Cigna said Anthem’s a risky bet due to fallout from its massive data breach, lawsuits that accuse it of conspiring to inflate prices, and lack of a growth strategy. But Wall Street thinks this deal is going to happen, unless Cigna can find another buyer.
But hospitals’ list prices in Indiana are more than three times what the federal Medicare program pays.
After years of pipeline failures, Eli Lilly and Co. is on a bit of a hot streak. This month alone, the Indianapolis-based drugmaker has reported positive results from clinical trials of four experimental drugs.
Indiana University officials have selected IUPUI’s No. 2 administrator, Nasser Paydar, as the next chancellor of the Indianapolis institution, replacing Charles Bantz, who is retiring in August.
Purdue Polytechnic Indianapolis High School will open in 2017 with a curriculum heavy on science and math, college-level courses, internships, and, for its graduates, guaranteed admission to Purdue.
Life insurer has boomed by handling employer retirement plans, offering long-term care policies.
Kem Hawkins, who has been president of Cook Group Inc. since 2001, will retire on July 1. He will be replaced by Pete Yonkman, who since 2013 has been president of Cook Medical, the Cook subsidiary that makes medical devices.
If Anthem merged with Cigna Corp. it would create a behemoth with even greater negotiating power, which could benefit employers but hurt doctors and hospitals.
Anthem Inc. has made a buyout offer to rival health insurer Cigna Corp. for $45 billion, The Wall Street Journal reported Monday. That price would make the deal the largest health insurance merger in U.S. history.
Jason Kloth, who has been Mayor Greg Ballard’s deputy mayor for education since 2012, will step down Friday to lead a workforce development effort being launched by the Central Indiana Corporate Partnership.
Shares of ITT Educational Services Inc. shot up by as much as 60 percent Friday morning after the company reported that its first-quarter profit had nearly tripled from a year ago.
The Obama administration could write a new regulation. Congress could pass a short law. States could run a low-cost exchange. But the politics might require all parties to let the tax credits die while they try to pin the blame on the other side.
Anthem Blue Cross and Blue Shield has added St. Vincent Health to the “narrow network” of health care providers it uses for Obamacare plans.
The National Labor Relations Board declined to dismiss charges that IU Health broke the law by firing one nurse and disciplining another who were involved in trying to form a union at Methodist Hospital.
Progress in reducing smoking is undeniable, but money to accelerate the decline is falling even faster.
Lilly’s basal insulin peglispro proved more effective than the $7 billion blockbuster Lantus at controlling diabetics’ blood sugar, but it also had greater effect on patients’ livers and hearts. Analysts are unsure of its future.
The organization has come up with a new way to help its small-business members while giving them a better deal on employee benefits.
While health insurers in states around the country have proposed large rate increases for the health plans they sell on the Obamacare exchanges, insurers in Indiana are asking for modest increases or even decreases. The bad news is that it appears the rest of the country is just catching up with Indiana’s already-high prices.
The new version of the Healthy Indiana Plan, backed by Obamacare funding, has enrolled 229,000 new participants in four months without breaking stride.
The Indianapolis-based health insurer announced Tuesday that it will pay upfront the $2,500 annual cost of a business or health care degree from College for America, which provides online programs for adults.
