Healthcare and Insurance
3/8/2018 St. Louis-based Express Scripts, the largest company headquartered in Missouri, is being bought by health insurer Cigna in a cash and stock transaction worth a whopping $67 billion, the companies announced Thursday. Cigna issued a news release saying it…
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Children's Mercy Kansas City announced this morning that the Hall Family and Sunderland foundations had each donated $75 million to strengthen the hospital's pediatric research programs. The combined $150 million stands as the largest one-time gift ever made to a…
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Saint Luke’s Health System announced this week that it would acquire all but two of the Northland clinics operated by St. Joseph-based Mosaic Life Care. Terms of the deal were not disclosed, but the sale represents a significant marketplace pullback…
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A dive into current revenue models of the U.S. health-care system and its performance is an exercise in head-scratching. Think about this: The nation’s number of licensed beds, key generators of hospital revenue, fell 38.6 percent between 1975 and 2015,…
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The most valuable asset of any business is its work force … and productivity is the key. In a nutshell, the healthier employees are, the more and better work they can do, and the better their quality of life will…
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The University of Kansas Health System and Ardent Health Services have announced completion of their purchase of St. Francis Health, a move that will keep the financially struggling Topeka hospital's doors open. In a news release issued this morning, the…
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Cheryl Lockton Williams, widow of Lockton Companies founder Jack Lockton, has donated $10 million to support the new Cambridge Tower A at the University of Kansas Hospital. Announcement of that gift came this morning at the hospital near Midtown. Officials…
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The pressure to contain costs of employer-paid health insurance isn’t letting up. But a great deal of work is taking place among providers, insurers and brokers to help business owners develop strategies for reining those costs in. Recognizing that no…
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Last spring, the nation’s leading accrediting body for medical centers, the Joint Commission, created a new category of performance recognition: Comprehensive Cardiac Center certification. Today, it announced the first organization in the nation to receive that certification--the University of…
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Lockton, Inc. chairman David Lockton announced this morning that Ron Lockton will expand his role to become president and CEO of the world's largest independent insurance brokerage. He succeeds Glenn Spencer, who resigned from those roles for personal reasons, effective…
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