newsletter.story

Correction

April 14, 2010

The April 7 issue of IBJ Health Care & Reform Weekly incorrectly stated that Clarian Health no longer plans to have physician investors in the Saxony hospital it is building near Fishers. Clarian is unlikely to have physician investors in the new hospital, but its officials are still evaluating the impact of a new health care law that forbids physician ownership of new hospitals.

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Company news

April 14, 2010

Indianapolis-based Strand Analytical Laboratories LLC sold its paternity and immigration DNA testing unit to Orchid Cellmark Inc., a New Jersey company with annual revenue of $450,000. Financial terms were not disclosed.

Beginning in late June, Eli Lilly and Co. will move all 1,000 employees at its Faris campus on South Meridian Street in Indianapolis to its Lilly Corporate Center complex on McCarty Street. Lilly’s ongoing staff cuts have reduced its need for the Faris space, and the Indianapolis company wants to locate its employees on the same campus as part of a new business structure. The company hired CB Richard Ellis in August to lease the 465,000 square feet on the Faris campus. Lilly first said in October that it would move all 1,000 employees out of the Faris complex. The campus opened in late 2002.

Purdue University has received $14.9 million in federal stimulus funding from the National Institutes of Health to expand its Bindley Bioscience Center for cancer and life sciences research in West Lafayette. Purdue expects to hire 30 to 40 people to conduct federally funded research on animals at the center once the expansion opens in April 2013. The 29,000-square-foot addition will be called the Multidisciplinary Cancer Research Facility at Purdue. Construction is set to begin in August. The Bindley Bioscence Center, located on Purdue’s Discovery Park research campus, opened in 2005. The existing facility is 50,000 square feet.

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Q&A: Jim Parker

April 14, 2010
J.K. Wall
Jim Parker was an executive at Anthem Blue Cross and Blue Shield and WellPoint for 14 years, including a year and a half as chief of staff to CEO Angela Braly. He now is president of his own consulting firm, Meridian Strategic Advisors, in Indianapolis. He spoke about the impact of the new health reform law on health insurers.
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Employers want cake, and to eat it, too

April 13, 2010
J.K. Wall
Employers are still trying to get their arms around what the new health insurance law will mean for them. But on the eve of the law's passage last month, a survey by Indianapolis-based United Benefit Advisors LLC showed employers as a group had no hope the law would reduce their costs but also no coherent plan for reforming the current system.
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Sales/acquisitions

April 13, 2010
Hamilton Center Inc. purchased a 10,000-square-foot office/retail building at 1801 N. Shadeland Ave. The price wasn’t disclosed. The buyer was represented by Ryan Kelly and Jeff Merritt of Summit Realty Group. Bryan Miller of Cassidy Turley represented the seller, William P. Sohn, trustee.
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Correction

April 13, 2010
Shelter Mutual Insurance represented itself in a lease renewal at Prestwick Junction, 5530 E. U.S. Highway 36, Avon. Hokanson Cos. was incorrectly listed as the tenant representative in last week’s Real Estate Weekly.
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Leasing/leasing contracts

April 13, 2010
-The Vineyard Community Church renewed its lease for 20,800 square feet at Two Metroplex, 8383 Craig St. The landlord, Two Metro LLC, and tenant were represented by Ted McClure of McClure Commercial and Industrial Real Estate.

-Los Compadres Supermarket leased 18,000 square feet at Castleton Village, 82nd and Craig streets. The landlord, The Broadbent Co., was represented by Broadbent’s Jeff Roberts. The tenant represented itself.

-The Consultants Consortium Inc. leased 8,074 square feet of office space at Landmark Center, 1099 N. Meridian St. The tenant was represented by Brooke Augustin of NAI Olympia Partners. The landlord, Landmark Ventures LLC, was represented by John Vandenbark of CB Richard Ellis.

-CDC Logistics Inc. leased 6,906 square feet at 4625 W. 86th St. The tenant was represented by Joe Lonnemann and Matt Jackson of Halakar Real Estate. The landlord, North by Northwest AB Biynah LLC, was represented by Michael Weishaar and Todd Vannatta of Cassidy Turley.

-Upscale Resale Gallery leased 3,545 square feet at Raceway Crossing, Rockville and Raceway roads, Avon. The tenant was represented by Jodi Milto of NAI Olympia Partners. The landlord, The Broadbent Co., was represented by Broadbent’s Brian Broadbent.

-Wild Ginger leased 3,200 square feet at Fishers Town Commons, 116th Street and Fishers Pointe Boulevard, Fishers. The tenant was represented by Wayne O’Hara of Sitehawk Retail Real Estate. The landlord, The Broadbent Co., was represented by Broadbent’s Brian Broadbent.

-River of Life Church leased 2,040 square feet at Castleton Marketplace, 8421 Castleton Corner Drive. The landlord, Castleton Square Marketplace LLC, and tenant were represented by Jeff Hubley of Midland Atlantic.

-Donato’s leased 2,000 square feet at 2205 E. Conner St., Noblesville. The landlord, SEG Realty LLC, and tenant were represented by Jeff Hubley of Midland Atlantic.

-Parthenon leased 2,000 square feet at North Willow Commons, 86th Street and Ditch Road. The tenant was represented by Hamada Ibrahim of Urban Space Commercial Properties. The landlord, The Broadbent Co., was represented by Broadbent’s Ray Bunes.

-Marco’s Pizza leased 1,721 square feet at Geist Landing, 11689 Olio Road, Fishers. The tenant was represented by Steve Delaney of Sitehawk Retail Real Estate. The landlord, Geist Landing of Fishers LLC, was represented by Carrie Thrift of Thompson Thrift.

-FileWave USA Inc. leased 1,626 square feet of office space at 10735 Sky Prairie St., Fishers. The landlord, BBQ I LLC, was represented by Darrin L. Boyd and David A. Moore of Cassidy Turley. The tenant represented itself.

-Game Preserve leased 1,600 square feet at Fashion Mall Commons, 86th Street and Union Chapel Road. The tenant was represented by Robyn Smart of CB Richard Ellis. The landlord, The Broadbent Co., was represented by Broadbent’s John Beuoy.

-Fat Atom, an Internet marketing firm, leased 1,600 square of office space at 12 W. Main St., Carmel. The tenant was represented by Graham Summers of Jones Lang LaSalle. The landlord, Breakfast Club LLC, was represented by Tom McHaffie.

-Attorney Gregg S. Gordon leased 1,460 square feet of office space at Fall Creek Harbour Shoppes, 10142 Brooks School Road, Fishers. The landlord, McKinley Inc., and tenant were represented by Cindy Hoskinson and Herb Feldmann of Grubb & Ellis Harding Dahm & Co.

-Beacon Psychology Services LLC leased 1,350 square feet at 11495 N. Pennsylvania St., Carmel. The tenant was represented by Joe Lonnemann and Matt Jackson of Halakar Real Estate. The landlord, Zeller Management Corp., was represented by Zeller’s Tristan Glover.

-American Family Insurance leased 1,334 square feet of office space at Fall Creek Harbour Shoppes, 10142 Brooks School Road, Fishers. The landlord, McKinley Inc., and tenant were represented by Cindy Hoskinson and Herb Feldmann of Grubb & Ellis Harding Dahm & Co.

-Marsha’s Specialty Desserts & Tierney’s Catering leased 600 square feet at 10834 E. U.S. Highway 36, Avon. The tenant was represented by David Simons of Velocity Real Estate. The landlord, R&M Capitol, was represented by Chris Hake and Tony Orlando of Thompson Thrift.
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Housing

April 13, 2010
On a seasonally adjusted basis, the pace of mortgage loan activity decreased 11 percent for the week ended April 2, according to the Mortgage Bankers Association. The rate for 30-year mortgages increased to 5.31 percent from 5.04 percent the previous week.  The rate for 15-year mortgages increased to 4.54 percent from 4.34 percent.
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People

April 13, 2010
Dan Nichols has joined the Greenwood office of Century21Scheetz.
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Construction

April 13, 2010
Boyle Construction Management Inc. has been awarded the general construction contract for the build-out of an 8,000-square-foot office for Kaplan College at 9000 Keystone Crossing. The project, by Packard Design, is scheduled to be completed in June.
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Members: Anthem health plans subpar

April 7, 2010
J.K. Wall
Anthem Blue Cross and Blue Shield of Indiana fell slightly below average for customer satisfaction among scores of health plans, according to a new survey by California-based J.D. Power & Associates.
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People

April 7, 2010

Dr. Joan Temmerman has joined Clarian Bariatrics as the head of its medically supervised weight-loss services. Temmerman is also a certified nutrition specialist.

Clarian Health appointed Dr. Eugene Lammers medical director of palliative care for Methodist Hospital.

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"Schoolhouse Rock Live!"

April 7, 2010

April 12-17
Indianapolis Civic Theatre

No matter where you stood on the health care debate that raged in Washington last month, if you were of a certain age, you heard in your head the voice of Jack Sheldon at some point in the procedural discussion. Sheldon, in case the name doesn’t ring a bell, was the singer/musician who provided the vocals for the “Just a Bill” segment of “Schoolhouse Rock.”
Those 1970s shorts, which used to be featured on Saturday morning TV, taught many of us not just about how laws are made, but also what conjunctions and interjections are and why three is a magic number.
These songs form the basis of this musical, which Indianapolis Civic Theatre is using to launch its new young audiences program. Note that that’s “young audiences,” which doesn’t mean kid casts: The actors and technical crew are some of the same grown-up talent you’d find on Civic’s main stage. Details here.
 

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Melora Hardin

April 7, 2010

April 9-10
Cabaret at the Columbia Club

She’s Jan on “The Office” and Trudy Monk on “Monk,” but Melora Hardin has also sung Fatine in “Les Miserables” at the Hollywood Bowl and played Roxie Hart in “Chicago” on Broadway. Give a listen to her here. Or, better yet, see her live at the Columbia Club.
Hardin will also be offering a masters class, in which participants can sing for her—and receive constructive comments. For details on both events, click here.

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"Body Unbound: Contemporary Couture from the IMA's Collection."

April 7, 2010

April 10 to Jan. 30
Indianapolis Museum of Art

In a new exhibition organized by the IMA (and seen only here), works by designers including Thierry Mugler, Jean-Paul Gaultier and Gianni Versace are seen as art rather than adornment. Details here.

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"Yankee Tavern"

April 7, 2010

April 8 to May 1
Phoenix Theatre

The other shoe drops in the Indiana Repertory Theatre/Phoenix Theatre double bill of Steven Dietz plays. Just as the IRT’s hugely entertaining “Becky’s New Car” ends its journey this weekend, the Phoenix’s “Yankee Tavern” opens.
This one is a thriller involving conspiracy theories minor (was Disney involved in the fall of Communism?) and major (the play is set in a lower Manhattan bar near the Twin Towers). Details here.
 

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Also this week

April 7, 2010

Carrie Underwood, April 9 at Conseco Fieldhouse. Details here.

Jon McLaughlin, April 9 at Bluebird Nightclub in Bloomington. Details here.

Comedians of Chelsea Lately, April 9 at the Murat Egyptian Room. Details here.

Academy of St. Martins in the Field, April 10 at Clowes Hall. Details here.

Randy Travis and Collin Raye, April 11 at the Murat Theatre. Details here.

Straight No Chaser, April 12 at IU Auditorium, Bloomington. Details here.

IU Opera presents “West Side Story,” April 9-17 at the IU Musical Arts Center, Bloomington. Details here.
 

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Leasing/leasing contracts

April 6, 2010
-H&E Equipment Services Inc. leased 23,000 square feet on 3.95 acres at 6435 E. 30th St. The tenant was represented by Stan Elser and Evert Hauser of Grubb & Ellis Harding Dahm & Co. The landlord, E-3 Properties LLC, was represented by Bryan Poynter of Cassidy Turley.

-The Kitchen Physician LLC leased 10,340 square feet at 1730 E. 156th St., Carmel. Greg Witkowski and Chris Black of CB Richard Ellis represented the landlord, the Sepro Corp. The tenant represented itself.

-RBC Capital Markets Corp. leased 7,956 square feet at 8888 Keystone Crossing. The tenant was represented by John Vandenbark and Dan Richardson of CB Richard Ellis. The landlord, Keystone Investors LLC, was represented by John Robinson and Abby Cooper of Jones Lang LaSalle.

-Community Hospitals of Indiana Inc., dba Pendleton Medical Group, leased 4,200 square feet at Huntzinger Shoppes, 1251 Huntzinger Blvd., Suite 100, Pendleton. The tenant was represented by Kurt Meyer of Baseline Commercial Real Estate. The landlord, Huntzinger Shoppes LLC, was represented by Jeff Hubley of Midland Atlantic.

-Bensussen Deutsch & Associates leased 4,271 square feet at 32 E. Washington St. The landlord, Indiana Symphony Society Inc., was represented by David A. Moore and Darrin L. Boyd of Cassidy Turley. The tenant represented itself.

-Milex Complete Auto Care leased 3,744 square feet at Kmart #3260 at 860 U.S. 31 South, Greenwood. Rick Jones of Grubb & Ellis Harding Dahm & Co. represented the tenant and the landlord, Sears Holding Corp.

-Shiel Sexton leased 2,000 square feet at 2112 Early Lane, Franklin. Mike Medlock and Bill Brennan of Grubb & Ellis Harding Dahm & Co. represented the tenant and the landlord, Franklin Group, LLC.

-Kimu Restaurant LLC leased 1,400 square feet at 1280 U.S. 31 North, Greenwood. The landlord, Jones Family Investments LLC, was represented by Kyle Hughes of Veritas Realty LLC. The tenant represented itself.

-Shelter Mutual Insurance renewed its lease for 1,250 square feet of office space at Prestwick Junction, 5530 E. U.S. Highway 36, Avon. The tenant was represented by John Sebree of Hokanson Companies. The landlord, the Weston Group, was represented by Stephen Daum of NAI Olympia Partners.
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Sales/acquisitions

April 6, 2010
Bauer Ventures LLC purchased a 6,400-square-foot office building at 2555 Fairview Place, Greenwood. The price wasn’t disclosed. The buyer was represented by Casey Raker of Re/Max Select. The seller, JMS Investments Inc., was represented by Cathy Richards of Grubb & Ellis Harding Dahm & Co.
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Housing

April 6, 2010
On a seasonally adjusted basis, the pace of mortgage loan activity increased 1.3 percent for the week ended March 26, according to the Mortgage Bankers Association. The rate for 30-year mortgages increased to 5.04 percent from 5.01 the previous week. The rate for 15-year mortgages increased to 4.34 percent from 4.33 percent.
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Amusement park to make splash with coaster

April 5, 2010
A southern Indiana amusement park in May will unveil what it touts as the world's longest water coaster. The $5.5 million Wildebeest ride will open May 14 at Holiday World & Splashin' Safari. The ride will be a third of a mile long and use a conveyor system to take riders up a lift hill before dropping them 38 feet. The ride uses a magnetic field under the slide surface to move the toboggan-style rafts up hills. Park officials say the technology has been used in steel roller coasters in the past.
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Police on lookout for fake NCAA tickets

April 5, 2010
Police are warning college hoops fans about counterfeit tickets on the market for Monday’s NCAA men’s basketball national championship game at Lucas Oil Stadium between Butler University and Duke University. Over the weekend, Indianapolis Metropolitan Police confiscated more than 140 counterfeit tickets from scalpers. One scalper arrested by police had made about $3,500 selling fake tickets before being apprehended.
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Company news

March 31, 2010
Indiana University’s new vice president of research will bring with him a background in neuroscience and cell biology. Jorge José, whose appointment must be approved by IU trustees, comes from a similar position at the University at Buffalo, which is part of the State University of New York system. He will seek to grow IU’s $469 million in annual revenue from research grants and awards. José will replace Robert Schnabel, dean of the IU school of informatics, who has served as interim vice president for research since July 2009. A native of Mexico City, José received his doctorate, as well as master's and bachelor's degrees, in physics from the National Autonomous University of Mexico. His most recent research has been in biological physics, specifically in computational neuroscience and cell biology.

The tanning salon industry took a hit when the health reform bill was passed last week. Salon operators and makers of tanning products think the 10-percent tax on tanning equipment could cause the loss of thousands of jobs nationwide. The impact likely will be felt even harder in central Indiana, where dozens of tanning salons have popped up over the last two decades and where one of the nation’s largest makers of tanning beds and lotions made especially for tanning salons is headquartered. Indianapolis-based ETS LLC, ranked by several industry groups as the top-selling manufacturer of tanning beds and lotions, employs 200 in Indianapolis. “It’s difficult to say how badly this will hurt the tanning industry, but it’s safe to say it will hurt,” said Bill Pipp, CEO of ETS. The new tax takes effect July 1.

The Regenstrief Institute has been awarded a $350,000 stimulus bill contract to help the U.S. Social Security Administration and Indiana health care providers speed decision-making on disability cases. The Institute will begin the work immediately. Applying for physician care as part of Social Security disability benefits can take weeks or months as a patient’s medical information is gathered from numerous hospitals and doctors. This time lag has contributed for years to backlogs in the Administration’s caseload. Regenstrief hopes to tap its medical record sharing system, the Indiana Network for Patient Care, to cut down on the wait. The Social Security Administration awarded similar contracts to 14 other organizations throughout the country.

Six hospitals in Indiana were among the top 100 named this year by Thomson Reuters. Those making the list were St. Vincent’s Carmel and Indianapolis hospital, St. Francis’ Indianapolis hospital, Major Hospital in Shelbyville, Parkview Hospital in Huntington and Community Hospital in Munster. The Thomson Reuters list evaluates hospital performance in 10 areas: mortality, medical complications, patient safety, average length of stay, expenses, profitability, patient satisfaction, adherence to clinical standards of care, and post-discharge mortality and readmission rates for heart attacks, heart failure and pneumonia.

The University of Indianapolis is developing a new on-site nursing degree program for Clarian Health. The goal of the $2.4 million initiative is to help hospital employees move up the career ladder and open up entry level positions for jobseekers displaced by cutbacks in manufacturing and other industries. The funding is part of a federal stimulus package provided by the U.S. Department of Labor through the Indianapolis Private Industry Council. The new Associate of Science in Nursing program, which will be based at Methodist Hospital, will accept 24 students this fall and the following two years.
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People

March 31, 2010
Jason B. Middleton has been appointed director of product and business development for St. Francis Hospital & Health Centers. He will oversee creation of new products and services to offer to physician practices. Middleton was senior practice manager at Solutions Healthcare Management, where he provided managerial and consulting services for St. Francis Medical Group.

Joe Sagorsky has been appointed director of St. Francis Employer Health Solutions. Sagorsky oversees programs linking employers with St. Francis Health Network, which offers a variety of services to improve health plan performance and reduce medical costs. Sagorsky previously worked at Indiana Heart Physicians, which St. Francis acquired in 2009.

Brian Shockney will join Clarian Arnett Health in Lafayette as chief operating officer on May 10. Shockney had been CEO of Logansport Memorial Hospital.

Indiana University Professor Hal E. Broxmeyer, a leading researcher in blood-related diseases, has been named 2010 president of the American Society of Hematology.
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Daniels one of health law's loudest critics

March 31, 2010
J.K. Wall
Indiana Gov. Mitch Daniels is fast becoming critic-in-chief of the health reform law.
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