Indiana schools to exit Race to the Top competition
State will bow out of the $4.35 billion federal competition after a highly public feud between public schools chief Tony Bennett
and the state’s teachers unions.
J.K. Wall
Articles
ITT Educational posts first-quarter profit, raises forecast
The Carmel-based operator of for-profit colleges pulled in profits of $85.7 million, or $2.46 per share, up nearly 44 percent
from the same quarter a year ago.
Indy anti-diabetes experiment takes off
UnitedHealthcare believes a program tested in the Indianapolis area will help it save money on claims.
Drug prices rise ahead of rebates
Drug prices rose faster last year than they have in a decade—just in time for big rebates the drug industry promised
as part of the health reform law.
Shareholders fail to remove Lilly’s anti-takeover provision
The proposal to remove an 80-percent approval threshold for takeover bids against the wishes of Lilly’s board received
approval from shareholders holding 74 percent of Lilly’s shares.
Shares fall after Lilly earnings report
Lilly shareholders are set to gather Monday in Indianapolis to hear an update on the company’s performance, including
how it will keep paying its generous dividend during the lean years after Zyprexa’s patent expiration.
Health reform dings Lilly’s earnings
The Indianapolis-based drugmaker also lowered its forecast for full-year profits because the new health care law grants bigger
rebates on prescription drugs to federal health insurance programs.
Can Lilly afford to maintain its dividend?
As shareholders gather April 19 for Eli Lilly and Co.’s annual meeting, more of them than ever will come with an unusual question:
Will Lilly be able to keep paying its dividend?
Clarian plans $375M hospital tower at Methodist
Clarian Health is planning to build a bed tower at Methodist Hospital in a massive project that shows renewed
commitment
to the downtown campus. The tower would have 175 to 250 beds and allow Methodist to make all its rooms private.
UPDATE: Teachers union tells Bennett to start over on reform
Superintendent of Public Instruction Tony Bennett invites heads of teachers unions to meeting to publicly share reform ideas instead of “bureaucratic rhetoric and no
specifics.”
Q&A: Jim Parker
Jim Parker was an executive at Anthem Blue Cross and Blue Shield and WellPoint for 14 years, including a year and a half as
chief of staff to CEO Angela Braly. He now is president of his own consulting firm, Meridian Strategic Advisors, in Indianapolis.
He spoke about the impact of the new health reform law on health insurers.
Employers want cake, and to eat it, too
Employers are still trying to get their arms around what the new health insurance law will mean for them. But on the eve of
the law's passage last month, a survey by Indianapolis-based United Benefit Advisors LLC showed employers as a group had
no hope the law would reduce their costs but also no coherent plan for reforming the current system.
Study: Ditch reform, add public option
In poll after poll, calls for repealing the new health insurance law get strong support. But if the law were repealed, an
Indiana University survey released this week shows that Americans want a surprising thing in its place: a public option.
Purdue secures $15M to expand cancer research building
Stimulus dollars from the National Institutes of Health expected to spark 30 to 40 new research jobs by 2013.
Ivy Tech gets $4.7M energy grant to retrain 1,500 workers
Federal money will help create programs at community college and Purdue University to offer skills in smart-grid technologies.
Bennett demands ISTA support for school reforms
State superintendent of public instruction says teacher union support imperative to win federal grant.
Nursing home association facing big debt
The Indiana Health Care Association is looking for a new leader even as it tries to dig out of a pile
of debt. Current President Steve Smith, whose contract expires Nov. 30, says he’s put the organization on a path to be financially stable by 2012. But his predecessor says Smith has ruined a once-strong organization.
Adjunct instructors organize at IUPUI
Two problems come with prevalent use of adjunct instructors: a perception that adjuncts reduce the quality of instruction
and the adjuncts’ frustration with low levels of pay, security and benefits, and appreciation.
Carter Lumber plans to hire as many as 100 in Franklin
Ohio-based Carter Lumber plans to open new wholesale lumberyard and truss-making facility in Franklin in June.
Members: Anthem health plans subpar
Anthem Blue Cross and Blue Shield of Indiana fell slightly below average for customer satisfaction among scores of health
plans,
according to a new survey by California-based J.D. Power & Associates.