Purdue Pharma and owners to pay $7.4B in settlement over OxyContin’s toll
The deal represents an increase of more than $1 billion over a previous settlement deal that was rejected last year by the U.S. Supreme Court.
Health Care & Insurance
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IBJ’s top 10 health care stories of 2024
It’s been another busy year in Indiana health care and life sciences, with headlines nearly every week announcing another billion-dollar deal or investment.
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Most Americans blame insurance profits and denials alongside the killer in UHC CEO death, poll finds
In the survey from NORC at the University of Chicago, about 8 in 10 U.S. adults said the person who committed the killing has “a great deal” or “a moderate amount” of responsibility.
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Damien Center planning 40-unit apartment project next to future headquarters
The nonprofit, Indiana’s largest and oldest AIDS service organization, hasn’t finalized a budget for the project, but early estimates place the cost between $12 million to $15 million.
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Trial shows Lilly’s Zepbound helps patients lose far more weight than competing drug
Eli Lilly and Co. said its weight-loss treatment Zepbound helped patients lose 47% more relative weight than competitor Novo Nordisk’s obesity treatment Wegovy in a head-to-head clinical trial.
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UPDATE: Elevance Health shares tick up on better-than-expected earnings
The company also reported higher medical expenses, mainly from its Medicaid business.
Indiana Senate committee advances several health care bills
Legislators voted to move five of the six bills forward in the legislative process, including bills banning non-compete agreements for physicians and placing limits on prior authorization.
How Indiana is spending $980M in opioid settlements
So far, seven national legal disputes have been settled that benefit Indiana, with money coming in each year to support treatment and prevention programs and other efforts in the state.
Sweeping review looks at effect of weight-loss drugs on 175 conditions
The research is the first to attempt to comprehensively investigate the impact—both good and bad—of the GLP-1 weight-loss drugs on the human body.
Nearly 80 patients moved into new Ascension St. Vincent Women and Infants Hospital
The new 268,000-square-foot hospital is on the south side of Ascension St. Vincent’s 86th Street campus and is connected to the Peyton Manning Children’s Hospital.
Lilly sees new weight-loss pill approval in early 2026, CEO says
Pills would be more convenient for patients and also easier to manufacture at large scale than other top weight-loss drugs, which require , CEO Dave Ricks said.
U.S. ‘notorious markets’ report warns of risks from online pharmacies
The report says 96% of online pharmacies were found to be violating the law, many operating without a license and selling medicines without prescriptions and safety warnings.
HealthNet chooses former COO Kougel as chief executive
HealthNet serves more than 61,000 patients a year in Marion, Morgan and Monroe counties at 10 primary care health centers, including a mobile center, and through community outreach and support programs.
OrthoIndy to merge with Evansville, Fort Wayne practices
When the merger is completed in mid-2025, OrthoIndiana will operate 39 locations throughout Indiana with 160 physicians and more than 1,800 employees, the practices said.
Regenstrief researcher co-leading $16M Alzheimer’s research program
Kosali Simon, an Indiana University and Regenstrief Institute researcher, will study the treatment and outcomes of patients with Alzheimer’s and related dementias.
IU Health executive Nagy heads to Boston Children’s Hospital
IU Health Metro Region President Dr. Ryan Nagy, who joined IU Health 13 years ago, was also interim president of Riley Children’s Health.
Medicaid coverage of weight-loss drugs could cost state up to $70 million a year
The Indiana Family and Social Service Administration’s Office of Medicaid Policy and Planning estimates that 5% to 20% of eligible members would be prescribed weight-loss medications.
Indiana nonprofit hospitals sitting on billions of dollars worth of net assets, legislator says
Sen. Travis Holdman (R-Markle) questioned whether the hospital systems are doing enough to make health care affordable for Hoosiers.
Surgeon general calls for label on alcohol to warn of cancer risk
Surgeon General Vivek Murthy said alcohol consumption is to blame for nearly one million preventable cancer cases in the U.S. over the last decade.
Dental office agrees to pay state $350K after data breach, privacy investigation
Under a proposed settlement agreement, Westend Dental would not admit to violating any laws.
Community Health to pay another $145M in whistleblower case, including $6.3M to former CFO
The amount is in addition to the $345 million that Community Health Network paid in December 2023 to settle much of the case with the U.S. Department of Justice.
Indy doctor sues state health department over abortion reporting requirements
The lawsuit says federal law is in direct conflict with the state law that requires physicians who perform abortions to submit terminated pregnancy reports to the Indiana Department of Health.
Norovirus: What to know about rising outbreaks of the gastrointestinal ailment
Cases of the illness known as norovirus—which induces miserable bouts of vomiting and diarrhea—are surging across the United States, according to the Centers for Disease Control and Prevention.
2024 Year in Review: IU Health rolls out Indy Health District as construction continues
Officials say the hospital, with three 16-story patient towers, should receive its top beam—or be “topped out”—next spring.