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Articles

Firm sees growth for on-site clinics: Novia thinks workplace care can cut costs, help employees

October 15, 2007

Doctors who make house calls are about as obsolete as polio. But a fledgling local company is taking a page from the past and reintroducing the practice to the workplace instead of the home. Rising medical costs and the companies desperate to contain them are driving interest in the emerging model of on-site clinics. Large employers such as Toyota Motor Co., Pepsi Bottling Group, Credit Suisse and Sprint Nextel have embraced health clinics in recent years, in hopes of promoting…

SPORTS: These are the most valuable players on our team

October 15, 2007

Colts quarterback Peyton Manning made news recently when Business Week ranked him 13th among the 100 most-powerful people in sports. Not to be outdone, or to let a good idea go unstolen, here’s my list of the 25 most- influential people in Indianapolis sports. Criteria: my opinion. No. 1: Indianapolis Motor Speedway owner Tony George. With three races (including next September’s Moto GP motorcycle debut) bringing in more than $700 million annually, IMS is the elephant in the room that…

IU business incubator partners with Siberian school: Reciprocal visits could lead to high-tech opportunities

October 15, 2007

After unwrapping his luggage from its seal of shrink-wrap, Mark Long reviewed his notes for the upcoming seminar. He hardly needed them. Long, CEO of Indiana University’s Research and Technology Corp., has spoken many times about how academics transfer their research discoveries to the market. But this was the first time he ever delivered the speech in Siberia. The audience-a group of business and academic leaders-ultimately could help Hoosiers access a treasure-trove of Russian technologies. “They have a lot of…

Experts look into the future of health care: Industry panelists disagree on whether current system needs radical changes

October 15, 2007

Five local industry leaders conducted a serious debate over problems and issues facing our health care system during the most recent installment in Indianapolis Business Journal’s Power Breakfast series. The event took place at the Downtown Marriott hotel on Sept. 21 The panelists: Robert Brody, president and CEO of St. Francis Hospital & Health Centers, the Indianapolis-area’s fourth-largest hospital system. Brody has been chief executive at St. Francis since 1996. Dr. Robert Mouser, a primary care physician at Cornerstone Family…

Need for college watchdog not-for-profit questioned

October 15, 2007

Not everyone is welcoming the launch of an Indianapolis-based not-for-profit, backed by billionaire businessmen, that aims
to curb colleges’ discretion in spending donor contributions.

Emmis’ decision to shift WIBC to FM jolts local radio

October 15, 2007

The local radio market’s biggest shake-up in more than a decade has almost every commercial station in central Indiana scrambling
to attract the thousands of listeners and millions of advertising dollars suddenly up for grabs. Emmis Communications Corp.
said Oct. 8 it will move WIBCAM 1070 programming to the FM frequency previously occupied by WNOU-FM 93.1, which it will kill.
Industry experts said the fallout will continue to rain down throughout the fourth quarter and well into 2008. “There’s lots…

Report: UAW might complain about Honda hiring

October 10, 2007

Honda Motor Co.?s announcement in August that it would limit hiring for its new Greensburg assembly plant to 20 Indiana counties is the latest sign Japanese automakers are hiring outside of union strongholds,The Wall Street Journalreported today. In a front-page article focused on the new plant, the newspaper said the United Auto Workers is considering […]

Indianapolis firm to roll out lithium car battery

October 9, 2007

Indianapolis-based EnerDel Inc. this morning plans to unveil at a news conference a “cool running” lithium-ion battery pack it has developed specifically for the U.S. hybrid electric vehicle market. EnerDel CEO Charles Gassenheimer said the company could grow to $450 million in annual revenue by producing 300,000 of the battery packs a year. Automakers have […]

PEOs bouncing back following shakeout: Professional employer organizations enjoying growth as companies seek better ways to manage benefits

October 8, 2007

Even though Sentelligence Inc. in Noblesville has only five employees, the tiny tech firm offers an appealing benefits package rivaling that of a large corporation. The designer of diagnostic sensing devices for diesel engines has not discovered the Holy Grail of human resources. Rather, it’s using what’s known as a professional employer organization. Companies contract with PEOs to handle all the headaches of human resources, including payroll, payroll taxes, Worker’s Compensation claims, health plans, and other employee benefits, not to…

IU, state pushing regulators to halt sale of I-Light vendor

October 8, 2007

Indiana University and the state’s Office of Technology have sought an emergency order from regulators to halt a Colorado
company’s further assimilation of an Indianapolis fiber provider it bought Oct. 1.

Ralston Square project would honor city’s first planner

October 8, 2007

A local development team is working on a 10-story, mixed-use tribute to a man who helped design the original plan for Indianapolis,
Alexander Ralston. The $60 million project, dubbed Ralston Square, would feature a 150-room hotel, 55 condos, a 617-space
parking garage and 41,000 square feet of retail space.

Players benched for new Pacers ads

October 8, 2007

The Indiana Pacers recently rolled out a marketing initiative that was in sharp contrast to last year’s campaign, which prominently
featured players and proclaimed, “It’s up to us.” This year’s new television, radio and print advertisements appear with not
a whisper from or mention of anyone actually wearing the blue and gold.

Jones taps friends nationwide for Daniels fund raising

October 8, 2007

Silicon Valley venture capitalist Jack Gill–and dozens like him–are being recruited from far beyond state lines to support Indiana’s incumbent governor. On Oct. 9, Gill will be in the crowd at technology entrepreneur Scott Jones’ Carmel mansion. Jones, who organized the event, aims to collect $1 million for Daniels in a single day.

Is justice blind?: Few women in Indiana are appointed to high judiciary posts

October 8, 2007

It is still unusual to have women presiding over a court of law-so much so that when three women judges heard cases together on Sept. 28 in the 5th District Court of Appeals in Richland County, Ohio, it made history and national news. Should it come as a surprise that the symbol for justice is a woman? “Well that is a symbol, but the reality is that it is still a male-dominated profession,” said Maria Pabón López, an associate professor…

A&E: ‘Hamlet’ halved; a flute sans magic:

October 8, 2007

A&E ‘Hamlet’ halved; a flute sans magic This week, I empty the notebook on IRT’s truncated “Hamlet,” the Indianapolis Opera’s “The Magic Flute,” an iconoclastic singer/songwriter at the Egyptian Room and passion in Chicago. At about half the play’s full length, it’s difficult for “Hamlet”-a great work-to be more than just a good one. With every minute reduced, the classic runs a greater risk of becoming more external and less internal. Text cutting is expected in just about any Shakespeare…

Consumer-driven health plan only option for Marsh employees

October 8, 2007

Marsh Supermarkets Inc.’s decision to offer its employees a health reimbursement account as their only health insurance option
this year has captured the attention of local employers and benefits consultants.

Abatement could anchor software headquarters

October 5, 2007

In exchange for promises to keep its headquarters here, Marion County is considering providing an eight-year property tax abatement worth $17,659 for local parking ticket software-maker T2 Systems Inc. According to a Department of Metropolitan Development filing, T2 Systems is promising to add 115 jobs to its current work force of 43 as well invest […]

Advantage buys stadium naming rights

October 2, 2007

Advantage Health Solutions Inc. has entered a six-year agreement with the Indianapolis Colts Inc. that includes naming rights to the area for club ticket holders on the west side of Lucas Oil Stadium, the Indianapolis-based health insurer said today. The deal also includes radio, television and print advertising, and the opportunity for Advantage to work […]

Skewers of meat and more

October 1, 2007

A few nuggets to break up an otherwise slow day for real estate news:

All-You-Can-Eat Meat: The deal is done to bring the upscale Brazilian Steakhouse Fogo de Chão (fo-go dèe shoun, or fire…

FlowCo on verge: BioCrossroads grant boosts promising biotech firm

October 1, 2007

Drug-coated stents, which are used to open clogged arteries, can be life savers-if they’re implanted correctly. The $6 billion global stent market has come under scrutiny lately from doctors and researchers concerned that poor technique by cardiologists may contribute to rare but dangerous blood clots that can form after a stent is inserted. Stents that aren’t placed properly over the affected area may enable clots to form. But a device developed by an IUPUI researcher could prevent mishaps by helping…

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