Research institute hires CEO, picks HQ
With a CEO hired and a soon-to-be signed lease for office space, the $360 million Indiana Biosciences Research Institute is ready to lift off.
With a CEO hired and a soon-to-be signed lease for office space, the $360 million Indiana Biosciences Research Institute is ready to lift off.
The IBJ [May 11] article ignores the fact that there would probably be no Glick Eye Institute, or the $30 million of research benefits, except for the work of the Cantors.
Municipalities rush to refinance while rates linger near rock bottom, and before an anticipated increase by the Federal Reserve Bank.
The Indiana Lawyer’s 10th annual Leadership in Law awards reward commitment to profession.
In the last four years, the Indianapolis Colts have been paid more to run advertising and promotions for the U.S. military than all but three NFL teams.
The Indianapolis Colts capped season ticket sales at just more than 61,000 season tickets for the upcoming season to preserve about 4,000 for group and single-game sales.
Since 2008, the Department of Ophthalmology at the Indiana University School of Medicine has seen nine physicians depart—nearly half its clinicians who care for adult patients—and one more is now trying to leave. If a 10th physician departs, the exodus would leave the department with only 10 physicians treating adult patients, and many of those doing so only part time. The doctors have left because of a mix of disputes about pay and violations of patient privacy, according to multiple people with knowledge of the situation. Dr. Louis Cantor, department chairman, called the departures “normal faculty attrition” as the medical school and the Indiana University Health hospital system merge their physicians into one entity. He said the school is working to hire replacements.
Verve Health, an Indianapolis-based company that provides wellness and health clinics to employers, has begun pitching integrative medicine as an option to employers. Integrative medicine tries to improve people’s health with food, supplements, fitness and alternative medicine before trying prescription drugs. Verve Health is the new name adopted by RepuCare OnSite LLC to reflect its July 2014 acquisition of wellness provider Spectrum Health Systems Inc. Verve is trying to raise $2 million to $4 million to take its services to more clients and more states. If its plans succeed, Verve could nearly triple its workforce over the next year—from 65 to as many as 180. Verve operates five employer clinics, including two for Celadon Trucking, and another for the city of Kokomo and Howard County governments. It also provides wellness services to 50 employers.
Over the past three years, 116 Indiana hospitals cut out nearly 4,700 patient harms, saving $22.3 million, as part of a coordinated effort to make hospitals safer and prevent patients from having to come back. The three-year program, called Partnership for Patients, was part of a national effort funded by the Affordable Care Act. According to the Indiana Hospital Association, nearly half the savings came from preventing 1,254 readmissions of patients over three years. Another $2 million was saved by preventing 110 venous thromboembolisms. Also, the hospitals reduced early-elective baby deliveries 76 percent. And they worked to reduce infections caused by catheters and central lines, falls, severe bed sores, surgical site infections, ventilator-associated harm, obstetric harm and giving patients wrong medications or drugs that conflicted with other medications.
Even though he declined to sign it, Gov. Mike Pence will allow a three-year moratorium on construction of additional nursing homes to become law. Senate Enrolled Act 460 prevents construction of new skilled-nursing facilities, unless a facility replaces an old facility, after March 1, 2016, in any county with less than 90-percent occupancy in its existing nursing homes. “As a strong advocate of free-market economics, I hesitate to support any restriction on commerce, but in an industry that derives 85 percent of its revenue from state and federal sources, we must always consider the impact of our policies on the cost to taxpayers,” Pence said in a statement May 8. “A three-year pause on new-facility construction will give our state and the long-term-care industry the opportunity to achieve a better balance between institutional care and home- and community-based services while we engage in a much-needed discussion about reforms to our current Medicaid reimbursement formula.”
Pence signed a bill into law May 5 giving civil immunity to volunteer health care providers, according to The Statehouse File. The new law also provides immunity to licensed medical professionals who volunteer their services at no cost to taxpayers or patients. It applies to physician assistants, advanced nurses, podiatrists and optometrists, and allows them to provide basic treatments like physicals, routine services and the treatment of minor cuts. The law takes effect on July 1.
This has been no typical year for the 80-year-old who is recovering from heart surgery and post-surgery complications six months ago.
Startup OneJet flies six-passenger Hawker 400s between medium-size cities like Indianapolis, Milwaukee and Pittsburgh.
Make no mistake about it. The $1 billion transformation of Indiana University Health’s Methodist Hospital campus at West 16th Street and Capitol Avenue will be a big deal. Consolidating University and Methodist hospitals will be the biggest single project on the near-north side in anyone’s memory.
The Indianapolis Motor Speedway isn’t older than the Civil War, but it suffered from one.
Finding and supporting savvy people might result in more life sciences startups.
Donald “Danny” C. Danielson, named a Living Legend last year for his lifelong contributions to business, education and philanthropy in Indiana, died Thursday morning in his New Castle home at age 95.
Damar Services Inc. is launching an innovative program to make outings to public attractions more enjoyable for people with autism and other behavioral or developmental disabilities, and local sports organizations are taking the lead in implementing it.
Annex Student Living LLC wants to build a six-story, 248-unit apartment building along West 10th Street on a four-acre parcel the company has agreed to buy.
Inaugural Virgina Ave. Folk Festival puts music on nine stages. At Speak Easy, designers reconfigure Hollywood.
Hospital system tripled its profit last year by wooing patients to its physicians, trimming hospital and clinical staff by more than 400. The rating agency Moody’s says things look even better in 2015.
Hendricks Regional Health will construct a 100,000-square-foot emergency room and outpatient center on the north side of Brownsburg by early 2017, in an attempt to capitalize on an underserved part of the state’s second-fastest-growing county. The Danville-based hospital system expects to spend $40 million on the facility, hoping it gives the small player a leg […]
Apparatus beat out two other firms for the Tech Company of the Year honor at Saturday night’s TechPoint Mira Awards. The annual technology-awards ceremony, now in its 16th year, was held at the JW Marriott downtown.
Lawmakers passed bills on topics ranging from ethics reform to "religious freedom." Meanwhile, they shot down legislation that would have helped the Indy Eleven build or renovate a stadium and that would have permitted Sunday alcohol sales.