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State urged to lower benchmark for health care spending

Representatives from hospitals, the insurance industry and business groups struck a near unanimous chord Wednesday in urging state officials to adopt a lower target for measuring growth in health care spending.

‘Flawed premise’ said to have led to state’s insurance assessment

The Baker administration's plan to levy heavy per-employee assessments on businesses that don't meet proposed health insurance...

Central Mass. companies embrace mindfulness programs

Central Mass. companies are embracing programs like meditation and present-moment awareness to increase health and productivity.

Home care agency sweating 25% MassHealth cut

Despite huge success since opening a home healthcare agency in 2012, owners of Worcester-based Century Homecare are worried about planned changes to MassHealth reimbursement rates.
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The opioid payment crisis

Central Mass. addiction treatment providers have a difficult time finding financial solvency when providing services to MassHealth patients.

Fallon Health reports $20M annual loss

Worcester health insurance company Fallon Health lost $20 million last year on $1.2 billion in revenue, recording its second consecutive annual loss.

Hanover reorganizing under new CEO

Hanover Insurance Group unveiled its new CEO's strategy last week, including combining several divisions, expanding its specialty business and forming a new unit.

Arch Therapeutics to make $6M stock offering

Framingham biotechnology company Arch Therapeutics is selling an estimated $6.1 million worth of shares, in part to pay back the Massachusetts Life Sciences Center for funding.
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Does the state have $300M hidden in a mattress somewhere?

We don't see Charlie Baker winning any Conservative of the Year awards at the next Republican National Convention, but it still was jarring to see the Massachusetts governor propose what amounted to a MassHealth bailout tax on companies of more than 10 employees.

Businesses bristle at reform, but MassHealth changes go deep

With the U.S. healthcare system in limbo, political leaders are facing a stark certainty: The state Medicaid budget is unsustainable and reform is imperative.
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