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Articles
Testosterone drugs raise heart risk, study finds
Testosterone replacement drugs, a $1.6 billion market for Eli Lilly and Co. and others, boosted the odds of having a heart attack, stroke or dying by 29 percent in one of the first studies weighing the therapy's cardiovascular risks.
People
Dr. Amy Schmidt, a pathologist, has joined Wishard-Eskenazi Health. She did her medical training and received a doctoral degree at Saint Louis University School of Medicine.
Dr. Frank Messina, an emergency medicine physician, has been named medical director of the Wishard-Eskenazi Health Transition Support Department. Messina earned a bachelor’s degree from Columbia University and did his medical training at Mount Sinai School of Medicine of the City University of New York in 1987.
Keith Jewell has been picked to be the next president of St. Mary’s Health, an Evansville hospital that is part of Indianapolis-based St. Vincent Health. Jewell, currently chief operating officer of the Franciscan St. Francis Health hospital system in Indianapolis, will assume his new role in mid-December. An Evansville native, Jewell earned a bachelor’s degree in accounting and an MBA at the University of Southern Indiana. He began his health care career at Evansville’s Deaconess Hospital. He joined Franciscan in 1993.
Dr. Jillian Erb, a family physician, recently joined Sheridan Family Medicine. She earned a bachelor’s degree at Indiana University in Bloomington and her medical degree at the Indiana University School of Medicine.
‘Zero-premium’ insurance could leave hospitals hurting
So-called “zero-premium plans” are priced in such a way that their premiums would be no greater than the federal tax subsidies that low-income buyers could claim.
More progress needed for primary care docs
Thank you for [Oct. 21 Morris column] on the shortage of primary care doctors from a patient’s perspective.
The frightening future that’s haunting hospitals
Why are Indiana’s hospitals cutting jobs. Because they’re spooked about cuts to Medicare payments. They should be.
MILLER: Specialty medications have potential to cut costs
Today’s specialty medications are modern miracles, helping millions of patients with chronic, life-threatening illnesses such as cancer, multiple sclerosis and rheumatoid arthritis.
People
Dr. Karen Gallagher and Dr. Julie Lund, who formerly practiced as part of Eagle Creek OB/GYN, have transitioned into Indiana University Health Physicians' women’s health practice. Gallagher, an OBGYN, earned her medical degree at The Ohio State University. Lund, also an OBGYN, earned her medical degree at Southern Illinois University.
Dr. James Smith, an OBGYN, has joined IU Health Physicians in Carmel and Fishers. He earned his medical degree from the University of Louisville. He previously practiced at Georgetown University Hospital in Washington, D.C.
Dr. Courtney Browne, an OBGYN, has joined IU Health Physicians in Carmel and Indianapolis. She earned her medical degree from the IU School of Medicine.
Dr. Scott Bormann, a family physician, has joined IU Health Physicians at the IU Health Methodist Medical Plaza South. Bormann did his medical training at the College of Osteopathic Medicine at Des Moines University.
Bribery scandals sap Lilly’s China growth
Eli Lilly and Co. has been counting on torrid growth in China to help offset losses from patent expirations in other markets, but now slower growth in the Chinese economy and bribery allegations against Lilly and two other drugmakers have hampered Lilly’s growth there.
Five tech firms with varied niches are on promising trajectories
Reaching the publicly traded level might not happen for anyone in the next year or two, but Indianapolis has several companies (including Jeff Ready’s Scale Computing) that have hoisted themselves out of the often-shaky startup phases and are ready to take off.
People
Dr. Jihan Huggins, a family physician, has joined Community Physician Network, a part of the Community Health Network hospital system, in Indianapolis. She earned her medical degree at Indiana University School of Medicine.
Dr. Valerie Moss, an OB/GYN, has joined Community Physician Network in Anderson. She holds a medical degree from the University of Louisville.
Dr. Richard Ofstein, a vascular surgeon, has joined Community Physician Network in Indianapolis. He earned his medical degree at the University of South Dakota School of Medicine.
Dr. Ashlie Stallion, a pediatrician, has joined Community Physician Network in Indianapolis. She completed her medical degree at the Indiana University School of Medicine and her pediatric residency at Riley Hospital for Children.
Gretchen Gutman has joined Bloomington-based Cook Group as vice president of public policy. She most recently served as associate vice president for governmental relations at Ball State University. She spent eight years as chief advisor to the Senate Finance Committee of the General Assembly and was a partner at the law firm Taft Stettinius & Hollister LLP in Indianapolis, where she worked with Cook on state-government policy. Gutman holds a bachelor’s in history and a master’s in public affairs from Indiana University-Bloomington. She earned her law degree from the IU School of Law in Indianapolis.
Indiana’s insurance exchanges are pricey
The premiums offered by health insurers participating in the Obamacare exchanges put Indiana among the 10 most-expensive states in the country, according to data released last month by the U.S. Department of Health and Human Services.
MORRIS: Find a doctor, and call me in the morning
Political battles aside, there are practical concerns swirling around our health care future.
Republicans making same old mistake on health reform
Rather than railing incessantly against Obamacare, Republicans would do themselves and the country a favor if they finally agreed on a common alternative for fixing the health care system.
People
Dr. Larissa Day Walz, an internist, has joined Indiana University Health Physicians in Carmel. Walz earned a bachelor’s in biology from Butler University and a medical degree from the Indiana University School of Medicine.
Dr. Aaron Ashabraner, a family physician, has joined IU Health Physicians in Carmel. He previously was part of the St. Vincent Physician Network and before that cared for active-duty military personnel at the Little Rock Air Force Base. He holds a medical from the IU School of Medicine.
Dr. Erica Huddleston, a family physician, has joined Community Health Network in Indianapolis. She earned her medical degree at Wayne State University School of Medicine in Detroit.
Dr. Erik Cox, a pediatrician, has joined Community Physician Network in Anderson. He earned his medical degree at the IU School of Medicine.
The Indiana Family and Social Services Administration appointed Joseph Moser to serve as Indiana Medicaid director, beginning Nov. 18. Moser spent the last five years as director of government affairs and interim executive director for Medicaid Health Plans of America, a national trade association. Moser is a graduate of Marian University in Indianapolis.
Finding where the money is in health care
More than half of the $2.5 trillion consumers spend annually on health care in the United States flows to hospitals and doctors, with drug companies and health insurers trailing well behind.
Investors brace for lean years from Lilly
In a new round of predictions this month, Wall Street analysts indicated they expect Eli Lilly and Co.’s revenue to fall next year and to remain below 2013 levels until 2020.
Shift from information scarcity to abundance will transform health care
With payment reform and new technology, it’s plausible that health care will shift from being a bricks and mortar business to an information business–bringing us higher quality and lower costs. That’s exciting.
Company news
Bring in the relationship experts to label this one. St. Vincent Health and Monroe Hospital in Bloomington have pulled back from their “strategic alignment”—which had St. Vincent managing Monroe’s operations but was a step short of a merger—and will instead settle for a clinical partnership for cardiology, orthopedic and critical care services. Longtime St. Vincent executive Joe Roche, who had led the attempt to integrate the systems, will now become the CEO of Monroe Hospital, starting Monday. “We are appreciative for the opportunity to have explored integration options with Monroe Hospital, and to continue our clinical partnerships to serve the residents of Bloomington and surrounding communities,” Ian Worden, interim CEO of St. Vincent Health, said in a prepared statement. The Bloomington market is dominated by St. Vincent’s archrival, Indianapolis-based Indiana University Health, which owns IU Health Bloomington Hospital there. Monroe, which boasts 32 inpatient beds, was having financial difficulties and had been looking at a partnership with Franciscan St. Francis Health before it struck its deal with St. Vincent last year.
Less-than-expected profit in emerging markets and a decline in the Japanese yen could make it difficult for Eli Lilly and Co. to meet a goal of at least $20 billion in revenue next year, the Indianapolis-based drugmaker said Thursday. But the company said it would cut costs, if necessary, to reach its other 2014 goals of $3 billion in profit and $4 billion in operating cash flow. “I am confident in our outlook to return to a period of growth and expanding margins,” Chief Financial Officer Derica Rice said in a statement. Lilly will also take a hit from Obamacare. The 2010 law, known as the Patient Protection and Affordable Care Act, required drugmakers to give larger rebates to federally funded health plans and will add a tax onto all U.S. sales of prescription drugs. Those impacts, as well as Obamacare's elimination of a tax benefit for retiree drug coverage, will cost Lilly about $500 million this year. But Lilly might also see its sales hampered by the Obamacare exchanges, the online marketplaces that started Tuesday in all 50 states. That's because health insurers, in an attempt to keep premiums low, are creating narrower formularies that exclude some drugs from coverage. Similarly, insurers are creating "narrow networks" that offer coverage for fewer doctors and hospitals.
Indiana University Health plans to eliminate 935 workers in Indianapolis, Carmel, Fishers and Muncie, according to documents filed by the hospital system with the state. The cuts will affect 746 in Indianapolis at Methodist Hospital, Riley Hospital for Children, University Hospital and IU Health Physicians. In Carmel, 67 will be cut at IU Health North Hospital. Two will be trimmed at Saxony Hospital in Fishers. In Muncie, IU Health plans 120 cuts at Ball Memorial Hospital. IU Health employs about 36,000 statewide. It says it's looking to save $1 billion in costs over the next four years. The Indianapolis-based system said last month it must make the cuts because fewer patients have been coming to hospitals, and payment rates for its services have been declining.