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Carmel council releases (most) arts grants

Finally satisfied that Carmel will end the year in the black, its City Council on Monday released more than $500,000 in arts funding that’s been on hold since April. But an increasingly hawkish majority held back another $200,000 earmarked for the Civic Theatre.

Carmel council axes funding for redevelopment commission boss

Carmel City Council members exerted their influence over redevelopment commission expenses Monday, denying a $60,000 contract extension for longtime Executive Director Les Olds despite Mayor Jim Brainard’s pleas to keep him on the job.

Allison Pointe buildings hit with foreclosure suit

The owners of the buildings, about three dozen entities and individuals, owe $16.6 million, or the entire balance of the loan they received in 2006 to purchase the properties, according to court documents.

Board suggested busy Evans let go of AIT

Michael Evans was juggling two companies and two newborn twins when his board of directors suggested it was time for a new CEO of AIT Laboratories. He was replaced by venture capitalist Matt Neff on Monday.

People

Paula Parker-Sawyers has been named program manager for the Indiana Clinical and Translational Sciences Institute’s community health engagement program. Previously, Parker-Sawyers served as senior director of outreach and partnerships at the National Campaign to Prevent Teen and Unplanned Pregnancy in Washington, D.C. She has also served as the executive director of the Indiana Office of Faith-Based and Community Initiatives under former Indiana Gov. Mitch Daniels. Parker-Sawyers holds a bachelor’s degree in political science and master’s of public administration from Indiana University.

Myron Lewis has been named vice president of neuroscience services at Community Health Network. Since November, he has worked as a health care consultant in Harbor Springs, Mich. Before that, Lewis worked as the administrative director of the Indiana University Health Saxony Hospital in Fishers. Lewis holds a bachelor’s degree in industrial and organizational psychology from Michigan State University, a master’s degree in clinical social work from Western Michigan University and an MBA from Indiana Wesleyan University.

Company news

Plunging revenue from blood glucose monitors has forced Roche Diagnostics Corp. to cut its staff, the company informed the workers last week. Roche, which operates its North American headquarters out of Indianapolis, suffered a 14-percent decline in revenue in its diabetes care unit during the first six months of the year. Roche has put that unit up for sale, according to a May report by the Reuters news agency. Roche spokesman Todd Siesky declined to disclose the number of workers that will be let go, only saying that jobs will be eliminated over the next several months. The cuts will affect Roche’s customer service group in Fishers and its diabetes manufacturing plant on the far northeast side. Between the two sites, Roche employs more than 900 diabetes care workers in the metro area. During the first six months of this year, Roche’s North American sales of diabetes products totaled $224 million. During the same period of 2012, diabetes sales in North American totaled about $257 million. And it’s going to get worse. The price of blood glucose monitors—which account for 90 percent of Roche’s diabetes care revenue—will be hammered by a new competitive bidding process instituted July 1 by the federal Medicare agency. Some projections indicated the Medicare program would drive down its payments 72 percent.

Indianapolis venture capitalist Matt Neff is the new CEO of Indianapolis-based AIT Laboratories, the drug-testing lab founded by Michael Evans. Evans stepped aside once before, in early 2012, and was replaced by Ron Thieme, who had been vice president of information technology. But the move didn’t work out, and Evans returned to the top job that fall. Now, Evans, 69, is stepping aside again, and Neff is becoming chairman, president and CEO, effective Monday. (See related story above.) Evans will remain chairman emeritus and continue as CEO of AIT sister company AIT Bioscience. Neff, meanwhile, is stepping down as CEO and president of CHV Capital, the venture capital arm of Indiana University Health, a post he held for six years. IU Health said the CHV Capital board would conduct a search for his replacement. AIT, founded in 1990 by Evans, then an Indiana University School of Medicine professor, caught fire about 10 years ago when it became the nation’s pioneer in urine drug tests to help doctors monitor patients taking narcotics for chronic pain. But AIT has been in turnaround mode after failing to respond quickly to deep cuts in Medicare reimbursement rates for basic drug tests. In 2009, Evans sold the company to employees for $90 million, with payments to him staggered over a number of years.

Community Health Network and Johnson Memorial Health opened the doors to a new health pavilion that will house doctors from both Community Physician Network and Johnson Memorial Physician Network, including specialists in family medicine, pediatrics, orthopedics, women’s health and general surgery. The facility will also offer walk-in lab testing, an imaging center, and physical and occupational therapy. Indianapolis-based Community and Franklin-based Johnson Memorial formed a partnership two years ago.

Ten displaced by apartment fire

A Sunday afternoon apartment fire that displaced 10 residents likely was started by a discarded cigarette, authorities say. The blaze at Grand Oaks Apartments, near Interstate 65 and Southport Road on the south side, heavily damaged two large units. No injuries were reported.

 

Suspects elude police after chase

Two armed robbery suspects escaped, but one was captured after a car chase Sunday night in Anderson. Three men reportedly robbed Harvest Market at about 6 p.m. and fled in a Ford Focus. Police gave chase until the car crashed near Hartman Road and Broadway Street. Two of the men escaped on foot but the other was taken into custody and is being questioned. Police searched the area for about five hours before calling it quits.

 

Motorcycle accident kills two

Two people died early Monday in a motorcycle accident that shut down lanes of Interstate 74 on the southeast side for several hours. A man in his 30s and a woman in her 20s were thrown from the motorcycle while trying to brake to avoid a collision. Police say the bike had been traveling well above the speed limit.

 

Angie’s List back on track with IndyCar Series deal

If Angie's List decides to make its involvement with the IndyCar Series a major part of its marketing campaign, it could be a big coup for the series and the team the company partners with. Angie's List pours tens of millions of dollars into marketing annually.

New jobs disproportionately low-pay or part-time

So far this year, low-paying industries have provided 61 percent of the nation's job growth, even though these industries represent just 39 percent of overall U.S. jobs. And part-time work has made up 77 percent of the job growth.