Destination USA

Two-State Region Shows Growth, Wholesale Inflation Expected to Climb

The Mid-American Business Conditions Index for June evidence of economic growth slowing pace despite reporting the region’s overall index climbed above growth neutral for the fifth month in a row. The survey, published by Creighton University, showed the Business Conditions… more

Q&A with Charlie Shields

Q: What does having the new title of Chair for AEH mean for, not only yourself, the healthcare system you operate at University Health? A: I have been involved in AEH since my time here at University Health in 2010… more

Seven Hospitals in Missouri, Kansas Ranked Among Newsweek’s Top 150

The University of Kansas Hospital and Saint Luke’s Hospital in Kansas City are among seven facilities in the two-state area to earn a place on Newsweek’s 2023 rankings of the nation’s Top 150 cancer-care centers. The rankings drew on results… more

Children’s Mercy, KVC Health System Form Joint Venture For $53 Million Campus

Children's Mercy Kansas City and KVC Health Systems will make way for a new mental health campus in Olathe as part of a joint venture initiative.  The joint venture will see the construction of a new $53 million mental health… more

SBA Probe: More than $200 Billion in Pandemic Loans Were Fraudulent

The inspector general for the U.S. Small Business Administration says the agency disbursed more than $200 billion in potentially fraudulent COVID-19 loans through various programs rushed into existence at the dawn of the 2020 pandemic. In a new report issued… more

American Century Will Acquire Venture Capital Firm 3×5 Partners

Kansas City-based American Century Investments announced it will acquire the impact venture capital team 3x5 Partners, leading the investment service into private markets. The transaction with 3x5 Partners is expected to be completed in Q3 this year, according to a… more

KC Rise Fund Brings Additional $34 Million in Venture Funding

KC Rise Fund has closed its third venture-capital fund, which will bring $34 million in new capital to fund technology startups in the Kansas City region. Like its two predecessor funds, KCRise Fund I and II, the latest installment aims… more

Fed Stress Test Show Biggest Banks Positioned to Withstand a Crisis

The Federal Reserve System has released results of its annual banking stress test for 2023, showing that 23 large banks assessed had sufficient capital to absorb more than $540 billion in losses and continue lending to households and businesses under… more

Tighter Bank Lending Expected Across 2023, Monetary Policy Report

The Federal Reserve’s semiannual Monetary Policy Report released this month claims the banking system remains resilient, however, concerns about liquidity positions, deposit outflows, and funding costs continue to plague the economy. In the report, the Fed noted the recent banking… more

Q&A with Amy Peters, Chief Nursing Officer, University Health

Q. We’ve seen dire reports on a nursing shortage, but now enrollment trends are down in nursing schools. What’s your take on the current landscape? A. Specific within our organization, when COVID first hit, we saw a spike in nurse… more