No 1,000-percent markups at Indy’s hospitals
But hospitals’ list prices in Indiana are more than three times what the federal Medicare program pays.
Life Science & Biotech
Articles
Buying Cigna would give 60 percent of Hoosier health insurance market to Anthem
If Anthem merged with Cigna Corp. it would create a behemoth with even greater negotiating power, which could benefit employers but hurt doctors and hospitals.
If Supremes gut Obamacare’s tax credits, the fixes are easy. But the politics are hard.
The Obama administration could write a new regulation. Congress could pass a short law. States could run a low-cost exchange. But the politics might require all parties to let the tax credits die while they try to pin the blame on the other side.
Biotech with unproven Alzheimer’s drug now worth billions
Axovant Sciences Ltd., a company without a finished product or a dime of sales, has an almost $3 billion valuation after its public-market debut. The IPO shows the staggering potential for any company that can develop a successful Alzheimer’s treatment.
Fate of Eli Lilly’s potential $2B blockbuster insulin hangs on side effects
Lilly’s basal insulin peglispro proved more effective than the $7 billion blockbuster Lantus at controlling diabetics’ blood sugar, but it also had greater effect on patients’ livers and hearts. Analysts are unsure of its future.
State readies $2M ad campaign to show off HIP replacement
The new version of the Healthy Indiana Plan, backed by Obamacare funding, has enrolled 229,000 new participants in four months without breaking stride.
Why Anthem could spend $34 billion to buy health insurer Humana
Wall Street analysts say a purchase of Louisville-based Humana Inc., which reportedly has put itself up for sale, would by Indianapolis-based Anthem. An Anthem-Humana marriage would be the biggest merger in the history of U.S. health insurance.
The top-paid doctors at Indy’s hospitals
It took $394,000 to rank in the top 1 percent of U.S. earners in 2013. And more than 100 of the Indiana contingent in that exclusive club were physicians employed by one of the four major hospital systems that operate in the Indianapolis area.
How Indy’s hospitals kept chugging through that terrible year of 2013
The individual hospital campuses around Indianapolis saw their collective revenue rise 8 percent and their collective operating profits rise 22 percent from from 2011 to 2013. That’s solid, just not stellar, growth.
Health insurers press gas on value-based payments
In Indiana, Anthem has struck accountable care organization deals with 14 health care provider groups and signed up nearly 2,900 primary care providers to its medical home program. And it’s pushing for more in the future.
The price we pay for diabetes
For employer health plans, diabetics generate $10,000 more per year in medical bills than non-diabetics. That means the rise in the prevalence of diabetes over the past 25 years is costing Hoosiers an extra $2.6 billion annually.
Research institute hires CEO, picks HQ
With a CEO hired and a soon-to-be signed lease for office space, the $360 million Indiana Biosciences Research Institute is ready to lift off.
Anthem’s brand suffers small ding from data breach
Anthem Inc.’s brand has taken a noticeable hit since a massive data breach earlier this year, but the impact was blunted by positive perceptions of the way the company handled the breach.
Hoosier hospitals save $22M by sparing patients harm
That’s less than one-tenth of 1 percent of what Hoosiers and their health plans spend on hospital care each year. But it’s a step in the right direction.
Indiana life sciences leaders broaden focus to people
Finding and supporting savvy people might result in more life sciences startups.
Moody’s likes what it sees at Community
Hospital system tripled its profit last year by wooing patients to its physicians, trimming hospital and clinical staff by more than 400. The rating agency Moody’s says things look even better in 2015.
IBJ Life Sciences Power Breakfast transcript
Indianapolis Business Journal gathered leaders in the state’s technology industry for a Power Breakfast panel discussion April 24. Among the topics the panel discussed were startup capital, attracting life sciences professionals and digital trends to watch.
Health Department report: Nurse staffing was short at IU Health Methodist
A Health Department audit found nurse staffing routinely short on two patient units at IU Health’s Methodist hospital, where nurses are trying to organize a union.
Life sciences panel: Indiana making headway but needs more capital
The state has enjoyed success funding and building life sciences companies, and the new Indiana Biosciences Research Institute should give it a further boost, according to panelists Friday at IBJ's Life Sciences Power Breakfast.
Radiologists follow FedEx with flat-rate prices. Is this the future of health care?
To satisfy patients with high-deductible health plans, Northwest Radiology has introduced flat-rate pricing for its imaging scans. It’s a centuries-old concept among postal services, but for health care, it’s revolutionary.