Zimmer profit beats forecasts, shares rise 4 percent
Shares of Warsaw-based orthopedic device maker Zimmer Holdings Inc. have doubled the performance of the S&P 500 so far this year.
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Purdue getting regional nutrition, obesity center
The U.S. Department of Agriculture has chosen Purdue University to be the site of one of four centers, also to include Colorado State University, Cornell University and the University of North Carolina.
Lilly third-quarter earnings fall below Wall Street’s expectations
The Indianapolis drugmaker's profit tumbled 58 percent as cheaper generic medicines took sales from blockbusters Cymbalta and Evista.
Hilton North closure to cost 46 employees their jobs
Community Health Network Foundation is closing the hotel in December to create room for more hospital development.
Thousands affected by Medicaid eligibility change
A change in how eligibility for Medicaid is determined could save Indiana $26 million this fiscal year by pushing thousands of residents off coverage but providing first-time benefits to even more at lower costs.
State settles with drug maker over Medicaid fraud charges
The Indiana attorney general’s office has recovered more than $181,000 for the state Medicaid program by joining with other states and the federal government in a fraud settlement.
Nursing home chain to pay $38M in U.S. settlement
The Justice Department accused Extendicare Health Services Inc. of substandard care between 2007 and 2013 in 33 nursing homes in eight states, including Indiana.
Pence confident Hoosier health workers can handle Ebola
Gov. Mike Pence appeared on a webcast with health care workers Thursday to talk about Ebola and the state’s preparations should the disease arrive in the state.
Hospitals in quest to shrink emergency room visits
Hospitals around the state have been trying to cut emergency room visits—and Obamacare was supposed to help. But the results have been mixed, according to some local hospitals.
Pence names Adams Indiana’s health commissioner
Gov. Mike Pence has named Indianapolis anesthesiologist Dr. Jerome Adams to be commissioner of the Indiana State Department of Health.
Wal-Mart cuts health benefits for most part-timers
Starting Jan. 1, Wal-Mart will no longer offer health insurance to employees who work less than an average of 30 hours a week. The move, which would affect 30,000 employees, follows similar decisions by Target, Home Depot and others.
Pence asks HHS for alternative Medicaid approval
The governor met with Health and Human Services Secretary Sylvia Burwell on Monday in Washington, D.C., but said no deal has been reached yet.
Lilly partner ordered to pay more than $2M to ex-Actos user
Takeda Pharmaceutical Co. was ordered by a jury to pay more than $2 million to a woman who claimed the company’s Actos diabetes medicine caused her bladder cancer, in the latest of thousands of lawsuits involving the drug to go to trial.
St. Vincent closure of Lafayette hospital to ax 83 jobs
St. Vincent Health will close its long-term acute hospital in Lafayette in the next two months, leaving as many as 83 workers without jobs. St. Vincent will continue to operate its other Seton Specialty Hospital in Indianapolis.
Lilly partner accused of putting Actos profit ahead of safety
Executives knew by 2004 that studies found links between Actos and cancer, and didn’t issue a warning until seven years later to protect billions of dollars in sales of the drug, attorney Michael Miller told a state-court jury in Philadelphia on Thursday.
European regulators OK Lilly’s $5.4B Novartis deal
The European Union's antitrust authority has approved the $5.4 billion sale of Novartis' animal health division to Indianapolis-based pharmaceutical firm Eli Lilly and Co.
Nursing home gusher helps fund new hospital
Shelbyville’s Major will break ground on an $89 million hospital next month. Meanwhile, hospital systems around the state are talking about consolidating facilities or turning unused bed space to new uses.
Pence seeks meeting with Obama on Medicaid plan
Pence asked Obama for the meeting in a letter Thursday, suggesting it could occur while Obama is in southwestern Indiana on Friday to tour a steel processing company to mark Manufacturing Day.
WellPoint unit, hospital group hit impasse on contract
Contract talks broke down Wednesday between Anthem Blue Cross and Blue Shield and a network of five hospitals and other facilities, leaving tens of thousands of patients facing higher health insurance costs.
Lilly to end development of lupus drug after trial failure
Tabalumab was expected to generate about $250 million to $300 million a year in sales in several years.