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Indianapolis is one of 17 cities in which the YMCA is rolling out a demonstration project to prevent the spread of Type 2 diabetes among Medicare recipients. The program, developed by YMCA of Central Indiana and researchers at Indiana University, offers a yearlong course in exercise, dieting and individual counseling. The program’s success at preventing diabetes for people at risk has drawn financial support from such health insurers as Minnesota-based UnitedHealthcare, which piloted a 16-week version in Indianapolis three years ago. According to The Wall Street Journal, UnitedHealthcare spends $20,000 on average per year to treat a patient with advanced diabetes, but just $3,700 on average to treat a patient with prediabetes. So the insurer can save money even after paying the YMCA up to $500 per participant to help keep patients from developing full-blown diabetes.

The city of Carmel has finalized a five-year agreement with Indiana University Health to operate an employee health center, which is scheduled to open in May. The health center will be built inside the IU Health Sports Performance Center at 1402 Chase Court off Carmel Drive. It will provide primary health service free of charge to all individuals on the city of Carmel’s health plan including employees, dependents and retirees. A physician, a nurse manager and medical assistant will staff the center, which will be open 25 hours per week.

The Lung Care Group, a six-physician group of pulmonology and sleep specialists, has joined St. Vincent Medical Group, the physician arm of Indianapolis-based hospital system St. Vincent Health. The Lung Care Group, located at 8330 Naab Road, included Dr. Jerome Barnes, Dr. William Byron Jr., Dr. Thomas Holian, Dr. Brandon Perkins, Dr. Mitchell Pfeiffer and Dr. Praveen Vohra.

WellPoint Inc. will raise its quarterly dividend 30 percent. The Indianapolis-based health insurer says it will pay 37.5 cents per share in the first quarter, up from 28.7 cents in the fourth quarter. WellPoint expects to return about $2 billion to shareholders this year through the dividend and share buybacks. The new dividend is payable March 25 to shareholders of record at the close of business March 8.

Danica’s Daytona sends TV ratings, IMS hopes soaring

The most popular racer, man or woman, on four wheels is the Indianapolis Motor Speedway's best, and perhaps only, chance at reversing an ugly and costly attendance slide at the Brickyard 400 in July.

IBJ’s Schouten promoted to managing editor

The Indianapolis native and IU graduate has been with IBJ since 2006. He currently covers the real estate beat, writes the Property Lines real estate blog and appears on business news updates for Fox59, IBJ's newsgathering partner.

You-review-it Monday

Your Oscar thoughts? And what did you do besides watching the awards?

Federal budget cuts would hit military, education in Indiana

The White House has tallied the impact of automatic cuts to the federal budget set to take effect this week. Indiana will lose at least $100 million in support for the military, education, child care, seniors and services for other populations.

Report: IOSHA loses its teeth as workplace safety watchdog

The state agency inspects fewer than a third of the businesses it did in the 1980s, issues fines for serious violations that average less than half the national rate and issued violations at a lower rate than the national average the past decade, according to a newspaper report.

Legislators struggle to nail down cost of health care expansion

The cost of health care for an additional 400,000 low income residents is something nobody in the Indiana Statehouse seems to be able to agree upon this year, even as the crucial decision about whether to expand Medicaid bears down on lawmakers midway through their annual session.

Emmert gets vote of confidence from NCAA

NCAA President Mark Emmert still has the confidence of the association’s executive committee, despite several indicators in recent days that some schools are questioning his effectiveness.

Daytona 500 gets green light despite horrific accident

Daytona International Speedway President Joie Chitwood said the track will “be ready to go racing” in time for Sunday’s Daytona 500, following an accident Saturday that injured fans and drivers.

Union workers at Goshen’s Cequent plant take severance deal

The trailer-hitch manufacturer plans to close the 450-employee plant and move operations to Mexico. Union workers voted Friday to forego arbitration and accept a severance agreement that will pay the most senior employees $36,000.

Cost concerns linger for state sentencing overhaul

A plan to overhaul Indiana’s criminal sentencing laws is moving through the Legislature with broad bipartisan support, although some county officials are worried it will shift costs to the local level.

Daniels to co-chair space panel

Purdue University President Mitch Daniels has joined a panel that will make recommendations about the future of the nation's space program. Daniels will serve as co-chairman through June 30, 2014, on the Committee on Human Spaceflight. Its purpose is to review the space program's long-term goals and direction.
 

First lady to promote state bicentennial

Karen Pence, wife of Gov. Mike Pence, will be ambassador for the 2016 Indiana Bicentennial Commission. She will work with communities and organizations on events marking the 200th anniversary of statehood. The commission is led by former Lt. Gov. Becky Skillman and former congressman Lee Hamilton.