Articles

Indianapolis shows up peer cities in attracting the young and educated

Cities must woo people while they’re young—in their 20s or early 30s—because after that age, people tend
to hunker down. The Indianapolis area apparently appeals to at least two key groups of young people—particularly those
already married, according to a new study by researchers at IUPUI.

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State education officials urge greater emphasis on two-year degrees

Only one in 12 Hoosiers has an associate’s degree. That’s a big problem because nearly half of all jobs expected
to be offered in the next decade and beyond will be middle-skill jobs—which require at least some post-secondary credential,
like an associate’s degree, but not a four-year bachelor’s degree.

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High-ranking WellPoint exec stepping down

WellPoint Inc.’s internal audit and chief compliance officer – and highest-ranking black executive – will leave the company
later this month, according to a companywide e-mail sent out yesterday.

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DailyMed sales trim Arcadia losses

Arcadia Resources Inc. narrowed its losses in its most recent quarter as it started to accelerate sales in its highly-touted
DailyMed program, the company said today.

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Lilly drops osteoporosis pipeline drug

Eli Lilly and Co. pulled the plug on yet another drug in its pipeline that was in the late stages of testing, further complicating
the company’s attempts to find revenue before losing patent protection on its bestseller.

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My Health Care Manager looks to grow fast

Indianapolis-based startup My Health Care Manager has signed an agreement with Indianapolis-based
WellPoint Inc. that will eventually put My Health Care Manager’s elder care service in front of the health insurer’s
thousands of employer clients and their workers around the country.

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Butler launches search for more money

In five years, Butler University President Bobby Fong wants to vault his school into the top 10 of the nation’s master’s
universities—schools that offer bachelor’s and master’s degrees but few doctorates.

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For Zotec CEO, health care reform cuts both ways

In the eyes of Scott Law, Congress is heading in exactly the wrong direction on health care reform.

But the
CEO of Zotec Partners predicts a big bump in sales for his physician-billing management company if current reform proposals
become law.

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State picks first virtual charter-school operator

The Hoosier Academies will start up the state’s first virtual charter program later this month, the Indiana Department of Education announced today. The state Legislature has promised to pay 80 percent of tuition for as many as 200 students, in first through fifth grades, to enroll with Hoosier Academies but take all their courses over […]

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New higher-ed chief takes aim at dropout rates

Teresa Lubbers became Indiana commissioner for higher education on July 7 after serving 17 years as a Republican state
senator from Indianapolis. She says every Hoosier needs some college-level training. Lubbers got a running start on her new
job, having served as chairwoman of the senate education committee
for years. She also worked frequently at the commission’s downtown offices during May and June—after her predecessor
had
left but before the Legislature returned for a special session to pass a budget. Her new staff dubbed her SenComm.

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State unveils $31M tuition-funding program

Gov. Mitch Daniels failed to get the legislature to bite on his plan to lease out the Hoosier
Lottery in order to pay for two-year college scholarships. So he’s now he’s using $31 million in federal stimulus funds
to create a similar program for about 9,000 Hoosiers.

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Carmel’s Dormir raises $12M from venture capital firms

Carmel-based Dormir Inc., which operates sleep study centers and sleep equipment stores around the country, raised $12 million
in venture capital from three out-of-state firms. The company plans use the proceeds to acquire six to 10 companies this year
and more next year, according to CEO Tim Miller.

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