Enterprise Bank of Lowell has acquired the former site of the burned down Columbia Hotel for $585,000 with plans to create a new banking center in Leominster.
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.
Hudson-based Calare Properties has completed the sale of an industrial property in Leominster for $31.5 million, growing the property's value from $11.6M three years ago.
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.