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Marion among counties picked for pre-K pilot program

July 22, 2014

Five Indiana counties will be part of the state’s preschool pilot program for low-income children, which could be launched in early 2015.

Wabash College religion center gets $7.8 million

July 22, 2014

The grant will let the center continue programming through 2018. It brings to more than $48 million the total grants the Indianapolis-based Lilly Endowment has given the center.

IU business school expansion nearing completion

July 22, 2014

Started in May 2012, the 90,000-square-foot expansion on four stories adds classrooms, meeting spaces and career training offices to the undergraduate business building in Bloomington.

UPDATE: Lowe’s to invest $20.5M in customer-service center

July 22, 2014

The home-improvement retail titan plans to begin hiring immediately for the center on the northeast side, pledging to employ as many as 1,000 workers making wages of $10 to $14 per hour.

Downtown roundup: BL&T, Mo’s, Starbucks and Pattern

July 22, 2014

A new restaurant is set to take space at 1 N. Meridian St., Mo’s is reopening and a popular Starbucks location is temporarily closed for remodeling.

Hauke accounting firm to pay $1.8M in fraud settlement

July 22, 2014

DeWitt & Shrader PC, an Indianapolis-based accounting firm that worked for convicted Ponzi schemer Keenan Hauke, has agreed to settle a state lawsuit, Indiana Secretary of State Connie Lawson announced Tuesday.

Area home-construction permit filings tick up

July 22, 2014

Filings in the nine-county metro area have shown slight year-over-year improvement in four of this year’s six months.

Fishers conference center property owner files bankruptcy

July 22, 2014

Fishers Banquet & Conference Center’s owners insist business is booming despite a recent bankruptcy filing by the entity that owns the property at 9779 North by Northeast Blvd.

Interactive Intelligence set to break ground on $12.5M building

July 22, 2014

The 119,000-square-foot structure will be built next to the software developer’s headquarters on the northwest side as part of its growth plans to add 430 employees within the next few years.

Judge blocks ordinance aimed at I-69 work noise

July 22, 2014

Marion County Judge David Dreyer issued a temporary injunction Monday blocking a Monroe County ordinance that limited noise on the project between 10 p.m. and 6 a.m.

Lowe’s plans massive local call center, sources say

July 21, 2014

Home improvement retail giant Lowe’s Companies Inc. plans to open a call center on the northwest side of Indianapolis that could employ as many as 1,000 workers, sources familiar with the deal said Monday.

Will hospitals’ higher facility fees survive health reform?

July 21, 2014

One of the open secrets in health care is that hospitals are paid substantially more than independently owned health care facilities for the same procedures. But those higher fees are facing unprecedented pressure.

Online insurance brokerage sets sights on Indiana

July 21, 2014

Obamacare could, according to some health insurance experts, cause most small businesses to end their group health plans. Now a new venture-backed company opening up shop in Indiana is trying to make that prediction a reality.

Western Indiana health care system announces cuts

July 21, 2014

A health care system that includes a Terre Haute hospital says it will cut 150 jobs by the end of the year.

People

July 21, 2014

Community Health Network named Dr. Michael Shrift its chief medical information officer. He previously worked at Cleveland Clinic as associate chief medical information officer, and before that held positions at Allina Hospital and Clinics in Minneapolis and Centura Health in Denver. Shrift holds a bachelor’s degree in human biology from Stanford University. He earned his medical degree from the State University of New York Health Sciences Center. He also earned an MBA from the University of Denver.

Gina Arnett Thompson, former executive director of statewide regulatory affairs for Indiana University Health, has joined the health care group of the Indianapolis law firm Krieg DeVault LLP. Thompson holds an associate’s degree in nursing and a bachelor’s degree from Indiana State University. She earned a law degree from the Indiana University Robert H. McKinney School of Law.

Company news

July 21, 2014

Assembly Pharmaceuticals Inc., which had offices in Indiana, has merged with New York-based Ventrus Biosciences, a publicly traded drug development firm, to create Assembly Biosciences. The new company trades on the NASDAQ stock market under the ticker symbol ASMB. Assembly has been developing antiviral drugs focused on hepatitis B based on the scientific research of Adam Zlotnick, a professor of molecular and cellular biochemistry at the Indiana University Bloomington campus. Zlotnick co-founded Assembly in 2012 with IU chemist Richard DiMarchi; IU biochemist William Turner; Dr. Uri Lopatin, an infection disease researcher based in San Francisco; and Indianapolis entrepreneur Derek Small. Small will be chief operating officer of Assembly Biosciences.

Eli Lilly and Co. signed a $45 million drug-development deal with United Kingdom-based biotech company Immunocore Ltd., according to the Wall Street Journal. Immunocore is trying to develop injectable cancer treatments that would direct the immune system’s T cells to get inside cancer cells and kill them. Immunocore will receive $15 million from Lilly upfront for each of three drug programs that have not yet entered human testing. If Lilly decides to take the treatments into the next stage of development, Immunocore can either receive a fee of $10 million to co-invest and develop the drugs or let Lilly develop the drugs while still retaining a right to future royalties if the drugs hit the market. Last year, Immunocore signed partnership deals with four other drug companies: Roche, GlaxoSmithKline, AstraZeneca and Adaptimmune. Immunocore and Adaptimmune were previously one company called Avidex, formed based on patents licensed from the University of Oxford.

Indiana will be one of up to 20 new states in which Minnesota-based UnitedHealth Group will compete on the Obamacare exchanges later this year. The health insurance giant sold on just four Obamacare exchanges for 2014, but will greatly expand its activity selling policies for 2015, according to the Associated Press. In Indiana, UnitedHealth has told the Indiana Department of Insurance it expects to sign up about 5,000 customers via plans sold under the All Savers brand. UnitedHealth representatives have told Indiana health insurance brokers that the company will make plans available for 2015, even though the specific states in which UnitedHealth will sell on the Obamacare exchanges has not been publicly released by the company. The exchanges, which are online marketplaces for health insurance, are the only place consumers can access Obamacare’s generous tax credits to reduce the cost of health coverage. UnitedHealth CEO Stephen Hemsley told Wall Street analysts on July 17 that the exchanges will become a more established part of future health care benefits, and UnitedHealth doesn’t want to enter those markets too late.

This isn’t what St. Vincent Health wanted. The Indianapolis-based hospital system’s clerical error of May 5, which sent 63,325 letters about patients' upcoming appointments to the wrong people, is now being cited by the information technology world as an example of the surge in data breaches. Trade publication PC World referred to the data breach at the St. Vincent Breast Health Center in an article headlined, “The 5 biggest data breaches of 2014 (so far)” (although the St. Vincent breach, in sheer number of people affected, wasn’t actually one of the five largest breaches). Also, SC Magazine, a trade publication for IT security professionals,  flagged the St. Vincent breach and even posted the letter the hospital system sent to its patients. According to the Identity Theft Resource Center, there have been 21 percent more data breaches publicly reported in the United States so far this year, compared with the same period in 2013.

Byrd’s flying north to renovated Fountains facility

July 21, 2014

The Carmel banquet center formerly known as The Fountains is being remodeled to accommodate new tenant Jonathan Byrd’s Catering.

REVIEW: ‘Miles & Ellie’ at the Phoenix Theatre

July 21, 2014

Who’d have thought that the place to go for a Teflon summer romantic comedy would be the Phoenix Theatre?

Well-known east-side Mexican eatery closes

July 21, 2014

El Sol de Tala, a staple on East Washington Street for several decades, shut its doors earlier this month amid a court dispute between the restaurant's owner and his landlord.

Developer seeks $11.5M subsidy for Carmel project

July 21, 2014

Edward Rose Development Group is asking the city to issue tax-increment financing bonds to help pay for a parking garage and infrastructure in an $80 million project it’s planning.

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