Fortune Industries reports higher profit, lower revenue
Indianapolis-based professional employer organization reported fiscal-year profit of $828,000, an 85-percent increase from fiscal 2009. Revenue, however, fell 20 percent, to $60.7 million.
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Indianapolis-based professional employer organization reported fiscal-year profit of $828,000, an 85-percent increase from fiscal 2009. Revenue, however, fell 20 percent, to $60.7 million.
Indiana University President Michael McRobbie says the university is in "constant campaign mode," and private philanthropy is vital for enhancing student financial aid, endowed faculty chairs, specialized buildings and academic initiatives.
An Oct. 13 workshop will offer tours of Purdue University's vineyard at Meigs Farm during which participants will learn the basics of juice and wine quality control. The workshop is run by the school's Wine Grape Action Team, a group that aims to help Indiana vintners and wine grape growers.
The Republican hoping to be Indiana's next top election official committed voter fraud when he cast a ballot in the May primary using his ex-wife's home as his address, Democrats alleged Tuesday.
The CEO is on his way out and the board has been dissolved at Rehabilitation Hospital of Indiana, as its owners—Clarian Health and St. Vincent Health—work to pull the hospital closer to their own operations.
Clarian Health named Dr. Philip Dulberger CEO and chief medical officer of its Clarian Saxony Medical Center, which is under construction in Fishers. Dulberger, an anesthesiologist, was hired by Clarian in 2006 to lead the development of the new hospital.
BioCrossroads has elected Darren Carroll, vice president of new ventures at Indianapolis-based Eli Lilly and Co., to the organization’s board of directors. Carroll oversees Lilly’s venture capital investments in the U.S. and Asia. He has previously chaired investment advisory committees for investment funds operated by BioCrossroads, an Indianapolis-based life sciences development group.
Eli Lilly and Co. named Jeffrey Winton its vice president of communications. Beginning Oct. 11, he will report to Bart Peterson, Lilly’s senior vice president of corporate affairs and communications. Winton has worked in communications roles for a variety of pharmaceutical firms, including Bayer Healthcare Pharmaceuticals, Schering-Plough, Pharmacia, Hoffmann-La Roche and American Cyanamid.
Jessica Jochim, a physician assistant, has joined St. Francis Medical Group Vascular Surgeons. She did her medical training at Butler University.
Indianapolis-based Adult and Child Center won $2 million from the federal Substance Abuse and Mental Health Services Administration to improve access to primary care for Americans with serious mental illnesses. Such patients die, on average, 25 years earlier than those without such conditions, according to a 2006 report by the National Association of State Mental Health Program Directors. During the four-year project, Adult and Child will have a primary-care physician and nurse care coordinator available to patients at its mental health center. The medical staff will try to address patients with mental illnesses who also suffer from chronic diseases, such as diabetes, heart disease and obesity.
A $1.9 million federal stimulus grant will enable the Indiana University School of Medicine's department of family medicine to add two residents a year in the Lafayette area. IU’s family medicine residency program currently accepts 10 doctors annually for post-med-school training as family physicians. The grant will enable the program to add two residency slots in collaboration with Clarian Arnett Health, St. Elizabeth Regional Health and Riggs Community Health Center in Lafayette. IU med school officials hope graduates of the residency program will set up medical practices in and around Lafayette, which like much of Indiana has a shortage of primary-care physicians. The expansion of the residency program will be effective in July 2011.
Lilly Endowment Inc. gave $4 million to Indiana University to help address ethical, legal and social issues involved in the growing sharing and study of health information. IU will create the Center for Law, Ethics and Applied Research in Health Information (CLEAR Health Information). The center also will partner with government, industry and not-for-profit groups in an effort to increase reliability and trust in the use of health information.
Columbus Regional Hospital is suing the Federal Emergency Management Agency to recover $17.1 million in federal funds the hospital claims it is owed due to damages caused by a massive flood. The June 2008 flood, designated a federal disaster, caused $167 million in damages and business-income losses to the hospital, which did not fully reopen until nearly five months later. The suit, filed Sept. 15 in U.S. District Court in Indianapolis, accuses FEMA of violating federal regulations, negligence and misrepresentation for failing to pay the full amount the hospital says it is owed. The flooding from nearby Haw Creek filled the hospital’s basement to the 12-foot ceiling and partially submerged the first floor. Key medical equipment destroyed by the flood included radiology scanners, radiography and fluoroscopy systems, ultrasounds, cardiac-catherization labs, biopsy tables and biochemical analyzers.
Health insurers won fairly broad leeway under key rules suggested by state insurance commissioners that will govern what kinds of expenses count toward meeting a new federal threshold to spend at least 80 percent of premiums dollars on medical care.
A 20-year-old Indianapolis man was shot to death just after 10 p.m. Monday near East 37th Street and Sherman Drive. The victim and a friend were walking along Sherman Drive when a vehicle, described as a silver 2000 Mercury Grand Marquis or Ford Crown Victoria carrying three black men, drove past them and then returned moments later. A thin male with dreadlocks exited the rear of the vehicle and fired shots, hitting the victim in the face. He died at Wishard Hospital about a half-hour later.
The Country Inn & Suites at 4325 Southport Crossing Way in Indianapolis was robbed about 6:45 Tuesday morning. A man accused of the crime was caught a short time later following a police chase on the south side. The chase ended after the suspect ran into a utility pole at Moreland Avenue and Minnesota Street. Police believe the suspect could be connected to other robberies.
Lawrence police are investigating the overnight armed robbery of a Wal-Mart. Police said a heavy-set white man armed with a gun robbed the store on Pendleton Pike near Sunnyside Road about 2:45 a.m. Tuesday. The man forced two cashiers to empty their registers, an employee said. The suspect escaped in a dark blue Ford Taurus. Police are reviewing surveillance video. Fox59 will have more at 4 p.m.
Going after young players could win college coaches some job security in the short run. But in the long run, the strategy is fraught with pitfalls.
The Hamilton County sports and recreation campus—known as the "Family Sports Capital of America"—is expected to occupy 300 acres and cost millions to fully develop.
Indianapolis-based technology firm Communications Products Inc. scores its second big government contract in nine months.
Win tickets to a sneak preview of the Cary Mulligan/Keira Knightley film.
City leaders argue the termination fee would be paid only if the city breaks the 50-year agreement after the City-County Council signs off on the deal, not if the contract doesn’t win approval.
Details of the confidential agreement were not made public. The union said in a letter to Star employees that the eight will receive a financial settlement but will not be rehired.