Dr. Michael Meneghini, 37, became the first orthopedic surgeon at the Indiana Clinic when he joined last
month. Until two years ago, he worked mainly at St. Vincent hospitals. After a two-year stint at the University of Connecticut
Health Center, Meneghini returned to Indianapolis to be near family.
Arcadia Resources’ DailyMed business will grow revenue 10-fold in the next three years and push the Indianapolis-based
company into profitability, according to a research report by the first analyst to officially cover the company.
Opposition by preferred shareholders has Emmis shares trading at more than 30 percent below the buyout price of $2.40 per
share.
Dr. Ben Park joined Anthem Blue Cross and Blue Shield in 1993 to start a large group of primary care physicians who would
institute a concept called managed care. Now American Health Network is
well-positioned to take advantage of the new version of managed care, called accountable care.
Business leaders often criticize schools, but sometimes have little first-hand experiences with them.
The Batesville-based maker of hospital beds and furniture announced Wednesday night that it earned $30.6 million in its third quarter, up from $20.2 million in the same quarter of 2009.
The Indianapolis-based insurer of truck and car fleets earned $5 million in the quarter ended June 30, down from $14.2 million
in the same quarter a year ago.
The Indianapolis-based health insurer raised its full-year profit forecast after it earned $722.4 million, 4 percent higher
than during the same quarter a year ago. Revenue and health plan membership fell.
When the Indiana Health Information Exchange launched in 2004, it was one of nine truly operational exchanges around the country.
Today, the Indianapolis-based organization is one of 73, according to the latest national survey by the eHealth Initiative.
Venture dollars for Indiana life sciences companies are still few, but the flow of deals is picking up. Nine Hoosier companies
scored investments totaling $10.4 million during the first six months of the year.
Marion County survey finds 80 percent of respondents in debt to local hospitals, with about half saying they were never informed
about the availability
of charity care or payment plans.
Hamilton County Judge Steve Nation ruled Friday that the heirs of former Conseco Inc. executive Lawrence Inlow failed to justify
their attempt to remove Cincinnati-based Fifth Third Bank as the fiduciary of his estate.
With the first baby boomers set to turn 65 in six months, investments in senior housing are heating up. A group of Indianapolis-area
professionals—including Mark Waterfill (left) and Tony Schantz—have banded together to launch three senior housing
projects around the state, spending $49 million and looking
to do more.
The organization uses its money to lure national reform programs like Teach for America to the city and to fund education entrepreneurship fellows to launch innovative programs for schoolchildren in Indianapolis.
Indianapolis-based drugmaker Eli Lilly and Co. recorded profits of $1.3 billion, or $1.22 per share, during the three months
ended June 30,
even after paying $27 million in severance to laid off employees.
Drugmakers testing experimental Alzheimer’s medicines—including Eli Lilly and Co.—got good news last week
when the National Institute on Aging and the Alzheimer’s Association proposed new guidelines to make earlier diagnoses
of the disease.
The scramble by local hospitals to form their physicians and facilities into “clinically integrated” networks
that can do business with employers and health insurers has another huge motivating factor: Beginning January 2012, they can
also do business with Medicare, the massive federal program for seniors.
Dan Clark will direct efforts to coordinate and align Indiana’s K-12 and postsecondary educational systems, as well
as work force agencies like the Department of Workforce Development.
Clarian Health is launching its own health insurance plan, the boldest of several initiatives at Indianapolis hospitals to
bypass health insurers and provide health benefits directly to employers.
The Indianapolis-based drugmaker eliminated 140 information technology jobs in June through retirements, resignations and some cuts. Another 115
cuts will be made this month, and the remainder by the end of the year.
