February 12, 2007
BRIAN WILLIAMS Commentary Good legislation to promote good health The newly elected and re-elected men and women of the Indiana
General Assembly will debate and vote on many issues of importance during the 2007 session. One legislative proposal upon
which members of the General Assembly and governor should quickly reach consensus is the proposal put forth in House Bill
1160, authored by Rep. Craig Fry, D-Mishawaka, and Senate Bill 114, authored by Sen. Beverly Gard, R-Greenfield, that would
change the...
More
February 5, 2007
Laura N.Last September, when tragic errors led to the deaths of three infants at Indianapolis' Methodist Hospital, the hospital did
something that, just a few years ago, might have seemed unthinkable: It acknowledged the tragedy and admitted that mistakes
were made. "We are all saddened by this news and our hearts are with this family and all the families who have been affected,"
a hospital spokesman told The Indianapolis Star. Added Methodist President and CEO Sam Odle, "Ultimately, the blame for...
More
February 5, 2007
Scott OlsonA federal law that took effect Jan. 1 requires hospitals and others serving the Medicaid population to teach their employees
how to detect fraud and report it to the government. Medicaid is the joint federal-state program that provides health insurance
coverage to the needy and is prone to abuse. In an effort to reduce abuse, the legislation requires companies that do at least
$5 million annually in Medicaid business to educate all employees and officers on how to spot fraud....
More
February 5, 2007
Scott OlsonDuane Etienne's role as the leader of a local elder-care agency provides him the benefit of knowing how to navigate the intricacies
of the modern medical maze more than most. Yet, the 65-year-old admitted he still had trouble deciphering the fine print on
his parents' insurance policies. "It's just too complicated," said Etienne, president of the local CICOA Aging & In-Home Solutions.
"I work this business every day, and it's complex for me. But I've got people I can go...
More
February 5, 2007
Tom MurphyThere truly is no such thing as a free lunch, or at least that's what Arnett Health-System told drug company sales representatives
last fall. The Lafayette-based system banned meals for doctors that were paid for by the salespeople, but it allowed them
to continue to meet with physicians through appointments. Then that stopped Jan. 1. Now, Arnett also prohibits reps from making
sales calls at its roughly 20 locations in Tippecanoe County and the surrounding area. No more free samples...
More
January 29, 2007
Vincent C.As Hoosiers jump into this new year, it is important that all Indiana health care providers resolve to improve patient safety.
Since health care providers hold the public trust, they have a responsibility to all patients to deliver optimal health care
in a safe environment. Studies show that most medical errors result from "system" errors, not people errors, so our state
must create a culture of safety that encourages our medical professionals to report errors and highlight processes and procedures...
More
January 29, 2007
Bruce HetrickAfter the Indianapolis Colts beat the New England Patriots to win a trip to Super Bowl XLI, my fiancée and I jumped up and
down in the living room and pumped our fists in the air. The cat, who was scared out of his wits, escaped up the stairs. After
a celebratory phone call from my son Zach in Fort Wayne, we threw on our coats and jogged the six blocks from our downtown
home to the RCA Dome, where...
More
January 29, 2007
Scott OlsonLast year was a record-shattering period for the Indianapolis-area merger and acquisition market, thanks in large part to
the loss of one public corporation. Guidant Corp.'s acquisition by Boston Scientific Corp. for $28.4 billion last year and
the related sale of its vascular business to Abbott Laboratories for $4.1 billion made the 2006 Big Deals list bigger than
ever. That's because the two deals made up about 85 percent of the $38.5 billion of M&A activity tracked down by the...
More
January 29, 2007
Scott OlsonA little-known refining and petroleum products company on the city's west side has the distinction of being the only company
in the state to go public in 2006. Calumet Specialty Products Partners LP filed its initial public offering last January.
It completed the process in June by selling 5.7 million shares of stock at $21.50 each, ultimately raising $122.5 million.
Shares since have nearly doubled in value, thanks in part to rising prices in the petroleum industry. While Calumet's decision...
More
January 22, 2007
Tom MurphyThe designers of a pay-for-performance plan for doctors are about to put their theories to work. The Quality Health 1st of
Indiana program will start testing its unique system for measuring performance in the next three months, and it might lead
to bonus payments for doctors by the second half of 2007. Big in-state insurers like M-Plan Inc. and Anthem Blue Cross and
Blue Shield of Indiana back the initiative, and several large doctor groups have signed up, too, said...
More
January 15, 2007
Sue AnneOn a cold and rainy day and wearing only a thin jacket, Maria walked eight miles to get help. She was pregnant and seeking
prenatal care. Her husband had deserted her. The pervasiveness of unemployed and working-poor families presents a growing
challenge. Most are underinsured or have no health insurance at all. That means our charity-care system is stretched to the
maximum. One north-side center that provides care for the uninsured and underinsured has seen a 15-percent increase in patients...
More
January 15, 2007
Jennifer WhitsonState officials are advancing plans to privatize a state-run hospital for the mentally ill and now are looking for a not-for-profit
to build and manage a new facility in Indianapolis.
More
January 8, 2007
Tom MurphyThe youth soccer teams that fill the playing fields near St. Francis Hospital-Indianapolis will take their matches elsewhere
next spring to accommodate another expansion by the burgeoning hospital. St. Francis Hospital and Health Centers wants to
build on 30 acres of land near the south-side hospital and Interstate 65, according to paperwork filed with Marion County.
An acute-care bed tower, medical offices and a cancer center are among the expansion possibilities for the campus, which the
Beech Grove-based hospital system...
More
January 8, 2007
Ed FeigenbaumMost observers assume there will be a confrontation between House Democrats, led by Speaker Pat Bauer, D-South Bend, and Republican
Gov. Mitch Daniels this session. They suggest it's like watching a hockey game and just waiting for a big fight. But confrontation
need not be a synonym for breakdown , and while legislative Democrats and Daniels have some different philosophies about the
role of government, they also have some basic agreements on just what should be accomplished before the end...
More
January 1, 2007
- GregThe year closed with two multibilliondollar buyouts of Indiana public companies-Carmel-based Adesa Inc. and Warsaw-based Biomet
Inc. It was a fitting way to wrap up what was a record year for U.S. buyouts, many of them launched by deep-pocketed private
equity firms. Adesa, an operator of auto auctions, announced Dec. 22 that it will be sold to a group of private-equity investors,
including New York-based Goldman Sachs Group Inc., for $3.7 billion. Four days earlier, Biomet, a maker of orthopedic...
More
December 25, 2006
This has been a strong year for your local business weekly. We take seriously our mission of providing readers with the best,
most in-depth coverage of local business, so it is with a sense of both pride and gratitude that I report on our most successful
year ever. Editor Tom Harton has called 2006 the Year of the Award. This year, IBJ won 18 news awards-eight of them gold-from
three different organizations. Our coverage was recognized nine times by our...
More
December 25, 2006
Cory SchoutenBig changes at the Statehouse, including a shift to Democratic control in the House of Representatives and a leadership switch
in the Senate, mean there are more unknowns and more unpredictability. Meanwhile, top issues such as health insurance, tax
reforms and regulatory changes provide a minefield of concerns for small-business owners. New health insurance mandates could
add to already skyrocketing premiums. New local taxing authority could increase the burden on small businesses. Changes to
the state's regulatory structure could dramatically...
More
December 18, 2006
Tom MurphyA working relationship Clarian Health Partners started in March with Morgan Hospital & Medical Center might evolve into something
much bigger in the new year. Representatives of both systems say they want to strengthen their regional development agreement,
and they count an acquisition of the county-owned hospital by Clarian-the largest hospital system in the state-as one of many
possibilities they might examine. "I think both sides have considered a number of options from clinical affiliations to consolidation,"
Clarian spokesman Jon...
More
December 11, 2006
Tom MurphyStandard Management Corp. stock peaked five days into 2006 at $1.55. It's spent the rest of the year in a free fall that observers
believe will culminate with the company's filing for bankruptcy. The Carmel-based pharmaceuticals distributor reported a $10
million loss in the third quarter, bringing losses for the first nine months of 2006 to $14 million. The red ink, along with
executive turnover and a string of failed acquisitions, has sapped investor confidence. The company's shares, which traded...
More
December 11, 2006
Julie Young1992 was dubbed the "Year of the Woman," when four women were elected to the U.S. Senate, but 2006 may be seen as the beginning
of a new women's political movement, says Marie Wilson, president of The White House Project, a Washington, D.C.-based group
that's working to advance women in political office. Indiana has made some strides, but 85 years after women won the hard-fought
right to vote, the number of women in elected office at the national level hasn't...
More
December 4, 2006
Patrick BarkeyIt's probably not wise to admit this in a family-friendly publication, but one of my favorite comedians always has been George
Carlin. The man has a genius for zooming in on the language we hear and use every day and finding nuances and symbolism that
we never knew was there. Every time I land in an airplane, I have to laugh, because George Carlin reminded us how crazy it
is for the pilot who landed at the same time we...
More
December 4, 2006
Peter SchnitzlerIn his 2007 legislative preview for the Indiana Chamber of Commerce, State Rep. Brian Bosma, R-Indianapolis, opened with a
joke: After a politician's death, he found himself standing before the pearly gates. St. Peter offered the politician a choice
of heaven or hell, prefaced by a brief preview of each. During his visit to hell, the politician was surprised to discover
all his friends there. What's more, it was a terrific place to be-the most fun and raucous party he'd...
More
December 4, 2006
Morton MarcusThis is the best time of the year. Thanksgiving is over and the signs of Christmas have yet to bore us. All the truly crazy
people have identified themselves by shopping on the days immediately following Thanksgiving. New and old ideas are blossoming
for consideration by the Indiana General Assembly. Gov. Mitch Daniels has given us the Commerce Connector, a nifty addition
to our highway road map. This would be a new outer loop around Indianapolis, serving Greenfield, Shelbyville, Franklin...
More
November 27, 2006
Cory SchoutenThey all have high-tech surveillance systems from Greenwood-based American Sentry Guard. The company specializes in building
and distributing "intelligent video" systems capable of linking digital video with other computer-based information, such
as sales transaction records. Clients include schools, banks, casinos, government agencies and small businesses. Founded in
1999 by father-son team Jack and Jeff Brummett, American Sentry has become one of the nation's fastest-growing privately held
companies. This year, Inc. magazine ranked the company 150th on its "Inc. 500" list,...
More
November 27, 2006
Peter SchnitzlerWith $325 million in unclaimed property on hand, Indiana Attorney General Steve Carter has a simple request: Check the Internet
to see if any of it is yours. To make the process as easy as possible, Carter is searching for a vendor to upgrade and host
its clearinghouse Web site www.IndianaUnclaimed.com. The attorney general's goal is to reunite Hoosiers with their cash-and
in the process reduce a significant problem for businesses that need to get unclaimed property off their books....
More
It's also across the street from Fogo de Chao and Morton's....
Yep, the haters are trying to make good news bad. I guess it is hard to get people to believe the series is dying when they are gaining new sponsors.
David Copperfield! I remember watching his specials on TV when I was little.
Don't forget this is next to an MMA gym, a pawn shop, and some abandoned spaces.
Good project for Zionsville - A group who has owned the property for many years has waited and worked patiently to bring highest and best use development to a major corridor, and mix that in with the great downtown you have. Win Win. All the Best to Pittman Partners and Zionsville.