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Movers & Shakers for Feb. 19, 2024

Central Massachusetts professionals are getting hired and promoted at Saint Vincent Hospital, AAFCPAs, the Milford Physician Group, and the Telegram & Gazette.

🔒Watching the Fed: After a jump in rates over the last two years, banks are preparing for cuts to trigger more activity

For Central Massachusetts banks, rising interest rates are a lot of change to deal with.

🔒Reporting discrimination: New, but delayed, reporting requirements seek to identify bias in small business loan approvals and denials

While generally supportive of the new rule, the lending industry is concerned about the onus the new requirements put on banks.

Parent company of Oxford-based bankHometown to merge with North Shore Bank

The holding company of Oxford-based bankHometown, has reached an agreement to merge with North Shore Bancorp.
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Healey doesn’t rule out new or increased taxes to fund transportation efforts

"I'm not going to comment on hypotheticals until I see things, but what I'll say is I think as governor, I have not been afraid to take this head on," Healey replied when pressed on how she would respond if the panel explicitly recommends expanding taxes.

Worcester Guardian news site receives tax-exempt status

The Worcester Guardian online news site, which was founded by the Worcester Regional Chamber of Commerce, has received tax-exempt status as a 501(c)(3) nonprofit from the U.S. Internal Revenue Services.

Mass. leaders say Steward Health Care will not receive bailout

Angered over the serious financial challenges at Steward Health Care that could jeopardize the future of safety net hospitals in eastern Massachusetts, top House Democrats insisted Thursday they will not bail out the company.

Pressure on state budget mounts as tax collection slump drags on

With tax revenues running $769 million behind projections after December, the Healey administration last month slashed the year-end revenue estimate by $1 billion.
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Major swaths of state’s healthcare system considered high risk due to patient backlog

Major swaths of the state's health care system are now considered "high risk," with the crisis largely fueled by a major backlog of patients waiting to be discharged from hospitals, the Massachusetts Health and Hospital Association said Monday.

🔒Steady, but too SLOW: Less than 16% of top executives and zero CEOs at major Central Mass. publicly traded companies are women

The situation in Central Massachusetts, where 15.6% of named executive officers are female, largely mirrors the Massachusetts rate of 16.1% determined in a statewide census.
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Career Opportunities

Production Manager – Columbia Tech

Columbia Tech
,
Westborough, MA

Retail and Customer Service Specialist

Girl Scouts of Central and Western Massachusetts
,
Worcester, MA
$20/hour

Communications & Events Coordinator

Girls Inc. of Worcester
,
Worcester, MA
Hourly Rate: $24–$27.88/hr (based on experience)
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