John Russell

Indiana nonprofit hospitals sitting on billions in net assets, legislator says

Sen. Travis Holdman (R-Markle) questioned whether the hospital systems are doing enough to make health care affordable for Hoosiers.... Read More

Community Health to pay another $145M in whistleblower case

The payment includes $6.3 million to Community’s former chief financial officer, Thomas Fischer, who claimed he was fired in 2013 in retaliation for repeatedly asking questions about the large salaries paid to recruit physicians.... Read More

Riley announces new president, its fourth in a decade

David Biggerstaff, who currently serves as chief operating officer for Intermountain Health’s Saint Joseph Hospital in Denver, will start his new job as president of Riley Children’s Health on Feb. 2.... Read More

IU lands $138M grant from Lilly Endowment to fund new biosciences accelerator

Indiana University has landed a $138 million grant from the Lilly Endowment that will fund construction of a state-of-the-art facility to drive advancements and commercialization in biosciences and develop talent in the sector.... Read More

Judge blocks ‘right of first refusal’ law on electric transmission projects

A Carmel-based nonprofit organization that manages the power grid in Indiana and 14 other states is meeting this week to approve electric substation and transmission projects across the central U.S. worth nearly $22 billion.... Read More

Roche data shows simple blood test can help determine if someone has Alzheimer’s

Roche Diagnostics says it has developed blood tests to help rule out a diagnosis of Alzheimer’s disease in the broad population, thus narrowing who might be suffering from the disease.... Read More

Lilly to spend $3B to expand Wisconsin factory

Under pressure to keep up with soaring demand for drug treatments for obesity, diabetes and other diseases, Eli Lilly and Co. is planning a $3 billion expansion of a Wisconsin manufacturing plant that it acquired earlier this year.... Read More

Trial shows Lilly’s Zepbound helps patients lose far more weight than competing drug

Eli Lilly and Co. said Wednesday morning that its weight-loss treatment Zepbound helped patients lose 47% more relative weight than competitor Novo Nordisk’s obesity treatment Wegovy in a head-to-head clinical trial.... Read More

Report: Indiana, U.S., could see closings of more rural hospitals

More than 700 rural hospitals across the U.S., including four in Indiana, are at immediate risk of closing because of serious financial problems they are experiencing, according to a new study.... Read More

Riches and gifts roll on for Lilly Endowment

The Lilly Endowment is writing a flurry of big checks again and recently sold more than $50 million worth of stock in namesake drugmaker Eli Lilly and Co. to fund the gifts, many of them to Indiana organizations. ... Read More