Indianapolis Business Journal

MAY 28-JUNE 3, 2012

This week, find out why area hospitals are experiencing some buyers remorse and read about what has leaders at the Indianapolis Museum of Art optimistic about the future. In Focus, see who's taking the plunge into entrepreneurship. And in A&E, Lou Harry flies through the Indianapolis Zoo's newest exhibit.

Front PageBack to Top

Developer Kite to remake key corner in Carmel

Kite Realty Group Trust is planning a Rivers Edge-like overhaul of two shopping centers it owns at 116th Street and Rangeline Road in Carmel. The Indianapolis-based real estate firm already has landed new tenants, including a natural and organic grocery store and a handful of restaurants.

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Mentors give entrepreneurs a business boost

Good mentors can make a world of difference to up-and-coming entrepreneurs. Countless business owners find themselves in need of a gut check from time to time and, these days, mentors are an essential part of their toolkit.

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Top StoriesBack to Top

Physician buyouts bruising hospitals

As St. Vincent Health has nearly doubled the number of physicians it employs over the past two years, the losses on those practices have mounted. And the same thing is happening at all the major Indianapolis hospital systems, as all have spent the past four years aggressively acquiring physician practices.

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Endowment’s resurgence emboldens IMA’s leaders

After three years of shrinking budgets, Indianapolis Museum of Art leaders are ready to leave the lean times behind. The IMA’s endowment, which has covered close to 70 percent of operating expenses, is on the rebound and reached $324 million at the end of last year.

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Playoff run pushes Pacers closer to profitability

The Indiana Pacers’ playoff run and a decreased player payroll—along with $10 million from the city’s Capital Improvement Board—have brought the team closer to breaking even this year, but not out of the red, sports business experts say.

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Price pressures could ground Lilly’s growth

Most analysts agree with Eli Lilly and Co.’s prediction that, after tough years from 2012 to 2014, the drugmaker will begin growing sales and profits again. But in a new report, BMO Capital Markets predicts Lilly will get stuck at a reduced level of revenue and profit in 2014 and stay there for years.

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FocusBack to Top

For graying generation, startups are booming

Since the 1990s, the demographic makeup of new entrepreneurs has been steadily shifting toward baby boomers as they seek personal and financial fulfillment. Count Fountain Square Brewing Co.’s Bill Webster among them.

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OpinionBack to Top

Make new police chief a regional pick

It’s time for Indianapolis to reach across geographical boundaries to ask for input, help and support as it works to transform Indianapolis Metropolitan Police Department so it can work on restoring public confidence and ultimately safer streets.

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In BriefBack to Top