The facts aren’t in dispute: Congestion on State Road 37 in Hamilton County must be addressed before development along the commercial corridor turns it into a parking lot. But easing rush-hour backups along the highway won’t be cheap or easy.
A second defendant in an alleged kickback scheme involving the Indy Land Bank has pleaded guilty, and a judge has moved a trial for three remaining defendants to early 2015.
Carmel-based KAR Auction Services Inc., which released a solid quarterly earnings report Tuesday, acquired a 50-percent stake in Toronto-based Nth Gen Software Inc., which makes the TradeRev automotive remarketing system.
Major Hospital is seeking public input on its plans to build a $100 million hospital on the northern edge of Shelbyville, according to The Shelbyville News. The plans, which Major executives have been mulling since 2003, call for a 240,000-square-foot facility that would connect to Major’s Benesse Oncology Center in the Intelliplex business park. Major has also opened orthopedic, cardiology and OBGYN centers in the park. Major’s inpatient hospital in the center of Shelbyville has 72 beds, but the vast majority of the care Major provides is on an outpatient basis. Major has already begun to solicit bids from construction firms and bond rating agencies. CEO Jack Horner said the Major Hopsital board could make a decision on building a new hospital by October.
St. Vincent Heart Center wants to build a helipad about a half-mile from the specialty hospital. Currently, helicopter ambulances transporting cardiovascular patients must land at a borrowed facility a couple of miles north, on the opposite side of heavily traveled U.S. 31—adding as much as 20 minutes to the trip. Carmel’s Board of Zoning Appeals denied a similar request back in 2008, saying the proposed location was too close to nearby neighborhoods. But the newly proposed location at 10202 N. Meridian St. is less residential. The now-vacant land was once the home of Pilgrim Lutheran Church, which moved to 106th Street in 2012 to make way for the U.S. 31/I-465 interchange improvements now under construction. The zoning board is scheduled to consider the request at its Aug. 25 meeting.
Warsaw-based Symmetry Medical Inc. plans to sell off the orthopedics components subsidiary that generates nearly 80 percent of its revenue, according to Greater Fort Wayne Business Weekly. Massachusetts-based Tecomet, which is part of Genstar Capital, has agreed to pay $450 million for the OEM Solutions subsidiary. As part of the sale, Symmetry Medical will transfer ownership of its surgical instrument business, Symmetry Surgical, to the company’s shareholders and turn Symmetry Surgical into a newly traded public company. Shareholders would get one share of the new company for every four shares of Symmetry Medical stock. OEM Solutions generated nearly $81 million in revenue in the second quarter. Symmetry Surgical, meanwhile, saw $20.4 million in second-quarter revenue, down 8.7 percent from a year earlier.
WellPoint Inc.’s California subsidiary has partnered with the not-for-profit health plan Blue Shield of California to pay $80 million to launch a medical data sharing portal, according to the Associated Press. The California Integrated Data Exchange, known as Cal INDEX, is designed to share patients’ medical claims records electronically among doctors and hospitals, even for emergency room patients. Mark Morgan, president of WellPoint’s Anthem Blue Cross plan in California, said the health plans will mimic successful models such as the New York e-Health Collaborative and Indiana Health Information Exchange. The health plans’ information from patients' billing claims could supplement treatment records in the 30 health information exchanges health care providers have already created in California.
The city might be negotiating a sweet deal for Indianapolis taxpayers over the proposed $500 million justice center to be built across from the Indianapolis Zoo on the former site of General Motors’ stamping plant. Or, taxpayers might be getting a bad deal.
The rising threat from drug-resistant germs and increasing calls from global health groups for more potent antibiotics is placing a premium on companies such as Cubist. The $4.8 billion drug developer is preparing to introduce four new medicines by 2020.
GenCon has left behind a trail of games acquired by more than 56,000 attendees…including me. Here are my favorites, with options to please the game aficionado without scaring off the Apples to Apples crowd.
Red Ribbon Antiques, which opened its doors on Main Street in 1989, will open them one final time Sept. 6 to liquidate the inventory Gloria Holloway established over her 25-year business career.
Mourdock, who defeated longtime Sen. Richard Lugar in the 2012 U.S. Senate primary only to lose the general election after a comment about rape, resigned Friday, four months before the end of his term.
Hoosier farmers are expecting a record haul in corn and soybeans this year, but crop revenue might fall below production costs.
Though plans for a $22 million hotel and indoor sports complex seem in jeopardy, the city of Greenwood has other projects in the works along Interstate 65, including a new interchange and possibly an apartment development.
An Indiana House Democrat is calling for a new ethics rule designed to close loopholes exposed by departing Republican House Speaker Pro Tem Eric Turner.
The Indianapolis Department of Public Works will pay 11.5 percent more for road salt this winter than it did a year ago. Salt prices on regional bids across the state are now an average of 57 percent higher than last year's prices, according to INDOT.
A little-used, delay-plagued passenger rail line from Indianapolis to Chicago has become a battleground, as Amtrak tries to fend off competition invited by the Indiana Department of Transportation.
The clinics could rearrange the system by forcing price quotes and demanding that providers follow-through.
A year after rejecting a pair of offers for the former Shapiro’s Delicatessen on Range Line Road, the Carmel Redevelopment Commission on Wednesday accepted a $2.1 million bid from principal City Center developer Pedcor Investments LLC.
The Supreme Court's gay marriage decision has stirred up a divisive issue inside the GOP that many Republican leaders hoped to avoid ahead of the 2016 presidential contest.
The Carmel Redevelopment Commission is accepting bids for almost five acres of land along the Monon Greenway in the city’s so-called Midtown area, which is being targeted for renewal.
Two development teams submitted bids for five acres of publicly owned land along the Monon Greenway in Carmel’s Midtown area, but their plans for the blighted property remain under wraps for now.
Indiana Public Access Counselor Luke Britt rejected the city of Indianapolis’ argument that a request for proposals could be withheld from public review, siding with IBJ.
