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Indianapolis police have detained two people after a man was shot to death at about 3 a.m. Monday in the parking lot of the Pure Passion West nightclub at West 38th Street and Lafayette Road. Police said it appears the shooting stemmed from a disturbance, and the victim was shot from a passing vehicle. Witnesses said they saw two people leaving the scene in an SUV.
Vince Caponi will step down as CEO of the St. Vincent Health hospital system July 1 to become senior vice president of St. Louis-based Ascension Health Alliance, the parent organization of St. Vincent. He will also be executive chairman of the board for St. Vincent Health. During a search for Caponi’s permanent replacement, Ian Worden will serve as interim CEO. Worden since 2008 has been chief operating officer of the 22-hospital system, the second-largest in Indiana. Worden previously served as St. Vincent’s chief financial officer for eight years.
Eli Lilly and Co. will pay Canadian drug developer Transition Therapeutics Inc. $7 million and take over the development of a potential diabetes treatment heading into mid-stage clinical testing. According to the Associated Press, Transition said Monday it also could receive up to $240 million in additional payments, plus royalties, if the treatment is eventually approved and sold. It also will pay Indianapolis-based Lilly $14 million in three installments during the mid-stage study. The drug, labeled TT-401, is being developed to treat the most common form of diabetes, type 2, and accompanying obesity. Demand for drugs that treat diabetes is climbing as rising instances of obesity are causing an explosion of diabetes cases globally.
The Indiana University School of Medicine won a $1 million grant from the American Medical Association to launch a virtual health system curriculum for training medical students. The med school is one of 11 grant recipients. IU will use a teaching version of an electronic medical record system to help students use huge quantities of data to make clinical decisions, as well as to monitor the cost of their decisions. Medical school officials said the virtual health system curriculum will be better suited to the changing health care environment its students will encounter after graduation.
Starting July 1, a new state law will allow pharmacists to administer vaccinations for pneumonia, tetanus, diphtheria, acellular pertussis, HPV infections and meningitis, according to The Statehouse File news service. Currently, the only immunizations pharmacists can administer are flu shots. Pharmacists must continue to perform immunizations under physician-monitored guidelines. More than 40 states allow pharmacists to provide immunizations, although requirements for education and oversight vary. In Indiana, pharmacists must undergo immunization training. Already, the state has more than 2,700 pharmacists trained to provide the shots and several hundred new ones are added annually.
A new recommendation from the Medicare Payment Advisory Commission, if enacted, would likely end one of the ways Indianapolis-area hospitals have generated healthy revenue from their recent spree of physician acquisitions.
Financial markets have been gyrating in the 3½ weeks since Bernanke told Congress the Fed might scale back its effort to keep long-term rates at record lows within "the next few meetings"— earlier than many had assumed.
Eli Lilly and Co. will pay Canadian drug developer Transition Therapeutics Inc. at least $7 million and up to as much as $247 million to take over the development of a potential diabetes treatment.
Indiana drivers who have to show proof of insurance to police after an accident or traffic violation can do so electronically starting July 1 under a new law that signals an increasing use of technology in insurance laws.
Indianapolis-based SmartFile said the investment will help the company make a 7,500-square-foot facility at 212 W. 10th Street operational by September.
The Democrat said he hopes his purchase of Yagles Country Cupboard will help the store provide more services to the largely Amish southern Indiana community and create a few jobs.
A legislative panel studying why 78,000 test-takers were frozen out of the high-stakes exam test last month plans to meet Friday to hear from CTB/McGraw-Hill President Ellen Haley on what went wrong.
The move, the latest fallout from the executive's feud with hardware king John Menard, puts on hold a Wisconsin lawsuit that sought millions of dollars from the company.
NFL fans won’t be carrying much into games this season, unless it fits inside a clutch or a zip-lock bag. The NFL revealed a new security policy on Thursday that bans all bags except clear plastic bags that do not exceed approximately a square foot, or small clutch purses or other handheld bags that are roughly the size of your hand. Seat cushions will also be banned this year. According to the NFL, the new policy will increase security and speed up entrance into the stadium. The Indianapolis Colts have announced that they will be complying with the new security measures.
The Indiana Department of Transportation and its contractors will close a heavily trafficked exit ramp this weekend in Hamilton County. The southbound ramp connecting U.S. 31 to Keystone Parkway in Carmel will close at 9 p.m. Friday and reopen by 6 a.m. Monday. INDOT said sections of concrete pavement did not meet its quality standards and they need to be replaced. The contractor, Walsh Construction, is receiving $35 million for its work on the U.S. 31 transformation in Hamilton County.
The new owners of Hostess Brands are seeking a tax abatement to support investment of $10 million in new equipment for a plant on the east side that could employ up to 145 people.
To get control of health care spending, prominent health policy wonks are calling for new rules requiring hospitals and insurers to raise the ‘veil of secrecy’ they have thrown over their prices for decades.
The city of Indianapolis won't try to take back properties that were sold by its Indy Land Bank to suspect not-for-profits or to Naptown Housing Group LLC, in which former land bank director Reggie Walton is alleged to be a silent partner.
The tournament is slated for the new Indianapolis World Sports Park on the far-east side for three years beginning in 2014, the USA Cricket Association said.
Although ever-present smartphones have unleashed a creative spirit in many of us, the artists’ work featured in the iCreate show is a far cry from the selfies that fill your Facebook feed.
The state's corporate-friendly environmental policies aside, Indianapolis Power and Light Co.’s parent chose the city as its new center for U.S. operations largely because of the utility's billion-dollar upgrades.
The widow of former Financial Center CEO Roger Youngs alleges in a lawsuit that the Indianapolis credit union owes his estate $936,162, per his retirement agreement.
