Newspaper article St Louis Post-Dispatch (MO)

Business Digest

Newspaper article St Louis Post-Dispatch (MO)

Business Digest

Article excerpt

SSM acquires Audrain County operation * SSM Health Care has entered into an agreement with Audrain County Health Department to acquire its Home Health and Hospice Division, the health system reports. Financial terms of the deal were not disclosed. The Audrain County division will be folded into SSM's Health at Home program, which employs 450 individuals throughout Missouri, Illinois and Oklahoma. The county's 11 home health and hospice employees will be relocated to the campus of Audrain Medical Center, an 88-bed hospital in Mexico, Mo., that was acquired by SSM in January 2013. SSM Health Care operates 19 hospitals in four states and employs about 30,000 people. (Samantha Liss)

Workers' compensation premiums may fall * Missouri businesses could see a decline in their workers' compensation insurance premiums next year. The state insurance department says a new report by the National Council on Compensation Insurance indicates that insurers are likely to see a 3.7 percent drop in their "loss costs" for claims in 2015. Those loss projections typically are used by insurers when setting rates. Insurance Department Director John Huff says the potential decline in workers' compensation premiums is due largely to a decrease in the overall costs of medical claims. At this time last year, the national council was projecting an 11.6 percent increase in "loss costs" for Missouri's workers' compensation insurers. That was due partly to a new law that shifted some injury claims to the workers' compensation system from the state's Second Injury Fund.

CVS rebrands itself * As CVS sharpens its focus on customer health, the nation's second-largest drugstore chain will tweak its corporate name and stop the sale of tobacco nearly a month sooner than planned. CVS Caremark said it will now be known as CVS Health, effective immediately. The signs on its roughly 7,700 drugstores will stay the same, so the change may not register with shoppers. However, the cigars and cigarettes that used to fill the shelves behind cash registers have been replaced with nicotine gum and signs urging visitors to kick the tobacco habit. …

Search by... Author
Show... All Results Primary Sources Peer-reviewed

Oops!

An unknown error has occurred. Please click the button below to reload the page. If the problem persists, please try again in a little while.