Worcester Business Journal

6 Worcester Business Journal | October 14, 2019 | wbjournal.com Dominick Marcigliano, executive director, WCHR T H E T I C K E R $80 million Cost of a new as-yet-unnamed academic, research and student services building under construction at Worcester Polytechnic Institute Source: WPI Amount of a five-year pilot program run by Fitchburg non- profit NewVue Communities to acquire abandoned homes in Athol, Clinton, Fitchburg, Gardner and Leominster $7.5 million Source: Massachusetts Dept. of Housing and Community Development 3.1% Source: Center for Health Information & Analysis Rise in Massachusetts healthcare spending in 2018, climbing at a rate faster than in the previous seven years since a healthcare cost control law passed Rise in the average monthly rent of a Worcester home since the third quarter of 2018, the sixth highest among U.S. metro areas 6.1% Source: RealPage Maynard accounting firm cutting ties with six towns Baystate Municipal Accounting Group in Maynard has notified the towns of Ashburnham, Hadley, Hatfield, Millville, Monterrey and Warwick it is ceasing its services by Dec. 31. e company was founded in 2009. Its president and founder, Jonathan Cole said he is dealing with health issues and closing his firm. Saint Vincent parent names Mass. CFO Tenet Healthcare of Dallas has promoted Brendan Strong to lead the finance and accounting functions at St. Vincent Hospital in Worcester and Metrowest Medical Center in Marlbor- ough as the chief financial officer for the company's Massachusetts market. Strong is currently Tenet's vice presi- dent of investor relations and has served in this role since 2015. Strong joins Saint Vincent Hospital and Tenet Massachu- setts CEO Carolyn Jackson as another new addition to Tenet's Mass. leadership. Worcester housing resources head retiring e executive director of Worcester Community Housing Resources, a non- profit advocate for affordable housing, will retire in January. Dominick Marcigliano has been the agency's executive director since 2012, overseeing its expansion in lending, development and property ownership across Worcester County. e group, created in 1993, says it has one of the largest receivership lending programs in Massachusetts, which Marcigliano has helped grow to work with court-appoint- ed receivers to finance the reconstruction of condemned and abandoned housing. Continued from Page 5 B R I E FS You've got a lot on your plate. We're here to help. With local, trusted advisors and a full suite of money management products. Let's talk about your business and where we can take it together. EXPANDING PRACTICE. EVER-EXPANDING RESPONSIBILITIES. IF THIS IS YOU, THEN THIS IS YOUR BANK. Visit web5.com or call 800.696.9401 WEBSTER • DUDLEY • OXFORD • AUBURN • WORCESTER • SHREWSBURY Member FDIC Member DIF Nat King Cole "You must remember this, a kiss is still a kiss. " Standard Time weekdays 3:00 to 6:00 pm. The Great American Songbook and jazz standards. And great radio is still great radio. Herman Hupfield Nat King Cole "You must remember this, a kiss is still a kiss. " Standard Time weekdays 3:00 to 6:00 pm. The Great American Songbook and jazz standards. And great radio is still great radio. Herman Hupfield

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