The UMass Memorial Health Care system will be investing over $168.8 million in renovations to its four hospitals after securing a tax-exempt bond through MassDevelopment.
Community hospitals in Massachusetts face a "self-reinforcing cycle of challenges" that makes their traditional business model unsustainable as more patients choose larger academic medical centers, according to a new report.
Knowing medical costs will grow right along with the number of elders, healthcare organizations are rallying by keeping more nursing-home-eligible seniors in their own homes with more integrated supports and streamlined resources, which – happily – coincides with seniors' wishes to stay in their homes.
While the pharmaceutical industry has not addressed prevention of Lyme disease as a public health need largely because of concerns about the market and profitability, MassBiologics was founded on a mission to improve public health.