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Paperwork mounts for insurance workforce

By BECKY GILLETTE  Businesses in Mississippi are facing not just increased paperwork associated with the reporting provisions required under the Affordable Care Act (ACA), but also the possibility of defending the business from legal action and major fines if a government audit finds the business has failed to comply with any of the regulations. The law […] [...]

MAKING DREAMS COME TRUE — Mississippi bankers see increase in young homebuyers

By BECKY GILLETTE With rent going up in many areas, and employment rising as the economy improves, home buying is beginning to improve in some areas of the state. “Lower rates are improving housing affordability relative to rents, and many of the recent applicants think this is a good time to buy,” said Scott Dickey, […] [...]

Students are learning about economics early thanks to the … STOCK MARKET GAME

Most people don’t play the “stock market game” until they are adults trying to figure out how to invest their money for the best return. The lessons learned can come at great expense. But now more than 60,000 4th through 12th grade students in Mississippi have gotten a lesson in economics and the stock market […] [...]

HEADACHES FOR HOSPITALS — Regardless of ownership type, facilities face strong challenges

Do you know what type of hospital ownership you have in your community? Many people don’t, said Shawn Rossi, vice president for marketing and public relations, Mississippi Hospital Association. In Mississippi, about a third of hospitals are nonprofit, a third for-profit and a third owned by the government. “From a business perspective, in a nutshell, […] [...]

HEADACHES FOR HOSPITALS — Larger operations can give aid to struggling rural hospitals

An estimated 40 percent of rural hospitals in the country are operating at a loss, and the situation is getting worse for many rural hospitals not affiliated with larger healthcare facilities because of increased government regulations combined with reduced reimbursements. Closure of a rural hospital can have a devastating impact on a small community that […] [...]

HOLDING IT ALL TOGETHER — Keeping companies’ banks united provides advantages for large and small

Put simply, bank holding companies own one or more banks, but don’t engage in banking themselves. And although BHCs involve legal complexities and regulatory considerations, BHCs are favored by many banks because they provide more flexibility in raising capital and more liquidity for shareholders. BHCs are favored by both large and small banks. “It is […] [...]

Millsaps dean’s lessons reach beyond classroom

Dr. Kimberly G. Burke, dean of the Else School of Management at Millsaps College and professor of accounting, said she was “surprised and delighted” by being receiving the 2014 Outstanding Educator Award from the Mississippi Society of Certified Public Accountants. “This was a completely unexpected honor,” Burke said. But it came as no surprise to […] [...]

MDA’s Christensen forecasts economic growth momentum continuing in 2015

Mississippi Development Authority Executive Director Brent Christensen foresees 2015 being a year when the state builds upon the strengthening economic activity of both the state and the nation in the past year. “As the national economy continues to rebound and strengthen, that momentum will continue to carry over,” Christensen said. “Companies are increasingly seeking new […] [...]

State economic development leaders optimistic of 2015

State business and economic development leaders are optimistic that the sluggish economic recovery from the 2008 recession will kick into high gear in 2015. At 7.6 percent, Mississippi had the second highest unemployment rate in the country in November. But that is a significant improvement from rates of more than 10 percent in 2011, and […] [...]

BUILDING BRIDGES — Civil engineer Cindy Rich manages time between family and projects

It has been said that modern women can’t have it all, raise a family while also climbing the career ladder and accomplishing great things at work. But Cindy Rich, a licensed civil engineer who is vice president and engineer manager for the structures department at Neel-Schaffer, Inc. has been able to oversee major engineering projects […] [...]

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