INSIDE INDIANA BUSINESS: Hospital 'embracing' health care reform

2013-07-24T12:41:00Z 2013-07-24T15:42:04Z INSIDE INDIANA BUSINESS: Hospital 'embracing' health care reform nwitimes.com

A Vincennes hospital says it is being proactive and maintaining a "positive outlook" on health care reform. Good Samaritan Hospital Chief Financial Officer Jerry Stump says the organization is implementing a health care model based on the Affordable Care Act's policy of Medicare reimbursement based on "the value of care, not the volume of care." He says the hospital's preparations will allow it to transition into the new payment policies more smoothly. Stump says the hospital's growth plans remain "full steam ahead."

 

Drug Company Lands BioCrossroads Funding

BioCrossroads' Indiana Seed Fund II has announced a more than $8 million investment in an Indianapolis-based company developing a cancer therapy. ApeX Therapeutics will use the funding to continue work on the potential leukemia treatment.

 

ESPN Anchor to Pace Brickyard 400

An Indiana University graduate, who anchors ESPN's "SportsCenter," will lead field to the green flag at this weekend's Brickyard 400. Sage Steele will drive the Chevrolet Camaro ZL1 Pace Car prior to the start of the 20th running of the NASCAR Sprint Cup Series race.

 

Prominent Agency to Become Employee Owned

An Indianapolis-based advertising and public relations agency is marking its 35th anniversary by transitioning to an employee-owned company. Hirons & Co. says its stock is now in a trust and will be awarded to workers as a benefit. Hirons is planning a celebration tomorrow to mark the milestone.

 

Longtime Newspaper Publisher to Retire

The publisher of the Journal & Courier in Lafayette is retiring. Gary Suisman has been at the newspaper since 2000. Parent company Gannett Co. Inc. is not planning to hire a new publisher for the paper.

 

Cancer Centers Secure Funding

IUPUI has awarded two new cancer research centers $300,000 each. The grants for the Center for the Cure of Glioblastoma and the Center for Cancer Population Analytics and Patient-Centered Informatics are part of a university funding initiative.

 

Small Business Caucus Sets Town Hall Dates

A bipartisan group tasked with improving Indiana's small business climate is planning to host more than a dozen town hall meetings throughout the state. The Indiana General Assembly's Small Business Caucus events will begin next month.

 

Purdue Calumet Hosts STEM Program

Purdue University Calumet is hosting a two-week program designed to connect junior high and middle school students to science, technology, engineering and mathematics-related activities. Project Excel focuses on low-income students and those who would be the first in their family to attend college.

 

I&M CEO Joins Board of Trustees

The chief executive officer of Fort Wayne-based Indiana Michigan Power has joined the Indiana Tech Board of Trustees. Paul Chodak previously worked as chief operating officer at Southwestern Electric Power Company and is also an Indiana Chamber of Commerce board member.

 

Symphony Orchestra Names Finance VP

The Indianapolis Symphony Orchestra has named Steve Hamilton vice president of finance. He most recently served as corporate treasurer and corporate director of finance with New York-based Redcats USA.

 

For more Inside Indiana Business, visit www.insideindianabusiness.com.

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