WellPoint Inc., the nation’s largest health insurer based on membership, spent $1.2 million in the second quarter to lobby
the federal government on a variety of health care reform-related issues and other topics, according to a recent disclosure
report.
Drugmaker Eli Lilly and Co. spent nearly $3.6 million in the second quarter lobbying the federal government on health care
reform and trademark issues, among other topics, according to a recent disclosure form.
The price of Eli Lilly and Co.’s stock veered lower this morning after a Goldman Sachs analyst downgraded her rating from
neutral to sell.
WellPoint Inc.’s internal audit and chief compliance officer – and highest-ranking black executive – will leave the company
later this month, according to a companywide e-mail sent out yesterday.
Carmel-based Conseco Inc. faces a shareholder lawsuit by a union pension fund over an earnings restatement the company made
18 months ago.
Bloomington-based Cook Medical has won European approval for a new artery-opening device for the legs that it predicts will
be a blockbuster.
Arcadia Resources Inc. narrowed its losses in its most recent quarter as it started to accelerate sales in its highly-touted
DailyMed program, the company said today.
Community Health Network and the Metropolitan School District of Warren Township will open a new community health center inside
the Renaissance School, at 30th Street and Post Road in Indianapolis, the two organizations announced today.
Eli Lilly and Co. pulled the plug on yet another drug in its pipeline that was in the late stages of testing, further complicating
the company’s attempts to find revenue before losing patent protection on its bestseller.
Community Health Network has chosen Anthony Lennen as president of Community Hospital South and Dr. Robin Ledyard as president
of Community Hospital East, the health care system announced this morning.
Indianapolis physicians are mixed on the merits of a government-run, "public" health insurance plan. How reforms
might affect their pay is another major concern.
Industry groups in the life sciences, medical and information technology realms have helped lure companies to the region
and foster upstarts. Funding is almost always an issue, but it’s not the only barrier. Getting medical
devices to market often requires product design, development and marketing resources that aren’t
always apparent to upstarts.
The Indianapolis-based forensics, clinical and pharmaceutical testing firm now ranks 598, up from 1,466 a year ago. The list
is based on percentage of revenue growth.
With the Obama administration backing away from a government-run, "public" plan, the insurance
industry faces a much smaller threat in the form of privately run insurance co-ops.
Indianapolis-based startup My Health Care Manager has signed an agreement with Indianapolis-based
WellPoint Inc. that will eventually put My Health Care Manager’s elder care service in front of the health insurer’s
thousands of employer clients and their workers around the country.
Indianapolis-based Monarch Beverage is among hundreds of central Indiana companies that
have introduced wellness programs to counteract the rising costs of health insurance and Worker’s Compensation.
It’s no secret that Eli Lilly and Co. is the biggest private employer in the Indianapolis area. But
Lilly also supplemented the incomes of a few dozen local doctors — to the tune of more than $224,000 in just the first
quarter.
Safeco is leaving a five-building complex on North Meridian Street, and Eli Lilly and Co. has offered for lease its entire
four-building Faris campus.
In almost every place that two or more Americans gather, health care is debated. Because the bills before Congress are
inaccessible, the debate has shifted instead to principles such as the role of government and individual freedoms. I think this a healthy thing.
For a city feverishly growing its technology and life sciences sectors, it seemed a bit anticlimactic last January when
Purdue University dedicated its new technology center with only one tenant. But the lone tenant in the $12.8
million complex, FlamencoNets, a high-tech telecommunications firm, is about to get some company.
