Lilly sales, profit drop but beat analysts’ expectations
Indianapolis-based Lilly and Co. lost 17 percent of its revenue during the second quarter as U.S. patents expired on its bestselling drugs Cymbalta and Evista.
Health Care & Insurance
Articles
Dueling rulings: Courts split on health law clash
President Barack Obama's health care law is snarled in another big legal battle, with two federal appeals courts issuing contradictory rulings on a key financing issue within hours of each other Tuesday.
Court nixes Obamacare subsidies for Indiana, 35 other states
The Obamacare tax credits that brought nearly $400 million to Indiana this year to help Hoosiers buy health insurance could go away after a federal appeals court ruled Tuesday they were illegal.
Will hospitals’ higher facility fees survive health reform?
One of the open secrets in health care is that hospitals are paid substantially more than independently owned health care facilities for the same procedures. But those higher fees are facing unprecedented pressure.
Online insurance brokerage sets sights on Indiana
Obamacare could, according to some health insurance experts, cause most small businesses to end their group health plans. Now a new venture-backed company opening up shop in Indiana is trying to make that prediction a reality.
Western Indiana health care system announces cuts
A health care system that includes a Terre Haute hospital says it will cut 150 jobs by the end of the year.
Indy hospitals continue to see fewer patients. Why?
All of sudden, Hoosiers are buying less health care. Is that because we’ve kicked the habit, sobered up and found religion? Or is it the Great Recession hangover that will pass, eventually, so we can all get back to the party?
Regenstrief taps Deloitte to pick up more health care industry clients
With federal health research funding in decline, Indianapolis-based Regenstrief Institute Inc. wants to make up the difference by serving pharmaceutical companies, medical device makers, health insurers and hospital systems.
Indy patients love their doctors
Indianapolis ranked fifth highest among the nation’s largest cities for the most positive reviews of physicians. On a five-point Patient Happiness Index, the average review by patients scored Indianapolis physicians at a 4.05. San Francisco physicians topped the list.
Mouse clicks replace stethoscopes as U.S. web care grows
To cut medical costs and diagnose minor ailments, WellPoint Inc. and Aetna Inc., among other health insurers, are letting millions of patients get seen online first.
Commuting safely on bike can require counterintuitive behavior
The rate of bike commuting in Indianapolis has more than doubled since 2000, but many cyclists still don’t know—or follow—some basic guidelines that can keep them safe.
WellPoint stock ascends to a record $110 per share
Indianapolis-based WellPoint saw its shares close July 9 at $110.87 per share, compared with less than $85 just five months ago.
WellPoint CEO: Insurer preparing for technology wave
In a wide-ranging interview, WellPoint Inc. CEO Joseph Swedish says adapting to technology is a top priority as he leads the nation's second largest health insurer.
NCAA seeks injury reduction with fewer full-contact practices
The recommendation is among a set of guidelines created to “generate a cultural shift within college athletics,” the Indianapolis-based NCAA said Monday.
Employees may rebel against Obamacare
The economics of the Obamacare’s exchanges are proving attractive to both employers and workers, but a new poll shows that workers still don’t want to end up in them.
New Obamacare rule could boost WellPoint
The U.S. Department of Health and Human Services proposed a rule that would automatically re-enroll exchange plan customers each year, which would help companies like WellPoint that sold aggressively on the exchanges in their first year.
Express Scripts cuts payments for customized drugs
The nation's largest pharmacy benefit manager, Express Scripts, is dramatically scaling back its coverage of compounded medications, saying most of the custom-mixed medicines are ineffective or overpriced.
Kokomo doctor gets 2 years for overprescribing
Don Wagoner, his wife and two other doctors were arrested last year on narcotics charges connected to clinics in Kokomo and Burlington. State officials say at least a dozen patients died from drug-related complications.
Obamacare generates windfall for insurers
Obamacare’s tax credits are pumping nearly $400 million into the coffers of health insurers in Indiana this year, according to data released by the federal government and the insurance companies.
CNO upgraded by S&P after divesting insurance unit
CNO Financial Group Inc. was upgraded by Standard & Poor’s after the Carmel-based company completed the sale of a life insurance unit that was no longer issuing policies.