Airport chair delays vote on medical project, cites Hogsett concerns
Airport authority board Chairman Kelly Flynn sent an email Tuesday evening to other board members, telling them “we need to take a step back” on Athlete’s Business Network’s plan.
Life Science & Biotech
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IU Health boosts minimum wage to $11 an hour
Many employees already made more than the state and national minimum of $7.25 per hour, but the hospital system said it wanted to be proactive. Workers who already made $11 to $12.99 an hour were also given a raise.
Indy firm nabs $15M to expand brain surgery technologies
The new funding builds on the $18 million NICO Corp. has raised from investors since its founding in 2008. The money will help the firm conduct clinical trials, commercialize new products and expand its staff beyond North America.
New life sciences research institute lands $100M donation
The Indiana Biosciences Research Institute, set up just three years ago, announced Wednesday morning that it has been awarded grants of $80 million from the Lilly Endowment and $20 million from the Eli Lilly and Co. Foundation.
IEDC official: Full-court press averted disaster, yielded ‘home run’
Indiana Economic Development Corp. President Jim Schellinger said state officials realized early on that the Dow-DuPont merger could have wiped out some of the best jobs in Indianapolis.
Indy life sciences firm sells for $127 million
Privately-held Biostorage Technologies Inc., which specializes in biological sample storage, has been purchased by a Massachusetts-based firm in one of central Indiana’s largest disclosed-price acquisitions of the past year.
5 things to look for Thursday in Lilly’s earnings
Executives at Eli Lilly and Co. are telling investors the worst is behind the company and only good things await. But the drugmaker still has a few things to prove.
Teen births fall in Indiana, nation
Teen births have fallen to a record low in the United States and dropped sharply in Indiana too, a development that could save taxpayers millions of dollars in public health services and other assistance.
On a mission to shine a light, find important health care stories
The new guy on the beat has a notebook and ideas, but has been around long enough to know the best stories come from readers.
Thank you and farewell
Just as a reminder, this is the end of my run as the voice of The Dose. I’m handing over the blog, starting Friday, to John Russell, IBJ’s new health care reporter.
Once debt-laden, IU Health’s finances in tip-top shape
When CEO Dan Evans relinquishes the reins of Indiana University Health in April, he will hand his successor Dennis Murphy a hospital system with a pristine balance sheet. That’s a big change for IU Health, which when the Great Recession hit was debt-laden and cash-strapped.
There is too much money in unhealthy behavior
I spell out the top 5 reasons, starting with Hoosiers’ poor health, why health care in Indiana is even more messed up than it is around the rest of the country.
Purdue life sciences investment plan grows to $250 million
Purdue University plans to hire 60 faculty members in life sciences-related fields, purchase new research equipment and construct more facilities.
Indy firm hits growth stride with benefits software
Indianapolis-based Healthiest Employer LLC expects its Springbuk software for managing wellness programs to triple its clients, revenue and employees this year.
Deal puts IU doctor’s research on path to market
A professor in the Indiana School of Medicine is hopeful that an antibiotic cocktail he invented will one day improve the lives of millions of people, thanks in part to the Indiana University Research and Technology Corp., formed in 1997 to make work done by IU faculty and researchers available for commercial development.
Indiana health care execs focusing more on IT security
Even excluding the 78.8 million records stolen from health insurer Anthem, the number of patient records stolen from Indiana health care organizations spiraled to 4.3 million from about 69,000 in 2014.
Cash crunch forces large home health agency into bankruptcy protection
Carmel-based Nightingale Home Healthcare Inc., which serves nearly 900 Hoosier patients, filed for Chapter 11 bankruptcy protection and won court approval to borrow $350,000 from its parent company to make payroll.
Lilly could pay $800M-plus in pact with drug-tech firm
The companies will work on coupling therapies from Lilly with technology from Halozyme Therapeutics that helps the body disperse and spread medicine.
Moms in Indy pay 50 percent more for C-sections than in Manhattan
Despite its low cost of living, Indianapolis is among the highest-priced areas for hospital services for patients with private health insurance—and is far more costly than Boston, Chicago, Manhattan and Los Angeles, according to a new study.
Dow’s merger plans with DuPont might hit antitrust roadblock
The proposed merger of Dow Chemical Co. and DuPont Co. would create the world’s largest agricultural-products company. But that’s bad news for farmers, according to some farm groups and antitrust experts.