The funding jolt from subsidies and the Low-Income Housing Tax Credit program, which saw a $20 million increase in the tax package Gov. Maura Healey signed in October, will benefit more than 1,900 housing units.
After months of discussions, UMass Memorial Health in Worcester and Milford Regional Medical Center have signed a definitive agreement for corporate affiliation, allowing the struggling MetroWest hospital to receive support from Central Massachusetts’ largest healthcare system.Â
Glidden attended the Senior Executive Chief Financial Officer Program at Columbia University in New York and holds a master’s degree in accounting from Bentley University in Waltham.
The fiercely independent Milford hospital long resisted efforts to join with another hospital system, but a $15-million operating loss in fiscal 2023 helped force the board of trustees' hand.
Heywood Healthcare leaders have worked in the last several months to right-size its operations amid an ongoing bankruptcy, said co-CEO Rozanna Penney, but Monday marked a day of regeneration for the Gardner-based health system.