INDIANAPOLIS — A top administrator at Riley Hospital for Children in Indianapolis has been named the hospital’s new president and chief executive officer.
Clarian Health Partners announced Daniel Fink’s promotion on Wednesday. Fink had been Riley’s chief operating officer since 2005.
He replaces Ora Pescovitz, who left Riley this month to become CEO of the University of Michigan Health System.
Riley is one of the country’s largest pediatric hospitals, treating more than 225,000 inpatients and outpatients a year.
But the hospital also faces financial problems from the recession that caused Clarian to stop construction work on a new 10-story, $475 million expansion at Riley.
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Riley Hospital for Children in Indianapolis gets new CEO
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River View gets a new option
As for progress, Bobo said he met with two banks Tuesday prior to the meeting. He added there’s been interest in financing the project from national lenders including U.S. Bank.
Additionally, Bobo said his team has meet with national investors as another source to fund the project and believes Mainland Properties could soon gain financial partners for River View. -
Bridges project specifics emerging
Valentine outlined that incentives will be part of Kentucky’s contract with the winning bidder.
He explained that once construction begins, the expected cost of construction per day will total about $80,000 and the contractor can earn incentives for finishing early and penalties for finishing late. A completion date is set for June 30, 2018. -
Spring Street Hill Road repair to begin around June 1
Councilman Bob Caesar, who sponsored the council measure and is a Silver Hills resident, said the reopening of Spring Street Hill road will be a “big deal” for the community.
“We just wanted to make sure this was done once and done right,” he said. -
TARC OKs rate increases
Contrary to its monetary situation, the amount of people riding the public transit system has increased about 10 percent, Barker said.
But the transportation service had not raised its fares, aside from express routes, in four years. -
Workshops on windows set for Thursday
Instructor Jack P. Patchin of Ol’ House Experts in Madison has more than 30 years of experience in construction and restoration. Patchin has restored wood windows for homes, barns, and outbuildings.
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A bit less jump at the pump
Recent developments in the economic crisis in Greece and an apparent slowdown in China’s economy could be important to summer’s gasoline prices.
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Jeffersonville budget cuts move forward
The action is not final, as officially the council has only approved a resolution instructing the city’s financial officer to advertise the cuts.
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Corden Porter purchase tabled again
The council expressed other concerns, including the potential for asbestos in the building, the costs to cover utility payments and the costs to renovate the building.
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Road work ahead: Projects under way in New Albany
The city earmarked about $600,000 of federal Community Development Block Grant funds to improve and install sidewalks. The project list, which has to focus on inner city areas because of CDBG regulations, is nearly finished, Rosenbarger said.
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State takeover of failing schools meets resistance
Under the law, the state can step in and turn the failing school over to a private operator.
Seven schools in Indiana located in high-poverty school districts in Gary and Indianapolis are set to be taken over this coming school year. - More Business/Money Headlines
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River View gets a new option



