www.wbjournal.com October 26, 2015 • Worcester Business Journal 3
This issue marks the seventh time
Worcester Business Journal has handed out
its Outstanding Women in Business awards
to a class of worthy women making a dif-
ference in business and the community.
Judging by feedback, website views and
event turnout, OWIB (the affectionate
acronym we give it at the office) is the sec-
ond most popular of all of WBJ's awards,
right after 40 Under Forty. They join a slew
of other awards we hand out during the year, including Top
Workplaces, Best of Business, Family Business Awards and
Business Leaders of the Year.
In my past life as a daily newspaper reporter, several of my col-
leagues would have scoffed at the idea of a journalism publication
shelling out a half dozen awards to more than 100 honorees every
year (unless, of course, my colleagues were the ones receiving the
awards).
To me, though, newspapers and magazines are much more
than a place to read about the news of the day. We are thought
leaders in the communities we serve. For WBJ, that means being
an important and thoughtful participant in the Greater Worcester
business community.
While that means providing our audience with up-to-the-
minute news and necessary business intelligence for them to
thrive in this community, it also means taking a step back every
now and again to recognize those exceptional few for the out-
standing contributions they make to the people that we serve. Just
like all our awards, you will find this year's 2015 Outstanding
Women in Business more than deserving of the honor.
- Brad Kane, editor
This Week In The WBJ
Worcester Business Journal (ISSN#1063-
6595) is published bi-weeky, 24x per year,
including 5 special issues in April, July,
September, November and December, by
New Engand Business Media. 172
Shrewsbury St., Worcester, MA 01604.
Periodicals postage paid at Worcester, MA.
Copyright 2015. All rights reserved.
Postmaster: Please send address changes
to: Worcester Business Journal, PO Box
330, Congers, NY 10920-9894.
Subscriptions: Annual subscriptions are
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please email wbjournal@cambeywest.com
or contact our circulation department at
845-267-3008. Fax: 845.267.3478
Advertising: For advertising information,
please call Mark Murray at 508-755-8004
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Worcester Business Journal accepts no
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or materials and in general does not return
them to the sender.
Worcester Business Journal • 172 Shrewsbury Street • Worcester,
MA 01604 • 508-755-8004 tel. • 508-755-8860 fax
www.wbjournal.com
A division of:
WBJ on the Web
From news to information about events and awards, we have it all at WBJournal.com.
Top Workplaces
event coming up Dec. 2
For the fourth straight year, Worcester Business
Journal will honor the top companies in the
region innovating in the areas of health plans and
benefits, employee awards and recognition, and
worker training and education. The results of our long nomination process
will soon be revealed on Nov. 9, and registration for the Dec. 2 event is
available under the Our Events tab at WBJournal.com.
NEWS & ANALYSIS
11 St. Vincent surges in profitability
The privately-run hospital was the second most profitable in all of
Massachusetts in fiscal 2014.
28 Medical changes hurting doctors' finances
Changing care models and reimbursements rates have put the squeeze
on medical practice groups.
35 McDonough Foundation $15M grants hailed
The foundation had $1 million in assets last year but gave $15 million
in October to Worcester cultural organizations.
All the news fit to print,
for an entire year
Along with regular breaking news and up-to-the-
minute information on topics catered to specific
readers, WBJournal.com is host to the past 12 months
of print issues, providing 12 years worth of advice and
business intelligence for companies that want to stay
one step ahead in the marketplace. Click on the Print
Edition tab and browse previous editions.
DEPARTMENTS
26 Accolades & Honors
4 Briefing
37 Editorial
36 Flash Poll
25 Fresh Beginnings
23 Incorporations
30 Knowhow
34 Movers & Shakers
32 Networking/Events
38 Photo Finish
7 Real Deals
8 Ticker
37 Viewpoint
Editor, Brad Kane,
bkane@wjournal.com
Staff Writers
Sam Bonacci, sbonacci@wbjournal.com
(Banking & Finance, Real Estate,
Manufacturing, Technology)
Emily Micucci, emicucci@wbjournal.com
(Health Care)
Staff Writer/Copy Editor
Carol McDonald, cmcdonald@wbjournal.com
Contributors
Susan Shalhoub, sshalhoub@wbjournal.com
Livia Gershon
Christina P. O'Neill
Research Director, Stephanie Meagher
smeagher@nebusinessmedia.com
Research Assistant, Heide Martin
hmartin@wbjournal.com
Production Director, Kira Beaudoin
kbeaudoin@wbjournal.com
Associate Art Director, Mitchell Hayes
mhayes@wbjournal.com
Manager of Video/Multimedia Services,
Matthew Volpini
mvolpini@nebusinessmedia.com
Director, Major Accounts
Bonnie Leroux, bleroux@wbjournal.com
Senior Accounts Manager
Matt Majikas, mmajikas@wbjournal.com
Accounts Manager
Rena Barbieri, rbarbieri@wbjournal.com
Custom Publishing Project Manager
Christine Juetten, cjuetten@wbjournal.com
Marketing & Events Manager
Kris Prosser, kprosser@wbjournal.com
Controller, Mary Rogers
mrogers@nebusinessmedia.com
Accounting Assistant, Valerie Clark
vclark@nebusinessmedia.com
Collections Manager, Raki Zwiebel
rzwiebel@nebusinessmedia.com
Human Resources, Kim Vautour
kvautour@nebusinessmedia.com
Publisher, CEO, Peter Stanton
pstanton@nebusinessmedia.com
Associate Publisher, Mark Murray
mmurray@wbjournal.com
Group Publisher, Joseph Zwiebel
jzwiebel@nebusinessmedia.com
2012TOP
WORKPLACES
Worcester Business Journal's
Worcester Business Journal's
2015TOP
WORKPLACES
2012TOP
WORKPLACES
Worcester Business Journal's
2012
Worcester Business Journal's
SHOP TALK
8 The founder of a women's trash disposal firm gives a Q&A on providing
advantages to women.
12
Outstanding Women in Business
FOCUS
COLUMN
25 Outgrowing your bank
Businesses need to shop around for financial services as they grow.
THE LIST
21 The top women-owned businesses in Greater Worcester
To award, or not to award