Securities and Exchange Commission
Washington, D.C. 20549
Schedule 13G
Under the Securities and Exchange Act of 1934
(Amendment No. )*
Pace Health Management Systems
(Name of Issue)
COMMON
(Title of Class of Securities)
692000102
(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).
(Continued on the following page(s)
Cusip Number: 692000102
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: 658079
6. Shared voting
power:230319
7. Sole Dispositive
power: 658079
8. Shared dispositive
power: 230319
9. Aggregate amount beneficially owned by each
reporting
person: 888398
10. Percent of class represented by amount in
Row 9: 12.34 11. Type of Person Reporting*: IA
Item 1. (a) Name of Issuer: Pace Health
Management
Systems.
(b) Address of Issuer's Principal Executive
Offices:
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: 692000102
Item 3 (e) Investment Advisor registered
under Section
203 of the
Investment Advisors Act of 1940.
Item 4. (a) Amount beneficially owned: 888398
(b) Percent of Class: 12.34
(c) Number of shares as to which such person
has:
(I) Sole power to vote: 658079
(ii) Shared power to vote:0
(iii) Sole power to dispose or direct
disposition
of: 658079
(iv) Shared power to dispose or direct
disposition of:0
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: 1/5/99
/s/ Kelly Thomas Coughlin
Kelly Thomas Coughlin
Vice President
Director of Compliance
