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IU doc group becomes Eskenazi Medical

A group of 123 doctors, nurse practitioners and physician assistants have formed the Eskenazi Medical Group in order to focus on maximizing patient care and related bonus payments at Wishard Health Services.

Fries spark apartment fire

A cooking accident led to a fire that displaced 30 residents from the Meadows Apartments early Sunday morning on the northeast side of Indianapolis. A resident said she left French fries in hot oil on the stove unattended for a minute and returned to find her kitchen on fire. Two apartment units were heavily damaged by the fire and a 3-year-old was treated for smoke inhalation. Victim-assistance personnel with the fire department are working to find shelter for residents.
 

Little 500 big trouble for police

Police officers issued hundreds of tickets and incarcerated dozens of people in Bloomington during Indiana University’s Little 500 events over the weekend. Police issued 256 tickets, an increase of 89 from a year ago. Police said a majority of the tickets were for alcohol offenses, particularly illegal possession or consumption of alcohol. Arrests were made for theft, trespassing, possession of marijuana, resisting law enforcement, false informing, furnishing alcoholic beverages to a minor, and public intoxication. Authorities said tougher enforcement led to the increase in tickets.
 

Trend lines look good for WellPoint

More people have jobs and yet the use of health care remains stagnant—which should drive nice profits when WellPoint Inc. reports first-quarter earnings on Wednesday. The trends even have some wondering if consumer-driven health plans are finally starting to make a real difference in Americans’ health care spending habits.

Auction firm says Miller, Manning items could spike

New York-based Clean Sweep Auctions says Peyton Manning's Broncos memorabilia will never touch the value of his Colts items. Value of Reggie Miller items likely to rise after Hall of Fame induction.

People

Katherine Peck has been named executive associate dean for administration, operations and finance at the Indiana University School of Medicine. Peck  was associate dean of financial services at the University of Florida College of Medicine. Before joining the University of Florida in 2000, Peck was the controller for several private companies in a variety of industries including biotechnology, manufacturing and environmental waste management. Peck holds a bachelor’s degree from Oberlin College and an MBA from Yale University School of Management.

Dr. Glenn Dobbs will provide obstetric services at Franciscan St. Francis Health’s Mooresville hospital. The arrival of Dobbs and the physician group he belongs to, Southside OB-GYN, helps Franciscan avoid a gap in obstetrics in Mooresville. The physician group that provides those services, Southwest Women’s Health, is scheduled to end its relationship with Franciscan-Mooresville in May. Dobbs, who specializes in high-risk obstetrics, did his medical training at Western University of Health Sciences in California.

Company news

Purdue University plans to start construction this summer on two academic buildings in a $79 million project for its newly designated Life and Health Sciences Park, according to the Journal & Courier of Lafayette. The $38 million Lyles-Porter Hall will house health programs, including Purdue's speech and hearing sciences department and the West Lafayette programs of the Indiana University School of Medicine. Purdue also is planning a $25 million Drug Discovery Building that will bring together pharmaceutical researchers from throughout the school. Plans are for the buildings and a new 850-space parking garage to be completed in 2014.

More than 70 workers will lose their jobs at Integra Specialty Hospital in Muncie when it closes in June. Hospital officials notified the Indiana Department of Workforce Development on Thursday that the 32-bed long-term-care facility will shut down on June 17. Renaissance Specialty Hospital of Central Indiana Operations Co. LLC, which operates Integra, did not provide a reason for the closing. The company said it expects that some of the 72 employees will be offered the opportunity to transfer to other long-term-care facilities.

Eli Lilly and Co. could receive up to $100 million from Washington, D.C.,-based Vanda Pharmaceuticals Inc., which licensed an alcohol-dependence drug from the Indianapolis drugmaker last week. The experimental drug, called LY686017, has been shown to reduce alcohol cravings and consumption in alcoholics. If it reaches the market, the drug would compete with Emend, a similar NK-1R antagonist made by New Jersey-based Merck & Co. Inc.

The government-contracting arm of WellPoint Inc. won a renewal of its contract, worth more than $111 million, to support the desktop program used by customer service representatives at the Centers for Medicare & Medicaid Services for the next five years. WellPoint’s National Government Services unit has held the contract since the program’s inception. The program helped Medicare’s call center field 26 million calls last year. NGS, which employs 2,000, also processed 170 million Medicare claims and administered benefits of $75.6 billion from the Medicare Trust Fund in 2011.

An animal rights group wants the federal government to fine a research institute owned by Indiana University Health for what it calls negligence toward animals, according to the Associated Press. The group Stop Animal Exploitation Now says IU Health's Methodist Research Institute had seven violations, including killing one dog and putting another dog in severe pain. According to a March report from the U.S. Department of Agriculture, a dog was fed before surgery, which violated proper protocol. The dog’s heart stopped, and it died. IU Health officials said in a statement that the use of animals in research has contributed significantly to advancements in health care.

Indiana auto-parts maker plans to add 120 jobs

ThyssenKrupp Presta Terre Haute LLC plans to spend $22 million to add three assembly lines and expand its manufacturing facility in Vigo County by nearly 70,000 square feet.

You-review-it Monday

For me, it was ‘The Mark of Zorro’ and ‘The History of Cardenio.’ What about you?

Participation in annual Komen event off 28 percent

Participation in Saturday's Central Indiana Race for the Cure in downtown Indianapolis dropped about 28 percent from last year's event, to 27,126. Last year's race, held on a cold, rainy day, drew 37,450 people.

Domes hold mystique for philanthropist Cook

Gayle Cook marvels at grand churches, courthouses and certainly, the awe-inspiring 200-foot-diameter dome above the West Baden Springs Hotel that she and her late husband, Bill, restored and reopened in the summer of 2007.

Construction

Capitol Construction has completed an 1,800-square-foot retail build-out for Hot Mama at 8702 Keystone Crossing.

Residential

The average rate for 30-year mortgages fell from 4.11 percent to 4.10 percent in the week ended April 18, according to Bankrate.com. The rate for 15-year mortgages was unchanged at 3.32 percent.

Leases/leasing contracts

-FEMA leased 34,252 square feet of office space at 6666 E. 75th St. The tenant was represented by Gavin Muldowney of UGL Services. The landlord, Zimmer Real Estate Services, was represented by Bryan Miller of Cassidy Turley.

-Tuesday Morning leased 14,178 square feet at Speedway Super Center, 6020 Crawfordsville Road, Speedway. The tenant was represented by Wayne O’Hara of Sitehawk Retail Real Estate. The landlord, Brixmore SPE 5 LLC, represented itself.

-The Department of Workforce Development leased 14,000 square feet of office space at 3400 Lafayette Road. The tenant was represented by R.J. Rudolph and Kara Riggle of Colliers International. The landlord, Earl Wade Boulware Revocable Living Trust, was represented by Bill Ehret and Alex Cantu of Summit Realty Group.

-Dollar Tree renewed its lease for 11,662 square feet at Southtown Center, 4300 S. Scatterfield Road, Anderson. The landlord, CSN LLC, was represented by Scott Gray of Sitehawk Retail Real Estate. The tenant represented itself.

-Webstream Productions Inc. leased 9,687 square feet at 5200 E. 64th St. The tenant was represented by Kyle Powell of Ambrose Property Group. The landlord, OrthoPros LLC, was represented by Matt Jackson of Ambrose Property Group.

-EMT leased 9,177 square feet at 12342 Hancock St., Carmel. The tenant was represented by Matt Jackson of Ambrose Property Group. The landlord, ATAPCO Carmel Inc., was represented by John Vandenbark of CBRE.

-United Food and Commercial Workers Union Local 700 leased 4,903 square feet at 3950 Priority Way South Drive. The tenant was represented by Matt Jackson of Ambrose Property Group. The landlord, PP Indianapolis V Project Corp., was represented by Tim Hull and Rick Trimpe of CBRE.

-Massey’s Pizza leased 4,280 square feet at Meridian Oaks Shoppes, State Road 135 and Main Street, Greenwood. The landlord, RCS Holdings LLC, was represented by Jeff Merritt of Summit Realty Group. The tenant represented itself.

-MedLab leased 2,429 square feet at the Indiana American Building 3, 521 E. County Line Road, Greenwood. The landlord, Indiana-American Associates LLC, was represented by Jeff Merritt and Tim Norton of Summit Realty Group. The tenant represented itself.

-Hathaway Strategies leased 2,281 square feet of office space at 303 N. Alabama St. The tenant was represented by Stephen Adams of Hokanson Cos. Inc. The landlord, DH Realty LLC, was represented by Jon Owens and Russell Van Til of Cassidy Turley.

-Tassani & Associates Inc. leased 1,672 square feet of office space at 111 Congressional Blvd., Carmel. Both the tenant and landlord, Lauth Property Group, were represented by Darrin Boyd and Dave Moore of Cassidy Turley.

-Midwestern Engineers Inc. leased 1,581 square feet of office space at 3500 Depauw Blvd. The tenant was represented by Darrell Pike of Pike Real Estate. The landlord, CP Pyramids Associates LP, was represented by Dave Moore, Bennett Williams and Darrin Boyd of Cassidy Turley.

-Dr. Justin Gilmore leased 1,580 square feet at 14643 N. Gray Road, Noblesville. The tenant was represented by Matt Jackson of Ambrose Property Group. The landlord, KRG Bridgewater LLC, was represented by Andrew Hasbrook of Kite Realty.

-The Indiana Association of Realtors leased 1,418 square feet of office space at 55 Monument Circle. The landlord, Winthrop Management LP, was represented by Bennett Williams of Cassidy Turley. The tenant represented itself.

-Chris Berger State Farm leased 1,200 square feet of retail space at 11428 Olio Road, Fishers. The tenant was represented by Kevin Dick and Paul Dick of Colliers International. The landlord, F&Z SWC of Olio LLC, was represented by Debra Courtney of Zinkan & Barker Development Co.

-Dr. Jared Himsel leased 1,200 square feet at 14350 Mundy Drive, Noblesville. The tenant was represented by Matt Jackson of Ambrose Property Group. The landlord, Prairie Lakes Development LLC, was represented by Darrell Pike of Pike Real Estate Services.

Sales/acquisitions

Select Medical Property Ventures LLC bought a 38,000-square-foot office building at 8060 Knue Road. The price wasn’t disclosed. The buyer was represented by Zane Brown of CB Richard Ellis. The seller, NorthStar Realty Finance Corp., was represented by Dave Moore and Darrin Boyd of Cassidy Turley.