Articles

Indy is poster child (again) for medical arms race

Indianapolis was highlighted in a new national study because its hospitals have been particularly aggressive at expanding their geographic reach—raising concerns among health insurers and even hospitals themselves that new medical facilities and market power can only lead to higher prices.

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Bank of Indiana on long journey back from brink

A fast-growing Indianapolis bank that became one of the biggest U.S. Small Business Administration lenders in the state has returned to profitability after a harrowing stretch of massive losses from borrower defaults that nearly led to its failure.

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Trial bus route connects central Indiana cities

Miller Trailways and the City of Anderson Transit System have a 30-day trial contract that allows Miller buses to use the downtown CATS terminal as a stop along its routes between Muncie and Indianapolis. The buses also stop in Pendleton and Fortville.

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Former Mike’s Carwash partner seeking $30M

Jerry Dahm is asking a Hamilton Superior Court judge to force the two owners of the company to buy his stake in its real estate arm for more than $26.2 million, on top of another $3.3 million he wants from his share in the car wash chain. The two owners already have agreed to pay him $17.1 million.

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Brainard seeks deal on maxed-out TIF

Carmel Mayor Jim Brainard might relinquish his political trump card in an effort to refinance some of the $240 million in debt that’s weighing on the city’s tax-increment finance districts.

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