At 78, L. Gene Tanner is one of the longest-serving investment advisers working in Indianapolis. Tanner spoke with IBJ's Norm Heikens about why he shifted to City Securities, his brush with convicted Ponzi scheme operator Bernard Madoff, and how his investment strategy has changed.
Under political pressure, Gov. Mitch Daniels' administration has come late to the federal stimulus funds game. At best, the state will recover $24 million in reimbursements for money spent by not-for-profit agencies on services to the poor.
The company is seeing a rush of new sales for its Web-based electronic medical record system from doctors, who all stand to
receive bonus payments from the federal stimulus act for computerizing their patient records.
Daniels has publicly railed against the newly approved $26 billion stimulus package, but his office said Friday that applications
had been submitted for about $200 million toward Medicaid and about $200 million for education.
Indiana Gov. Mitch Daniels said he opposes more stimulus such as aid to states to keep teachers hired and to expand credit
to small business, while favoring incentives to revive private hiring and investment.
When the Indiana Health Information Exchange launched in 2004, it was one of nine truly operational exchanges around the country.
Today, the Indianapolis-based organization is one of 73, according to the latest national survey by the eHealth Initiative.