CNO Financial earnings rise, top analyst expectations
Carmel-based CNO Financial Group Inc. on Wednesday reported higher profit in the fourth quarter despite a decline in revenue.
Health Care & Life Sciences
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Report: Eight states show significant drop in uninsured
In addition, another 10 states, including Indiana, were identified as having notable reductions in the percentage of uninsured residents.
Indiana preparing to lift most bird flu-related restrictions
Animal health officials monitoring the bird flu outbreak in southwestern Indiana say they will lift most restrictions in two weeks if ongoing testing finds no additional infections.
Indy life sciences firm sells for $127 million
Privately-held Biostorage Technologies Inc., which specializes in biological sample storage, has been purchased by a Massachusetts-based firm in one of central Indiana’s largest disclosed-price acquisitions of the past year.
UPDATE: Nightingale CEO claims state retaliated for report of ‘racially tinged’ remarks
The home-health firm’s lawsuit alleges state officials discriminated against the company and CEO Dev Brar when they conducted inspections that led Medicare to terminate payments to the company.
UPDATE: Final Obamacare enrollment hits 12.7M for 2016
About 12.7 million people signed up for policies under the Affordable Care Act, as enrollment accelerated during the final deadline week. More than 196,00 people in Indiana enrolled, including 90,546 consumers in the Indianapolis market.
Anthem merger partner reports dip in profit
Cigna Corp. blamed the nearly 9 percent decline on transaction costs related to its pending $54 billion sale to Anthem Inc.
Aetna CEO has ‘serious concerns’ about Obamacare sustainability
The head of the third-biggest U.S. health insurer said he has “serious concerns” about whether or not Obamacare’s new markets are sustainable, echoing criticism from other top for-profit insurers.
Closing in on a Brownsburg site for Hendricks Regional’s $40M facility
The health system hopes to build its new ER and outpatient clinic on undeveloped farmland off of Interstate 74, near Ronald Reagan Parkway
Health plan provider to cut most of its workforce
Advantage Health Solutions Inc., which was was placed under the supervision of the Indiana Department of Insurance in November, plans to part ways with most of its workers, the Indianapolis-based company said Friday in a notice to the state.
Feds want to cut off funding for Carmel home health firm
Carmel-based Nightingale Home Healthcare Inc. is trying to keep from being kicked out of the federal Medicare program for allegedly putting patients in “immediate jeopardy,” according to documents in a bankruptcy reorganization case the company filed in December.
UPDATE: Lilly meets quarterly expectations but trims forecast
Strong sales of drugs for diabetes, cancer and animals helped the Indianapolis drugmaker overcome falling sales of older drugs for depression and osteoporosis, pushing up fourth-quarter sales and profit.
Obamacare will probably cost more in 2017, Anthem says
The Indianapolis-based insurer is eking out a small profit from selling policies to individuals under the Affordable Care Act, but many of its rivals aren’t.
Indiana panel OKs allowing prescriptions for cold meds
Under the revised proposal, pharmacists will have the option of requiring a pseudoephedrine prescription for some customers.
Anthem profit falls well short of analysts’ expectations
The Indianapolis-based health insurer Anthem Inc. saw medical enrollment slip and overhead rise in the fourth quarter, pushing down profit by 64 percent. Shares fell more than 3 percent Wednesday morning.
Lawmakers hear another pitch for cold-medicine prescriptions
Supporters of a proposal to allow pharmacists to require prescriptions to buy medicine with pseudoephedrine say the requirement is the only way to curb Indiana's methamphetamine problem.
5 things to look for Thursday in Lilly’s earnings
Executives at Eli Lilly and Co. are telling investors the worst is behind the company and only good things await. But the drugmaker still has a few things to prove.
Dental claims processor plans to add more than 150 workers
Renaissance Electronic Services said it will invest $14.9 to expand five existing Indianapolis facilities and a new location in the former Gerdt Furniture store in Southport.
Proposal for cold medicine prescriptions being scaled back
The new version of the Indiana bill would classify pseudoephedrine in a way that most consumers would be able to buy it, but pharmacists could require a prescription from suspicious customers.
Anthem merger partner banned from Medicare sales for ‘widespread failures’
Cigna Corp., which has agreed to a $48 billion merger with Indianapolis-based Anthem Inc., has committed systemic violations that threatened patients’ health, U.S. regulators say.