WellPoint approves annual ‘say on pay’ measure
Shareholders of WellPoint Inc. approved on Tuesday the hefty pay packages of the company’s executives and voted for the right to weigh in annually on future executive compensation.
Health Care & Insurance
Articles
Prescription drug abuse growing problem in Indiana
Prescription drugs are playing an increasing role in the drug-related crimes that are filling up Indiana's prisons, prison officials and prosecutors said.
Amylin sues Lilly over drug development deal
Amylin Pharmaceuticals Inc. said Monday it filed a lawsuit against Eli Lilly and Co., accusing the larger drugmaker of breaking their commercialization deal for diabetes drugs by teaming with the German company Boehringer Ingelheim to develop and sell a competing product.
VCs: Health benefits will be defined contribution
Increasing government involvement in the health insurance market will have the counter-intuitive effect of making the industry more consumer-driven, concludes a new report from a health care venture-capital firm.
Zimmer faces new threat to dominance
Warsaw-based Zimmer Holdings Inc. has enjoyed eight years as the giant in the industry of selling knee- and hip-replacement implants to hospitals. But now it faces a challenge from Johnson & Johnson.
Financial strength ratings of OneAmerica subsidiaries climb even higher
Indianapolis-based firm avoided investment losses suffered by peers during last recession.
Eli Lilly’s slumbering stock finally shows signs of life
Is it finally time to get some growth again out of a stock that since its debut on the public market 59 years ago has minted thousands of millionaires?
Northwest-side medical building facing foreclosure
The operator of the building at 8424 Naab Road near St. Vincent Hospital is accused of owing an Illinois investment firm $4 million.
Health care providers opening to technology
Some health care system are finally allowing online scheduling.
MANTOOTH: Companies bogged down by employees’ poor health
The problem is, too many people make unhealthy choices and the consequences of these choices become everyone’s problem.
BISHOP: Warsaw’s orthopedics whizzes will master biologics
Industry cluster in northern Indiana has adapted to every other change in health care, and will absorb tissue regeneration, too.
Reform could create more ’boutique’ doctors
Health reform could accelerate trend toward two tiers of care, with concierge services like Dr. Matt Priddy offers at the top and long waits and minimal attention at the bottom.
Lilly drug to detect Alzheimer’s criticized by consumer group
Eli Lilly and Co.’s Amyvid, an experimental imaging agent to detect signs of Alzheimer’s disease in the brain, shouldn’t be approved because of unreliable study results, a consumer-advocacy group said.
IU Health LaPorte Hospital eliminates 112 jobs
Hospital President and chief executive officer Thor Thordarson said in a news release the jobs cuts were necessary because of the higher costs facing health care providers.
State Farm to shift 250 jobs to Indianapolis
A shakeup of the Bloomington, Ill., company will result in some positions being moved to Indianapolis, an Illinois newspaper reports.
Two wins to bring Lilly modest sales
Finally, some new revenue. Eli Lilly and Co. will enjoy modest new sales later this year after U.S. regulators approved a new diabetes drug developed by a partner company, and another company nears approval on a drug that will produce royalties for the Indianapolis-based drugmaker.
Firms’ faith in stock buybacks not always well-placed
The ultimate test of whether buybacks are good deals for shareholders hinges on whether the price paid for the stock proves over time to have been a bargain or inflated.
Disasters sink Baldwin & Lyons quarterly results
Earthquakes and flooding took a toll on Baldwin & Lyons Inc.’s first quarter results, the Indianapolis-based insurer announced Thursday morning.
Medical device manufacturer seeks abatement
Indianapolis-based Medivative Technologies plans to build a 9,000-square-foot addition to its east-side facility and spend $2.5 million to equip it. The expansion should create 15 jobs.
CNO Financial’s first-quarter profits surge 59 percent
The Carmel-based life and health insurer earned $54 million, or 19 cents per share, topping the expectations of Wall Street analysts.