South Bend company to open second psychiatric hospital in central Indiana
Neuropsychiatric Hospitals LLC said it is developing a 64-bed hospital in Greenwood that will serve patients with complex medical and psychiatric condition.
Health Care & Life Sciences
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As injuries mount, Methodist Sports Medicine expands to meet need
Founded in 1983, the practice has 28 physicians and annual revenue of $35 million, and shows little sign of slowing.
Got a big head? Fatheadz has you in its sights
Starting out in 2005 with just four sets of sunglass frames, the eyeglass company now offers five lines for men and women with more than 100 frame styles.
BHI Senior Living on growth tear, even as some of its rivals sputter
The retirement community operator had revenue of $51.4 million last year, up 4% from 2017, according to its Form 990 tax return.
New behavioral health hospital planned for Greenwood
Medistar Corp. of Texas has filed an application to build a 42,610-square-foot building at 795 North Emerson Avenue, a vacant and undeveloped site about a mile south of Franciscan Health Indianapolis.
Ascension St. Vincent expands Indianapolis cancer center
The expansion is the latest move by a large Indianapolis health system to expand cancer care, a fast-growing and competitive medical field.
Virtual health care grows, but usage is uneven and some patients, physicians are slow to adopt
Three years after Indiana passed a law allowing doctors to prescribe drugs for patients without an in-person visit—using a computer, smartphone, video camera and similar technology—some health systems around the state are reporting higher use of virtual visits. St. Vincent, for example, sees hundreds of patients a month remotely for ailments ranging from minor rashes and sprains to follow-up visits for strokes.
Investor interest keeps Cornerstone busy in medical office building market
Indianapolis-based Cornerstone Cos. has invested more than $84 million in recent years to buy medical office buildings, clinics and surgery centers. Now it is about to start its fifth investment fund.
Obamacare offers Hoosiers fewer choices, higher prices
From a look at the numbers, Indiana is not a great place to buy health coverage through the Affordable Care Act marketplace.
Implant maker Nexxt Spine to double size of Noblesville headquarters, add 25 jobs
The company said it needs more space after acquiring six laser beam printers. In the past decade, more than 600 spine surgeons have performed procedures using Nexxt Spine products.
Major exhibit on opioid epidemic coming to Indiana State Museum
The exhibit, which opens Feb. 1, covers 7,000 square feet and invites visitors to “unravel the crisis one step at a time,” with displays on the biology behind addictions, American history with other health crises, and personal stories from addicts and families.
St. Vincent faces expensive growth options
The hospital system’s 45-year-old campus will likely need hundreds of millions of dollars in upgrades in coming years to keep it competitive long term.
Four more Hoosiers sue Juul for deceptive advertising in e-cigarettes
The latest lawsuit says the company targeted young people for its flavored e-cigarettes without warning that the products were highly addictive and dangerous.
Indiana ranks 13th in nation for childhood obesity
One in six Hoosier children aged 10 to 17 is obese, making Indiana among the worst states in the nation for childhood obesity, according to a new study from the Robert Wood Johnson Foundation.
Lab-testing giant enlists Hc1’s software to smarten test utilization
The Indianapolis-based company’s software employs machine learning to prevent health systems from ordering too many or too few tests, a mistake that can lead to missed diagnoses and costly procedures.
Cook Regentec spins off first biotech from Indy-based incubator
The spinoff, called Sexton Biotechnologies, has raised $5 million in outside investment and will spin off in October. The biotech develops cell and gene therapy tools used to grow cells for medical purposes.
Building blitz continues at Zionsville’s Hoosier Village with $20M expansion
One of Indiana’s oldest and largest senior communities has broken ground on its fifth addition in seven years. Owner BHI Senior Living says it has a “robust waiting list” at Hoosier Village.
North-side nursing home to convert into drug-treatment center
Capitol Village Healthcare, a 52-bed nursing home at 2926 N. Capitol Ave., closed earlier this year, and had received low ratings from U.S. News and the Centers for Medicare & Medicaid Services.
State health department receiving $21M grant to combat drug overdoses
Money will go toward such uses as collecting more timely data on overdoses treated at emergency rooms and enhancing the state’s prescription-monitoring program.
Family of Carmel teen sues Juul, calling e-cigarettes addictive, dangerous
The lawsuit, filed in U.S. District Court in Indianapolis, is the first such federal lawsuit in the state against Juul, a company battling numerous complaints over its products.