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Articles

Records – June 17, 2013

June 13, 2013

Records listings from the June 17, 2013, issue of IBJ.

Governments helped fuel nursing-facility developer’s rise

June 13, 2013

Carmel-based Mainstreet Property Group has built 13 nursing homes in Indiana and Illinois since 2008. Six of the dozen Indiana properties benefited from municipal-backed credit or tax breaks, and a seventh received a reduced-impact fee. Mainstreet also received $345,000 in state economic incentives.

Indiana Landmarks nearing $25M fundraising goal

June 13, 2013

Preservation group Indiana Landmarks kicked off the public portion of its $25 million capital and endowment campaign Thursday evening, entering the homestretch of a fundraising effort that began in 2010.

KENNEDY: Mom-and-pops keep skin in the game

June 13, 2013

Sometimes, the more we learn, the more complicated things get.

LOU’S VIEWS: Going for seconds at Carmel gallery walk

June 13, 2013

Carmel’s Arts & Design district has grown to represent nine galleries. It’s Second Saturday walk has grown into a popular social event.

EDITORIAL: Fishers, Noblesville make the right call

June 13, 2013

We’ve heard the lament for years: Center Township is home to Indianapolis’ greatest concentration of institutions that pay no property taxes.

People in the news – June 17, 2013

June 13, 2013

People listings are free.

IPL parent eyes Indy for corporate services hub

June 13, 2013

AES Corp., based in Arlington, Va., has been considering Indianapolis as the hub for a new shared-services center, and is planning a major economic development announcement in the city on Friday.

Three other firms courted Indy’s ExactTarget before Salesforce landed prize

June 12, 2013

At least three other companies pursued the Indianapolis digital marketer amid its courtship with San Francisco-based Salesforce.com, which led to a $2.5 billion buyout announced June 4.

At least 3 others persued ExactTarget

June 12, 2013

For a bunch of computer nerds, ExactTarget certainly had a lot of suitors. At least three other companies pursued the Indianapolis digital marketer amid its courtship with San Francisco-based Salesforce.com, which led to a $2.5 billion buyout announced June 4. A U.S. Securities Exchange Commission filing Wednesday details a bidding war in which Salesforce had […]

Most of Indiana’s largest public companies enjoyed strong 2012

June 12, 2013

Angie’s List turned a profit for the first time in nearly two decades.

A&E priority list for June 13-19: Celeb softball, ‘Spamalot,’ and…zombies!

June 12, 2013

This week, basketball and football pros hit the diamond and the undead overrun the Indiana Historical Society

Councilor raises questions about cricket group’s track record

June 11, 2013

The USA Cricket Association, a group that Indianapolis Mayor Greg Ballard hopes will bring high-level competition to a new $6 million local sports park, staged zero national tournaments in 2012.

Company news

June 10, 2013

Affiliates of Planned Parenthood in Indiana and Kentucky plan to merge on July 1 in an effort to pool resources, meet the challenges of the changing health care landscape, and potentially expand their reproductive-health services. The new not-for-profit is expected to be named Planned Parenthood of Indiana and Kentucky—or PPINK—and continue to operate the 28 existing health centers, with 26 of those in Indiana. Three of those Indiana centers perform abortions, but the Kentucky centers do not. The group will be based in Indianapolis, and employ 190 people in its health centers and administrative office. Betty Cockrum, president and CEO of the Indiana organization, will serve in the same role for the merged group. Mergers are common among the Planned Parenthood affiliates, according to the organization. At one time, the national Planned Parenthood family had more than 200 affiliates; there are now just 73. PPIN merged multiple times to become a statewide affiliate in 2004.

Indiana University Health has agreed to sell its eight occupational health clinics to a California-based chain that specializes in Workers' Compensation cases. US HealthWorks Medical Group, which already operates nearly 200 clinics in 17 states, agreed in May to acquire the eight clinics from IU Health, the largest hospital system in Indiana. The deal is expected to close before July. Neither entity disclosed the purchase price. US HealthWorks has offered jobs to 126 of the clinics' 149 workers. IU Health, which will maintain a role in serving clinic patients, has offered positions to 20 of those not hired by US HealthWorks and is working to place the remaining workers. US HealthWorks has been expanding rapidly even as the number of workers' comp cases trends down nationally. US HealthWorks operates occupational health clinics in Elkhart, Goshen, Muncie and Warsaw.

Franciscan St. Francis Health will close two After-Hours Clinics on the south side of Indianapolis at month’s end. The hospital system offered no explanation for the closures. It noted that it will keep operating a third After-Hours Clinic in Mooresville, and also will maintain two other immediate care clinics in the southern suburbs of Indianapolis. The clinics that will close are in Beech Grove at 2030 Churchman Ave. and near Franciscan’s Indianapolis hospital at 7855 S. Emerson Ave.

The state of Indiana plans to spend $37 million more each year reimbursing health care providers who treat Medicaid patients, partially reversing a 5-percent rate cut the state adopted in 2010 while struggling through the impacts of the national recession. A spokeswoman for Gov. Mike Pence said the increase would amount to 2 percent more for hospitals, nursing facilities, home health and immediate care providers. Cuts in how much the state Medicaid plan pays for dental, vision, medical transportation and other areas will be fully restored. The Legislature paid for the increased rates in their recently passed, $30 billion biennial budget.

Marian University in Indianapolis has announced it has reached its limit of 162 students for the incoming class of its new College of Osteopathic Medicine. School officials said they have received tuition deposits from 162 applicants. They say those students can still pursue their education elsewhere, but the school has a waiting list. They said they are confident they can fill any vacancies that arise.

The Indiana Blood Center is streamlining its blood mobile operations, closing a donor center and taking other cost-cutting measures in response to shrinking revenue from hospitals. The not-for-profit blood center announced June 4 that demand from hospitals has fallen 24 percent over the past year. That is forcing it to take steps that also include freezing management salaries, eliminating 45 positions, and discontinuing a therapeutic phlebotomy program. The blood center supplies more than 60 Indiana hospitals. It is funded by fees it charges those facilities to recruit donors and collect, test, process, label, store and distribute blood.

Salesforce slow to excite investors after $2.5B buyout of ExactTarget

June 10, 2013

Shares of the California-based cloud computing giant continue to lag after last week’s announcement of its $2.5 billion offer for Indy-based marketing powerhouse ExactTarget.

Five teens hurt in Anderson crash

June 7, 2013

Five teenagers were injured at 11:30 p.m. Thursday in Anderson when their car was struck by a semi. Two of the teens were airlifted to IU Health Methodist Hospital in Indianapolis. The other three were taken to hospitals by ambulance. Police say the car ran a red light and turned into the path of the semi at West 16th Street and Raible Avenue. The truck driver wasn’t injured.
 

King, Mellencamp break rules with ‘Ghost Brothers’

June 7, 2013

“Ghost Brothers of Darkland County,” which plays in Bloomington and Indianapolis in October, is a musical that’s not quite like anything out there — as you might expect from two of America’s most independent artists.

Vacant GM stamping plant to be demolished

June 7, 2013

The 2.1 million-square-foot plant, which sits on 102 acres near downtown, opened in 1930 and employed more than 5,000 at its peak. That number was fewer than 700 when it closed two years ago.

Hurco profit inches higher on stronger European sales

June 7, 2013

The Indianapolis-based maker of equipment for cutting and forming metal beat the weakened economy in Europe, but saw a sales drop in the recessionary Asia Pacific market.

Records – June 10, 2013

June 6, 2013

Records listings from the June 10, 2013, issue of IBJ.

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