Anthem experts testify Cigna merger won’t hurt competition
Anthem Inc. fired back against U.S. claims that the health insurer’s planned $48 billion takeover of rival Cigna Corp. will undermine competition.
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Sens. Sanders, Warren call massive research bill gift to drug firms
The $6.3 billion bill would let the Food and Drug Administration approve drugs and medical devices more quickly and bolster federal mental health programs.
Trump picks Pence ally Verma for cabinet position
President-elect Donald Trump on Tuesday said he’ll nominate Seema Verma, founder of Indianapolis-based SVC Inc. and architect of the Healthy Indiana Plan, as his pick for administrator of the Centers for Medicare and Medicaid Services.
Economist testifies Anthem-Cigna deal a risk to competition
Anthem Inc.’s proposed $48 billion merger with Cigna Corp. could give the insurer the power to raise prices for employers across the country, according to a witness in the U.S. government’s lawsuit to block the deal.
Buy, sell or hold after Lilly’s Alzheimer’s flop?
Analysts are all over the map on how investors should react to the Indianapolis-based drugmaker’s news that a promising drug failed to help patients.
Failure of Lilly’s Alzheimer’s drug not a big surprise to analysts
Investors pummeled Eli Lilly and Co.’s stock Wednesday on the news that its experimental drug for Alzheimer’s disease failed to help patients, but a chorus of pharmaceutical analysts say they weren’t shocked by the setback.
Purdue keeping tons of lab gloves from landfills
What happens to a laboratory glove after a doctor, nurse or lab worker snaps it off and throws it in the bin? Usually, it goes to a landfill, but Purdue and partners are working to change that.
Old Greenwood city hall acquired, lands tenant
Cornerstone Autism Center plans to hire about 30 employees in the next year in the 96-year-old Polk Building, which is undergoing a major rehab by its new owner.
Anthem, Cigna to begin court fight to save $48 billion merger
Anthem Inc.’s proposed merger with Cigna Corp. would reduce health-care competition and raise costs for consumers, U.S. antitrust lawyers will argue Monday when the government goes to court to try to block the transaction.
Lilly CEO: Find overlap between corporate mission, philanthropy
John Lechleiter told local leaders Friday morning that while community engagement might not immediately impact the bottom line, it can be beneficial to a company’s ongoing mission.
Medical-equipment repair firm investing $1M, adding up to 31 jobs
Cryogenic Solutions Inc. is consolidating a recently acquired New York company into Indianapolis and doubling space at its S. Lynhurst Drive headquarters to accommodate it.
Hospital food alert: Why Methodist is upgrading its massive kitchen
Hospitals are under pressure to serve healthier fare. Patients, health groups and news organizations are turning up the fire.
Patients rush to surgery before insurance deductibles reset
For patients, the difference between getting an operation now or in January could amount to thousands of dollars out of pocket.
From banker to caregiver, Steve Schenck has memories to cherish
Schenck's wife, Becky, was diagnosed with terminal brain cancer in 2006 and told she had only 12 to 15 months to live. She defied the odds and lived 10 years beyond her prognosis—time together Steve cherishes and wouldn’t trade for anything.
Addiction-treatment center Fairbanks names new CEO
Fairbanks, an Indianapolis not-for-profit that focuses on treating alcohol and drug addiction, has changed its leadership again, just a year after bringing in a new executive from Ohio.
Pharmacy grads still finding jobs, but it’s getting tougher
Pharmacy grads used to have their pick of six-figure jobs. But competition stiffened after dozens of new schools opened, sharply increasing the supply of newly minted pharmacists.
Cook Group plans $16.5M local expansion, 82 jobs
The company said the expansion would help it retain 68 employees in Marion County who make an average of $28.85 per hour and hire 82 making similar wages over the next five years.
Indianapolis YMCA to open first facility for veterans in U.S.
The facility will offer physical and occupational therapy provided by staff of the Richard Roudebush Veterans Administration Medical Center, as well as pain management and other counseling services.
Pence promises veterans Trump will reform VA health care
Vice President-elect Mike Pence promised military veterans that he and Donald Trump will reform the troubled Department of Veterans Affairs health system.
Auditor says Eskenazi fired her for identifying improper billing
Colette D. Jackson claims in a lawsuit that Eskenazi retaliated against her after she discovered the hospital was improperly billing the federal government and Indiana for potentially hundreds of patients whose bills were already being paid by research grants.