The hospital has submitted a rendering to the city of Westfield that shows several multi-story buildings and a parking lot on the northeast corner of State Road 32 and U.S. 31.
IBJ asked mayoral candidates Joe Hogsett, a Democrat who is leading in contributions and key endorsements, and Chuck Brewer, a Republican small-business owner who has the support of outgoing Mayor Greg Ballard, about their approaches to hot-button topics of particular interest to the business community.
Indianapolis Business Journal gathered leaders in the state’s commercial real estate and construction industry for a Power Breakfast panel discussion Sept. 10.
There’s even more pressure on Cigna Corp. to accept a buyout offer from Anthem Inc. now that their rivals Aetna Inc. and Humana Inc. have agreed to merge. That’s how Wall Street analysts reacted to the $35 billion deal struck between Hartford-based Aetna and Louisville-based Humana. According to Bloomberg News, Aetna and Humana came to […]
Hendricks Regional Health will construct a 100,000-square-foot emergency room and outpatient center on the north side of Brownsburg by early 2017, in an attempt to capitalize on an underserved part of the state’s second-fastest-growing county. The Danville-based hospital system expects to spend $40 million on the facility, hoping it gives the small player a leg […]
The area surrounding Methodist Hospital at Capitol Avenue and West 16th Street could be ripe for much-needed redevelopment following Indiana University Health’s announcement that it will spend $1 billion to expand the campus.
IU Health had one of its most profitable years ever in 2014, as it cut staff, boosted its physician office visits and improved bill collections. But it is still hoarding cash to be ready for future cuts in reimbursement as well as future building projects.
BHI Senior Living, an Indianapolis not-for-profit that’s spent more than half a century serving retirees, could be poised to go from incremental to exponential growth—all thanks to the aging of the baby boom generation.
For the past 15 years, downtown hotel developers have moved masterfully in lock-step with demand. But with Indianapolis’ convention business showing signs of slowing in 2015 and 2016—right about the time three new hotels are scheduled to open—that streak might crash to a halt.
Indiana has 58 percent more nursing homes per resident and spends an extra $1 billion per year on care in nursing homes than the average for the rest of the country.
The county south of Indianapolis was king of the suburbs in the 1970s, but now has fallen far behind Hamilton to the north in population and income, and in recent years slipped behind Hendricks County to the west.
Zeke Turner, the 36-year-old CEO of Mainstreet Property Group LLC—who frequently sports a boyish grin and a bold-colored dress shirt, but rarely dons a tie—said he’s “just getting started” in transforming the staid nursing home industry.
