JULY 8-14, 2022

John Russell examines what came of the strategy by Ascension St. Vincent to open micro-hospitals across central Indiana, with designs on upending the traditional hospital model. The idea never took off, and the flagship neighborhood hospital, located in Noblesville, closed in late June. Also in this week’s issue, Daniel Bradley has the latest on plans to create the massive LEAP Innovation and Research District in the Lebanon area. And Dave Lindquist pops the cork on the success story behind Mom Water, a hard seltzer manufactured in Indianapolis.

Front PageBack to Top

Inotiv facing shareholder lawsuit over stock drop

July 8, 2022 | Susan Orr

The West Lafayette-based pharmaceutical testing company has seen its stock price soar—and later plunge—following its announcement last fall that it planned to acquire Indianapolis-based Envigo RMS LLC, which breeds and sells animals used in lab testing.

Ascension’s much-touted micro-hospitals fade away in Indy area

July 8, 2022 | John Russell

Just five years ago this summer, officials from Ascension St. Vincent opened the first of five tiny hospitals in the Indianapolis area, touting them as a new model of ease and comfort for patients.

State plans new I-65 exit near Boone County’s innovation district

July 8, 2022 | Mickey Shuey and Daniel Bradley

INDOT wants to build an interchange at West County Road 300 North that would serve the planned 7,000-acre LEAP Innovation and Research District.

Indiana’s Mom Water could be 1-million-case success story

July 8, 2022 | Dave Lindquist

The drink, flavored water infused with vodka, debuted just 16 months ago. The company operates out of Ferdinand, 15 miles south of Jasper, and the product is manufactured in Indianapolis.

Q&A: Celebrating the Black tradition of giving

July 8, 2022 | John Russell

Jacqueline Bouvier Copeland established Black Philanthropy Month in 2011 to raise awareness of the global Black community’s tradition of giving.

Mike Lopresti: Big 10 decision: It’s all about the money

July 8, 2022 | Mike Lopresti

The Big Ten, UCLA and USC are taking the money and running. No, that’s not quite right. Given the distances involved, they’re taking the money and flying.

Indiana readies $12 million voting machines investment

July 4, 2022 | Leslie Bonilla Muñiz, Indiana Capital Chronicle

Indianapolis-based MicroVote will receive about $12.3 million for about 5,030 printers in 45 Indiana counties using electronic-only setups to count votes.

Canadian campaign aims to lure Hoosier tech companies

July 1, 2022 | Susan Orr

A campaign launched last week by a Windsor, Ontario-based economic development organization is targeting small- to medium-sized tech companies in Indiana and three other midwestern states. The goal is to get them to expand or relocate into Windsor.

Airport Authority to buy nearly 58 acres near Mount Comfort airfield

July 5, 2022 | Mickey Shuey

The decision to buy the privately owned property came after seeing the swiftness with which developers have moved to acquire thousands of acres near the Indianapolis Regional Airport for their own projects.

Pickle pizza among 22 new vendor menu items at Indiana State Fair

July 6, 2022 | Dave Lindquist

Two alcoholic beverages, Sun King’s Caramel Corn beer & Hi and Mighty’s Lemon ShakeUp, will join the roster of menu items.

Inflation weighs heavily on construction costs

July 8, 2022 | Sam Stall

A recent report from the Associated General Contractors of America states that, from April 2021 through the first quarter of 2022, the price of nonresidential construction components, or inputs, has risen 21%. Among those inputs, diesel fuel has jumped 86%; plastics, 30%; and insulation products, 19.6%.

Editorial: Pharmacy middlemen merit tougher regulations, scrutiny

July 8, 2022 |

Indiana lawmakers have attempted to regulate the industry, but their regulations haven’t really taken hold.

Nate Feltman: Public safety must be government’s priority

July 8, 2022 | Nate Feltman

Just as leaders mobilized and marshaled resources to defeat epidemics such as polio, smallpox, Ebola and COVID, we must do so again to solve the uniquely American gun violence problem.

Tony Armstrong: Investments point way forward for innovation economy

July 8, 2022 | Tony Armstrong

New ventures can generate new talent, new ideas, and new products and services, including those with the potential to dramatically change lives.

Ryan Ritchie: Embracing younger generations key to Indiana’s future

July 8, 2022 | Ryan Ritchie

My hope is for Indiana to remain the vibrant, innovative and welcoming state that we are for many years to come. To do so, however, we must continue to be strategic and intentional in our workforce and economic development efforts.

Angie Stocklin: So you have an idea for a business. What’s next?

July 8, 2022 | Angie Stocklin

I would encourage every entrepreneur to get productive, objective and broad feedback on their idea before spending money.

Pete the Planner: Spending must at least match retirement income

July 8, 2022 | Peter Dunn

I would not even consider retiring until your spending matches your projected retirement income for at least six months.

Cecil Bohanon and John Horowitz: The Constitution will endure as it has before

July 8, 2022 | Cecil Bohanon and John Horowitz

The framers increased the power of the national government compared to the Articles of Confederation so it could perform the functions of a national government.

Leaking talent pipeline should be Indiana’s top priority

July 8, 2022 |

Two of the most significant challenges facing Indiana are improving the educational outcomes for all K-12 students and greatly elevating the postsecondary attainment levels of our adult workforce. Currently, Indiana is behind its competitor states in the race to develop and establish a well-skilled, well-educated workforce for the jobs of today and tomorrow. There are […]

Indianapolis Business Journal