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Articles
Indianapolis tech firms, hospitals discover mutual need
An initiative is matching tech entrepreneurs with hospital officials in the hope of solving health care problems.
People in the news
People listings are free. Information must be submitted at least 11 days before the Monday issue in which it is to appear. Publication of information might be delayed due to space limitations. To submit information and photos online go to www.ibj.com and use the People submissions form. Photos may be sent as jpegs, 300 dpi […]
Company news
Indianapolis-based WellPoint Inc.’s $4.9 billion acquisition of Virginia-based Amerigroup Corp. is expected to be approved Oct. 23 after Amerigroup officials agreed to delay a shareholder vote for two weeks to resolve investors’ claims they were being shortchanged in the deal, according to Bloomberg News and Dow Jones Newswires. Amerigroup officials said they would consider new offers to buy the company, but with shareholder advisory groups Institutional Shareholder Services Inc. and Glass Lewis & Co. both endorsing the deal, new offers are not expected to materialize. The acquisition, announced July 9, would make WellPoint–already the second-largest U.S. health insurer–the largest private provider of Medicaid plans for low-income patients. Amerigroup helps states manage health coverage for the poor. Some investors sued Amerigroup’s board in August alleging directors, along with financial adviser Goldman Sachs Group Inc., put their own interests ahead of shareholders by backing the WellPoint offer when there was a second suitor that had expressed interest.
WellPoint Inc.’s National Government Services unit will add more than 100 jobs in Indianapolis beginning late this year or early in 2013 after the health insurance giant won a new contract with the federal Medicare program. The contract, awarded in late September, makes WellPoint’s NGS unit the administrator for hospital and physician bills racked up by 2.7 million seniors on Medicare in Illinois, Minnesota and Wisconsin. It also puts NGS in charge of home health and hospice bills for Medicare recipients in 13 states and five U.S. territories. If NGS keeps the contract for its maximum five-year term, the deal will bring in an estimated $318 million in revenue and account for roughly 20 percent of all NGS revenue. In May, WellPoint was forced to lay off 112 local workers after it lost a separate Medicare contract for Indiana and Michigan. WellPoint officials said a “large majority” of those employees will be asked back to work on the new contract. The new contract will add 200 to 300 workers to NGS, with half or more of those jobs being added in Indianapolis. The balance of the new positions will be added at an NGS office in Milwaukee. NGS now employs 2,000 people, including about 500 in Indianapolis. Winning the contract also helps NGS hold on to some workers that it might have had to let go. All told, more than 450 NGS employees will work on the new contract. Those employees will do claims processing, information technology support, and audit and reimbursement reviews of Medicare bills. NGS also will hire nurses to conduct medical reviews of claims.
Indianapolis-based Dow AgroSciences LLC acquired the assets of California-based Cal/West Seeds, which supplies alfalfa, clover and other crops to seed companies and growers in the United States, Canada and 25 other countries around the world. Financial terms of the agreement were not disclosed. “Cal/West fits our business model–they are not only a technology developer in their industry, but also have a strong genetics program which will strengthen our forages business,” said Rolando Meninato, the global leader of Dow Agro’s seeds, traits and oils business. The Cal/West acquisition will complement another alfalfa company Dow AgroSciences acquired in 2008, called Dairyland Seed, and will give Dow Agro one of the largest forages businesses in the industry. Dow Agro is a subsidiary of Michigan-based Dow Chemical Co.
Indiana Wesleyan University’s School of Health Sciences, which is under construction in Marion, will add graduate degree programs in physical therapy, occupational therapy, athletic training and public health. "Many professionals engaged in the health professions may desire to earn graduate or advanced degrees while entry-level positions now require graduate degrees," said Larry Lindsay, founding dean of the School of Health Sciences. "We are responding to the future needs of those students in the health professions. Thus we seek to become a major Christian provider of health and human services at the local, state, national and global level." A new building to house the school is expected to be ready to open in fall 2014. In 2010, Indiana Wesleyan lost out to Marian University as the site of a new medical school in Indiana. Indiana Wesleyan is an evangelical Christian university of The Wesleyan Church, founded in 1920. It enrolls more than 3,000 students on its campus in Marion and more than 12,000 at satellite education centers in Indiana, Kentucky, Ohio and over the Internet.
The Franciscan Alliance hospital system has absorbed Medical Specialists, a 55-physician practice in northwest Indiana. The group of primary care providers and specialists is now called Franciscan Medical Specialists, and provides care in such fields as endocrinology, OB-GYN, orthopedics, pulmonary medicine and rheumatology. It has offices in Munster, Dyer, Hammond, Hobart, La Porte, Merrillville, Michigan City, Schererville and Valparaiso. Franciscan Alliance, which is headquartered in Mishawaka, operates 13 hospitals in Indiana and Illinois, including three in the Indianapolis area.
St. Vincent, Community team up, forming colossus
Three area hospital groups—St. Vincent Health, Community Health Network and Suburban Health Organization—have agreed to join forces to manage patients’ health and strike new kinds of contracts with employers and health insurers.
Try this text for HC life sciences power breakfast transcript
WALL: One of the big changes coming out of the 2010 health reform law is a push for health care providers to provide care more based on value, a little less based on volume of services. One concept toward that goal is this accountable care organization concept. It’s similar in many ways to health maintenance […]
Will Medicaid expansion actually work?
It would be “absurd” and a “travesty” for Indiana not to expand its Medicaid program, according to two local hospital officials. And yet other health care leaders do not expect expanded Medicaid coverage to provide nearly as much help to uninsured Hoosiers as hoped.
People
Joyce Irwin has been named CEO of Community Health Network Foundation, the charitable arm of the Indianapolis-based Community Health Network hospital system. On Oct. 22, Irwin will replace Dr. Jeffrey Boester, who has served as interim CEO since June, following the departure of Michele Dole. Irwin was most recently national director of state government affairs, regulatory and public policy at Roche Diagnostics Corp. in Indianapolis. Before Roche, Irwin worked as a consultant on corporate public policy for Eli Lilly and Co. She holds bachelor's and master's degrees in education from Indiana University.
AIT Laboratories has named Paula Conroy its chief financial officer. Conroy most recently operated her own consulting business specializing in CFO services for privately held companies. Conroy previously worked at the U.S. Securites & Exchange Commission and Ernst & Young LLP. She holds both a bachelor’s in management and an MBA from Purdue University and is a certified public accountant.
Dr. Sarah Ali, an oncologist and hematologist, has joined Franciscan Physician Network Oncology & Hematology Specialists on the south side. Ali earned her medical degree at St. George’s University School of Medicine in Grenada, West Indies, and completed a hematology-oncology fellowship at Michigan State University.
Sean Fallon has been named chief technology officer for CNO Financial Group Inc. He most recently worked at Lincoln Financial Group, where he served as vice president for application development in its group protection division. Fallon holds a bachelor’s degree in business and finance from the University of Wisconsin at Madison and a master’s in finance from the University of Wisconsin at Milwaukee.
The Fishers-based Behavior Analysis Center for Autism hired psychologist Genae Hall as its new research director and consultant. She currently serves as the co-director of Behavior Analysis and Intervention Services. A native of California, Hall holds a bachelor’s degree in psychology from the University of California at Santa Barbara, a master’s in psychology from Western Michigan University, and a doctorate in psychology from West Virginia University.
Hospital loyalty low among patients in central Indiana
Regenstrief study finds many visit two different facilities within year’s time.
People
Dr. Kristina Whitesell, a pediatrician, has established a practice with Franciscan Physician Network Heartland Crossing Pediatrics in Camby. Whitesell earned her medical degree at Washington University School of Medicine in St. Louis and also earned a bachelor’s degree in biochemistry from Gustavus Adolphus College in Minnesota.
Indianapolis law firm Hall, Render, Killian, Heath & Lyman has hired attorney Janelle McIntyre as part of its Indianapolis litigation group. McIntyre completed her undergraduate studies at Indiana University and earned her law degree at IU McKinney School of Law.After nearly 30 years as an attorney at Indianapolis law firm Riley, Bennett & Egloff, Mary Reeder has accepted a position as in-house general counsel at Reid Hospital & Health Care Services in Richmond.
Victor Vinci has joined Bloomington-based Cook Pharmica as chief scientific officer. Prior to joining Cook, Vinci worked many years at Eli Lilly and Co. in Indianapolis. He also spent six years at Merck & Co. Inc. He holds a master’s degree and a doctorate in microbiology from The Ohio State University. He also holds a bachelor’s degree in chemistry and microbiology from Bowling Green State University.
People
Dr. Wafic ElMasri, a gynecologic oncologist, has been hired by Community Physician Network, a division of Indianapolis-based hospital system Community Health Network. ElMasri, a native of Beirut, Lebanon, did his medical training at the American University of the Caribbean School of Medicine. He previously held jobs as a professor in the OB/GYN department at Texas Tech University and as a research fellow at the National Cancer Institute. His office is in Castleton.
Dr. Peter Schilt, an ear, nose and throat specialist, also was hired by Community Physician Network. Schilt, a native of Carmel, did his medical training at the Indiana University School of Medicine. His office is in Noblesville.
Fort Wayne-based NoMoreClipboard hired Tom Penno as vice president of channel management, overseeing relationships with the company’s sales and distribution partners. NoMoreClipboard offers Web-based personal health record systems to patients and employers. Penno was most recently chief operating officer at the Indianapolis-based Indiana Health Information Exchange.
Dr. Timothy Shoemaker, an endocrinologist, has established a practice with Franciscan Physician Network Diabetes & Endocrinology Specialists in Indianapolis, which is part of the Franciscan St. Francis Health hospital system. Shoemaker earned his medical degree at the Indiana University School of Medicine.
Christine Liedtke, a psychologist, has joined the Carmel office of Aspire Indiana, which provides therapy, recovery and employment services to people with mental health disorders or addictions. She specializes in treating children and families. Liedtke graduated in 2009 from the American School of Professional Psychology at Argosy University in Washington, D.C.
People
Dr. Gary Dunnington, a surgical oncologist, has been named chairman of the Indiana University School of Medicine department of surgery. Dunnington comes to IU after 15 years at the Southern Illinois University. Previously, he was an associate professor of surgery at the University of Southern California School of Medicine. Dunnington graduated from Chrysler High School in New Castle, Ball State University and the IU School of Medicine.
The School of Science at IUPUI hired Lisa Jones as an assistant professor of chemistry, specializing in bioanalytical chemistry. Before coming to IUPUI, Jones taught at Missouri College. Jones earned her doctorate in biochemistry from Georgia State University and her bachelor’s degree in biochemistry from Syracuse University.
David Delaney has been appointed director of business development for Franciscan St. Francis Health. He most recently served as a community and business development consultant for Indianapolis-based Advantage Health Solutions Inc. Delaney holds a degree from Purdue University.
The Indiana University Melvin and Bren Simon Cancer Center has added the following researchers: Jill Fehrenbacher, who studies how cancer therapies cause numbness and burning pain; Dr. Emma Rossi, who studies minimally invasive and computer-assisted surgical techniques for gynecologic cancer; Dr. Peter Schwartz, who conducts research on patient understanding and decision-making; Dr. Rebecca Silbermann, who studies multiple myeloma bone disease; and David Waning, who studies musculoskeletal complications in cancer and cancer therapy.
Company news
Indianapolis-based St. Vincent Health will manage operations at Monroe Hospital in Bloomington under an agreement announced Sept. 4. Adding Monroe gives St. Vincent control of hospitals stretching from Indianapolis to Bedford and even farther south to Salem and Evansville. St. Vincent owns or operates 22 hospitals around the state. The only other Indiana hospital with that kind of geographic reach is Indianapolis-based Indiana University Health, which owns Bloomington Hospital. St. Vincent will oversee quality and safety efforts, physician relations, patient experience, finance and other functions to increase efficiency and reduce costs. The 32-bed facility, which opened in 2006, is owned by Alabama-based Medical Properties Trust Inc. Monroe has routinely lost money, including a loss of $13.2 million in 2011, according to hospital reports to the federal Medicare program, made available by the website AHD.com. Monroe had total patient revenue last year of $102.4 million. The hospital had been courting potential partners or buyers for at least two years. It entered discussions not only with St. Vincent, but also with Mishawaka-based Franciscan Alliance and Munster-based Community Healthcare System.
Nyhart Actuary & Employee Benefits has established its first office on the West Coast with its latest acquisition. Nyhart will add 15 employees by acquiring San Diego-based Epler Co., a regional actuarial, employee benefits and compensation-strategies firm. Nyhart now has 100 employees, including 70 at its headquarters in Indianapolis. Financial terms of the deal were not disclosed. The deal gives Nyhart new expertise on employee compensation, which it hopes will help bolster its pension business for private, church and public plans. Nyhart serves plans with $15 billion or more in assets, providing fund analysis, advisory services on employee compensation and retirement benefits, and actuarial work on health care issues. It is the third acquisition Nyhart has made in the last two years.
Tymora Analytical Operations LLC has received a $150,000 grant from the National Institutes of Health. The West Lafayette-based company will use the money to develop nanotechnology products that aim to help researchers analyze the adding of phosphate molecules to proteins in the body, a process that plays a role in cancer, Alzheimer’s disease and other maladies. Tymora’s leading product would allow researchers to detect multiple changes to proteins in a single experiment. The 2-year-old company has been funded by a grant from the National Science Foundation, an investment by Purdue’s Emerging Innovations Fund and winnings from business plan competitions.
Riley Hospital for Children at Indiana University Health will now make its pediatric specialists available at The South Bend Clinic. Riley specialists in cardiology, diabetes, gastroenterology, neurology and rheumatology will see patients from throughout the northern Indiana and southern Michigan regions. Riley's hospital facility in downtown Indianapolis treats children from all over Indiana and beyond the state's borders.
St. Vincent adds Bloomington hospital to its fold
Indianapolis-based St. Vincent Health will manage operations at Monroe Hospital in Bloomington under an agreement announced on Tuesday. Monroe gives St. Vincent a line of hospitals stretching from Indianapolis to Bedford and even farther south to Salem and Evansville.
Company news
Franciscan Alliance, the hospital system based in Mishawaka, has established Franciscan Physician Network to unite the system’s growing number of employed doctors under one name. Franciscan Physician Network has more than 750 physicians at 260 practice locations. The rebranding changes the name of Franciscan’s 200 employed doctors in central Indiana, who went by the name St. Francis Medical Group. Franciscan Alliance operates three hospitals in central Indiana—in Indianapolis, Mooresville and now a short-stay hospital in Carmel. Other groups that are also part of the Franciscan Physician Network include Sigma Medical Group in West Central Indiana, the Woman’s Clinic, Lafayette OB/GYN and Premier Healthcare for Women in Lafayette, Athens Medical Group in Crawfordsville, and HealthPartners Medical Group, Medical Associates and Hammond Clinic in Northern Indiana.
An Indiana University study has found that what people studied in college had a direct effect on their chances of employment during the Great Recession. According to the Associated Press, people with degrees in health, education and biology/life sciences had the best chance of getting and holding a job from 2009 to 2010. Only one out of every 44 graduates in those fields found themselves unemployed, according to data analyzed by the Indiana Business Research Center at IU's Kelley School of Business. By contrast, one out of every 13 people with degrees in architecture, industrial arts, consumer services and engineering suffered unemployment in 2009 and 2010. The study used data from the Indiana Workforce Intelligence System to examine the employment history of 178,000 people living in Indiana who graduated from state public colleges and universities.
The Cancer Care Group in Indianapolis said a laptop computer bag containing private information on as many as 55,000 patients has been stolen. The bag was stolen from a Cancer Care Group employee's locked vehicle on July 19, the physician group said in a prepared statement. The Cancer Care Group, headquartered at 6100 W. 96th St., is one of the largest radiation oncology private physician practices in the country, with more than 20 oncologists. The bag also contained similar information about the group’s employees. The group said the bag has not been recovered, but there has been no evidence to suggest the information has been used. Patients and employees have been notified of the theft.
Family Physicians of Carmel, a three-doctor practice, has joined St. Vincent Medical Group. The new physicians joining St. Vincent are Dr. Daniel Crabb, Dr. Rhys Jones and Dr. Stephen Lang. Crabb and Lang earned their medical degrees from the Indiana University School of Medicine. Jones earned a degree from the University of Western Ontario Medical School of London in Ontario, Canada.