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UMass Memorial Health

UMass Medical Center improves S&P outlook

Standard and Poor's Rating Services has upgraded UMass Memorial Medical Center's outlook from negative to stable, citing improved financial performance and affirmed the Worcester hospital's BBB+ bond rating on Tuesday.

S&P issues improved outlook for UMass Memorial Medical Center

Standard and Poor's Rating Services has upgraded UMass Memorial Medical Center's outlook from negative to stable, citing improved financial performance and affirmed the Worcester hospital's BBB+ bond rating on Tuesday.

UMass Memorial CFO: System well ahead of budget in 2015

The state's Center for Health Information and Analysis reported last week that Central Massachusetts hospitals collectively have the lowest total margins among all regions of Massachusetts. But that doesn't mean the picture is grim. Sergio Melgar, chief financial officer for UMass Memorial Health Care, said one has to look beyond margins and operating surpluses and losses for fiscal 2014, as detailed in the center's recent report, to appreciate the bigger picture.

UMass Memorial adds to growing client list of health records vendor

UMass Memorial Health Care said in June that it would invest $700 million to upgrade its electronic...
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Health care reform spurs hospitals to build satellite facilities elsewhere

It's no mistake that, throughout Massachusetts, there's more hospital signage showing up either on commercial sites, or on empty land that will give rise to satellite facilities under the umbrella of larger health care systems. That, in turn, is creating new business for architects and construction companies.

UMass Memorial renews supply chain deal

UMass Memorial Health Care has renewed and expanded its contract with an Atlanta-based services provider to help manage its supply chain and procurement operations, the firm announced Thursday.

Officials: Numbers turning upward at Clinton Hospital

The past two years haven't always been good for small community hospitals. Challenged to keep up with technological advances and squeezed by competition from larger health systems as they struggle for reimbursement, three have closed across the state.

WBJ Talk Back

VIRTUAL DOCTORS VISITS A HARSH REALITY?UMass Memorial Health Care announced it's entering the field of virtual doctors'...
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UMass Memorial CEO: $700M investment will more than pay for itself

Employees of UMass Memorial Health Care might have suffered a serious case of sticker shock when they learned about the $700 million cost to roll out a new electronic health record system and revamp the health care provider's IT infrastructure when CEO Dr. Eric Dickson unveiled those plans in a blog post last week.

HealthAlliance nurses ratify contract

Nurses at HealthAlliance Hospital in Leominster have ratified a new, two-year labor contract that improves staffing ratios and adds new positions, according to their union, the Massachusetts Nurses Association.
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