IU Health operating earnings climb on strong patient volumes
The state’s largest health care system saw gains in admissions, inpatient days and surgeries, but visits to the ER and radiology exams dropped slightly.
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Hospital construction boom fans overbuilding fears
Even before news broke that an unidentified health care system had lined up 30 acres at 96th Street and Spring Mill Road for a massive development, projects costing billions of dollars were underway or on the drawing board across the region.
Franciscan nixes Carmel care center but prepares to open another in downtown Indy
Hospital systems have been opening urgent-care centers at a fast clip, using the small storefront locations to expand revenue, reduce demand on their emergency rooms, and get patients into their networks.
Hot-selling Lilly anti-inflammatory drug passes key hurdle for third use
The Indianapolis-based drugmaker said the medicine, called Taltz, proved effective for treating a type of back stiffness, and hopes to submit it for government approval this year.
Riverview Health to open 4 combination ER, urgent-care centers
The fast-growing health system, owned by Hamilton County, plans to begin construction this year and open the centers in Carmel, Fishers and Indianapolis in 2019.
Trump’s big promises on drug costs followed by modest steps
As a candidate, President Trump advocated Medicare negotiations and allowing consumers to import medicines from abroad. His current strategy recommends changes to policies that the administration believes unwittingly lead to higher prices, and suggests ways to speed drugs to market and increase competition.
Elanco uncertainty has Greenfield on edge
Since October, when Eli Lilly and Co. announced it was reviewing whether to sell or spin off Elanco, Greenfield city leaders have been wondering what the future holds for the city’s economy.
Secret discounts keep drug bills from soaring, middlemen say
Express Scripts Holding Co., one of the biggest pharmacy-benefits managers, says the drug-price deals it cuts behind closed doors are saving consumers a lot of money.
Greenlight Guru growing quickly making software for medical device makers
Greenlight Guru grew from 19 to 31 employees in the last year and expects to add nine more during the first quarter of this year.
Amazon, Buffett, Chase team up to cut health care costs for workers
News on Tuesday that Amazon was forming a new company with JPMorgan Chase and Warren Buffett’s big-pocketed Berkshire Hathaway sent shock waves through the health care industry.
House panel approves bill to raise state smoking age from 18 to 21
Lawmakers stripped a provision from the bill that would have boosted the cigarette tax from 99 cents a pack to $2.99.
Hospital groups creating company to make cheap generic drugs
Several major not-for-profit hospital groups, including the parent of St. Vincent Health in Indianapolis, are trying their own solution to drug shortages and high prices.
Health network pays about $55,000 ransom to hackers
Hancock Health in Greenfield says it has been able to recover the use of its computers and that no patient information was adversely affected.
Methodist Sports Medicine expands southward with acquisition
Methodist Sports Medicine, a private chain of orthopedic and sports clinics in central Indiana, is expanding into southern Indiana with the acquisition of Bloomington Bone & Joint Clinic.
Trump health pick wary of government drug price negotiations
Alex Azar, a former Eli Lilly and Co. executive, acknowledged to the Senate Finance Committee that drug prices are too high and said he'd work to lower them if confirmed as secretary of Health and Human Services.
Lilly CEO says tax reform could lead to more dealmaking
Eli Lilly and Co. CEO Dave Ricks said Monday that the recent changes in U.S. tax policy will help the drugmaker lower its global tax burden as he continues to look for deals in areas like oncology.
Firm that repairs ultrasound probes grows quickly
Fast-growing Fishers-based Probo Medical serves a niche within a niche: It repairs and refurbishes ultrasound equipment—more specifically, the probes for ultrasound systems.
Ambulance service to close doors in Indianapolis, eliminate 82 jobs
The layoffs are expected to take place Feb. 2, according to a notice filed with state workforce development officials.
Ascension launches consulting, training operation with 65 workers
The business, called Agilify, will help train clients how to use digital technologies to speed up time-consuming chores, such as tracking down payments from customers.
Hot-selling Lilly drug gets OK for second use
Taltz, launched in 2016 to treat plaque psoriasis, won approval from the Food and Drug Administration for a second indication—treating adults with a form of arthritis.