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Doctors put records in patients’ pockets:

July 21, 2008

Arming patients with portable electronic medical records that physicians can access during emergencies is becoming more prevalent among health care providers. The Heart Center of Indiana in Carmel, a partnership between St. Vincent Health and The Care Group Inc., the state’s largest cardiology group, recently started the practice. Community Health Network and Dr. Tim Story, who chairs the largest group of physicians at Clarian North Medical Center, are among others who have rolled out portable records systems. The health information…

Accountants predicting even more physician hookups: Katz Sapper, Heaton and Eadie join forces to keep up with fast-changing health care, benefits landscape

July 21, 2008

Everybody’s doing it. So Heaton and Eadie and Katz, Sapper & Miller decided to get together, too. Katz Sapper announced last week that it will acquire Heaton and Eadie because both Indianapolis-based accounting firms expect their main health care clients-physicians-to link up more and more with one another and with hospitals in the next five years. They want the heft and experience to win the right to handle finance and consulting on more of those transactions. Katz Sapper gets Heaton…

BEHIND THE NEWS: Steely-nerved investor double dips on ITT stock

July 21, 2008

Richard Blum is a former mountain climber who once led an Everest expedition. In his day job as a professional investor, he’s almost as daring. Twice in the last four years, his San Francisco-based money-management firm, Blum Capital Partners, has bet big on locally based ITT Educational Services at times other investors were terrified of the stock. Blum, husband of Democratic U.S. Sen. Dianne Feinstein, began scooping up shares in the for-profit education company in February 2004-one day after federal…

10 local Starbucks will be among 600 nationwide closings

July 21, 2008

At least 10 local Starbucks stores are slated to close by early next year as part of a 600-store nationwide purge. The chain
has named only 50 of the stores it plans to close, including two in Indiana, but it has notified the others. Those include
at least six in Indianapolis and stores in Carmel, Greenwood and Beech Grove.

CMG Worldwide takes tussle over vintage baseball cards to court

July 21, 2008

New York Yankees first baseman Lou Gehrig died in 1941 of a disease that came to bear his name. Six years later, second baseman
Jackie Robinson famously broke through baseball’s color barrier with the Brooklyn Dodgers, earning the league minimum $5,000.
He died in 1972. Mark Roesler believes the best earning years still lie ahead for both legendary players, as well as many
others like them. But first he must untangle their image rights in federal court in Indianapolis.

Carmel’s play for the arts: Some fear it will come at Indianapolis’ expense

July 21, 2008

The $80 million-plus Carmel Performing Arts Center, a neo-classical-styled concert hall designed to be an acoustical masterpiece, is still two years from opening. But it’s already the source of some dissonance in the Indianapolis arts community to the tune of Mozart’s String Quartet No. 19, in C major. On one hand, Indianapolis-area performing arts groups would sacrifice to theater god Dionysus for a chance to perform at the 1,600-seat music hall or at its adjacent 500-seat theater. But others fret…

Ontario Systems names new president & CEO

July 21, 2008

One of Indiana’s biggest information technology companies is adding new leadership. Muncie-based Ontario Systems LLC, which develops debt-collection software, has named Tony Reisz as its new president and CEO. He replaces Ontario co-founder Wil Davis, who continues as chairman. Davis was not immediately available for comment. But co-founder Ron Fauquher said top management jobs had […]

Irwin to sell home equity loans for $1B

July 25, 2008

Columbus-based Irwin Financial Corp. said late yesterday that it has struck a deal to sell $1 billion of home equity loans to a New York firm and to securitize an additional block of loans with the same firm. The moves are part of a restructuring that refocuses the bank on small-business and branch-based customers. The […]

UPDATE: Irwin shares soar after loan sale

July 25, 2008

Columbus-based Irwin Financial Corp. shares rose 25 percent this morning, in the first trading session since the company announced late yesterday that it was scaling back its exposure to the battered mortgage business. The parent of Irwin Union Bank said it had struck a deal to sell $1 billion of home equity loans to a […]

EYE ON THE PIE: Don’t blame financial woes on others

July 28, 2008

A brief rain shower moves across the Front Range onto Colorado Springs. The clouds change their patterns rapidly above Pikes Peak and I sip my coffee at a Starbucks that is unlikely to close. Here, not far from the U.S. Air Force Academy, a brief drive from the U.S Olympic Training Center, the volume of cash passing hourly is heavy enough to ensure that the cappuccino soy latte and the mint mocha frappuccino will continue to be drawn for months,…

Government officials dangle incentives, attracting firms across county lines

July 28, 2008

Marion County economic development officials are proud of their latest headquarters attraction. Bowen Engineering Corp.
will inject 103 high-paying jobs into the Indianapolis economy immediately. And over time, the company expects
to add another 138. Their average salaries will top $70,000. The deal didn’t require Mayor Greg Ballard
to travel to Japan, or even to another state. Bowen Engineering is moving all of 8.4 miles, from its former
home in Fishers to the 8800 block of North Meridian Street.

BEHIND THE NEWS: Former Carmel exec goes from fast lane to jail cell

July 28, 2008

Just a few years ago, Carmel businessman Edward Okun was living the high life. By last year, his personal holdings had grown to include four mansions, a helicopter, three airplanes, 20 automobiles, and a 130-foot yacht. Today, Okun is in a Virginia jail, is represented by a public defender, and faces the prospect of spending the rest of his life behind bars. And, angry investors say, rightfully so. They charge-and government investigators agree-that Okun financed his lavish lifestyle by misappropriating…

Dealer Services moving to new headquarters

August 5, 2008

One of the nation’s largest inventory financing companies for independent car dealers, Dealer Services Corp., will move a mile up the road to larger headquarters in Carmel. Dealer Services will occupy 26,000 square feet in City Center at Penn Office Plaza. The company said it has outgrown its 13,000-square-foot headquarters at Two Penn Mark Plaza, […]

EYE ON THE PIE: This railroad deal is a good deal

August 11, 2008

Let’s get burritogate out of the way and proceed to more substantive, if less spicy, matters. Yes, a guy who works for the Canadian National Railroad paid for a burrito and a beer that I consumed. He did not know then that I wrote this column and hence commanded a vast, influential audience. I did not know then that he had a project to represent. But CN (as the rail line is called) has a most significant project going. It…

Conseco taking $1.2B charge to unload unit

August 11, 2008

Conseco Inc. will take a $1.2 billion hit to split off its troubled long-term care business as an independent entity owned by policyholders. The Carmel-based insurance company announced plans this morning to transfer Conseco Senior Health Insurance Co. to an independent trust based in Pennsylvania. The deal, which requires approval by Pennsylvania insurance regulators, is […]

Indiana could land $100M to jumpstart housing

August 11, 2008

Indiana might be in line for a lot more than the $20 million minimum each state will be allocated as part of the housing stimulus initiative signed by President Bush on July 31, according to a new IUPUI study. The Center for Urban Policy and the Environment estimates Indiana could receive $80 million to $100 […]

UPDATE: Conseco shares jump after report

August 11, 2008

Stock in Conseco Inc. moved up more than 8 percent today after the Carmel-based insurer announced that it would take a $1.2 billion hit to split off its troubled long-term care business as an independent entity owned by policyholders. The shares traded near $8.32 per share. Conseco Senior Health Insurance Co. will be transferred to […]

Special charge hammers Conseco profit

August 12, 2008

Conseco Inc. recorded a massive second quarter loss because of a $500 million accounting charge from a proposed spin-off of its long-term care business. Absent that special charge, the Carmel-based insurer would have swung to a profit compared with a loss in the same quarter a year earlier. For the three months ended June 30, […]

Adesa profit, revenue shoot up

August 13, 2008

Carmel-based KAR Holdings Inc., which owns the Adesa Inc. auto auction and Insurance Auto Auctions Inc., reported late yesterday that second-quarter profit increased nearly 35 percent to $6.2 million from the second quarter last year. KAR, which didn’t elaborate on the performance, had no operations until its acquisition of Adesa closed on April 20 in 2007. […]

Glendale lands Flat Top Grill

August 14, 2008

Indy is becoming a hotbed for chain stir-fry restaurants. A popular player, Flat Top Grill, has signed a letter of intent with developer Kite Realty Group Trust to open a new…

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Search Results

8,697 results for 'Carmel'

People

Kurt Beier

Articles

Doctors put records in patients’ pockets:

Accountants predicting even more physician hookups: Katz Sapper, Heaton and Eadie join forces to keep up with fast-changing health care, benefits landscape

BEHIND THE NEWS: Steely-nerved investor double dips on ITT stock

10 local Starbucks will be among 600 nationwide closings

CMG Worldwide takes tussle over vintage baseball cards to court

Carmel’s play for the arts: Some fear it will come at Indianapolis’ expense

Ontario Systems names new president & CEO

Irwin to sell home equity loans for $1B

UPDATE: Irwin shares soar after loan sale

EYE ON THE PIE: Don’t blame financial woes on others

Government officials dangle incentives, attracting firms across county lines

BEHIND THE NEWS: Former Carmel exec goes from fast lane to jail cell

Dealer Services moving to new headquarters

EYE ON THE PIE: This railroad deal is a good deal

Conseco taking $1.2B charge to unload unit

Indiana could land $100M to jumpstart housing

UPDATE: Conseco shares jump after report

Special charge hammers Conseco profit

Adesa profit, revenue shoot up

Glendale lands Flat Top Grill