No, Community didn’t make a list of 1,000 people to fire
My post on a presentation by Community Health Network CEO Bryan Mills was interpreted in a stronger way than I intended. So let me set the record straight.
Health Care & Insurance
Articles
Merck’s exit pushes Endocyte shares lower
Shares of Endocyte Inc. skidded 15 percent Wednesday after industry giant Merck & Co. Inc. decided it would give up on developing Endocyte cancer drug vintafolide.
FDA prepping long-awaited plan to reduce salt
Food companies and restaurants could soon face government pressure to make their foods less salty for health reasons.
Indiana social services chief Minott leaving post
The head of the Indiana Family and Social Services Administration is on her way out just as negotiations heat up with federal officials over Gov. Mike Pence’s alternative to a traditional Medicaid expansion.
The worries of a hospital CEO
In a video presentation to his employees, Community Health CEO Bryan Mills discusses the threats hospitals face from retail clinics and employers—and how Community briefly discussed laying off 1,000 workers last year.
Lilly, IU expect $25M plan to create new model for drug R&D
A new research consortium spearheaded by the Indiana University School of Medicine and Eli Lilly and Co. could bring in $25 million to $50 million over five years to create a new approach for developing drugs that provide more precise treatment for small groups of patients.
Legal snags kill Community-Eskenazi hospital merger
Community Health Network and Eskenazi Health quietly called off their engagement months ago, when they found out federal laws effectively prohibited their marriage. Now they’re trying to figure out how to just be friends.
Sale ends 83-year run for Indy’s Harlan Laboratories
Whether the merger of the former rivals is good for Indianapolis will play out in the coming months. Huntingdon has 1,200 employees, most of them in the United Kingdom and Princeton, N.J. Harlan has about 2,300 employees worldwide, including 300 locally.
Why Obamacare is likely to fail in Indiana (and most other states, too)
New data show eight out of 10 Hoosiers with private health insurance are covered by employer plans that are exempt from most Obamacare rules. So, rather than being an invasive train wreck, Obamacare may fail because it doesn’t affect enough people.
Researchers delve into brain function
Early results of studies show exercise, training help keep mind active later in life.
Remodelings might await boomers wanting to stay in their homes
Many homes will be difficult for aging boomers to navigate without changing doors, bathrooms, hallways and kitchens.
Former Riley Hospital CEO Pescovitz to join Eli Lilly
Dr. Ora Pescovitz is returning to Indianapolis after spending the past five years as CEO of the University of Michigan Health System.
Westfield schools sign Riverview as health provider, stadium sponsor
Westfield Washington Schools has landed a 10-year, $1.2 million sponsor for the 5,000-seat football stadium it’s building at Westfield High School.
Audit: Nearly 275 in Indiana await first VA visit
Auditors found that the agency’s complicated appointment process created confusion among schedulers and supervisors, and that a 14-day goal for seeing first-time patients was unattainable.
Wellfount takes $16M and runs with it
The long-term-care pharmacy company, which puts Redbox-style vending machines in nursing homes, thinks a fresh infusion of cash will allow it to double revenue this year and become self-sustaining.
GOP politico creates health clinic for the Obamacare age
Brose McVey is leading a new health care clinic company that is squarely aimed at helping individuals, the self-employed and even large businesses deal with the new health care reality that is emerging under Obamacare.
Lab software firm raises $8.5M, names new CEO
A San Diego venture capital firm has made a big bet on Indigo BioSystems Inc., which just installed its founder as the new chief executive.
Doctors want to improve state drug-tracking system
A study has found that most doctors in Indiana aren't frequently using an electronic system designed to detect prescription drug abuse.
Lilly consolidated into testosterone drug lawsuit
The decision to collect cases before one court comes after the U.S. Food and Drug Administration said it will re-examine the safety of testosterone-replacement drugs after studies showed the medicine posed an increased risk of heart attack and stroke.
The real health care money in this town is at IU Health
While the biggest hospital profit margins are made in the suburbs, the biggest pile of cash—$353 million in 2012—is made at the three downtown campuses run by Indiana University Health. In fact, those hospitals generated 32 percent of all operating gains posted by central Indiana hospitals in 2012.