Healthcare and Insurance
Though COVID-19 will inflict some pain on the medical-office sector of commercial real estate, as it is for other industries, this building type is expected to bounce back relatively quickly, according to a Marcus & Millichap report. Last year, there…
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The Kansas City Metro area has seen varying reports of COVID-19, depending on the county that people live in, which is also indicative of the counties that people live in and their respective populations. Here are the current number of…
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Truman Medical Center will cut the pay rates of its staff, with executives taking the largest decrease, at 20 percent, due to COVID-19-related revenue declines. The move follows major furloughs and pay cuts at Children's Mercy Hospital that were announced…
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With regional municipalities preparing to take the first steps toward lifting restrictions on business and social activity, officials at the University of Kansas Health System say they’ll be doing likewise on the medical front as early as this week. Speaking…
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Stueve Siegel Hanson LLP has filed a class action lawsuit against The Cincinnati Insurance Company that alleges a breach of contract stemming from its refusal to pay property insurance claims related to COVID-19. The law firm is representing Lenexa-based Promotional…
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Heading into the final full week of stay-at-home directives from the state and from local governments in Kansas, physicians at the University of Kansas Hospital said today that public efforts to prevent the spread of the COVID-19 pandemic here had…
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Some of the nation's largest auto insurers are giving consumers a break since they aren't driving nearly as much during the COVID-19. Collectively, they are reportedly giving $7 billion in refunds and credits through May, including State Farm, which is…
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Children's Mercy Kansas City is furloughing 575 employees for 60 days and executives are taking pay cuts as a result of business loss from COVID-19. The pediatric health system is losing about $1 million in revenue per day, as surgeries…
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The House of Representatives has passed a $484-billion relief bill that would fund small businesses and hospitals, and now the measure goes before President Donald Trump. The bill includes $320 billion to replenish the Paycheck Protection Program (PPP) for small…
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St. Louis-based Cigna's Express Scripts has done a research report that says anti-anxiety and anti-depressant and anti-insomnia prescriptions filled between Feb. 16 and March 15 increased 21 percent year over year, likely due to the pandemic. "Americans have grown increasingly…
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