Clik here to view.
Ford to cut costs, including in Louisville, by focusing on simplicity
When Ford begins making the new Escape in Louisville in 2019, it will cut the number of available vehicle configurations from thousands today to just 25.
View ArticleClik here to view.
Market tumble robs Humana, Brown-Forman, Yum shareholders of nearly $5 billion
Worried about tariffs, a disappointing jobs report, rising oil prices and an inverted yield curve, investors fled markets last week, with the Dow Jones industrial average tumbling more than 1,400...
View ArticleClik here to view.
Report: Kentuckians’ insurance premiums rose modestly in 2017
Kentuckians who receive health insurance through their employers saw insurance premiums and out-of-pocket costs rise modestly in 2017 and by far less than national averages, according to new analysis...
View ArticleClik here to view.
Louisville-based health care giants BrightSpring, PharMerica to merge
Louisville-based health care companies BrightSpring Health Services and PharMerica have agreed to merge, a move they say will result in better care for patients with complex health challenges,...
View ArticleClik here to view.
BrightSpring CEO: Importance, cost of medications prompted PharMerica merger
BrightSpring Health Services President and CEO Jon Rousseau said that the company’s proposed merger with PharMerica would help the companies reduce health care costs, in part by making sure that people...
View ArticleClik here to view.
The end of ‘college or career.’ How JCPS is reinventing school
Southern High School senior Tritt Love-Holland stood in a Louisville industrial machine shop, removed a fist-sized metal part from a milling machine and then measured to make sure the component met...
View ArticleClik here to view.
Stock Yards plans $28M acquisition of King Southern
Louisville-based Stock Yards Bancorp plans to acquire a privately held local competitor to increase its market share, the company announced Wednesday evening. SYBT, the publicly traded holding company...
View ArticleClik here to view.
Kindred partners with tech firm to improve sharing of health data, patient care
Kindred Healthcare will partner with a Kansas-based technology company to lower health care costs by improving the speed, accuracy and ease with which hospitals and other facilities share medical data....
View ArticleClik here to view.
New twist in Jewish Hospital saga: UofL appears to want to buy it with a partner
There’s a new twist in the Jewish Hospital saga: The University of Louisville appears to want to buy it with the help of a partner. In an email obtained by Insider, University Hospital CEO and...
View ArticleClik here to view.
Despite volatility, investors in some local companies saw solid returns in 2018
Despite market volatility and a terrible fourth quarter, shareholders of some local companies, including Humana, Texas Roadhouse and Yum Brands, enjoyed healthy returns in 2018. For some local...
View ArticleClik here to view.
Business investments in 2018 declined in state, fell even more in Louisville
The value of planned investments in new buildings and machinery from manufacturing, service and technology companies in Kentucky last year fell by 42 percent compared to 2017, and Louisville’s share of...
View ArticleClik here to view.
Jewish Hospital was once profitable. Then it joined forces with UofL.
Not so long ago, Jewish Hospital was a profitable and revered institution —but a remarkable reversal of fortune took place after it joined forces with the University of Louisville in 2013. From 2002...
View ArticleClik here to view.
GE Appliances showcases Kitchen Hub, with 27-inch screen, at electronics show
GE Appliances placed a big bet on this year’s Consumer Electronics Show in Las Vegas, renting 30 percent more space than last year, in part to allow professional chefs to churn out delectables in three...
View ArticleClik here to view.
LHC Group CEO: Almost Family merger prompted by customers, weather
The merger of a Louisiana company with Louisville-based Almost Family came about because of customer demands and concerns about hurricanes, its chief executive, Keith Myer, said. LHC, based in...
View ArticleClik here to view.
Passport’s finances being dragged down by $220M in ‘management fees’ to...
Passport Health Plan’s fiscal troubles, which may push the nonprofit into insolvency as soon as this summer, began even before the state changed the distribution of its Medicaid dollars last summer. In...
View ArticleClik here to view.
Ford 2018 profit sharing for hourly employees to average $7,600
With fourth-quarter earnings season in full swing, local Ford employees last week received some good news about profit sharing. Ford’s full-time hourly union workers will receive an average of $7,600...
View ArticleClik here to view.
Former U.S. Medicaid CMO: State’s actions to curb costs will backfire
Changes to Kentucky’s Medicaid program, including the implementation of a work and community engagement requirement, redistribution of money and a proposal to reduce the number of managed care...
View ArticleClik here to view.
Innovation and aggressively defending patents keep Lantech on top
A focus on innovation, coupled with an aggressive defense of its patents, has allowed the stretch-wrap company Lantech to retain a U.S. market share of about 50 percent. The locally founded and owned...
View ArticleClik here to view.
Kentucky House speaker: Cities should have option to levy local taxes
Kentucky House Speaker David Osborne said that municipalities such as Louisville should have the option to levy local taxes, a goal long pursued by the Louisville chamber of commerce and Mayor Greg...
View ArticleClik here to view.
Passport Health mum about cost-cutting steps as losses mount
Embattled Passport Health Plan officials are mum about what steps they’re taking — if any — to cut costs given the nonprofit’s fiscal struggles, which CEO Mark Carter recently said could lead to...
View Article