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Articles

Legislative assistants keep wheels of state government turning

March 15, 2012

State lawmakers finished their work in Indianapolis this month, but the end of the 2012 General Assembly signaled the beginning of crunch time for a full-time staff charged with sorting out what happened during the contentious short session.

KLACIK: Now for a new round of big thinking

March 15, 2012

If we go about directing the energy and confidence gained during our super moment into an effort downsized by fear of failure, and constrained by limited resources, hampered by political partisanship, and burdened by intra-regional rivalries, and what-is-in-it-for-me agendas, then we will not fully realize the potential of this super moment.

RUSTHOVEN: Qualms about Irsay’s colossal wager

March 15, 2012

Rick Reilly, a fabulous sportswriter, points out that without Manning, there is no Lucas Oil Stadium, no Indy-hosted Super Bowl, no brand new JW Marriott downtown.

KIM: Is No. 1 NFL draft pick a franchise fix or fool’s gold?

March 15, 2012

“Scorecasting” authors say teams consistently place excessive value on high draft picks and routinely overpay, in terms of current and future picks, to move up the draft order.

BENNER: Hall of Fame selectors are finally honoring ABA greats

March 15, 2012

Feel free to congratulate former Indiana Pacers star Mel Daniels on his long-overdue selection to the Naismith Basketball Hall of Fame.

FERGUSON: Solid higher education reforms, with caveats

March 14, 2012

It is imperative for the integrity of higher education that the faculty control the curriculum.

COLVIN: Get ready for a perfect storm in Worker’s Compensation

March 14, 2012

Rates are set to rise as insurers increasingly note the link between older workers’ health and productivity.

COLVIN: Get ready for a perfect storm in Worker’s Compensation

March 14, 2012

Rates are set to rise as insurers increasingly note the link between older workers’ health and productivity.

Patient referrals can be lucrative for hospitals

March 14, 2012

Physician liaisons are becoming key in recruiting efforts.

Hospitals push preemptive care with special programs

March 14, 2012

Hospitals around Indianapolis and the nation are expanding programs to help people before they become patients. They are trying to teach cooking as well as treat cancer, to do social work as well as do surgery.

What’s New: Grateful Pet

March 14, 2012

Melissa Kelly and Zach Pierson, who opened delivery service Grateful Pet LLC in July and are bootstrapping the business through Kelly’s day job.

Analysts lukewarm to Allison ahead of market debut

March 14, 2012

Shares of Allison Transmission Holdings Inc. are expected to begin trading Thursday, but the early reaction to the IPO from analysts is lukewarm. The locally based company’s private-equity owners are offering 21.7 million shares for $22 to $24 apiece, which could raise as much as $522 million.

Also this week

March 13, 2012

“An Evening with America Ferrera,” March 20, features a free discussion with the actress at Clowes Hall. Details here. 

Young musicians from around the country gather for the Music for All National Festival, March 15-17, featuring many public performances. Details here. 

American Pianists Association presents Marc-Andre Hamelin at the Indiana Landmarks Center, March 18. Details here. 

Diva Fest, March 16-25 at the IndyFringe Basile Theatre, features new plays by female playwrights. Details here. 

Christopher O’Riley brings his NPR program “From the Top” to the Palladium, March 21. Performers include 11-year-old Bloomington violinist Nathan Meltzer. Details here. 

Krzysztof Urbanski leads the Indianapolis Symphony Orchestra in a performance of “The Planets,” March 16-17. Details here.

Company news

March 12, 2012

Zimmer Holdings Inc. plans to outsource its 120-person transportation management team to Memphis, Tenn., and also will cut another 50 positions by year’s end in an effort to offset an anticipated $60 million hit from the medical device tax enacted by the 2010 health reform law. The Warsaw-based maker of orthopedic implants informed its employees of the impending job changes on Feb. 29, even though they won’t take effect for another six months, according to spokesman Garry Clark. He said Zimmer hopes its affected employees can transfer to other roles inside the company. The medical device tax, which will take effect next year, will assess a 2.3-percent fee on all U.S. sales of medical devices. It is expected to generate $2 billion per year to help fund an expansion of health insurance under the Patient Protection and Affordable Care Act. Medical device companies, including Zimmer and Bloomington-based Cook Group, have consistently opposed the tax, saying it would inevitably force them to cut jobs in the United States.

Indianapolis-based Lilly Endowment Inc. awarded $2.5 million to the Indiana University School of Medicine in part to establish an endowed chair for the medical school’s initiative in Eldoret, Kenya. Matching funds from IUPUI will bring the total grant to $4 million. IU’s program in Kenya is called AMPATH, which stands for the Academic Model Providing Access to Healthcare. It is a collaboration of numerous universities, all working to provide basic needs and health care to patients in Kenya, particularly those suffering from HIV and AIDS. The endowed chair established through the grant will fund the work of the program’s field director in Kenya—which is now Dr. Joe Mamlin—so the work there can continue for years to come. The chair will be named the Stephanie and Craig Brater Chair in Global Health in honor of IU medical school dean Dr. Craig Brater, and his wife.

After losing $1.5 million in its most recent fiscal quarter, West Lafayette-based Bioanalytical Systems Inc., decided to close its laboratory in McMinnville, Ore., and instead consolidate that work in at its headquarters in West Lafayette. The move will bring as many as 20 new positions to West Lafayette and save the company more than $2 million per year, the company estimated. The leader of the Oregon lab, Lori Payne, will move to Indiana to become vice president of bioanalytical operations. Bioanalytical performs analysis for drug companies before they submit drugs for human trials. Bioanalytical CEO Anthony Chilton said the move would save money “by eliminating redundancies in expensive laboratory equipment and improving laboratory utilization.”

ISO announces 2012-13

March 11, 2012

Emanuel Ax, ‘Hairspray’ in concert…and Kenny G?

Record-low rates aren’t creating rush at local mortgage firms

March 9, 2012

Local mortgage industry executives say record-low interest rates aren’t leading to a big boom in business because broader economic issues are keeping large parts of the population from seeking or qualifying for loans.

Lawmakers end right-to-work dominated session

March 9, 2012

Indiana lawmakers came roaring into their 2012 session with a battle over right-to-work legislation. Now they are leaving quietly with a new statewide smoking ban, changes to the state's education system and rules giving homeowners the right to forcibly keep police from entering their homes.

Crean, Painter contracts packed with rewards for postseason success

March 8, 2012

Indiana University Coach Tom Crean and Purdue University Coach Matt Painter cash in big time when their teams perform well, especially in postseason play.

LISC sues to foreclose on Emrich’s Furniture building

March 8, 2012

LISC, a not-for-profit lender, says it has not received any payments on its $515,265 construction loan since Jan. 1, 2011, and is owed more than $228,000.

BENNER: Manning departure hurts, but life goes on

March 8, 2012

Peyton Manning’s presence in Indy has been profound, his stamp on this city indelible. He was—and is—a class act.

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