Securities and Exchange Commission
Washington, D.C. 20549
Schedule 13G
Under the Securities and Exchange Act of 1934
(Amendment No. )*
(Name of Issue)
COMMON
(Title of Class of Securities)
Pace Health Management Systems
693723108
(Cusip number)
Check the following box if a fee is being paid
with this statement [ ]. (A fee is not
required only if the filing person:
(1) has a previous statement on file reporting
beneficial ownership of more than five percent
of the class of securities described in Item
1; and (2) has filed no amendment subsequent
thereto reporting beneficial ownership of five
percent or less of such class) (See Rule 13d-
7).
*The remainder of this cover page shall be
filled out for a reporting person's initial
filing on this form with respect to the
subject class of securities, and for any
subsequent amendment containing information
which would alter the disclosure provided in a
prior cover page.
The information required in the remainder of
this cover page shall not be deemed to be
"filed" for the purpose of Section 18 of the
Securities Exchange Act of 1934 ("Act") or
otherwise subject to the liabilities in that
section of the Act but shall be subject to all
other provisions of the Act (however, see the
Notes).
Cusip Number: 693723108
13G
1. Investment Advisers, Inc.
2. Check the appropriate box if a member of
a
group:
(a) [ ] (b) [ X ]
3. SEC Use only
4. Citizenship or place of
organization:
Delaware
5. Sole voting power: 953,247
6. Shared voting power: 7,337
7. Sole Dispositive power: 953,247
8. Shared dispositive power: 7,337
9. Aggregate amount beneficially owned by each
reporting person: 960,584
10. Percent of class represented by amount in
Row 9: 18.87%
11. Type of Person Reporting*: IA
Item 1. (a) Name of Issuer: Pace Health Mangement
(b) Address of Issuer's Principal ExecutiveOffices:
1025 Ashworth Road
Suite 200
West Des Moines, IA 50265
Item 2. (a) Investment Advisors, Inc.
(b) 3700 First Bank Place, Box
357, Minneapolis, MN 55440
(c) Delaware
(d) Title of Class of Securities: Common
(e) Cusip Number: 693723108
Item 3 (e) Investment Advisor registered under
Section 203 of the Investment Advisors Act of
1940.
Item 4.
(a) Amount beneficially owned: 960,584
(b) Percent of Class: 18.87%
(c) Number of shares as to which such person has:
(I) Sole power to vote:953,247
(ii) Shared power to vote: 7,337
(iii)Sole power to dispose or direct
disposition of:953,247
(iv) Shared power to dispose or direct
disposition of: 7,337
Item 5. If this statement is being filed to
report
the fact that as of the date hereof
the reporting person has ceased to be the
beneficial owner of more than five percent of the
class of securities, check the following: [ ]
Item 6. The shares referred to in this filing
are
held by various custodian banks for various
clients of Investment Advisors, Inc. None of the
individual clients or custodian banks holds more
than 5% or more of the shares.
Item 7. Not applicable.
Item 8. Not applicable.
Item 9. Not applicable.
Item 10. Certification
By signing below I certify that, to the best of my
knowledge and belief, the securities referred to
above were acquired in the ordinary course of
business and were not acquired for the purpose of
and do not have the effect of changing
or influencing the control of the issuer of such
securities and were not acquired in connection
with or as a participant in any transaction having
such purposes or effect.
After reasonable inquiry and to the best of
my knowledge and belief, I certify that the
infraction set forth in this statement is
true, complete and correct.
Date: 2/18/97
/s/ Kelly Thomas Coughlin
Kelly Thomas Coughlin
Vice President
Director of Compliance
