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WellPoint to give shareholders annual ‘say on pay’ vote

April 6, 2011

All publicly traded companies have to allow advisory votes about top executives compensation every two or three under the Dodd-Frank financial reform passed by Congress last year.

City considering abatement terminations, continuances

April 6, 2011

Five companies are set to have their tax breaks terminated or continued as the city attempts to update the state of the benefits that date to the previous administration.

Marian to delay med school opening until fall 2013

April 6, 2011

The Indianapolis university originally hoped to open state’s second medical school in fall 2012, but that time line proved too aggressive.

Women’s Final Four crowds smallest since 1990s

April 6, 2011

Tuesday night's NCAA women's basketball championship game at Conseco Fieldhouse in downtown Indianapolis was a near-sellout, but it was the smallest crowd to see the title game since 1997.

Ruth Lilly estate donates $10.7M to Indiana University

April 6, 2011

Indiana University will receive donations totaling $10.7 million from the estate of late philanthropist Ruth Lilly, the university announced Wednesday morning.

Judge to hear argument in White election challenge

April 6, 2011

A Marion County judge is set on Wednesday to weigh whether Republican Indiana Secretary of State Charlie White is legally qualified to serve in the office to which he was elected in November.

Compromise elusive on Indiana sentencing changes

April 6, 2011

An Indiana legislator trying to find a compromise on a plan that Gov. Mitch Daniels originally pushed to help stem the state's prison costs seems to still have work ahead.

Really? Donald Trump as pace car driver?

April 6, 2011

Reality TV star/would-be presidential candidate chosen for Indy honor.

Durham set for afternoon federal court date

April 6, 2011

Former Indiana businessman Timothy Durham, 48, who is accused in a $200 million fraud scheme, is scheduled to appear in federal court in Indianapolis on Wednesday at 2:30 p.m.

Residential developer declares bankruptcy

April 6, 2011

John Swinehart, a former executive of Bruce Gunstra Builders Inc. who was involved in the Monon on Main project in Carmel, is seeking Chapter 7 bankruptcy protection. He lists liabilities of $8.3 million.

Judge gives probation to three men for water violations

April 6, 2011

U.S. District Judge Sarah Evans Barker sentenced 61-year-old Michael R. Milem of Carmel, 44-year-old Mark R. Snow of Brazil and Joseph T. Biggio, 51, of Illinois after accepting their guilty pleas for violating the Federal Clean Water Act.

Indiana judge dismisses lawsuit over forfeiture funds

April 6, 2011

An Indianapolis judge on Tuesday dismissed a lawsuit that accused 78 county prosecutors of breaking the law by not turning over assets seized from criminals to a state school fund.

Indiana lawmakers OK hotel sites for casino tourneys

April 6, 2011

Indiana's casinos would be allowed to hold card tournaments at hotels or other sites on their properties under a proposal that has cleared the state Legislature.

Fate up in air for proposed Indiana smoking ban

April 6, 2011

The fate of a proposed statewide smoking ban in the state Legislature is uncertain, with anti-smoking advocates keeping up their push for restrictions that are tougher than some lawmakers think can win approval.

Leading Questions: Scott Webber

Scott Webber: Indiana’s entrepreneurial spirit

LEADING QUESTIONS: Webber gives tech firms their wings

April 5, 2011

LQ Webber Watch videoHow does angel investor Scott Webber choose which companies to buy into? What common mistakes does he see early-stage entrepreneurs make? What's the best advice his father gave him? The local tech guru reveals all.

Medicare rules hammer hospitals, docs

April 5, 2011

Being an accountable care organization will be the major leagues of health care after the federal Medicare program set a high bar for the new kind of doctor-hospital organization.

People

April 5, 2011

Visionary Enterprises Inc., a subsidiary of Indianapolis-based Community Health Network, appointed Dr. Larry Monn as chief operating officer. VEI oversees Community’s joint ventures with physicians.  Monn, who has been VEI’s chief medical officer since 2007, fills the position left vacant by Kyle Fisher, who was promoted to CEO of VEI. Monn, a plastic surgeon, earned his medical degree from the Indiana University School of Medicine.

Alliance Home Health Care hired Dr. Charles F. Hasbrook as its medical adviser. Hasbrook currently serves as the medical care provider at Larue Carter Hospital Primary Care Clinic. He earned his medical degree from IU School of Medicine.

The IU Melvin and Bren Simon Cancer Center has added six research fellows: Dr. Helmut Hanenberg focuses on DNA repair disorders in children; Susan Hickman is developing a research program focused on decision-making in patients with advanced cancer; Yan Liu investigates how stem cells in the blood remain dormant and renew themselves; Brenna McDonald studies leukemia, breast cancer, epilepsy and traumatic brain injury on patients' brains; Kevin Rand studies hope, optimism and life goals among cancer patients, and how they relate to treatment decisions and well-being; and Nathan Stupiansky explores cancer prevention and cancer vaccines, such as the HPV vaccine.

Rick Holigrocki, a clinical psychologist, has been named dean of the School of Psychological Sciences at the University of Indianapolis. He has been serving as acting dean since August. He received his doctorate in clinical psychology from the University of Windsor.

Company news

April 5, 2011

In the not-too-distant future, scientists tell us, we will regard the debilitating side effects of chemotherapy agents as akin to the bleeding therapy administered by 19th century country doctors. And a Purdue University chemist has developed a tool to help make the future of laser-guided cancer therapies a reality. W. Andy Tao has developed a nanopolymer that can be coated with drugs, enter cells and then be removed to determine which proteins in the cells the drug has entered. Knowing which proteins are targeted would allow drug developers to test whether new drugs target only desired proteins or others as well. Eliminating unintended protein targets could reduce the often-serious side effects associated with cancer drugs. Tao said there currently is no reliable way to test drugs for “off-targeting.”

Indianapolis-based Medical Animatics, a 3D animation company, is making a foray into the game business. The company will develop a game for kids ages 6-12 to help them learn safe behaviors at home, in their neighborhoods, at school or at a park. Medical Animatics will develop the game for Ohio-based Nationwide Children’s Hospital. Health games designed to be both educational and enjoyable are being developed by two other companies with Indiana ties—Bloomington-based Wisdom Tools LLC and Indianapolis-based Gabriel Entertainment, as well as by growing numbers of developers around the country. Medical Animatics also develops 3D animated instructional and informational materials for the health care, higher education and sports industries.

Northern Indiana's Manchester College plans to begin work this summer on its new $18 million pharmacy school. School spokeswoman Jeri Kornegay said Thursday that a ground-breaking for the 75,000-square-foot building in Fort Wayne is expected early this summer, possibly in June. Until the building is complete in July 2012, the college's School of Pharmacy will continue to occupy space at Parkview Hospital in Fort Wayne, about 30 miles east of North Manchester. The project is supported by a $35 million grant from Lilly Endowment that's the largest gift in the college's history. While pharmacy schools have opened on a rapid pace around the nation in recent years, Indiana is one of 18 states with a shortage of pharmacists. Manchester’s will be the third in Indiana offering doctorates in pharmacy, joining schools at Butler University in Indianapolis and Purdue University in West Lafayette.

Mishawaka-based Franciscan Alliance plans to spend $8.4 million to open an administrative center in Greenwood, creating nearly 85 jobs in the next four years. The Catholic health care system, formerly known as Sisters of St. Francis Health Services, will buy, remodel and equip the 96,505-square-foot freestanding building at 1040 Sierra Drive. The administrative center—dubbed the Franciscan Ambulatory Business Office—will house all physician billing operations for the organization’s 13 hospitals in Indiana and Illinois. Franciscan Alliance employs 18,200, including 556 physicians, and expects to grow its physician team to more than 630 next year. Hiring at the administrative center should begin in April as renovations are made. Franciscan Alliance is the second hospital system to announce plans recently to consolidate operations in central Indiana. In October, St. Louis-based Ascension Health, the parent organization of St. Vincent Health, decided to locate a $10.9 million professional service center in Indianapolis, creating up to 500 jobs by 2013.

U.S. News & World Report ranked the best hospitals in the Indianapolis area based on the ones that have medical specialty groups of either national prominence or high performance on such metrics as survival, safety, staffing, technology and patient volumes. Topping the list was the downtown medical complex of Clarian Health, now called Indiana University Health. The academic medical center—which includes Methodist, IU and Riley hospitals—ranked nationally in 11 areas, including gastroenterology, urology, geriatrics, orthopedics, neurosurgery and cancer. It also scored as high-performing in gynecology. Coming in second in the ranking was St. Vincent Indianapolis Hospital, which scored as high-performing in 12 specialties. Other hospitals in the local top five were IU Health North Hospital, St. Vincent Carmel Hospital and, in a tie for fifth place, St. Vincent Heart Center and Wishard Health Services.
 

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