IU’s proton therapy center closes after 2,079 patients
John Kerstiens, the center's chief operating officer and chief financial officer, said the staff's mood on the final day of the center's operation was fraught with emotion.
Health Care & Life Sciences
Articles
Regrets of ending an employer health plan
This spring, Keith Pitzele ended his company’s health plan and sent his workers to the Obamacare exchange. It was a bumpy experience he’s glad he won’t have to repeat next year. Does that mean most employers won’t follow suit?
Three hospitals part of plan to provide Ebola care
Indianapolis hospital leaders have spent the past two months ironing out a plan to deal with any cases of Ebola that emerge in Indiana. The plan is aimed at ensuring effective care while also minimizing the need to bring other hospital services to a virtual halt while patients are under care.
Growth rate for U.S. health tab may have hit bottom
U.S. health care spending grew by the slowest rate in more than a half-century last year, but a speed-up is expected as the economy finally gets traction.
Lilly competitor claims early success with Alzheimer’s drug
Biogen Idec Inc. shares rose Tuesday after the company said its Alzheimer’s drug showed promising early results and will be quickly moved into a final-stage trial.
WellPoint makes switch back to Anthem name
The nation's second-largest health insurance company has officially changed its corporate name from WellPoint Inc. to Anthem Inc. The Indianapolis-based insurer's stock starts trading Wednesday under the ticker symbol ANTM.
Lilly in $440M osteoporosis patch deal with Zosano
Eli Lilly and Co. said Tuesday it will team up with Zosano Pharma Corp. on an experimental osteoporosis patch in a deal that could be worth more than $440 million.
Indiana’s Monroe Hospital files Chapter 11 liquidation plan
About one month after receiving court approval to sell its 32-bed acute-care surgical hospital in Bloomington, Monroe Hospital LLC filed a Chapter 11 plan of liquidation.
Central Indiana hospital cutting nearly 70 jobs
Officials of Marion General Hospital said in a state filing Monday that the 69 layoffs will take place during the first two weeks of February and are expected to be permanent.
Hospitals enjoy third-quarter recovery
After suffering a financial swoon a year ago, Indiana’s hospitals look like they’re back on firmer—though not rock-solid—footing.
Lilly competitor Glaxo to shake up U.S. operations
A major drugmaker that was part of three-way multi-billion-dollar deal this year involving Eli Lilly and Co. is planning a reorganization that will include hundreds of job cuts in the United States.
Three insurers to split $151M in Medicaid contracts
Anthem Blue Cross and Blue Shield, MDwise Inc. and Managed Health Services were selected by the state officials to manage health care services for 84,000 Hoosiers that qualify as aged, blind or disabled.
How CNO returned from the brink
CNO Financial Group looks nothing like it did five years ago. CNO stock recently traded around $17.50 a share, led in part by five consecutive years of profit. It has sold or spun off the last of its risky books of business acquired during go-go years, and it’s on the cusp of a significant bond-rating milestone.
Are workplace wellness programs worth it?
Believe it or not, wellness is now a minefield for businesses. The Equal Employment Opportunity Commission has taken up three lawsuits against companies because of their wellness programs. And new research finds that wellness programs probably cost employers money.
Fifth person pleads guilty in Lilly warehouse heist
Prosecutors say the theft from an Eli Lilly and Co. warehouse in Connecticut involved up to $100 million in prescription drugs.
New FDA rules will put calorie counts on menus next year
The rules deal a blow to the grocery and convenience store industries, which have lobbied hard to be completely exempted since the menu labels became law in 2010 as a part of health overhaul.
Obamacare’s Cadillac tax forcing Indiana employers to tap brakes on health benefits
No Hoosier employers want to pay Obamacare’s 40 percent excise tax on health benefits, which hits in 2018. So they are embracing high-deductible plans and putting more responsibility for health care spending on workers.
Health care deals lead big year for M&A activity
The health care industry has announced about $438 billion worth of mergers and acquisitions worldwide so far in 2014, about 14 percent of the $3.2 trillion total for all industries.
Ohio health plan to open Indy call center with 200 workers
CareSource, a 25-year-old managed Medicaid plan that covers more than 1.3 million people in Ohio, Kentucky and Indiana, said the Indianapolis center will be managed by Xerox Corp.
Report: Half of hospital systems could disappear in next decade
Deloitte consultants say hospitals are about to go the way of department stores, airlines and banks by clustering into fewer and fewer competitors. There’s plenty of evidence from Indiana to support that theory.