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What Recession? Forecasters Raise Expectations for US Economy in 2024

Economists also more than doubled their estimates for the number of jobs gained across the economy this year.

Home Sales Rose in January as Easing Mortgage Rates, Higher Inventory Enticed Homebuyers

Existing home sales rose 3.1% last month from December to a seasonally adjusted annual rate of 4 million, the National Association of Realtors said Thursday.

Arkansas Heart Hospital Still Negotiating with UnitedHealthcareLock Icon

Arkansas Heart Hospital in Little Rock.

In October, the hospital terminated its contract with UnitedHealthcare with a 180-day clause that has kept the Heart Hospital in network. The six-month period will end in April if an agreement is not reached.

Arkansas Heart Hospital CEO Lobbies for Higher Reimbursement Rates Amidst LayoffsLock Icon

New legislation is being drafted that would force insurers to pay Arkansas hospitals the average being paid in border states.

Arkansas Heart Hospital in Little Rock.
Insurance / Health Care / Industry

Arkansas Heart Hospital Still Negotiating with UnitedHealthcareLock Icon

In October, the hospital terminated its contract with UnitedHealthcare with a 180-day clause that has kept the Heart Hospital in network. The six-month period will end in April if an agreement is not reached. read more >
Insurance / Government & Politics / Health Care / Industry / Legal

Arkansas Heart Hospital CEO Lobbies for Higher Reimbursement Rates Amidst LayoffsLock Icon

New legislation is being drafted that would force insurers to pay Arkansas hospitals the average being paid in border states. read more >
Insurance / Health Care / Real Estate

Helena Hospital Sold and Renamed

Progressive Health Group purchased the hospital from Quorum Health of Brentwood, Tennessee, and is under contract with the city of Helena. read more >
Insurance / Health Care

Baptist Health, UnitedHealthcare Reach Agreement

Baptist Health and UnitedHealthcare have reached a multi-year agreement over reimbursement rates that kept the state’s largest health care provider out of the insurer’s network since Jan. 1. read more >
Insurance / Transportation

Rising Insurance Premiums Hammer State’s Trucking Industry

The American Transportation Research Institute said last year that premiums rose 2.3% in 2021 and 2022; 2023 statistics aren’t official yet, but good news isn’t expected. read more >
The new medical tower at St. Bernards Medical Center in Jonesboro.
Insurance / Health Care

St. Bernards Healthcare Faces Potential Out-of-Network Status with UnitedHealthcareLock Icon

St. Bernards Healthcare of Jonesboro needs to reach an agreement with UnitedHealthcare by March 1 to stay in network. read more >
Insurance / Education / Health Care / Industry / Tourism

UAMS Reaches $30M Fundraising Goal for Cancer Institute 

The University of Arkansas for Medical Sciences has reached its $30 million goal for a National Cancer Institute designation. read more >
Insurance / Health Care / Legal

Dr. Brian Hyatt’s Trial Date Set for SeptemberLock Icon

A jury trial has been set to commence Sept. 17 in the criminal case of Dr. Brian Hyatt, the former chair of the state Medical Board. read more >
Insurance / Banking & Finance / Government & Politics / Investments / Legal

Arkansas Pension Fund Seeks Over $100,000 for Overpaid Survivor BenefitsLock Icon

The Arkansas Local Police & Fire Retirement System continued to pay survivor benefits for more than five years to a woman who died in March 2018. read more >
Insurance / Banking & Finance / Construction / Real Estate / Tourism

Pleasant Valley Country Club: Watershed Little Rock Land Deal Nears 65th Anniversary

The land sale was considered a showstopper at the time. Prominent businessmen of the day were on both sides of the transaction, which helped shape west Little Rock and produced significant redevelopment ripples elsewhere in the state capital. read more >
Insurance / Restaurants & Food / Small Business

PattiCakes Faces Difficult Decision in Wake of Fire

The fire the evening of Jan. 15 destroyed the bakery at 1137 Front St. in downtown, one of two PattiCakes locations in Conway. But the Front Street location housed all the production equipment for both bakery locations. read more >
Insurance / Health Care / Legal

Rogers Businessman Sentenced to 4 Years for Medical Billing Fraud

The company billed insurers at markups of anywhere from 15 to 20 times what medications actually cost, and then paid physicians unlawful kickbacks on amounts collected. read more >
Insurance / Banking & Finance / Business Services / Construction / Education / Energy / Government & Politics / Health Care / Legal / Manufacturing / Media & Marketing / Nonprofits / Public Companies / Real Estate / Transportation

Maternal Health: A Critical Call to Action (Anna Beth Gorman Commentary)

Implementing parental leave policies is an investment in your business’ health and reputation. read more >
Insurance / Health Care / Industry / Legal / Public Companies / Retail

Opioid Fight: Walmart Wins a Round in Insurance Claim BattleLock Icon

Benton County Circuit Court Judge John R. Scott ordered AIG entities to defend Walmart against opioid lawsuits. read more >
Insurance / Banking & Finance / Construction / Government & Politics / Health Care / Industry

Sevier County Medical Center Reflects on Struggles and Triumphs in Year OneLock Icon

The newest hospital in Arkansas, SCMC opened in January of last year and has faced unanticipated construction costs. read more >
Insurance / Banking & Finance / Health Care / Industry

Hospital Cuts Hit Harrison: NARMC Cites Declining Revenue

NARMC announced in December it was cutting about 3% of its workforce and closing two of its 18 rural clinics due to declining revenue. read more >
Insurance / Government & Politics / Health Care

Secretary of Health Renee Mallory Discusses Goals for ADH

Mallory became the secretary of health under Gov. Sarah Huckabee Sanders last August. read more >
Insurance / Health Care / Industry

Baptist Health Battles UnitedHealthcare Over Reimbursement RatesLock Icon

Baptist, the state’s largest health care provider, says it and other hospital groups have faced “unprecedented” costs to cover wages, supplies and pharmaceuticals since the pandemic, but has seen stingy reimbursement deals from insurers. read more >
Baptist Health, which has 11 hospitals in Arkansas, saw its patient revenue fall nearly 5% to $666.3 million in the first half of the year compared with the same period a year ago.
Insurance / Health Care

Baptist Health Out of Insurer’s Network

UnitedHealthcare said Baptist sought “double-digit price hikes that are neither affordable nor sustainable for families and employers across Arkansas.” read more >
Insurance / Health Care

New Weight Loss Drugs are Out of Reach for Millions of Older Americans Because Medicare Won’t Pay

The cost of the drugs, beloved by celebrities, has largely limited them to the wealthy. A monthly supply of Wegovy rings up at $1,300 and Zepbound will put you out $1,000. Shortages for the drugs have also limited the supplies. read more >