UMass Memorial Health

UMass Memorial Reacts To Credit Downgrade

UMass Memorial Healthcare's chief financial officer reacted Tuesday to the recent credit downgrade Moody's Investors Service issued due to mounting cost pressures for the Worcester-based health care system.

UMass Memorial Joins BCBS Global Payment Program

In what is the first major move made with UMass Memorial Health Care's new CEO at the helm, the five-hospital system announced its participation in Blue Cross Blue Shield's alternative quality contract.

UMass Medical School Buys 3 Biotech Buildings In $40M Deal

In a bit of a surprise move, the University of Massachusetts Medical School has purchased the remainder of the five biotech buildings in the Massachusetts Biotechnology Research Park on Plantation Street for $40.3 million.

Departing UMass Head O’Brien To Teach At Clark

John G. O'Brien, who retires next week from his position leading UMass Memorial Health Care, has been appointed to a distinguished professorship at Clark University, the school announced.

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Quest Sees Q4 Dip But Profit Growth Overall

New Jersey-based Quest Diagnostics Inc., which is establishing a Central Massachusetts presence in Marlborough through a partnership with UMass Memorial Health Care, saw its revenue and profits fall in the fourth quarter.

Investments Boost UMass Memorial Surplus

UMass Memorial Health Care Inc. (UMMHC), the largest employer in Central Massachusetts, has its investment portfolio to thank for an improved fiscal 2012, which ended Sept. 30.