Looks like business growth is slowing down at Indiana hospitals
Profits and patient visits remain strong at Community Health Network and Indiana University Health, but their Obamacare-fueled growth is decelerating.
J.K. Wall
Articles
Midwest employers are actually spending less on health benefits
New data show that employers trying to duck the Obamacare Cadillac tax and turn their workers into healthier consumers are starting to actually reduce the amount of money per worker they are spending on health benefits.
Conference frustration leads to business that helps companies pick best events
In January, Kristin Eilenberg launched Lodestone Insights and has built up a team of 15 people feeding a searchable, sortable database of more than 4,100 conferences around the world.
Dennis Murphy brings ‘a priestly demeanor’ to top job at IU Health
Murphy will become CEO of IU Health in April. Those who know him say Murphy’s early experiences with family, church and medicine make him exceptionally well-suited to a complex hospital system in swiftly changing times.
FBI probe puts private Jackson family in spotlight
The family's American Senior Communities is the dominant nursing home company in Indiana, with 94 long-term care facilities.
Indy lawyers lead D.C. coalition chipping away at health care regulations
With regulations on the rise and 25 percent of health care spending going toward administration, lawyers at Hall Render Killian Heath & Lyman are taking aim at some of the most pain-inducing pieces of federal anti-kickback statutes.
City-County Council gives go-ahead to 16 Tech bonds
The City-County Council voted unanimously Monday night to approve $75 million in bonds for infrastructure improvements that should allow development of the 16 Tech innovation district to move forward.
Louisville dancers sue over claims in escort’s book
Five women say a book by escort Katina Powell falsely accuses them of participating in prostitution at the University of Louisville, according to court documents filed Monday.
Advantage CEO exits after un-reported losses come to light
Vicki Perry, the longtime CEO of Advantage Health Solutions Inc., has been replaced after a financial review found “significant un-reported losses” at the Indianapolis-based health insurer.
Advantage Health to exit Medicare business after $46M in losses
Advantage Health Solutions was placed under the supervision of the Indiana Department of Insurance on Friday after the company lost $46.3 million during the first eight months of the year and decided to terminate its Medicare Advantage business.
Mainstreet engineers reverse takeover of public Canadian firm
Carmel-based Mainstreet has engineered a $302.5 million reverse takeover of a Canadian long-term care company that will once again give Mainstreet a publicly traded investment firm to help finance its development projects.
Covering the uninsured brings only a small benefit for the insured
Hospitals have long argued that they pass on the cost of the uninsured to private insurance customers. But a new study shows that’s less than half-true.
IU Health aims to extend insurance service to 1M Hoosiers
The Indianapolis-based hospital system said its efforts to reduce patients’ need for expensive health care services, known as population health, slashed the use of hospitals, nursing homes and expensive imaging scans among the 140,000 Hoosiers IU Health now serves.
Lilly to build $70M R&D facility in Indy
The 130,000-square foot facility, set to open in 2017, will be a center for research work on so called small molecule drugs that can be turned into pills as opposed to large molecule or protein-based drugs that are typically injected.
When it comes to health benefits, Hoosier employers are cheap
Lower wages, higher hospital prices and unhealthy lives force Indiana employers to charge more and give fewer health benefits to their workers.
Sticker shock hits insurance customers of Obamacare exchange
The prices health insurers charge Hoosiers on the Obamacare exchange will drop more than in any other state next year. But for most Hoosiers, that’s bad news. Lower average premiums statewide means smaller tax subsidies statewide to reduce the cost of Obamacare policies.
Champions of 16 Tech see it as magnet for development, high-tech workers
City leaders want to make the 60-acre tract of land just north of the Indiana University School of Medicine campus a mix of all of the best the city has to offer and catch the eyes of more creative and highly sought-after workers.
Surge of new customers boosts Anthem’s profit
Anthem’s third-quarter profit rose nearly 4 percent as it added 174,000 health plan members. Its Medicaid, local employer and national employer segments all grew, although its individual business saw losses.
Lilly CEO: Drugmakers getting bum rap
Eli Lilly and Co. CEO John Lechleiter told Wall Street analysts recently that, while there have been “individual huge drug price increases,” the overall cost of drugs is rising very slowly and remains a small part of overall U.S. health care spending.
Louisville student sues author, IBJ publishing unit over book
The lawsuit seeks class-action status, claiming the career prospects of all University of Louisville students have been hurt by Katina Powell’s book, which alleges she supplied strippers and prostitutes for basketball recruits.