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Q&A

Thad Johnson became CEO of Methodist Sports Medicine / The Orthopedic Specialists on June 15, the first time the 19-physician practice has had a non-physician executive.

People

Community Health Network hired Dr. Scott Reece as medical director of primary care outreach. Reece will oversee Community’s new extended care facility physician practices. He most recently served as the senior associate director of the Department of Medical Education Family Medicine Residency at IU Health Ball Memorial Hospital. He also was a family practice physician in Delaware County for 24 years.

Tony Javorka has been named chief operating officer for Community Health Network’s new integrated physician group. Javorka previously held the position of chief operating officer for practice and hospital operations at Community Heart and Vascular, a subsidiary of Community Health that includes cardiologists and the Indiana Heart Hospital. Before joining Community, Javorka served as CEO for the Indiana Heart Associates physician practice as well as senior manager of the health care group at Somerset CPAs.

Company news

Indiana University in Bloomington will begin a professional master’s degree program in medical physics in the fall of 2012. The field involves using the concepts and methods of physics to diagnose and treat disease. The new program will include a curriculum in physics, mathematics, chemistry and biomedical sciences, as well as practical courses in radiation therapy physics, diagnostic imaging physics, nuclear medicine and radiation protection physics.

Westview Healthplex Sports Club took over management of the fitness center on the ground floor of the OneAmerica Tower on Sept. 1. Westview, which is an osteopathic hospital and health club near Lafayette Square Mall, will staff the fitness center with fitness coaches, personal trainers and massage therapists.

Harrison College and WGU Indiana have both formed new partnerships for their nursing programs. Harrison, an Indianapolis-based for-profit school, now will work with Community Health Network’s hospital facilities to help train its associate’s degree students. And WGU Indiana, which launched its nursing program in Indiana earlier this year, will train some of its students at Hancock Regional Hospital in Greenfield. WGU Indiana was formed last year by a partnership between the state of Indiana and Western Governors University, an online college for adult learners. Nursing schools are trying to grow in order to turn out enough nurses to replace the wave of baby boomers that is beginning to retire.

Company news

Thinking of going jungle zip lining or cave tubing anytime soon? Or are you hoping to get up close to lions and elephants on a wildlife safari? Well, now you can buy health insurance to cover you while you take such adventures. Indianapolis-based International Medical Group Inc., which sells health insurance for tourists and expatriates, launched a new product this month with a rider that will cover exactly those kinds of activities. The Patriot Green Group insurance policy is aimed at “international travelers that are committed to sustainable and responsible tourism,” according to a press release from IMG. It makes donations to offset the carbon footprint created by jetting around the world for exotic thrill-seeking. But if a wild adventure proves unsustainable—as when a zip-liner pulls a George of the Jungle and hits a tree—IMG will still help its customers be green even beyond the grave. The Patriot Green Group policy can come with a feature that, when triggered by the customer’s accidental death or dismemberment, will donate $5,000 to “an environmental group that positively impacts global conservation.” Now that takes going green to a whole new dimension.

 

Butler University’s College of Pharmacy and Health Sciences this fall launched a dual degree for pharmacy students interested in doing research. Students now can earn a doctor of pharmacy degree along with a master’s in pharmaceutical sciences in six years, the same time frame required for the doctorate alone. Butler launched a similar dual degree in 2003, which combined a doctorate in pharmacy and an MBA degree.

Will ACOs really get off the ground?

The hype over accountable care organizations—something every major hospital in Indianapolis is moving to become—is increasingly being laced with skepticism as the economics behind the idea get more scrutiny.

Show-me state stings SynCare

Indianapolis-based SynCare LLC has been touting its growth in Missouri since it entered the market in 2009. But now SynCare’s excursions in the show-me state have turned into a nightmare.

Company news

Franciscan St. Francis Health’s Indianapolis hospital will be the setting for the BBC World Service radio program "World Have Your Say" on Wednesday. “We were looking for a vibrant hospital community where we could reflect the conversations that are taking place there,” Ros Atkins, host of the show, said in a prepared statement. “Through the staff, patients and their families, we hope to give one snapshot of life in America.” The one-hour show, in which topics are determined by its 45 million listeners and by guests, is broadcast daily locally at 1 p.m. on WFYI-FM 90.1.

The Indiana Spine Group physician practice opened its new Indiana Spine Center today, claiming the facility is the only one in the state to provide all aspects of spine care in one location. The 60,000-square-foot center, in Carmel near 131st and Meridian streets, has 16 exam rooms, imaging equipment, a physical therapy unit and three operating rooms. The Indiana Spine Group includes seven physicians.

Brokers ‘devastated’ by reform rule

The decision last year by the U.S. Department of Health and Human Services not to exclude health insurance brokers commissions from a provision in the 2010 health reform law has been “devastating to brokers,” broker advocate Janet Trautwein said during an August speech in Fishers, and there are signs that Congress will act to reverse the policy.

Gloomy outlook for medical device makers

The next four years could be rough for makers of medical devices and orthopedic implants, including Bloomington-based Cook Medical Inc. and Warsaw-based Zimmer Holding Inc. and Biomet Inc.—and not because of the 2010 health reform law.

Roche hopes to prosper from austerity

Executives at Roche Diagnostics expect the wave of austerity measures being taken by western governments—including the United States—to as much as double its sales of fluid- and DNA-based tests in the next three years.

Study spoils common wisdom on health spending

The Thomson Reuters study that showed Anderson as the highest-spending health care market in the nation also concluded that treatment and spending vary widely from one locale to another with no clear reason based on demographics or health outcomes.

Residential

On a seasonally adjusted basis, the pace of mortgage loan applications decreased 9.6 percent for the week ended Aug. 26, according to the Mortgage Bankers Association. The rate for 30-year mortgages decreased to 4.32 percent from 4.39 percent the previous week. The rate for 15-year mortgages fell to 3.49 percent from 3.56 percent.

Construction

-Duke Realty has been hired to complete a 14,017-square-foot expansion of Delco Foods’ corporate headquarters and distribution facility at 4850 W. 78th St. in Park 100.

-DB Klain Construction has completed a 1,400-square-foot retail build out for Amy’s PJs in Clearwater Village, 3961 E. 82nd St.  

-Capitol Construction Services has completed an 808-square-foot build-out for The Art of Shaving in the Fashion Mall, 8702 Keystone Crossing.

People

-Wurster Construction has added Terry Brown as project manager, David Harmer as contract administrator and Mark Heidelberger as superintendent.

–Harvey Levin has been promoted to state director of the multi-family group for Coldwell Banker Commercial Realty Services.

Leases/leasing contracts

-Carolina Logistics Services Inc. leased 135,682 square feet at 11947 Cumberland Road, Fishers. The tenant was represented by John Hanley and Terry Busch of CB Richard Ellis. The landlord, Sunbeam Development Corp., represented itself.

-Cadillac Ranch leased 15,000 square feet at the former Music Mill, 3720 E 82nd St. The tenant was represented by Michael Cranfill and Larry Davis of Sitehawk Retail Real Estate. The landlord, White River Investments LP, was represented by Joe Kenny of Broadbent Co.

-Kuntzman Trucking Inc leased 12,355 square feet at Sierra Gateway Park Building I, 853 S. Columbia Road, Plainfield. The tenant was represented by John Hanley of CB Richard Ellis. The landlord, Indy 40 Building I LLC, represented itself.

-King Systems Corp. subleased 10,000 square feet at 9200 E. 146th St., Noblesville. The tenant was represented by Andrew B. Morris of Summit Realty Group. The landlord, Pen Products, was represented by Brad King of Colliers International.

-Department of Veteran Affairs leased 9,630 square feet at 8888 Keystone Crossing.  The tenant was represented by Thomas Cortese of Acorn Group. The landlord, Philadelphia-based BPG Properties Ltd., was represented by John R. Robinson and Abby L. Cooper of Jones Lang LaSalle.    

-Smart Travel leased 6,046 square feet at 9000 Keystone Crossing. The tenant was represented by John Crisp of Cassidy Turley. The landlord, Philadelphia-based BPG Properties Ltd., was represented by John R. Robinson and Abby L. Cooper of Jones Lang LaSalle.

-Stonegate Mortgage Corp. leased 5,772 square feet at South Park III, 1499 Windhorst Way, Greenwood. The tenant was represented by Nick Svarczkopf of CB Richard Ellis. The landlord, South Park Group LLC, was represented by Brian Dell of Summit Realty Group.

-Madmol Inc. leased 5,246 square feet at Metrocentre Business Park, 6330 E. 75th St. The tenant was represented by Rick Trimpe of CB Richard Ellis. The landlord, Metro Center Office Park LLC, was represented by Nick Svarczkopf of CB Richard Ellis.

-Connections Inc. leased 4,578 square feet at 7333 E. 21st St. The tenant and landlord, East 21st Street LLC, were represented by Matt Jackson of Ambrose Property Group.

-Happy’s Pizza leased 2,650 square feet at 3820 N. College Ave. The tenant was represented by Craig Ramsay of Sitehawk Retail Real Estate. The landlord, DM Property Management Inc., was represented by John Byrne of Cassidy Turley.

-Tetherball LLC leased 2,049 square feet at Three Meridian Plaza, 10333 N. Meridian St., Carmel. The tenant was represented by Tim Hull of CB Richard Ellis. The landlord, ARI-Meridian Plaza LLC, was represented by Nick Svarczkopf of CB Richard Ellis.

-Richard Herd leased 1,500 square feet in Sycamore Springs Office Park, 4725 Statesman Drive, Suite F. The tenant was represented by Bill Scott of Equis. The landlord, MSE Realty LLC, was represented by Ashley Bussell and Ralph Balber of Newmark Knight Frank Halakar.

-Smoke N Save LLC leased 1,431 square feet at Greenbrook Shoppes, 8305 U.S. 31. The landlord, Williams Realty Nine LLC, was represented by Tom English and John Baker of Sitehawk Retail Real Estate. The tenant represented itself.

-Regis leased 1,400 square feet of space in Water Place Park, 8935 N. Meridian St. The tenant was represented by Patrick McCaffery of Cresa Partners. The landlord, Equicor Development Inc., was represented by Ashley Bussell and Ralph Balber of Newmark Knight Frank Halakar.

-Subway Sandwich Shops renewed its lease for 1,250 square feet at Harbourtown Center at Morse Lake, Noblesville. The tenant and landlord, Harbourtown Center LLC, were represented by Bill Ernst of Charter Commercial Realty Group.

-Shelter Mutual Insurance leased 500 square feet of office space at 720 Fry Road, Greenwood. The tenant and landlord, L-Five Properties LLC, were represented by Cathy Richards and Mike Kensill of Lee & Associates.

Sales/acquisitions

-Speedway LLC bought the site of a former Shell station at 6201 N. Keystone Ave. The price for the 59,242-square-foot site wasn’t disclosed. The buyer was represented by Joe Tarpey of Colliers International. The seller, Trustee John White, was represented by Ralph Balber of Newmark Knight Frank Halakar.

-Asher Mattan Real Estate Holdings II bought 1,400 square feet of office space at Promise Road Business Park, 12574 Promise Creek Lane, Unit 134, Fishers. The price wasn’t disclosed. The seller, Promise Road Business Park LLC, was represented by Paul Dick and Kevin Dick of Colliers International. The buyer represented itself.

-BGM Central Indiana bought 2,100 square feet of office space at Promise Road Business Park, 12574 Promise Creek Lane, Unit 126, Fishers. The price wasn’t disclosed. The buyer was represented by Jason Childress of BGM Realty Inc. The seller, Promise Road Business Park LLC, was represented by Paul Dick and Kevin Dick of Colliers International.

Man found fatally shot inside car

A man found dead early Friday morning inside a car on the southeast side of Indianapolis apparently had been shot, according to Indianapolis police. Officers were called to the scene just before 1 a.m. Upon arrival, they found Samuel McDaniel, 55, inside a silver Cadillac CTS behind a home in the 3500 block of Van Buren Street. McDaniel was pronounced dead at the scene.

Driver flees after wheelchair collision

Indianapolis police are investigating a hit-and-run accident Friday morning in which a vehicle struck a woman in a wheelchair. Officers were dispatched to East Michigan Street and North Meridian Street at about 7 a.m. Police say the suspect’s vehicle continued to drive south on North Meridian Street and turned west on Vermont Street. Donna Grayson, 51, was taken to Wishard Hospital in good condition.