CNO earnings in line with analyst expectations
CNO Financial Group Inc. saw a decline in revenue and profit in the fourth quarter, but the results met or exceeded Wall Street predictions.
Health Care & Insurance
Articles
Massage therapy legislation passed by Indiana House
House Bill 1360, authored by Rep. Sue Errington, D-Muncie, applies the standards of practice of health professions to certified massage therapists.
More of St. Vincent’s profits ‘ascending’ to its owner
St. Vincent’s operations produced a healthy profit margin of 10 percent last year, but nearly half of that money—$134 million—was shipped to Ascension Health, St. Vincent’s parent organization. That’s nearly 5 percent of what Hoosiers and their health plans pay for care at St. Vincent each year.
Anthem sued over massive data breach by California consumer
Anthem Inc. faces what may be the first of many consumer lawsuits a day after disclosing that hackers obtained data on tens of millions of current and former customers and employees.
Hackers see rewarding targets in health care companies
Experts say health care companies can provide many entry points into their systems for crooks to steal data. And once criminals get that information, they can pull off far more extensive and lucrative schemes.
Anthem to tell customers within 2 weeks if they were hacked
Anthem Inc., the second-biggest U.S. health insurer, said it’s going to take about 10 to 14 days to figure out who was affected by a data breach and begin notifying those people.
Anthem data breach already sparks class-action lawsuit
At least one Indianapolis law firm already is preparing a lawsuit against Anthem Inc., after hackers stole personal information on as many as 80 million customers. The breach is certain to spur much more litigation.
Cuban immigrant gets 6 years for theft of Lilly drugs
A Cuban immigrant was sentenced Wednesday to more than six years in prison for his role in the 2010 heist of a Connecticut warehouse in which the robbers filled a tractor-trailer with more than $50 million worth of Eli Lilly and Co. pharmaceuticals.
Anthem hacked in ‘sophisticated’ attack exposing customer data
Anthem Inc. said hackers obtained data on tens of millions of current and former customers and employees in a sophisticated attack that has led to a FBI probe.
Potential IU Health-Eskenazi partnership clouded by personalities, politics
Leaders of the IU Health hospital system have discussed recently, according to multiple sources, whether a closer partnership with Eskenazi Hospital might be just what the doctor ordered.
State’s GOP House members poised to vote to repeal Obamacare
The seven lawmakers are trying to undo the same law that gave Indiana Gov. Mike Pence a huge political victory just days ago, when he won federal approval to expand health coverage to uninsured Hoosiers.
Lilly’s profit, sales forecast falls
Eli Lilly and Co. predicted its 2015 sales will come in roughly $1 billion less than analysts have expected, due to the strength of the U.S. dollar against foreign currencies.
Physical therapy provider fans out
Tx:Team has always run its business by sending its therapists to wherever patients are—rather than wooing them into its own facilities. Now, financial pressures from Obamacare and cash-strapped employers are pushing all health care providers to do the same.
Medical-marijuana bill won’t fly this session, but attitudes shift
Indiana won’t put itself on the marijuana-friendly map this year, as a medical marijuana bill authored by Democratic Sen. Karen Tallian is unlikely to go further than a committee hearing.
HIP 2.0 approval means 40,000 Hoosiers must end their Obamacare coverage
An estimated 40,000 Hoosiers who already bought health insurance on the Obamacare exchanges now must end those plans and enroll in the expanded Healthy Indiana Plan. Otherwise, they’ll be on the hook to pay back thousands of dollars in Obamacare tax credits.
2015 Forty Under 40: Brian Neale
Brian Neale, 37, health care policy director for the Office of Gov. Mike Pence, is at the forefront of Healthy Indiana Plan 2.0, the governor's recently approved initiative to expand health care to more than 350,000 uninsured Hoosiers.
2015 Forty Under 40: Donetta Gee-Weiler
Donetta Gee-Weiler, 36, a former labor and deliver nurse, fills the key role of vice president of women’s & children’s services at Community Health Network.
IU Health to cut 96 workers in Martinsville
In a cost-cutting move, Indiana University Health plans to lay off nearly 100 workers as Morgan Hospital stops admitting overnight patients April 1.
Novartis expects price war with Lilly over psoriasis drugs
Novartis AG is racing to establish itself in the market for new treatments for psoriasis ahead of competing drugs by Amgen Inc. and Eli Lilly and Co. in the United States.
Anthem results top expectations, as firm projects growth in ’15
The Indianapolis-based health insurer hiked the quarterly dividend it pays shareholders nearly 43 percent after reporting fourth-quarter results.