Peyton Manning Children’s Hospital gets $2.2M ICU expansion
Officials say the expansion will help the hospital meet growing demand. Last year, it turned away 36 children for lack of a bed.
John Russell
Articles
UPDATE: St. Vincent CEO confirms land option at 96th & Spring Mill
But Jonathan Nalli said the health system has no plans to build a $1 billion hospital complex.
Q&A: Hitting the trails, building a business
Brian Holzhausen, 46, has run hundreds of races, from short blasts to 31-mile ultramarathons on rugged dirt trails. Following his passion, he jumped from a career in engineering to outdoor fitness.
Transforming Methodist: IU Health figuring out what to demolish, save
By the end of the year, officials expect to unveil its master plan to remake the state’s largest hospital—currently an amalgamation of ancient health care amenities and modern facilities.
Lilly signs licensing deal with biotech startup for diabetes drug
Under the agreement, Lilly will pay Sigilon Therapeutics up to $410 million if the technology hits certain milestones.
Anthem members face bigger bills at local micro-hospitals
The Indianapolis-based insurer is telling members that those small, freestanding hospitals are out of its network and could be much costlier to use.
State’s life sciences sector shed 500 jobs in 2017, even as economic impact soared
The industry’s payroll and average wages dipped last year, according the latest report from Indiana University and BioCrossroads.
Indiana life sciences firms raise record $111M in venture capital in 2017
A $44 million VC infusion in 2017 for biosciences firm On Target Laboratories was one indication that Indiana’s life sciences sector is finally starting to pull down some serious venture funding.
UPDATE: 16 Tech district unveils plan for first 4 buildings, lands $38M grant
The 30-acre first phase of the 16 Tech innovation district, long touted as an up-and-coming hub for entrepreneurship and innovation, will be spurred by a $120 million investment from Browning and a $38 million grant from Lilly Endowment.
Neighbors of proposed Carmel hospital gear up to fight project
More than 100 people gathered Tuesday to plan how to oppose the project, which calls for nine buildings, two helipads and four parking garages.
Former Lilly CFO Rice to lead CVS Caremark, report says
Derica Rice, 53, one of the nation’s most powerful black executives, retired from Indianapolis-based drugmaker Eli Lilly and Co. in December, after the company passed him over when naming a new CEO.
The healthiest county in Indiana? Still Hamilton
For the eighth year in a row, Hamilton County is the healthiest in Indiana, while Marion County is again stuck near the bottom.
Former exec sues Mainstreet, says developer failed to pay him $630,989
Ned Rule, former managing director of investments, claims the Carmel-based developer terminated him without cause to save money during a financial downturn, violating his employment contract.
Regulators consider IPL request to collect $96.7M more annually from customers
The utility is asking state regulators for permission to increase the “fixed charge” on its 490,000 customers from $17 to $27 a month, and increase energy-usage charges also.
Indy doctors are fourth-best paid in nation, survey says
Doctors here earn an average of $378,011 a year, ranking them behind only doctors in Charlotte, Milwaukee and Jacksonville, Florida.
Medical-waste company fined for violating more than a dozen safety rules
The violations against MedAssure of Indiana LLC include flying debris hazards, potential shock hazards and unstable storage materials that could tip over.
Mainstreet nixes ambitious Arizona plan, terminates at least 70 workers
The Carmel-based developer and operator of senior care facilities blamed high start-up costs and a challenging reimbursement environment for decision to pull out of Arizona.
Two high-level executives out at IU Health
The departures of the presidents of two key regions come as the state’s largest health system is trying to fill more beds and continue its growth.
Invesque picks up 14 medical office buildings in $142M deal
The deal includes a portfolio of 545,000 square feet of medical office space in New York, Florida and Canada, occupied by more than 400 physicians’ practices.
Ricks makes $14.4 million in first year as Eli Lilly CEO
Eli Lilly CEO David Ricks’ first year in charge was marked by a wave of activity, including a huge corporate restructuring. The company’s stock price climbed about 6.2 percent during the year.