Return of medical-device tax dismays firms across state
The medical-device industry will see a resumption of the 2.3 percent federal excise tax beginning this month, following a two-year moratorium that expired Dec. 31.
Health Care & Life Sciences
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National chain opens three addiction centers in Indiana
CleanSlate Centers, a fast-growing, venture-backed operation based in Nashville, Tennessee, said it has opened two outpatient treatment centers in Indianapolis and one in Bloomington.
Obamacare sign-up tally dips slightly, to 8.7 million
HealthCare.gov enrollment reached nearly 95 percent of last year's level, outperforming projections in a show of consumer demand, despite a shortened sign-up season and big cuts in the ad budget.
Senator presses Anthem on decision to clamp down on ER reimbursements
U.S. Sen. Claire McCaskill is asking the Indianapolis-based insurer to turn over a huge array of internal documents, explaining how it reached its decision to deny certain emergency room claims.
From autos to universities, here’s what the tax overhaul means for most industries
Its impact will spread far and wide starting next year, highlighted by a cut in the corporate rate to 21 percent, fully allowable deductions for capital expenses and lower levies on repatriating overseas profits.
Riley moves ahead with $142M maternity expansion project
Riley Hospital for Children is about to begin renovating four floors of its hospital into a new, centralized maternity and newborn health unit.
Assembly Biosciences’ market value surges to nearly $1B, despite red ink
The 5-year-old Carmel biotech has won plenty of attention from Wall Street and has secured more than $100 million through licensing deals and a stock offering to help fund expensive clinical trials.
UPDATE: No jail for fertility doctor who lied about using own sperm
A Marion County judge gave Dr. Donald Cline a one-year suspended sentence, but ruled his actions justified him having a felony criminal record.
Grand Park Events Center food operator cited for health code violations
The company recently chosen by the city of Westfield to run concession stands at Grand Park has racked up more than 30 food-inspection violations—including multiple infractions for mouse droppings—during its short tenure operating the restaurants in the Grand Park Events Center.
St. Vincent parent considering huge hospital merger
Ascension Health and Providence St. Joseph Health are in deal talks to form the nation's largest hospital operator.
Ambulance service to close doors in Indianapolis, eliminate 82 jobs
The layoffs are expected to take place Feb. 2, according to a notice filed with state workforce development officials.
Ascension launches consulting, training operation with 65 workers
The business, called Agilify, will help train clients how to use digital technologies to speed up time-consuming chores, such as tracking down payments from customers.
Fishers medical manufacturer with 69 employees plans closure
Hill-Rom Holdings Inc., which owns Tridien Medical, said it plans to begin eliminating employees Jan. 31 with terminations continuing until Sept. 30, when the facility will permanently close.
Brown’s biotech startup to hire 225, invest $16M in HQ
A company founded a year ago by prominent local tech entrepreneur Don Brown expects to pay average salaries of $156,000 a year in new space at the IU Emerging Technology Center.
Hot-selling Lilly drug gets OK for second use
Taltz, launched in 2016 to treat plaque psoriasis, won approval from the Food and Drug Administration for a second indication—treating adults with a form of arthritis.
UPDATE: CVS buying Aetna for $67B, shaking up health care industry
The deal comes as the health sector is looking over the horizon at Amazon.com Inc., and how the company could transform the business of buying, distributing and selling drugs and medical products if it gets into health care.
Former Indiana doctor sentenced to probation in ‘pill mill’ case
The former doctor, who ran offices in Peru, Bloomington and Indianapolis, was sentenced to more than 10 years of probation but no time behind bars under a plea agreement with prosecutors. Fifty of the 55 charges against him were dropped.
$50M hospital fuels Hendricks health care war
Hendricks Regional Health’s new Brownsburg hospital is only the latest in Indiana’s second-fastest-growing county, where almost non-stop development is pushing demand for health care.
CVS nearing $65 billion-plus deal for insurer Aetna, source says
A deal between Hartford, Connecticut-based Aetna and Woonsocket, Rhode Island-based CVS could upend the health insurance, pharmacy and drug benefit sectors.
Health nominee Azar no stranger to management controversy
In Indiana, Alex Azar was an influential member of a public airport board, tasked with oversight of human resources matters, when he defended the conduct of the airport CEO who was under fire for spending public money on travel, golf fees, steak dinners and Super Bowl tickets.