Insurer Anthem hikes quarterly shareholder payout
Anthem Inc. has bumped up the quarterly dividend it pays shareholders by 4 percent, opting for a much smaller increase than its previous hike.
Health Care & Life Sciences
Articles
Indy misses out on ag HQ, but will be ‘global business center’
Dow and DuPont said they will base their combined agricultural business in Wilmington, Delaware, but that Indianapolis will play a pivotal role.
Kentucky agency sues Indy-based Planned Parenthood
Kentucky is seeking nearly $700,000 in fines against Planned Parenthood of Indiana and Kentucky, which is based in Indianapolis, for performing abortions without a license in Louisville.
For Lilly’s Cialis, glory days are over
The erectile-dysfunction drug, made famous by a slew of quirky commercials, is facing performance issues of its own.
Anthem not entitled to $3 billion, Express Scripts says
Express Scripts Holding Co. said it’s still working to resolve its contract dispute with Indianapolis-based insurer Anthem Inc., which has claimed it should be getting much more in savings from the pharmacy benefit manager.
CEO behind $500M airport proposal has mixed track record
The top executive at an Indianapolis start-up that wants to build a $500 million medical complex at the Indianapolis International Airport launched a 200-location Dunkin' Donuts business that went bankrupt in 2009 and he filed for personal bankruptcy in 2013.
Senator urges quick action on VA hospital probe
Sen. Rob Portman, R-Ohio, on Wednesday urged quick federal action to probe “very troubling” allegations at the Cincinnati VA hospital, which serves more than 43,000 veterans from southwest Ohio, Kentucky and Indiana.
St. Vincent joins short list of top trauma centers in state
The trauma center at St. Vincent Indianapolis has become the third such facility in the state to be recognized as a Level I Trauma Center, meaning it is equipped and staffed to handle the most serious injuries.
Teva closing in on $40B buy of Allergan generics unit
Teva’s acquisition will make it the world’s largest maker of generic medicines, giving it greater negotiating power with governments and private-health insurers.
Kroger to offer anti-overdose drug without prescription
The supermarket chain will make naloxone available in its pharmacies across Ohio and northern Kentucky, a region hard-hit by deadly heroin.
In-car data poised to rewrite rules of auto insurance
Two dozen auto insurers in Indiana already have launched at least small-scale usage-based insurance programs, according to the Indiana Department of Insurance.
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.
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