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Articles

WellPoint gets vote of confidence

March 29, 2011

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.

Organic-food delivery service growing its operations

March 29, 2011

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.

Bill Cook, medical device magnate and philanthropist, dies at 80

March 28, 2011

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.

High-rise living in midtown Indianapolis

March 25, 2011

Author Lorene Burkhart remains grounded despite her penthouse surroundings

Maturing Chinese market gives WellPoint new prospects

March 24, 2011

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.

SPECIAL REPORT: Indiana companies charge into China

March 24, 2011

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.

IU Health cancels $73M project, acquires Gateway Plaza

March 24, 2011

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.

Hospitals’ finances improve somewhat in 2010

March 24, 2011

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.

BENNER: March drama extends beyond basketball court

March 24, 2011

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.

People in the news – March 28, 2011

March 24, 2011

People listings are free.

GIBSON: A bus system like Charlotte’s would offer many benefits

March 23, 2011

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.

WAGNER: Beltway opportunity borne of Indiana roots

March 23, 2011

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.

Indiana bill enhances rural areas for young entrepreneurs

March 23, 2011

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.

Growth funding drying up in Indianapolis

March 23, 2011

A key financial stepping stone for Indianapolis-area startups is dwindling, with no significant replacement on the horizon.

IU study: Smoking ban doesn’t harm gambling venues

March 23, 2011

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.

Boycott reaches 30 days for Indiana House Democrats

March 23, 2011

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.

People

March 22, 2011

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.

Self-funded plans draw small-firm interest

March 22, 2011

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.

Hunter leaves IUPUI to take coaching job at Georgia State

March 22, 2011

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.

Healthy Indiana Plan expansion opposed by some

March 22, 2011

Indiana wants to use its public health savings account program for low-income adults to cover people who will become newly eligible for Medicaid under the federal health care law beginning in 2014.

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