Arkansas Money & Politics - July 2019

Page 1


IF YOU WANT TO KNOW WHO’S ACCOUNTABLE, JUST READ THE NAME ON THE DOOR “Since 1933, Stephens has operated under the vision and values set forth by my father and my uncle. They held themselves directly accountable for the success of their clients, valuing relationships much more than transactions. I saw their integrity in action, sometimes at the expense of the firm—but always what they thought was right. They built their names upon the respect and honesty of these long-term partnerships. To this day, all of us at Stephens work the same way.” — Warren Stephens, CEO

INVESTMENT BANKING • PRIVATE WEALTH MANAGEMENT INSURANCE • RESEARCH • SALES & TRADING CAPITAL MANAGEMENT • PUBLIC FINANCE • PRIVATE EQUIT Y STEPHENS INC. • MEMBER NYSE, SIPC • 800-643-9691

@Stephens_Inc

STEPHENS.COM


Introducing the All-New 2020 Mercedes-Benz GLE 350

“To say the new 2020 GLE350 is good is akin to saying the Burj Khalifa is tall. It’s a true statement, but you’re leaving out most of the story. The 2020 GLE350 is in fact somewhere between exceptional and superlative. A real heavyweight in the midsize class. Mercedes-Benz’s motto has been “The Best or Nothing for some time now, with the arrival of the all new GLE, the marketing slogan will be speaking the truth.” Motor Trend Magazine nnn “The 2020 Mercedes-Benz GLE350 is more than just good – it’s outstanding. Mercedes implemented many improvements for this redesign, leaving nothing untouched. The body has updated styling and a longer wheelbase, with the latter adding stability and extra passenger space. The bevy of advanced technology includes an all-new infotainment system that’s packed with features. Performance and handling also take a serious step up from the previous GLE.” US News World Report

“The Redesigned 2020 Mercedes-Benz GLE350 Gets a Trick New Suspension and a Third-Row Seat. The new fourth-gen model is the most changed since 1997.” Car and Driver nnn “The 2020 GLE350 is about to hit the US showrooms in late spring 2019, and let me tell to all SUV buyers out there, wait for it! This new generation is absolutely ground breaking when it comes to technology. The new infotainment system called MBUX is stunning to look at and I wondered ow I lived before with the selfdriving capabilities offered in these kind of vehicles.” Top Speed Magazine nnn “It’s hard to get excited about a mid-size luxury SUV. But when one does it almost perfectly, like Mercedes has, it is notable. If you’re in this market, and luxury, comfort and technology are high on your list, I think the 2020 GLE350 is the best option in a group of good utilities.” AutoWeek Magazine

Mercedes-Benz of Little Rock

501-666-9457 | mercedesbenzoflittlerock.com

“As mid-size luxury SUVs go, this is about as good as it gets. The GLE is roomy and comfortable, chic and upscale, and reasonably rewarding to drive. It’s a techno-geek’s dream, with options ranging from an active suspension that can bounce the GLE free if it gets stuck to a voice assistant that will explain naughty sex terms. The GLE is all-new for 2020, with updated styling inside and out, new power trains, and a host of new technology. The sheet metal has been updated, though it retains the sharp-looking body-color C-pillar from the old-shape GLE. The new version looks bigger because it is bigger, with a 3.1-inch wheelbase stretch to provide more back seat room. We’re very happy with the styling changes; the old GLE looked a bit milquetoast, the new one has some much-needed presence.” AutoMobile Magazine

8 Colonel Glenn Plaza Dr. Little Rock, AR 72210 (501)-666-9457 www.mercedesbenzoflittlerock.com


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PUBLISHER Heather Baker | hbaker@amppob.com EDITOR Chris Price | cprice@amppob.com ASSOCIATE EDITOR Dustin Jayroe | djayroe@amppob.com ONLINE EDITOR Tyler Hale | thale@amppob.com COPY EDITOR Lisa Fischer | lfischer@amppob.com ART DIRECTOR Jamison Mosley | jmosley@amppob.com PRODUCTION MANAGER & GRAPHIC DESIGNER Rebecca Robertson | rrobertson@amppob.com

20 | MINORITY-OWNED BUSINESSES It’s a new day for opportunity

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36 | HEAD TO HEAD How Walmart and Amazon are adjusting to control the retail industry

ADVERTISING COORDINATOR Larissa Gudino | larissa@amppob.com INTERN Tristan Bennett | tbennett@aymag.com ADMINISTRATION Casandra Moore | admin@amppob.com

COO | KELLY SUBLETT VOWELL, INC. | CEO | VICKI VOWELL TO ADVERTISE CALL

501-244-9700 or contact hbaker@amppob.com ADVISORY COMMITTEE

Haley Allgood, executive director, Startup Junkie; Rob Anderson, director of public relations, Arkansas Farm Bureau; Sandra Byrd, VP of public affairs, Electric Cooperatives of Arkansas; Jordan Carlisle, VP of economic development, Bentonville Area Chamber of Commerce; Robert Moery, principal, Broadview Strategies; Jeff Standridge, chief catalyst, Conductor; Lauren Ward, executive director, Arkansas Rice.

CONTRIBUTORS

Pat Brown | Angela Forsyth | Dwain Hebda | Matthew King Dan McFadden | Catherine Mulkey | Leslie Rutledge | Caleb Talley Sydne Turskey | Jon Walker

52 | FLOODS & TARIFFS Arkansas’ farmers get hit on two fronts

AMP Magazine is published monthly, Volume II, Issue 3 AMP Magazine (ISSN 2162-7754) is published monthly by Vowell, Inc., 910 W. 2nd St., Suite 200, Little Rock, AR 72201. Periodicals postage paid at Little Rock, AR and additional mailing offices. Postmaster: Send address changes to AMP Magazine, 910 W. 2nd St., Suite 200, Little Rock, AR 72201. Subscription Inquiries: Subscription rate is $28 for one year (12 issues). Single issues are available upon request for $5. For subscriptions, inquiries or address changes, call 501-244-9700. The contents of AMP are copyrighted, and material contained herein may not be copied or reproduced in any manner without the written permission of the publisher. Articles in AMP should not be considered specific advice, as individual circumstances vary. Products and services advertised in the magazine are not necessarily endorsed by AMP. Please recycle this magazine.

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HEALTH CARE UAMS RECOGNIZED FOR STROKE CARE EXCELLENCE The University of Arkansas for Medical Sciences was recently recognized for excellence in stroke care. The American Heart Association honored the UAMS Stroke Program with the Target: Stroke Elite Honor Roll and the Get with the Guidelines-Stroke Gold Plus award. In addition, the Arkansas Department of Health presented the program with the Defect Free Stroke Patient Care award. The Target: Stroke Honor Roll Elite award recognizes programs that provide quick and effective treatment for stroke patients. The Get with the Guidelines-Stroke Gold Plus honor recognizes programs for maintaining high performance for two or more consecutive years after receiving a gold or silver award. ARKANSAS CHILDREN’S HOSPITAL NAMED LEVEL 1 SURGICAL CENTER Arkansas Children’s Hospital has been named a Level 1 Children’s Surgical Center by the American College of Surgeons through its Children’s Surgery Verification Quality Improvement Program (ACS CSV). Arkansas Children’s is one of only 17 children’s hospitals in the United States and the only hospital in Arkansas to receive this designation. The Level 1 Children’s Surgical Center designation, which is valid for three years, is designed to recognize centers whose programs have “enhanced the quality of children’s surgeries, prevented complications, reduced costs, and most importantly, saved lives.” ARKANSAS UROLOGY BREAKS GROUND ON CONWAY FACILITY Local officials and business leaders gathered recently to break ground on the new Arkansas Urology facility in Conway.

The new facility, located on Superior Drive, is scheduled to open in early 2020. It incorporates green building concepts such as sunscreens, highefficiency glazing, LED lighting and high-efficiency HVAC units. The clinic will provide comprehensive urological treatment services to men and women of all ages.

CONWAY REGIONAL ASSUMES MANAGEMENT FOR DARDANELLE HOSPITAL Conway Regional Health System will be assuming management of Dardanelle Hospital, formerly River Valley Medical Center. The health system will now be called Dardanelle Regional Medical Center. Conway Regional Chief Operating Officer Alan Finley will serve as the health system’s site administrator and will be overseeing the hospital’s operations during the transition. However, the health system’s medical team of more than 100 professionals will continue to provide patient care.

was not possible, since molecules of ethanol are formed by carbon-carbon bonds. However, Chen and researchers at Brookhaven were able to identify a chemical pathway to break down these bonds and release electrons, via electrooxidation. These findings provide the possibility of lightweight and efficient ethanol fuel cells as a means of electrical power, separate from “the grid.” Chen and the researchers at Brookhaven’s findings were published in the Journal of the American Chemical Society.

FARMERS ELECTRIC FLIPS THE SWITCH ON NEWPORT ARRAY

ENERGY UA PROFESSOR FINDS A WAY TO GENERATE ELECTRICAL ENERGY FROM ETHANOL An associate professor of chemistry and biochemistry at the University of Arkansas has developed a way to make electrical energy from ethanol. Jingyi Chen of the UA worked alongside scientists at the U.S. Department of Energy’s Brookhaven National Laboratory to make this discovery and develop the catalyst that makes it possible. Previously, utilizing ethanol as a generating source of electrical energy

Farmers Electric Cooperative has “flipped the switch” on its new 1 MW solar array in Newport. Along with Today’s Power Inc. the electric cooperative officially unveiled its new single-axis tracking array, which consists of 3,876 individual solar panels on approximately eight to 10 acres along U.S. Highway 67. The solar array is part of Farmers Electric Cooperative’s effort to provide efficient energy to its members. The solar array is designed to provide energy to power 135 homes at peak times. AMPPOB.COM | 13


INDUSTRY

THIS MONTH EMPLOYMENT

PREVIOUS MONTH

CONSTRUCTION

52,700

50,400

INFORMATION

11,000

10,900

PROFESSIONAL & BUSINESS

148,500

146,400

EDUCATION & HEALTH

193,200

192,900

TRANSPORTATION

64,700

65,000

LABOR FORCE

EMPLOYED

UNEMPLOYED

RATE

PULASKI COUNTY

190,070

184,724

5,346

2.8

BENTON COUNTY

136,507

133,650

2,857

2.1

WASHINGTON COUNTY

124,602

122,213

2,389

1.9

61,611

60,103

1,508

2.4

57,868

56,565

1,303

2.3

FAULKNER COUNTY SALINE COUNTY

LABOR FORCE

EMPLOYED

UNEMPLOYED

RATE

CALHOUN COUNTY

2,445

2,345

100

4.1

LAFAYETTE COUNTY

2,486

2,394

92

3.7

WOODRUFF COUNTY

2,774

2,641

133

4.8

MONROE COUNTY

2,784

2,689

95

3.4

DALLAS COUNTY

2,867

2,757

110

3.8

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WE’RE MOVING ON

UP

#1

VOTED “THE BEST MIDDLE SCHOOL & HIGH SCHOOL CONTRACTOR IN THE U.S” FOR ARKANSAS BY GC MAGAZINE

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HEALTH CARE

help wanted Arkansas ranks eighth in the nation for primary care physician need; state’s three medical schools hope to fill the gap. BY DAN MCFADDEN

While the national conversation focuses on health care insurance, there is a related issue of equal concern at hand: a national shortage of physicians. What are the contributing factorws and can Arkansas keep pace with its growing demand for doctors? ​According to the Association of American Medical Colleges (AAMC), the United States could see a shortage of up to 120,000 physicians by 2030. With the graying of America upon us, the U.S. Census Bureau reports by 2035 the number of older adults 65 and over will outnumber children 18 and under. In addition to an aging population taxing our already stretched too thin health care system, other factors contribute to the primary care physician shortage. AMP | JULY 2019

The Association of American Medical Colleges is predicting a shortage of up to 120,000 physicians in the United States by 2030.

PERFECT STORM Increasing chronic diseases like diabetes, heart disease, obesity and smoking-related issues rates, along with an aging population, are creating a perfect storm and increasing demand for more primary care physicians and specialty physicians, according to Appathurai Balamurugan (Dr. Bala for short), the state’s chronic disease director and medical director for the Chronic Disease and Tobacco Branch at the Arkansas Department of Health (ADH) in Little Rock. Bala points to America’s Health Rankings, reported yearly by the United Health Foundation. “Arkansas has 120.9 primary care physicians per 100,000 population versus the U.S. average of 156.7, placing us eighth in the na-

tion for primary care physician need,” Bala says. Despite ominous national projections, there is a silver lining for Arkansas: the primary care workforce (family practice, general practice and internal medicine physicians, OB/GYNs and pediatricians) is growing even in the face of retiring physicians across the state. The ADH Office of Health Statistics’ Health Professions Manpower Assessment report shows that over an eight-year period, the total count of Arkansas primary care physicians rose by 30 percent from 3,055 in 2010 to 3,966 in 2017. Although the increase is promising, the major challenge is primary care physician geographic distribution across all five Arkansas regions: central,


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ARKANSAS’ NURSING SCHOOLS SCHOOL

ENROLLMENT

DEGREES

Arkansas State University

17,400

Associate, BS/BSN, Accelerated BSN, RN-to-BSN, MSN, Nurse Anesthetist, Nurse Practitioner

University of Central Arkansas

10,000

BS/BSN, RN-to-BSN, MSN, RN-to-MSN, Nurse Practitioner

University of Arkansas - Little Rock

8,400

Associate

Arkansas Tech University

6,250

BS/BSN, RN-to-BSN

University of Arkansas - Fort Smith

6,200

Associate, BS/BSN, LPN

Harding University*

6,080

BS/BSN

Northwest Arkansas Community College

4,100

Associate

Henderson State University

3,100

BS/BSN

University of Arkansas - Pine Bluff

2,900

BS/BSN

Southern Arkansas University

2,800

Associate

National Park Community College

2,300

Associate, LPN

Phillips Community College of the University of Arkansas

2,100

Associate

University of Arkansas - Monticello

2,100

BS/BSN, Accelerated BSN, RN-to-BSN

Arkansas Northeastern College

1,900

Associate, LPN

North Arkansas College

1,800

Associate, LPN

East Arkansas Community College

1,515

Associate, LPN-to-RN

University of Arkansas Community College - Batesville

1,300

Associate, LPN

Baptist Health Schools of Nursing and Allied Health*

750

Diploma, LPN

Northwest Technical Institute

300

LPN

Jefferson School of Nursing

100

Diploma

Southeast Arkansas College

0

LPN

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Little Rock

wlj.com


NURSING NEEDS YOU. National Park College is addressing the nursing shortage through strategic initiatives with partners like CHI St. Vincent Hot Springs. CHI’s financial support helped equip a state-of-the-art clinical simulation lab on campus and provides tuition assistance for qualified students. NPC nursing graduates have a 100% job placement rate.

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ARKANSAS STATE UNIVERSITY

Nurse Anesthesia Program Ranked #2 as “Most affordable Nurse Anesthesia program� in the United States* The NBCRNA National Certification Examination (NCE) first-time pass rate for 2019 was 89%, with a 100% pass rate on second attempt. 100% in 2016, 2017 and 2018 passed the NCE and received offers of employment.

The Master of Science in Nursing in Nurse Anesthesia is a 28-month, 88-credit hour, full time program that prepares Baccalaureate Degreed Registered Nurses for entry into Nurse Anesthesia practice. For questions, email: Dr. Christie Zitzelberger-Black, czitzelberger@AState.edu, Shelly Cristee, scristee@AState.edu or msninfo@AState.edu School of Nursing P.O. Box 910 State University, AR 72467

AState.edu/CoNHP AMP | JULY 2019

AD-HK.indd 1

Doctoral Program Beginning 2021 (pending Council on Accreditation of Nurse Anesthesia Educational Programs (COA) Approval)

The anesthesia program is accredited by: The Council on Accreditation of Nurse Anesthesia Educational Programs The MSN program is accredited by: Accrediting Commission for Education in Nursing, Inc. *National Center for Education Statistics College Navigator

6/27/19 5:22 PM


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IGNITING ARKANSAS’ POTENTIAL

GOOD MEDICINE

We’re extremely proud of our first and second year medical school students, and soon we will welcome Physical Therapy, Occupational Therapy, and Physician Assistant Degree Program students. Educating tomorrow’s medical professionals, right here, right now. We think it’s good medicine for the River Valley and all of Arkansas. 7000 Chad Colley Boulevard Fort Smith, AR 72916

479-308-2243 (ACHE)

www.acheedu.org

Arkansas College of OSTEOPATHIC MEDICINE

Rachel Stall ('19) of Clarksville, U.S. Presidential Scholar

ASMSA offers an opportunity that combines the best parts of high school and college in a unique community of learning. It is the only school in the state to provide college-level coursework in STEM, arts, and entrepreneurship in an on-campus residential experience that has been named among the nation's most prestigious public high schools.

The quality of care we provide is immeasurable.

23,061 employees

39,904 patients

47,115

The Arkansas Health Care Association represents more than 90% of the state’s licensed long-term care facilities, which create more than $3.5 Billion of economic activity in Arkansas. Quality care for the fragile lives entrusted to us is the number one objective of every facility and caregiver. The result is quality of life for our patients and residents, and peace of mind for their families and friends.

jobs

1

common goal www.arhealthcare.com | 501.374.4422

ASMSA.ORG AHCA Ad_third square_5.5x4.875_.indd 1

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1. Proctor & Gamble

251

16. Clorox

86

2. Tyson Foods Inc.

195

17. Spectrum

79

3. Kraft

153

18. Scotts Miracle-Gro Products

78

4. Nestle USA, Inc.

150

19. Rubbermaid

75

5. Conagra

146

20. Smithfield Farmland

68

6. Coca-Cola

132

21. Hershey

64

7. Kal Kan

131

22. Reckitt Benckiser

60

8. General Mills

127

23. SGS North America

60

9. Kimberly Clark

112

24. Hewlett Packard

59

10. Nestle Purina

109

25. Hormel Foods

59

11. Johnson & Johnson

106

26. Henkel

59

12. Kellogg

97

27. Pepsi Cola Company

56

13. Unilever

95

28. Georgia Pacific

14. Cargill Inc.

91

15. Colgate Palmolive

90

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29. Campbell 30. S.C. Johnson

56 AR

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Celebrating a year of print. Subscribe at amppob.com.

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arkansasbluecross.com MPI 8419 5/19

An Independent Licensee of the Blue Cross and Blue Shield Association AMPPOB.COM | 39


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1. Colliers International Arkansas 2. Newmark Moses Tucker Partners 3. Flake & Kelley Commercial 4. Sage Partners 5. Mathias Properties, Inc.

Little Rock, Rogers

18.4 million

26

Little Rock

7.5 million

25

Little Rock, Springdale

7.4 million

35

Rogers, Little Rock

4.8 million

18

Springdale

3.2 million

5

6. The Ashley Group

North Little Rock

2.81 million

2

7. Ghan & Cooper Commercial Properties

Rogers, Ft. Smith

2.42 million

3

Little Rock

1.96 million

15

8. RPM Management Co. Inc. 9. Covington Real Estate Group

Conway

1.75 million

3

10. Halsey Thrasher Harpole LLC

Jonesboro

1.67 million

17

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Buy it. Sell it. Manage it. Lease it. I

ntegrity, innovation and decades of experience help us evaluate needs and overcome real

estate challenges. Let’s talk about yours.

501.663.5400 | HathawayGroup.com | 2100 Riverdale Road, Suite 100 Little Rock, AR 72202 Commercial Real Estate

THE BEST

IN THE

BUSINESS

As the premier building HVAC, controls, and service company in Arkansas, we offer heating and cooling solutions to building owners, engineers, contractors, and architects that both do the job and fit the budget. From initial design to completed construction and beyond, look to Powers for the help you need. To learn more, call us at 501.374.5420 or visit us online at www.powersar.com. Great people, great service, and great products from companies like Siemens. This is how we create customers for life. One customer at a time. B UILDING HVAC, C ONTROLS , & S ERVICE • 501.374.5420 •

WWW. POWERSAR . COM

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TRUSTED REAL ESTATE SINCE 1955

PEOPLE & PROPERTIES We bring the two together, helping you every step of the way. COMMERCIAL SALES & LEASING PROPERTY MANAGEMENT INVESTMENT SERVICES RESIDENTIAL SALES

501.664.7807 • RPMGROUP.COM

TPI SOLAR MAKES CENT$ Today's Power, Inc. is your energy partner.

You have many options when looking to secure a financial future, but many do not realize that installing solar can be one of the smartest investment options available.

Specializing in solar + storage, TPI can assist YOU in growing your business, city or organization by integrating renewable energy in a sustainable and fiscally responsible manner.

todayspower.com | 888-322-4275

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BETTER SCHOOLS ARE A SMART INVESTMENT. Projects like these only happen with a clear vision – and a great partner. We’re proud to invest in the local progress for Arkansas cities, like Jacksonville High School and Bobby G. Lester Elementary School. Contact us today and see what Crews can do for you.

crewsfs.com

Member FINRA & SIPC

Total access to community life. Pathfinder, Inc. is dedicated to the development and implementation of individualized strategies designed to enable citizens with development disabilities, and/or behavioral health needs, total access to community life.

PathfinderIncAR

Pathfinder, Inc. 2520 W. Main St Jacksonville, AR (501) 982-0528 pathfinderinc.org

PathfinderInc

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Join GWATNEY COUNTRY our team! JACKSONVILLE IS

We’re hiring.

Northwest Arkansas Account Executive

ALL NEW

2019 CHEVROLET SILVERADO CREW CAB UP TO

10,000 OFF MSRP

$

1301 T P White Drive, Jacksonville (501) 982-2102 www.gwatneychevrolet.com

We s t L i t t l e R o ck ’s

Rock Creek Commons Restaurants, Retail, Offices and More!

For Information on This New Development Contact 501.687.9400 • www.whisinvestrealty.com

Whisinvest Realty, LLC

AMP | JULY 2019

Arkansas Money & Politics Magazine is searching for an energetic candidate who thrives in a fast-paced work environment to fill an established sales position on our team. The ideal candidate will possess great time-management abilities, have superior communication skills and possess the work ethic to build relationships with new and existing advertisers for print and digital products. Print experience a plus. To apply, or for more information, submit your resume to Heather Baker at hbaker@amppob.com.


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A POWERFUL HISTORY OF POWERING YOUR FUTURE. The mission to deliver affordable power by our 17 electric distribution cooperatives remains as strong today as it was when we were first charged with lighting homes throughout rural Arkansas. Now covering more than 60 percent of Arkansas, we’re providing reliable service to more than half a million homes, farms and businesses. From replacing kerosene lamps with electric light bulbs to brightening our lives with the technology that moves us all forward, we’ll be there where you need us, powering our future, together.

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


WE WORK HARD SO YOU CAN TOO.

The Arkansas Department of Workforce Services is dedicated to providing education and assistance to our state’s job seekers. We also help connect employers with the people they need to get the job done. To learn more about how we’re preparing employees for rewarding careers and making it easier for businesses to hire them, visit DWS.Arkansas.gov.

adws Arkansas Department of Workforce Services

Equal Opportunity Employers/Programs.

855-225-4440 DWS.Arkansas.gov ARJobLink.com Call or Visit a One-Stop Career Center Today! Services are Free.


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