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Richard Shepperd is retiring as president and CEO of Bioanalytical Systems Inc., a
West Lafayette-based provider of clinical research services and equipment. Sheppard already surrendered his position as president,
and the company’s board named Anthony Chilton, the company’s chief operating officer, interim
president. The board said it would conduct a national search for a new CEO. Shepperd, 69, became CEO in September 2006 and
had agreed to stay no later than December 2009. During his tenure, Bioanalytical’s stock lost 85 percent
of its value.

Dr. Michael Langley has joined Carmel-based Anson Group as a regulatory consultant.
Langley retired from Eli Lilly and Co., having served in many roles, including director of regulatory affairs and clinical
research.

Dr. Shanna Bowman and Dr. Stacey Smith have joined County Line Pediatrics,
a new practice on South Emerson Avenue that’s part of St. Francis Medical Group. Both Bowman and Smith earned
their medical degrees at the Indiana University School of Medicine.

The Indiana Health Industry Forum made Kristin
Jones its president and CEO after she had performed those jobs on an interim basis since 2008. Also, the health and
life sciences group named former Roche Diagnostics executive Joerg Schreiber chairman.

Roche Diagnostics Corp. named a new CEO Tuesday for its North American operations, which are headquartered
in Indianapolis. Jack Phillips, currently head of commercial operations for North America and Japan at Roche subsidiary Ventana
Medical Systems, takes the reins from Michael Tillmann, who resigned on Friday. Tillmann had been in the job 18 months, but
Roche continued to lose market share in its diabetes business. Phillips is the third North American CEO for Roche Diagnostics
in less than two years.

Republican U.S. Sen. Richard Lugar requested Indiana’s attorney general to conduct
a legal analysis of the Senate health insurance proposal, according to the Associated Press. Attorney General Greg Zoeller
will examine the constitutionality of parts of the federal health care bill, including the so-called Nebraska compromise that
would give Nebraska funding for expanded Medicaid obligations. Indiana law gives the attorney general authority to review
proposed federal legislation for any of the state’s U.S. senators or representatives. Zoeller said he’ll provide a report
to Indiana’s congressional delegation by the time Congress starts House-Senate conference committee negotiations.

The long-term impact of health care reform is uncertain, but many analysts are expecting big health insurers like Indianapolis-based
WellPoint Inc. to benefit in 2010, according to the Associated Press. WellPoint, which insures more Americans
than any of its peers, has seen its stock price surge 10 percent in 2010. "As the health care reform
debate diminishes, we believe investors will continue their recent return to managed care stocks
in the first half of 2010 with a large-cap bias," Thomas Carroll, an analyst at Stifel Nicolaus
& Co., told investors.

Witham Health Services wants Boone County officials
to support a $35 million bond issue that the Lebanon-based hospital said could save it millions in interest
payments. Witham wants to use about $21 million to refinance a 95,000-square-foot medical office building in Lebanon
that it opened in September. Interest rates on bonds are lower now than when Witham began that project in mid-2007. Witham
would use the rest of the money, about $15 million, to purchase land in the Anson development near Zionsville, on which Witham
opened a free-standing emergency room in October. The 43,000-square-foot structure features cutting-edge imaging equipment
for open-sided magnetic-resonance imaging exams and high-resolution CT scans. It also includes office space for family and
specialist physicians.

The City of Evansville hired Maryland-based Meritain Health to manage its self-funded insurance
plan. The new city health plan will feature the Welborn Health Plan’s Dual Option Product, which gives members access
to both Deaconess and St. Mary’s hospitals, instead of only one as before. Meritain Health administers health plans
for more than 80,000 members in the greater Evansville tri-state area.