Newspaper article St Louis Post-Dispatch (MO)

Business Digest

Newspaper article St Louis Post-Dispatch (MO)

Business Digest

Article excerpt

Health program gets funding * About 20,000 individuals will still be able to access health care services thanks to another one-year extension of federal funding provided to the St. Louis Regional Health Commission. The $30 million from the government funds the commission's Gateway to Better Health Program, which gives certain eligible individuals in St. Louis and St. Louis County access to urgent care, primary care physicians and specialists. Before the extension, the program was supposed to expire at the end of 2015. This is the second extension the program has received. Eligible individuals are between the ages of 19 and 64 and earn up to 100 percent of the federal poverty level. These individuals were supposed to be added to the Medicaid rolls after expansion took place. But Missouri has not expanded the program, which is part of the Affordable Care Act. Since its launch in 2012, the program has annually paid for 55,000 primary care visits, 29,000 specialty care visits and 230,000 medications, according to the commission. (Samantha Liss)

World Wide is No. 1 * Maryland Heights-based World Wide Technology Inc. is the country's largest black-owned business, retaining its top position from the prior year, according to this year's list by Black Enterprise Magazine. The privately held systems integration firm, founded and owned by David Steward, currently has sales of more than $6 billion, according to World Wide Technology's website.

LMI taps new COO * LMI Aerospace, an aerospace and defense supplier based in St. Charles, said Friday that Joseph DeMartino is the company's new chief operating officer. DeMartino, whose appointment was effective Thursday, will report to Dan Korte, LMI's chief executive. Before joining LMI, DeMartino worked as a consultant in the aerospace industry and held executive positions GKN Aerospace, in St. Louis. (Tim Bryant)

Hyundai recalls * Hyundai is recalling more than 419,000 cars and SUVs to fix suspension, brake and oil leak problems. The biggest of three recalls posted Friday by U.S. safety regulators is of 225,000 Santa Fe SUVs from 2001-2006 to replace front coil springs that can rust and crack in cold-weather states. …

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