INSIDE INDIANA BUSINESS: Coats says medical device tax will be repealed

2013-04-03T12:31:00Z INSIDE INDIANA BUSINESS: Coats says medical device tax will be repealedGerry Dick Inside Indiana Business
April 03, 2013 12:31 pm  • 

Indiana Senator Dan Coats believes bi-partisan support is building to repeal a $30 billion tax on medical device manufacturers. Last month, the Senate voted 79-20 for a non-binding amendment to repeal the 2.3 percent tax, which is part of the health care reform law. The tax hits Indiana hard. The Indiana Business Research Center estimates the sector employs approximately 20,000 workers, more than 40 percent of all life sciences jobs in the state. In a Studio(i) interview, Senator Coats says the Senate vote was more than symbolic.


Butler Receives Major Science Grant

Butler University has received a $10 million grant from the Richard M. Fairbanks Foundation Inc. The funding will support the school's Expansion for the Sciences effort which includes major renovations and new science facilities.


Airport Authority Bill Returns to Senate

Legislation that would allow for the creation of an airport authority in Clark County is going back to the Indiana Senate. The bill would permit the South Central Regional Airport Authority to include up to five members.


Research Foundation to Recognize Purdue Patents

The Purdue Research Foundation will this evening recognize dozens of Purdue faculty and staff whose discoveries were patented during the 2011-12 fiscal year. The organization is reporting nearly 100 issued patents and the creation of five startups from Purdue-licensed technologies in that time.


National Publication Ranks Hoosier Hospitals

Consumer Reports has released its annual list of "safety scores" for thousands of hospitals from throughout the country. Indiana University Health Ball Memorial Hospital in Muncie was rated fifth nationally among hospitals with residency programs.


Press Ganey Lands State Survey Contract

South Bend-based Press Ganey Associates Inc. has landed a multi-year deal with the State of Indiana to conduct nursing facility satisfaction surveys. The results will be used to determine incentive payments and improve the quality of care.


Muncie Mayor Sets State of The City Address

The mayor of Muncie has scheduled his annual state of the city address for next week. A spokeswoman for Dennis Tyler says the presentation will be delivered before city officials and is open to the public.


Deloitte Joins IU Kelley Institute

Indiana University's Kelley School of Business says Deloitte LLP will be the founding member of its Institute for Business Analytics. As part of the deal, the accounting and consulting firm will participate in research and analytics classes.


University to Host STEM Conference For Women

A conference focusing on the careers of women in science, technology, engineering and math fields is coming to southwest Indiana Friday. The University of Evansville College of Engineering and Computer Science event will feature discussions from executives with Toyota Motor Manufacturing Indiana Inc., Vectren Corp. (NYSE: VVC) and Mead Johnson Nutrition Co. (NYSE: MJN).


Interactive Intelligence Branches Out

An Indianapolis-based software company has acquired customer support agreements from a New Zealand reseller. Interactive Intelligence Group Inc.'s (Nasdaq: ININ) deal with Amtel could also involve adding a small number of employees and relocating a facility in the island nation.


Notre Dame Hires Chief Academic Digital Officer

The University of Notre Dame has chosen its first chief academic digital officer. Elliott Visconsi will be tasked with developing strategies for e-texts, social media and massive open online courses.

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