Ceremony marks start on new Wishard hospital
Construction of a new Wishard Memorial Hospital was hailed as a great legacy for Indianapolis as a formal groundbreaking was
held for the $754 million project.
Health Care & Insurance
Articles
Lilly still waiting on once-weekly Byetta
The U.S. Food and Drug Administration last week pushed its self-declared deadline for rendering an approval decision on the
drug Bydureon to Oct. 22. The previous deadline was in March.
Study: Quality, costs better at big practices
As physician mergers increase in Indianapolis, a new study has determined that quality at large, multispecialty practices is at
least 5 percent higher and costs are 3.6 percent lower than at small group practices.
Shareholders overwhelmingly OK Conseco name change
Carmel-based life and health insurer is now CNO Financial Group Inc. to reflect what company officers call a “transformation”
of the once-troubled firm.
WellPoint, others may need relief from law’s spending mandate
The health law passed by Congress in March will force insurers like WellPoint to give rebates to customers next year if the
companies don’t meet the medical-spending minimums.
Braly, Obama spar again over WellPoint cancellation policies
CEO of Indianapolis-based health insurer wrote to Obama on Sunday to rebut the president’s criticism that WellPoint seeks
out breast cancer patients to cancel their policies.
Clarian Health sued over bills for services
The lawsuit filed this week in Marion Superior Court claims Clarian Health charges uninsured patients—or those receiving
treatments not covered by their insurance—unreasonably high prices.
Latest Lilly job cuts target marketing employees
Indianapolis-based drugmaker Eli Lilly and Co. is on course to cut 5,500 jobs by the end of 2011 in a bid to eliminate $1
billion in annual expenses.
Judge rejects controversial Guidant plea agreement
The deal included a $296 million criminal fine, but no charges against executives who failed to properly report problems with the company's defibrillators.
Masonic Home plans $8M assisted-living center in Franklin
Groundbreaking will be held May 16 to mark start of construction on center to be built on 300-acre campus.
Glick Eye Institute designed to mesh architectural styles, ophthalmology researchers
The new home for the Eugene and Marilyn Glick Eye Institute that’s rising from the ground at IUPUI must do a lot
of things well.
Clarian hospital system to adopt IU name
Clarian will become Indiana University Health early next year in a bet the IU brand carries more punch statewide and nationally.
Conseco profit edges analyst expectations
The Carmel-based life and health insurer earned $33.9 million in the quarter, more than 38 percent higher than during the
same quarter a year earlier. Nearly all of that increase, however, was due to lower losses on investments and debt modifications.
Marketing experts: Clarian will get boost from IU name
The Indianapolis-based hospital system, which has 16 hospitals as far afield as LaPorte, Hartford City and Paoli, can
now associate with all its facilities the name of the school that trains the majority of doctors and nurses throughout the
state.
Central Indiana gets $16M in health IT stimulus
The central Indiana area has been selected as one of 15 communities that will share in $220 million worth of grants for pilot
projects to test health-care information technology.
Wishard Foundation appoints new leader
Ernest Vargo II’s Vargo’s top priority will be guiding the foundation’s $50 million capital campaign for the construction
of the new, $754 million Wishard Hospital.
Anthem Blue Cross withdraws big California rate hike
Anthem Blue Cross withdrew plans to raise health insurance rates for Californians by as much as 39 percent after an independent
audit determined the company’s justification for raising premiums was based on flawed data.
Startup sees big potential for ‘ouchless’ medical tests
Companion Diagnostics wants to detect early warning signs of chronic diseases.
Closing of Purdue’s Chao Center is setback for BioCrossroads
The university is hoping to find a private company to take over the 5-year-old facility, which formulated and manufactured
small batches of drugs used in clinical trials.
Earthquake shakes Baldwin’s first-quarter profit
The February earthquake in Chile sent first-quarter profit tumbling 90 percent at Indianapolis-based property and casualty
insurer Baldwin & Lyons Inc.