Hillenbrand profits rise despite revenue declines
Improved investment returns and lower costs on diesel fuel and raw materials used in Hillenbrand’s products helped improve
company earnings
Health Care & Life Sciences
Articles
Group to rally for saving parts of current health care system
Doctors for Patient Care says doctors and patients need to get involved in the current debate over health care to preserve the good qualities of the current health care system while fixing its problems.
Lilly snags talent kudos
Fortune magazine ranked the drug company among the best in the world for managing talent.
Lilly stock droops after rival claims faster-acting impotence pill
California-based Vivus claims its drug acts in 30 minutes, compared with about 2 hours for Lilly’s Cialis.
Indiana No. 3 in premium surge
Health insurance costs have spiked 136 percent in past decade, more than three times more than wage growth.
Arcadia sees bigger quarterly loss on lower revenue
Health care company Arcadia Resources Inc. saw growth in pharmacy business, offset by slower medical staffing sales.
Zimmer offering seeks $1B
The Indiana-based orthopedic implant maker plans to use the proceeds to pay down debt and for general corporate purposes.
Health reform prods partnership of St. Vincent, OrthoIndy
The specter of declining reimbursement, as well as the desire for statewide growth, lie behind St. Vincent Health’s decision
to form a physician management firm with OrthoIndy and buy a minority stake in its Indiana Orthopaedic Hospital.
St. Vincent, OrthoIndy form partnership
St. Vincent Health has acquired a minority interest in Indiana Orthopaedic Hospital and is in discussions with OrthoIndy physicians
and other independent doctors to create a management company that would oversee orthopaedic and spine services at St. Vincent
Indianapolis. The health care providers announced the deal early Friday.
Indiana near top in smoking survey; national rate rises
A survey found cigarette smoking rose slightly on a national basis for the first time in almost 15 years and that Indiana
had the second highest smoking rate among states.
New Anthem pay-for-performance program gives docs $3.1M
Anthem Blue Cross and Blue Shield of Indiana is doling out $3.1 million to Indianapolis-area doctors—its first payments
based on a local quality measuring system.
Aarden Pharmaceuticals chose Indianapolis over San Diego for headquarters
Thanks partly to a state grant and support from Indiana’s BioCrossroads life sciences initiative, principals “decided
locating here would give Aarden a better chance of success.
Hancock Regional Hospital goes after Geist market
The $7.8 million medical office building in McCordsville will allow the hospital to tap patients with private insurance.
Hill-Rom’s fourth quarter profit exceeds expectations
The Batesville-based maker of hospital equipment reported profit of $26.4 million, or 42 cents per share, in the period ended
Sept. 30.
Vera Bradley gives another $10M to IU cancer center
Previous gifts from the foundation to the cancer center have been used to hire 10 researchers working on breast cancer.
Lilly to pay Utah $24 million to settle Zyprexa suit
Eli Lilly and Co. has agreed to pay Utah $24 million to settle a lawsuit claiming the company improperly marketed the antipsychotic
drug Zyprexa.
Indiana hospitals face Medicaid-reimbursement cut
The Indiana Family and Social Services Administration announced Tuesday that $34 million in new budget cuts includes a 5-percent
cut in Medicaid reimbursements to hospitals.
Lilly, WellPoint CEOs pin hopes on Senate
Drugmaker and health insurer bemoan aspects of House health reform bill and hope Senate crafts more industry-friendly bill.
Council resurrects workplace smoking ban proposal
Two weeks after reaching a stalemate on a proposal that would broaden the city’s workplace smoking ban, City-Council
Council members voted Monday night to resurrect the measure.
Arcadia adds Goldsmith to board, seeks $11M in offering
Indianapolis-based Arcadia Resources Inc. has added former Indianapolis Mayor Steve Goldsmith to its board and plans to raise
$11.1 million in a registered direct stock offering.