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The decision last year by the U.S. Department of Health and Human Services not to exclude health insurance brokers commissions from a provision in the 2010 health reform law has been “devastating to brokers,” broker advocate Janet Trautwein said during an August speech in Fishers, and there are signs that Congress will act to reverse the policy.
The next four years could be rough for makers of medical devices and orthopedic implants, including Bloomington-based Cook Medical Inc. and Warsaw-based Zimmer Holding Inc. and Biomet Inc.—and not because of the 2010 health reform law.
Executives at Roche Diagnostics expect the wave of austerity measures being taken by western governments—including the United States—to as much as double its sales of fluid- and DNA-based tests in the next three years.
The Thomson Reuters study that showed Anderson as the highest-spending health care market in the nation also concluded that treatment and spending vary widely from one locale to another with no clear reason based on demographics or health outcomes.
On a seasonally adjusted basis, the pace of mortgage loan applications decreased 9.6 percent for the week ended Aug. 26, according to the Mortgage Bankers Association. The rate for 30-year mortgages decreased to 4.32 percent from 4.39 percent the previous week. The rate for 15-year mortgages fell to 3.49 percent from 3.56 percent.
-Duke Realty has been hired to complete a 14,017-square-foot expansion of Delco Foods’ corporate headquarters and distribution facility at 4850 W. 78th St. in Park 100.
-DB Klain Construction has completed a 1,400-square-foot retail build out for Amy’s PJs in Clearwater Village, 3961 E. 82nd St.
-Capitol Construction Services has completed an 808-square-foot build-out for The Art of Shaving in the Fashion Mall, 8702 Keystone Crossing.
-Wurster Construction has added Terry Brown as project manager, David Harmer as contract administrator and Mark Heidelberger as superintendent.
–Harvey Levin has been promoted to state director of the multi-family group for Coldwell Banker Commercial Realty Services.
-Carolina Logistics Services Inc. leased 135,682 square feet at 11947 Cumberland Road, Fishers. The tenant was represented by John Hanley and Terry Busch of CB Richard Ellis. The landlord, Sunbeam Development Corp., represented itself.
-Cadillac Ranch leased 15,000 square feet at the former Music Mill, 3720 E 82nd St. The tenant was represented by Michael Cranfill and Larry Davis of Sitehawk Retail Real Estate. The landlord, White River Investments LP, was represented by Joe Kenny of Broadbent Co.
-Kuntzman Trucking Inc leased 12,355 square feet at Sierra Gateway Park Building I, 853 S. Columbia Road, Plainfield. The tenant was represented by John Hanley of CB Richard Ellis. The landlord, Indy 40 Building I LLC, represented itself.
-King Systems Corp. subleased 10,000 square feet at 9200 E. 146th St., Noblesville. The tenant was represented by Andrew B. Morris of Summit Realty Group. The landlord, Pen Products, was represented by Brad King of Colliers International.
-Department of Veteran Affairs leased 9,630 square feet at 8888 Keystone Crossing. The tenant was represented by Thomas Cortese of Acorn Group. The landlord, Philadelphia-based BPG Properties Ltd., was represented by John R. Robinson and Abby L. Cooper of Jones Lang LaSalle.
-Smart Travel leased 6,046 square feet at 9000 Keystone Crossing. The tenant was represented by John Crisp of Cassidy Turley. The landlord, Philadelphia-based BPG Properties Ltd., was represented by John R. Robinson and Abby L. Cooper of Jones Lang LaSalle.
-Stonegate Mortgage Corp. leased 5,772 square feet at South Park III, 1499 Windhorst Way, Greenwood. The tenant was represented by Nick Svarczkopf of CB Richard Ellis. The landlord, South Park Group LLC, was represented by Brian Dell of Summit Realty Group.
-Madmol Inc. leased 5,246 square feet at Metrocentre Business Park, 6330 E. 75th St. The tenant was represented by Rick Trimpe of CB Richard Ellis. The landlord, Metro Center Office Park LLC, was represented by Nick Svarczkopf of CB Richard Ellis.
-Connections Inc. leased 4,578 square feet at 7333 E. 21st St. The tenant and landlord, East 21st Street LLC, were represented by Matt Jackson of Ambrose Property Group.
-Happy’s Pizza leased 2,650 square feet at 3820 N. College Ave. The tenant was represented by Craig Ramsay of Sitehawk Retail Real Estate. The landlord, DM Property Management Inc., was represented by John Byrne of Cassidy Turley.
-Tetherball LLC leased 2,049 square feet at Three Meridian Plaza, 10333 N. Meridian St., Carmel. The tenant was represented by Tim Hull of CB Richard Ellis. The landlord, ARI-Meridian Plaza LLC, was represented by Nick Svarczkopf of CB Richard Ellis.
-Richard Herd leased 1,500 square feet in Sycamore Springs Office Park, 4725 Statesman Drive, Suite F. The tenant was represented by Bill Scott of Equis. The landlord, MSE Realty LLC, was represented by Ashley Bussell and Ralph Balber of Newmark Knight Frank Halakar.
-Smoke N Save LLC leased 1,431 square feet at Greenbrook Shoppes, 8305 U.S. 31. The landlord, Williams Realty Nine LLC, was represented by Tom English and John Baker of Sitehawk Retail Real Estate. The tenant represented itself.
-Regis leased 1,400 square feet of space in Water Place Park, 8935 N. Meridian St. The tenant was represented by Patrick McCaffery of Cresa Partners. The landlord, Equicor Development Inc., was represented by Ashley Bussell and Ralph Balber of Newmark Knight Frank Halakar.
-Subway Sandwich Shops renewed its lease for 1,250 square feet at Harbourtown Center at Morse Lake, Noblesville. The tenant and landlord, Harbourtown Center LLC, were represented by Bill Ernst of Charter Commercial Realty Group.
-Shelter Mutual Insurance leased 500 square feet of office space at 720 Fry Road, Greenwood. The tenant and landlord, L-Five Properties LLC, were represented by Cathy Richards and Mike Kensill of Lee & Associates.
-Speedway LLC bought the site of a former Shell station at 6201 N. Keystone Ave. The price for the 59,242-square-foot site wasn’t disclosed. The buyer was represented by Joe Tarpey of Colliers International. The seller, Trustee John White, was represented by Ralph Balber of Newmark Knight Frank Halakar.
-Asher Mattan Real Estate Holdings II bought 1,400 square feet of office space at Promise Road Business Park, 12574 Promise Creek Lane, Unit 134, Fishers. The price wasn’t disclosed. The seller, Promise Road Business Park LLC, was represented by Paul Dick and Kevin Dick of Colliers International. The buyer represented itself.
-BGM Central Indiana bought 2,100 square feet of office space at Promise Road Business Park, 12574 Promise Creek Lane, Unit 126, Fishers. The price wasn’t disclosed. The buyer was represented by Jason Childress of BGM Realty Inc. The seller, Promise Road Business Park LLC, was represented by Paul Dick and Kevin Dick of Colliers International.
Stocks plunged Friday after a dismal report on the job market renewed fears of another recession.
Employers stopped adding jobs in August, an alarming setback for an economy that has struggled to grow and might be at risk of another recession.
A man found dead early Friday morning inside a car on the southeast side of Indianapolis apparently had been shot, according to Indianapolis police. Officers were called to the scene just before 1 a.m. Upon arrival, they found Samuel McDaniel, 55, inside a silver Cadillac CTS behind a home in the 3500 block of Van Buren Street. McDaniel was pronounced dead at the scene.
Indianapolis police are investigating a hit-and-run accident Friday morning in which a vehicle struck a woman in a wheelchair. Officers were dispatched to East Michigan Street and North Meridian Street at about 7 a.m. Police say the suspect’s vehicle continued to drive south on North Meridian Street and turned west on Vermont Street. Donna Grayson, 51, was taken to Wishard Hospital in good condition.
Japanese automaker would appear to be an odd entrant in an NHRA race. There's more to it than just trying to beat the Americans at their own game.
The federal suit seeks monetary damages and a permanent injunction prohibiting the men from soliciting customers and employees, and from disclosing trade secrets.
The day before closing on a $120 million sale of three radio stations, Emmis was warned about non-compliance with NASDAQ’s minimum-price rule for the third time in two years.
Every business sector has influential players, whether they are in the public eye or wield their influence behind the scenes. This month, IBJ zeroes in on Health Care and Benefits.
Drugmakers including Eli Lilly an Co. have agreed with regulators on a 6-percent increase in review fees as part of reauthorizing the drug-approval process through fiscal 2017.
A Purdue University agricultural economist says Indiana's 2011 farm income could approach $4 billion, eclipsing the state's previous farm income record of $3.2 billion set in 2008.
