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14312 results for 'articles'

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Online grocer plans 238 jobs in Indianapolis

June 2, 2014

Peapod Inc., an online grocery-delivery service, is seeking city tax incentives to help it with an expansion that would create 238 jobs by 2018. The jobs would pay about $15 per hour.

Patent lawsuits limited by Supreme Court in two rulings

June 2, 2014

The U.S. Supreme Court ruled against patent holders in two cases Monday, rejecting a legal theory used to sue technology companies and requiring patents to be written with more specific language.

Mainstreet eyes more ‘crowdfunding’ for nursing homes

June 2, 2014

After raising $1.8 million via the Internet for a new nursing home in Bloomington, the Carmel-based developer thinks it has found a more efficient source of fundraising for further construction.

Why are we so fat? Our food, health care are so cheap

June 2, 2014

Two new studies show that Americans have every economic incentive to consume too much food and then, when that overeating creates health problems for them, to consume lots of health care to fix it.

Company news

June 2, 2014

Indianapolis-based health insurer WellPoint Inc. will start paying cancer doctors $350 per month more for every WellPoint patient they treat—if the doctors agree to follow WellPoint’s recommended treatment plans, according to the Wall Street Journal. The program aims to curb the 25-percent annual growth in spending on cancer care and to reduce the nearly one-third of chemotherapy patients who receive treatment conflicting with current medical evidence and best practices. The extra payments are also designed to make it easier financially for oncology practices to prescribe lower-cost drugs—because the revenue oncologists make from those drugs is less than more expensive drugs. Because oncologists not only prescribe, but also infuse many cancer drugs into their patients, the drugs often account for a substantial amount of their practice revenue. The program will be implemented July 1 in Georgia, Indiana, Kentucky, Missouri and Wisconsin.

Radiopharmaceuticals maker Zevacor Molecular plans to open a $40 million medical isotope-production facility in Noblesville, creating nearly 50 jobs within five years. Noblesville will provide an estimated $1.9 million—about 85 percent of the new property taxes the project should produce—in equipment and other necessities, according to a development deal the Common Council unanimously approved Tuesday. The agreement also calls for Zevacor to get a 95-percent abatement on personal property taxes for 10 years. Zevacor, which has eight employees and an office in Fishers, is a for-profit subsidiary of Decatur, Ill.-based not-for-profit Illinois Health & Science—also the parent of Decatur Memorial Hospital. It operates hospital cyclotrons and nuclear pharmacies in several states, said Kenneth Smithmier, Illinois Health’s president and CEO. A similar facility in Noblesville had been planned three years ago by Positron Corp., but the company failed to line up the necessary financial support.

The Indiana University School of Medicine will help oversee a three-year, $30 million concussion study being funded by the Indianapolis-based NCAA and the U.S. Defense Department, according to the Associated Press. The study, which will involve athletes from as many as 30 universities, will be led by IU's School of Medicine in collaboration with the University of Michigan and the Medical College of Wisconsin. IU researchers aim to collect data on 37,000 athletes.

Indianapolis-based OurHealth LLC plans to create a network of health care clinics serving employers across Indiana over the next four years and hire up to 450 people. The 5-year-old company has pledged to invest nearly $20 million, which would include the cost of doubling the size of its headquarters downtown. It currently leases about 10,000 square feet at OneAmerica Tower. OurHealth also plans to lease real estate for a series of 3,500-square-foot health clinics across the state. In June, OurHealth plans to begin hiring certified medical assistants, health coaches, nurses, nurse practitioners, physician assistants and doctors to staff its clinics. OurHealth’s website already has posted job openings in Kokomo, Logansport, Madison, Merrillville and Indianapolis. The firm employs more than 120 people and operates 15 clinics, most of which are dedicated to a single employer. The new clinics typically would serve multiple employers.

French drug company Sanofi will seek to sell Eli Lilly and Co.’s erectile dysfunction drug Cialis without a prescription, the companies announced last week, according to Bloomberg News. Sanofi will apply for approval of Cialis as an over-the-counter treatment in the United States, Europe, Canada and Australia, and will market the drug after certain patents expire. The deal hinges on regulatory approval in each country—a big question mark, according to analysts. The plan gives Sanofi access to a drug that garnered $2.16 billion in sales last year and faces generic competition in 2017.

People

June 2, 2014

Erica Wehrmeister will become chief operating officer of Indianapolis-based St. Vincent Indianapolis Hospital on June 30. For the past three years, Wehrmeister has been chief operating officer at Lutheran Hospital in Fort Wayne and before that was COO at Dupont Hospital in Fort Wayne. In addition, she served in a variety of Fort Wayne-based clinical and nursing positions at Orthopaedics Northeast and Parkview North Hospital. Wehrmeister earned an MBA with a concentration in health care from Indiana Tech and a bachelor’s degree in nursing from Ball State University.

White out as WISH-TV GM after talent turnover

June 2, 2014

Jeff White had been at the helm of Channel 8 for 9 years, and recently oversaw some high-profile departures from the news and weather desks.

EPA: Indiana must cut carbon emissions 20 percent

June 2, 2014

Indiana has three years to come up with a plan to achieve the reductions, which were announced Monday by the EPA. The Indiana Chamber of Commerce called the requirements "potentially devastating."

EA Sports to settle with NCAA athletes for $40 million

June 2, 2014

The settlement is with Electronic Arts and Collegiate Licensing Co., which licenses and markets college sports, and does not include the NCAA. A separate case against the Indianapolis-based NCAA is scheduled for trial early next year.

Anderson’s Paramount Theatre seeks donations

June 2, 2014

The landmark Paramount was saved from demolition 25 years ago, but the man who saved it left $800,000 in mortgage debt when he died last month.

Ownership move delayed for Anderson’s Wigwam gym

June 2, 2014

Leaders of the private Wigwam Sports & Entertainment group are scheduled to present their proposal for reusing the 9,000-seat gym to the city Redevelopment Commission on Tuesday.

UPDATE: State off to slow start boosting veteran businesses

June 2, 2014

State figures show that about 1 percent of contracts have gone to Veterans Business Enterprises, while Gov. Mike Pence set a 3-percent goal when the push started last summer.

Council to consider citywide landlord registry

June 2, 2014

Indianapolis landlords would have to register with the city by Jan. 1 or face a $500 fine under a proposal that will be introduced to the City-County Council on Monday night.

Obama seeks to cut U.S. power plant carbon by 30 percent

June 2, 2014

The plan isn’t expected to make a meaningful difference in reducing climate change, but will give President Obama evidence of America leading by example as he tries to persuade other nations to cut their carbon emissions.

You-review-it Monday

June 2, 2014

Did you get to Indy Pop Con? Wear your prom finest to “Carrie: The Musical”?

Financial questions hound Indiana state treasurer candidates

June 1, 2014

Financial questions from years-old deals are dogging two top candidates seeking the Republican nomination for state treasurer and evoking memories of previous intraparty battles.

Democratic gathering spurs talk of 2016 candidates

May 31, 2014

The official business of the Indiana Democrats' convention Saturday may have been to formally nominate candidates for 2014, but much of the talk was about two politicians eyeing a run for governor.

PHILANTHROPY

May 30, 2014

King Park Development Corp., a community development corporation on the near-north side, has hired Steven A. Meyer as executive director. Meyer, who has been assistant administrator of brownfield redevelopment for the city since 2011, joins King Park effective June 16. He replaces longtime leader Janine Betsey, who left in October. Meyer is a 2009 graduate […]

Indianapolis cancels cricket championship

May 30, 2014

“Deteriorating” communications with the sponsoring organization forced the decision, the city of Indianapolis announced Friday afternoon.

Driver Busch credits IndyCar for increased 500 TV ratings

May 30, 2014

The ratings increase could be attributed to Kurt Busch running both the Indy 500 and the Coca-Cola 600 on the same day, the first double attempt since 2004.

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