manager in just over two years, the Indianapolis-based retailer disclosed in a filing with the SEC.
Even without Medicaid expansion, Obamacare appears to have substantially reduced the more than 900,000 Hoosiers that go without health insurance during a year.
A feed additive for animals made by Greenfield-based Elanco Animal Health sparked two federal lawsuits last week filed by environmental and public health groups against the U.S. Food and Drug Administration. According to Reuters, the suit seeks to reverse the FDA’s recent approvals of products containing ractopamine that are used to boost the weight of […]
After planning a move to Westfield, Algaeon Inc. has instead leased new space in Indianapolis for a research and production facility. Planning 25 hires, it is seeking a tax break from the city on $4.9 million in new equipment.
WellPoint’s stock has benefited the most among major insurers since the 2013 launch of the Obamacare exchanges, along with tax subsidies to buy insurance.
New Jersey-based Covance Inc., which employs about 1,500 workers in Indianapolis and Greenfield, has agreed to be acquired by Laboratory Corp. of America Holdings for $6.1 billion. According to Bloomberg News, North Carolina-based LabCorp wants to add contract research services for drug companies to its offering of medical diagnostic tests, the companies announced Monday. Covance […]
A year after announcing plans to move its headquarters from San Diego to Carmel, wellness provider American Specialty Health has about 170 employees working in central Indiana—including 60 who relocated from other offices. It plans to hire another 30 this year and up to 250 in 2015.
Local Initiatives Support Corp. has unveiled the results of a year-long study to identify the best uses for vacant industrial properties and what areas of the city need the most attention. Topping the list: the East Washington Street corridor.
Lilly CEO John Lechleiter kicked off the company’s quarterly conference call with investors and analysts by declaring an end to the “unprecedented challenge” that Lilly lived through the past four years.
The Health Foundation of Greater Indianapolis awarded grants totaling $3.15 million to 10 health care providers and AIDS service agencies to help end AIDS in Indiana. The grants are more than six times as much money as the Health Foundation has given in any previous year. The largest grant, $1.3 million, will help The Damien […]
