Indianapolis Business Journal

OCTOBER 1-7, 2012

This week, find out why a Six Sigma guru is poring over the city budget and read about Indiana Rail Road's plans for a downtown terminal. In Focus, see what old-school strategy insurers and hospitals are considering bringing back. And our Forefront columnists weigh in on topics ranging from campaign-finance laws to college preparedness.

Front PageBack to Top

Big names competing for Butler project

Butler University is finalizing plans for a mixed-use parking garage project near Clowes Hall that would include neighborhood retail and housing and might cost as much as $45 million.

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WellPoint likely to go outside for chief

While 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.

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Top StoriesBack to Top

Local pilot turns aerobatics into satisfying ‘jobby’

Billy Werth’s passion for flying has landed him two jobs that pay the bills–as commercial pilot with Chautauqua Airlines and a major in the Air Force Reserves at Grissom Air Reserve Base in Peru. His third job is just for fun. Since 2006, Werth has owned an acrobatic flying company called Grayout Aerosports.

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Bill for Medicaid expansion? $516M a year

If Indiana expands its Medicaid program as called for under President Obama’s health reform law, it likely will hike state spending on the program an extra 13.5 percent—or $516 million annually—by 2020, according to the latest projections from Seattle-based actuarial firm Milliman Inc.

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FocusBack to Top

HARVEY: Dearth of faculty leading to nurse shortage

The looming shortage of nurses and the faculty to educate nurses threatens Americans’ access to quality health care. As our population ages and health care becomes more extensive and complex, an increasing demand for highly educated nurses persists. This need directly influences the necessity for nursing faculty.

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BRODY: Accountable care organizations improve health care

As we began looking at accountable care organizations, we clearly understood that this new model complemented our existing approach and had potential to significantly affect care, leading to better communication, better coordination of care, and better outcomes for patients.

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Group aims to cut costs of late-stage drugs

You know things are bad in the fiercely competitive pharma industry when drugmakers start turning to each other for help. But that’s exactly what happened last week when 10 major drug companies—including Eli Lilly and Co.—joined forces to cut costs out of clinical trials.

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OpinionBack to Top

RUSTHOVEN: The ‘Hee Haw’ candidate distorts again

John Gregg is at it again. In a gubernatorial campaign marked by dishonest attacks on GOP nominee Mike Pence, Gregg’s newest ad shows him under an umbrella with water running off it. Gregg, speaking in Mr. Folksy mode, tells us Pence wants to spend Indiana’s entire “rainy day” fund. Citing his experience as former Vincennes University president, Mr. Folksy warns this is a bad idea, one more way Pence threatens education.

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PERSON: Stand up for the ISO before it’s too late

For three years, Indianapolis was the city I called home, and the Indianapolis Symphony Orchestra was where I was proud to work. I am sad to learn not only of the serious problems the organization now faces, but also of the possibility that the Indianapolis community could lose one of its greatest assets.

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More credits for Denison growth

We want to thank IBJ for the [Sept. 24] profile of Denison Parking. While Denison’s partnership with the citizens of Indianapolis was highlighted in the article, our partnership with Hal Darring and Global Parking was left unpublished.

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Pancake too thin

I know Rex Early is a loyal Republican but I was surprised of his [Sept. 1 column] support for Mourdock. While he may tell it as he sees it, he fails to understand it is a mighty thin pancake that does not have two sides.

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In BriefBack to Top

PROXY CORNER: KAR Auction Services Inc.

KAR Auction Services Inc. is the holding company for ADESA Inc., which operates used-vehicle auctions at 68 locations, Insurance Auto Auctions Inc., which operates salvage auctions at 161 locations, and Automotive Finance Corp., which provides floorplan financing at 104 locations.

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