J.K. Wall

Dr. Jeff Wells is moving on from the Indiana Medicaid program even as his $40 million cost-savings plan faces a threat in the General Assembly. Wells resigned Friday after two years as director of the Office of Medicaid Policy and Planning, a part of the Indiana Family and Social Services Administration. He intends to finish […]

Conseco Inc. CEO Jim Prieur expressed faith today that his company can answer its auditor’s concerns and avoid receiving an opinion that could roil its debt financing. “We’re very confident that we’ll be able to resolve the issue and provide more information,” Priuer told an investor during a conference call this morning. “[The auditors] are […]

Conseco Inc. CEO Jim Prieur expressed faith today that his company can answer its auditor’s concerns and avoid receiving an opinion that could roil its debt financing. “We’re very confident that we’ll be able to resolve the issue and provide more information,” Priuer told an investor during a conference call this morning. “[The auditors] are […]

After posting a $1 billion loss last year, Carmel-based Conseco Inc.’s future is in jeopardy. The losses have caused the life insurer’s debt as a percentage of its total capital to rise sharply, nearly to a level that would violate an agreement with its lenders. Conseco’s auditor, PricewaterhouseCoopers, said it might include a “going-concern” warning […]

Huntington Bancshares last month stopped contributing to 401(k) retirement plans of its 650 Indiana workers. Earlier, Lafayette-based Wabash National Corp. trimmed the amount it gives to 401(k) plans for its 3,100 employees. Ohio-based Huntington, along with Wabash and scores of other Indiana companies, is taking a scalpel to fringe benefit plans to relieve financial pressure […]

The most up-to-date report about white-collar job losses in Indianapolis comes every Monday at dawn in the parking lot at St. Luke’s United Methodist Church. The number of cars that pull in to attend the weekly gatherings of the Business and Professional Exchange has more than doubled in the last two months. Inside, men and […]

One of Indiana’s pioneering life sciences companies is ailing badly. Bioanalytical Systems Inc. said last week it lost money for a fifth straight quarter as revenue plummeted. The West Lafayette-based company lost nearly $1.6 million in its first fiscal quarter ended Dec. 31, a loss 10 times as large as it recorded in the same […]

WellPoint Inc.’s shares got a small boost this morning, along with the broader markets, as the Indianapolis-based health insurer predicted weak but positive growth for 2009. WellPoint CEO Angela Braly told investors in Indianapolis this morning that the health insurer’s profit per share would grow 1 percent to 3 percent this year. But WellPoint executives […]

WellPoint Inc.’s shares got a small boost this morning, along with the broader markets, as the Indianapolis-based health insurer predicted weak but positive growth for 2009. WellPoint CEO Angela Braly told investors in Indianapolis this morning that the health insurer’s profit per share would grow 1 percent to 3 percent this year. But WellPoint executives […]

Catheter Research Inc. should have disappeared a long time ago. But the Indianapolis company has persevered through numerous challenges-17 straight profitless years, a bankruptcy reorganization, a stint as a subsidiary of Biomet Inc., and a dispute among its owners. It now is flying high-even in the midst of a bad economy. Catheter Research grew its […]

When Stacie Floyd enrolled her daughter Kyli in kindergarten at Christel House Academy, she hoped Kyli would be able to earn a high school diploma there. Now, six years later, Floyd will get her wish. The academy, a K-8 charter school, launched a campaign this year to raise money for a $5 million high school, […]

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 […]

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 […]

Call it Expedia for hospital systems. Community Health Network has spent three years developing a computer interface that allows doctors and nurses to view all information and records on a patient in one viewing program. Community calls it a virtual single patient record, or vSPR. It works in the same way Expedia pulls together the […]