Banking & Finance

Heywood Healthcare leaders have worked in the last several months to right-size its operations amid an ongoing bankruptcy, said co-CEO Rozanna Penney, but Monday marked a day of regeneration for the Gardner-based health system.

Paresky Flitt & Co., a certified public accounting firm based in Wayland, has been acquired by UHY, a national accounting firm headquartered in Connecticut.

Heeding Gov. Maura Healey's calls for the Bay State to better compete for federal dollars, legislators are moving ahead with one of the governor's plans to attract more funds from the feds into the state.

People are on the move at UMass Memorial Medical Group, MutualOne Bank, and Boston BioProducts.

WBJ readers voted for the top 55 companies in categories like Best Bank, Best Nonprofit Fundraiser Event, Best After-Work Bar, and Best Forensic Accountant.

The North Central Massachusetts Chamber of Commerce will provide the Winchendon Community Action Committee with a $216,000 loan to create a new facility known as the Winchendon Works Community Hub.

Halfway through fiscal year 2024, the state has now brought in $769 million or 4.1 percent less than the projections used to craft an annual budget featuring steep spending increases.

MassHousing will provide approximately $21 million in financing to support the development of The Pointe at Hill Farms, a new 93-unit apartment complex in Shrewsbury

While the Legislature voted in October to restore millions of dollars that Gov. Maura Healey vetoed, leaders of four organizations say the funds have yet to start flowing or be committed through contracts with the state.

Construction costs have escalated so quickly over the last two fiscal years that the purchasing power of the state's capital investment plan has been "significantly eroded," a panel of state finance experts said this month.