Pharmacy grads still finding jobs, but it’s getting tougher
Pharmacy grads used to have their pick of six-figure jobs. But competition stiffened after dozens of new schools opened, sharply increasing the supply of newly minted pharmacists.
Health Care & Life Sciences
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Indianapolis YMCA to open first facility for veterans in U.S.
The facility will offer physical and occupational therapy provided by staff of the Richard Roudebush Veterans Administration Medical Center, as well as pain management and other counseling services.
Pence promises veterans Trump will reform VA health care
Vice President-elect Mike Pence promised military veterans that he and Donald Trump will reform the troubled Department of Veterans Affairs health system.
Fired manager files discrimination suit against Eskenazi Health
A former manager at Eskenazi Health claims she was fired after complaining that her boss was pressuring her to hire more minorities.
Drugmakers’ stocks jump on promise of Trump presidency
Pharmaceutical company stocks were among the winners in early trading Wednesday as Republicans’ sweeping election victory eased concerns that Democrats would enact controls on drug prices. Eli Lilly and Co. shares jumped 4 percent.
Pharmacy board member fined for conflict of interest
The vice president of the Indiana Board of Pharmacy has agreed to pay a fine for participating in several votes involving a pharmacy he was buying.
New pricing pressure hinders Lilly push to kick-start sales
The company's top-selling product, the insulin Humalog, saw U.S. sales by volume rise 10 percent in the third quarter. But because of rebates and other discounts, revenue dropped 14 percent.
CNO Financial beats third quarter analyst estimates
CNO Financial Group Inc. on Tuesday reported third-quarter results that topped Wall Street expectations despite a 45 percent decline in profit.
Anthem threatens Obamacare retreat if results don’t improve
If Indianapolis-based Anthem retreats from the Affordable Care Act, it would mean that almost all of the major American for-profit health insurers have substantially pulled back from the law.
Higher medical claims contribute to Anthem earnings miss
The health insurance giant saw its largest expense, medical claims paid, climb more than 9 percent in the quarter, to $16.92 billion.
Lilly shares slip after Bernie Sanders criticizes insulin prices
Makers of insulin became the latest target for Sen. Bernie Sanders, who has been going after pharmaceutical companies one by one over the issue of high U.S. drug prices.
Franciscan to build $50 million medical complex, micro-hospital in Johnson County
Franciscan Health said the complex at U.S. 135 and Stones Crossing Road will serve a rapidly growing part of Johnson County. It will be about 12 miles from its hospitals in Indianapolis and Mooresville.
TriMedx plans $21.5 million expansion, 108 jobs
TriMedx, a provider of health care technology management services, said it would invest the money in its 78,000-square-foot corporate headquarters near West 71st Street and Zionsville Road and elsewhere in the state.
UPDATE: Johnson Memorial plans $42M overhaul of Franklin campus
In the largest project in its history, Johnson Memorial plans to demolish its old hospital building and construct two new health care facilities.
Community Health outsources Indianapolis pharmacies to Walgreens
Community said having Walgreens run its pharmacies will give its patients access to more pharmacy locations with expanded hours. The hospital network also was impressed by Walgreens' technology that allows patients to interact with the pharmacy digitally.
Franciscan Alliance to demolish former Beech Grove hospital
The project, expected to take 18 months, will raze 900,000 square feet of adjoining buildings on a 15-acre site.
Health law consumers face least choice in program’s history
Americans in the health insurance markets created by President Barack Obama's law will have less choice next year than any time since the program started.
Roche completes buildings as part of $300M overhaul
Since 2012, the company has built five buildings, refurbished existing buildings, made upgrades to IT infrastructure, and increased investments in its diabetes care manufacturing technology.
Drug firms fighting ‘tooth and nail’ against California ballot measure
Drugmakers including Eli Lilly and Co. are becoming increasingly vocal in fighting a California ballot proposition designed to bring down prices on prescription medicine.
Lilly sales, profit disappoint in final earnings report under Lechleiter
Sales of Lilly's Humalog insulin, its top-selling product, fell 9 percent, to $641 million, offsetting gains by a stable of new drugs that is helping the company weather a blitz of patent expirations.