Accountable care organizations strike out in Indiana
None of the 11 ACOs with operations in Indiana saved money for Medicare or achieved a bonus for themselves last year.
None of the 11 ACOs with operations in Indiana saved money for Medicare or achieved a bonus for themselves last year.
Medicare will reduce payments to 68 Indiana hospitals—a 62-percent increase from last year—for having too many patients return within 30 days.
Indiana University Health named Ron Stiver president of system clinical services, a new position from which he will oversee IU Health’s ambulatory surgery centers, home health, critical care transport, retail pharmacies, sports performance and telemedicine. Since 2009, Stiver has been IU Health’s senior vice president of engagement and strategy. He earlier served as commissioner of the Indiana Bureau of Motor Vehicles and the Indiana Department of Workforce Development. Stiver earned a bachelor’s degree in economics from DePauw University and an MBA from Duke University.
Dr. Alison Grant, a family physician, has joined Community Health Network in Greenwood. She completed her medical degree at Jefferson Medical College in Philadelphia and earned a bachelor’s degree from Wellesley College.
Dr. Anthony Arata, a family physician, has joined Community Physician Network in Indianapolis. He earned a bachelor’s degree from the University of Notre Dame and a medical degree from Saba University School of Medicine in Netherlands-Antilles.
Dr. Jayender Chintaparthi, an endocrinologist, has joined Community Health Network in Indianapolis. He completed his bachelor of medicine and bachelor of surgery degrees at Kurnool Medical College in Kurnool, India.
Regal Entertainment Group, the operator of the nine theaters on the mall’s fourth floor, is ripping out the seats and replacing them with reclining chairs in hopes of increasing attendance.
Nearly two years have passed since Eli Lilly and Co. CEO John Lechleiter called for creating a “world-class” life sciences research institute in Indianapolis, and now the fledgling Indiana Biosciences Research Institute is on the verge of naming its first leader. That choice of a chief executive, expected before Thanksgiving, will telegraph a critical signal […]
Fizziology LLC, which earned its chops measuring entertainment industry buzz in Hollywood and New York, has created a stir by gaining a rare endorsement from Twitter for its newest product. The popular social media site on Sept. 30 bestowed its Twitter Certification on Momentum, a computer program Fizziology launched just a week earlier for tracking […]
Metronet, an Evansville-based communications service provider, announced Thursday that it has significantly boosted its maximum internet speeds to customers in rural central Indiana, a move that may strengthen its market position against bigger rivals.
Gains are needed on top of significant streamlining already in place.
Got some time between Oct. 2-8? Here’s a short list of stuff to do, including a visit from a legendary Broadway choreographer.
The clinics could rearrange the system by forcing price quotes and demanding that providers follow-through.
Team Penske this week added the Frenchman to its IndyCar lineup, which will have four full-time cars next season for the first time in team history.
In this week’s IBJ special Interview Issue, Peter Wilt is one of 29 people profiled. I’m using some space on The Score to reveal more of Wilt’s thoughts on sports business, fandom and connecting with the community.
Indianapolis Business Journal gathered leaders in the state's health care and benefits sector for a Power Breakfast panel discussion Sept. 26. The panel discussed disruption of employer clinics, health care spending and more.
Gershman Partners, which bought the Marott Center less than a year ago, wants to build the addition on an adjacent surface lot.
WellPoint created an HMO joint venture with seven big hospitals in Los Angeles. Could it do something similar here? Quite possibly.
Major Health Partners will construct an $89 million hospital on the north edge of Shelbyville, after nearly a decade of shifting services to that location. According to the Shelbyville News, Major’s board voted Sept. 22 to build a 300,000-square-foot facility in the Intelliplex technology park along Interstate 74 and move from downtown Shelbyville. Construction on the project could begin as early as next month and take about two years to complete. Major first revealed detailed plans for the hospital six weeks ago, but the project could not go forward until the board’s 6-0 vote. The hospital will include 56 beds, all in private rooms, and 38 outpatient observation beds. Major’s current hospital has 72 beds in mostly semi-private rooms. When completed, the new complex will also have four operating rooms and house 57 physicians and a staff of about 930.
Researchers at Purdue University and the Indiana University School of Medicine have received a $3.7 million grant to study how blueberries reduce bone loss in postmenopausal women. The five-year grant from the National Institutes of Health's National Center for Complementary and Alternative Medicine will pay for researchers to conduct human trials aimed at finding the most effective varieties and dosage levels of blueberriers for reducing bone loss. “This is one of the most compelling avenues to pursue in natural products research because blueberries would be a new alternative to osteoporosis drugs and their side effects,” said Connie Weaver, the head of Purdue’s department of nutrition science and one of the grant recipients.
Bernard Health, a health benefits brokerage firm based in Tennessee, opened its second retail store in Indianapolis last week. The 1,270-square-foot store is downtown on Pennsylvania Street, just north of Washington Street. Bernard, which now employs seven here in Indianapolis, opened its first local retail store in the Nora neighborhood in 2012 and now has 12 stores nationwide. For a fee, Bernard helps individuals and small businesses evaluate and purchase health benefits. It is one of several new models being tried out by benefits brokers in Indiana to adapt to new rules and opportunities under Obamacare.
The Indiana University School of Medicine received gifts totaling $1 million on the 40th anniversary of Dr. Larry Einhorn’s discovery of a drug combination therapy that nearly cured testicular cancer. In September 1974, Einhorn, a professor at the IU medical school, first tested the cancer drug cisplatin with two other cancer drugs—a combination that boosted survival rates from the cancer from about 20 percent to 95 percent. According to the medical school, 300,000 patients have survived testicular cancer after receiving the drug therapy Einhorn discovered. The most famous is Lance Armstrong, the cycling champion stripped of his victories after admitting to doping. The gifts will help launch a gene sequencing program among survivors so future patients can be given treatments that reduce side effects and complications. Half the donated money came from A. Farhad Moshiri of Monaco, who previously donated $2 million to IU. Another $300,000 will come from the children of local real estate magnate Sidney Eskenazi and his wife, Lois.
You know the drill—find a place where a contingent from your organization can fall back and talk about something important. (Or unimportant.)
Indianapolis Star political columnist Matt Tully has a desk at the newspaper’s downtown headquarters. But his office might as well be the handful of north-side coffee shops and cafés where he meets with politicians, civic leaders and business bigwigs who help inspire and shape his columns.
Before he helped launch professional soccer in Indianapolis, Peter Wilt earned six championship rings and record business growth for professional soccer teams in four American soccer leagues.