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Newswires

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Firm aims to nationally distribute brain care innovation

May 19, 2016

Vandagrifft’s company, Preferred Population Health Management, is trying to get hospital systems, health insurers and area agencies on aging to use a set of tools and techniques to help dementia patients and their families- tools that were developed by the medical staff at Eskenazi Health, the Indiana University School of Medicine and the Regenstrief…

Individual Health Insurance Strategy Gains Favor With Small Businesses

May 19, 2016

A year after Amanda Parker ended her small marketing firm’s health insurance plan and instead helped her employees buy insurance on their own, she did a quick calculation of how much money her company saved. Parker, president of Indianapolis- based Collective Alternative, didn’t want to share what that’s meant in dollars. Collective Alternative is one of about…

Deals could bring back fired CEO

May 19, 2016

Jim Burkhart, the ousted CEO of American Senior Communities LLC, could wind up back in the nursing home business- running dozens of the nursing homes his former employer currently operates. Those agreements, called put options, were negotiated by Burkhart- personally, not as CEO of American Senior- with the Health& Hospital Corporation of Marion County.

Anthem Customers Feeling Pain Of ID Theft

May 19, 2016

Twenty-six people who have sued the Indianapolis- based health insurer claim they were victims of fraud, with most saying fraudulent tax returns were filed in their names using information obtained from Anthem. And a third woman received a fraud alert from the ID-theft-protection company hired by Anthem, reporting that her teenage daughter’s Social…

The INTERVIEW issue: Angela Braly: Board Member, Procter & Gamble Co., Lowe’s Cos. Inc.

May 19, 2016

Angela Braly, an attorney by trade, served as CEO of health insurer WellPoint Inc. from 2007 to 2012, when she resigned amid pressure from shareholders. IBJ: I’ll venture a guess that a lot of our readers have been wondering what you’ve been up to the last couple of years and may even be surprised you’re still in Indianapolis. BRALY: Indianapolis is our home and we’ve…

Hospitals rethinking a la carte pricing

May 19, 2016

Indianapolis hospitals have begun to offer joint replacement surgeries to employers and insurers using “bundled prices.” The Indianapolis Orthopaedic Hospital, Franciscan St. Francis Health and Community Health Network all started offering bundled prices in recent years. For instance, Franciscan has had 15 patients choose the package deal in the past two…

ABRY Partners Secures Majority Stake in Dermatology Associates

May 19, 2016

–ABRY Partners, a leading private equity firm, announced that it has entered into a definitive agreement to acquire a majority interest in Oliver Street Dermatology Holdings LLC, one of the largest dermatology practice management organizations in the U.S. and the largest network in Texas, Kansas and Missouri. Headquartered in Dallas, Texas, Dermatology…

Best-states-for-docs ranking puts state 22nd

May 19, 2016

Indiana ranks 22nd among states and the District of Columbia for physicians, measuring such things as mean annual wages for physicians, number of physicians per capita, malpractice awards per capita, cost of malpractice insurance, and whether a state’s medical board is seen as punitive. The top five states, in order, were Mississippi, Iowa, Minnesota, North Dakota…

Estate spat entangles real-estate projects

May 19, 2016

A family dispute over the estate of a well-known heart surgeon and developer in Carmel could delay progress on multiple mixed-use real estate projects in Hamilton and Boone counties. John N. Pittman, who worked as a surgeon and helped establish the cardiovascular program at Indiana University Health’s Methodist Hospital, died Dec. 25,2014, at age 81..

In-Car Data Ready To Rewrite The Rules Of Auto Insurance

May 19, 2016

T vo dozen auto insurers in Indiana already have launched at least small-scale usage-based insurance programs, according to the Indiana Department of Insurance. Liberty Mutual Insurance is piloting a program in Indiana and Michigan that uses a smartphone app to record specific driving habits, such as hard stops, fast acceleration, nighttime driving and…

May 19, 2016

‘Blue’ Brands Could Be Hurdle For Anthem/Cigna

For Anthem to remain eligible to use the Blue Cross and Blue Shield names and symbols, the insurer must make sure it derives at least two-thirds of its health care revenue across the country from its Blue-branded businesses. But buying Cigna will put Anthem out of compliance with those rules, according to an analysis.

New Rx for rehab

May 19, 2016

After a diving accident in 2010 left him paralyzed from the neck down, it took nearly two years and a brief move to Utah for Chris Leeuw to be able to walk and drive again. But NeuroHope is trying to develop a low-cost operation that provides care- including specialized equipment not available in Indiana- for as long as patients need it. Leeuw, who, before his injury, was…

State Farm Denied Retrial Over $14.5M Verdict

May 19, 2016

Joseph Radcliff and his Fishers-based company, Coastal Property Management LLC, alleged defamation against State Farm after the insurer sued Radcliff and his company for racketeering and insurance fraud. The suits were initiated after State Farm received bad press for denying homeowners’ claims for hail damage following a colossal spring storm in…

Feds quiz Indiana over Medicaid applications backlog

May 19, 2016

More than 80,000 Hoosiers had their applications for Medicaid health benefits stuck in a backlog in May, prompting the federal government to launch a special review this month. The Centers for Medicare& Medicaid Services, known as CMS, sent a letter to Indiana officials July 9 expressing concern about the delays. Indiana was one of 13 states to receive the…

WellPoint stock ascends to a record $110 per share

May 19, 2016

Indianapolis- based WellPoint saw its shares close July 9 at $110.87 per share, compared with less than $85 just five months ago. Its rise during that period has been roughly three times faster than the Standard& Poor’s 500 index and faster than all other major health insurers other than Louisville- based Humana, which has enjoyed a 32- percent bump in its stock…

Power of presence

May 19, 2016

That’s what the joint replacement team at Indiana University Health Saxony Hospital has done to make care coordination- a key main strategy in President Obama’s health care reform law for controlling health care spending- a reality. But unprecedented pressures now force all health care providers to follow IU Health’s Saxony’s lead in trying to work more…

CNO Financial Casts Out Former Conseco Demons

May 19, 2016

Think a 116- percent increase in profit last year, and a stock price up nearly 70 percent year-to-date, are a big deal for CNO Financial Group? You remember Conseco Inc., the company created by salesman-extraordinaire Steve Hilbert in the 1980 s that grew to become the nation’s 27th- largest insurer? The Carmel company got debt-heavy and couldn’t be righted even…

Anthem Obamacare plan backs off ‘narrow network’

May 19, 2016

Anthem Blue Cross and Blue Shield has added St. Vincent Health to the “narrow network” of health care providers it uses for Obamacare plans. Before that, the only central Indiana hospital systems that were part of Anthem’s exchange plans were Community Health Network, Eskenazi Health and most of the county-owned hospitals in the Suburban Health Organization.

Anthem Canceling 30,000 Individual Policies In Indiana

May 19, 2016

Anthem Blue Cross and Blue Shield is canceling the policies of about 30,000 Hoosiers and asking them to switch over to new health plans that comply with Obamacare rules. For the past few months, the Indianapolis- based health insurer has been sending out notices to holders of individual insurance policies who renewed their coverage before Dec. 31, 2013.

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