CNO Financial reports profitable first quarter
CNO Financial Group Inc. saw a decline in revenue, but rebounded from a year-ago loss in the first quarter.
Health Care & Insurance
Articles
Anthem’s first-quarter profit surges past Wall Street’s predictions
Anthem exceeded Wall Street’s profit expectations by 47 cents per share and raised its full-year profit forecast by 20 cents per share.
Former Lilly partner set to pay $2.3B to settle Actos cases
Takeda Pharmaceutical Co. executives have agreed to pay more than $2.3 billion to resolve lawsuits accusing the company of hiding its Actos diabetes medicine’s cancer risks, three people familiar with the accord said.
Health Department report: Nurse staffing was short at IU Health Methodist
A Health Department audit found nurse staffing routinely short on two patient units at IU Health’s Methodist hospital, where nurses are trying to organize a union.
Efficiency, slide in patients drive IU Health’s $1B consolidation
The hospital system announced Friday that it would close its University hospital in downtown Indianapolis after expanding the nearby Methodist and Riley campuses.
IU Health to close University hospital, expand Riley, Methodist
Indiana University Health announced Friday that the $1 billion project consolidating its downtown hospitals will take five to seven years to complete, during which time University Hospital will remain open to patients just as it is now.
Life sciences panel: Indiana making headway but needs more capital
The state has enjoyed success funding and building life sciences companies, and the new Indiana Biosciences Research Institute should give it a further boost, according to panelists Friday at IBJ's Life Sciences Power Breakfast.
Radiologists follow FedEx with flat-rate prices. Is this the future of health care?
To satisfy patients with high-deductible health plans, Northwest Radiology has introduced flat-rate pricing for its imaging scans. It’s a centuries-old concept among postal services, but for health care, it’s revolutionary.
Princeton loses appeal in case sparked by Lilly drug loyalties
Four residents of the town of Princeton sued to revoke the university’s tax exemption, in part because it shares royalties with faculty, mostly from a patent that Indianapolis-based Eli Lilly and Co. turned into the cancer drug Alimta.
Anthem cancels public events about data breach at Ball State
Representatives from Indianapolis-base health insurer Anthem Inc. have canceled plans to speak publicly this week at Ball State University, where some employees have had their identities stolen.
Did Congress just kick off another wave of doc mergers?
Things got quiet after a wave of hospital systems' acquiring physician practices swept through central Indiana from 2008 to 2011. But a new wave could start now that Congress passed the "doc fix" last week.
Pence signs bill expanding use of overdose drug
The new law allows Indiana residents to obtain and use a drug that can reverse heroin overdoses in their relatives, friends and loved ones.
Lawsuit: IU Health, HealthNet defrauded feds, endangered patients
The lawsuit charges that IU Health and HealthNet Inc. put low-income pregnant women and their newborn babies at risk in a fraud scheme that bilked taxpayers out of millions of dollars.
Paying for low value
A recent ranking of health care value in all 50 states puts Indiana in the basement. By my rough figures, working-age Hoosiers are paying a couple billions dollars extra for their health care.
IU Health to locate new Bloomington hospital near IU campus
Indiana University Health plans to construct a new hospital in Bloomington four or five years from now, the Indianapolis-based hospital system announced Wednesday, after striking a deal with Indiana University to build on the school’s golf driving range.
Finally, Congress OKs bill reshaping Medicare doctors’ fees
The Senate gave final congressional approval late Tuesday to the $214 billion bipartisan measure, which rewrites how Medicare pays doctors for treating over 50 million elderly people.
U.S. prescription drug spending jumps 13 percent
U.S. spending on prescription drugs soared last year, driven up primarily by costly breakthrough medicines, manufacturer price hikes and a surge from millions of people newly insured due to the Affordable Care Act.
Hospitals hiring scribes to tame electronic medical records
A growing number of hospitals locally and nationally hiring scribes to help doctors fill out electronic medical records, which were billed as a time-saver over paper charts.
AIT, former execs rack up nearly $5M in legal costs
AIT Labs and its former executives have already incurred nearly $5 million defending themselves against charges by the U.S. Department of Labor that AIT founder Michael Evans sold the company to its employees in 2009 at an inflated price.
IndyCar forcing manufacturers to strengthen body components
The enhancements, announced Thursday, are intended to minimize the amount of damage involved in car-to-car contact and reduce the amount of debris littering the track — or hurdling over catch fences and into spectator areas.