Greater Worcester

With its purchase by Tenet Healthcare Corp. pending, Vanguard Health Systems, the parent company of Saint Vincent Hospital and MetroWest Medical Center, reported a slight drop in net income for its recently completed fourth quarter, but a jump for the fiscal year.

Minuteman Health, the state's only member-governed health insurance plan, received its license to operate from the Massachusetts Division of Insurance (DOI) and had its premium rates approved so it can sell plans in 2014.

A longtime local dance studio has been passed down from its founders to one of its former students.

Arlington-based American Alarm and Communications Inc. has acquired Sentinel Security Systems, a Worcester company that's provided home security services in the region since 1995.

The nonprofit innovation center and incubator that was launched earlier this year to aid science and technology entrepreneurs has signed a multi-year lease for an office in the future Hopkinton Innovation Park.

A painting dating back to 1560 that director Matthias Waschek called a “game changer” for the Worcester Art Museum has been acquired by the facility.

Worcester's DCU Center will host next year's Democratic State Convention, party leaders and arena management announced Tuesday.

An international team of universities, led by Worcester Polytechnic Institute (WPI), finished in first and fourth place in two juried categories for its solar home design, branded the Solatrium.

Worcester Academy has received $20.3 million in tax-exempt bonds from MassDevelopment to be used for renovations and restorations.

The state's transportation department announced that is has completed the acquisition of the Worcester/Framingham Commuter Rail lines from CSX Corp., giving passenger travel priority over freight and the Massachusetts Bay Commuter Rail (MBCR) control of dispatching.