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.
Life Science & Biotech
Articles
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.
Nursing homes work to ‘rebalance’ Medicaid spending without managed care
State government has long wanted to shift spending on long-term care from nursing homes to home- and community-based care. Now Gov. Mike Pence’s administration is working with nursing homes to make that happen.
DuPont CEO in position to decide fate of Dow Agro
The Dow Chemical-DuPont merger throws into doubt what will happen to the 1,500 people who work at Dow AgroSciences’ Indianapolis headquarters, especially since executives plan $1.3 billion in savings from combining ag units.
Obamacare is growing employer health benefits, not just killing them
Even though some Indianapolis-area employers are dropping their group health plans, others are adding them. Overall, more workers are being offered health insurance by their employers under Obamacare than before the law took effect.
Dow Chemical, DuPont said to be in late-stage merger talks
The transaction would combine two of the most storied names in U.S. industry and create the world’s second-biggest chemical company. What it means for Indianapolis-based Dow Agro is uncertain.
Despite stronger economy, insurers keep up pressure on hospitals, doctors
Anthem touts program saving $9.51 per patient per month—but passes on less than half the savings to hospitals and doctors.
All of a sudden, HIP 2.0 has a cloudy future
Gov. Mike Pence’s expanded version of the Healthy Indiana Plan looked secure after winning approval from the Obama administration in January. But now it faces threats from both liberals and conservatives.
Half of insurers on Indiana Obamacare market are losing money
UnitedHealthcare, MDwise, IU Health Plans and Assurant all disclosed losses during the first nine months of this year on the policies they are selling on the federal marketplace created by the Affordable Care Act.
Looks like business growth is slowing down at Indiana hospitals
Profits and patient visits remain strong at Community Health Network and Indiana University Health, but their Obamacare-fueled growth is decelerating.
Midwest employers are actually spending less on health benefits
New data show that employers trying to duck the Obamacare Cadillac tax and turn their workers into healthier consumers are starting to actually reduce the amount of money per worker they are spending on health benefits.
Indy lawyers lead D.C. coalition chipping away at health care regulations
With regulations on the rise and 25 percent of health care spending going toward administration, lawyers at Hall Render Killian Heath & Lyman are taking aim at some of the most pain-inducing pieces of federal anti-kickback statutes.
City-County Council gives go-ahead to 16 Tech bonds
The City-County Council voted unanimously Monday night to approve $75 million in bonds for infrastructure improvements that should allow development of the 16 Tech innovation district to move forward.
Advantage CEO exits after un-reported losses come to light
Vicki Perry, the longtime CEO of Advantage Health Solutions Inc., has been replaced after a financial review found “significant un-reported losses” at the Indianapolis-based health insurer.
Covering the uninsured brings only a small benefit for the insured
Hospitals have long argued that they pass on the cost of the uninsured to private insurance customers. But a new study shows that’s less than half-true.