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The vacant Sherman Park business complex on the east side has been taken from a private developer in a bankruptcy reorganization, and several parcels of the 49-acre property are listed in the county's annual tax sale.
The report says a total of 100 medical errors were reported in 2012, the same number as 2011.
The group that oversees Indiana’s economic development initiatives for life sciences, information technology, transportation and clean technology is moving toward a fifth thrust focused on nutrition.
Community Health Network hired Wayne Pack as its chief human resources officer, replacing Jill Parris, who is retiring at the end of the year. Pack previously was senior vice president for human resources in the Americas division of Indianapolis-based Brightpoint North America, and before that was vice president of worldwide human resources at Carmel-based Thomson. Pack holds a bachelor’s degree from Tennessee Technological University.
Dr. David Williams has been named president of the west region of Community Health Network. Williams has held numerous leadership positions at Community Westview Hospital, including chief physician executive and chief of staff. He holds a bachelor’s degree from Ohio University in Athens and a doctor of osteopathy degree from Kansas City University of Medicine and Biosciences.
Sarah Knisely-King, a registered nurse, has been named chief operating officer and chief nursing executive for Community Health Network’s south region. She was most recently director of emergency services at Community Hospital South. Knisely-King holds a bachelor’s degree in nursing from Purdue University and a master’s degree in nursing administration from Lewis University.
Hendricks Regional Health Medical Group has hired Dr. Julia Ruckman, an OB/GYN, as part of its Westside Physicians for Women practice in Avon. Ruckman holds a bachelor’s degree from Indiana University and a medical degree from the Indiana University School of Medicine.
Dr. Frances Russell has joined Wishard-Eskenazi Health in emergency medicine. She received her undergraduate degree from Iona College and medical degree from the University of Wisconsin.
Dr. Constantine Albany has joined Wishard-Eskenazi Health in its special medicine oncology clinic. He received his medical degree from Techreen University in Syria.
Dr. Zachary Kahler has joined Wishard-Eskenazi Health in emergency medicine. He received his undergraduate degree from Carnegie Mellon University and medical degree from the University of Arizona.
By year end, the St. Vincent Health hospital system will spin off its New Hope organization for Hoosiers with development disabilities. St. Vincent New Hope will become a stand-alone organization that will continue to run group homes for its patients. New Hope started offering counseling, day programs and residential housing in 1978. About a decade later, St. Vincent joined forces with New Hope. St. Vincent Health will make a cash infusion to New Hope and also donate to New Hope more than 38 central Indiana group home properties. Jim Van Dyke, executive director of St.Vincent New Hope, said in a prepared statement, “This new phase in our history will allow us to implement even stronger programs that will enable New Hope to continue serving our clients well into the future.”
Major health insurers, including WellPoint Inc., are in line for another year of growth, thanks to Obamacare, according to Bloomberg News. Bloomberg cited Barclays Capital analyst Joshua Raskin, who in a research note late last week said the Medicaid expansion funded by Obamacare should help drive enrollment growth next year, and the health insurance exchanges in each state will wind up being a "very small" influence. WellPoint shares rose 57 cents Monday morning to $89.66 each.
Admissions at Indiana University Health hospitals in the first half of the year dipped 4.3 percent, prompting IU Health executives to give pink slips to about 800 employees, according to an announcement Thursday morning. Meanwhile, however, IU Health's business is stronger than ever, with income from operations shooting up nearly 20 percent in the first half of the year.IU Health currently has 36,000 employees, although many of them work part time. Its full-time-equivalent work force totals 27,000. For all of 2012, IU Health had revenue of $5.6 billion. IU Health’s decision comes less than three months after Indianapolis-based St. Vincent Health laid off 865 workers in late June, which was part of a 5,000-worker layoff by its parent organization, St. Louis-based Ascension Health Alliance. IU Health CEO Dan Evans said in an April interview that the hospital system is trying to cut $1 billion in expenses by 2017. So far, IU Health has been able to offset its decline in hospital admissions with an 8-percent price increase and by receiving more patient visits to its outpatient facilities. Excluding one-time items, IU Health income from operations rose 19 percent in the first half of 2013 compared to the same period in 2012. IU Health pulled in $186.3 million during those six months, compared with $156.6 million the year before. Inpatient admissions—those involving an overnight stay—had been climbing consistently throughout 2012. But then, in January, they started to fall.
Indiana University is cutting about 50 hourly workers at its Bloomington campus and shifting that work to a temporary staffing agency. Spokesman Mark Land said the move was in the works, but was accelerated so IU could avoid having to add those workers to the IU health insurance plan as required by the federal health care overhaul if they average more than 30 hours a week. Land told The Herald-Times that shifting 50 of the physical plant department's 650 jobs will also relieve the administrative task of managing the hours of seasonal workers. IU will have the Manpower agency hire the maintenance and custodial personnel after Sept. 28. The university will pay the agency an administrative fee to manage the workers.
Indianapolis-based Eli Lilly and Co. sued Canada last week, seeking $500 million in damages because the drugmaker thinks Canada’s courts violated the North American Free Trade Agreement by invalidating patents on two Lilly drugs. According to CBC News, Lilly had sought relief from Canada through arbitration, but will now take its complaint before a three-member tribunal. Lilly is suing because Canadian courts struck down some of its patents on its former bestseller Zyprexa, an antipsychotic medication, and on Strattera, a medicine to treat attention-deficit hyperactivity disorder. Lilly says the court rulings, issues from 2009 to 2011, cost Lilly hundreds of millions in sales because they allowed cheaper generic versions of the drugs to undercut Lilly’s brand-name products sooner than would have otherwise occurred. "Patent decisions in Canada over the last decade not only fly in the face of long-established international standards, but they're subjective and completely unpredictable," Doug Norman, general patent counsel for Eli Lilly, said in a prepared statement.
Family and Social Services Administration Secretary Debra Minott took questions on the Healthy Indiana Plan two weeks after the federal Centers for Medicare and Medicaid Services signed off on a one-year extension and some sizable changes to the program, including a new limit on earnings.
A flight bound for Dallas made an emergency landing at Indianapolis International Airport on Monday morning. The American Airlines MD-80 experienced an unspecified mechanical problem. About 140 people were aboard the flight. Airport officials said the plane landed safely and the passengers were taken back to the terminal. Maintenance crews were examining the plane.
Two masked suspects held up the Hendricks County Bank and Trust branch Monday morning in Avon, prompting a lockdown of the nearby Kingsway Christian School. Police say the suspects fled the scene at 963 North State Road 267 in a stolen van, which they ditched. Police were using dogs to try to track the suspects.
A 19-year-old Indianapolis man was shot to death early Monday at the Warren Harbor apartment complex, near East 21st Street and North Post Road. Police discovered the body of Connor Lee in a hallway shortly after being called to the scene about 12:40 a.m. Police say they have a witness to the shooting, but no suspect in custody.
The widow of medical device industry pioneer Bill Cook again is the top Hoosier on the latest Forbes 400 list of the nation’s wealthiest people, and this time has cracked the top 100.
I follow these blogs to keep up on health care financing. Tell me what else I should be reading.
Indiana will soon require beneficiaries to appear in-person at WorkOne centers. The state hopes the counseling that people receive will reduce their job-search time by two weeks and, because they’ll have to show identification, take a big bite out of fraud.
Major health insurers like WellPoint Inc. are in line for another year of growth, as the health care overhaul implements key elements in its push to cover millions of uninsured people.
The 3-percent bump last month was cause for relief after pending agreements in July broke a two-year streak of gains.
The judges will primarily visit K-12 schools and most will distribute pocket-sized versions of the state constitution, the federal constitution and the Declaration of Independence to students.
Indianapolis Business Journal gathered leaders in the state's commercial real estate and construction industry for a Power Breakfast panel discussion Sept. 13. The following is an unedited transcript of the discussion.
On Wednesday, the Federal Reserve is expected to take its first step toward reducing the extraordinary stimulus it's supplied to help the U.S. economy rebound from its deepest crisis since the Great Depression.
Merchandise sales for NFL teams represented by Indianapolis-based MainGate Inc. are up 27 percent over the same period a year ago. A line of goods commemorating Peyton Manning's return to Indy could push sales higher.
The weekend included concerts all around town. Which did you get to?
Amtrak officials are continuing to emphasize that the future of a repair facility south of Indianapolis could hinge on whether it begins receiving $3.1 million in annual state funding for passenger train service between Indianapolis and Chicago.
