Former Colts QB Using Tech to Prevent Firefighter Injuries
A young Indianapolis company is looking to help firefighters prevent injuries by treating them like professional athletes. ProTeam Tactical Performance, co-owned by former Indianapolis Colts quarterback Jim Sorgi, uses a new technology it says could...
Data Health Project Aims to Boost Student Performance
A charter school in Indianapolis is using data on visits to the school nurse to improve student academic performance. Paramount Schools of Excellence, which has three campuses on the city's east side, found students who visited the school nurse more...
BASi to Rebrand Part of Its Expanding Business
WEST LAFAYETTE, Ind. -- West Lafayette-based Bioanalytical Systems Inc. (Nasdaq: BASI) has launched a rebranded contract research services business, Inotiv. The company says the rebrand represents the union of several acquisitions it has made over the past two years.
IU to Help FDA Understand Drug Quality Metrics
BLOOMINGTON, Ind. – Indiana University is one of the five institutions to share a nearly $2 million grant from the U.S. Food and Drug Administration to study drug companies’ manufacturing operations. IU is administering the federal contract. The FDA wants to better understand how to employ its quality management resources when inspecting drug companies.
High-Tech Life Sciences Firm to Build in Miami County
Bunker Hill, a town of about 900 people near the Grissom Air Reserve Base in Miami County, has landed a multi-million-dollar life sciences company, which could create up to 40 high paying jobs by the end of 2022. Phoenix-based Arizona Isotopes Research Corp. has announced plans to establish research and production operations in north central Indiana.
Health Information Exchanges to Consolidate
Two health information exchanges in Indiana have announced plans to consolidate, a step they say will help with the electronic sharing of patient data between healthcare providers and reduce costs. Indianapolis-based Indiana Health Information Exchange and South Bend-based Michiana Health Information Network announced their intent to create one statewide HIE, effective January 1.
Regenstrief to Study Music Impact on Delirium
Researchers from Indianapolis-based Regenstrief Institute are joining forces with Minnesota-based Mayo Clinic to determine if music can decrease delirium in older patients who are on mechanical ventilation. The National Institutes of Health awarded a nearly $2 million grant for the music-related research over the next five years. In the first study of its kind, researchers will evaluate the effectiveness of seven days of slow-tempo classical music in reducing delirium, a form of acu...
Carmel-based OB Practice Joins Pennsylvania Group
A 45-doctor obstetric and gynecological practice based in Carmel is joining an even larger multistate practice of healthcare providers. OB/GYN of Indiana says it is joining Pennsylvania-based Axia Women’s Health, one of the nation’s largest independent women’s health groups.
Lilly, Boehringer Ingelheim 'Modernize' Relationship
Indianapolis-based Eli Lilly and Co. (NYSE: LLY) and Germany-based Boehringer Ingelheim have restructured their working relationship with the type 2 diabetes medication empagliflozin, better known as Jardiance. The companies say they have “modernized” their alliance to focus their joint attention on the medication.
Roche Diagnostics Names North American CEO
Roche Diagnostics Corp. has selected Matthew Sause as president and chief executive officer of its North America operations, headquartered in Indianapolis. Sause previously served as senior vice president and head of global commercial product strategy for California-based Gilead Sciences Inc. (Nasdaq: GILD).
NWI Ortho Practice Breaks Ground on New Facility
Crown Point city leaders and executives from Lakeshore Bone & Joint Institute broke ground Thursday on a new orthopedic facility, according to our partners at The Times of Northwest Indiana. The orthopedic practice has been treating patients in northwest Indiana for more than 50 years, mostly in Porter County.
Curvo Labs CEO Calls Funding Round 'Validation'
An Evansville-based tech company has closed on a Series A round of funding. Curvo Labs Inc., which provides a clinical spend management platform designed to help hospital supply chain leaders reduce costs while maintaining quality, raised $2 million in the round led by Snake Run Capital in Florida and Indianapolis-based Elevate Ventures. The company says it will use the funds to expand its leadership team and further develop its product offering. In an interview with...
Lilly Earnings Tick Higher in Q3
Indianapolis-based Eli Lilly and Co. (NYSE: LLY) is reporting third-quarter net income of $1.2 billion, compared to the $1.1 billion during the same period last year. The company says the increase in net income is primarily driven by higher operating income and lower tax expense, partially offset by lower net income from discontinued operations related to Elanco Animal Health.
South Bend Med Foundation Completes Sale of Labs
North Carolina-based LabCorp (NYSE: LH) has completed the acquisition of South Bend Medical Foundation’s clinical laboratory business. The medical foundation announced in July it was selling its clinical testing operations to focus on blood bank services and pathology.
Indy Software Firm Helping Florida Health System
Indianapolis-based medical software firm LifeOmic has developed a partnership with Florida-based healthcare system AdventHealth. LifeOmic's Precision Health Cloud is being used on two health initiatives for the health system to help patients to better understand their health.
Larwill Medical Device Maker to Expand, Add Jobs
A Whitley County-based medical device maker has announced plans to expand its facility in Larwill which should mean new jobs. Red Star Contract Manufacturing Inc. says it will invest $1.6 million in real estate improvements and additional equipment and will create 18 new jobs by 2022.
New Telehealth Clinic in Vincennes
A Vincennes elementary school is the latest in the state to receive a telehealth clinic from Indiana Rural Health Association. Medical personnel at Good Samaritan Hospital will now be able to remotely examine students at Francis Vigo Elementary while they're still at school. The 365 students will gain access to the clinic with prior parent/guardian consent. No student will be denied coverage due to a lack of ability to pay.
Biomedical Firm to Expand in Plainfield
Virginia-based LifeNet Health says it intends to expand its presence in Plainfield with the addition of more than 100 jobs. The biomedical firm says it is investing more than $18 million as it expands in Indiana. LifeNet Health’s 70,000-square-foot biologics logistics center is already operational and currently employs 45 people. The plan is to grow its staff by up to 127 employees by the end of 2023. Elaine Bedel, president of the Indiana Economic Development...
IUPUI ECHO Center Receives Grant
Programs offered at the Richard M. Fairbanks School of Public Health at IUPUI's ECHO Center will receive a boost from an Indiana State Department of Health grant. The three-year, $21 million Centers for Disease Control grant will help with efforts to find and prevent drug overdoses.
Warsaw Company to Expand
Specialized orthopedic instrument supplier Instrumental Machine & Development has announced plans to expand operations in Warsaw. Plans call for adding up to 34 new jobs by 2022. “Today’s announcement is about adding the people, equipment, and floorspace we need to grow alongside our nationwide customers,” said IMD President Todd Speicher,
Pitch Night Win Adds to Tech Startup's Growth
The chief executive officer of Evansville-based SafeKeeping says the tech startup's win last week at the inaugural zWORKS Pitch Night in Zionsville is another step in its growth trajectory. The company, which provides a communication and collaboration platform for long-term care facilities, took the top prize in the competition, which includes a year of office space at the zWORKS coworking space. Doug Wilcox says the startup launched its platform in July 2018 and is working to...
IU Researcher Awarded $3.3M for 'Superbug' Work
An Indiana University microbiologist has been awarded a $3.3 million grant from the National Institutes of Health to look for vulnerabilities in the cell wall of bacterial pathogens, including a well-known "superbug." The "superbug" is responsible for pneumonia, bacterial meningitis, and other diseases.
'Back a Boiler' Gains Interest from Students
The Purdue Research Foundation says a record number of Purdue University students are taking advantage of the Back a Boiler income share agreement program. The program is an alternative way to pay for college and forego relying on Federal Parent PLUS and private student loans.
IU Celebrates Hospital Construction Milestone
A nearly $400 million construction project on the campus of Indiana University was celebrated Tuesday as officials conducted the "topping out" ceremony of the IU Health Regional Academic Health Center in Bloomington. Construction crews placed the final steel beam on the structural frame of the massive health facility.
Survey: Helping Aging Americans Understand Healthcare
A new study commissioned by Indianapolis-based Anthem Inc. (NYSE: ANTM) and the National Association of Area Agencies on Aging shows a vast majority of older Americans believe they are ready to face their growing years, but struggle with understanding the health care system. The survey shows eight out of ten people, age 60 and older, believe they are prepared to age well, but seven out of ten are at least somewhat concerned about their health as they age.
Grant Creates IU Alzheimer's Center
The National Institutes of Health has awarded a $36 million grant to the IU School of Medicine to launch a drug discovery center focused on accelerating the development of treatments for Alzheimer's disease. The center is part of a strategic partnership with the Purdue Institute for Drug Discovery, and IU says the partnership is one of only two multi-institution teams in the country selected for a new federal program designed to grow the drug development pipeline for the disease.
Elanco to Cut 250 Jobs in 'Restructuring'
Greenfield-based Elanco Animal Health Inc. (NYSE: ELAN) has announced plans to eliminate about 250 jobs as part of a restructuring effort. The company said in a news release Monday it expects to see at least $12 million in savings next year as a result of the move. Elanco, which recently marked one year since its Initial Public Offering, says the job cuts are part of actions being implemented to "enhance productivity and drive efficiency. The actions include cuts from...
Rural Telehealth Expands to Northeast Indiana Schools
A growing number of Indiana schools are adding rural telehealth connectivity, the latest being Fremont Community Schools in the northeast corner of the state. The high-tech system allows school nurses or staff with a sick child to connect remotely with a physician or other medical provider.
Work Begins on Zionsville ER/Urgent Care
Noblesville-based Riverview Health has broken ground on the latest of four previously-announced, stand-alone emergency room and urgent care facilities. Hospital and community leaders this week tossed a ceremonial shovel full of dirt at the newest location on Michigan Road in Zionsville.
Rural Telehealth Expands to Greene County Schools
Accessing health care in rural parts of Indiana is often difficult without making a significant investment in time and travel, and that challenge may be even more burdensome at schools in rural counties. That's why more schools in outlying areas are using high-tech equipment to connect with a medical professional.
Most Wired Hospitals in Indiana Ranked
A national association of healthcare information executives has once again honored Fort Wayne-based Parkview Health for its commitment to using advanced technologies in their clinical and business operations. The College of Healthcare Information Management Executives says Parkview is ranked in the 97th percentile of organizations surveyed for the program, earning a “Most Wired” distinction.
Medical Consulting Firm Opens Downtown Indy HQ
A medical consulting startup is celebrating the grand opening of its new downtown Indianapolis headquarters. The Indiana Economic Development Corp. says Expert RN|MD, which provides medical consultation services to law firms and life science companies, is investing $1.7 million in the new location and plans to create up to 21 jobs by the end of 2023. The firm was founded in 2018 and recently renovated the 4,000-square-foot space in the downtown's Wholesale District. In an interview...
Using Data to Lower Indiana Infant Mortality Rate
A nonprofit group that uses medical data and technology to improve healthcare outcomes is targeting the high infant mortality rate in the state of Indiana. The state chapter of the Healthcare Information and Management Systems Society is hosting a competition intended to uncover ways to improve health outcomes for Indiana mothers and infants.
Indy Biotech Firm Wants to Change Rx Delivery
Indianapolis-based Toralgen Inc. says it has raised nearly $2 million in seed funding for what the company calls its transformative drug delivery tool. The biotechnology firm is attempting to commercialize a nanopill system, a microscopic-sized dose of medication, for diabetes control and other diseases.
Franciscan Leading Charge for Crown Point Development
A new development is aimed at transforming the southeast side of Crown Point featuring a new Franciscan Health hospital. The over 500-acre development is expected to bring partners together to include healthcare, medical education, commercial, retail and residential projects, along with a possible new home for Andrean High School.
Federal Funding to Train Healthcare Workers in Geriatrics
A program to equip doctors and other healthcare workers with necessary tools to provide better care and to improve communicating with geriatric patients has received nearly $4 million in federal funding. The grant is earmarked for the Indiana Geriatrics Workforce Enhancement Program, which is run through the Indianapolis-based Regenstrief Institute. This new grant brings total funding from the U.S. Department of Health and Human Services to more than $7 million for the program...
Parkview Health Launches Specialty Pharmacy Program
Fort Wayne-based Parkview Health has launched a specialty pharmacy program to support patients who have complex medication needs, requiring prescriptions that can often reach thousands of dollars. To address those concerns, Parkview says the program will integrate pharmacists and pharmacy liaisons directly into patient care teams.
Business Hall of Fame 2019 Laureates Named
Junior Achievement of Central Indiana announced four 2020 Laureate inductees into the Central Indiana Business Hall of Fame. The hall of fame, according to the organization, "honors outstanding men and women who epitomize personal and professional success, high moral and ethical standards, and dedication to important civic causes, thereby improving the quality of life in our community."
IUPUI Researcher to Study Quality of Life in Cancer Patients
An IUPUI psychologist has been awarded a nearly $2 million grant from the National Cancer Institute for her research to help cancer patients, in advanced stages of the disease, to still find quality of life while accepting the eventual outcome. The university says Professor Catherine Mosher is investigating a novel acceptance-based approach of facing the disease, while fighting the fatigue and other systems seen in late-stage cancer patients.
Whiting Wins Big at AIM Awards
Accelerate Indiana Municipalities awarded dozens of Indiana communities for their efforts to improve their towns and cities through collaboration and development. AIM, formerly known as the Indiana Association of Cities and Towns, held its annual Ideas Summit in French Lick, drawing leaders from across the state...
Aspire Indiana Names New CFO
A longtime healthcare industry finance expert has been hired to be the new Chief Financial Officer at Aspire Indiana/Aspire Indiana Health. Tim Crockett most recently served as CFO of Breckenridge Health in Hardinsburg, KY. and previously held similar roles with University of Louisville Physicians,, Jewish Hospital and St. Mary's HealthCare.
Study: Indiana Among Most Underfunded for Opioids
A new report from the Indianapolis-based Richard M. Fairbanks Foundation says Indiana is receiving less federal funding than it should to help combat the opioid epidemic. The report compares the amount of funding each state has received to the its percentage of opioid-related overdose deaths. The Hoosier state ranks near the bottom of the list; the report says Indiana received nearly $160 million but was still underfunded by more than $175 million.
Groundbreaking on Community Center Near Notre Dame
The University of Notre Dame and South Bend community leaders will break ground Monday on a new community center and gathering place on the city’s near northeast side. The new Robinson Community Learning Center will replace the current facility which stands in the path of the Eddy Street Commons complex, just south of Notre Dame’s campus.
Gas City Startup Helping Hemp Farmers
Last month, it became legal for Hoosier farmers to grow hemp and a Gas City-based startup is being aggressive in being among the first to take advantage of market opportunities. Heartland Harvest Processing is helping farmers connect the new agricultural commodity to consumer products, including CBD. Founder and Chief Marketing Officer Chris Moorman says the first hemp harvest under the new law is expected to begin next month. In an interview with Business of Health...
Healthcare Foundation of La Porte Breaks Ground
The Healthcare Foundation of La Porte has broken ground on its new headquarters, which will include a conference and learning center. The 12,000-square-foot facility will also include incubator space, which the foundation says will allow young nonprofits a chance to remove barriers and allow them to grow.
Scioto Biosciences Receives $2.3M NIH Grant
Indianapolis-based Scioto Biosciences has received a $2.3 million grant from the National Institutes of Health for the company’s research on probiotics, which could lead to a treatment for necrotizing enterocolitis in preterm infants. NEC is a disease that can seriously damage the intestine of premature babies. .
LSC Communications Opens On-Site Healthcare Clinic
Illinois-based LSC Communications (NYSE: LKSD) has opened the company’s first onsite medical facility for employees and their families at its Crawfordsville plant. LSC says the center is part of a company-wide initiative to enhance the wellbeing of employees by providing a holistic approach to wellness.
Lilly Launches 'Innovation Challenge'
Eli Lilly and Co. (NYSE: LLY) has launched what it calls an open innovation challenge asking researchers nationwide to submit innovative digital health solutions to inform inflammatory bowel disease care. The finalist who submits the winning idea will win $50,000.
OrthoWorx Prepares Students for Careers in Orthopedics
Warsaw-based nonprofit OrthoWorx has launched a new talent development event to attract and retain workers to the self-described Orthopedic Capital of the World. RealME, short for Real Manufacturing Experiences, is a one-day program to expose students to possible careers and educational pathways which could help lead to careers in the orthopedic industry in Warsaw.
Alzheimer's Association Awards $1M Grant to Fund Research
The Alzheimer’s Association Greater Indiana Chapter says it is making its largest-ever investment in research with the awarding of a $1 million add-on grant to the Indiana University School of Medicine. The money is specifically earmarked for research on the Longitudinal Early-onset Alzheimer's Disease Study.
Elanco to Acquire Bayer AG Animal Health Business
Greenfield-based Elanco Animal Health Inc. (NYSE: ELAN) has entered into an agreement with Bayer AG (ETR: BAYN) to acquire its animal health business in a deal valued at $7.6 billion. If approved, it would double Elanco’s Companion Animal business and create the second-largest animal health company by revenue. “Joining Elanco and Bayer Animal Health strengthens and accelerates our IPP strategy, transforms our portfolio with the addition of well-known pet brands, brings...
Lt. Gov Awards Hoosier Tourism Honors
The Chairman of the Board for the Cook Group has been awarded Indiana’s top tourism industry award for his many efforts to make Indiana a destination location. Steve Ferguson received the Will Koch Indiana Tourism Leadership Award during a ceremony at the Indiana State Fair.
Community Health Network Forms Partnership
Community Health Network has signed an agreement with Ohio-based CHI Health at Home for a new joint-venture partnership to offer home-based health care in Central Indiana. The new partnership is expected to enhance services and allow an expansion of home care.
Noblesville Company Receives FDA Clearance
Noblesville-based Nexxt Spine LLC has received clearance from the U.S. Food and Drug Administration for its NEXXT MATRIXX Stand Alone Cervical System. The system is a "stand-alone anterior cervical interbody fusion system" intended to be used for treatment of degenerative disc disease.
Report: Elanco, Bayer Deal Could Come Soon
A new report from Bloomberg says an agreement between Greenfield-based Elanco Animal Health Inc. (NYSE: ELAN) and Germany-based Bayer AG could be announced as soon as next week. The news service reported Wednesday the two companies are looking to announce a deal involving Bayer's animal health unit around the time of Elanco's earnings release, which will take place Tuesday. Bloomberg, citing sources who asked to not be identified due to the private nature of the discussions...
Indiana Rural School Clinic Expands
Elementary school students in two southeastern Indiana schools will now receive enhanced access to medical care after new telehealth centers formally opened in Ripley County. The Indiana Rural School Clinic has expanded into Batesville Primary School and Milan Elementary School.
IU Simon Cancer Center Earns Key Designation
The Indiana University Melvin and Bren Simon Cancer Center has received an elite federal designation. The center is now recognized as a National Cancer Institute-Comprehensive Cancer Center, making it the only one of its kind in Indiana and just the 51st in the nation. The IU Simon Cancer Center received an "outstanding" rating by NCI reviewers and has been awarded a five-year, $13.8 million grant to support research programs and shared facilities. IU Health...
Regenstrief Scientist Helping Lead $21M Study
A research scientist with the Regenstrief Institute in Indianapolis and the U.S Department of Veterans Affairs has been chosen to co-lead a national study to find a way to manage chronic lower back pain. The Department of Veterans Affairs is funding the $21 million, 20-site trial.
Hand to Shoulder Center Building Sold
The building housing the Hand to Shoulder Center in Indianapolis has been sold to a joint venture between Texas-based Caddis Partners LLC and a client of Invesco Real Estate in Georgia. The medical office building on the city's north side houses an ambulatory surgery center and also serves as headquarters for 10 other Hand to Shoulder locations in Indianapolis.
IU Health Medical Tops 'Best of' List
Indiana University Health Medical Center in Indianapolis can once again claim bragging rights as the best hospital in the state of Indiana, according to the annual listing by U.S. News & World Report. The publication ranks hospitals nationwide on a state-by-state basis.
eHealth Bringing 500 Jobs to Indianapolis
A California-based private online health insurance exchange has set up operations in Indianapolis. eHealth Inc. (Nasdaq: EHTH) has announced plans to invest more than $10 million to establish its Eastern U.S. Technology and Operations Headquarters in Indy and create up to 500 jobs by the end of 2023. The Indiana Economic Development Corp. says the company has already hired 125 Hoosiers at its new location on the city's north side. eHealth is currently occupying more than...
Eskenazi Health Establishes Fehribach Center
Eskenazi Health in Indianapolis will expand its efforts to increase employment for students with physical disabilities by establishing the Gregory S. Fehribach Center. The announcement coincides with the 29th anniversary of the Americans with Disabilities Act.
FDA Approves Lilly Rescue Treatment for Diabetics
Diabetics at risk for very low blood sugar will soon have a new emergency tool to counter the effects. Indianapolis-based Eli Lilly and Co. (NYSE: LLY) says the U.S. Food and Drug Administration has approved BAQSIMI Nasal Powder, which is used to treat severe hypoglycemia in adults and children with diabetes who are four years and older.
Parkview Health, Ivy Tech Reach Unique Agreement
Parkview Health and Ivy Tech Community College Fort Wayne are teaming up to address a shortage of registered nurses in the area by providing a nursing instructor to Ivy Tech’s School of Nursing beginning this fall. The instructor will be a full-time Ivy Tech Fort Wayne faculty member but the salary and benefits will be paid by Parkview.
New Endowment at Purdue University Northwest
A newly-established endowment at Purdue University Northwest will support nursing students facing financial uncertainty. The Robert Winstown Milos endowment will support nursing students in good academic standing who are facing sudden financial emergencies that may interrupt their studies. Milos made an initial $50,0000 gift and hopes more people will contribute and grow the fund.
New Director Chosen for Regenstrief Institute
A new director has been chosen to lead the Indiana University Center for Aging Research at the Regenstrief Institute. Susan Hickman will be only the second director in the center's history. She is a clinical geropsychologist focused on older adults and their quality of life.
Rebranding Brings Blood Center Into Larger Network
After more than six decades, the Indiana Blood Center has received a new name and is part of a larger Midwest network. Now known as Versiti Blood Center of Indiana, the nonprofit says it will continue to serve the community as it always have. Chris Miskel, chief executive officer of Versiti, says the Indiana chapter will also feed into the organization's larger blood research efforts. In an interview with Business of Health Reporter Kylie Veleta, Miskel said being part of a larger...
Report: Elanco, Bayer in Merger Talks
Just four months after finalizing its split with Eli Lilly and Co. (NYSE: LLY), Greenfield-based Elanco Animal Health Inc. (NYSE: ELAN) is reportedly in talks with Germany-based Bayer over a possible merger with its animal health division. According to Reuters news service, the two companies are working with banks to ensure any merger would receive regulatory approval. Elanco was part of Lilly for six decades until it was spun off into an independent public company last fall.
Jane Pauley Health Center Opens Castleton Location
Officials in Indianapolis have cut the ribbon on the newest location for the Jane Pauley Community Health Center in Indianapolis. The organization has occupied a former Marsh store on the city's northeast side and says the facility will provide family medicine and behavioral health services.
Franciscan Physician Network Begins Construction
Work has begun on the $3M Franciscan Physician Network pediatric facility in Crown Point. The FPN Crown Point Pediatrics Center is currently located on South Court Street, but will move to the new 10,250 square foot location on Indiana Avenue next year.
Anthem Foundation, Food Banks Launch Program
The country's largest domestic hunger-relief organization, Feeding America, is teaming with the Anthem Foundation and food banks across the country to launch the 'Food is Medicine' program. A $1M grant from the foundation will fund a year-long program to allow seven food banks to partner with hospital outpatient clinics to implement universal food insecurity screenings and interventions. Organizers hope to screen 3,000 to 4,000 patients at each location.
Franciscan Health Details Data Breach
Mishawaka-based Franciscan Health is providing details of a data breach. The health system says an internal investigation found one of its employees accessed the protected health information of about 2,200 patients "without a business reason." Franciscan says the vast majority of the affected medical records was limited to demographic information such as name, address, email address, date of birth, phone number, gender, race/ethnicity, the last four digits of...
Good Samaritan Approves Purchase of Former Eye Center
Good Samaritan has agreed to buy the former Clearview Eye Center in Vincennes. The health system's board of governors approved the $1.5 million purchase in a special meeting Thursday morning and announced plans to locate the physical medicine department in the newly-purchased facility.
Zimmer Biomet Announces CFO Succession Plan
Warsaw-based Zimmer Biomet Holdings Inc. (NYSE: ZBH) has announced a succession plan for retiring Executive Vice President and Chief Financial Officer Daniel Florin. He is set to retire on July 1 and the company has announced Suketu Upadhyay has been appointed to succeed Florin. The company says Florin will continue with the company in an advisory capacity to ensure a successful transition.
Purdue Global, Trilogy Health Form Partnership
Purdue University Global is teaming up with Trilogy Health Services to provide an education employee benefit program. Trilogy employees will be able to seek any degree of their choice at no cost to them. Purdue Global students also may accelerate their progress toward a degree by receiving credit for prior work and training experiences.
Demand Drives Hopebridge Expansion
Indianapolis-based Hopebridge LLC is continuing its growth efforts in Indiana. The behavioral health services provider has announced plans to expand with locations in Fishers and Columbus, which are expected to open this summer and create more than 110 jobs. The new locations will bring the company's pediatric autism therapy network in Indiana to 17, with more than 20 additional locations in Ohio, Kentucky and Georgia. In an interview with Inside INdiana Business...
PharmaCord Plans Major Southern Indiana Expansion
A Louisville-based healthcare solutions provider is making a big expansion into Indiana. PharmaCord, which specializes in customized patient support services for the life sciences industry, has announced plans to invest more than $52 million to establish operations in the River Ridge Commerce Center in Jeffersonville and create up to 850 jobs by the end of 2023. The Indiana Economic Development Corp. says the company will initially lease two floors of a building in the...
Indiana Showing Progress in Lowering Opioid Prescriptions
A new report from the American Medical Association suggests Indiana's efforts in the fight against opioids are paying off. The AMA Opioid Task Force 2019 Progress Report shows opioid prescriptions in Indiana have decreased 35.1 percent over the past five years, which is 2 percent higher than the national average. The Indiana Hospital Association and the Indiana State Medical Association say the state's effort to encourage and promote the responsible prescription of opioids among...
Timmy Global Health Names Executive Director
Indianapolis-based Timmy Global Health has selected Nick Reich as executive director. Reich most recently served as vice president of strategic partnerships for RecycleForce in Indy. Timmy is a nonprofit that aims to expand access to healthcare and "empower students and volunteers to tackle today’s most pressing global health challenges," according to its website.
IU Health to Provide Urgent Care for Veterans
Indiana University Health says it has been approved as a Veterans Affairs-authorized urgent care provider. The health system says being part of the VA community care network will allow its six urgent care centers to offer care for veterans without prior authorization. The ability for IU Health to offer the expanded coverage for veterans comes under the Mission Act, which was approved by Congress and signed by President Donald Trump last year. In an interview with...
Anthem Acquires Behavioral Health Provider
Indianapolis-based Anthem Inc. (NYSE: ANTM) has agreed to acquire Beacon Health Options in Boston. Anthem says Beacon is the largest independently-held behavioral health organization in the country, serving more than 36 million people throughout all 50 states. The companies did not disclose a price for the acquisition. Anthem Chief Executive Officer Gail Boudreaux says the deal plays into the insurance provider's goal to focus on "the needs of the whole person."
Goshen Health Donates to Nonprofits
Twenty-one community organizations from in and around Goshen will receive a total of $325,000 in grants from Goshen Health’s Community Benefit Fund. The organizations received their awards at a reception in May at the Arbor Conference Center at Goshen Hospital. The annual grant application process begins in October and grants are awarded in the spring.
Funding Awarded to Fight Opioid Use Disorder
An Indiana mental health organization has received over $1 million to treat opioid use disorders in three Hoosier counties. Valley Oaks Health says the funding will be used to implement an integrated approach to treating opioid use disorders in Tippecanoe, White and Jasper counties.
Grant to Fund Substance Abuse Treatment
A $2.1M grant from the Columbus Regional Health Foundation will fund treatment and recovery programs for substance use disorder in Bartholomew County. The grant is comprised of charitable contributions that have been earmarked for addiction treatment or programs with the greatest need. Columbus Regional Health is using the grant to develop an outpatient treatment program and center, which is slated to open mid-summer.
Eskenazi Announces 'Landmark' Mental Health Gift
The daughter of Sidney and Lois Eskenazi has announced a $5 million gift for Eskenazi Health's mental health services. In honor of the donation, the provider will name its mental health facility in Indianapolis the Sandra Eskenazi Mental Health Center. Sandra Eskenazi had previously donated $5 million to the system's Center for Brain Care Innovation. Her parents, Sidney and Lois Eskenazi, provided the $40 million naming gift to lead the Eskenazi Health Capital Campaign. Indiana...
Eskenazi Receives Grant to Expand Assistance Program
Eskenazi Health has received a $1.3M grant to expand a program aimed at offering better care for people with substance abuse disorders. The grant will specifically be used to expand the Mobile Crisis Assistance Teams program. The teams are comprised of an IMPD officer and an Eskenazi Health Midtown Mental Health clinician who provide a coordinated response aimed at improving treatment outcomes and help people make informed choices.
Indiana Included in Data Breach Judgment
A U.S. District Court judge has signed a consent judgment related to a multi-state lawsuit against a Fort Wayne-based electronic health records company. The suit alleged Medical Informatics Engineering Inc. and NoMoreClipboard LLC sustained a data breach compromising the data of more than 3.9 million people.
IU Health Distribution Center Already Paying Off
Indiana University Health says its new Integrated Service Center in Plainfield is a catalyst for change. The 300,000-square-foot facility allows the health system to provide critical medical supplies to all of its hospitals throughout the state at a discounted price. Dennis Mullins, senior vice president of supply chain operations for IU Health, says the ultimate goal of the facility is to produce savings for the organization through reducing the price for the products, as well as...
Farmer's Fridge Expands to Indianapolis
A Chicago-based company is looking to make fresh, healthy food as convenient in Indianapolis as a candy bar. Farmer’s Fridge has expanded to more than a dozen locations in the Indy market with its "smart fridges" the size of vending machines, which feature a variety of freshly-made products such as salads, bowls and snacks. Rachel Rischall, director of communications for Farmer's Fridge, says the food is made fresh every day and shipped to nearly 300 fridges in...
State Unveils Employer Guidelines For Drug Assistance
Indiana Workforce Recovery has unveiled new guidelines for employers dealing with employees with substance abuse issues. The initiative, a partnership between the Indiana Chamber of Commerce and Wellness Council of Indiana, aims to help employers meet the requirements of Indiana's substance abuse treatment law passed last year. Mike Thibideau, director of Indiana Workforce Recovery, says many businesses do not have a plan to help employees receive assistance for drug or alcohol...
Summit to Focus on Healthcare Workforce
The Bowen Center for Health Workforce Research & Policy at the Indiana University School of Medicine will Tuesday host its annual workforce summit. The event in downtown Indianapolis will bring together a diverse group of people to discuss complex issues surrounding healthcare workforce. Hannah Maxey, director of the Bowen Center, says discussions will focus on workforce supply and demand as well as various policy-related issues.
Covance Plans to Grow Indy Operation
A subsidiary of New Jersey-based Covance Inc. is looking to grow its Indianapolis footprint. Covance Central Laboratory Services Inc. plans to invest nearly $17.5 million to expand its operations on the city's west side and add more than 200 jobs. According to documents filed with the city, the drug development and global contract research company is looking to renovate 20,000-square-feet of existing space into a state-of-the-art trial testing laboratory and construct an...
Reid Health To Acquire Fayette Regional Health System
Reid Health has entered into an agreement to acquire the assets of Fayette Regional Health System of Connersville. The announcement comes after Fayette Regional filed for protection under Chapter 11 in October 2018. Specific terms will be disclosed in the bankruptcy case and will include a $12.75M payment to the bankruptcy estate of Fayette. The deal requires bankruptcy and regulatory approval and is expected to be finalized in mid-July this year.
New Rehab Hospital Coming to Carmel
A specially designed 60,000 square foot rehabilitation hospital is coming to Carmel. Medistar Corporation and Post Acute Medical LLC will develop PAM Rehabilitation Hospital of Indianapolis in the medical corridor along U.S. 31. The 60-bed facility will include a customized unit designed for the treatment of traumatic brain injuries, stroke or neurodegenerative disorders.
WishBone Medical Acquires Plymouth Company
Warsaw-based WishBone Medical has acquired a medical device manufacturer in Marshall County. Financial terms of the deal for Plymouth-based CSpine Inc. are not being disclosed, however a spokesperson for WishBone tells Inside INdiana Business no jobs will be affected.
Chinese National Indicted in Anthem Data Breach
A federal grand jury has indicted a Chinese national on charges related to the 2015 data breach at Indianapolis-based Anthem Inc. (NYSE: ANTM). The U.S. Department of Justice says Fujie Wang and other members of a hacking group operating in China used "extremely sophisticated" techniques to hack into the computer networks of Anthem and three other large, though unnamed, businesses in the United States. Wang, along with another person being identified as...
Elanco Quarterly Profit Narrows
Greenfield-based Elanco Animal Health Inc. (NYSE: ELAN) is reporting first quarter net income of $31.5 million, down from $72.7 million during the same period last year. Despite the drop, Chief Executive Officer Jeff Simmons says the company is seeing improved value through efficiencies and cost savings.
Purdue School Looks to Bridge Nursing Gap
This spring's graduates from the Purdue University School of Nursing is part of the school's effort to address the state's nursing shortage. Last year, the school graduated about 100 students, a number that doubled this year. The university has grown the total number of undergraduates in the school from about 400 to 800 and Associate Professor Nancy Edwards says the decision to grow the school was the result of community partners saying they need more nurses. In an interview...
Spero Health Opens Greenwood Location
Spero Health has opened its second clinic in central Indiana with a new outpatient care facility in Greenwood. The new clinic at 7750 Madison Avenue is expected to meet the needs of an underserved area. Spero Health Central Indiana medical director, Darrin Mangiacarne, will serve as the lead physician in the new clinic. His background focuses on substance use, disorders, treatment and prevention.
Lutheran Health Network Announces Leadership Change
Lutheran Health Network says Mike Poore is stepping down as regional president. In a letter to employees, Poore said, while had had planned to stay longer, the move "is the right decision for me and for my family at this time in our lives." He says he will transition his responsibilities to LHN Chief Executive Officer Mark Medley. Poore was named CEO in 2017 before relinquishing that position in March. He had previously served as vice president of operations...
LifeOmic Launches LIFE Fasting Tracker
Indianapolis-based startup LifeOmic has created an app to help people adopt the practice of intermittent fasting. Don Brown, founder and chief executive officer, says the practice isn’t only for losing weight, but can help participants reduce risk of Alzheimer's disease and Parkinson's. Brown, who previously founded and sold Software Artistry and Interactive Intelligence, says the idea for the LIFE Fasting Tracker came from a cloud platform he used at...
Grant Funds Advanced Hypoglycemia Kits
A Fishers company and a Purdue researcher have received help from a National Institute of Health grant to develop a more advanced, quicker rescue kit to treat hypoglycemia. Current rescue kits require someone to mix a solution in a vial and are cumbersome, and with more than 100 million adults living with diabetes and pre-diabetes, researchers have been looking for better alternatives.
Lilly Reports Higher Profit, Cuts Guidance
Indianapolis-based Eli Lilly and Co. (NYSE: LLY) is reporting net income of $4.2 billion in the first quarter of 2019, compared to $1.2 billion during the same quarter last year. The increase was driven by the spin-off of Elanco Animal Health. The drugmaker has also cut its 2019 revenue guidance to between $22 billion and $22.5 billion, due in part to expected lower revenue for Cialis and other products that have lost patent exclusivity as well as the withdrawal of cancer drug...
Elanco Makes Major Acquisition
Greenfield-based Elanco Animal Health Inc. (NYSE: ELAN) is adding to its portfolio with a major acquisition. The company has announced plans to acquire Kansas-based Aratana Therapeutics (Nasdaq: PETX) in a deal valued at up to $245 million. In conjunction with the acquisition, Elanco has also announced the formation of a commercial team dedicated to the veterinary specialty business. Elanco says the deal would allow it to integrate the Aratana portfolio of pet therapeutics into its...
Trine to Open Expanded Health Sciences Center
Trine University will cut the ribbon Thursday on its expanded Health Sciences Education Center in Fort Wayne. The additional space will house the university's new surgical technology program, which will begin this fall, as well as future programs planned for the Rinker-Ross School of Health Sciences.
Company Says It's 'On Target' in Battle of the Bulge
As Indiana businesses continue to grapple with issues related to employee obesity, an Indianapolis-based company believes it is gaining traction in addressing a condition that by some measures is costing Hoosier companies more than $11 billion in increased insurance costs and lost productivity. On Target Health Chief Executive Officer Todd Foushee says a recently-announced partnership with the Indiana Chamber of Commerce's Wellness Council of Indiana is the latest in a series of...
Hoosier Tech Aims to Boost Firefighter Health
A Bloomington-based company hopes its technology will help more firefighters track a dangerous job hazard. Envisage Technologies operates training and compliance software for first responders throughout the country and last year acquired the cloud-based Exposure Tracker software, which helps firefighters track their exposure to carcinogens on any web-connected device. The software was created by Clive Savacool, a 20-year fire service veteran, who came up with the idea after...
Purdue Touts New Autism Research Center
Purdue University says it will expand community programs, resources, collaborations and faculty members researching autism with the development of its new Purdue Autism Research Center. The center has 20 faculty members from the colleges of Health and Human Sciences, Education, Science and Veterinary Medicine.
Fort Wayne Effort Aims to Reduce Infant Mortality
A new initiative involving more than a dozen local organizations aims to lower the infant mortality rate in Allen County. The group Wednesday launched Footprints Fort Wayne after more than a year of research to determine how to make the greatest impact.
Zotec Partners Announces New Carmel HQ, 300 Jobs
Zotec Partners has broken ground on a new national headquarters in Carmel. The medical revenue cycle management provider plans to invest nearly $47 million into the five-story facility and add up to 300 jobs by the end of 2022. The company, which has about 250 associates in Indiana and 850 nationwide, says the new headquarters will allow for future growth in Indiana for years to come. Plans for the 120,000-square-foot facility include an innovation work center and a training...
Springbuk Begins 'Health Intelligence Tour'
Indianapolis-based Springbuk says it is on a "Health Intelligence Tour" in some of the biggest markets in the United States to showcase expanded offerings. The health technology company says the three-week tour includes stops in New York City, Dallas-Fort Worth and Chicago to unveil the enhancements, which it says "combine data analytics with data science." Springbuk says the platform is designed to give employers access to health data as well as insights on how...
IU Fort Wayne Adding Social Work Degree
Students interested in social work will have a new opportunity at Indiana University Fort Wayne later this year. The university is adding a Bachelor of Social Work degree, with classes beginning in August. The degree will aid students who want to pursue a master's degree in social work by cutting off nearly one-third of the needed academic credit hours and more than 300 hours of field experience needed to attain the graduate social work degree.
IU Grand Challenge Initiative Hires Informatics Officer
The Indiana University Grand Challenge Precision Health Initiative has named Umberto Tachinardi as chief informatics officer. The initiative is led by the Indiana University School of Medicine, and is using a $120 million investment from IU to transform biomedical research and health care innovations.
Hopebridge Growing Again in Georgia
Indianapolis-based Hopebridge Autism Therapy Centers is again growing in Georgia. The provider is opening a clinic in Macon, with plans to ultimately grow its footprint to 11 total centers throughout the state. Hopebridge says the center will create 55 jobs and serve about 50 patients in Macon-Bibb county. The facility will provide diagnostic evaluations as well as occupational, speech and feeding therapy. It will also feature therapy rooms, a mock classroom, a gym, kitchens and...
Aspire Indiana to Upgrade Anderson Health Center
Aspire Indiana Health has announced plans to upgrade its Anderson health center. The reconstruction will result in partial closures for several months, but service will not be disrupted. Work is expected to begin later this month and finished by late summer or early fall. The $1.35 million upgrade plan includes gutting and reconfiguring the interior to support a fully integrated care center, including primary medical, behavioral health, pharmacy and other units.
Job Fair Targeting Kentuckiana Medical Center Workers
WorkOne will Thursday host a Healthcare Sector Job Fair in New Albany in an effort to assist soon-to-be displaced workers from the Kentuckiana Medical Center. The medical center's parent announced earlier this month the facility will close its doors before the end of April.
Startup Day Brings Federal, Local Officials Together
Local, state and federal leaders gathered at the Regenstrief Institute in Indianapolis this week to discuss innovations in healthcare and technology in Indiana. Indiana Startup Day included remarks from Ed Simcox, chief technology officer for the U.S. Department of Health and Human Services and also spotlighted seven Indiana healthcare startups. Brian Dixon, director of public health informatics for the Regenstrief Institute, says the goal of the event was for federal officials...
State to Cut Ribbon on Psychiatric Hospital
State officials will Friday cut the ribbon on the state's first new psychiatric hospital in more than 50 years. Lieutenant Governor Suzanne Crouch and Indiana Family and Social Services Administration Secretary Jennifer Walthall will be on-hand for the grand opening of the $120 million Indiana Neuro-Diagnostic Institute in Indianapolis.
Opioid Strategy Meeting Aims to Empower Employers
The director of Indiana Workforce Recovery says an event today in Indianapolis aims to help businesses assist employees dealing with substance use disorder. Mike Thibideau says the Employer Opioid Strategy Meeting creates an employer-focused conversation with a goal of providing businesses with the tools they need to help employees who need assistance. In an interview with Inside INdiana Business, Thibideau said the first thing employers need to to is make sure they have...
Lilly Seeks Tax Abatement on $90M Project
Indianapolis-based Eli Lilly and Co. (NSYE: LLY) is seeking a nearly $10 million tax abatement for a $90 million project to build and equip a facility to house insulin research and production. A City-County Council committee Monday approved the proposal, with a full council vote set for next week. The company is not committing to any new jobs as part of the project. Lilly says the project will allow it to keep up with peak and backup capacity demands for insulin products.
Lutheran Health Adds to Leadership Team
Fort Wayne-based Lutheran Health Network has announced an expansion of its leadership team. The health system has named Mark Medley market chief executive officer and Natalie Seaber market chief nursing officer. Both appointees will begin their new roles March 18.
IU School of Medicine Partners With Purdue Engineering
The Indiana University School of Medicine is forming a new partnership with the Purdue College of Engineering to gain educational opportunities to improve medical technologies. The two institutions, which have worked together for years, say the new efforts formalize the relationship and represents a commitment to combine expertise.
OrthoPediatrics Loss Widens, Despite Record Revenues
Warsaw-based OrthoPediatrics Corp. (Nasdaq: KIDS) is reporting a full-year net loss of $12 million in 2018, compared to a loss of $8.9 million the previous year. Despite the drop, the pediatric medical device manufacturer says it hit record revenue for the year.
Hoosier Startup Growing in West Lafayette
A West Lafayette-based startup has announced plans to scale its Indiana operations. Pinpoint Pharma, which specializes in custom compounded medication for pets, says it will invest $240,000 in lease, renovate and equip new lab space in the Tippecanoe County city and create up to 27 jobs over the next few years. Pinpoint Pharma is one of the first five Hoosier startups to take part in the gBETA accelerator program. The Indiana Economic Development Corp. says the company...
Lilly Granted Priority Review For Headache Treatment
Indianapolis-based Eli Lilly and CO. (NYSE: LLY) says one of its headache treatments is moving closer to approval. The U.S. Food and Drug Administration has granted Priority Review for a drug to be used for the preventative treatment of episodic cluster headache in adults.
DeKalb Health to Affiliate With Parkview
Two northeast Indiana health systems are teaming up. Auburn-based DeKalb Health and Parkview Health in Fort Wayne have signed a letter of intent to develop a strategic partnership. DeKalb Health says the affiliation will allow for the continued growth of healthcare services in DeKalb County.
Kentuckiana Medical Center to Close
Kansas-based Galichia Hospital Group LLC has announced plans to close the Kentuckiana Medical Center in Clarksville. In a notice to the state, the company says nearly 270 employees will be out of work as a result of the move. Galichia did not provide a reason for the closure.
Spero Health Opens First Indianapolis Clinic
Spero Health has opened its first addiction clinic in Indianapolis. The Indianapolis Spero Health Clinic opened Monday on the northeast side of Indianapolis and will offer addiction treatment services. Spero Health provides care for more than 5,300 in 23 clinics throughout Indiana, Kentucky and Ohio. The Indianapolis location is the third Spero Health clinic in Indiana, with the others in Jeffersonville and Evansville.
Lilly to Roll Out Lower-Priced Insulin
In response to ongoing pressure from Congress regarding the cost of insulin, Indianapolis-based Eli Lilly and Co. (NYSE: LLY) has announced plans to roll out a lower-priced version of its insulin product Humalog. The company says the authorized generic version will have a list price 50 percent lower than the current Humalog price. Lilly says it is working to make Insulin Lispro available in pharmacies "as quickly as possible." It says a single vial will list at...
IU Health Touts 2018 Revenue, Income Gains
Indiana University Health says operating revenue and income increased in 2018 compared to the previous year, thanks in part to larger patient volumes in areas including surgeries and inpatient admissions. However, the system says total earnings declined, citing "investment losses in a year of turbulent financial markets." The provider says operating revenue grew from $6.34 billion in 2017 to $6.43 billion in 2018, while operating income rose 4 percent to $612 million.
Deaconess to Break Ground on Downtown Clinic
Deaconess Clinic will Wednesday break ground on its new downtown Evansville clinic. The facility will be on the Stone Family Center for Health Sciences campus and is expected to be complete in the spring of 2020. Mayor Lloyd Winnecke, economic development representatives and Deaconess leaders are all set to be a part of the 10:30am groundbreaking ceremony. When the clinic was announced in August, Deaconess Chief Executive Officer Shawn McCoy said the project reflects the provider's ...
Lilly Completes $8B Acquisition
Indianapolis-based Eli Lilly and Co. (NYSE: LLY) has completed its $8 billion acquisition of Loxo Oncology Inc. (Nasdaq: LOXO) in Connecticut. Loxo Chief Executive Officer Josh Bilenker says the deal will allow the company to realize the full value of its pipeline of medicines.
IU Health Foundation Exceeds Fundraising Goal
The Indiana University Health Foundation exceeded its fundraising goal by more than 300 percent in its first full year. The foundation raised more than $19 million in 2018, which includes government grant dollars and commitments raised through the foundation.