Indy-based NICO works for acceptance of less invasive brain surgery tools
Currently, only about 2-4 percent of U.S. brain surgeries for tumors, strokes and other abnormalities are done with NICO’s low-invasive approach.
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Purdue startup focuses on prostate cancer therapy
Research developed at Purdue University and licensed by a biomedical startup could give patients with late-stage prostate cancer an alternative to hormone therapies that can develop resistance after prolonged use.
Nine13sports plans to expand bike program into new market
The Indianapolis-based not-for-profit announced plans Wednesday to launch the Kids Riding Bikes program in Minneapolis next year. It’s the second expansion in two years for the organization.
Lilly pledges $90 million to improve global drug access
Eli Lilly and Co. is pledging $90 million over five years to improve access to treatment for diabetes, cancer and tuberculosis in developing countries—the latest push in its philanthropic strategy of building health care systems around the world and increasing the market for its prescription drugs.
Mainstreet accused of not paying nearly $2M in fees to adviser
A Chicago investment broker says the Carmel-based developer of transitional care properties is refusing to pay up for lining up a major investor in several projects.
Princeton to pay $18 million to settle residents’ tax case
The residents who sued sought to revoke the school’s property-tax exemption, in part because Princeton shares commercial royalties with faculty from a patent that Indianapolis-based Eli Lilly and Co. turned into the cancer drug Alimta.
Medicare unveils far-reaching overhaul of doctors’ pay
The majority of medical professionals billing Medicare—some 600,000 doctors, nurse practitioners, physician assistants and therapists—will be affected.
Obamacare enrollment predicted to see ‘significant slowdown’ next year
Enrollment in the Obamacare insurance marketplace is likely to stall or even decline for 2017 after two years of growth, according to S&P Global Ratings forecasts.
Dental school launches $21.6M expansion project
The school, on the IUPUI campus, broke ground Sept. 23 on the 45,000-square-foot addition. It will house 125 new patient treatment rooms, spread over three floors, that will provide more elbow room for dentists, faculty and patients.
Feds snag Mainscape owner in American Senior Communities probe
The U.S. Attorney’s Office in Indianapolis filed a felony count against Mainscape CEO Dave Mazanowski on Wednesday alleging he was a willing participant in a fraud and kickback scheme orchestrated by former American Senior Communities CEO James Burkhart.
Community Hospital North shuts down 6 operating rooms
The hospital said Monday afternoon it had decided to voluntarily suspend the use of the operating rooms while it conducts air-quality tests.
Mandatory flu vaccines remain a sticking point in Indiana
The issue has continued to flare up regularly since Indiana University Health fired eight employees in 2012 for refusing to get a flu vaccination.
Indiana Supreme Court won’t take case over medical bills
The high court’s ruling leaves in place a trial court and state appeals court decision that ruled an Indiana hospital will have to release information about how it charges and offers discounts to insured patients.
Community Health Network to close Guion Road hospital
The hospital system, which scaled back operations at Community Hospital Westview last year, said it made the decision to close it entirely after a "thorough evaluation of its care delivery models" in Indiana.
Hospitals, state push to reduce infant mortality in Indiana
Indiana is the 10th highest state for children not reaching their first birthday. Hospitals and public officials want to turn that around.
Indy EMS analyzes data to spot, share trends in public health
IEMS has been at the forefront of big data, unifying granular information into a real-time public health picture and spurring action across other government agencies.
Lilly’s Elanco unit buying pet-vaccine portfolio for $885M
The Indianapolis drugmaker's animal-health division is bulking up its companion-animal business by buying Boehringer Ingelheim International's U.S. feline, canine and rabies medications.
Americans getting fed up over high drug prices
A new poll shows that a growing number of people feel drug prices are unreasonable, and they favor a variety of government actions to keep prices down.
St. Vincent loses court battle over $15 million hospital loan
The case centered on an 80-year-old dilapidated hospital in eastern Indiana that St. Vincent bought in 2000. St. Vincent replaced it with a new hospital, called St. Vincent Randolph, at a cost of about $15.5 million.
Analysis: Diabetes drug price war likely to claim more casualties
Pharma giant Novo Nordisk announced Thursday that it is cutting 1,000 jobs after slashing forecasts for 2016, citing lower prices for diabetes drugs. Novo and competitors such as Indianapolis-based Eli Lilly will likely have to keep tightening their belts as prices and profit margins fall, experts say.