Hunter leaves IUPUI to take coaching job at Georgia State
Coach Ron Hunter has left IUPUI after 17 seasons to take over at Georgia State University, a men’s basketball program that has struggled through most of its existence.
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Self-funded plans draw small-firm interest
In the face of new health reform restrictions, expect more small employers to opt for self-funded health benefits, concludes a report this week from Indianapolis-based United Benefit Advisors.
People
Community Heart and Vascular added Dr. Jo Mahenthiran as its 12th physician. Mahenthiran specializes in non-invasive cardiology and cardiac imaging. Most recently, he was an associate professor of clinical medicine and the director of cardiac imaging at the Krannert Institute of Cardiology at Indiana University. The practice is part of Indianapolis-based Community Health Network.
Robert Wade has joined Indianapolis-based Krieg DeVault LLP’s health care practice as a partner in the law firm’s Mishawaka office. His practice concentrates on hospitals, ambulatory surgical centers, physician groups, physicians and other medical providers. Wade is the creator of Captain Integrity, www.captainintegrity.com, a compliance program resource used by many hospitals, health systems and other providers.
Dr. Paul E. Driscoll has been selected as medical director for St. Francis Medical Group after serving in that position on an interim basis for several months. A family physician, Driscoll will continue to oversee clinical operations of the 140-member physician group, which is owned by Franciscan St. Francis Health. Driscoll is a graduate of the University of Maryland School of Medicine.
Harold Berfiend has been named chief operating officer of Indiana University Health Ball Memorial Hospital. Berfiend is a former controller for IU Health, when it was called Clarian Health. He came to Ball Memorial as chief financial officer after Clarian acquired the Muncie hospital in 2008.
Indianapolis-based SonarMed Inc. has named William DeMars its vice president of sales and marketing. DeMars will orchestrate the 2011 U.S. market launch of SonarMed’s Airwave system, which monitors breathing tubes for patients requiring ventilators. DeMars was previously the vice president of business development for Minnesota-based Ashmak, a medical consultancy.
Boycott reaches 30 days for Indiana House Democrats
A legislative stalemate in Indiana reached a political milestone on Tuesday as House Democrats stayed away from their jobs for a 30th consecutive day in what now ranks among the longest Statehouse boycotts in recent U.S. history.
IU study: Smoking ban doesn’t harm gambling venues
Indiana University researchers say there is no economic incentive for lawmakers to exclude off-track betting facilities from a smoking ban under consideration in the Indiana Legislature.
Growth funding drying up in Indianapolis
A key financial stepping stone for Indianapolis-area startups is dwindling, with no significant replacement on the horizon.
Indiana bill enhances rural areas for young entrepreneurs
A bill signed by Gov. Mitch Daniels will create a type of auction among rural communities for young entrepreneurs graduating from some universities in the state.
WAGNER: Beltway opportunity borne of Indiana roots
I’d never have been halfway around the world climbing all over nuclear research reactors if I hadn’t taken a few risks in Indiana.
GIBSON: A bus system like Charlotte’s would offer many benefits
Charlotte, N.C., operates approximately 325 buses with 74 routes on a budget of $110 million while IndyGo has an annual budget of $55 million with only 150 buses and 29 routes.
BENNER: March drama extends beyond basketball court
The same fans who had (rightfully) lauded coach Matt Painter for guiding the Boilermakers to a surprisingly strong season suddenly were ripping Painter in the aftermath of the tournament loss to VCU.
Hospitals’ finances improve somewhat in 2010
It was a good but not great year financially for three of the four largest hospital systems operating in the Indianapolis area last year—and hospital analysts are expecting several head winds to continue.
IU Health cancels $73M project, acquires Gateway Plaza
Indiana University Health has canceled its plans for a $73 million administrative office building at 16th Street and Capitol Avenue and has instead purchased the Gateway Plaza tower at 10th and Illinois streets.
SPECIAL REPORT: Indiana companies charge into China
With economic growth in the United States sluggish, Indiana companies are joining the race to capitalize on the fast-growing Chinese economy—even as hundreds of millions of Chinese move into the middle class and adopt a Western-style thirst for goods and services.
Maturing Chinese market gives WellPoint new prospects
Premiums for private health insurers in China are expected to rise to $90 billion by 2020 from $9 billion now, and WellPoint Inc. is angling for a big piece of that pie.
High-rise living in midtown Indianapolis
Author Lorene Burkhart remains grounded despite her penthouse surroundings
Bill Cook, medical device magnate and philanthropist, dies at 80
The founder of Bloomington-based life sciences giant Cook Group Inc. and the wealthiest man in Indiana leaves a legacy of dozens of historic structures saved from decay or demolition. He also was a major donor to Indiana University and its athletics department.
Organic-food delivery service growing its operations
Indianapolis-based Green B.E.A.N. Delivery planted a seed here four years ago, and now the organic food-shipping service is cultivating its own 60-acre farm in Sheridan.
WellPoint gets vote of confidence
Health reform will make health insurance a less-profitable business, but WellPoint Inc. got a vote of confidence from bond analysts because health-reform rules have turned out milder than expected and WellPoint’s financial performance has been particularly strong as the economy recovers.
Company news
Indiana University Health has canceled plans for a $73 million administrative office building at 16th Street and Capitol Avenue to instead purchase the Gateway Plaza tower at 10th and Illinois streets. The Indianapolis-based hospital system is still moving forward with construction of a $120 million neurosciences hub across the street from its Methodist Hospital campus. But IU Health officials, without being specific, said the price was too good on Gateway Plaza—where the hospital system already rents 130,000 square feet and employs 750 workers. The building currently has 80 percent of its 270,000 rentable square feet leased. But the looming departures of IU Health as well as the IU Foundation—which recently bought its own building along the Central Canal—could have quickly reduced occupancy to 20 percent. IU Health also bought the 1,200-space parking lots adjacent to the building.
Six Indiana hospitals were named to Thomson Reuters' annual list of the nation’s top 100 health care facilities. They included St. Vincent Indianapolis Hospital, the flagship hospital of Indianapolis-based St. Vincent Health. Also making the list were Columbus Regional Hospital, Community Hospital in Munster, Kosciusko Community Hospital in Warsaw, Memorial Hospital & Health System in South Bend, and Reid Hospital & Health Care Services in Richmond. The Thomson Reuters 100 Top Hospitals study evaluates performance in 10 areas: deaths; medical complications; patient safety; average patient stay; expenses; profitability; patient satisfaction; adherence to clinical standards of care; post-discharge deaths; and re-admission rates for patients suffering a heart attack, heart failure and pneumonia. The study has been conducted annually since 1993.
Purdue University ranked No. 47 on a list of the institutions worldwide with the most articles published last year in the widely cited Nature research journals. U.S. institutions occupied 33 of the top 50 positions, with Harvard University topping the list. The index is available here. The Nature journals primarily publish articles disclosing basic research findings in life, physical and chemical sciences. The journals focus less on applied scientific or engineering research. The index is a collaboration between Nature Publishing group and Digital Sciences, a sister division of Macmillan Publishers Ltd.division of Macmillan Publishers Ltd.