Moody's Investors Service has upgraded its debt outlook for UMass Memorial Health Care from negative to positive, citing an upturn in the Worcester-based organization's finances.
Hospitals have been feeling the heat from the Centers of Medicare and Medicaid Services since 2012, when the federal insurer — the largest single payer in the country — began penalizing hospitals with excessive readmission rates for Medicare patients.
UMass Memorial Medical Center is seeking a minority stake in Quest Diagnostics Massachusetts LLC, according to documents filed by both organizations with the Massachusetts Health Policy Commission.
The urgent care frenzy that has swept Eastern Massachusetts is arriving in Greater Worcester, with at least three major players set to enter the market and plans from existing providers to up their urgent care presence.
Which is better for ambitious young workers? To stay on the job and focus on growing their careers? Or to supplement their education by enrolling in an MBA program? A number of Central Massachusetts business leaders say that, particularly with the growth of MBAs focused on particular aspects of the business world, the right choice is both.
UMass Memorial Medical Center in Worcester is receiving more than $600,000 in state funds, part of a $12 million push to enhance MassHealth payment rates and improve the quality of service in behavioral health.
As a Quincy-based urgent care center business prepares to enter Worcester, UMass Memorial Health Care has announced its own plans to open multiple urgent care centers in the city and the surrounding area, beginning this year.