Articles

Bold developer stirs up nursing-home business

Zeke Turner, the 36-year-old CEO of Mainstreet Property Group LLC—who frequently sports a boyish grin and a bold-colored dress shirt, but rarely dons a tie—said he’s “just getting started” in transforming the staid nursing home industry.

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Top 10 most profitable hospitals around Indianapolis

Based on 2012 data, 23 of 30 hospitals in central Indiana are generating profits from their operations of 10 percent or more. The Indiana Orthopaedic Hospital and St. Vincent's Carmel campus are on top. After that, there are a few surprises.

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Hurdles remain for Roche Diagnostics on HPV test

Roche could enjoy a huge increase in sales of its HPV tests if all doctors and women followed a recommendation issued last week by an advisory committee at the FDA. But wrinkles in the U.S. health care system still present several big obstacles.

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IPS chief declares $30M budget deficit a mirage

New superintendent Lewis Ferebee unveiled the results of his analysis of IPS finances by saying a $30 million structural budget deficit wasn’t real, but was instead the result of a “budgeting tactic” used by his predecessors.

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Republicans needed to make Obamacare work

Obama’s latest delay of Obamacare insurance rules could sabotage the law’s exchanges. The president must be counting on Republican critics, like Indiana Insurance Commissioner Stephen Robertson, to stop him.

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Timing looks right for Biomet IPO

After private equity firms paid $11.4 billion for Biomet Inc. just months before the onset of a prolonged downturn, they are now trying to take the company public when U.S. consumer sentiment is on the upswing.

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Health insurance brokers must change to survive

Employees, rather than employers, will soon choose their own health insurers—either through the Obamacare exchanges or through private exchanges. Does that mean health insurance brokers, the people who match up employers with insurers, will no longer be needed?

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Hospital layoffs hardly dented employment growth

Even though the state’s three largest hospital systems–IU Health, St. Vincent Health and Franciscan Alliance–eliminated a combined 2,700 jobs, it created just a blip in the long-term run-up in hospital employment.

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Indy hospitals, doctors should start a price war

The choice for health care providers is binary: either limit patient choice through restricted networks or preserve patient choice by making price transparency real and usable. Hospitals and doctors would be better served by the latter.

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Ivy Tech seeking millions to churn out more degrees

State leaders want twice as many Hoosiers earning post-high-school credentials by 2025 as there are today. And the only realistic way for the state to get there is for Indianapolis-based Ivy Tech to double its enrollment and double its graduation rates.

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Cash-strapped IPS to dismiss 23 administrators

Personnel costs make up about 90 percent of Indianapolis Public Schools’ general fund budget of $263.7 million, which prompted an Indy Chamber committee that recently analyzed the system’s finances to call for cuts in that area.

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