IU Health Sees Q1 Operating Loss

Indiana University Health is reporting a first quarter operating loss of $29.8 million. The Indianapolis-based health system says expenses stemming from the COVID-19 pandemic outpaced gains in operating income.... Read More

Jayco Breaks Ground on Health Clinic

Middlebury-based Jayco has broken ground on a health clinic to serve employees utilizing its health plan. Jayco says the clinic will be built on the company's campus with doctors and nurses on staff providing primary care, prescription drugs and wellness coaching.... Read More

Visually Impaired Preschool Services to Open Center

Visually Impaired Preschool Services Indiana will Thursday celebrate the opening of the Simon and Estelle Knoble Family Resource Center near downtown Indianapolis. The nonprofit says the center will be the first physical space in the Hoosier State for children ages birth to three with visual impairments.... Read More

IU Receives $12.5M for Breast Cancer Research

The Indiana University School of Medicine has received a $12.5 million gift from the Vera Bradley Foundation for Breast Cancer in Fort Wayne. IU says the funding will support new immunotherapy research efforts for breast cancer treatment.... Read More

Hospital President: Memorial Expansion Signals Commitment

The president of Memorial Hospital in South Bend says the planned $232 million expansion serves as a signal from parent Beacon Health System’s commitment to the city and its residents. Larry Tracy says when Beacon initiated a master facility plan process in 2019, one option was to build a new hospital in the suburb of Granger in eastern St. Joseph County. In recent years, the health system has built its corporate headquarters, a smaller eight-bed hospital, and a health and fitness center in that community.... Read More

Lilly Donations Provide Medicine for Patients in Kenya

Indianapolis-based Eli Lilly and Co. (NYSE: LLY) has donated more than $66 million in medication over the last two years to help people in western Kenya. Through the Academic Model Providing Access to Healthcare partnership, Lilly says the donated medicines are helping Kenyans living with cancer, diabetes and mental health disorders.... Read More

Indy Pharma Company to be Acquired

Indianapolis-based Acacia Pharma Group will soon be under new ownership. Our partners at the Indianapolis Business Journal report the company is set to be acquired by Eagle Pharmaceuticals Inc. in New Jersey in a deal valued at nearly $104 million. ... Read More

Focus Drives Massive Growth for Noblesville Coffee Company

Noblesville-based Lifeboost Coffee has seen major growth over the past few years. Last month the company was named the No. 1 fastest-growing company in the Midwest by Inc. magazine, and last year, ranked No. 80 on the publication's annual Inc. 5000 list, which ranks the fastest-growing companies in the country. ... Read More

Anthem Ordered to Pay $4.5M in ER Billing Dispute

A federal arbitrator has ordered Indianapolis-based Anthem Inc. (NYSE: ANTM) to pay $4.5 million to a group of 11 Indiana hospitals. Our partners at the Indianapolis Business Journal report Anthem’s policy of denying claims or downgrading reimbursements for ER visits that weren't life-threatening was unlawful and a breach of contract, costing the hospitals millions of dollars.... Read More

Lippert Launches Mobile Care Unit

Elkhart-based Lippert Components Inc. (NYSE: LCII) is expanding its employee health and wellness services. The RV components manufacturer says its mobile care unit will travel to its northern Indiana facilities to provide acute care, chronic disease management, and well-being resources.... Read More

Hospital Guild Donates $1M to Behavioral Health Academy

Indianapolis-based nonprofit Eskenazi Health Foundation has received a $1 million gift from St. Margaret’s Hospital Guild to support the Behavioral Health Academy. The academy, which is a partnership between the Sandra Eskenazi Mental Health Center and local universities, aims to increase the number of dual-licensed clinical social workers and clinical addictions counselors in central Indiana.... Read More

Med-Tech Group to Build HQ in ‘Innovation Mile’

A medical tech group has announced plans to expand its Midwest operations. Innovation One LLC, which is comprised of Certus Medical and Radiological Care Services, says it will invest nearly $13 million to establish its new headquarters in the Innovation Mile business district in Noblesville and create more than 80 full-time jobs.... Read More

Recovery Works Martinsville Now Open

New Jersey-based Pinnacle Treatment Centers is celebrating the opening of its new Martinsville treatment and recovery campus. Pinnacle, which provides substance abuse treatment and recovery services, says the first phase of Recovery Works Martinsville is complete and the center is now admitting patients.... Read More