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    David Bordenkecher

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Articles

WellPoint pays to settle reimbursement probe-WEB ONLY

February 18, 2009

Indianapolis-based WellPoint Inc. has agreed to pay $10 million to settle a New York probe into how the health insurer reimbursed customers for out-of-network services. WellPoint also agreed to stop using the Ingenix database of reimbursement rates that New York Attorney General Andrew Cuomo has called “defective and manipulated.” “WellPoint acknowledges the conflicts of interest in […]

WellPoint paying to settle reimbursement probe-WEB ONLY

February 18, 2009

Indianapolis-based WellPoint Inc. has agreed to pay $10 million to settle a New York probe into how the health insurer reimbursed customers for out-of-network services. WellPoint also agreed to stop using the Ingenix database of reimbursement rates that New York Attorney General Andrew Cuomo has called “defective and manipulated.” “WellPoint acknowledges the conflicts of interest […]

SI deletes flag tattoo from Patrick

February 18, 2009

Danica Patrick didn’t quite bare all in her most recent Sports Illustrated swimsuit issue. While there was an abundance of skin on display, there was one thing that didn’t show up; a tattoo…

Pacers’ long-term future at issue

February 16, 2009

As long as Indiana Pacers co-owners Mel and Herb Simon are alive, I’m convinced the team will not move out of town, and certainly won’t fold. I’m not convinced there are many other…

Fast-growing Tuitive seeks to put unintuitive programmers in back seat of software, Web design

February 16, 2009

Jonathan Arnold sees big business potential in his firm “Tuitive,” which specializes in cleaning up the confusion caused by
programmers, who often put features and functionality ahead of making their product intuitive to use.

Advanced energy next focus for economic development

February 16, 2009

The Central Indiana Corporate Partnership—the parent of the BioCrossroads, TechPoint and Conexus industry cluster initiatives—let it be known last month that there would be a fourth leg to its economic development stool: clean technology.

Finding bright spots amid wave of bad Indy sports news

February 16, 2009

So much sad, bad, disturbing sports news. Time to look on the brighter side.

‘Green’ design is sensible in era of great uncertainty

February 16, 2009

Contrary to fears, environmentally friendly construction isn’t expensive.

Are we victims of ‘group think’?

February 16, 2009

“Group think,” a powerful and controlling force, was present as the Capital Improvement Board built Lucas Oil Stadium and Eli Lilly and Co. developed and marketed Zyprexa.

Judge upholds sanctions in Conseco loan case

February 16, 2009

U.S. District Court Judge Larry J. McKinney upheld sanctions against Dennis E. Murray Sr. in his legal battle with Carmel-based insurer Conseco Inc.

State thinking clean-WEB ONLY

February 14, 2009

The Central Indiana Corporate Partnership-the parent of the BioCrossroads, TechPoint and Conexus industry cluster initiatives-let it be known last month that there would be a fourth leg to its economic development stool: clean technology. The new initiative is known to insiders as the Indiana Energy Systems Network and has been under the reins of Paul […]

SPORTS: Finding bright spots amid wave of bad sports news-WEB ONLY

February 14, 2009

Locally, the Capital Improvement Board is swimming in red ink and trying to figure how to fund our glistening sports venues-Lucas Oil Stadium, Conseco Fieldhouse and Victory Field. The Indiana Pacers report losing money nine of the last 10 years. And this year’s team seems to be sliding toward a spot in the NBA draft […]

Businesses slashed inventories 1.3 percent in December-WEB ONLY

February 12, 2009

U.S. businesses slashed inventories in December by the biggest amount in seven years as they coped with plunging sales in a dismal holiday season. The Commerce Department reported today that inventories fell 1.3 percent in December, far worse than the 0.9 percent decline analysts expected. It was the largest cut since the record 1.5 percent […]

Businesses cut inventories 1.3 percent in December-WEB ONLY

February 12, 2009

U.S. businesses slashed inventories in December by the biggest amount in seven years as they coped with plunging sales in a dismal holiday season. The Commerce Department reported today that inventories fell 1.3 percent in December, far worse than the 0.9 percent decline analysts expected. It was the largest cut since the record 1.5 percent […]

New jobless claims drop slightly nationwide-WEB ONLY

February 12, 2009

The number of people requesting first-time unemployment benefits dropped slightly last week, but remained near a 26-year high as companies laid off thousands of workers amid a deepening recession. The Commerce Department said today that the number of initial jobless benefit claims dropped to a seasonally-adjusted 623,000, from an upwardly revised figure of 631,000 the […]

UnitedHealthcare hopes cards bring customers-WEB ONLY

February 11, 2009

Dan Krajnovich thinks UnitedHealthcare’s new and improved swipe cards will help his company add more doctors to its network of providers, boosting its competitiveness in the marketplace. The cards, which can be swiped through any credit-card style reader, gives providers access to a secured UnitedHealthcare Web portal that includes a patient’s past medical claims, specifics […]

Coming to work sick

February 10, 2009

Now that smokers are mostly banished to the outdoors, thereâ??s a new work place pariah â?? those who show up
coughing, sneezing and otherwise obviously sick.

In the not-so-recent past, failing to make it to work while under the weather could be…

Pacers: We’ve lost money 9 of last 10 years

February 9, 2009

Swamped by financial losses that go back to the time Herb and Mel Simon bought the Indiana Pacers in 1983, team officials
are now looking for a new game plan—one that may involve financial assistance from taxpayers and visitors.

Digital boosts local music and labels

February 9, 2009

These days, local musicians can record cheaply at home and distribute their music inexpensively, and tracks can be sent digitally to critics and bloggers.

Mall giant says it’s in good shape, but takes steps to conserve cash

February 9, 2009

Despite assurances of strength, Simon Property Group Inc. has decided to pay 90 percent of its dividend in stock, a move that allows the company to hold onto $925 million in cash this year but could alienate shareholders drawn by the dividend.

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