Worcester Business Journal

wbjournal.com | April 21, 2025 | Worcester Business Journal 7 THE RELENTLESS PURSUIT OF HEALING ummhealth.org WHEN CHOOSING HEALTH CARE, YOU CAN CHOOSE TO HAVE IT ALL. Our network of hospitals, providers and services was created to ensure that everyone in our region has access to amazing health care and a chance to live the healthiest life possible. So, regardless of where you live, a UMass Memorial Health hospital or service is nearby. And that means no matter what you need health-wise, the wise choice is also the convenient one. The hospitals and services of UMass Memorial Health UMass Memorial Medical Center | UMass Memorial Medical Group | Harrington | HealthAlliance-Clinton Hospital Marlborough Hospital | Milford Regional Medical Center | Community Healthlink H RING Seven Hills Foundation is n Clinicians for outpatient, in-home therapy, behavioral health, residential, & more n RNs & LPNs for adults & children with disabilities n Residence Directors to manage our community-based homes for adults with disabilities & brain injury n Direct Support Professionals for adults with disabilities & brain injury in our community-based homes SIGN-ON BONUS and competitive salaries/hourly rates, BCBS MA health and dental, 3 weeks paid vacation, tuition assistance/ remission, and more! Apply online at sevenhills.org/careers. 81 Hope Avenue, Worcester, MA 01603 • 508.755.2340 • sevenhills.org with extensive experience in corporate finance and as a public company CFO," Green said. "I am confident in Mark's financial and business acumen as well as his ability to lead our finance team in a challenging market environment." Harvard Bioscience released its 2024 financial results in March, revealing a revenue of $94.1 million, down from $112.3 million in 2023. Its gross margin was 58.2%, compared to 58.9% in the prior year. It ended 2024 with a net loss of $12.4 million, compared to a loss of $3.4 million for 2023. e firm blamed a challenging global market and reduced spending by con- tract research organizations, distribu- tors, and academic researchers as the reason for the revenue decrease. Harvard Bioscience implemented $4 million in layoffs in April 2024 in an attempt to shore up its financial footing. Proposed $40M horse-racing facility in Leominster faces pushback from residents A proposal to build a horse racing track and sports gambling bar at the site of a former Leominster landfill is receiv- ing pushback from local residents. Baystate Racing, a Worcester-based firm, is proposing e Fairgrounds horse racing facility for a 31-acre former landfill off of Mechanic Street and the Leominster Connector. e proposed facility would see the $40-million con- struction of a turf racing track, on-site sportsbook, and the ability to bet on horse races at other sites via simulcasts, according to the project's website. e project would include construc- tion of entrances and exits for the facili- ty directly connecting it to the Leomin- ster Connector, a move the developer says would help reduce traffic and other impacts on local residents. e plan would be to hold two racing festivals per year, with a total of six days of racing at the site. Baystate Racing says the site would be home to a horse therapy center and will be utilized as a community space when races are not being held. Baystate Racing says the proposed facility would revitalize unused space in the city and serve as a barrier to urban sprawl. Some Leominster residents have pushed back against the proposal.A petition to stop the project has received more than 1,300 signatures on Change. org, as Leominster resident Lisa Nugent has filed a petition with the Leominster City Council to prohibit horse and dog racing, as well as any associated betting or wagering on the sports, within Leominster. W

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