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WellPoint
Analyst: WellPoint CEO search down to two
November 19, 2012
J.K. WallAccording to one Wall Street analyst, the search for a new CEO for Indianapolis-based health insurer WellPoint Inc. is down
to two candidates: former Aetna Inc. CEO Ron Williams and Amerigroup Corp. CEO Jim Carlson.
MoreSmall biz exposure clouds WellPoint's future
November 12, 2012
J.K. WallWellPoint’s average small-employer client has just 8.5 lives covered on its health plan. And firms of that size are
far more likely to use the new health insurance exchanges, said WellPoint Chief Financial Officer Wayne DeVeydt.
MoreHealth insurance stocks flop after Obama wins second term
November 8, 2012
Associated PressHealth insurance stocks sank deeper than the broader market Wednesday after President Barack Obama's re-election helped
clarify the future of his health care overhaul, a sweeping law that some investors fear will pinch profits.
MoreWellPoint shares droop despite profitable quarter
November 7, 2012
Bloomberg NewsWellPoint Inc.'s third-quarter earnings trumped Wall Street expectations, but the health insurer's stock tumbled Wednesday
after President Barack Obama won re-election, a victory that could help cement the future of his health care overhaul.
MoreDeal provides peek at Anthem's narrow networks
November 5, 2012
J.K. WallA new agreement in Wisconsin provides a glimpse of the kind of “narrow network” arrangements that Indianapolis-based
Anthem Blue Cross and Blue Shield might attempt in Indiana.
MoreJudge approves $90 million for Anthem plaintiffs
October 29, 2012
Kathleen McLaughlinThe settlement will go to 700,000 claimants in Indiana, Ohio, Kentucky and Connecticut, who said Anthem underpaid them when
it converted in 2001 from policyholder ownership into publicly traded company WellPoint Inc.
MoreAmerigroup shareholders approve $4.9B sale to WellPoint
October 24, 2012
J.K. WallShareholders of Amerigroup Corp. overwhelming approved the Virginia company’s sale for $4.9 billion to Indianapolis-based
health insurer WellPoint Inc. in a vote on Tuesday. The vote clears the way for the acquisition to close before the end of
the year.
MoreSmall law firm sees faith in WellPoint class-action suit pay off
October 13, 2012
Greg AndrewsA federal judge in June granted preliminary approval to a deal under which WellPoint Inc. would pay $90 million to settle
a lawsuit charging it undercompensated policyholders when it converted into a public company in 2001.
MoreWellPoint reorganizes into four business units
October 11, 2012
Bloomberg NewsSeparate Medicare and Medicaid divisions each will sell plans for those government-backed insurance programs. Another will
handle commercial and individual business, and a specialty unit will provide dental, vision and disability coverage.
MoreWellpoint raises $1.35B in first convertible offering since '99
October 3, 2012
Indianapolis-based WellPoint Inc. sold its first convertible securities in more than 13 years with a $1.35 billion offering
of 30-year bonds.
MoreAmerigroup delays vote on $4.9B WellPoint acquisition
October 3, 2012
Bloomberg NewsAmerigroup Corp. officials agreed to delay a shareholder vote on WellPoint Inc.’s $4.9 billion buyout offer to resolve
investors’ claims they were being shortchanged in the deal, the company said in a securities filing.
MoreWellPoint to add 100-plus local jobs for new Medicare contract
October 2, 2012
J.K. WallWellPoint Inc.’s National Government Services unit will add more than 100 jobs in Indianapolis beginning late this year
or early next after the health insurance giant won a new contract with the federal Medicare program.
MoreWellPoint likely to go outside for chief
September 29, 2012
J.K. WallWhile WellPoint Inc. and its predecessors have a history of grooming new CEOs in-house, the next leader of the health insurance
giant is likely to be an outsider, according to interviews with more than a half dozen former directors and officers of the
company.
MoreSome hospitals, doctors might be cut from health plans
September 29, 2012
J.K. WallWith health insurance premiums continuing to outstrip inflation, some health insurers and hospital systems are considering
bringing back an old strategy: limiting patient access to a “narrow” network of doctors and hospitals.
MoreWellPoint hires Chicago-based search firm to find CEO
September 25, 2012
Bloomberg NewsChicago-based recruiting firm Spencer Stuart & Associates Ltd. has previously led executive and board director hunts for
companies including Facebook Inc., Comcast Corp., Talbots Inc. and Hewlett-Packard Co.
MoreWellPoint says CEO search to take three to six months
September 20, 2012
Bloomberg NewsWellPoint is seeking a replacement for former CEO Angela Braly, who stepped down Aug. 28 amid shareholder discontent. The
company plans to hire a search firm within the next week.
MoreWellPoint spends $50M to burnish brand
September 17, 2012
J.K. WallThe Indianapolis-based health insurer expects the purchase of health insurance to look and feel much more like online retailing
than ever before, where brand name, along with price and convenience, win the day.
MoreWellPoint management team gets board support, CFO says
September 10, 2012
Bloomberg NewsAlmost two weeks after Angela Braly was forced out as WellPoint Inc. CEO, the management team she put in place has been told
by the board it will stay, said Chief Financial Officer Wayne Deveydt.
MoreBloomington docs still feuding with Anthem
September 10, 2012
J.K. WallA large physician practice in Bloomington remains at an impasse with Anthem Blue Cross and Blue Shield of Indiana less than
two months before their contract is set to expire.
MoreWellPoint plans debt offerings to fund Amerigroup acquisition
September 5, 2012
Bloomberg NewsIndianapolis-based WellPoint Inc., the second-biggest U.S. health insurer, is planning a four-part debt offering to help fund
its $4.9 billion acquisition of Amerigroup Corp, the insurer said Wednesday.
MoreBounty on Braly? $1.4 billion
September 4, 2012
J.K. WallInvestors who called strongly for the head of WellPoint Inc. CEO Angela Braly got what they wanted last week. In response,
they bid up WellPoint's share price by $1.4 billion on the day after she resigned.
MoreEDITORIAL: Braly ouster overstates failures
September 1, 2012
IBJ StaffInvestors heaped criticism on former WellPoint Inc. CEO Angela Braly and called for her ouster in the weeks leading up to
her resignation Aug. 28, but her leadership of the health-insurance giant might not be judged so harshly once the smoke clears.
MoreDeparting CEO Braly due to get $15M exit package
August 29, 2012
J.K. WallWellPoint Inc. is expected to give about $15 million in cash, stock and benefits to former CEO Angela Braly on her way out
the door, based on the terms of a separation agreement filed by the company Wednesday morning. And the payout could be even
more lucrative based on the company's future stock price.
MoreWellPoint launches search for new CEO after Braly resignation
August 29, 2012
IBJ Staff and Bloomberg NewsInvestors are looking for a CEO who can right the Indianapolis-based company’s financial performance and integrate WellPoint’s
recent deals to buy Medicaid insurer Amerigroup Corp. and vision company 1-800-Contacts Inc.
MoreBraly's departure occurred sooner than many expected
August 28, 2012
IBJ Staff and Bloomberg NewsEven though CEO Angela Braly was facing withering criticism, analysts thought WellPoint would be reluctant to change CEOs
while its $4.9 billion acquisition of Amerigroup Corp. was pending.
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It's also across the street from Fogo de Chao and Morton's....
Yep, the haters are trying to make good news bad. I guess it is hard to get people to believe the series is dying when they are gaining new sponsors.
David Copperfield! I remember watching his specials on TV when I was little.
Don't forget this is next to an MMA gym, a pawn shop, and some abandoned spaces.
Good project for Zionsville - A group who has owned the property for many years has waited and worked patiently to bring highest and best use development to a major corridor, and mix that in with the great downtown you have. Win Win. All the Best to Pittman Partners and Zionsville.