IU Health suffers small decline in 2013 profit
Indiana University Health’s business deteriorated last year in nearly every area. But price hikes and a surge in outpatient visits to Indianapolis-area facilities mostly offset those problems.
Indiana University Health’s business deteriorated last year in nearly every area. But price hikes and a surge in outpatient visits to Indianapolis-area facilities mostly offset those problems.
Based on 2012 data, 23 of 30 hospitals in central Indiana are generating profits from their operations of 10 percent or more. The Indiana Orthopaedic Hospital and St. Vincent's Carmel campus are on top. After that, there are a few surprises.
MainGate Inc. signed a 10-year deal to handle merchandise sales online and at LP Field for the Tennessee Titans.
The cash-strapped Carmel Redevelopment Commission has spent more than $6 million since 2009 “responding to, defending and settling” legal claims from contractors involved in construction of the city’s Palladium concert hall.
Gene Tempel will leave his post as the founding dean of the IU School of Philanthropy in December. The university has begun a national search for his replacement.
House Public Health Chairman Ed Clere said Tuesday that negotiators had found a compromise that would ban new construction for two years except in counties whose nursing homes are at 90-percent capacity or higher.
The owner of the Indy Eleven soccer franchise has conceded that his push for state financing help for a proposed 18,500-seat, $87 million stadium in Indianapolis will have to wait on the bench for another legislative session.
The Post spins this as surreptitious grabbing for Obamacare dollars.
The Indy Eleven soccer team would generate just $2 million to $4 million a year in ticket sales, a fraction of the $51 million that owner Ersal Ozdemir has estimated a new downtown stadium would generate including non-soccer events, according to an independent analysis.
The Indiana Utility Regulatory Commission openings generated heavy interest. Gov. Mike Pence added a second round of interviews in order to hear from 21 candidates.
The Indy Eleven won’t play its first game for nearly seven weeks. But officials with the North American Soccer League franchise say there’s already an urgent need to plow ahead with building the team an $87 million stadium.
The Ways and Means Committee voted 18-2 Thursday afternoon in favor of a bill that would facilitate a new downtown soccer venue.
Indy Eleven owner Ersal Ozdemir fielded questions from legislators Thursday about the $87 million, state-financed outdoor stadium he has proposed. The meeting started with a warm reception for Ozdemir, and lacked any testimony against the plan.
Nearly two-thirds of the state’s nursing homes are now participating in partnerships with county-owned hospitals that effectively double their profit margins.
The new two-year agreement gives UnitedHealthcare discounted rates retroactive to Jan. 1. Such discounts, which insurers negotiate with hospital systems, reduce prices 30 percent or more.
The recovery accelerated a disappointing pattern. Regional economic growth and activity are increasingly moving to the suburbs.
House Ways and Means Chairman Tim Brown said lawmakers will consider a plan by the IndyEleven soccer team to finance an $87 million stadium. The proposal is likely to be attached to an existing Senate bill.
By asking for tax money to help finance an $87 million, 18,500-seat venue, soccer team owner Ersal Ozdemir is gambling with one of his franchise's most valuable assets.
Indy Eleven owner Ersal Ozdemir hopes state lawmakers will help him finance construction of a multi-use soccer stadium with 18,500 seats in downtown Indianapolis.
Over the past two decades, Indianapolis has become a vibrant metropolitan area, powering growth throughout Indiana. The next phase for the Indy region requires not just statewide progress, but global integration.