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IBJ Health Care Power Breakfast – transcript
Indianapolis Business Journal convened a panel of experts at its Health Care & Benefits Power Breakfast on Sept. 28 to talk about industry issues including Medicaid, on-site health clinics and narrow networks. Panelists included Robert J. Brody, president and CEO of Franciscan St. Francis Health; Michael N. Heaton, partner, Katz Sapper & Miller; Dr. Gregory N. Larkin, commissioner, Indiana State Department of Health; Vicki F. Perry, president, CEO, Advantage Health Solutions Inc.; Dr. Ram Yeleti, president, Community Physician Network. The following is the unedited transcript of the discussion.
Man found beaten on Monon Trail
A 64-year-old bicyclist was hospitalized after being beaten on the Monon Trail over the weekend. James Knapp was found bleeding from his head, arm and leg on the trail near 21st Street and Winthrop Avenue on the city's near-north side just after noon Sunday. A security officer working for a nearby church said he saw three teenage boys riding bikes away from the scene in a hurry. The victim was dazed by the attack and wasn’t sure if anything had been stolen from him.
Syphilis cases up in Johnson County
An outbreak of syphilis has been reported in Johnson County. So far, 25 confirmed or suspected cases of the disease have been reported. Most of those infected are in their teens to mid-20s. Syphilis cases have been up in Indiana in recent years, with reported cases jumping from 140 statewide in 2008 to 175 in 2010.
East-side home destroyed by fire
Fire destroyed a home near East 21st Street and North Mitthoeffer Road on the east side of Indianapolis late Monday. Firefighters took about 20 minutes to control the blaze, which broke out about 11 p.m. in the 2300 block of Gable Drive. No injuries were reported. Estimated damages were $90,000.
WellPoint to add 100-plus local jobs for new Medicare contract
WellPoint Inc.’s National Government Services unit will add more than 100 jobs in Indianapolis beginning late this year or early next after the health insurance giant won a new contract with the federal Medicare program.
Dow Agro awarded $5.3M in patent-infringement case
The unsuccessful lawsuit filed by a subsidiary of Belgium-based Bayer Bioscience claimed that insect-resistant corn products from affiliates of Dow AgroSciences violated two of its patents.
Bank taking advantage of billboard downtown location
Looks like Greensburg-based MainSource Bank intends to take full advantage of its new high-profile downtown branch location.
Former IU Health exec joining Bose Public Affairs
Sam Odle, who retired from Indiana University Health in July as chief operating officer, is joining the local lobbying firm as a senior policy adviser, representing clients in the health care and life sciences sectors.
Rail line being revived between Indiana cities
The $5.5 million rail line project will return tracks between Kokomo and Tipton into service.
Airport challenging judge’s decision on parking lot
The Indianapolis Airport Authority is asking a judge to reconsider his decision that paves the way for a Cincinnati-based developer to build a 2,000-space parking lot near the airport.
ISO asking for fewer concessions, sets Saturday deadline
Indianapolis Symphony Orchestra executives have given musicians until 6 p.m. Saturday to decide on a contract offer that asks for significantly fewer concessions than previous proposals. But musicians say the offer is unacceptable due to an escape clause.
Local software developer plans to add 25 jobs
Connect Think LLC said it will add the jobs by 2016 and will invest $244,000 in equipment to continue its focus on mobile application development.
Council approves new downtown TIF district
The Indianapolis City-County Council on Monday night voted 25-2 to expand the downtown tax-increment financing district to the northeast and northwest.
Dems, GOP launch on-air ad spree for Senate seat
Indiana has quickly become a major battleground in the race for control of the U.S. Senate, with national Republicans and Democrats forking over more cash this week to tea party favorite Richard Mourdock and Democrat Joe Donnelly.
Construction
-Mezzetta, Inc. has completed a 5,600-square-foot retail remodel for Royal Gallery of Rugs at 8689 River Crossing Blvd. at Keystone at the Crossing.
-Capitol Construction has completed a 3,000-square-foot office expansion for Endocyte at 8910 Purdue Road.
-Kort Builders has completed a 1,650-square-foot office build-out for Mass Ave Animal Clinic, 625 N. East St.
Residential
The average rate for 30-year mortgages fell to 3.55 percent from 3.70 percent in the week ended Sept. 26, according to Bankrate.com. The rate for 15-year mortgages fell to 2.88 percent from 2.95 percent.
Leases/leasing contracts
-Connecticut Electric Inc. leased 33,500 square feet of industrial space at 1819 W 38th St., Anderson. The tenant and landlord, Duo Co., were represented by Thomas Willey of Willey Commercial Real Estate.
-Mini Blessings Childcare Ministry leased 12,000 square feet at Emerson Way Shopping Center, 5410 Emerson Way. The tenant was represented by Joe Lonneman of Ambrose Property Group. The landlord, Emerson Way LLC, was represented by Tracey Holtzman of Midland Atlantic Properties.
-Half Price Books leased 8,800 square feet at Clearwater Village, 4611-4737 E. 82nd St. The tenant was represented by Dawn Lyon of Site Link Commercial Realty. The landlord, Broadbent Co., was represented by John Beuoy of Broadbent.
-Horizon Bank leased 7,040 square feet of office space at 117 E. Washington Street, Indianapolis. The tenant was represented by John Crisp of Cassidy Turley. The landlord, The Broadbent Co., was represented by Josh Broadbent.
-Prime Lending leased 6,216 square feet of office space at 50 E. 91st St. The tenant was represented by Bennett Williams of Cassidy Turley. The landlord, Sourwine Real Estate Services, was represented by Andrew Martin of Cassidy Turley.
-Transition Resources Corp. leased 3,800 square feet of office space at 600 Corporation Drive, Pendleton. The tenant and landlord, Tower Pendleton LLC, were represented by Thomas Willey of Willey Commercial Real Estate.
-Accelerated Health Systems LLC leased 3,545 square feet at Raceway Crossing, 10934-10976 E. U.S. 36, Avon. The tenant was represented by Jonathan Sharp at HSA Commercial Real Estate. The landlord, Broadbent Co., was represented by Brian Broadbent.
-ATI Physical Therapy leased 3,305 square feet of retail space at 433 N. Capitol Ave. The tenant was represented by John Crisp of Cassidy Turley. The landlord, American United Life Insurance Co., was represented by Jacque Haynes and Don Williams of Cassidy Turley.
-Detour American Grille Express leased 3,200 square feet at Fashion Mall Commons, 8487 Union Chapel Road. The tenant was represented by Rob Warstler at Colliers International. The landlord, Broadbent Co., was represented by John Beuoy of Broadbent.
-Bi Qin Shao leased 3,154 square feet at Pyramid Place Shoppes, 3502 W. 86th St. The tenant was represented by Jeff Hubley of Midland Atlantic Properties. The landlord, Centre Properties, was represented by Dean Almas of Sitehawk Retail Real Estate.
-Snap MyLife Indianapolis leased 2,917 square feet of office space at 8335 Allison Pointe Trail. The tenant was represented by David Black of Cresa Partners. The landlord, TIC Properties Management LLC, was represented by Bryan Miller of Cassidy Turley.
-Get Real Sports Sales leased 2,695 square feet of office space at 550 Congressional Blvd., Carmel. The tenant was represented by John Crisp of Cassidy Turley. The landlord, Trigild, was represented by Rich Forslund of Summit Realty Group.
-Fugi Foot Spa leased 2,400 square feet at Greenwood Place, 7551-7747 S. Shelby St. The tenant was represented by Itamar Cohen of Indiana Realty Group. The landlord, Broadbent Co., was represented by Josh Broadbent.
-MOD Salon leased 2,334 square feet at Clearwater Shoppes, 3809-3981 E. 82nd St. The landlord, Broadbent Co., was represented by John Beuoy of Broadbent. The tenant represented itself.
-Boost Mobile leased 1,737 square feet at Georgetown Plaza, 4825-4959 W. 38th St. The landlord, Broadbent Co., was represented by Brian Broadbent. The tenant represented itself.
-Pyone Cho Asia Market leased 1,600 square feet of retail space in Greenbriar Shopping Center, 1321 W. 86th St. The landlord, Prime Property Investors Fund VIII LP, was represented by Bart Jackson of Lee & Associates. The tenant represented itself.
-Frame and Save leased 1,400 square feet at Castleton Point, 5305-5499 E. 82nd St. The landlord, Broadbent Co., was represented by John Beuoy of Broadbent. The tenant represented itself.
-Whisper Hearing Center leased 1,368 square feet of office space in Smith Valley Professional Center, 1700 W. Smith Valley Road, Greenwood. The tenant was represented by Stephen Adams and Riley Faulk of Hokanson Cos. The landlord, Smith Valley Investment LLC, was represented by Cathy Richards of Lee & Associates and Keith Turnbill of RE/MAX Select.
-Holy Family Books & Gifts leased 1,280 square feet at Carmel Walk Shopping Center, 1327 S. Rangeline Road, Carmel. The landlord, The Fineberg Group LLC, was represented by Patrick Boyle of Midland Atlantic Properties. The tenant represented itself.
Sales/acquisitions
-U.S. Properties bought a 50,000-square-foot commercial building at 4701 Rockville Road. The buyer was represented by Ron Bowden of Evergreen Investments. The seller, ONB Realty, was represented by Keith Dedrick of Corporate Commercial Group.
-643 Mass Ave. LLC bought a 9,000-square-foot retail/office building at 643 Massachusetts Ave. The buyer was represented by Bryan Paine of ReMax Acclaimed Properties. The seller, FEC Investments, was represented by Jodi Milto of Midland Atlantic Properties.
-4841 Industrial Parkway LLC bought a 5,320-square-foot industrial building at 4841 Industrial Parkway. The seller, Star Financial Bank, was represented by Fritz Kauffman of Cassidy Turley. The buyer represented itself.