John Russell

Cook Medical invests in California urology-device company

Cook Medical is leading a $24 million investment round to support a San Francisco-based medical-device startup developing a minimally invasive treatment for urinary conditions.... Read More

Colorado business seeks tax abatement on Indy battery storage project

A Colorado energy company is seeking a five-year, $3.6 million tax abatement to build a battery farm in Pike Township in Indianapolis that it says will help stabilize electricity supply and prices during peak demand hours.... Read More

IU Health to cut 100 jobs in systemwide restructuring

The Indianapolis-based hospital system said it is transitioning from six regions to four to improve patient care models and better align with future expansion.... Read More

Elanco buys manufacturing facility in England for $25M

Elanco said the facility has played a vital role in producing a number of farm animal product lines for the firm, representing approximately $160 million to $180 million in annual farm animal revenue.... Read More

Biden administration to adjust Medicare Star Ratings System, report says

The call center scores have been the subject of several lawsuits filed by several health insurers—including Indianapolis-based Elevance Health—and managed care firms in recent months.... Read More

Community Health sues Humana to recover $7.3M in payments for drugs to low-income and uninsured

Community Health said Humana intentionally withheld reimbursement for outpatient prescription drugs provided to Humana’s Medicare Advantage members between Jan. 1, 2018, and Dec. 31, 2022.... Read More

AES Indiana gets OK to convert Petersburg plant from coal to natural gas

Indiana utility regulators on Wednesday approved a sweeping plan by AES Indiana to stop burning coal at its massive Petersburg Generating Station in favor of natural gas, despite opposition from the coal industry and some elected officials.... Read More

Years after fanfare, West Lafayette hospital remains unbuilt

On May 6, 2022, the leaders of Purdue University, Ascension St. Vincent and the city of West Lafayette issued a statement announcing plans to build a “neighborhood hospital” in the Discovery Park District at Purdue. But two years after the groundbreaking...... Read More

Heartland Bioworks names Kristin Eilenberg executive director

Kristin Eilenberg, a veteran of Indiana’s health care and life sciences sectors, has been named executive director of Heartland Bioworks, part of a new federal initiative aimed at boosting innovation and making the country more competitive.... Read More

OrthoIndy and Indiana Hand to Shoulder Center combine orthopedic practices

Two Indianapolis-based orthopedic medical practices are joining forces, creating a combined operation of more than 100 physicians and 1,200 employees with 22 locations across central Indiana. OrthoIndy and Indiana Hand to Shoulder Center have signed...... Read More