Crane workers face furloughs due to budget cuts
More than 4,000 civilian employees at the Crane Naval Surface Warfare Center will face 22 weeks of furloughs beginning next month under automatic federal budget cuts that took effect Friday.
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More than 4,000 civilian employees at the Crane Naval Surface Warfare Center will face 22 weeks of furloughs beginning next month under automatic federal budget cuts that took effect Friday.
The interim president and CEO of the Indianapolis Symphony Orchestra plans to leave the organization when her permanent replacement takes over later this month.
Trucking and auto fleet insurer Baldwin & Lyons Inc. plans to move its headquarters from downtown Indianapolis to Carmel by the end of the year and hopes to add 133 jobs over the next five years, the company announced Monday afternoon.
The Indiana Senate voted unanimously last week to require the Indiana Medicaid program to pay home health agencies, rural health clinics and federally qualified health centers for doing medical consultations, diagnoses and monitoring using videoconferencing, telephones or computers.
An overnight house fire in the 300 block of South Holmes Avenue on the near-west side of Indianapolis left a man hospitalized with serious injuries. Two other people living inside the home and two living inside a converted garage escaped without injuries. Police are investigating a cause for the blaze, which broke out about 3:30 a.m.
A man and a woman were in stable condition early Monday after a shooting incident at a west-side Indianapolis gas station. Police said they found a male with a gunshot wound to the head inside a car several blocks from the Speedway Gas Station near West 34th Street and Lafayette Road. The woman was found at the station with a wound to the shoulder. The shootings took place about 2:15 a.m.
Elizabeth Simpkin has been named president of the accountable care consortium formed in October by Community Health Network, St. Vincent Health and six hospitals within the Suburban Health Organization. Simpkin previously was senior vice president of the consulting practice at Valence Health in Chicago. She holds a master’s degree in health care economics from Arizona State University and a bachelor’s degree from Bradley University.
Dr. James Callahan, the former chief of neurosurgery at Indiana University Health Methodist Hospital, has joined Community Physician Network and is now working at Community Hospital Anderson. Callahan, who was formerly part of the neurosurgery practice of Goodman Campbell Brain and Spine, earned his medical degree at the Indiana University School of Medicine.
Dr. Kay Eigenbrod, an OB-GYN, has joined St. Vincent Medical Group in Indianapolis. She was chief of obstetrics and gynecology at St. Vincent Frankfurt Hospital. Eigenbrod holds a bachelor’s degree from Purdue University and a medical degree from the University of Illinois College of Medicine.
The National Weather Service has issued a Winter Storm Watch for counties north of Indianapolis, including Hamilton, Madison, Tipton, Howard and Delaware. The storm could bring as much as 6 inches of snow, sleet and freezing rain from late Monday to early Wednesday. Areas farther north could see even more precipitation.
Eli Lilly and Co. has sued Roche Holding AG’s Genentech unit, asking a court to invalidate patents used to make treatments for cancer and autoimmune diseases, Bloomberg News reported. Lilly wants a court to reaffirm the patents behind its own cancer drug Erbitux. According to Lilly’s lawsuit, filed Thursday in federal court in San Francisco, Genentech deceived the U.S. Patent Office into issuing patents known as “Cabilly” after one of the inventors. Genentech claims that the process and certain starting materials used to produce Erbitux infringe on parts of the patents, and is pursuing an “aggressive litigation policy to protect its products against competition,” according to the complaint. Erbitux, made by Indianapolis-based Lilly’s ImClone unit, is approved in the United States to treat colon cancer and head and neck tumors. Lilly realized about $400 million in revenue from the drug in 2012. A phone call to Genentech’s media office seeking comment about the lawsuit wasn’t immediately returned.
Indianapolis-based CHV Capital joined Kaiser Permanente Ventures to invest an $8 million funding round for Health Catalyst, a Salt Lake City-based data warehousing company. The company already had raised $33 million in Series B funding to develop its technology, which helps hospitals measure quality data from their electronic medical record systems and report it to regulatory agencies and health insurers. Indiana University Health, the hospital system that is the parent of CHV Capital, already is using Health Catalyst’s technology.
The Indiana Senate voted last week to expand Medicaid using the state-run Healthy Indiana Plan. According to the Associated Press, Gov. Mike Pence and the Republican-led General Assembly have beat back efforts by Democrats to expand coverage using the traditional federal-state Medicaid program for the poor. Instead, they say, expansion should be done through the Healthy Indiana Plan or a similar state-run program, giving the state more control over costs. Expanding HIP would cost the state roughly 3 percent less than expanding Medicaid, state actuary Milliman Inc. estimated on Feb. 25. And supporters say HIP would promote more responsible decisions by enrollees. On the table is an expected $10.5 billion in federal aid for the state over the next seven years. But expanding HIP also could cost the state close to $2 billion over the period. House Speaker Brian Bosma, R-Indianapolis, said Tuesday that Pence likes the Senate's request for block grants from the federal government instead of matching funds for Indiana’s spending, as is the case with traditional Medicaid. "At least the leadership is all in favor of not using Medicaid expansion as the vehicle here because of the potential for massive cost in the future," Bosma said. Seven Democratic senators voted with all of the chamber's Republicans for the expansion, despite reservations about using HIP. "We don't agree with the bill the way it was written, but we want to make sure it remains alive," said Sen. Karen Tallian, D-Portage. Tallian asked lawmakers to approve a temporary expansion of Medicaid, for two years, similar to what Florida Gov. Rick Scott, a Republican, is supporting. But her amendment and similar efforts in the House failed.
Warsaw-based Zimmer Holdings Inc. said the U.S. Securities and Exchange Commission and the U.S. Department of Justice have ended their investigation into a possible violation by Zimmer of the Foreign Corrupt Practices Act. The investigation dates to September 2007. Zimmer is the world’s largest maker of orthopedic implants.
The National Science Foundation has awarded $500,000 to West Lafayette-based Tymora Analytical Operations LLC via a Phase II Small Business Innovation Research grant. Tymora will use the two-year grant to develop a technology called pIMAGO that helps lab researchers identify new targets for drugs to fight such diseases as cancer, diabetes, neurological disorders and immune system disorders. Tymora, founded by two Purdue University professors, has also received $450,000 in previous grants from the National Institutes of Health.
The museum said 19 full-time employees and two part-time employees will complete their employment Monday. Eight additional vacant positions will not be filled.
KAR Auction Services Inc. said Monday that there will be a secondary offering of 13 million shares of its common stock.
Carmel-based NextGear Capital plans to add 169 jobs at a new office in Carmel, the company announced Monday morning.
Washington, D.C.-based Carlyle Group LP, the world’s second-biggest private-equity firm, was awarded a contract to manage a new $150 million investment fund on behalf of the Indiana Public Retirement System.
Film company once headed by Indianapolis financier Tim Durham says he transferred $1 million to his Indianapolis lawyer, John Tompkins, while fighting federal securities fraud charges.
Senators will consider changes to the House-approved budget plan that calls for $700 million more in school and road spending than proposed by Gov. Mike Pence and leaves out his proposed 10-percent cut to the state's income tax rate.
The Hiatt family is fighting the university's effort to acquire its property, clearing the way for construction of a hotel and conference center.
With a glistening $400 million casino set to open in downtown Cincinnati on Monday, officials and casino executives in two neighboring states are looking at the development with trepidation as they prepare to watch tax dollars flow into Ohio.
The first half of this year’s General Assembly session has been much quieter, at least partly because of election victories in November that gave Republicans a larger House majority, preventing new Democratic walkouts from stopping legislative action.
Indiana University's century-old School of Journalism is fighting for its independence after the university's provost proposed merging the school with other communications departments.