Articles

CEO keeps buying, price keeps dropping-WEB ONLY

Conseco CEO Jim Prieur keeps putting his money where his mouth is. He hopes it makes a difference this time. Prieur bought 200,000 shares of the Carmel-based insurer April 2 with his own money, according to a recent filing with the U.S. Securities and Exchange Commission. That makes 570,000 shares Prieur has purchased since March […]

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Doc sues Web-savvy ex-patient-WEB ONLY

A former patient of local plastic surgeon Dr. Barry Eppley says he has made her life hell the past eight years. Eppley, in a recent lawsuit, says much the same about her. The patient, Lucille Iacovelli, has posted a steady stream of videos and caustic comments on Web sites about a face-lift surgery Eppley performed […]

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Conseco investor seeks board member’s ouster-WEB ONLY

A Florida-based investor wants his fellow shareholders in Conseco Inc. to install him on the company’s board of directors, saying the board has failed for more than five years to act in shareholders’ interests. Roger Keith Long, an Indiana University alumnus, runs Otter Creek Management, which owns 1.4 million shares, or less than 1 percent, […]

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Conseco investor seeks board member’s ouster-WEB ONLY

A Florida-based investor wants his fellow shareholders in Conseco Inc. to install him on the company’s board of directors, saying the board has failed for more than five years to act in shareholders’ interests. Roger Keith Long, an Indiana University alumnus, runs Otter Creek Management, which owns 1.4 million shares, or less than 1 percent, […]

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Conseco execs see smaller pay packages-WEB ONLY

Conseco Inc. executives took hits to their pay packages last year as the Carmel-based company’s stock price plunged 59 percent. CEO Jim Prieur took home 18-percent less in total 2008 compensation than in 2007, according to Conseco’s preliminary proxy filed yesterday. Prieur earned no performance bonus last year, but still received nearly $2.2 million in […]

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Conseco execs see smaller pay packages-WEB ONLY

Conseco Inc. executives took hits to their pay packages last year as the Carmel-based company’s stock price plunged 59 percent. CEO Jim Prieur took home 18-percent less in total 2008 compensation than in 2007, according to Conseco’s preliminary proxy filed yesterday. Prieur earned no performance bonus last year, but still received nearly $2.2 million in […]

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Clarian ads win major award-WEB ONLY

Cue the theme from “Rocky.” Indianapolis ad firm The Heavyweights and its client Clarian Health have won one of the ad industry’s biggest awards for Clarian’s “A Call to Change” campaign. In June, The Heavyweights will receive a North American Effie Award from a trade organization called Effie Awards. The Effie Awards’ Web site calls […]

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Doctors squirm as patients rate health care

As health care slowly shifts to operate more like retail stores, patients’ opinions of doctors have become commonplace on more than 30 physician-rating Web sites, including a subscription service run by Indianapolis-based Angie’s List.

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This might hurt…-WEB ONLY

Dr. Dmitry Arbuck treats pain for a living. But he might have to start taking his own medicine. Arbuck has built a a practice that by all traditional standards is exemplary. But patient reports on multiple online rating services make Arbuck seem arrogant, incompetent and downright scary. “This Dr. . is a QUACK,” one patient a wrote […]

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Conseco stock still climbing following reports-WEB ONLY

Conseco Inc. shares continue to recover now that the company has cleared away the biggest clouds hanging over it. Shares of the Carmel-based life insurer rose another 12 percent in morning trading after surging 35 percent yesterday. They traded at $1.03 late this morning. Investors have bid up the shares after Conseco renegotiated $912 million […]

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St. Francis, Anthem temporarily settle dispute-WEB ONLY

St. Francis and Anthem have to stay married for now. Marion County Superior Court Judge Patrick McCarty ruled Monday that Anthem Blue Cross and Blue Shield, a health insurer, cannot kick St. Francis Hospital & Health Centers out of its provider network before Anthem’s contract expires. The contract runs until Sept. 1. In early March, […]

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Clarian ads win major award-WEB ONLY

Cue the theme from “Rocky.” Indianapolis ad firm The Heavyweights and its client Clarian Health have won one of the ad industry’s biggest awards for Clarian’s “A Call to Change” campaign. In June, The Heavyweights will receive a North American Effie Award from a trade organization called Effie Awards. The Effie Awards’ Web site calls […]

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Judge upholds St. Francis-Anthem pact-WEB ONLY

St. Francis and Anthem have to stay married for now. Marion County Superior Court Judge Patrick McCarty ruled yesterday that Anthem Blue Cross and Blue Shield, a health insurer, cannot kick St. Francis Hospital & Health Centers out of its provider network before Anthem’s contract expires. The contract runs until Sept. 1. In early March, […]

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Conseco dodges ‘going concern’ warning-WEB ONLY

Conseco Inc. avoided a warning about its ability to stay in business from its auditor, the company reported today. PricewaterhouseCoopers will not issue a “going concern” warning in Conseco’s annual report, Conseco CEO Jim Prieur said in a statement. The report will be filed later today. Prieur’s statement came after the Carmel-based insurer announced this […]

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Mills confirmed as Community CEO-WEB ONLY

It’s official: Community Health Network has selected Bryan Mills as its next CEO. James Morey, chairman of the board of the hospital chain, sent a memo to Community staff today announcing Mills’ selection. IBJ first reported on Friday that Mills was the choice to replace Bill Corley, who has led Community for the past 25 […]

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Conseco negotiates loan changes – at a price-WEB ONLY

Conseco Inc. has won an amendment to its bank loans that gives it more breathing room to operate. But the Carmel-based insurance holding company will pay for it. The cash interest rate Conseco is paying on the $912 million in loans will rise from 2.6 percent to at least 6.5 percent, with a payment equal […]

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Lilly says once-weekly Byetta beats competitors-WEB ONLY

Eli Lilly and Co. and two drug-development partners said a once-weekly version of the diabetes medicine Byetta proved better at lowering patients’ blood sugar than two competing drugs. Lilly is working with California-based Amylin Pharmaceuticals Inc. and Massachusetts-based Alkermes Inc. to bring once-weekly Byetta, also called exanatide, to market by 2010. The drug is currently […]

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Conseco negotiates loan changes, at a price-WEB ONLY

Conseco Inc. has won an amendment to its bank loans that gives it more breathing room to operate. But the Carmel-based insurance holding company will pay for it. The cash interest rate Conseco is paying on the $912 million in loans will rise from 2.6 percent to at least 6.5 percent, with a payment equal […]

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