More of St. Vincent’s profits ‘ascending’ to its owner

St. Vincent’s operations produced a healthy profit margin of 10 percent last year, but nearly half of that money—$134 million—was shipped to Ascension Health, St. Vincent’s parent organization. That’s nearly 5 percent of what Hoosiers and their health plans pay for care at St. Vincent each year.

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Health VC dollars tripled in Indiana

Indiana’s health care companies attracted $103.8 million in investments last year, the highest total since attracting 2007. However, all but $3 million of last year’s investments came during the first six months of the year and Indiana continued to lag other Midwest states.

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The Billion Dollar Decision

When the U.S. Supreme Court hands down its ruling on Obamacare’s tax credits, it could zap nearly $1 billion from Hoosiers’ finances. In fact, Hoosiers buyers on Obamacare’s exchanges have more to lose, as a percentage of their incomes, than the residents of all states other than Alaska and Mississippi.

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Hoosier hospitals create new tool to help health care shoppers

Recognizing that more and more Hoosier patients are trying to shop for health care, the Indiana Hospital Association has created a web tool with price and quality information for all hospitals around the state. But bigger changes to the health care system will be needed before consumers have the kind of information they expect in other industries.

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Study: Nursing home building boom is costing state millions

The state Medicaid program will pay $24 million more due to the nursing home building boom that occurred in 2014, according to an analysis by accounting firm Myers & Stauffer. The nursing home industry will use that figure to once again argue for halt to new construction.

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Regrets of ending an employer health plan

This spring, Keith Pitzele ended his company’s health plan and sent his workers to the Obamacare exchange. It was a bumpy experience he’s glad he won’t have to repeat next year. Does that mean most employers won’t follow suit?

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Are workplace wellness programs worth it?

Believe it or not, wellness is now a minefield for businesses. The Equal Employment Opportunity Commission has taken up three lawsuits against companies because of their wellness programs. And new research finds that wellness programs probably cost employers money.

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