IPL’s rates for power jumped 57% over decade
That’s a steeper increase than any other electrical utility in the state except Indiana Michigan Power and Auburn Municipal, according to the Indiana Utility Regulatory Commission.
John Russell
Articles
Roche Diagnostics CEO leaving to join Arizona company
Jack Phillips, who has led Roche Diagnostics’ North American operations in Indianapolis since 2010, will become chief operating officer of Accelerate Diagnostics in Tucson.
Elanco in advanced talks to buy Bayer animal-health unit, report says
The multibillion-dollar deal would swell the size of Elanco, which already is the fourth-largest global player in animal health.
IU Simon Cancer Center lands $13.8M grant, comprehensive cancer center designation
The cancer center, opened in 2008, is now one of just 51 “comprehensive cancer centers” in the nation and the only one in Indiana.
Community Health Network HQ gets new property owner, plans to expand office space
An Indianapolis-based real estate company that specializes in health care properties has acquired more than 300,000 square feet of commercial office space on the city’s northeast side, including the headquarters of Community Health Network.
Boom in Medicare business fueling eHealth’s growth, expansion into Indianapolis
The company has been bleeding red ink, but its Medicare business is booming and could ring up nearly $100 million in profit this year—if the company can hire enough people to help all the seniors calling in with questions.
California insurance exchange company chooses Indy for regional HQ, 500 jobs
The company, eHealth Inc., is led by Scott Flanders, an Indianapolis native and former CEO of Macmillan Publishing in Carmel and Playboy Enterprises in Chicago.
Addiction-treatment centers pop up all over
Many of the providers are not traditional health systems, but rather small, for-profit startups attracted by a soaring demand for recovery services.
Irvington organic grocer Tyner Pond Market closing
The store sells a wide assortment of natural and organic foods, but sales have been stagnant, said owner Chris Baggott, who owns several other businesses in the area and co-founded ExactTarget Inc.
Sale of Carmel senior community a big win for residents owed millions
The Barrington, which began hemorrhaging money soon after opening in 2013, is being acquired by Indianapolis-based Prairie Landing Community Inc. for $61 million.
IPL seeks to raise rates over next seven years to cover $1.2B in new equipment
The monthly rate increases, if granted by state regulators, would likely be about $1.50 for the typical household customer in the first year. That monthly amount would increase by an additional $1.50 each year, or by about $10.50 over the seven years.
Startup claims breakthrough in gauging pain
MindX founders think they’ve found a scientific way to measure pain and other hard-to-quantify mental health conditions, such as suicide risk, depression and post-traumatic stress disorder.
Q&A with Lorraine Ortiz, Riley Hospital’s VP of HR
Ortiz spent years in retail before jumping into health care.
Museum reveals human stories behind brains, skeletons at state’s famous mental hospital
For years, specimens from former mental health patients were meticulously labeled in scientific language at the Indiana Medical History Museum. Now, for the first time, visitors can see the human stories behind those specimens, following an intensive, four-year project.
Duke Energy to retire coal plants by 2038; critics say utility should move faster
The utility says it wants to keep most of its coal-fired plants in Indiana running through much of the next decade, while gradually investing in wind, solar and other renewable energy sources.
Duke Energy Indiana customers could see electricity rates climb by 15%
More than 800,000 customers of Duke Energy Indiana could see their monthly bills jump if the utility receives state permission to increase rates for the first time in about 15 years.
Purdue researchers hope to repurpose drugs to fight deadly superbugs
Researchers at Purdue have won a $2.5 million, five-year federal grant to screen existing drugs to see if they can help attack antibiotic-resistant infections.
IU Health executive Kitchell leaving ‘for other opportunities’
Ryan Kitchell oversees a wide variety of business operations at the state’s largest health system. His departure comes as IU Health is in the midst of numerous capital projects.
Debunking medical myths all in a day’s work for IU’s Dr. Aaron Carroll
Carroll uses Twitter, a New York Times column, blog post, podcast, videos and books to publish his findings on just about any health issue he thinks needs explaining or correcting.
BioCrossroads chooses retired Lilly exec as new CEO
Patricia Martin, 58, former chief operating officer of Lilly’s diabetes division, will start her new job July 1, leading an organization that promotes and invests in the state’s life sciences sector.