Health Care

'Mini meds' latest medicine for rising health care costs: Employers begin to embrace limited-benefit plansRestricted Content

November 19, 2007
J.K. Wall
Two years ago, Indianapolis insurance broker Greg Wright started hawking an old kind of health insurance in a new way. He calls it a mini med. Others call it a limited-benefit health plan. It allows employers or their employees to pick coverage from a menu of items and receive insurance for only those items. If they don't pick emergency room visits, for example, they're not insured for them. It's the kind of bare-bones benefits some retailers and restaurants, such as...
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Ballard book favors positive, forceful leadership styleRestricted Content

November 19, 2007
Peter Schnitzler
Students complained about Greg Ballard when he taught college business courses. The man they called "the Colonel" had strict rules and high expectations. Frustrated, undergraduates sometimes tried to go over his head. His boss, Indiana Business College administrator Marc Konesco, encountered them in his office. But students never got far. Konesco refused to overrule the Colonel's decisions. "I always said, 'That's his classroom,'" recalled Konesco, the college's vice president of marketing and enrollment. "His style was one where the students...
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Hancock developer's plan matures: Copper Leaf would be region's largest, most comprehensive senior housingRestricted Content

November 19, 2007
Chris O\'malley
What started as Jim Brothers' search for an assisted-living facility for his mother could end up as the region's most comprehensive retirement "resort." The president of The Bradford Group, an Indianapolis residential developer, has been working several months to get the zoning he needs for Copper Leaf. The 177-acre community on the east side of McCordsville would be home to 400 to 600 residents and sport a nine-hole public golf course. About 30 acres would be set aside for restaurants,...
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Health care top choice in career poll: Student interest in technology jobs holds steady, state survey findsRestricted Content

November 19, 2007
Scott Olson
Recent results from an annual survey show health services remains the most popular career choice among Indiana high-school juniors planning to go to college. The questionnaire was administered by Learn More Indiana, an effort to promote college and career planning supported by the Indiana Commission for Higher Education, as well as a few other state agencies. Learn More Indiana has existed for about 20 years, but had been known as the Indiana College Admissions and Placement Center before the arrival...
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Group aims to turn data into better care: Lilly's Larkin joins Health Information ExchangeRestricted Content

November 19, 2007
J.K. Wall
The Indiana Health Information Exchange recently hired Dr. Greg Larkin to be its chief medical officer. Larkin, who is the longtime head of Eli Lilly and Co.'s employee clinics and health plans, will focus on the exchange's Quality Health First program, which aims to use a local database of doctors' records and insurance claims to help doctors improve their quality of care. The program includes health insurance plans-such as Anthem, UnitedHealth and Medicare-that cover on average 70 percent of local...
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Bariatric product key for software firm's growth: Former WellPoint execs heading up young companyRestricted Content

November 12, 2007
J.K. Wall
Medical Animatics LLC hopes its latest product helps double its size while helping patients shrink theirs. The small Indianapolis firm plans to roll out bariatric-education software by yearend. By tapping the popular surgery procedure, Medical Animatics' officers hope that product grows sales enough to double its nine-person work force in a year. The new product launch is the first major initiative for Medical Animatics since it secured angel investments from two former WellPoint Inc. officers earlier this year. Jane Niederberger...
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EYE ON THE PIE: Children are central issue for '08Restricted Content

November 12, 2007
Morton Marcus
The election campaign of 2008 can transform our state if the candidates focus their attention on children. We can develop a healthy economy and become a model of civility if we focus systematically on our children. Many people are convinced government spends too much. What they mean is that government spends for services that don't benefit them or services they wish they did not need. Who wants to spend money on juvenile corrections or adult reading programs for prisoners? Who...
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PROFILE MARIANNE O'CONNOR PRICE: Balanced equation Mother of four excels in careers from engineering to researchRestricted Content

November 12, 2007
Della Pacheco
PROFILE MARIANNE O'CONNOR PRICE Balanced equation Mother of four excels in careers from engineering to research When Marianne Price graduated from the University of Notre Dame in 1974 with a degree in engineering, she was among the scarce 2 percent of women nationwide graduating in that field. She also achieved something that no other female at Notre Dame had ever done to that point-she was valedictorian of her graduating class. Price, 54, is director of the Cornea Research Foundation of...
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WellPoint adjusts to executive exodusRestricted Content

October 22, 2007
J.K. Wall
Fifteen senior executives have left WellPoint Inc. since November 2004, when the giant health insurer formed through Indianapolis-based Anthem Inc.'s $16.5 billion acquisition of California-based WellPoint Health Networks Inc. The merger made many of them rich, work at WellPoint was grueling, and personal commitments called. So they moved on.
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Ex-Duke exec, wife tackle senior housing: Horns have nationwide plans for The Stratford Cos.Restricted Content

October 22, 2007
Scott Olson
Richard and Wendy Horn have had their share of separate real estate successes. Now, they've combined their corporate talents as a husband-and-wife team to lead an upstart senior housing developer. Richard joined The Stratford Cos. in May 2006 as chairman and CEO, and has since moved its headquarters from St. Louis to Indianapolis' north side in Parkwood Crossing. He is known within commercial real estate circles as a former veteran of Duke Realty Corp., where he enjoyed a two-year stint...
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Can multilevel marketing cure high drug costs?: Texas firm passing out free drug discount cards in IndianaRestricted Content

October 22, 2007
J.K. Wall
Here's a new strategy to control spiraling drug prices: multilevel marketing. That's right. A new company called NuLegacy International LLC is deploying the tactics of Amway Corp. to give Americans-particularly those without health insurance-a break on prescription drug costs. The Texas-based company's key selling points? Its cards are free. And they're good for potentially large discounts off the full price of prescription drugs. Drugstores, in theory, get a higher volume of customers because of the discounts. "The timing is now,"...
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Firm sees growth for on-site clinics: Novia thinks workplace care can cut costs, help employeesRestricted Content

October 15, 2007
Scott Olson
Doctors who make house calls are about as obsolete as polio. But a fledgling local company is taking a page from the past and reintroducing the practice to the workplace instead of the home. Rising medical costs and the companies desperate to contain them are driving interest in the emerging model of on-site clinics. Large employers such as Toyota Motor Co., Pepsi Bottling Group, Credit Suisse and Sprint Nextel have embraced health clinics in recent years, in hopes of promoting...
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Arcadia Resources HQ lured to city by central location:Restricted Content

October 15, 2007
Peter Schnitzler
Arcadia Resources Inc. CEO Marvin Richardson, an Anderson native and Purdue University pharmacy graduate, said Indianapolis was chosen for the company's new headquarters because the city's central location will create an advantage when it launches a new drug-packaging system. The system, called DailyMed, will help patients manage their prescription pills. The company plans to open a distribution center for DailyMed in the near future that eventually could employ 300 or more. Arcadia will move from the Detroit suburb of Southfield....
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Experts look into the future of health care: Industry panelists disagree on whether current system needs radical changesRestricted Content

October 15, 2007
Five local industry leaders conducted a serious debate over problems and issues facing our health care system during the most recent installment in Indianapolis Business Journal's Power Breakfast series. The event took place at the Downtown Marriott hotel on Sept. 21 The panelists: Robert Brody, president and CEO of St. Francis Hospital & Health Centers, the Indianapolis-area's fourth-largest hospital system. Brody has been chief executive at St. Francis since 1996. Dr. Robert Mouser, a primary care physician at Cornerstone Family...
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Marketing firm broadens offerings, narrows focus: Hetrick projects 20-percent growth on fewer clientsRestricted Content

October 8, 2007
Anthony Schoettle
In the last year, Hetrick Communications has hired 10 employees, added a major new client, and changed its focus. What was once primarily a public relations firm is now also an advertising agency targeting health care and life sciences. On the heels of the changes, Hetrick actually wants fewer clients. "We want fewer, bigger clients," said Amy Ahlersmeyer, the firm's president and chief operating officer. "We want our growth to come absolutely in the health care and life sciences sector."...
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Wellness working for Goodwill workers: Despite high turnover rates, program cuts costsRestricted Content

October 8, 2007
J.K. Wall
Why pay to get employees healthy if they're likely to leave in a few years? That used to be the killer question for wellness and disease management programs. But that attitude is changing. And employers like Goodwill Industries of Central Indiana are a good example of why. The not-for-profit, whose main mission is to help workers make a transition into other jobs, has enjoyed significant savings on health care costs even as it has ditched the employee-paid deductible on its...
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EYE ON THE PIE: Good news about Indiana economyRestricted Content

October 1, 2007
Morton Marcus
What do most people concerned with economic development want to see? More jobs at better pay. How can we tell if we are getting there? Simply by looking at what is happening to earnings. Earnings divided by the number of jobs equals average earnings per job. Hence, with elementary school arithmetic, we can say that earnings equals the number of jobs multiplied by the average earning per job, exactly the two indicators of economic development that most folks want to...
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Health benefits brokers ripe for consolidation: Strategic Health, armed with new owner's technology and deep pockets, is on the prowl to roll up peersRestricted Content

September 24, 2007
J.K. Wall
When Dane Hudson sold his health benefits consultancy on Aug. 1, he hoped it was only his first of many mergers. Hudson, the founder of Strategic Health Plans Corp. in Carmel, sold his company to Illinois-based Arthur J. Gallagher & Co. for an undisclosed amount. Gallagher, a quiet company that is one of the nation's largest health benefits firms, wants Hudson to buy up another three or four health benefits brokers in the next five years. Hudson also said he'll...
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Commentary: Get the smoke out of our eyesRestricted Content

September 24, 2007
Mickey Maurer
Andy Jacobs Jr. wrote in an IBJ column that smoking is an expensive and painful way to commit suicide. He's right. But he didn't go far enough. Breathing secondhand smoke at one's place of employment is also an expensive and painful way to go. The world is beginning to read the smoke signals. Many countries have passed laws to protect their work force from secondhand smoke. Today, you cannot smoke even in an Irish pub. In our country, 22 states...
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Health care fix may wait for '08: But other federal bills important to small business are making headwayRestricted Content

September 24, 2007
Jennifer Whitson
That's not what many NFIB members wanted to hear. "I've been a member of [the advocacy group] since 1985, and since 1985 the top issue has been health care that is affordable for businesses and employees," said Barbara Quandt of Indianapolis-based Quality Environmental Professionals Inc. The firm's health insurance costs increased by 33 percent in 2007, and Quandt said company leaders are "quaking" with dread over what will happen in 2008. QEPI covers 75 percent of insurance costs for its...
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Health hot spot rises in BrownsburgRestricted Content

September 17, 2007
J.K. Wall
Plans abound to bring new health care facilities to Brownsburg, one of Hendricks County's fast-growing towns. Some familiar local names, such as OrthoIndy, St. Vincent Health and Clarian Health Partners, all have claims to land in the Brownsburg area.
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Pain of nurse shortages eases for hospitals: They enjoy fewer vacant positions, but still worry about coming boomer retirementsRestricted Content

September 10, 2007
J.K. Wall
Good news. The shortage of hospital nurses isn't quite as bad as it used to be. In the last five years, Indianapolis' hospitals have chipped away quietly at the gap in nurse staffing that seized local and national attention earlier this decade. To achieve these modest declines in what hospitals call their nursing vacancy rates, they have revamped their recruitment and retention efforts at a time when nurses have more options outside hospitals than ever before. Nursing schools are working...
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VOICES FROM THE INDUSTRY: Upon further review ... new reasons for old buildingsRestricted Content

September 3, 2007
Don Altemeyer
Buildings, just like people, have lives. They're born, they do their jobs, they take on new roles and, after about 75 years, most of them reach the end. Sadly, some beautiful ones die too soon, while a few ugly ones live too long. How should we decide when to save a building or when to tear it down? And have the reasons changed? The terms of renovation are well-known (adaptive re-use, mixed-use development and historic preservation). When our actions meet...
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VOICES FROM THE INDUSTRY: Choosing renovation or new construction a tough decisionRestricted Content

September 3, 2007
Fred J.
Sooner or later, in the life of almost every building owner, there comes a time when a structure has outlived its usefulness in its current condition. A choice between two options must be made. Do we renovate or do we demolish and build something totally new? The answer is by no means easy or automatic. Confronted with these options, an owner must grapple with a host of issues. The following sample is not exhaustive but may prove helpful as a...
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EYE ON THE PIE: Should fees replace property taxes?Restricted Content

August 27, 2007
Morton Marcus
So you want to be a boxer in Indiana? There's a $10 fee to be paid every other year for the privilege. That's a lot lower than the twoyear fee of $100 paid by architects. A driver's license is good for five years and costs just $19.50. Whereas your aircraft bears a $10 annual registration fee, your passenger car has a $20.75 annual state fee. If you want to support a special cause, the Bureau of Motor Vehicles charges a...
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