Healthcare and Insurance
Lockton Companies, the world's largest privately-held insurance-brokerage firm, based in Kansas city, has announced changes in its leadership to support increased growth. Hiram Marrero, currently executive vice president and regional executive officer with Lockton, will assume the role of president,…
more
Kansas City-based healthcare-tech giant Cerner reported that it had increases in sales and earnings during its first quarter, despite impacts other businesses have sustained during the COVID-19 pandemic. However, executives lowered their earnings-per-share guidance for the year to between $2.78…
more
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…
more
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…
more
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…
more
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…
more
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…
more
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…
more
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…
more
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…
more
