Drugmakers turn up marketing efforts in diabetes market
With a half-dozen new products lined up for approval within two years, the fight to win the growing $22 billion U.S. diabetes market is expected to intensify.
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Indiana University shifting 50 jobs to temp agency
The move is partly being made to avoid having to add those workers to the IU health insurance plan as required by the federal health care overhaul.
Analysis: Obamacare exchanges will push Anthem’s premiums lower
Anthem Blue Cross and Blue Shield of Indiana expects the average premiums it charges on the health insurance exchanges being created by Obamacare to be about $60 per year less for each of its health plan members than they would have been without the law.
Hospitals aren’t bad guys; they’re just business guys
Even in the face of alarmingly high hospital prices, no one should conclude that hospitals are the bad guys in the health care system. Hospital executives are doing exactly what they’re supposed to be doing as the business leaders of their institutions.
After years of success, Harlan Laboratories caught in debt vise
The company may violate loan covenants in the next three to six months, and its ability to refinance a $280 million loan that matures in July 2014 is “highly questionable,” Moody’s says.
Ouch! Indy hospitals charging employers three times more than Medicare
A new study found that Indianapolis-area hospitals are charging patients insured by their employers 264 percent more for outpatient services than the federal Medicare program pays for the exact same services at the same hospitals.
OurHealth readies citywide network of employer clinics
In a bid to make employer-sponsored health clinics available to companies of all sizes, Indianapolis-based OurHealth will open a network of seven offices around Indianapolis next year.
Only now is Pence team starting Medicaid talks
Gov. Mike Pence’s go-slow approach could push an expansion of Medicaid eligibility in Indiana to the end of 2014. And he’s OK with that.
Healthy Indiana Plan extends trial run a year
Indiana is being granted a limited extension of its Healthy Indiana Plan while state and federal health care leaders continue negotiating a possible Medicaid expansion.
Greenwood biotech firm’s assets to hit auction block
The remnants of ill-fated Elona Biotechnologies Inc. will be auctioned on Sept. 27, presenting a rare turnkey opportunity for entrepreneurs interested in jumping into the life sciences industry.
China bribery probe leading to tough drug market, CEO says
Drugmakers under investigation for bribery have stopped promoting products in China, and physicians in some hospitals no longer want to meet sales representatives. Eli Lilly is among the drugmakers in China facing allegations.
Which Indy hospitals do it right the first time?
Medicare data show some county-owned hospitals around Indianapolis scored better than big-name hospitals like IU Health and Community.
Health firm plans move to Carmel, adding 675 jobs
American Specialty Health, a California-based provider of wellness programs, plans to lease about 90,000 square feet of office space in Carmel and open its new headquarters next June.
Patients get what they pay for
Patients, in spite of what it may feel like, pay only a tiny fraction of the total health care bill directly from their own pockets. It’s no wonder then that prices and good service are hard to find.
SEC accuses Indy cancer firm of being a sham
The SEC says the CEO of locally based biomedical firm Xytos Inc. has committed securities fraud
since 2010 by repeatedly publishing false information to investors about the company. Timothy Cook denies the accusations.
Airport authority sues insurance carrier for $9.2M
The Indianapolis Airport Authority claims Travelers Property Casualty Co. of America failed to pay it all the money it is owed following a steel-beam collapse during construction of the midfield terminal.
Indiana board considers 1-year delay of patient tests
Indiana's Medical Licensing Board is considering delaying for one year a proposed new rule that would require physicians to conduct annual toxicology tests on some patients as part of a larger state effort to crack down on prescription drug abuse.
Planned Parenthood sues Indiana on abortion pill law
Planned Parenthood is suing to block a new Indiana law that tightens abortion pill regulations, arguing that the law wrongly targets the organization's clinic in Lafayette.
Lilly cites ‘deep concerns’ over China kickback allegations
Eli Lilly and Co. said it is investigating allegations its employees paid Chinese doctors at least $4.9 million in bribes and kickbacks to promote the sales of two diabetes drugs.
Slower rise in health insurance costs is an illusion
The ‘modest’ 4 percent rise in health insurance premiums, when compared with wages, shows things are getting worse, not better, for health care consumers.