Cancer treatment firm adding 27 jobs in Indianapolis
A North Carolina-based maker of cancer-fighting ultrasound machines plans to create 27 jobs paying an average of $36 an hour at its Indianapolis facility over the next three years.
Health Care & Insurance
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Fairbanks gets $1M from United Way for hospital expansion
The $2.5 million expansion will add 7,000 square feet of meeting and office space to Fairbanks’ 86-bed hospital for patients trying to recover from drug and alcohol addictions.
Anthem rolling out 401(k)-style medical benefits
Anthem Blue Cross and Blue Shield of Indiana will open a new online exchange to Indiana employers on Jan. 1, where workers could purchase medical benefits from a group of plans using a fixed sum of money given them by their employers.
VC funds hope to help early-stage life sciences firms
Early-stage venture capital has been harder and harder to come by for life sciences companies in recent years, but two Indianapolis investors are working to raise sizable funds to help fill the gap.
Small charity to use NBC show to boost visibility, vie for $1M prize
The efforts of Indianapolis-based Timmy Global Health to improve health in Latin America, the Caribbean and Africa while exposing hundreds of students to the realities of the medical industry have earned it an appearance on network TV and a shot at a $1 million unrestricted grant.
State health commissioner returning to private sector
Dr. Gregory N. Larkin, appointed commissioner of the Indiana State Department of Health by Gov. Mitch Daniels in 2010, will leave his position in January to become medical director of OurHealth, an employer on-site clinic company.
Feds clear WellPoint’s $4.5B acquisition of Amerigroup
The government has dropped its antitrust concerns about health insurer WellPoint Inc.'s proposed acquisition of Amerigroup Corp., the Justice Department said Wednesday, clearing WellPoint to proceed with the $4.46 billion deal.
Lilly chief says China too slow in approving new drugs
China takes eight years longer on average to approve drugs than other major countries, and U.S. drugmakers are looking at ways to help speed things up, Eli Lilly and Co. CEO John Lechleiter said.
Insurance software firm cutting 23 local jobs
Washington-based Vertafore Inc., a developer of insurance software, said it will begin layoffs at its Indianapolis office Jan. 31.
EU reviews cancer drug from Endocyte, Merck
Merck & Co. and Endocyte Inc. said Tuesday that European Union regulators will review their drug vintafolide as a treatment for ovarian cancer.
Medicaid expansion could cost $54M a year
A new set of projections released Monday estimates that expanding Medicaid coverage as called for in President Obama’s 2010 health reform law would cost the state government less than $54 million per year on average over the next decade—far lower than projections issued by the actuarial firm hired by Indiana Gov. Mitch Daniels’ administration.
Assessment fees benefit Indy hospitals
IU Health and Community enjoyed net gains of $267 million and $23 million, respectively, from the hospital assessment fee program during the fiscal year ended June 30.
Insurance customer lawsuits dog CNO
CNO Financial Group appears to have wrapped its arms around the cost of settling a trio of consumer lawsuits involving life insurance rate hikes, but it’s not out of the woods yet.
SCHAFIR: Businesses face tough decisions over health care
Now that the election is over, it seems clearer that the Patient Protection and Affordable Care Act, or Obamacare, will likely move forward. The question is whether business owners will be able to steer their employees to state exchanges and wash their hands of health care coverage.
Dialysis software firm finally making inroads
Vasc-Alert proves its technology, plans to expand into Europe.
THOMPSON: Push is on to regulate health information technology
After decades of slow adoption, health information technology now threatens to completely disrupt health care, in a good way, dramatically improving quality of care. The question is, will federal regulators stand in the way?
Indiana employers desperate to improve workers’ personal habits
Skyrocketing health care costs prompt search for new ways to improve lifestyle choices.
Indiana legislative leaders ponder health costs
Indiana's top lawmakers said Monday they're not sure what to expect from the federal health care law other than greater costs at a time the state's budget is already stretched thin.
Cook wins approval for new stent
Bloomington-based Cook Medical won approval for the first drug-coated stent for clogged leg arteries in the United States, which accounts for 40 percent of the soon-to-be $3 billion market.
Analyst: WellPoint CEO search down to two
According to one Wall Street analyst, the search for a new CEO for Indianapolis-based health insurer WellPoint Inc. is down to two candidates: former Aetna Inc. CEO Ron Williams and Amerigroup Corp. CEO Jim Carlson.