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The Worcester Guardian online news site, which was founded by the Worcester Regional Chamber of Commerce, has received tax-exempt status as a 501(c)(3) nonprofit from the U.S. Internal Revenue Services.
Angered over the serious financial challenges at Steward Health Care that could jeopardize the future of safety net hospitals in eastern Massachusetts, top House Democrats insisted Thursday they will not bail out the company.
With tax revenues running $769 million behind projections after December, the Healey administration last month slashed the year-end revenue estimate by $1 billion.
Major swaths of the state's health care system are now considered "high risk," with the crisis largely fueled by a major backlog of patients waiting to be discharged from hospitals, the Massachusetts Health and Hospital Association said Monday.
The situation in Central Massachusetts, where 15.6% of named executive officers are female, largely mirrors the Massachusetts rate of 16.1% determined in a statewide census.
A Ware-based financial institution will have its first woman president in the 174-year history of the business, as Mary McGovern has been named the next president of Country Bank.
The Healey administration wants to tap new revenue sources and keep spending growth somewhat constrained in a $58.15 billion state budget that officials pitched as putting Massachusetts on a "glide path" toward potentially better financial
Applications for the first grants from a new fund meant to support cannabis entrepreneurs in communities disproportionately harmed by the War on Drugs are due next month, with $2.3 million available to help qualified business licensees with urgent
The Health Foundation of Central Massachusetts awarded four grants totaling $1 million to area nonprofits in order to improve child mental health, access for children to affordable health care, food delivery for people in need, and child care
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.
The most significant burden on the single-family market, not just in Central Massachusetts but around the country, is interest rates.
Central Massachusetts professionals are getting hired and promoted at companies like Mechanics Hall, Mirick O'Connell, MutualOne Bank, and Bowditch & Dewey.
In a post-COVID world, the demand for these services is higher than ever, yet animal nonprofits are reporting financial crises as flattening donations are failing to cover expenses.
Katallage Wellness Center, a new holistic health business in Shirley, has received $50,000 in loan financing from the North Central Massachusetts Development Corp., the economic development arm of the North Central Massachusetts Chamber of Commerc
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
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.