The Sierra Club wants the Indiana Utility Regulatory Commission to block an IPL plan to spend $511 million on pollution controls at its 39-year-old Harding Street plant, plus a four-unit station in the southwestern Indiana town of Petersburg.
The Indianapolis-based appliance and electronics retailer is quietly making a fundamental shift to cast its net more widely—starting with stepped-up promotion of its private-label credit card.
An internationally known architectural team chosen to design a proposed IndyGo transit hub is no longer on the project, to no surprise of local architects who insist the transit agency botched the selection process from the start.
Of 112 public and large private-company CEOs, only four are women, although women make up 47 percent of Indiana's work force. The four Indiana companies with a woman as CEO at the end of 2012—Bioanalytical Systems, Fortune Industries, Defender Direct and HP Products Corp.—were among a tiny group nationwide with women at the helm.
Indianapolis-area hospitals are undergoing such profound and permanent changes that some predict, eventually the four major hospital systems will merge and shrink down to two.
Last month, we learned that Gov. Mike Pence was in New York attending an Indiana economic development event in Yankee Stadium. Earlier, he had been at a Republican Governors Association conference in New Orleans. A few days later, he was in Maryland to keynote a national confab on school choice.
St. Vincent Health will lay off an unspecified number of employees across its 22-hospital network by June 30 in a cost-saving move the hospital blamed on Obamacare, cuts to Medicare reimbursement, and lower-than-expected volumes of patient procedures. Indianapolis-based St. Vincent, which is the second-largest hospital system in Indiana, employs nearly 18,000 workers. The Catholic organization is the sixth-largest employer in the state. St. Vincent spokesman Johnny Smith on May 23 declined to give an estimate of the number of people who will lose their jobs in the restructuring, saying St. Vincent executives had more work to do to discern which positions to eliminate. He said the job losses would be among both permanent workers and contract employees. He also said St. Vincent will look for expense reductions in its administrative functions, supply purchasing, and programs and services. He said he could not provide specific examples at this time. Other hospitals have been cutting expenses, too. Indiana University Health, the state’s largest hospital system, earlier this year delayed plans to expand its Methodist Hospital downtown. Also, IU Health CEO Dan Evans has said the hospital system intends to cut $1 billion—or more than 20 percent of its expenses—over the next four years, which would likely include staff reductions. Also, Community Health Network has cut out more than $100 million in annual expenses since 2009. It hopes to trim out a total of $300 million by 2015.
Indianapolis-based WellPoint Inc. was one of 13 insurers selected to participate in California’s state health exchange, according to Bloomberg News. The selection is important for WellPoint, because the exchanges are likely to become the most common way its large numbers of individual and small-business customers buy insurance in the future. While the premiums the insurers will charge vary widely depending on a person’s location and income, the director of the exchange said May 23 that premium increases will be less than the 30-percent jump projected by consulting company Milliman Inc. However, few other states have followed California in having the state government be an “active purchaser” of health plans, which may help hold down premiums more than in other states’ exchanges.
Eli Lilly and Co. signed its fourth deal in the past year with a company to help it produce companion diagnostics to accompany its experimental drugs. On May 23, Denver-based Corgenix Medical Corp. announced that it would collaborate with Indianapolis-based Lilly for diagnostic tests to identify the patients most helped by Lilly’s experimental cancer drugs. Financial terms of the deal were not disclosed. Nearly a year ago, Lilly inked a deal with Massachusetts-based PrimeraDx to develop companion diagnostics for cancer and other types of drugs. Then in January, Lilly signed on to a similar arrangement wth Dako, a Denmark-based unit of California-based Agilent Technologies Inc. And in February, Lilly said it was expanding its partnership with Germany-based Qiagen, N.V., to develop companion diagnostics for all kinds of drugs. Qiagen already helped Lilly and New York-based Bristol-Myers Squibb Co. develop a test to identify subsets of patients that benefit most from the cancer drug Erbitux.
Mark Miles is talking this week about significant changes and speed records at the Indianapolis Motor Speedway. It's the same talk that was coming from Randy Bernard one year ago. Then Bernard was fired.
California residents who choose to buy health insurance through the state exchange being created by the Affordable Care Act may end up paying higher premiums.
Beyond the athletes, there’s a dearth of celebrities in this year’s 500 Festival Parade. But why shouldn’t a B-lister come to race weekend in the town that cheered Shooter McGavin?
Cleveland-based Forest City Enterprises Inc., developer of the 76-story New York by Gehry in New York City, is teaming with Keystone Group in its bid to redevelop a prime piece of downtown real estate where Market Square Arena once stood.
St. Vincent Health will lay off an unspecified number of employees across its 22-hospital network by June 30 in a cost-saving move. The hospital blamed the job losses on Obamacare, cuts to Medicare reimbursement, and lower-than-expected volumes of patient procedures.
I am sincerely baffled by the Indianapolis Airport Authority’s [May 6 online] decision to close long-term parking, the closest surface lot to the terminal, essentially forcing all surface parking to the more distant economy lot.
If Carmel epitomizes edge city in central Indiana, then I’m now living on the edge of the edge.
By creating new sponsorship categories and filling vacated ones, the Indianapolis Motor Speedway has brought on 23 new sponsors this month. Teams, too, are bringing on new corporate partners.
Need some help planning your Memorial Day weekend? Here are some A&E choices including a new show at the Indiana State Museum, free park concerts, and more.
Two athletic-oriented groups plan a public forum next week to discuss ways to turn central Indiana into a hub for sports innovation. The American College of Sports Medicine and the Indiana University School of Physical Education and Tourism Management at IUPUI will conduct the free forum on May 28 at the NCAA headquarters in downtown Indianapolis.
With premiums for health insurance likely to head north next year as President Obama’s health care reform law fully takes effect, both individuals and employers will pay for more health care out of their own funds and buy less insurance.
The Indiana University School of Medicine chose Dr. Jay Hess as its next dean, pending approval by the IU trustees at their meeting next month. Hess, 53, is chairman of the pathology department and professor of internal medicine at the University of Michigan Medical School. Hess would succeed Dr. Craig Brater, who is retiring June 30 after 13 years as dean and 27 years at IU.
Dr. Azita Chehresa, a family physician, has joined American Village as an attending physician. American Village is one of roughly 60 long-term care facilities operated by Indianapolis-based American Senior Communities.
