News & Analysis

IU Health buying docs in hospital ventures

May 23, 2011
J.K. Wall
Indiana University Health is now quietly unwinding the physician ownership of its hospitals in Carmel and Avon—which sparked loud controversy when they opened in 2004 and 2005.
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OrthoIndy looks to loopholes for growth

May 23, 2011
J.K. Wall
OrthoIndy, the physician practice that owns the Indiana Orthopaedic Hospital, was able to open a new outpatient facility this spring by working around growth restrictions in the 2010 health care reform law. But its choices for further growth are much starker—which is why it's lobbying to repeal that provision of the law.
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Q&A

May 23, 2011
J.K. Wall
Bob Brody, CEO of Franciscan St. Francis Health, which operates three hospitals in central Indiana as part of the 13-hospital Franciscan Alliance system, discussed the rationale for its decision to take control of Visiting Nurse Service Inc.
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Lawyers for Marsh Supermarkets can’t depose David Marsh

May 23, 2011
Scott Olson
A federal magistrate ruled in favor of David Marsh in an attempt by lawyers for Marsh Supermarkets to depose him in the company's lawsuit against his father, ex-CEO Don Marsh.
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Indiana companies attracting more VC this year, report says

May 23, 2011
Francesca Jarosz
The $68.6 million invested in Indiana companies through the first quarter comes close to approaching the $79.3 million total that venture capital firms invested in the state in all of 2010.
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Lilly licenses Xigris rights to new biotech firm

May 23, 2011
J.K. Wall
Eli Lilly and Co. has agreed to license the U.S. marketing rights of its slow-selling sepsis drug Xigris to a newly created local biotech company called BioCritica that will seek to reinvigorate sales of the medication.
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Purdue proposes international student fee hikes

May 23, 2011
Associated Press
Under the proposed increases, foreign students enrolling this summer would pay an additional $1,000 on top of 3.8-percent tuition increases for all out-of-state students. Purdue also has proposed a $2,000 fee for 2012-13 academic year.
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Governor's race shaping up to be entertaining

May 23, 2011
Associated Press
Indiana's 2012 gubernatorial race features two strong front runners. Democrat John Gregg is a gregarious and folksy former House Speaker. Republican U.S. Rep. Mike Pence is an outspoken and articulate conservative.
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Straub: Funding cut poses no threat to Super Bowl security

May 23, 2011
Kathleen McLaughlin
The Indianapolis metropolitan area is among 33 nationwide that have been eliminated from a federal Homeland Security grant program for 2011.
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Daniels ends speculation, decides against run for presidency

May 22, 2011
Associated Press
In overnight e-mail to supporters, Indiana Gov. Mitch Daniels cites family considerations as reason he will stay out of race.
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Smoking agency to remain intact within department of health

May 21, 2011
Associated Press
Agency's advocates express relief but say new structure leaves anti-smoking efforts vulnerable to politics.
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Is INDOT bypassing public on planning?Restricted Content

May 21, 2011
Chris O'Malley
Groups that perennially press the Indiana Department of Transportation to broaden its vision of mobility beyond highways now accuse the agency of “significant ineptitude or willful disregard” in eliciting public input.
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Art Center shakeup raising concernsRestricted Content

May 21, 2011
Kathleen McLaughlin
Indianapolis Art Center CEO Carter Wolf is drawing fire from some quarters over a staff shakeup that he says is needed to grow enrollment at the Broad Ripple not-for-profit. But Wolf insists that won't hinder progress.
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ExactTarget stays patient as riches from IPO awaitRestricted Content

May 21, 2011
Greg Andrews
CEO Scott Dorsey says remaining private in the short term allows the company to more easily exploit business opportunities on the horizon.
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Indianapolis entrepreneurs rescue Choc-Ola from oblivion

May 21, 2011
Cory Schouten
The chocolate beverage Choc-Ola, launched in the 1940s and pitched to a generation of fans in the 1970s by Cowboy Bob on WTTV-4, is hitting store shelves again. South-side entrepreneurs Dan Iaria and Joe Wolfla are leading its comeback, landing an 18-state distribution deal.
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New TIF districts could spur urban development

May 21, 2011
Francesca Jarosz
Indianapolis leaders have targeted four core urban areas for renewal, taking steps to create new tax-increment-financing districts to seed economic development there.
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Credit unions gun for more traditional bank business

May 21, 2011
Francesca Jarosz
A push by credit unions for more leeway with small-business lending is fueling an old fight with their banking rivals.
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Regional banks targeting midsize companies in IndianaRestricted Content

May 21, 2011
Scott Olson
Improved economy, loosening credit standards are driving increased lending.
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Hoosiers finally score one of Foot Locker's House of HoopsRestricted Content

May 21, 2011
Cory Schouten
Finish Line's main competitor had bypassed Indianapolis at it chose locations for its concept store that sells Nike-brand basketball shoes and apparel.
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GM winding down operations at local metal-stamping plantRestricted Content

May 21, 2011
More than half of hourly employees have already retired or accepted transfers to other GM facilities.
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Tennis group seeking $3.5M for new downtown venueRestricted Content

May 21, 2011
Anthony Schoettle
Tennis advocates have identified three near-downtown parcels for a new Indianapolis Tennis Center and expect to make a sponsorship announcement soon that could kick-start the development.
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Frozen yogurt hot item on local retail sceneRestricted Content

May 21, 2011
Marc D. Allan
Frozen yogurt businesses are sprouting up all over the Indianapolis area, with owners hoping to cash in on the public’s appetite for what they perceive as a healthy treat.
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Indiana court denies delay in White election case

May 20, 2011
Associated Press
The Indiana Supreme Court says the state recount commission should proceed with reconsidering whether Secretary of State Charlie White was a valid candidate for the office to which he was elected.
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Crime-grant selection enters final round

May 20, 2011
Kathleen McLaughlin
A smaller budget and new selection process for Indianapolis’ crime-prevention grant program has thrown some local not-for-profits for a loop.
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Prices at gas pump painful for most Americans

May 20, 2011
Associated Press
In a poll about the cost of gasoline, 71 percent said rising prices will cause some hardship for them and their family, including 41 percent who called it a "serious" hardship.
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  1. By Mr. Lee's own admission, he basically ran pro-bono ads on the billboard. Paying advertisers didn't want ads on a controversial, ugly billboard that turned off customers. At least one of Mr. Lee's free advertisers dropped out early because they found that Mr. Lee's advertising was having negative impact. So Mr. Lee is disingenous to say the city now owes him for lost revenue. Mr. Lee quickly realized his monstrosity had a dim future and is trying to get the city to bail him out. And that's why the billboard came down so quickly.

  2. Merchants Square is back. The small strip center to the south of 116th is 100% leased, McAlister’s is doing well in the outlot building. The former O’Charleys is leased but is going through permitting with the State and the town of Carmel. Mac Grill is closing all of their Indy locations (not just Merchants) and this will allow for a new restaurant concept to backfill both of their locations. As for the north side of 116th a new dinner movie theater and brewery is under construction to fill most of the vacancy left by Hobby Lobby and Old Navy.

  3. Yes it does have an ethics commission which enforce the law which prohibits 12 specific items. google it

  4. Thanks for reading and replying. If you want to see the differentiation for research, speaking and consulting, check out the spreadsheet I linked to at the bottom of the post; it is broken out exactly that way. I can only include so much detail in a blog post before it becomes something other than a blog post.

  5. 1. There is no allegation of corruption, Marty, to imply otherwise if false. 2. Is the "State Rule" a law? I suspect not. 3. Is Mr. Woodruff obligated via an employment agreement (contractual obligation) to not work with the engineering firm? 4. In many states a right to earn a living will trump non-competes and other contractual obligations, does Mr. Woodruff's personal right to earn a living trump any contractual obligations that might or might not be out there. 5. Lawyers in state government routinely go work for law firms they were formally working with in their regulatory actions. You can see a steady stream to firms like B&D from state government. It would be interesting for IBJ to do a review of current lawyers and find out how their past decisions affected the law firms clients. Since there is a buffer between regulated company and the regulator working for a law firm technically is not in violation of ethics but you have to wonder if decisions were made in favor of certain firms and quid pro quo jobs resulted. Start with the DOI in this review. Very interesting.

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