Indiana hospital officials point to new studies showing more affordable health care
Multiple analyses highlighted Monday by the Indiana Hospital Association showed improved hospital pricing and more cost-effective care for Hoosiers.
Health Care & Insurance
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IBJ Podcast: Whatever happened to downtown’s elevated People Mover?
The tram recorded roughly 6 million rider trips on a 1.4-mile track running between Methodist Hospital, University Hospital and Riley Hospital for Children. But it came to a screeching halt in 2019.
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IBJ Podcast: Tech founder on building teams, loving pivots, fostering startup hustle in high schools
Scott Lingle, the co-founder of fast-growing Remodel Health, took a big leap at an age when most folks are getting more conservative. Now he’s helping hundreds of local high schoolers learn to launch businesses.
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Riley Children’s Foundation unveils $300M fundraising campaign, its largest in history
The Riley Children’s Foundation unveiled the campaign, called “Every Child Deserves Riley,” during its Red For Our Kids Gala on Saturday. The effort has seen early success—they’ve already quietly raised two-thirds of the goal.
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IBJ’s top 10 health care stories of 2024
It’s been another busy year in Indiana health care and life sciences, with headlines nearly every week announcing another billion-dollar deal or investment.
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Articles
IU Health prepares for huge increase in energy use with $4.3B hospital complex
The health care system’s plan to meet its energy needs includes working closely with its electricity provider, AES Indiana, building additional backup power systems and operating its own natural gas utility plant for heating and cooling.
Trump administration says lower prices for 15 Medicare drugs will save taxpayers billions of dollars
The latest negotiated prices apply to some of the prescription medications on which Medicare spends the most money.
Lilly rolling out direct-to-employer obesity drug coverage
The Indianapolis-based drugmaker said the coverage would be administered by third-party administrators to provide employers “transparent, flexible cost-sharing options” for their workers.
Health care plan circulated by the White House runs into familiar GOP divisions
The tentative proposal from President Donald Trump would extend expiring ACA subsidies for two years while adjusting eligibility requirements for recipients.
More people addicted to marijuana, but fewer seeking help, experts say
While pot isn’t as harmful as harder drugs, frequent or heavy use has been linked to problems with learning and memory, and to earlier onset of psychosis in people with genetic risk factors for psychotic disorders like schizophrenia.
Indianapolis lab agrees to pay more than $9M in settlement over improper Medicare claims
The government says the lab billed Medicare for tests that were unnecessary or tied to improper referral arrangements.
Rising health care costs prompt small businesses to find creative solutions
Business leaders say health insurance is causing heartburn among many small employers, forcing some to consider dropping coverage altogether.
Jim Lefevere: Can state turn health innovation momentum into sustainable scale?
Yet promising health tech companies still leave the state to raise growth capital.
Lilly joins $1 trillion club as weight-loss drugs fuel stock surge
It’s just the latest landmark for Indianapolis-based Lilly, which was catapulted into the top spot as the world’s largest health care company by market capitalization in 2023.
The surprising new use for GLP-1s: Alcohol and drug addiction
As GLP-1 drugs for weight loss and diabetes drugs such as Zepbound and Mounjaro generate billions in sales, researchers at Eli Lilly and Co. and other pharma companies are exploring their potential for other purposes.
Karen Celestino-Horseman: Thanks, Obama: The Affordable Care Act saved my life
The ACA was enacted to provide affordable health care for all people needing it. I have no idea how we lost sight of that vision.
Dr. Richard Feldman: Trump’s claims linking Tylenol, autism lack rigor
Women should feel safe prudently using Tylenol during pregnancy.
State kicking MDwise from Indiana Medicaid program
Indianapolis-based MDwise, which said it has provided Indiana Medicaid services for more than 30 years, has already launched a court challenge to the state’s action.
UPDATE: Eli Lilly stock reaches new high, tops $1,000-per-share mark
Lilly’s shares have taken off in the wake of several significant deals and after it received fast-track regulatory review for highly anticipated weight-loss pill orforglipron.
Health care premium spikes set to squeeze small businesses
Premiums for Affordable Care Act plans, which are used for thousands of small businesses, are expected to jump 114% on average in the new year, when COVID-era tax credits expire.
Terre Haute hospital merger to move forward after COPA approval
The Certificate of Public Advantage, or COPA, allows hospital mergers that the Federal Trade Commission otherwise considers illegal because they reduce competition and often create monopolies.
Trump unveils deal with Lilly, Novo to expand coverage, lower costs on obesity drugs
Thursday’s announcement is the latest attempt by the Trump administration to rein in soaring drug prices in its efforts to address cost-of-living concerns among voters.
Lilly earnings soar on growth of Mounjaro, Zepbound
With quarterly revenue up 54% from a year ago, Eli Lilly raised it guidance for the year, with the company now expecting revenue in the range of $63 billion to $63.5 billion.
Health insurance sticker shock begins as shutdown battle over subsidies rages
Lawmakers face greater pressure to act as Americans who buy insurance through the Affordable Care Act are seeing, or about to see, the consequences of enhanced subsidies expiring at the end of the year.