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Speeding Toward Better Health: Regenstrief Institute continues to fine-tune a medical-records system that many think could someday become a national model

July 16, 2007

Regenstrief Institute continues to fine-tune a medical-records system that many think could someday become a national model The Regenstrief Institute is a racing team. Only instead of drivers and grease monkeys, the Indianapolis-based medical research group has doctors and computer geeks. And instead of a race car, Regenstrief runs a massive computer database with 35 years of medical records from Indianapolis-area patients. But Regenstrief’s mission is still all about speed. The not-for-profit is driving to discover better ways to care…

CEOs’ friendship helped pave M&I’s way for First Indiana buyout

July 16, 2007

If First Indiana Corp. was looking to pull off a sale quickly, Milwaukee-based Marshall & Ilsley Corp. was a natural place
to turn. First Indiana CEO Robert B. Warrington had been doing deals with the bank since he took the helm from Marni McKinney
in 2006. Warrington also is a friend and golfing buddy of M&I CEO Mark Furlong.

Clarian launches venture capital firm

July 16, 2007

The city’s largest hospital system will try its hand at high-stakes investing. Clarian Health Partners is forming its own
venture-capital fund, called Clarian Health Ventures, to invest in fast-growing companies and finance the commercialization
of research conducted at Clarian or by its staff.

Methodist, Decatur hospitals team up at Honda site: Providers supplying on-site, off-site health care to construction workers on $500 million auto plant project

July 16, 2007

A major construction project is like a football game-no matter how careful everyone is, sooner or later someone is going to get hurt, at least a little. Indianapolis-based Methodist Occupational Health Centers Inc., which is part of Clarian Health Partners, is partnering with Decatur County Memorial Hospital to provide an answer to this problem at the Honda automobile plant construction site in Greensburg. The two institutions are providing on-site medical services and offsite treatment facilities for workers at the $550…

Retailer’s growth plan boon for Plainfield facility: Dick’s Sporting Goods’ strategy to expand west will push inventory through local distribution center

July 16, 2007

Dick’s Sporting Goods’ aggressive nationwide growth plan will mean about 400 new jobs at the retailer’s Plainfield distribution center, industry experts said. Last month, Pittsburgh-based Dick’s rolled out a plan to grow from 309 stores to 800 nationwide within seven years. The plan includes growing from zero to 90 stores in California, two to 60 in Texas, and two to 40 in Florida. “Their expansion plans are so aggressive, they’re eventually going to have to open another distribution center, but…

SPORTS: Tennis tourney healthy but needs a new home

July 16, 2007

A significant Indianapolis sporting event with international appeal is preparing to celebrate its 100th anniversary in 2011. The Indianapolis 500? Well, yes, that too. Far less-wellknown and recognized is that the origins of elite-level competitive tennis in Indianapolis also date back to just after the turn of the century … the last century, that is. Records show that the Western Tennis Championships, which led to the U.S. Clay Court Championships, which led to the U.S. Hardcourt Tennis Championships, which led…

UPDATE: M&I to slash First Indiana costs

July 9, 2007

The Wisconsin bank acquiring First Indiana expects to realize cost savings of 20 percent by merging back-office functions and cutting potentially dozens of local jobs. Milwaukee-based Marshall & Ilsley Corp. hopes to retain most of First Indiana’s bankers and will keep all 32 branches open. CEO Mark Furlong told IBJ this morning that within three […]

Compendium software startup attracts $1.1 million

July 9, 2007

Indianapolis-based Compendium Software said today that it has attracted $1.1 million in funding from local angel investors. Compendium offers tools to help businesses create, manage and search-optimize blogs. The startup was founded six months ago by Chris Baggott, who also co-founded the fast-growing e-mail marketing software firm Exact Target, which now has more than 250 […]

UPDATE: Other banks likely wanted First Indiana

July 9, 2007

Many banks, including Harris Bankcorp of Chicago, would have wanted to buy First Indiana Corp., according to long-time analyst John Reed, president of investment banking group at David A. Noyes & Co. of Chicago. In fact, Reed expected Harris instead of Marshall & Ilsley Corp. to snap up First Indiana. Harris is the U.S. unit […]

SPORTS: Pan Am Games was ‘coming out’ party for city

July 9, 2007

Twenty years ago, Indianapolis was preparing to take on the world. Or at least half of it. It was a month before the 10th Pan American Games. In my lifetime, I do not recall many times-if any-when there was such a feeling of collective effort. This wasn’t a city rooting for a team, like the Pacers or the Colts. This was a city rooting for itself to pull off this mammoth undertaking, to show not just the country, but the…

Condo owners in quandary over developer’s offer

July 9, 2007

The questions these days among residents of Lakes at the Crossing, a quiet community of 77 condos tucked behind a strip center
and an office park along 86th Street at Keystone Avenue, are: Who will sell, and for how much?

Insurers hope new law boosts their speed to market: But some entrepreneurs fear dereg could burn them

July 2, 2007

Small businesses should be able to purchase new kinds of property, casualty and Worker’s Compensation insurance quicker than in the past under a new state law that delays regulatory oversight of new products. But some business owners say the law puts them at risk of buying insurance that includes surprise clauses — since regulators won’t be checking them in advance. The law rolls back regulations that slowed insurance sales in Indiana by effectively requiring insurers to clear new products with…

Lilly rescues tennis tournament

July 2, 2007

A major sponsorship upgrade by local drugmaker Eli Lilly and Co. and a quartet of new corporate partners has helped the Indianapolis
Tennis Championships stem its losses after the departure of its title sponsor.

Downtown hotel towers in works

July 2, 2007

South-side developer J. Greg Allen is pitching a massive project along Pennsylvania Street downtown that includes hotel towers–one
28 stories, the other 17–to be built on property now used mainly for surface parking.

Union targets IPL over efficiency, customer programs: Is workers’ group taking on utility advocacy role?

July 2, 2007

A union that’s aggressively sought to organize the city’s janitors unsuccessfully tried to intervene in an Indianapolis Power & Light case before state utility regulators. IPL’s lawyers mopped the floor with the tenacious union-this time, anyway. The Service Employees International Union Local 3 wants IPL to expand its energy-efficiency and low-income customer assistance program, arguing that IPL and other utilities need to do more to help lower-income workers afford service. Attorneys who argue before the Indiana Utility Regulatory Commission said…

SPORTS: How much will we pay to watch IU, Purdue?

July 2, 2007

It read, “The hurrier I go, the behinder I get.” That’s the way I feel about technology. For every step I take forward, I fall two behind. A couple of weeks back, my trusty home laptop computer broke down. So, nearly, did I, especially as I pitched myself into the world of repair (it could’ve been fixed, but it was price-prohibitive) and then into retail (did the salespeople notice how my eyes glazed over as they launched into their wi-fi,…

Commentary: Hedda gives a searing Civic review

July 2, 2007

I cede my column this week to Hedda Hopper, a Hollywood gossip columnist. Hopper died in 1966, but she agreed to come back again to review the Indianapolis Civic Theater benefit performance. HEDDA HOPPER’S HOLLYWOOD-Just detrained in Hoosierland to catch the Indianapolis Civic Theatre benefit. Charlie Morgan played Ed Sullivan in a sendup titled “A Really Big Shooow.” Sullivan, your career is safe. Morgan, general manager and vice president of Cumulus radio stations in Indy, was stiffer than Charlie McCarthy….

UPDATE: Steak n Shake vulnerable to buyout, analyst says

June 27, 2007

A Wall Street analyst said today that Steak n Shake Co. might fetch about $20 a share, or $570 million, if the company ultimately is sold-a hefty premium to where it now trades. Investors have been buzzing about Steak n Shake’s future since a group of Dallas-based investors disclosed in a regulatory filing this week […]

Report: Private group bids most for Allison Transmission

June 27, 2007

A private equity consortium of Carlyle Group and Onex Corp. has bid the most for Allison Transmission, according to the Financial Times, which quoted anonymous sources. Owner General Motors wouldn’t comment, but the newspaper said the Carlyle and Onex bid was awaiting approval from the United Auto Workers last week. The other bidders-a party that […]

Convention center design called futuristic

June 26, 2007

Ratio Architects’ design for the Indiana Convention Center expansion is futuristic and will help set a new tone for downtown buildings, two Indianapolis architects who didn’t work on the project said after seeing images released yesterday. Plenty of glass and horizontal planes will make the expansion look high-tech and inviting to convention planners, said architects […]

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Articles

Speeding Toward Better Health: Regenstrief Institute continues to fine-tune a medical-records system that many think could someday become a national model

CEOs’ friendship helped pave M&I’s way for First Indiana buyout

Clarian launches venture capital firm

Methodist, Decatur hospitals team up at Honda site: Providers supplying on-site, off-site health care to construction workers on $500 million auto plant project

Retailer’s growth plan boon for Plainfield facility: Dick’s Sporting Goods’ strategy to expand west will push inventory through local distribution center

SPORTS: Tennis tourney healthy but needs a new home

UPDATE: M&I to slash First Indiana costs

Compendium software startup attracts $1.1 million

UPDATE: Other banks likely wanted First Indiana

SPORTS: Pan Am Games was ‘coming out’ party for city

Condo owners in quandary over developer’s offer

Insurers hope new law boosts their speed to market: But some entrepreneurs fear dereg could burn them

Lilly rescues tennis tournament

Downtown hotel towers in works

Union targets IPL over efficiency, customer programs: Is workers’ group taking on utility advocacy role?

SPORTS: How much will we pay to watch IU, Purdue?

Commentary: Hedda gives a searing Civic review

UPDATE: Steak n Shake vulnerable to buyout, analyst says

Report: Private group bids most for Allison Transmission

Convention center design called futuristic