Articles

St. Francis buys big cardiology practice

As concern grows among medical providers that health care reform augurs lower payments, St. Francis
Hospital & Health Centers has agreed to absorb a large group of cardiologists that bring lucrative heart patients to its
facilities.

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Shifting health benefits

The end of sweeping cuts in employee health benefits and the beginning of another trend is in sight, says
Mike Miles, vice president and senior benefits consultant at Gregory & Appel Insurance.

Employers have slashed benefits so deeply that the cuts…

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Long-term-care business to help Wishard cover construction debt

To pay for a shiny new downtown hospital, the parent corporation of Wishard Health Services will commit itself to yearly
debt payments 10 times as high as they are now. But Wishard officials have no doubt they can bear the extra load
because of places like Rosewalk Village, a nursing home that sits on the eastern side of Indianapolis.

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State law aims to attract doctors to areas in need of care

A state law that went into effect July 1 attempts to attract young physicians and mental health practitioners to underserved
areas by forgiving part of their student loans. But Indiana’s budget woes prevented lawmakers from allocating funds
to support the program.

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Wishard’s $754M request

The folks at Wishard Memorial Hospital have tough jobs. They care for the indigent, patch up more than their
share of gunshot wounds, and pay for most of it by billing government insurance programs, which arenâ??t
known
for lucrative reimbursements.

Ancient,…

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Health care, Mayo Clinic style

Mention Mayo Clinic, Cleveland Clinic and Clarian Health in the same breath, and you have a front-page story,
which is just what reporter J.K. Wall wrote in this weekâ??s IBJ.

Clarian is moving ahead with plans to mimic the…

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Report: Life sciences rocks

Indiana University handed the stateâ??s life sciences industry a nice love letter today in the form of a study.

Pharmaceuticals, medical equipment and health care supplies were responsible for nearly a fourth of all jobs
created in the state…

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Swine flu overblown?

Swine flu dominated the news a couple of weeks ago as the virus spread out of Mexico and ultimately to
more than 30 countries. Indiana now has 22 cases.

However, once it became apparent the flu wouldnâ??t turn into a full-blown…

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‘Epic’ investment losses hit hospitals

Financial reports trickling in from Indianapolis’ major hospitals show why the city’s health care building boom ground to
a near halt this year. It ran into a wall of investment losses.

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WellPoint brass and rank-and-file

WellPoint unwittingly made an interesting point this morning when it announced it expects to save $24 million
by laying off 600 workers.

Those 600 workers in affect are being valued at about half the $47.5 million in total compensation…

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