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.
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.
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.
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.
After suffering a financial swoon a year ago, Indiana’s hospitals look like they’re back on firmer—though not rock-solid—footing.
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.
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.
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.
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.
Prosecutors say the theft from an Eli Lilly and Co. warehouse in Connecticut involved up to $100 million in prescription drugs.
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.
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.
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.
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.
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.
The money is designed to further the life sciences group’s work on such initiatives as the Indiana Biosciences Research Institute and the Indiana Health Information Exchange.
Hillenbrand is making headway at a time when most corporations reap little improvement for their investment in wellness programs.
In the case of Anthem, 12.5 percent of doctors were not at the address listed for them, while 12.8 percent were not willing to accept the health plans purchased on the exchange.
Federal officials have approved a renewal of Indiana's Medicaid-covered health saving accounts for low-income residents through next year.
Facing the loss of key hospital contracts, the Indiana Blood Center cut 27 jobs on Friday, announced the retirement of its CEO and said it will join a consortium of Midwest blood centers.
