CVS nearing $65 billion-plus deal for insurer Aetna, source says
A deal between Hartford, Connecticut-based Aetna and Woonsocket, Rhode Island-based CVS could upend the health insurance, pharmacy and drug benefit sectors.
Health Care & Insurance
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Health nominee Azar no stranger to management controversy
In Indiana, Alex Azar was an influential member of a public airport board, tasked with oversight of human resources matters, when he defended the conduct of the airport CEO who was under fire for spending public money on travel, golf fees, steak dinners and Super Bowl tickets.
Lawsuit accuses Lilly of using kickbacks to boost insulin sales
A recently unsealed suit accuses the Indianapolis-based drugmaker of offering free nursing services to doctors to induce them to prescribe the company’s products.
Express Scripts CEO open to insurer deal, ties with Amazon
Express Scripts Holding’s stock has been in decline since its biggest client, Indianapolis-based insurer Anthem Inc., said it would end its relationship with the pharmacy benefit manager.
FDA aims to expand early-approval program for promising drugs
The Food and Drug Administration wants to help patients get faster access to promising cancer treatments, FDA Commissioner Scott Gottlieb told House lawmakers Thursday.
In Trump health secretary pick, Dems have questions but hope
As Alex Azar faces his first nomination hearing, even some critics see signs he could shift the health care debate away from partisan confrontation.
IU Health, Monroe Hospital settle ambulance lawsuit
The settlement ends a two-year quarrel over whether IU Health violated antitrust laws when its ambulances transported most of the county’s 911-response patients to its own hospital.
Cook Group set to start expansion project in old refrigerator plant
Medical-device maker Cook Group expects to start work in December on an expansion project as it takes over a former General Electric refrigerator factory in Bloomington.
Nurse no longer employed at IU Health after racist tweets
IU Health declined to name the employee or specify whether the job separation was a resignation or firing.
Tangled incentives push drugmakers away from opioid solutions
Pharmaceutical companies have introduced medicines to treat dependence, reverse overdoses and deal with opioid side effects. But few effective and economically viable alternatives to addictive painkillers have emerged from the laboratory.
CNO CEO Bonach has left mark on far more than his company
Ed Bonach became active in the community partly to send a message to the company’s beaten-down workforce that “you don’t have to hang your head about being part of this company. We are doing a lot of good things, and we will be doing more of them.”
Former Pharmakon exec pleads guilty to 10 criminal charges
Caprice Bearden, 63, of Carmel pleaded guilty in U.S. District Court to one count of conspiracy to defraud the United States and nine misdemeanor counts related to the sale of adulterated drugs, including painkillers that were used on hospitalized infants.
Brother of ex-American Senior Communities CEO admits guilt in fraud case
Joshua Burkhart is the second defendant to admit guilt in what prosecutors allege was a $16 million fraud orchestrated by leaders of the state's biggest nursing home company.
Insurance giant adding 400 jobs in $14M expansion in Carmel
The Boston-based insurer said it will lease 56,000 square feet in the Parkwood Crossing office complex to accommodate the expansion.
Ohio gets 370 applications for medical marijuana licenses
Officials in Indiana’s neighbor to the east say they’ve received plenty of interest from companies interested in operating the 60 dispensaries that will sell medical marijuana.
Leading lawmakers leery of boosting Indiana smoking age
The Indiana Chamber of Commerce wants lawmakers to raise the state’s legal age for buying cigarettes from 18 to 21 and also is calling for a repeal of a state law that prohibits businesses from refusing to hire tobacco users.
Maker of opioid treatment planning Indy-area expansion
Innovative Health Solutions Inc. recently received FDA approval for a device that treats opioid withdrawal symptoms.
More consumers qualifying for free Obamacare
Experts say wider availability of no-premium plans is the unintended consequence of Trump administration actions to undermine the Affordable Care Act.
Mainstreet Health makes $425M acquisition, plans name change
Mainstreet Health Investments Inc., a company founded by Carmel-based Mainstreet Property Group, has reached a deal to acquire Care Investment Trust LLC, which owns 42 senior housing and care properties.
FDA clears Indiana firm’s device to aid recovery from opioids
U.S. health authorities have cleared a brain-stimulating device made by an Indiana-based company for patients suffering from debilitating withdrawal symptoms caused by addiction to heroin and other opioids.