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V O L . X X I N O. V I I A P R I L 6 , 2 0 1 5 12 B U S I N E S S M A I N E B U S I N E S S M A I N E B U S I N E S S N E W S F RO M A RO U N D T H E S TAT E Nursing home agrees to pay $1.2M settlement Ross Manor, an elderly care center in Bangor, has agreed to pay $1.2 million as part of a settlement with federal prosecutors over allega- tions of infl ated Medicare claims. e Associated Press reported that the settlement resolves accu- sations by the U.S. Attorney's Offi ce in Boston that Ross Manor failed to prevent a subcontrac- tor, RehabCare Group East Inc., from providing unnecessary levels of therapy it billed for Medicare reimbursements. Ross Manor has not commented on the settlement. Cross Insurance buys Mass. fi rm Cross Insurance in Bangor has acquired a Massachusetts fi rm that it said was one of the largest independent insurance providers in New England. Cross recently announced that it purchased Corcoran & Havlin Insurance Group, a Wellesley, Mass.-based fi rm that was founded in 1967 and has "grown dramatically." Corcoran & Havlin also has offi ces in Medfi eld and Duxbury. Financial terms of the deal are not being disclosed. Corcoran & Havlin's owners, Jack Keefe and George Doherty, will continue to lead the insurance provider, the announce- ment said. e company's approxi- mately 55 employees are also staying on board, Cross spokesman Ira Kantor told Mainebiz. N O T E W O R T H Y N O R T H E R N & E A S T E R N Eastern Maine Development Corp. in Bangor added the State Small Business Credit Initiative, funded by the U.S. Treasury and administered through the Finance Authority of Maine, to its small business lending portfolio. The program offers loans up to $350,000 that can be used for startup costs, working capital, business acquisition, equipment, inventory, renovation, construction and purchase of an eligible business. Penobscot Community Health Care in Bangor received a $38,500 grant from Maine Cancer Foundation to support efforts to reduce gaps in cancer screening for its patients. Maine Robotics moved its home offi ce to 30 Main St. in Orono. Portland, ME dunham-group.com 207.773.7100 L o c a l K n o w l e d g e . R e g i o n a l F o c u s . G l o b a l R e a c h . Working with the People Behind the Numbers NAI The Dunham Group brokers understand statistics. But more importantly, they understand that behind every number is a hard-working Mainer with a unique perspective and vision. Helping Mainers realize their vision and achieve their business goals is what The Dunham Group brokers do best. For more information, or to register, visit www.mainebiz.biz/OTRBiddSaco or call 207.761.8379 x341 Get out from behind your desk to meet and mingle with other business execs at a special reception for Mainebiz readers. Mainebiz is coming to six new regions of the state to continue facilitating face-to-face networking for the business community. admission is free complimentary hors d'oeuvres cash bar R E G I O N A L S P O N S O R S 5–7pm | The Pepperell Center A PR I L 3 0 Biddeford / Saco O A K P O I N T a r c h i t e c t u r e e n g i n e e r i n g p l a n n i n g A S S O C I A T E S FOLLOW US @MBEVENTS #OTRBiddSaco15

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