Lilly as an employment destination
Eli Lilly and Co. has experienced a string of setbacks in recent years. Is it still a good place to work?
Health Care
Articles
Lilly reorganization to cut 5,500 positions over 2 years
Eli Lilly and Co. will cut 5,500 jobs by the end of 2011 as it tries to cut $1 billion in expenses before it loses revenue
from its bestselling drug, Zyprexa. Lilly CEO John Lechleiter said he did not know how many of those cuts would occur in central
Indiana. But with
13,600 employees working in the Indianapolis area, he acknowledged the largest chunk of reductions likely would come here.
Study weakens Lilly’s fight against price controls
Eli Lilly and Co. and its peers might be back in Congress’ sights as lawmakers hunt for more ways to cut health care
costs. A new study in the influential Health Affairs journal concludes that European drugmakers operating
in markets with pharmaceutical price controls have produced proportionally more innovations than their U.S. counterparts.
On the hook for bariatric surgery
An Indiana Court of Appeals ruling favoring an obese employee is likely to make employers think twice about hiring
overweight people.
Policyholders could pay more under Obama health plan
If President Barack Obama gets what he wants in his health care plan — covering all Americans and barring insurers from
denying coverage — some analysts say individuals could wind up paying higher premiums.
Medical device developer receives $1M in federal funding
Indianapolis-based FAST Diagnostics, a developer of a method to quickly measure kidney function, announced today that it has
received $1 million in federal funding.
Hall-Render co-founder returns to law firm
A co-founder of Hall Render Killian Heath & Lyman PC is returning to the downtown law firm more than a decade after
he left it. Rex Killian will lead the firm’s governance consulting practice, which serves both not-for-profit
and for-profit health care clients.
Health information exchanges begin sharing medical records
The Indianapolis-based Indiana Health Information Exchange today began sharing electronic medical records with two similar
organizations across a multi-regional network, the group announced this morning.
Pfizer to pay record $2.3B penalty over promotions
Pfizer Inc., the world’s largest drug maker, will pay a record $2.3 billion civil and criminal penalty over unlawful prescription
drug promotions, the Justice Department announced today.
WellPoint CEO defends health insurance business
A health care reform push that aims at the insurance industry misses a much bigger target in its quest to lower rising costs,
WellPoint Inc. CEO Angela Braly said in a speech.
Venture firms recapitalize Advanced Physical Therapy LLC
Locally based venture capital firms Cardinal Equity Partners and Centerfield Capital Partners have joined with Chicago-based
bank Harris NA to recapitalize the state’s largest independent physical therapy provider.
Unvaccinated docs, nurses
How would you feel if the doctor or nurse in charge of your health wasn’t vaccinated for swine flu?
DailyMed sales trim Arcadia losses
Arcadia Resources Inc. narrowed its losses in its most recent quarter as it started to accelerate sales in its highly-touted
DailyMed program, the company said today.
Community Health hires a maverick
Today’s announcement that Community Health Network named Tony Lennen to head its Community Hospital South was a bit
of an eye-opener.
AIT Laboratories leaps up Inc.’s list
The Indianapolis-based forensics, clinical and pharmaceutical testing firm now ranks 598, up from 1,466 a year ago. The list
is based on percentage of revenue growth.
My Health Care Manager looks to grow fast
Indianapolis-based startup My Health Care Manager has signed an agreement with Indianapolis-based
WellPoint Inc. that will eventually put My Health Care Manager’s elder care service in front of the health insurer’s
thousands of employer clients and their workers around the country.
HETRICK: Will we distinguish the faux news from the real?
There was a time, of course, when journalists had the time, space, resources and respect to sort things out for us.
Monarch program persuades young, male workers to care about their health
Indianapolis-based Monarch Beverage is among hundreds of central Indiana companies that
have introduced wellness programs to counteract the rising costs of health insurance and Worker’s Compensation.
HICKS: Health care experts make poor economists
In almost every place that two or more Americans gather, health care is debated. Because the bills before Congress are
inaccessible, the debate has shifted instead to principles such as the role of government and individual freedoms. I think this a healthy thing.
Study: Health reform would be drag on Indiana economy
If one of the more liberal health care reform proposals becomes law, Hoosier taxpayers would have to spend $425 more per
person every year for the next decade, according to a study released Aug. 4 by Florida-based conservative policy group Arduin
Laffer & Moore Econometrics.