Flaherty becoming mixed-use master
Developer’s Flaherty & Collins is gaining a reputation developing trendy projects, the latest of which is a 28-story retail and residential tower on the site of the former Market Square Arena.
Developer’s Flaherty & Collins is gaining a reputation developing trendy projects, the latest of which is a 28-story retail and residential tower on the site of the former Market Square Arena.
Dr. Alexia Torke, an internist, has been named associate director of the Indiana University Center for Aging Research. Torke is a researcher at the Indianapolis-based Regenstrief Institute and a professor at the IU School of Medicine. The Center for Aging Research works with scientists, clinicians, patients and others to develop and test innovative strategies to improve the quality of health care and self-care of older adults. Torke graduated from Carleton College and received a medical degree from the IU School of Medicine.
Mark Anderson has been named director of Franciscan Physician Network’s Joint Replacement Surgeons of Indiana and the Center for Hip and Knee Surgery at Franciscan St. Francis Health. Anderson, who has worked at Franciscan for 16 years, graduated from Indiana University’s physical therapy program in 1997 and earned an MBA from Indiana Wesleyan University in 2009.
U.S. Sen. Marco Rubio of Florida, former Pennsylvania U.S. Sen. Rick Santorum, Indiana Gov. Mike Pence and Louisiana Gov. Bobby Jindal addressed the NRA's annual leadership forum, a kind of political pep rally the organization considers one of its premier events.
Indianapolis Business Journal gathered leaders in Indiana’s life sciences industry for a Power Breakfast panel discussion April 24. Among other topics, the panelists discussed whether Obamacare helps or hurts companies in the industry, the biggest barrier to life sciences startups, and how rising activity among angel investors has changed the life sciences landscape.
The typical hospital around the country will see its profits wiped out entirely by the changes coming from health reform and the aging of the population. But in Indianapolis, the hits will be cushioned by this region's fatter commercial reimbursements.
EnerDel Inc. CEO David Roberts has resigned and chief operating officer Michael Canada will replace him on an interim basis, the Indianapolis lithium-ion battery manufacturer announced Thursday afternoon.
Herb Simon, 79, says the $160 million deal the city struck with the Indiana Pacers this month for operating costs and stadium improvements is an outgrowth of negotiations that began way back in 2007.
A default-prone portfolio of loans to ITT Educational Services students has come back to haunt Eli Lilly Federal Credit Union, a full-service but otherwise conservative institution.
Indianapolis hospitals have begun to offer joint replacement surgeries to employers and insurers using “bundled prices.” That means, instead of billing piecemeal for each individual service and supply, the hospitals wrap everything needed from just before to just after surgery into a package deal.
Slow and steady wins the race” is a value-investing mind-set that’s also applicable to building an NFL roster. Choose overlooked or undervalued prospects, not the Heisman Trophy winner or Twitter.
Milhaus Development, whose downtown apartment projects include Artistry and Circa, plans to build between 60 and 90 condos in a roughly one-block area in the Chatham Arch neighborhood that’s now home to a church and warehouse.
State regulators on Wednesday approved a rate hike that will increase monthly wastewater bills by about 26 percent, or close to $14 on average, for Citizens Energy Group customers.
The seemingly endless yellow brick road to Oz, or what residents of central Indiana have come to accept as privately owned professional sports franchises seeking financial sustenance to build and upgrade, is nearing a tipping point of practical expenditures.
The ride-share upstarts are stirring praise and pushback, just as they have elsewhere across the country.
Indiana is the most profitable state for Indianapolis-based WellPoint Inc., which operates Blue Cross and Blue Shield health plans in 14 states. WellPoint’s margin for Indiana in 2012 was 5.8 percent, 38 percent higher than WellPoint’s national average.
Mainstreet Property Group LLC is trying to bring crowdfunding to nursing homes. The Carmel-based firm launched a new round of private placement fundraising Monday using a website run by Oregon-based CrowdStreet Inc. and a mix of traditional advertising in central Indiana. The goal is to raise $500,000 to $2.5 million to help Mainstreet construct a $13.3 million nursing care and rehabilitation facility in Bloomington. Mainstreet CEO Zeke Turner said if the Bloomington “test case” is successful, Mainstreet can use crowdfunding to boost its annual construction of health care campuses from $350 million currently to $500 million. Mainstreet is offering to pay “accredited investors” annual dividends of 10 percent while paying itself a $635,000 development fee. Mainstreet hopes to sell the Bloomington facility by mid-2015, which could boost investor returns to 14 percent. Mainstreet’s crowdfunding experiment comes as the company is under scrutiny over allegations that Turner’s father, state Rep. Eric Turner, helped defeat a nursing home construction moratorium that most of Mainstreet’s competitors supported.
Anthem Blue Cross and Blue Shield has signed contracts with 1,400 physicians under its Enhanced Personal Health Care initiative, which pays doctors extra to help keep patients healthier and out of the hospital. The initiative, coupled with accountable care organizations Anthem is working to form with hospitals, is part of a broader push in health care called value-based purchasing. “The biggest challenge in health care today is finding a way to improve quality while reducing costs,” said Dr. David Lee, Anthem’s vice president of provider engagement and contracting. As part of the initiative, Anthem shares with doctors claims information Anthem gathers on its patients so doctors can target their efforts on the patients most in need. Anthem also pays doctors an extra $3.50 per month for each Anthem patient they manage. If overall spending on Anthem patients goes down and doctors document they provided high-quality care, Anthem shares some of the savings with doctors at the end of the year. The enrollment of doctors so far is a bit of a step back from the Quality Health First program Anthem previously operated to encourage physician management of patients’ overall health. That program had 2,200 physcians participating when Anthem pulled out of it in early 2013.
St. Vincent Health and the Cleveland Clinic have partnered in the opening of a new 8,000-square-foot kidney transplant center in Portage, Ind., to see patients before and after their transplant surgeries in Indianapolis. In a press release, St. Vincent noted that the average wait time for a kidney transplant in the Chicago area is six years, compared with 14 months at St. Vincent Indianapolis Hospital. Patients waiting for a transplant via another hospital system can transfer their wait times to St. Vincent. St. Vincent and Cleveland Clinic established their transplant partnership five years ago, focusing on kidney and pancreas procedures. Transplant surgeons working at St. Vincent’s 11-bed renal transplant unit in Indianapolis are employed by Cleveland Clinic.
Community Health Network opened a 65,000-square-foot, free-standing cancer center on the campus of Community Hospital South. The facility centralizes all the cancer care providers patients see—including physicians, radiologists, social workers, dieticians and financial counselors—so patients can make fewer visits to the center. Community hopes the center, which includes 16 infusion rooms, serves patients from as far away as Columbus, Seymour, Shelbyville and Greensburg.
Sam Odle, the former chief operating officer of Indiana University Health, has been named senior strategic policy advisor of AvaSure, a Michigan-based company that provides software for remote observation of patients at risk of falls and other injuries. Odle retired from IU Health in June 2012. Odle joined Indianapolis-based Bose Public Affairs as a senior policy adviser in October 2012 and then was elected to the board of the Indianapolis Public Schools in November 2012. He joined Methodist Hospital in 1981 as vice president of operations and stayed with the organization through its 1996 merger with Indiana University Hospital and Riley Hospital for Children, which formed what is now IU Health.
WellPoint Inc. named Dr. Martin Silverstein chief strategy officer. Beginning on April 28, Silverstein will oversee WellPoint’s enterprise marketing, corporate development and strategy functions. Silverstein was a managing director at Boston Consulting Group, where he worked for more than 25 years. Silverstein holds a bachelor’s degree in economics and natural sciences from the University of Pennsylvania, a medical degree from Yale University School of Medicine and an MBA from Harvard Business School.
My congregation recently purchased a former day care in the middle of a business district to house our congregation and private school. Before purchasing this facility, we did our due diligence. We checked with zoning, had an appraisal and inspection, brought in the plumber and electrician. Satisfied with all the reports, we went ahead and purchased the building.
The North American Soccer League will have 10 members when Indy Eleven joins this year. Teams in the NASL play 12 games in the early season and after a four-week break in July play another 14 games. Fourteen are played at home.
Mitch Daniels made an almost iconoclastic observation about evaluating the value of a college (or university) education. He implied that the arbiter of its value is not reflected necessarily in grade point average or the number of Ph.D’s matriculating but in the degree of success students achieve as they find a career and then how quickly they advance in their chosen vocation.