newsletter.story

Housing

November 9, 2010
On a seasonally adjusted basis, the pace of mortgage loan activity fell 5 percent for the week ended Oct. 29, according to the Mortgage Bankers Association. The rate for 30-year mortgages rose to 4.28 percent from 4.25 percent the previous week. The rate for 15-year mortgages decreased to 3.64 percent from 3.67 percent.
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Company news

November 3, 2010

Five Indiana doctors made the list of drug-company favorites in a recent report by New York-based ProPublica. Carmel psychiatrist Chris Bojrab pulled in nearly $160,000, with the lion’s share coming from Indianapolis-based Eli Lilly and Co. and its antidepressant Cymbalta. Lafayette allergist Ketan Sheth was a close second, earning $159,225 from United Kingdom-based GlaxoSmithKline plc. Other doctors on ProPublica’s list: Indianapolis hematologist Maureen A. Cooper, who made $140,000, mostly from Cephalon; Terre Haute endocrinologist Isaiah Pittman, $126,000 mostly from Lilly; and Zionsville family physician Daniel Lynn Shull took home $102,000, nearly all of it from Lilly. After Lilly started disclosing its payments to doctors last year, Bojrab defended the pay for speaking on behalf of drug companies as well-earned. “We’re certainly well-compensated for what we do,” he said, adding that the pay is about 20-percent higher than what he would earn seeing patients. But it also requires a fair bit of work, especially arranging travel details. “It’s not uncommon for me to come home and spend three or four hours a night, just to work out the travel details,” he said. “And it’s not like the work that you had to do goes away.”

St. Francis Hospital & Health Centers has acquired the Immediate Care Centers' four Indianapolis-area locations: 1001 N. Madison Ave., 650 N. Girls School Road, 860 E. 86th St. and 992 N. Mitthoeffer Road. The centers were launched in 1981 by Bloomington-based Unity Physician Group. About 100,000 patients visit the centers each year. St. Francis, whose parent organization is based in Mishawaka, is the fourth-largest hospital system in the Indianapolis area.

A new professional service center on the northwest side of Indianapolis will employ 500 people to support the 70 hospitals operated by St. Louis-based Ascension Health. The Catholic not-for-profit organization is the parent of Indianapolis-based hospital system St. Vincent Health, which operates 19 hospitals around Indiana, including its flaghship campus on West 86th Street. St. Vincent employs more than 13,000 Hoosiers. The $10.9 million center is expected to open next summer and ramp up to peak employment by 2013. To lure the investment, the Indiana Economic Development Corp. offered Ascension up to $5 million in performance-based tax credits and up to $90,000 in training grants based on the company's job-creation plans. Develop Indy and the city of Indianapolis offered Ascension Health infrastructure support and a training grant worth up to $300,000. Develop Indy also will support a property-tax-abatement request before the Metropolitan Development Commission.

Orthopedic implant maker Zimmer Holdings Inc. saw its third-quarter profit climb 27 percent on lower operating expenses. The results beat Wall Street estimates, but Zimmer cut its estimate for revenue growth. The Warsaw-based company reported net income of $191.1 million, or 96 cents per share, up from $149.9 million, or 70 cents per share, a year ago. Sales fell 1 percent to $965 million. Analysts polled by Thomson Reuters expected, on average, earnings of 95 cents per share on $994.7 million in revenue. Zimmer narrowed its full-year profit forecast to a range of $4.24 to $4.29 per share. The company had previously set full-year expectations for profit between $4.15 and $4.35 per share. It also trimmed its estimate of revenue growth on a constant currency basis for the year to 2 percent versus an earlier projection of 3-percent to 5-percent growth.

Indianapolis-based Dow AgroSciences improved revenue during the third quarter, thanks to a 26-percent increase in volume, but it still recorded a loss for the period. The unit of Michigan-based Dow Chemical Co. on Thursday reported revenue of $948 million, up 19 percent from the same period last year, despite lower prices. Quarterly earnings before interest, taxes, depreciation and amortization, however, were a loss of $12 million—compared with a profit of $5 million a year ago. Dow Agro’s selling, general and administrative expenses increased 9 percent during the quarter because of new product launches and commercial activities related to recent seed acquisitions, the company said. Its research and development costs were up 14 percent.

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People

November 3, 2010

TriMedX, a technology-management firm for hospitals, has hired Tom Vorpahl as chief operating officer. For the past eight years, Vorpahl worked at Philips North America, most recently as vice president of sales and business development. Vorpahl holds bachelor's degrees in biology and medical science from the University of Wisconsin. TriMedX is an Indianapolis-based subsidiary of the Ascension Health hospital system.

Batesville-bsed Hill-Rom Holdings Inc. has appointed Mark Guinan chief financial officer, beginning Dec. 13. Guinan is currently chief procurement officer for New Jersey-based Johnson & Johnson. Guinan has an undergraduate degree from the University of Notre Dame and an MBA from the Olin Graduate School of Management at Washington University. Before joining Johnson & Johnson, he worked for Cincinnati-based Procter & Gamble. Guinan succeeds Greg Miller, who has been Hill-Rom's CFO since 2005.

Carmel-based CNO Financial Group Inc. has hired James S. Sawaya as vice president of claims. Sawaya comes from Wisconsin-based HealthEOS by Multiplan Inc., where he served as senior vice president for claim operations, client services, sales and customer service. Sawaya previously worked for UnitedHealthcare and Midwest Security Insurance Cos.

Dr. Charles E. Hughes and Dr. Wayne Lee have joined the St. Francis Medical Group. Their practice, the Indianapolis Institute for Plastic Surgery, is located at 8051 S. Emerson Ave. on the St. Francis Hospital-Indianapolis campus.

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"You Say Tomato, I Say Shut Up: A Love Story"

November 3, 2010

Nov. 6
Arthur M. Glick JCC

Comedian Annabelle Gurwitch, who grew her experience of being fired by Woody Allen into a documentary, book and theater production around the theme, comes to town with a different project. Here, she’s joined by husband Jeff Kahn (a fellow “Huffington Post” blogger who wrote for “The Ben Stiller Show”) for a discussion of their book, which looks at relationships and parenting. It’s part of the Katz Festival of Books, with events happening through Nov. 17. Details here.
 

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Vienna Vegetable Orchestra

November 3, 2010

Nov. 6
Indianapolis Museum of Art

I’m not suggesting that this evening of music will rival the sounds produced by the Indianapolis Symphony Orchestra. On the other hand, the ISO doesn’t create sound from carrots, leeks, eggplant and blenders. See (and hear) for yourself. Details here. As an added bonus, there will be a cookbook swap before and after the concert, which is part of this year’s Spirit & Place Festival, where the theme is “Food for Thought.” For a full schedule, click here.
 

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John Mellencamp

November 3, 2010

Nov. 8 at Clowes Hall

Nov. 11 at Hinkle Fieldhouse

You’ve got two chances to see the Indiana favorite on the first leg of his No Better Than This Tour, with one venue right down the block from the other. If price is an issue, the Clowes show runs $41.50-$125, while the Hinkle gig has tickets from $25 to $90.50. Details here.
 

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"Jingle Rails: The Great Western Adventure."

November 3, 2010

Nov. 6-Jan. 9
Eiteljorg Museum of Americans Indians and Western Art

OK, so it really isn’t a short train ride from Union Station in Indianapolis to Mount Rushmore. But the Eiteljorg Museum is making that trip easier with this new exhibit it hopes will become a holiday tradition. The museum is putting seven ultra-sized, G-scale model trains onto nearly 600 feet of track through the Clowes Sculpture Garden. Landmarks on the journey include Indianapolis and national monuments, all made from natural materials. Details here.
 

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Also this week

November 3, 2010

The Indiana Repertory Theatre continues its season with the World War I-era romance “Mary’s Wedding,” Nov. 3-Dec. 4. Details here.
 
Tokyo String Quartet pops into the Christel DeHaan Fine Arts Center for a Nov. 10 Ensemble Music Society concert between gigs in Austria and Japan.
Details here.
 
For “Savory: Flavorful Songs with Steven Stolen,” the singer has selected music ranging from Leonard Bernstein’s “La Bonne Cuisine” to Hank Williams’ “Hey, Good Lookin’” for a concert of food-related music as part of the Spirit & Place Festival. Nov. 4 at White Rabbit Cabaret. Details here.
 
Actors Theatre of Indiana presents an original revue, “Stardust Memories: The Life and Music of Hoagy Carmichael,” Nov. 4-5 at the Indiana History Center. Details here.
 
Indianapolis Civic Theatre presents “The Belle of Amherst,” a one-woman show about Emily Dickinson, Nov. 4-14. Details here.
 
LA Theatre Works brings its production of “The Real Dr. Strangelove: Edward Teller and the Battle for the H-Bomb” to Loeb Playhouse at Purdue University Nov. 4-5 with a cast that includes John Vickery, the original Scar from Broadway’s “The Lion King.” Details here.
 
A new piece, “Brief Encounters” (set to music by Claude Debussy) anchors this tour by the Paul Taylor Dance Company, coming to Clowes Hall Nov. 5. Details here.
 
Sufjan Stevens performs at Hilbert Circle Theatre Nov. 4. Details here.

Phil Vassar, twice an ASCAP Songwriter of the Year, takes the stage at 8 Seconds Saloon Nov. 5. Details here.
 
Comedian Daniel Tosh offers two shows Nov. 9 at the Murat Theatre at Old National Center. Details here.
 

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Sales/acquisitions

November 2, 2010
Delta Construction Co. bought  a 4,200-square-foot office/retail facility and three-tenths of an acre of land at 6158 Hillside Ave. The price wasn’t disclosed. The buyer and seller, Zions First National Bank, were represented by Harvey Levin, Jim Shook and Jon Hardy of Coldwell Banker Commercial Realty Services.
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Housing

November 2, 2010
On a seasonally adjusted basis, the pace of mortgage loan activity grew 3.2 percent for the week ended Oct. 22, according to the Mortgage Bankers Association. The rate for 30-year mortgages fell to 4.25 percent from 4.34 percent the previous week. The rate for 15-year mortgages decreased to 3.67 percent  from 3.74 percent.
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Leasing/leasing contracts

November 2, 2010
-MailSouth leased 129,600 square feet of industrial space at 7750 W. Morris St. The tenant was represented by Michael Weishaar and Kyle Powell of Cassidy Turley. The landlord, Duke Realty Group, was represented by Duke’s Glenn Davis.

-Roche Diagnostics Operations Inc. leased 88,004 square feet of industrial space at 7988 Centerpoint Drive. The tenant was represented by Drew Augustin and Mike Lubbers of NAI Olympia Partners. The landlord, ING Clarion Partners, was represented by Fritz Kauffman and Bryan Poynter of Cassidy Turley.

-DGP Intelsius LLC leased 13,508 square feet of industrial space at 7696 Zionsville Road in Park 100. The tenant was represented by Fritz Kauffman of Cassidy Turley. The landlord, Northview SPK Ltd., was represented by Chip Barnes of NAI Olympia Partners.

-Consolidated Electrical Distributors Inc. leased 10,000 square feet of industrial space at 5850 Kopetsky Drive in the Gateway South Industrial Park. The tenant was represented by Brian Buschuk of Jones Lang LaSalle. The landlord, Gateway South LLC, was represented by Bill Byram of Cassidy Turley.

-Bedel Financial Consulting leased 5,720 square feet at 3815 River Crossing Parkway, Suite 120. The tenant was represented by Darrell Pike of Pike Real Estate Services LLC. The landlord, Gibraltar Management Inc., was represented by Dan Richardson of CB Richard Ellis.

-St. Jude Enterprises LLC leased 3,109 square feet of office space at 3021 E. 98th St. The tenant was represented by Mike Macri of Ferguson Commercial Real Estate Services. The landlord, BREOF Keystone REO LLC, was represented by David A. Moore and Darrin L. Boyd of Cassidy Turley.

-Fast Signs leased 3,054 square feet at 3915 East 96th St. The tenant was represented by Mike Napariu of REI Real Estate Services. The landlord, PP Indianapolis III Project Corp., was represented by Mark Perlstein of Sitehawk Retail Real Estate.

-The South Bend Chocolate Co. leased 3,000 square feet of industrial space at 8904 Bash St. The tenant was represented by Richard King of Hokanson Cos. The landlord, Westminster Northeast LLC, was represented by Todd Vannatta and Bryan Miller of Cassidy Turley.

-Godfather’s Pizza leased 1,750 square feet at Rockville Shops, 5389 W. Rockville Road. The landlord, Rockville Dynasty LLC, was represented by Liz Yoho of Providence Development. The tenant represented itself.

-SkillStorm Commercial Services LLC leased 1,566 square feet of office space at 8440 Woodfield Crossing Blvd. The tenant was represented by Tom Ferguson of Premier Commercial Real Estate Services. The landlord, Cassidy Turley Midwest Inc., was represented by Darrin L. Boyd and David A. Moore of Cassidy Turley.

-Sagamore Benefits Group Inc. leased 1,546 square feet of office space at 8395 Keystone Crossing in the Keystone Office Centre. The tenant was represented by Paul Dick of Colliers International. The landlord, Sourwine Real Estate Services LLC, was represented by Andrew Martin of Cassidy Turley.

-Bolden Cleaners renewed its 950-square-foot lease at 12 Harbourtown Center, Noblesville. The landlord, Harbourtown Center LLC, was represented by Bill Ernst of Charter Commercial Realty Group. The tenant represented itself.

-Big D’s All American Hot Dogs subleased a 900-square-foot former Taco Bell at 3660 S. East St. The sublessor, Southern Bells Inc., was represented by Craig Ramsay of Sitehawk Retail Real Estate. The sublessee represented itself.
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Company news

October 27, 2010

IU Hospital soon will receive the catchy new name Indiana University Health University Hospital as part of Clarian Health’s 2011 name change to Indiana University Health. Clarian announced new names for all 17 of its hospitals on Tuesday, saying the names would change in early 2011. Methodist Hospital, for example, will be called Indiana University Health Methodist Hospital—at least inside the halls of Clarian’s offices. Outside it? That’s hard to say. The only hospital that won’t get the “IU Health” tag added before its name is Riley Hospital for Children, which will be known as Riley Hospital for Children at Indiana University Health.

A new estimate has lowered the expected cost of the federal health care overhaul to Indiana's state government to perhaps $2.6 billion over the next decade — $1 billion less than an initial projection made last spring, according to the Associated Press. Robert Damler of the Seattle-based actuarial consulting firm Milliman Inc. told the state's Medicaid oversight commission on Monday that new information provided by the federal government will drop the possible costs an additional $330 million. The firm in May had lowered its initial estimate to $2.9 billion. The latest change is because the Centers for Medicare and Medicaid Services in late September changed its interpretation of the law regarding a prescription rebate program. In spite of Democratic criticism, Damler declined to remove an estimated $600 million in costs from the report that could come as a result of increased physician reimbursements.

Analysts think Eli Lilly and Co. may try to acquire its partner, San Diego-based Amylin Pharmaceuticals Inc., or chase companies with more approved products to offset repeated setbacks in bringing its pipeline drugs to market, reported Bloomberg News. From Amylin, Indianapolis-based Lilly would gain full control of the diabetes drug Byetta and a longer-acting version called Bydureon that was delayed last week by U.S. regulators. Another option for Lilly would be to build on its painkiller products, such as Cymbalta, by acquiring Pennsylvania-based Cephalon Inc. or Newark, N.J.-based Endo Pharmaceuticals Inc. By 2013, Lilly loses patents on medicines responsible for nearly half its revenue.

Indianapolis-based Home Health Depot Inc. said on Thursday it has acquired the Home Health Care Products LLC subsidiary of Arcadia Resources Inc., also headquartered here. Terms of the deal were not disclosed. Home Health Care Products sells mobility tools, respiratory devices, bathroom-safety and home-modification products, as well as daily living aids. Home Health Depot was founded in 1998 and purchased by CEO David Hartley in 2004. It has grown from a single office in Greenwood to 12 locations in Indiana and Illinois—increasing annual revenue from $300,000 to more than $6.7 million. The company has more than 100 employees.

OrthoIndy opened a new branch of its Indiana Orthopaedic Hospital in Greenwood. It will serve as a practice location for 21 physicians. Outpatient surgeries will begin in spring 2011. The new location will effectively replace OrthoIndy’s offices at the St. Francis Indianapolis Hospital near Interstate 65 and Emerson Avenue. St. Francis has sued some of the doctors involved in the new OrthoIndy location for breach of contract.

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People

October 27, 2010

Community Health Network named Anne Murphy its vice president of government relations. Murphy, currently the secretary of the Family and Social Services Administration for the state of Indiana, will assume her new role in mid-November. Murphy holds a bachelor’s degree and a law degree from Indiana University in Bloomington.

Dr. Rosanna Sabini has joined Rehabilitation Hospital of Indiana as a physiatrist on the hospital’s traumatic-brain-injury team. Sabini comes from a fellowship at the University of Pittsburgh Medical Center. Sabini received her degree in osteopathic medicine from the New York College of Osteopathic Medicine.

Rhonda L. Anders, a registered nurse, has been appointed director of perioperative services for St. Francis Hospital & Health Centers’ Indianapolis and Beech Grove campuses. She was previously director of medical surgical nursing at St. Francis. Anders holds degrees from Indiana University and Indiana Wesleyan University.

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Housing

October 26, 2010
On a seasonally adjusted basis, the pace of mortgage loan activity fell 10.5 percent for the week ended Oct. 15, according to the Mortgage Bankers Association. The rate for 30-year mortgages increased to 4.34 percent from 4.21 percent the previous week. The rate for 15-year mortgages grew to 3.74 percent from 3.62 percent.
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Sales/acquisitions

October 26, 2010
-Masterpiece Classic Cars LLC bought 27,586 square feet of industrial space at 675 South U.S. 31, Whiteland. The price wasn’t disclosed. The seller, Forty One Corp., an affiliate of Huntington Bank, was represented by Greg Folz and Michael Weishaar of Cassidy Turley. The buyer represented itself.

-Wexford on the Park LP bought former Indianapolis Public School No. 30 at 38 Miley Ave., near West Washington Street and North Belmont Avenue. The price wasn’t disclosed. The buyer was represented by Gary Merritt. The seller, RealtyLink Inc., was represented by Sandra Jarvis of IndySQUARED.
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Leasing/leasing contracts

October 26, 2010
-Stanley Black & Decker Inc. leased 219,968 square feet of industrial space at 501 W. New Road, Greenfield, where it will consolidate plants that operate in Shelbyville and Connecticut. The tenant was represented by Tom Cooler of CB Richard Ellis Indianapolis and Mike McLaughlin of CB Richard Ellis Chicago. The landlord, Cabot II-IN1B02 LLC, was represented by Mark Writt of CB Richard Ellis.

-Citi Trends Inc. leased 13,310 square feet at Twin Aire Plaza, 674 Twin Aire Drive. The tenant was represented by Larry Davis and Tom English of Sitehawk Retail Real Estate. The landlord, MER-CAR Corp., represented itself.

-Family Christian Stores leased 5,000 square feet at Southtown Centre, South Scatterfield Road, Anderson. The tenant was represented by Scott Gray of Sitehawk Retail Real Estate. The landlord, Charles Street Associates LLC, was represented by Paul Nicholson of Central Management.

-Shoe Trend leased 4,420 square feet at Eagledale Plaza, 2802 N. Lafayette Road. The landlord, Sandor Development Co., was represented by Sandor’s Jamison Downs and John Holloway. The tenant represented itself.

-Tratek leased 4,000 square feet at 15335 Endeavor Drive, Noblesville. The tenant was represented by David Ponader and Sam Smith of Colliers International. The landlord, Bullock & Co., was represented by John Hanley of CB Richard Ellis.

-Company Wrench Limited LLC leased a 3,600-square-foot industrial building at 7019 Brookville Road. The tenant was represented by Cameron Kucic of Summit Realty Group. The landlord, Coraz Realty Inc., was represented by Bill Brennan of Lee & Associates.

-Wound Vision LLC leased 3,100 square feet of office space in Fletcher Place Lofts, 410 S. College Ave. The tenant was represented by Matt Jackson of Ambrose Property Group. The landlord, Von Deylen Family LLC, was represented by Sandra Jarvis of IndySQUARED.

-Personal Finance Co. leased 2,500 square feet at Hobby Lobby Plaza, 1804 S. Scatterfield Road, Anderson. The landlord, Sandor Development Co., was represented by Sandor’s Jamison Downs and John Holloway. The tenant represented itself.

-Lewis and Wilkins LLP leased 2,033 square feet of office space in Fletcher Place Terrace, 427 S. College Ave. The tenant was represented by Bryan Augustin of NAI Olympia Partners. The landlord, Deylen Realty Inc., was represented by Sandra Jarvis of IndySQUARED.

-Taylor’s Appraisal Service Inc. leased 1,200 square feet of office space in The Vantage Centre, 720 Executive Park Drive, Greenwood. The tenant was represented by Bruce Richardson of Royal Cos. The landlord, Act III Investments, was represented by Cathy Richards of Lee & Associates.
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"Madea’s Big Happy Family"

October 26, 2010

Oct. 31
Conseco Fieldhouse

You may not hear it from most mainstream theater reviewers (who often ignore his work), but the fact is Tyler Perry may well be the most popular playwright in America. Yes, the guy who dons grandmotherly drag at the movies has proven adept at filling theaters.

Take this musical for instance, which is bypassing such tiny, tiny theaters as Clowes Hall, the Murat and IU Auditorium to, instead, play Conseco Fieldhouse. Nobody short of Cirque du Soleil can pull that off. Attention must be paid—especially if you think commercial theater is dead.

The show concerns a woman who, after finding out she has cancer, takes her family on a vacation. True to form, it includes play-to-the-rafters jokes and raise-those-same-rafters music. Details here.
 

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"Bride of Frankenstein"

October 26, 2010

Oct. 29
Indianapolis Museum of Art

When it comes to black and white horror films from the classic monster era, it gets no better than James Whale’s crazed sequel to the original “Frankenstein.” If you only know Mel Brooks’ “Young Frankenstein” spoof (yes, this is the one with the blind man scene), you might be surprised how witty, well-acted and truly creepy the original is. For the Indianapolis Museum of Art screening, I’ll have the honor of providing the introduction for a film that’s long been a favorite of mine and many other old-school horror devotees. Details here.
 
 

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"Souvenir"

October 26, 2010

Oct. 29-Nov. 14
Cardinal Stage Company at Waldron Arts Center, Bloomington

What do you do when you have no talent but love to sing in front of an audience? If you are socialite Florence Foster Jenkins, you ignore the audiences and critics and bankroll your own music career. Cardinal Stage Company, the professional Bloomington-based up-and-coming troupe, offers the local premiere of this unusual comedy. No word if earplugs will be sold in the lobby. Details here.
 

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Contemporary Circuit Concert

October 26, 2010

Oct. 30
Christel DeHaan Fine Arts Center

The Indianapolis Chamber Orchestra is joined by University of Indianapolis faculty soloists and visiting composer William Bolcom for an evening of new works by Bolcom and others. Details here.
 

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Also this week

October 26, 2010

Broadway in Indianapolis presents the national tour of “Dreamgirls,” Nov. 2-7 at the Murat Theatre. Details here.
 
Gregory Hancock Dance Theatre opens its season with “Once Upon a Time in India,” Oct. 29-30 at the Pike Performing Arts Center. Details here.

Butler University’s Visiting Writers Series continues with novelist/short-story writer Lorrie Moore, Nov. 1 in the Krannert Room of Clowes Hall. Details here.
 
The Phoenix Theatre presents “My Name is Asher Lev,” adapted from the Chaim Potok novel, Oct. 28-Nov. 21. Details here.
 
Dennis Bingham, associate professor of English and director of film studies in the IU School of Liberal Arts at IUPUI and author of the book “Whose Lives Are They Anyway?” discusses “Lives or Lies? The Truth about Biopics,” Oct. 28 at the Indianapolis Museum of Art. Details here.

Guests at this year’s Guilded Leaf Book & Author Luncheon Oct. 28 at the Ritz Charles include author Roy Blount Jr. Details here.

Know No Stranger presents “Optical Popsicle II,” a program of “whimsical entertainments,” Oct. 29-30 at the Athenaeum. Details (and a very fun list of discounts—including one for wearing a turtleneck) here.
 

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Company news

October 20, 2010

Clarian Health Plans will add rival Community Health Network to its list of providers approved for Clarian’s Medicare Advantage customers. Beginning Jan. 1, Clarian’s health plan customers are approved to see one of Community’s 700 physicians or receive care at one of its five Indianapolis-area hospitals. Clarian Health Plans, started in 2008 as a subsidiary of the Clarian Health hospital system, administers a Medicare Advantage plan in 32 Indiana counties.

Biomet Inc. narrowed its loss in the three months ended Aug. 31 as sales rose everywhere but in Europe. The Warsaw-based maker of orthopedic implants lost $18 million in its fiscal first quarter, down from a loss of $23 million in the same quarter a year ago. Excluding special accounting charges, the company would have turned a quarterly profit of $51 million, a 3-percent increase over the same quarter last year, when special charges also were excluded. Biomet’s total sales for the quarter rose 2 percent to $641 million, with a 5-percent advance in the United State and an 11-percent rise in international markets outside Europe. Sales in Europe fell 11 percent.

Lt. Gov. Becky Skillman and the Indiana Rural Health Association launched the Indiana Telehealth Network last week, a $7 million project that will connect 22 rural Indiana hospitals with fiber-optic broadband communication lines. The network is designed to grow the use of telemedicine, where patients in remote areas could have online consultations with specialty physicians in more populous areas. The Federal Communications Commission will fund 85 percent of the project, with local funds providing the balance. The hospitals in the network are in such towns as Monticello, Tipton, Boonville and Greencastle. Indianapolis-based Clarian Health and Community Health Network will also be connected to the rural hospitals.

INphoton Inc. and two researchers at the Indiana University School of Medicine have received a $1 million Small Business Technology Transfer grant to commercialize its imaging services for pharmaceutical and life sciences companies. INphoton uses powerful light miscroscopes to analyze and produce 3-D images of activities in living cells within the human body. INphoton is led by former Eli Lilly and Co. executive Steve Plump.

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People

October 20, 2010

Dr. Tamara Hannon has joined Riley Hospital for Children as a pediatric endocrinologist. Hannon is returning to her native Indiana from the Children’s Hospital of Pittsburgh and the University of Pittsburgh Medical Center.

Dr. Helmut Hanenberg has joined Riley Hospital for Children as a pediatric hematologist. Hanenberg, a native of Germany, focuses his research on inherited bone-marrow-failure syndromes and their link to hereditary cancers.

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"The Seasons Project"

October 20, 2010

Oct. 23
Loeb Playhouse, West Lafayette

Speaking of seasons, Vivaldi’s “The Four Seasons” is paired with “The American Violin Concerto no. 2,” by Philip Glass, in this performance by the Venice Baroque Orchestra. Robert McDuffie, who commissioned the latter piece, is the featured violin soloist. Details here.
 

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Frankie Valli and the Four Seasons

October 20, 2010

Oct. 21
Murat Theatre at Old National Centre


Long before there was the Broadway bio-show “Jersey Boys,” there was Frankie Valli and the Four Seasons. And while the stage musical left town months ago, the “Walk Like a Man” man himself will be playing the same theater that hosted his Broadway counterpart. Details here.
 

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  1. Uh, sorry Johnnie, but you are incorrect. Despite the assertions by yourself and various defenders and captains, sports attendance is NOT off significantly at most sporting events in the US. Variances in attendance has been in the range of single digits, both + & - for years now. MLB has had most of its best overall attendance nubers in the last decade, and that trend has been consistent for most major sporting events. The number one issue cited by most fans when asked about attendance is the overall cost of attending. The presence of HD and big screen televisions in home doesn't even register, as a factor for not attending an event. VALUE in the product is the key, and apparently is something lacking in the current ICS. What other explanation is there when with what is routinely touted as the "best" racing on the planet, fans are staying away in DROVES. A "close" title battle into the last event at Fontana, with the "cars and stars" of the ICS, and who showed up? MAYBE 8K. Sorry, but HD TV isn't to blame for that kind of fan apathy.

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