August 27, 2012
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Community Physician Network, an arm of Indianapolis-based hospital system Community Health Network, recently hired five physicians. Dr. Anna Edwards, a family practice physician, received her medical training at Indiana University School of Medicine. Dr. Melissa Holt, an obstetrician/gynecologist, received her medical training at State University of New York’s Upstate Medical University in Syracuse, N.Y. Dr. Michael Nader, a family medicine physician, received his medical degree from Kansas City University of Medicine and Biosciences. Dr. Sara Pierce, an OB/GYN physician, received her medical degree from IU medical school. Dr. Derrick Walker, a family physician, completed his medical degree at Cornell Medical College in New York.

Fairbanks, the Indianapolis-based hospital for drug and alcohol addicts, named hospital executive Mark Monson as CEO. He will replace the retiring Helene Cross on Aug. 31. Monson serves as chief operating officer of Beaver Dam Community Hospitals in Wisconsin. Before that, he served as vice president of clinical services operations for Grossmont Hospital in La Mesa, Calif. He began his career in 1980 as a substance abuse counselor. Monson earned a bachelor’s in psychology from the University of Minnesota and a master’s in addiction studies from the University of Arizona.

St. Vincent Medical Group named Dr. Bruce Bethancourt as chief medical officer for the multi-specialty physician group of primary care and specialty health providers. Bethancourt comes to St. Vincent from Arizona-based Banner Medical Group, where he served as chief medical officer of the 650-physician practice. Bethancourt received his medical degree from the University of Arizona College of Medicine.

Dr. Rodney Benner has joined the staff of The Shelbourne Knee Center. The center has two other orthopedic specialists, Dr. Donald Shelbourne and Dr. Scott Urch. Benner did his medical training at IU medical school.


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  1. Cramer agrees...says don't buy it and sell it if you own it! Their "pay to play" cost is this issue. As long as they charge customers, they never will attain the critical mass needed to be a successful on company...Jim Cramer quote.

  2. My responses to some of the comments would include the following: 1. Our offer which included the forgiveness of debt (this is an immediate forgiveness and is not "spread over many years")represents debt that due to a reduction of interest rates in the economy arguably represents consideration together with the cash component of our offer that exceeds the $2.1 million apparently offered by another party. 2. The previous $2.1 million cash offer that was turned down by the CRC would have netted the CRC substantially less than $2.1 million. As a result even in hindsight the CRC was wise in turning down that offer. 3. With regard to "concerned Carmelite's" discussion of the previous financing Pedcor gave up $16.5 million in City debt in addition to the conveyance of the garage (appraised at $13 million)in exchange for the $22.5 million cash and debt obligations. The local media never discussed the $16.5 million in debt that we gave up which would show that we gave $29.5 million in value for the $23.5 million. 4.Pedcor would have been much happier if Brian was still operating his Deli and only made this offer as we believe that we can redevelop the building into something that will be better for the City and City Center where both Pedcor the citizens of Carmel have a large investment. Bruce Cordingley, President, Pedcor

  3. I've been looking for news on Corner Bakery, too, but there doesn't seem to be any info out there. I prefer them over Panera and Paradise so can't wait to see where they'll be!

  4. WGN actually is two channels: 1. WGN Chicago, seen only in Chicago (and parts of Canada) - this station is one of the flagship CW affiliates. 2. WGN America - a nationwide cable channel that doesn't carry any CW programming, and doesn't have local affiliates. (In addition, as WGN is owned by Tribune, just like WTTV, WTTK, and WXIN, I can't imagine they would do anything to help WISH.) In Indianapolis, CW programming is already seen on WTTV 4 and WTTK 29, and when CBS takes over those stations' main channels, the CW will move to a sub channel, such as 4.2 or 4.3 and 29.2 or 29.3. TBS is only a cable channel these days and does not affiliate with local stations. WISH could move the MyNetwork affiliation from WNDY 23 to WISH 8, but I am beginning to think they may prefer to put together their own lineup of syndicated programming instead. While much of it would be "reruns" from broadcast or cable, that's pretty much what the MyNetwork does these days anyway. So since WISH has the choice, they may want to customize their lineup by choosing programs that they feel will garner better ratings in this market.

  5. The Pedcor debt is from the CRC paying ~$23M for the Pedcor's parking garage at City Center that is apprased at $13M. Why did we pay over the top money for a private businesses parking? What did we get out of it? Pedcor got free parking for their apartment and business tenants. Pedcor now gets another building for free that taxpayers have ~$3M tied up in. This is NOT a win win for taxpayers. It is just a win for Pedcor who contributes heavily to the Friends of Jim Brainard. The campaign reports are on the Hamilton County website. http://www2.hamiltoncounty.in.gov/publicdocs/Campaign%20Finance%20Images/defaultfiles.asp?ARG1=Campaign Finance Images&ARG2=/Brainard, Jim