Health Care Archive

CHI St. Vincent, Cornerstone Hospital Finalizing Agreement for Long-Term Acute Care

by Arkansas Business Staff 9/12/2014 09:33 am

CHI St. Vincent and Cornerstone Hospital of North Little Rock, operated by Cornerstone Healthcare Group of Dallas, Texas, are working out the final details of an agreement that will create 75 jobs and an expanded role for CHG at two CHI St. Vincent locations in central Arkansas.

Lawsuit Claims Crittenden Regional Hospital Squandered Employees' Insurance Premiums

by Lee Hogan 9/9/2014 03:46 pm

Crittenden Regional Hospital of West Memphis, which closed its doors permanently on Sunday, is now the subject of a lawsuit that alleges it misused employee funds intended for health insurance coverage.

Mike Beebe Appoints 58 to Boards, Commissions

by Arkansas Business Staff 9/8/2014 02:58 pm

Gov. Mike Beebe announces 58 appointments to state boards and commissions.

No Banking Future for Former First Southern CEO Woody Castleberry

by Arkansas Business Staff 9/8/2014 12:00 am

Thanks to the fraud of convicted former Little Rock attorney Kevin Lewis, Woody Castleberry will never work in banking again. Castleberry told us last week that his settlement with the Federal Deposit Insurance Corp. was finally approved. He won't have to pay a penalty, but he agreed never to be involved in banking again.

Baptist Health School Sells In $8.5 Million Transaction (Real Deals)

by George Waldon 9/8/2014 12:00 am

The sale of a medical project in west Little Rock weighed in at $8.5 million. A cell tower project in North Little Rock rang up a $1 million sale. And a Town Place Suites project in North Little Rock is in the works after a $950,000 transaction.

Wehco Media Drops Insurance Bombshell

by Michelle Corbet 9/8/2014 12:00 am

Wehco Media dropped a bombshell on its employees two weeks ago: Effective Sept. 1, one week after the announcement, they had a choice of having their annual health insurance deductible triple to $3,000 or paying 100 percent of the cost of keeping a policy with a $1,000 deductible.

Toymaker Redman's Rough History Doesn't Deter State Investment

by Marty Cook 9/8/2014 12:00 am

The state's top economic development official said he has no undue concerns about a $2 million taxpayer investment in Redman & Associates, despite the CEO's bankruptcy a decade ago and subsequent litigation, including a lawsuit related to the product the company is manufacturing in Rogers.

Little Rock's RxResults Raises $4M Investment Round

by Mark Carter 9/3/2014 12:26 pm

UAMS startup RxResults, a pharmacy risk management company based in Little Rock, on Wednesday announced a $4 million investment by Ansley Equity Partners and Ansley Equities of Naperville, Ill.

ASTA Awards Grant to UALR Researcher for Leukemia Cure Search

by Arkansas Business Staff 9/2/2014 11:16 am

The Arkansas Science & Technology Authority has awarded $50,000 to researcher Darin Jones of the University of Arkansas at Little Rock to fund his research to develop a cure for leukemia.

UAMS Outsources Marketing to Nebraska Firm

by Arkansas Business Staff 9/1/2014 12:00 am

After years of in-house marketing, the University of Arkansas for Medical Sciences has hired Swanson Russell of Lincoln, Nebraska, to be its advertising agency of record.

Baptist Health CEO Troy Wells on Best & Worst of Obamacare

by Arkansas Business Staff 9/1/2014 12:00 am

Troy Wells has been the president and CEO of Baptist Health of Little Rock since July.

Health Insurers Report Rising Premium

by Mark Friedman 9/1/2014 12:00 am

2013 was another good year for nearly all of the companies on Arkansas Business' list of the largest health insurance companies that write premium in the state.

AMHC's Idonia Trotter Takes New Post in Houston

by Michelle Corbet 9/1/2014 12:00 am

Idonia L. Trotter, executive director of the Arkansas Minority Health Commission, has accepted a position as the new executive director of nonprofit health care collaborative Gateway to Care in Houston.

Arkansas Blue Cross & Blue Shield Opening Retail Store in Hot Springs

by Michelle Corbet 9/1/2014 12:00 am

Arkansas Blue Cross & Blue Shield is opening its third health insurance retail store, known as ArkansasBlue, across the street from CHI St. Vincent in Hot Springs.

Arkansas Hospital Association's Paul Cunningham: ‘Having a Payer is Always Better Than Not'

by Gwen Moritz 9/1/2014 12:00 am

The Arkansas Hospital Association is in the process of surveying members about the immediate impact of the swarm of newly insured Arkansans, but Executive Vice President Paul Cunningham said the results would probably not be available for another month.

Lawsuit Hits Nerve for Former Friends Fighting Over Medical Fees Earned

by Mark Friedman 9/1/2014 12:00 am

A legal case between Dr. Eren Erdem and Dr. Scott Schlesinger serves as a cautionary tale about the importance of having a contract in place and how quickly a friendship can sour when money is involved.

Newly Insured 'Private Option' Arkansans Present Challenges, Opportunities

by Gwen Moritz 9/1/2014 12:00 am

Whether thoroughly successful, a total failure or something in between, this much is sure: Roughly a quarter-million Arkansans who did not have health insurance in 2013 are now insured, mostly because of the private option, and this historic deluge of new health care customers bring with them challenges and opportunities.

Labor Force Down Across State, Five Metro Areas in July

by Lee Hogan 8/27/2014 10:13 am

While the number of unemployed workers and the unemployment rate in Arkansas and its six metropolitan areas was lower in July than a year ago, the labor force was also down in Arkansas and in five metropolitan areas.

Dawn Stehle Named State's Medicaid Director

by Arkansas Business Staff 8/25/2014 02:01 pm

Dawn Stehle has been named the state's Medicaid director. She will have the interim tag taken off her title, a distinction she's held since June 1. The Arkansas Department of Human Services conducted a national search for the spot.

Crittenden Regional Hospital Will Close Sept. 7

by Mark Friedman 8/25/2014 10:42 am

Crittenden Regional Hospital will close its doors permanently on Sept. 7, citing "the challenges of a struggling economy and continued declines in patient volume and reimbursement."