Regional

Centene Nabs KS Department of Corrections Contract

Centene Corp. announced that its subsidiary Centurion has been awarded a contract by the Kansas Department of Administration to provide healthcare services in the Department of Corrections facilities.   The two-year contract is expected to start on July 1 and… more

Mortgage Applications Decline

Though 30-year fixed-rate mortgages are at an all-time low, purchases hit their lowest levels since 2015, a 31-percent decrease from the same year-ago period. The Mortgage Bankers Association also reported that, for the week ended April 17, mortgage applications decreased… more

Macy’s Might Consider Debt Versus Bankruptcy

Macy's, the country's largest department-store chain, with five locations in the Kansas City area, might reportedly consider taking on up to $5 billion in debt instead of filing for bankruptcy. Inventory would be used as collateral to raise $3 billion… more

Is Johnson County On Downward COVID-19 Path?

Though it's too early to call it a trend, there is some encouraging news out of Johnson County, Kan. On April 20, the latest date for which data has been provided, there was only one positive COVID-19 test recorded by… more

Five Elms Capital Invests in TX Software Business

Overland Park-based Five Elms Capital, which invests in business-to-business software companies, has invested in an Austin, Texas-based SaaS firm. Though details about the investment amount were not released Fred Coulson, Five Elms' founder and managing partner, will take a board… more

KS, MO Fared Better Than Most States With PPP

Kansas and Missouri both did relatively well in receiving funds from the $350-billion Payroll Protection Program COVID-19 relief bill, at least compared to most states. Kansas came in nine per capita of all states for funding, while Missouri was ranked… more

Senate Passes New Aid Bill For Small Business

The U.S. Senate has passed a bill that would give another $484 billion to small businesses and hospitals. It's a move that was partially pushed by the Small Business Administration last week running out of $350 billion in funds that… more

Q&A With . . . Gary Morsch, COVID Care Force

Physician Gary Morsch, who led a COVID Care Force team of 12 medical volunteers to combat the coronavirus pandemic at its New York epicenter—and preparing to head west to take up the fight again at a hard-hit Navajo Indian reservation.… more

StorageMart Buys Go Storage in Downtown KC

StorageMart, based in Columbia, Mo., added more than 310 climate-controlled storage units to its portfolio with the purchase of Go Storage in Downtown Kansas City, which totals 21,720 square feet. Recently renovated with a new elevator was installed, the facility… more

Independent Mortgage Banks Had Strong ’19

Independent mortgage banks and mortgage subsidiaries of chartered banks saw their a major year-over-year bump in profit on each loan originated, according to the Mortgage Bakers Assication. The jump in profit rose to $1,470 on each loan from $367 the… more