Indianapolis Business Journal

FEBRUARY 1-7, 2016

One of Indiana’s largest home health care providers is fighting for its life after the federal agency that operates Medicare tried to cut off funding for allegedly putting patients in danger. J.K. Wall reports on Nightingale Home Healthcare’s appeal. Also in this week’s issue, Lindsey Erdody explains how Carmel is trying to pave the way for more urban-style development in its core, potentially cramping the historic style of its Old Town neighborhood. And in A&E, Lou Harry digs into the Great American Songbook Archives & Library at the Palladium.

Front PageBack to Top


Feds want to cut off funding for Carmel home health firm

Carmel-based Nightingale Home Healthcare Inc. is trying to keep from being kicked out of the federal Medicare program for allegedly putting patients in “immediate jeopardy,” according to documents in a bankruptcy reorganization case the company filed in December.

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Two downtown towers soon up for sale

The Chase Tower, the state’s largest office building, might fetch more than $200 million—a price driven up by a nearly finalized deal that would boost sagging occupancy.

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Not everyone in tech wants venture cash

It’s immensely difficult for tech firms to quickly build and sell technology software or hardware without a sizable venture war chest. Nevertheless, at least a few central Indiana firms have managed to grow at a healthy pace without trading equity stakes for cash.

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Top StoriesBack to Top


Tax break in works for struggling farmers

Farmers across Indiana would get a big property tax cut under legislation moving through the General Assembly that would reduce their assessed land values an estimated $4.2 billion for taxes paid in 2018 and $8.9 billion for 2019.

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FocusBack to Top

OpinionBack to Top

Column on gun owners was short on specifics

We are a nation that depends on the self-regulation of so many of our industries, and it seems helpful to encourage gun owners not simply to champion their rights, but also to take the lead in addressing the problems that go along with the easy access to guns in our society.

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In BriefBack to Top

Judge OKs reworked NCAA concussions settlement

A federal judge in Chicago gave preliminary approval Tuesday to a modified head-injury settlement between thousands of former college athletes and the NCAA that includes a $70 million fund to test for brain trauma.

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