Arkansas Money & Politics January 2019

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A POWERFUL HISTORY OF POWERING YOUR FUTURE. The mission to deliver reliable and affordable power by our 17 electric distribution cooperatives remains as strong today as when we were first charged with bringing electricity to rural Arkansas. Now covering more than 60 percent of Arkansas, we provide reliable and affordable service to more than half a million homes, farms and businesses. From bringing simple, but essential electric lighting to rural Arkansas to powering the next generation of smart homes, we’ll be there where and when you need us, powering our future, together.

1 Cooperative Way • Little Rock, AR 72209 (501) 570-2200 • www.aecc.com


Champions for Children Arkansas Children’s is the state’s only health system built just for kids. With two hospitals, a pediatric research institute, a philanthropic foundation, regional clinics, telehealth, education and outreach, we’re reaching more children in more ways where they live, learn and play. Including yours!

Join the mission to make children better today and healthier tomorrow. Learn more at archildrens.org. AMP | JANUARY 2019

ACH System ad_Savvy Kids.indd 1

12/7/18 4:21 PM


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Southeast Insurance, Inc. CROSSETT, ARKANSAS

“EMPLOYEE BENEFITS SPECIALISTS”

Your health insurance experts! All too often, insurance plans don’t reflect our associative or individual needs, which leaves us with poor coverage and a difficult and expensive situation should we require treatment. At Southeast Insurance, Inc., we believe that every American should have access to elite health care and it is our mission to deliver personalized insurance coverage to Arkansans. Southeast Insurance, Inc. is honored to deliver premium health insurance, employee benefits, and Medicare supplements to ensure that companies across the state

are always well covered. Since nothing is more important than your health, we believe that you deserve access to top quality, extensive, and reliable health insurance that puts you first. That’s why at Southeast Insurance, Inc., you can trust our knowledge and expertise when it comes to your health insurance needs! We are privileged to serve the entire state of Arkansas. It is our goal at Southeast Insurance Inc. to ensure that you have top quality coverage that covers all the bases. When it comes to your health, give us a call.

SoutheastInsuranceAR.com 870-364-5644

“Providing Extraordinary Service & Solutions to Extraordinary Clients” @Southeast Insurance, Inc. Sponsored Content

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DR. ALI KRISHT’S

BOLD VISION


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Delivering innovative solutions that empower our clients and promote a sustainable future.

FIRST

installation of a heat pump chiller heater in the U.S.

$46,350,574

in energy cost savings for Arkansas clients in the last five years

1,387

U.S. hospitals served

www.Bernhard.com • 1 Allied Drive Suite 2600 Little Rock, AR 72202 • 501-666-6776

SOLAR MEANS BUSINESS

Increase your Net Operating Income and invest in solar today!

CONTACT US FOR A FREE ASSESSMENT 800.700.1414 www.entegritysolar.com AMPPOB.COM | 19


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ICS

ARKANSAS MONEY & POLIT

ARKANSAS MONEY & POLITICS

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2019

OUTSTANDING HEALTH CARE LEADER MENTAL HEALTH


Congratulations to CEO Scott Street, MBA, FACHE from your colleagues and team members at Medical Center of South Arkansas. Thank you for your energized, visionary leadership and dedication to our mission of safe, compassionate, high-quality healthcare for our community.

2019

OUTSTANDING HEALTH CARE LEADER HOSPITAL CEO

700 West Grove Street, El Dorado, AR 870-863-2000 • TheMedCenter.net

Congratulations

SCOTT STREET Best Hospital CEO

Thank You, Arkansas Money & Politics! Conway Regional Named BEST PLACE TO WORK From all of us at Conway Regional, we would like to thank Arkansas Money & Politics for this recognition. We’re also grateful for the same distinction from Arkansas Business and Modern Healthcare, a national medical publication. Part of the reason our hospital is such a great place to work is because every member of our team shares the same priority: serving you, the patient.

2019

OUTSTANDING HEALTH CARE LEADER BEST PLACE TO WORK

ConwayRegional.org


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A comprehensive network of care, here for you.

+ 40 Clinic Locations – Primary Care and Specialty Care + Cancer Support Home + Northwest Arkansas Neuroscience Institute + Pat Walker Center for Seniors + Primary Stroke Center

+ Regional Trauma Center + Total Joint Center + Walker Heart Institute + Willard Walker Hospice Home + Women and Infants Center with Level III-A NICU and Ronald McDonald House

wregional.com


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ARKANSAS MONEY & POLITICS

Get the latest on Arkansas healthcare, business, politics and startups sent straight to you. Sign up for our e-newsletter.

The best way to fight cancer is together NEA

Baptist

Fowler

Family

Center

for

Cancer Care fights cancer with radiation, chemotherapy, research, and support, all backed by a dedicated medical team with one goal - to help you get better. And we are the first in Arkansas to receive certification by the Quality Oncology Practice Initiative, for meeting the highest standards of quality cancer care. Get better with Baptist.

www.neabaptist.com F OW L E R FA M I LY CENTER FOR CANCER CARE

870-936-7000

Get Better.

When it comes to your heart, EXCELLENCE IS AN ASSET. Congratulations to Cassidy Estes, APRN, DNP on being named Top Nurse by readers! We appreciate her and our entire team of outstanding nurses. Are you looking for excellent cardiovascular care? See us soon.

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IT ALL STARTED ON A NAPKIN Great business ideas often get their start on a simple napkin. And once that idea has legs, that’s when the Arkansas Economic Development Team can provide valuable assistance with investment incentives, workshops, tax credits and grant programs to get your business up and running. To learn more about these programs, visit ArkansasEDC.com/Start.

Go to ArkansasEDC.com/Start for more information.

LPL Financial, Inc. 2018

New name. Same location. Lara Wilkerson Durham

49 years combined experience serving our investors.

John P. Hoefl, CRPCÂŽ

Financial Advisor LPL Financial lara.durham@lpl.com

501-760-3400 2228 Albert Pike Rd., Suite R, Hot Springs, AR

Financial Advisor LPL Financial john.hoefl@lpl.com

AR Insurance #8913727

AR Insurance #1197665

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BE PRO BE PROUD PROGRESS (LAUNCH THROUGH 3Q 2018) BE PRO BE PROUD PROGRESS (LAUNCH THROUGH 3Q 2018)

41,969 41,969 387 387

12,303 220 220 220 12,303 12,303 387 41,969

BE PRO BE PROUD PROGRESS (LAUNCH THROUGH 3Q 2018)

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Most Recent Annual Data

Previous Year

Population Estimate, July 2017

537,463

525.176

2.3%

Real GDP (millions of chained 2009 dollars), 2017

$25,341

$24,507

3.4%

2.8%

2.9%

-0.1%

Total Nonfarm Employment, 2017

253,500

245,900

3.1%

Median Household Income, 2017

$56,038

$51,848

8.1%

Average Annual Wages, 2017

$45,830

$44,980

1.9%

Business Establisments, 2017

13,047

12,653

Percent of Adult Populations with a Bachelor’s Degree or Higher, 2017

31.8%

30.9%

0.9%

Poverty Rate, 2017

12.1%

13.2%

-1.1%

R&D Expenditures (in thousands), 2016

$145,020

$133,660

8.5%

Average Annual Domestic Airfare, 2017

$538

$509

5.8%

Indicator

Average Annual Unemployment Rate, 2017

Percent Change from Previous Year




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Thank You

Kim and Chris Fowler! This power couple has made a transformational impact on the health of children in northeast Arkansas. Thank you for being Champions for Children and for helping to expand care close to home at the Arkansas Children’s Hospital Jonesboro Clinic!

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You’ve worked hard to achieve success. You deserve financial advisors who work as hard for you. As an Ameriprise private wealth advisory practice, we have the qualifications and experience to help navigate your complex financial needs. Whether it’s investment management, tax strategies or legacy planning, we can work with you to grow and preserve what you’ve worked so hard to achieve.

Ipsen Advisor Group A private wealth advisory practice of Ameriprise Financial Services, Inc. 501.614.4700 2228 Cottondale Ln, Ste 150 Little Rock, AR 72202 l.m.ipsen@ampf.com ameripriseadvisors.com/l.m.ipsen

The Compass is a trademark of Ameriprise Financial, Inc. Ameriprise Financial Services, Inc. Member FINRA and SIPC. © 2018 Ameriprise Financial, Inc. All rights reserved. (06/18)

ARKANSAS MONEY &

POLITICS

ARKANSAS MONEY & POLITICS

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innovation. 2019 Arkansas Business Hall of Fame

Claiborne P. Deming Chairman Murphy Oil Corporation

Joe M. Steele Co-Founder Steele Canning Company & Springdale Canning Company Founding Director Beaver Water District

Warren A. Stephens Chairman, President and CEO Stephens Inc.

John W. Tyson Founder Tyson Foods, Inc.

Arkansas Business Hall of Fame Friday, February 8, 2019 Statehouse Convention Center Little Rock, Arkansas

Tickets to the black-tie optional event are available for $150 per person by calling 479.575.6146, emailing abhf@ walton.uark.edu or online at walton.uark.edu/abhf. Sponsorships at all levels are available by contacting Leslie Manthei in the Sam M. Walton College of Business Office of External Relations at lmanthei@walton.uark.edu or 479.575.6120. | AMP

JANUARY 2019


Have a day off

IN LITTLE ROCK? Here’s how to spend it.

Pick up your rod and reel to help you with your adventures.

Head off to one of Little Rock’s stocked ponds MacArthur Park that’s just minutes away from the nature center.

TO LEARN MORE VISIT

adventurenatural.com

Go on a hike at Petit Jean Mountain and see the beautiful trails, waterfalls and overlooks Arkansas has to offer.

c=85 m=19 y=0 k=0

c=57 m=80 y=100 k=45

c=20 m=0 y=40 k=6

c=15 m=29 y=33 k=0

c=100 m=0 y=91 k=42

c=30 m=0 y=5 k=0

Take a walk around the Witt Stephens Jr. Central Arkansas Nature Center located in downtown Little Rock.


T H A N K Y O U!

FEARLESS •

FEARLESS • because

1 in 5 Arkansans struggle with hunger every day. Arkansas ranks second in food insecurity. Arkansas is No. 6 in senior hunger nationally.

100,000 200,000 300,000 400,000 Meals Packed

Meals Packed

Meals Packed

Meals Packed

...to those who we worked alongside in communities throughout the state to pack more than 1.1 million meals in the Fearless Food Fight to support local food shelters helping our neighbors in need. Together, we exceeded a goal of 700,000 meals in celebration of our 70th anniversary. Our work is not done, but if we face the future together, we can keep our great state strong.

500,000 600,000 700,000 Meals Packed

Meals Packed

Meals Packed

LIVE FEARLESS

MPI 7910 12/18

And thank you for trusting us for seven decades to provide health coverage for your employees and their families. As a not-for-profit, mutual insurance company, our commitment to investing in Arkansas and its people began in December 1948 and will continue.


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