Humana cutting 2,700 jobs amid uncertainty in health care
Louisville-based Humana Inc. plans to eliminate the jobs through a combination of about 1,500 layoffs and 1,200 buyouts for senior employees.
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Indiana prosecutors vehemently oppose medical marijuana
The Association of Indiana Prosecuting Attorneys argues any type of marijuana legalization would come with grave consequences.
Analysts, investors laud Anthem’s new CEO, but reasons for turnover remain unclear
Stock analysts hailed Gail Boudreaux as an experienced, proven insurance executive, but some wondered why the company rolled out a succession move on such short notice.
Anthem confirms appointment of Boudreaux as CEO
Former UnitedHealth Group executive Gail Boudreaux, 57, is succeeding Joseph Swedish, 66, who will serve as executive chairman until mid-2018.
Boudreaux a trailblazer with vast experience in health insurance industry
Gail Boudreaux’s appointment as CEO of Anthem Inc., announced on Monday, makes her the highest-ranking female executive in the health insurance industry.
Report: Swedish to step down from Anthem
The Wall Street Journal reports that the Indianapolis-based insurance giant will name Gail Boudreaux, a former CEO of UnitedHealthcare, as its new chief executive.
American drug deaths skyrocketed in 2016, new report shows
The rate of deaths increased slightly in every quarter of 2016, indicating an accelerating epidemic. That crisis has been driven by opioid abuse.
Assessing Elanco options: sale, spinoff or status quo?
Lilly CEO David Ricks says the time is right “to consider a variety of options to maximize future value,” such as an initial public offering. But analysts say an IPO would make more sense if Elanco were performing better.
Carmel software firm in midst of expansion, 40 hires
Clinical Architecture is spending $4.2 million on its new headquarters space while seeking software developers, clinical experts, salespeople and product managers.
UPDATE: Indy-based health insurer MDwise to be acquired by Michigan firm
After the deal closes, the insurers are expected to collectively cover more than 620,000 people and generate annual revenue approaching $6 billion.
Lawsuit targets Trump’s rollback of birth-control rule
Two national advocacy groups filed a federal lawsuit in Indiana on Tuesday challenging a rule change by President Donald Trump's administration allowing more employers to opt out of no-cost birth control for workers.
West Lafayette biotech raises $40M to develop cancer-imaging drugs
The company said the funds would help it test its lead compound in late-stage clinical trials, allowing surgeons to detect cancerous cells with the help of fluorescent dyes.
IU Health pushes further into Fort Wayne, a market in upheaval
The Indianapolis-based health system said it will open a primary-care medical office in Fort Wayne early next year, and is examining “a long-term presence” in the market.
Aetna shares surge after reports of $66B offer from CVS
A deal would create a health-services giant and a bigger competitor for UnitedHealth Group Inc., which is the largest U.S. health insurer and has its own own clinics and a pharmacy-benefits unit.
Walgreens to close 600 stores as part of Rite Aid deal
Walgreens has more than 50 stores in the Indianapolis area. Rite-Aid operates 10 stores in Indiana, but none in the Indianapolis area.
Study: Premiums for popular Obamacare plan up 34 percent
Premiums for the most popular Obamacare plans are going up an average of 34 percent nationwide, according to a new study. But the increases aren’t as high in Indiana.
CNO exceeds expectations with third-quarter earnings
The Carmel-based insurance holding company turned a profit of $100.8 million in the period, up from $18.6 million a year ago.
States lose push to force Trump to restart health subsidies
A U.S. judge on Wednesday rejected a request from 18 states and the District of Columbia and scolded the coalition for claiming health care costs would rise without federal help.
Fertility doctor expected to admit lying to investigators
An Indianapolis fertility doctor accused of inseminating patients with his own sperm will appear in court for a change-of-plea hearing.
Anthem shares jump after acquisition, improved forecast
Anthem Inc. exceeded Wall Street third-quarter profit expectations and pushed its 2017 forecast higher in its latest quarterly report. It also acquired an insurer with more than 135,000 Medicare members.