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Articles

KENNEDY: Phoenix stays true to its mission

October 4, 2012

In this space, I’ve referenced studies confirming the “instrumental” value of the arts—especially economic growth and better academic performance. A new study from Rand argues for greater recognition of the intrinsic benefits as well: growth in individual capacities such as empathy for other peoples and cultures, enhanced powers of observation, and fuller understanding of the world in which we live.

Two locally hosted sporting events score national recognition

October 4, 2012

The inaugural Big Ten Football Championship and Super Bowl XLVI, both held at Lucas Oil Stadium, were recognized as ‘Event of the Year’ in their respective categories at the SportsTravel Awards held Oct. 4 in Detroit.

Royal Spa owner prevails in suits involving ex-employee

October 4, 2012

Royal Spa CEO Robert Dapper won a small judgment against ex-employee Kevin Roessler, and had a complaint and counterclaim containing sexually explicit charges against him dismissed.

Report: Indy visitors pay high taxes for travel

October 3, 2012

Visitors pay among the highest travel taxes in the nation when they come to Indianapolis — 17 percent on hotel rates, 15 percent on rental cars and 9 percent on meals.

Try this text for HC life sciences power breakfast transcript

October 3, 2012

WALL: One of the big changes coming out of the 2010 health reform law is a push for health care providers to provide care more based on value, a little less based on volume of services. One concept toward that goal is this accountable care organization concept. It’s similar in many ways to health maintenance […]

IBJ Health Care Power Breakfast – transcript

October 2, 2012

Indianapolis Business Journal convened a panel of experts at its Health Care & Benefits Power Breakfast on Sept. 28 to talk about industry issues including Medicaid, on-site health clinics and narrow networks. Panelists included Robert J. Brody, president and CEO of Franciscan St. Francis Health; Michael N. Heaton, partner, Katz Sapper & Miller; Dr. Gregory N. Larkin, commissioner, Indiana State Department of Health; Vicki F. Perry, president, CEO, Advantage Health Solutions Inc.; Dr. Ram Yeleti, president, Community Physician Network. The following is the unedited transcript of the discussion.

Dow Agro awarded $5.3M in patent-infringement case

October 2, 2012

The unsuccessful lawsuit filed by a subsidiary of Belgium-based Bayer Bioscience claimed that insect-resistant corn products from affiliates of Dow AgroSciences violated two of its patents.

Will Medicaid expansion actually work?

October 1, 2012

It would be “absurd” and a “travesty” for Indiana not to expand its Medicaid program, according to two local hospital officials. And yet other health care leaders do not expect expanded Medicaid coverage to provide nearly as much help to uninsured Hoosiers as hoped.

Company news

October 1, 2012

WellPoint Inc. is likely to name an outsider as its next CEO, according to interviews with former executives and directors of the Indianapolis-based health insurance company. The person mentioned most often as a likely successor to ousted CEO Angela Braly is David Snow, who led New Jersey-based pharmacy benefit manager Medco Health Solutions Inc. until its $29 billion sale this year to St. Louis-based Express Scripts. Internal WellPoint candidates Wayne DeVeydt and Ken Goulet also will receive a thorough look from the board, but former company brass say they have not been fully readied to be CEO because the WellPoint board did not expect to have to replace Braly, 51, so soon.

Amerigroup Corp., the Medicaid managed care company being acquired by WellPoint, will sell its Virginia business to Virginia-based hospital system Inova to placate federal antitrust regulators, according to Reuters. The U.S. Department of Justice had requested additional information from both WellPoint and Amerigroup on their Virginia businesses, according to an announcement from Amerigroup on Friday. The sale to Inova is not expected to have an impact on WellPoint's $4.9 billion acquisition of Amerigroup. Both deals are expected to close in the fourth quarter.

Indianapolis-based Dow AgroSciences LLC said Friday that it has prevailed in a patent-infringement lawsuit involving one of the company’s key weed-control products. The suit, filed in December 2010 by South Africa-based Bayer CropScience SA, charged that Dow AgroSciences’ herbicide-tolerance technology infringed one of its patents. In the Sept. 27 ruling, a federal judge sided with Dow AgroSciences in its motion to have the case dismissed, determining that Dow’s Enlist weed-control technology did not infringe on the patent. Dow AgroSciences, a subsidiary of Midland, Mich.-based Dow Chemical Co., predicts Enlist could earn as much as $1 billion over its life cycle.

One of Indiana University's two new schools of public health has a new name. The school on the Indianapolis campus on Thursday was formally named the Richard M. Fairbanks School of Public Health. The Fairbanks Foundation last year gave IU $20 million to help establish the school, which evolved from the Department of Public Health in the IU School of Medicine. Another public health school is being established at IU's Bloomington campus. The Bloomington school will focus on rural communities, and the Indianapolis school will focus more on urban health and its connections to the medical school. IU spokeswoman Diane Brown says the Indianapolis school will accept its first new students next spring. Some already are working toward degrees that will be offered by the new school.

The National Institute on Disability and Rehabilitation Research has designated the Indiana University School of Medicine and the Rehabilitation Hospital of Indiana as one of 16 sites in its Traumatic Brain Injury Model System. The designation comes with a five-year, $2.1 million grant to the medical school and the rehab hospital, which is a joint venture of the IU Health and St. Vincent Health hospital systems. Health care providers will use the federal grant money to study the effectiveness of the drugs Buspar and Vanspar in treating irritability and aggression that occur in some traumatic brain injury patients. Researchers at IU and the rehab hospital also hope to develop standard measures to assess the impact of aggression and irritability.

Vectren: Coal-gas plant to cost Indiana consumers $1B

September 30, 2012

The Evansville-based utility estimates all residential gas customers would see their gas bills increase an average of $3.90 per month for eight years—for a total cost of $375 per consumer.

Some hospitals, doctors might be cut from health plans

September 28, 2012

With health insurance premiums continuing to outstrip inflation, some health insurers and hospital systems are considering bringing back an old strategy: limiting patient access to a “narrow” network of doctors and hospitals.

Records – Oct. 1, 2012

September 27, 2012

Records listings from the Oct. 1, 2012, issue of IBJ.

Hospital loyalty low among patients in central Indiana

September 27, 2012

Regenstrief study finds many visit two different facilities within year’s time.

Indiana Rail Road revives downtown truck terminal

September 27, 2012

The Indiana Rail Road Co. has reactivated a closed rail yard through a partnership with a Canadian logistics company, which serves about a dozen of INRD’s customers at the yard.

People in the news – Oct. 1, 2012

September 27, 2012

People listings are free.

SHELLA: Lugar plots next chapter in storied career

September 25, 2012

Richard Lugar is leaving the Senate, yet the Republican who lost the May primary election to Richard Mourdock still intends to continue some of the work that defined his life as a lawmaker. Lugar spelled out his plans for the first time in a recent speech to the Contemporary Club of Indianapolis at a dinner staged to honor his more than four decades of service as school board member, mayor and six-term U.S. senator.

IndyCar may return open-wheel racing to Pocono

September 25, 2012

The 2013 IndyCar Series schedule could include a date at Pocono Raceway in Long Pond, Pa., a traditional NASCAR stronghold that hasn’t hosted an open-wheel race in 23 years.

People

September 24, 2012

Dr. Kristina Whitesell, a pediatrician, has established a practice with Franciscan Physician Network Heartland Crossing Pediatrics in Camby. Whitesell earned her medical degree at Washington University School of Medicine in St. Louis and also earned a bachelor’s degree in biochemistry from Gustavus Adolphus College in Minnesota.
 
Indianapolis law firm Hall, Render, Killian, Heath & Lyman has hired attorney Janelle McIntyre as part of its Indianapolis litigation group. McIntyre completed her undergraduate studies at Indiana University and earned her law degree at IU McKinney School of Law.

After nearly 30 years as an attorney at Indianapolis law firm Riley, Bennett & Egloff, Mary Reeder has accepted a position as in-house general counsel at Reid Hospital & Health Care Services in Richmond.

Victor Vinci has joined Bloomington-based Cook Pharmica as chief scientific officer. Prior to joining Cook, Vinci worked many years at Eli Lilly and Co. in Indianapolis. He also spent six years at Merck & Co. Inc. He holds a master’s degree and a doctorate in microbiology from The Ohio State University. He also holds a bachelor’s degree in chemistry and microbiology from Bowling Green State University.

New Denison CEO puts parking firm on growth tear

September 20, 2012

Perry Griffith, the scion of the Griffith family’s Denison Parking empire, is handing the CEO reins to the executive who helped him expand the Indianapolis company to 10 other states in as many years.

Stakes high as Colts try to renew club seats

September 20, 2012

At the conclusion of this season, five-year contracts for many of Lucas Oil Stadium’s 7,100 club seats expire. Other club seats on shorter contracts also expire, pushing the total up for renewal to about two-thirds of club seat capacity.

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