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.
Health Care & Insurance
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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.
Evansville medical campus expected to open in August
The facility will host students from Indiana University, University of Southern Indiana and University of Evansville.
St. Vincent says it remains ‘fully committed’ to West 86th Street campus
At the same time, the Indianapolis-based health system continues to sidestep questions about whether it is involved in a proposal to build a $1 billion hospital complex on a site just three miles from its 86th Street campus.
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.
Hospital complex costing $1B planned for 96th and Spring Mill
Neighbors contacted about selling their homes to make way for the development say St. Vincent Health is behind it. But a St. Vincent spokeswoman said the organization does not have “details to share” at this time.
Baldwin & Lyons reveals departure of chief operating officer
The Carmel-based transportation insurer did not say why the executive left the company. The news comes less than two years after another big shakeup that saw three executive departures.
FDA opens new path for Alzheimer’s therapy as failures mount
The Food and Drug Administration proposal will create new opportunities for drugmakers after repeated failures from companies including Indianapolis-based Eli Lilly and Co.
Baldwin & Lyons sees quarterly growth in premiums, profit
The Carmel-based company, which specializes in insurance for the transportation industry, reported an estimated tax benefit of $9.6 million in the fourth quarter due to the effects of federal tax reform.
New Community East is big bet as industry revenues slow
It will be smaller and sleeker and—if all goes according to plan—might actually make money, rather than ending each year in the red or barely breaking even.
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.
Report: Opioid makers gave $10M to advocacy groups amid epidemic
Companies selling some of the most lucrative prescription painkillers funneled millions of dollars to advocacy groups that in turn promoted the medications' use, according to a report released Monday
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.
Two Indiana initiatives aimed at fighting opioid epidemic
The state's Division of Mental Health and Addiction has added two dependency recovery initiatives—one virtual and one concrete.<
Amid Atlanta expansion, Anthem won’t say if HQ is staying here
On Feb. 21, Anthem will break ground in Atlanta for a 21-story office tower called the Anthem Technology Center. When completed in two years, it will house about 3,000 Anthem workers.
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.
IU School of Medicine receives $14M to create program for cancer patients, families
The goal of the program is to provide care for a patient’s overall physical, mental and spiritual well-being, including pain management, at-home support, nutrition assistance and help with navigating financial issues.
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.
Indiana Senate joins House in passing cannabis oil measure
The Indiana Legislature is poised to allow anyone to purchase and use a cannabis-derived extract believed to have therapeutic benefits, following a key vote by the state Senate on Monday.
Flush with cash, Anthem to dole out $1,000 contributions to 58,000 employees, retirees
The Indianapolis-based insurer, which already has reaped more than $1 billion from recent tax reform measures, plans to help employees sock it away.