Worried about future, IU Health cuts 800 jobs despite profit rise
Admissions at Indiana University Health hospitals suddenly dipped 4.3 percent this year, but income from operations shot up 19 percent.
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IU Health to lay off 800 employees
The Indianapolis-based hospital system said Thursday it must make the cuts because fewer patients have been coming to hospitals and payment rates for its services have been declining.
Doctors, as well as patients, in the dark about prices
If you’re frustrated that health care prices are both unavailable and incomprehensible, you’re not alone. Your physician is in the dark too.
Julian Center blames shortfall for counseling center closure
Shutting the 2-year-old counseling center’s doors in October will affect 179 patients, most of whom are victims of domestic violence or sexual assault.
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.
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.
Indianapolis suburbs connecting the dots with trails
About 500 miles of trails already cut through Hamilton and Boone counties—including 125-plus miles in Carmel—and countless more are on the drawing board as suburban leaders strive to appeal to residents who want connected, walkable communities.
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.
Dems, Republicans bring Obamacare fight to Indy
The conservative Heritage Action for American organization brought its anti-Obamacare tour to Indiana’s capitol city on Monday. Meanwhile, supporters of the existing federal health care law held their own event.
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.