For Lilly’s Cialis, glory days are over
The erectile-dysfunction drug, made famous by a slew of quirky commercials, is facing performance issues of its own.
Health Care & Insurance
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Anthem not entitled to $3 billion, Express Scripts says
Express Scripts Holding Co. said it’s still working to resolve its contract dispute with Indianapolis-based insurer Anthem Inc., which has claimed it should be getting much more in savings from the pharmacy benefit manager.
CEO behind $500M airport proposal has mixed track record
The top executive at an Indianapolis start-up that wants to build a $500 million medical complex at the Indianapolis International Airport launched a 200-location Dunkin' Donuts business that went bankrupt in 2009 and he filed for personal bankruptcy in 2013.
Senator urges quick action on VA hospital probe
Sen. Rob Portman, R-Ohio, on Wednesday urged quick federal action to probe “very troubling” allegations at the Cincinnati VA hospital, which serves more than 43,000 veterans from southwest Ohio, Kentucky and Indiana.
St. Vincent joins short list of top trauma centers in state
The trauma center at St. Vincent Indianapolis has become the third such facility in the state to be recognized as a Level I Trauma Center, meaning it is equipped and staffed to handle the most serious injuries.
Teva closing in on $40B buy of Allergan generics unit
Teva’s acquisition will make it the world’s largest maker of generic medicines, giving it greater negotiating power with governments and private-health insurers.
Kroger to offer anti-overdose drug without prescription
The supermarket chain will make naloxone available in its pharmacies across Ohio and northern Kentucky, a region hard-hit by deadly heroin.
CNO Financial earnings rise, top analyst expectations
Carmel-based CNO Financial Group Inc. on Wednesday reported higher profit in the fourth quarter despite a decline in revenue.
Report: Eight states show significant drop in uninsured
In addition, another 10 states, including Indiana, were identified as having notable reductions in the percentage of uninsured residents.
Indiana preparing to lift most bird flu-related restrictions
Animal health officials monitoring the bird flu outbreak in southwestern Indiana say they will lift most restrictions in two weeks if ongoing testing finds no additional infections.
UPDATE: Nightingale CEO claims state retaliated for report of ‘racially tinged’ remarks
The home-health firm’s lawsuit alleges state officials discriminated against the company and CEO Dev Brar when they conducted inspections that led Medicare to terminate payments to the company.
Retirements, aging population cause nursing shortage
Facing a surge of retiring nurses and a growing number of patients, Indiana hospitals are scrambling to fill thousands of nursing positions, raising questions about whether they will be able to keep operations fully staffed.
Anthem merger partner reports dip in profit
Cigna Corp. blamed the nearly 9 percent decline on transaction costs related to its pending $54 billion sale to Anthem Inc.
Marian University lands new dean for medical school
Marian University has found a successor for Dr. Paul Evans, who plans to retire as dean of the school's College of Osteopathic Medicine, which he helped launch in 2013.
Aetna CEO has ‘serious concerns’ about Obamacare sustainability
The head of the third-biggest U.S. health insurer said he has “serious concerns” about whether or not Obamacare’s new markets are sustainable, echoing criticism from other top for-profit insurers.
Closing in on a Brownsburg site for Hendricks Regional’s $40M facility
The health system hopes to build its new ER and outpatient clinic on undeveloped farmland off of Interstate 74, near Ronald Reagan Parkway
Health plan provider to cut most of its workforce
Advantage Health Solutions Inc., which was was placed under the supervision of the Indiana Department of Insurance in November, plans to part ways with most of its workers, the Indianapolis-based company said Friday in a notice to the state.
Feds want to cut off funding for Carmel home health firm
Carmel-based Nightingale Home Healthcare Inc. is trying to keep from being kicked out of the federal Medicare program for allegedly putting patients in “immediate jeopardy,” according to documents in a bankruptcy reorganization case the company filed in December.
UPDATE: Lilly meets quarterly expectations but trims forecast
Strong sales of drugs for diabetes, cancer and animals helped the Indianapolis drugmaker overcome falling sales of older drugs for depression and osteoporosis, pushing up fourth-quarter sales and profit.
Obamacare will probably cost more in 2017, Anthem says
The Indianapolis-based insurer is eking out a small profit from selling policies to individuals under the Affordable Care Act, but many of its rivals aren’t.