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.
Health Care & Life Sciences
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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.
2015 Forty Under 40: Tristan Coram
Tristan Coram, 34, research scientist for Dow AgroSciences, works to boost global crop production.
2015 Forty Under 40: Adlai Chester
Adlai Chester, 34, chief financial officer of Mainstreet, juggles finances for more than $1 billion in post-acute health care properties.
2015 Forty Under 40: Dr. Gaurav Arora
Dr. Gaurav Arora, 39, is chief medical officer for Indiana University Health Saxony Hospital in Fishers.
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.
Democrats, hospital group cheer Healthy Indiana Plan ruling
The top Democrat in the Indiana Senate is applauding the federal approval of Gov. Mike Pence's proposal for expansion of the Healthy Indiana Plan.
UPDATE: Healthy Indiana Plan 2.0 gets federal approval
Federal officials have approved Indiana Gov. Mike Pence’s plan to provide health insurance to lower-income Hoosiers, despite provisions that require some participants to pay part of the premium.
Health VC dollars tripled in Indiana
Indiana’s health care companies attracted $103.8 million in investments last year, the highest total since attracting 2007. However, all but $3 million of last year’s investments came during the first six months of the year and Indiana continued to lag other Midwest states.
The Billion Dollar Decision
When the U.S. Supreme Court hands down its ruling on Obamacare’s tax credits, it could zap nearly $1 billion from Hoosiers’ finances. In fact, Hoosiers buyers on Obamacare’s exchanges have more to lose, as a percentage of their incomes, than the residents of all states other than Alaska and Mississippi.
Meth bills mandating cold-pill prescriptions face tough road
Bills aiming to reduce Indiana’s methamphetamine problem by requiring prescriptions for some cold medicines probably won’t be considered in House or Senate committees this session, key lawmakers said.
IU Health on course to spare Methodist, close University
All signs point to University Hospital’s being shuttered as Indiana University Health goes from three downtown hospitals to two.
Bills filed that would allow medical marijuana in Indiana
Two Democratic lawmakers have filed bills that would allow the use of medical marijuana in Indiana, although neither measure is likely to advance in the Republican-controlled Legislature.
CEO Roundup: We’re not your father’s health care company anymore
The CEOs of Anthem, Lilly, Zimmer and Hill-Rom tried to woo investors at the J.P. Morgan Healthcare conference by stressing how they’re broadening business beyond plain-old insurance, pharmaceuticals, implants and hospital beds.