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David Bordenkecher
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Docs asked to put ownership stake in writing: State now requires disclosure for some patient referrals

July 25, 2005

A new state law aims to shine more light on the touchy financial relationships that can crop up when a doctor refers a patient to another health care business. Since July 1, physicians have had to provide patients with a written disclosure when they make a referral to another business in which they have an ownership interest. That could mean a laboratory, specialty hospital or an imaging center, among other possibilities. State Rep. Vaneta Becker, R-Evansville, said she wrote the…

Insurers look to make uncommon comeback: Pafco, Superior hope to leave rehabilitation this year

July 25, 2005

Only the hum of central air-conditioning broke the silence when Doug Symons recently led a quick tour of the Indianapolis office where his Superior Insurance Group once employed about 180 people. Rows of gray cubicles sat empty. Boxes filled with old claims and underwriting files lined the aisles. “This,” Symons said as he waved his arms around, “is what an empty office looks like waiting to be filled.” Those bare cubicles could fill up with dozens of new employees and…

More not-for-profits try for-profit ventures ______: Mission, not money, should be motivation, observers say

July 25, 2005

Finding money for the agency’s burgeoning hunger-relief and job-training programs was difficult, and additional growth would only add to the challenge. So leaders asked themselves an increasingly common question: “What else can we do?” And like a growing number of its not-forprofit peers in Indianapolis and elsewhere, Second Helpings thinks it has the answer in a for-profit venture. Using part of a $250,000 grant from Lilly Endowment Inc. and the expertise developed in seven years of preparing and delivering meals…

New director brings experience to center: Woodall to mentor entrepreneurs at Purdue facility

July 25, 2005

Jerry M. Woodall, the new director of Purdue University’s ambitious entrepreneurship center, enjoyed an illustrious career spanning three decades at International Business Machines Corp. But for the 66-year-old New Englander, a job at New York-based IBM emerged only after another public corporation, The Gillette Co. in Boston, rescinded its offer. It did so, oddly enough, after learning he had only one eye. A cataract led doctors to remove his left eye after birth. “I distinctly remember them telling me I’d…

Scammer targets local trust: E-mail scheme seeks data from Pulliam grant recipients

July 18, 2005

An Internet scammer borrowed the identity of a high-profile local foundation this month, blasting out an error-riddled e-mail message that solicited personal information from former grant recipients. Leaders of the Nina Mason Pulliam Charitable Trust responded by sending its own e-mail to all 2,400 individuals on its electronic contact list, instructing them to disregard the fake missive that promised a $2.5 million grant. Fallout from the so-called phishing attack appears to be minimal so far, trust CEO Harriet M. Ivey…

Speculator’s personal bankruptcy may tinge spouse: Trustee sorting through assets of real estate investor Marten, jeweler wife

July 18, 2005

A real estate speculator whose wife owns a prominent Carmel jewelry store has filed for personal bankruptcy, spawning an inquiry into whether her assets should be available to repay his creditors. On April 27, Christopher Marten filed for Chapter 7 bankruptcy protection, listing assets of $1.03 million and liabilities of $2.56 million. The case is pending in U.S. Bankruptcy Court in Indianapolis. Marten’s 26 creditors include six banks and credit unions. Christopher Marten is married to Jan Marten, owner of…

NOTIONS: Time to ponder the proverbial, ‘How ARE you?’

July 18, 2005

I went to the bookstore the other day to buy a condolence card. A friend’s mom had died. There weren’t many choices. Most offered poems or Bible verses that didn’t seem right for me or the recipient. So I chose the simplest card. It featured an abstract image of light breaking through darkness. Inside, it said, “Thinking of you with deepest sympathy.” I was thinking of him. And the families of London bombing victims. And the widows, widowers and children…

Court files grow thick against Guidant: Shareholders, patients, employees air their grievances

July 18, 2005

“Attention, patients with Guidant heart defibrillators,” the announcer’s voice booms as the television commercial begins. Nearly 50,000 of the devices were recalled June 17, and people using one may be at risk, according to the ad, which has run in Tennessee, Kentucky and central Indiana so far. It ends by urging viewers to call the Becker Law Office in Louisville for a free consultation. That ad could spawn at least 10 wrongful-death lawsuits, according to Gregory Bubalo, a Louisville-based lawyer…

Employers promoting fitness: To battle steep insurance costs, businesses help employees get healthier

July 11, 2005

Wearing a pedometer, Kelly Dircksen treads 2,000 or so steps a day at the office, racking up her highest counts in her treks to the photocopier. Her 2-1/2-mile daily goal entails after-work walks, as well. The 34-year-old quoting specialist said her company pays 50 percent of any fitness-related costs for her and her family, including a Weight Watchers program, running shoes for her kids, and the entry fee for her son’s marathon. “I’m definitely healthier,” said Dircksen, who celebrates incremental…

Education programs provide job opportunities: Career Connections aims to curb turnover at entry level

July 11, 2005

When Luvinia Hollis moved to Indianapolis from Kentucky about five years ago, the then-42-year-old had few skills, so landing a job was difficult. She lived with her sisters and got some help from her ex-husband, but trying to make ends meet on $100 a week was nearly impossible. “It was so horrible for me, you wouldn’t believe,” Hollis said. She worked odd jobs for the next few years, making barely more than minimum wage. Eventually, she found her way to…

New public auto-loan firm in works: White River to buy failed Union Acceptance

July 11, 2005

A new public company is rising from the ashes of Union Acceptance Corp., the failed east-side car-financing company, and is preparing to raise $35 million through a stock offering. White River Capital Inc., which will operate from UAC’s former headquarters on North Shadeland Avenue, has agreed to buy out UAC’s shareholders for $3.1 million in stock and to buy Virginiabased auto lender Coastal Credit LLC for $50 million in cash. “It’s a tough industry, a hypercompetitive industry,” White River President…

ATA captain bids bon voyage to Orion: Mikelsons unloads $4.95 million luxury vessel as company’s struggles take toll on his assets

July 4, 2005

ATA Holdings Corp. Chairman J. George Mikelsons has sold his $4.95 million yacht and has been handed a regal bill for its crew’s pay and benefits-the latest blow to the fortunes of the bankrupt airline’s founder. “When pilots get together, one of the things that always comes up is, ‘Why does George still have his boats?’ People still complain,” said Rusty Ayers of the Air Line Pilots Association, in Chicago. “We used to joke that if they ever got furloughed,…

Ball State fosters alliance with film production pros: Center aims to help students and industry

July 4, 2005

It’s a film school without the film school. Buoyed by a $20 million grant from Indianapolis-based Lilly Endowment Inc., Ball State University’s digital learning efforts are making way for a wave of projects worthy of attention on and off campus. Recent graduate Jaron Henrie-McCrea rode the swell all the way to the Student Academy Awards last month, winning an Oscar for his short film, “Knock Knock.” Less than a week later, global industry group Media Communications Association-International honored three other…

Marian College launches motorsports curriculum: Classes to focus on business side of racing

July 4, 2005

This fall, Marian College will begin offering a unique curriculum focused on the business of motorsports. Initially, motorsports-related classes will be offered within Marian’s sports management program, but school officials said they’d like to expand the program to offer a minor and major in motorsports management. Unlike programs at Purdue University, IUPUI and Rose-Hulman Institute of Technology, Marian’s courses will not focus on computers and engineering. Instead, the program will instruct students in marketing, communications, sales and business management in…

ABDUL-HAKIM SHABAZZ Commentary: There are benefits to an open U.S. border

July 4, 2005

I was frequenting one of my favorite watering holes downtown and ordered a chocolate martini with a strawberry when my bartender informed me the price was likely to go up this summer. I asked him why and he told me there was some kind of shortage out West. So, after doing some investigation, I discovered there is a problem with the strawberry crop. There aren’t enough workers to pick them, therefore they stay on the vines and don’t make it…

By George: Speedway owner gains clout in Formula One negotiations

July 4, 2005

There may be a silver lining to the cloud that descended over Indianapolis Motor Speedway at last month’s U.S. Grand Prix: President Tony George has emerged unscathed from a public relations standpoint and has never had more control over the Formula One race his track hosts. Michelin, the French tire maker for the 14 cars that withdrew from the race because of tire-safety concerns, has offered to refund fans’ ticket costs. That’s a $10 million to $12 million expense the…

SPORTS: Keep F1 and its cash coming back to Speedway

June 27, 2005

I enjoy auto racing but must admit Formula One is not my cup of motor oil. On assignment for the local daily, I was at the initial U.S. Grand Prix at the Indianapolis Motor Speedway, wrote a less-than-positive column about it, and haven’t been back since. I liked the technology and the spectacle of the passionate, flag-waving fans, but everything else I viewed with disdain. Particularly distasteful was/is the smugness that permeates the F1 atmosphere. It emanates from the series’…

‘Clean’ manufacturing center seeking cash to survive: General Assembly kills funding for Purdue program

June 27, 2005

The center created by the Legislature to help manufacturers use environmentally friendly materials and production methods is scrambling for cash to keep stamping out solutions. The Indiana Clean Manufacturing Technology & Safe Materials Institute lost its $475,000 annual state subsidy-a little over half its income-amid budget cutting in the last session of the General Assembly. Industry and environmental groups are lamenting the potential scale-back or even closure of the institute if new funding isn’t found by August. “We certainly feel…

Cab drivers drive down complaints: Service may have improved after city toughened rules

June 27, 2005

But much of the evidence is anecdotal, as city officials said they do not have complete complaint records for the periods just before and after the City-County Council imposed tougher regulations in 2002. One key problem addressed by those reforms seems to have diminished-drivers taking passengers to the wrong address. The city received only two such complaints in the last 1-1/2 years, according to records kept by the City Controller’s Office. That had been a commonly reported problem in the…

Light dims for U.S. Grand Prix:

June 27, 2005

What started out as a technical problem for one tire company here at the Formula One U.S. Grand Prix blew up into a catastrophic F1 public relations pandemic that could very well kill the U.S. event. Fans immediately wanted to know if they were going to get their money back, not whether F1 was coming back. It is every businessman’s nightmare to have so many things go wrong in public all at once, and it will be interesting-maybe even instructive-to…

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People

David Bordenkecher

Articles

Docs asked to put ownership stake in writing: State now requires disclosure for some patient referrals

Insurers look to make uncommon comeback: Pafco, Superior hope to leave rehabilitation this year

More not-for-profits try for-profit ventures ______: Mission, not money, should be motivation, observers say

New director brings experience to center: Woodall to mentor entrepreneurs at Purdue facility

Scammer targets local trust: E-mail scheme seeks data from Pulliam grant recipients

Speculator’s personal bankruptcy may tinge spouse: Trustee sorting through assets of real estate investor Marten, jeweler wife

NOTIONS: Time to ponder the proverbial, ‘How ARE you?’

Court files grow thick against Guidant: Shareholders, patients, employees air their grievances

Employers promoting fitness: To battle steep insurance costs, businesses help employees get healthier

Education programs provide job opportunities: Career Connections aims to curb turnover at entry level

New public auto-loan firm in works: White River to buy failed Union Acceptance

ATA captain bids bon voyage to Orion: Mikelsons unloads $4.95 million luxury vessel as company’s struggles take toll on his assets

Ball State fosters alliance with film production pros: Center aims to help students and industry

Marian College launches motorsports curriculum: Classes to focus on business side of racing

ABDUL-HAKIM SHABAZZ Commentary: There are benefits to an open U.S. border

By George: Speedway owner gains clout in Formula One negotiations

SPORTS: Keep F1 and its cash coming back to Speedway

‘Clean’ manufacturing center seeking cash to survive: General Assembly kills funding for Purdue program

Cab drivers drive down complaints: Service may have improved after city toughened rules

Light dims for U.S. Grand Prix: