Cook stent could prevent more amputations, study finds
A drug-coated stent from Indiana-based Cook Medical was more effective than standard therapy for patients with blockages in an upper-leg artery, a study found.
Health Care
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Columbus hospital suing FEMA for $17.1 million
Federal lawsuit, which stems from June 2008 flood that caused $167 million in damages and business income losses, alleges FEMA failed to pay the full amount the hospital is owed in federal funding.
Plastic surgery firm hit with surveillance litigation
Former employees say Meridian Plastic Surgery Center violated their rights when it secretly recorded them in various states of undress.
Health overhaul’s $264M question weighs down WellPoint
The failure by state regulators to decide how much insurers must spend on patient care is scaring investors from health-plan stocks and complicating insurance company decisions.
Building binge hasn’t crimped hospital profits
Indianapolis-area hospitals spent billions on construction in the past decade and increasingly tried to poach patients from one another’s territories. Yet last year—one of the worst economically in recent history—21 of 26 hospitals still were able to show operating profits.
Medical equipment maker primed to expand in Greenwood
Advantis Medical Inc., a maker of cases and trays for surgical instruments, plans to add more than 100 jobs in Greenwood over the next five years.
Bill could make health workers pay for FBI checks
The bill has the potential to affect more than 250,000 Indiana workers in up to 24 categories of licensed professionals, including doctors, dentists, pharmacists, nurses, chiropractors, hypnotists, dietitians and even veterinarians.
VoCare raises $2.2 million for telehealth device
The local startup expects to raise another $1.3 million this year and launch pilots of a new mobile device connecting patients with doctors.
Lab used by Lilly, peers accused of animal cruelty
An investigation found that lab employees kicked, threw, and dragged dogs; lifted rabbits by their ears and puppies by their throats; violently slammed cats into cages; and exposed animals to toxic chemicals.
Poor economy keeping Wishard project costs down
Contractors starving for work are submitting more competitive bids, which so far has led to about $10 million in savings, hospital official says.
Indiana GOP candidates for U.S. House unanimously pledge to repeal health reform
All nine Republicans—count 'em—have signed a pledge. What is that telling us?
Downtown Clarian project expected to create 1,200 jobs
Neurosciences center and administrative building would employ workers with annual salaries ranging from $27,000 for clerical staff to as high as $104,000 for management.
Endocyte’s $86M IPO plan a boon for Indiana, investors
Venture capitalists in Indiana and nationally have thrown money at the company with abandon. Local investors include CID Capital,
Clarian Health Ventures and the Indiana Future Fund.
St. Vincent seeks growth in transplants
St. Vincent Health is moving aggressively to expand its transplant program in a direct challenge to Clarian Health’s dominance
in the field. The Indianapolis-based hospital system filed in July for permission to conduct pancreas transplants. And down
the road, it’s eyeing liver and maybe even lung transplants.
Lilly Alzheimer’s drug prospect only the latest to fail
A dozen potential products designed to slow or stop clumps of protein from forming in the brain, a condition linked to the
disease since 1906, have failed in mid- to late-stage testing since 2003.
Lilly halts development of Alzheimer’s drug
Studies showed that the treatment did not slow the disease's progression. It's just the latest setback for the pharmaceutical
giant, which lost a patent lawsuit over a major drug last week and faces an unprecedented number of patent expirations through
2014.
Former commerce chief lands at local company
Nate Feltman, former state secretary of commerce, has left his partnership position at Baker & Daniels LLP to become president
of Home Health Depot LLP, a
growing home-medical-equipment supplier.
Wellness-based development would be first of kind here
Satori Pointe is being marketed as a campus where medical offices, fitness-oriented retailers and residents would co-exist.
Lilly loses appeal over patent for cancer drug Gemzar
A U.S. appeals court Wednesday said a lower court was correct to invalidate a patent on the medicine that expires in 2013.
Gemzar generated $1.36 billion in global sales in 2009.
Survey: Many hospital patients in dark about debt-relief options
Marion County survey finds 80 percent of respondents in debt to local hospitals, with about half saying they were never informed
about the availability
of charity care or payment plans.