USA Funds CEO announces retirement
Carl C. Dalstrom says he will leave the student-loan guarantor on June 30, 2013. He has led the locally based not-for-profit since July 2000.
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Homeless seeking shelter from heat
This summer’s heat wave is creating an increase in homeless men, woman and children seeking services, according to the Wheeler Mission. The occupancy at Wheeler's Center for Women & Children has been on par with numbers usually seen during the winter months. The center usually sees an average of 66 women and children each July. This July's average was 83.
Fair releases feverish hogs early
Most of the hogs in the swine barn at the Indiana State Fair were sent home Monday, a day early, after six pigs in a 4-H show developed high fevers. The precautionary step was taken after the Indiana Department of Health confirmed 11 statewide cases of humans contracting the flu from hogs. State fair officials said the cause of the fevers in the pigs at the state fair is not yet known.
Police seek suspect in shooting of teen
Indianapolis police are searching for a 56-year-old man accused of fatally shooting a 13-year-old boy Sunday night in their east-side neighborhood. Glenn Beard, 56, is believed to have shot Jarrell Tucker in the head and thigh after an altercation in the 100 block of North Denny Street. Beard, a former felon with a long criminal history, fled the scene in his truck. He was released from prison less than a year ago after serving time on a firearms charge.
State fair opens with attendance increase
Indiana State Fair attendance is officially up so far this year thanks to a pair of opening-weekend concerts. Those concerts, however, took place in downtown Indianapolis, so crowds at the state fairgrounds actually may be down a little.
Stars and stripes out of fashion at Olympic Games?
So arcane is the design of U.S. Olympic uniforms and warm-up suits that at times the Russians' attire has looked more American than our own.
Five in the running to manage City-County Building
Indianapolis Mayor Greg Ballard’s office is reviewing proposals from five commercial property managers that want a crack at running the City-County Building for the next 30 years.
Lilly stock slips after competitors halt Alzheimer’s plans
Pfizer Inc., Johnson & Johnson and Elan Corp. are ending most plans to develop an Alzheimer’s drug after a second trial failure. Eli Lilly is developing a similar treatment.
Top priority for new IDI boss: Fixing Georgia Street mess
Sherry Seiwert has plenty on her plate as she takes over this week as president of Indianapolis Downtown Inc., but her first priority should be a turnaround plan for Georgia Street.
Governors aside, feds building health care exchanges
The feds may be gaining on GOP governors who've balked at carrying out a key part of the health care overhaul law. Opponents of the law say they won't set up new private health insurance exchanges. But increasingly it's looking like Washington will do it for them.
Two workers hurt in blast at IPL power plant
The pair were taken to a hospital with non-life-threatening injuries, a company spokeswoman said. The cause of the explosion is under investigation.
Residential
The average rate for 30-year mortgages rose from 3.75 percent to 3.77 percent n the week ended Aug. 1, according to Bankrate.com. The rate for 15-year mortgages fell from 3.00 percent to 2.99 percent.
Fastest-growing Slingshot SEO changes strategic course
Slingshot SEO Inc., a fast-growing Internet marketing firm that made a job-creation deal with the state in 2011, said Monday that it was eliminating about 15 percent of its work force—or roughly 15 employees.
Whirlpool to close Indiana center, move work to Michigan
Whirlpool Corp. announced Monday it plans to shut down the last of its operations in a southern Indiana city, a plant that employed more than 1,500 workers a few years ago.
People
The Stratford retirement community has hired Margaret Clark as health care administrator. She will oversee the community’s assisted-living, memory-care and skilled-nursing neighborhoods, which it calls The Retreat. Clark most recently served as administrator at Hickory Creek at Rochester, a nursing home in Rochester, Ind.
Dr. Kevin Helms, an internist, has been hired by The Stratford retirement community as its medical director. He is part of Indianapolis-based Advanced Healthcare Associates, a group of health care providers that serves nursing home patients. Helms did his medical training at the Indiana University School of Medicine.
Lynn Driver, CEO of the Indiana Organ Procurement Organization, will retire at the end of September. Driver has led the organization since its founding in 1987, and overseen its growth to 115 employees in three locations around Indiana. She will be replaced by Kellie Hanner, who is currently the organization's chief operating officer.
Company news
Kansas-based Mediware Information Systems Inc. announced plans Monday to acquire the assets of Indianapolis-based Strategic Healthcare Group LLC, which provides blood management consulting and IT programs to blood centers and hospital systems. Financial terms of the deal were not disclosed. Strategic Healthcare was founded in 2006 by Dr. Timothy Hannon, offering to find cost savings for its customers and to improve safety for patients. Of particular interest to Mediware is Strategic Healthcare’s analytics technology called BloodStat, which has amassed the hospital industry’s largest database of clinical and financial information about blood use, which can serve as a benchmark for health care providers trying to improve their own use of blood. “We believe the combination of SHG’s products and expertise, with our software and large base of prestigious hospital customers, will provide additional growth opportunities and enhance our overall market position,” said Mediware CEO Thomas Mann in a prepared statement.
West Lafayette-based Endocyte Inc. thinks it can use the same technology that lies behind its experimental cancer treatments to treat polcystic kidney disease, too. The drug company announced Friday that tests of an experimental drug in mice slowed the development of cysts and preserved the function of the mice’s kidneys. Endocyte’s drug for kidney disease, EC0371, is a combination of folic acid and the drug rapamycin, an immunosuppressant often used during kidney transplants. Folic acid binds more readily with some diseased cells, which allows Endocyte’s drug combo to deliver a higher dose of a medicine without increasing side effects. That combination has appeared to prove more effective for treating some kinds of ovarian cancer, and Endocyte is moving to win approval for an ovarian cancer drug, known as EC145, in Europe.
The Indiana Health Information Exchange, based in Indianapolis, has added Greene County General Hospital in Linton to its medical-record-swapping network. That network, called the Indiana Network for Patient Care, now includes 90 hospitals and more than 20,000 physicians around the state. It processes more than 3 million exchanges of medical data every day, including laboratory results and medication histories. Swapping medical records is designed to reduce repeat procedures and cut down on medical errors, such as prescribing drugs that interact with one another.
Despite funding dip, IU bets on brains
The city that brought the world Prozac and other neuroscience drugs is doubling down on brain research with a new $52 million research center near Methodist Hospital.
Next up for Indiana biotech: Feed the world
Even though the potential payoff for health care innovation is less certain these days, the business case for new ways to produce more food has never been stronger. That’s the analysis that lies behind BioCrossroads' new report an agricultural innovation.
Teen shot in head on east side
A 13-year-old boy was hospitalized in critical condition after being shot in the head and thigh Sunday night near East Washington Street and Sherman Drive. The shooting took place about 9 p.m. in the 100 block of North Denny Street. Indianapolis police investigating a report of gunshots found the teen in an alley.
Two injured in overnight fire
Two residents suffered minor injuries early Monday morning in an apartment fire near Beech Grove. Eight residents were displaced by the fire, which broke out about 3 a.m. in the 3100 block of East Bradbury Avenue. The cause of the fire is under investigation.