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David Bordenkecher
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Don’t turn back on local needs: United Way deserves support as much as hurricane victims

September 19, 2005

How do you compete with Hurricane Katrina? For three weeks, we have been inundated by images of suffering and devastation on the Gulf Coast. In the midst of it all, United Way of Central Indiana has struggled to attract attention to the kickoff of its annual campaign. It’s a tough sell, just as it was four years ago when another horrific event-the 9/11 terrorist attacks-coincided with the campaign kickoff. “It took the fund-raising community about three years to recover from…

Campaign just part of local United Way: Agency aims to meet community needs

September 19, 2005

United Way of Central Indiana got its start in 1918 as Indianapolis’ War Chest. Many decades and several name changes later, the organization still is fighting to raise enough money to meet vital community needs. Leaders kicked off the 2005 campaign this month, trying to raise $36.6 million, mostly from workplace campaigns and corporate gifts. Together, the two sources represent about 97 percent of all pledges. UWCI’s campaign is the 22nd-largest in the country. On these two pages, IBJ details…

NOTIONS: Four years after 9/11, freedom still resounds

September 19, 2005

Dear Mr. bin Laden: On Sept. 11, 2005, I woke up late. I’d been to dinner and a movie the night before. Then I stayed up reading. So I slept in Sunday morning. I moseyed out of bed, put on gym shorts and a T-shirt, and retrieved the newspapers from the drive. You got beat on the front page by Hurricane Katrina. We like our crises fresh. Yours has grown stale. You made the cover of The New York Times…

EndGenitor might hold key to repairing blood vessels: Biomedical startup researchers grow cells from umbilical cord fluid

September 19, 2005

En d G e n i t o r Technologies Inc. is a prime example of the type of company BioCrossroads, central Indiana’s life sciences initiative, covets. Founded on the scientific discoveries of two Indiana University School of Medicine researchers, the venture is on the cusp of producing stem cells that someday could repair the blood vessels of heart attack victims and diabetics. Drs. Mervin Yoder, 52, and David Ingram, 39, company cofounders and professors at the Herman B Wells…

Flexible spending extension expected to be little-used: Planners say total elimination of use-it-or-lose it rule would increase participation, make plans more useful

September 26, 2005

A new Internal Revenue Service rule relaxes the “use it or lose it” rule in flexible spending accounts by extending the period during which expenses may be incurred beyond the end of the plan year. Health care flexible spending accounts allow participants to set aside at the beginning of the year a predetermined amount of pretax money to be used for medical, dental and vision expenses not covered by insurance. Dependent care spending accounts do the same thing for child…

Are you prepared for DISASTER?: Despite warnings, many businesses fail to plan for the worst

September 26, 2005

Are you prepared for Despite warnings, many businesses fail to plan for the worst Frank Hancock didn’t have a disasterrecovery plan when a tornado tore past his east-side printing company two years ago, causing $5 million in damage. Severe wind gusts from the Sept. 20, 2003, storm shredded Sport Graphics Inc.’s 5-month-old warehouse and manufacturing facility and tore 13 1,800-pound air-conditioning units from the roof, dumping them on the parking lot below. One was never recovered. Amid the mayhem that…

Winning the wallets of the ultra-wealthy: Local investment firm enters fight for lucrative market

September 26, 2005

City Securities has placed attorney Stephan Hodge, a former Indiana state securities commissioner, and Kenneth Klabunde, a certified financial planner, at the helm of its recently established three-person Wealth Advisors division. Their goal is to offer portfolio management, tax planning, trust preparation and a host of other financial products to folks with at least $3 million to $5 million in assets. But they plan to deliver it with a level of personal attention few Hoosiers receive. And much of their…

Debtors hurry to file bankruptcy: Law that takes effect Oct. 17 makes filing harder, requires more to make restitution

September 26, 2005

Consumers who have been contemplating bankruptcy are now flocking to file before more stringent regulations take effect Oct. 17. Federal lawmakers passed a bankruptcy reform measure in March to make it harder for people to wipe away unsecured debt while keeping some protected assets. The aim is to curb perceived abuses of the system by shepherding more filers through Chapter 13-instead of Chapter 7-which requires consumers to at least repay some debt. Indiana already has a high bankruptcy rate. The…

Speaking of health care: Local experts weigh in on rising costs, the uninsured and whether our current system needs an overhaul Public health priorities, executive salaries and the “gold rush” of health care construction were among the topics tackled Sept

October 3, 2005

Public health priorities, executive salaries and the “gold rush” of health care construction were among the topics tackled Sept. 21 in the latest installment of Indianapolis Business Journal’s Power Breakfast Series. IBJ reporter Tom Murphy moderated the panel discussion, attended by some of the area’s foremost health care experts. Following is an edited transcript of the often-spirited discussion, which included a brief interruption by protestors seeking medical insurance coverage for janitorial staff who clean Anthem Inc. buildings. IBJ: Can you…

WellPoint company slapped over Medicare: AdminaStar Federal agrees to pay $6 million to resolve old fraud allegations

October 3, 2005

A WellPoint Inc. subsidiary has agreed to pay $6 million to the federal government to resolve whistleblower accusations of rampant Medicare fraud over a seven-year span in the 1990s. AdminaStar Federal altered claims information, overcharged the government, and even hung up on customers to reduce call times and improve evaluations, according to civil lawsuits filed by several whistleblowers in 1999 and 2000 in U.S. District Court for the Western District of Kentucky. The Indianapolis-based company administers and processes Medicare claims…

BEHIND THE NEWS: Is exec a fraud or just bad at business? A jury will decide

October 3, 2005

Forget Disneyworld. The real excitement in Orlando, Fla., this fall likely will be in a federal courtroom, where Carmel native James T. O’Neal Jr. is scheduled to stand trial on charges he swindled millions of dollars from the rich and famous, including high-profile Indianapolis businesspeople. A federal grand jury indicted O’Neal a year ago on 82 felony counts of money laundering, mail fraud and filing false tax returns. If the 12-person jury finds the 60-year-old Orlando resident guilty, he could…

Parents banking on storage of umbilical cord blood: Founder keeps research alive through Genesis Bank

October 3, 2005

Blood from the umbilical cord of a baby expected to be born in Indianapolis later this month will be collected after her birth and saved for her 5-year-old sister, who has been diagnosed with cancer. The stem cells extracted from the baby’s umbilical cord blood might someday save the life of her sibling. While doctors at Riley Hospital for Children wait and see if the young cancer patient responds to standard treatment over the next couple of years, the stem…

Hip-deep in endorsements: Sony, Kraft deals help Manning reign as NFL advertising king

October 3, 2005

With three newly inked endorsement deals, Indianapolis Colts quarterback Peyton Manning is scoring faster and more often with corporate America than any other National Football League player, according to his handlers at Cleveland-based IMG Worldwide. But Manning’s endorsement success hasn’t played out as fast as one of his famous twominute drills. Since entering the league sevenplus years ago, Manning and IMG have followed a carefully diagrammed blueprint to build first a local platform through deals with St. Vincent Health and…

NOTIONS: How big-ticket amenities deliver long-term ROI

October 3, 2005

Fourteen years ago this month, my new bride and I loaded our belongings onto a moving van in Bloomfield, Conn. We packed our cats, suitcases and a few heirlooms into our cars, and pulled away from our little apartment bound for a place called Indianapolis. As I followed Pam’s blue Accord through New York and New Jersey, Pennsylvania and Ohio, I listened to cassette tapes, trying to drown out the mews from the back seat. With David Sanborn and Stan…

Pathway to growth: Production firm’s storytelling attracts national attention

October 10, 2005

Despite a wall lined with Emmy Awards and a client list including ESPN and VH1, Pathway Productions founder Michael Husain is as eager to talk about corporate work and Web site development as his firm’s latest Peyton Manning documentary or his work showcased in this year’s Heartland Film Festival. “The new media side of our business, and that includes Web site development, grew 100 percent in each of the last two years,” Husain said. “So you can see why we’re…

Web service hungry for business: 46 local restaurants sign up for online takeout ordering

October 10, 2005

When pharmaceutical rep Andy Knopfmeier needed lunch for a 29-person obstetrics office he was calling on recently, he made it happen without picking up a phone or idling in a drivethrough lane. Instead, Knopfmeier-who provides lunch to doctors as a way to get in the door-went online two days before the meeting and ordered sandwiches, chicken nuggets and waffle fries from a Noblesville Chick-Fil-A. He prepaid the bill with a credit card and entered instructions on when he’d pick up…

Browning launching $10 million equity fund: Firm seeking investors for local industrial properties

October 10, 2005

After 28 years in the real estate development business, Browning Investments Inc. is inviting investors to take a cut of some of its deals. The locally based firm plans to launch a private investment fund to buy properties, mostly central Indiana industrial buildings. Browning officials are working on raising $10 million in equity for a fund that will leverage debt to acquire $30 million to $40 million in properties. They hope the fund will be the first of several. The…

RETURN ON TECHNOLOGY: What are your workers hiding from you?

October 17, 2005

Many years ago, when I worked for a machine-tool dealership, I learned a lesson about technology and employees. As I was watching an employee run a part, I noticed he was doing something I knew hadn’t been in the engineering setup requirements. When I asked about it, he replied that he knew his decision hadn’t been sanctioned by the “idiots with slide rules,” but if he had done it the approved way, it wouldn’t work. Further, if he had notified…

State changes malpractice tact: Insurance department using more outside legal help

October 17, 2005

The Indiana Department of Insurance has boosted the outside help it uses to defend its medical malpractice Patients’ Compensation Fund after seeing a record payout this summer. A staff shortage, concern voiced by providers and a ruling that could lead to huge damage sums all spurred the move, said Amy Strati, who oversees the fund as the Insurance Department’s chief counsel. “The provider community has clearly said to us, ‘We want you using experienced [medical malpractice] attorneys on the complex…

Celadon Group’s foray into e-commerce rolls on: Demand by truckers for discount fuel helps propel TruckersB2B despite flattened tire business

October 17, 2005

TruckersB2B Inc. ought to have been among the road kill of the technology bust of 2000, when the restless ghost of Adam Smith dope-slapped investors out of their hypnotic drool over anything high-tech. But unlike scores of dubious e-commerce ventures, the 5-year-old Web site offering small to midsize trucking fleets group discounts on everything from fuel to tires turned out to be built on a sustainable business model. The Indianapolisbased business now claims more than 19,000 participants representing 445,000 trucks….

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People

David Bordenkecher

Articles

Don’t turn back on local needs: United Way deserves support as much as hurricane victims

Campaign just part of local United Way: Agency aims to meet community needs

NOTIONS: Four years after 9/11, freedom still resounds

EndGenitor might hold key to repairing blood vessels: Biomedical startup researchers grow cells from umbilical cord fluid

Flexible spending extension expected to be little-used: Planners say total elimination of use-it-or-lose it rule would increase participation, make plans more useful

Are you prepared for DISASTER?: Despite warnings, many businesses fail to plan for the worst

Winning the wallets of the ultra-wealthy: Local investment firm enters fight for lucrative market

Debtors hurry to file bankruptcy: Law that takes effect Oct. 17 makes filing harder, requires more to make restitution

Speaking of health care: Local experts weigh in on rising costs, the uninsured and whether our current system needs an overhaul Public health priorities, executive salaries and the “gold rush” of health care construction were among the topics tackled Sept

WellPoint company slapped over Medicare: AdminaStar Federal agrees to pay $6 million to resolve old fraud allegations

BEHIND THE NEWS: Is exec a fraud or just bad at business? A jury will decide

Parents banking on storage of umbilical cord blood: Founder keeps research alive through Genesis Bank

Hip-deep in endorsements: Sony, Kraft deals help Manning reign as NFL advertising king

NOTIONS: How big-ticket amenities deliver long-term ROI

Pathway to growth: Production firm’s storytelling attracts national attention

Web service hungry for business: 46 local restaurants sign up for online takeout ordering

Browning launching $10 million equity fund: Firm seeking investors for local industrial properties

RETURN ON TECHNOLOGY: What are your workers hiding from you?

State changes malpractice tact: Insurance department using more outside legal help

Celadon Group’s foray into e-commerce rolls on: Demand by truckers for discount fuel helps propel TruckersB2B despite flattened tire business