Worcester-based UMass Memorial Health Care will bring 500 information-technology employees downtown following the $36 million redevelopment of 100 and 120 Front St. in downtown Worcester.
For Lisa Colombo, assuming the role of interim president of Clinton Hospital is a dream come true.
“I've been working towards this,” Colombo said. “It's the job I was hoping I would find.”
The national Legal Services Corporation has awarded Worcester-based Community Legal Aid a two-year Pro Bono Innovation Fund grant valued at more than $200,000, according to a statement Wednesday from UMass Memorial Health Care, Community Legal Aid and Legal Services Corporation.
The cost of doing business in Massachusetts is oft-lamented, and apparently, the field of medicine is not immune.
That's according to the results of the annual Physician Practice Environment Index (PPEI) published last week by the Massachusetts Medical Society (MMS). While the Massachusetts PPEI has experienced an upward trend since a low point in 2010, in 2015, it continues to lag the U.S. index — and the delta appears to be widening.
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.
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.
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.