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.

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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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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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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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