Worcester Business Journal

6 Worcester Business Journal • November 23, 2015 www.wbjournal.com Construction to begin at Holy Cross The College of the Holy Cross will kick off work to improve the Hart Center after fundraising two-thirds of the estimated construction cost, the school said. Holy Cross said it has signed a contract with a construction management firm to begin work on the hilltop athletic com- plex as early as next month. The project includes both the renovation and expan- REGIONAL BRIEFS >> Continued from Page 5 Hospital prices sion of the Hart Center, and construction of a new field house. It is one of the six main initiatives of the college's ongoing $400-million fund- raising campaign, "Become More: Campaign for the Future of Holy Cross." Computer storage shipments fall 13 percent The shipments of personal and entry- level computer storage has fallen by 13.4 percent in the third quarter of 2015, according to Framingham-based International Data Corp (IDC). The organization's Worldwide Personal and Entry-Level Storage Tracker showed that not only did shipments decline com- pared to the previous year, but shipment values fell an even-sharper 19.8 percent. Calare Properties purchases Canton industrial building Hudson-based Calare Properties has purchased a fully leased industrial flex building in Canton. The 84,000-square-foot property, which last changed hands in 2008 for $5.7 million to Shawmut Park LLC, was pur- chased for an undisclosed amount by the real estate investment firm. The property is located at 95 Shawmut Road and is fully leased to five tenants with a remaining average lease term of 5.5 years. Solar bill draws shade from industry House leaders have crafted a modest proposal to lift the cap on solar net meter- ing in an effort to break a logjam of stalled solar projects across many parts of the state, teeing up the long-awaited legis- lation for a debate and drawing sharp criticism from solar advocates. The cap on the amount of public and privately generated solar power that can be sold back to the grid at retail rates would be expanded by 2 percent for both categories under the bill. The cap lift rec- ommended in the bill mirrors legislation filed earlier this year by Gov. Charlie Baker that also recommended a 2-percent increase, but represents a significant downsizing from a proposal floated weeks ago by House leaders to expand the cap to 2,400 megawatts. Worcester Art Museum adds artistic exterior bridge Worcester Art Museum has added an exterior bridge that plays off of the build- ing's architecture while creating an acces- sible main entrance. The new bridge, designed by wHY Architecture, is the building's accessible main entrance on Salisbury Street. Partial funding for the Salisbury Street Access Bridge project came from the Massachusetts Cultural Council, the Stoddard Charitable Trust, the George I. Alden Trust, the Fletcher Foundation and the Manton Foundation. Auburn site of future BJ's gas station sells for $725K An 82,000-square-foot parcel in Auburn has sold for $725,000 and will be used by BJ's Wholesale Club to build a gas station near its Route 20 store, according to NAI Glickman Kovago & Jacobs of Worcester. The seller was Harvey R. Goldstein Trust and the buyer was Capital Realty Knowledge + Experience + Trusted Advice. It all adds up. Large enough to serve the needs of most businesses and individuals; small enough to offer the personal attention you expect and deserve. Greenberg, Rosenblatt, Kull & Bitsoli, PC Certified Public Accountants 306 Main Street, Suite 400 • Worcester, MA 01608 508.791.0901 • www.grkb.com *2013 was the most recent data reporting year for commerical payer price level. New data is due out within a month. Source: Center for Health Information & Analysis UMass Memorial Medical Center, Worcester 76th percentile Y Nashoba Valley Medical Center, Ayer 56th percentile N Saint Vincent Hospital, Worcester 50th percentile Y HealthAlliance Hospital, Leominster 46th percentile Y Milford Regional Medical Center 46th percentile N Harrington Memorial Hospital, Southbridge 44th percentile Y MetroWest Medical Center, Framingham 44th percentile N Clinton Hospital 41st percentile Y Marlborough Hospital 37th percentile Y Heywood Hospital, Gardner 17th percentile Y Athol Memorial Hospital 16th percentile Y HIGH-PRICED COMPARISONS Massachusetts General Hospital 94th percentile N Boston Children's Hospital 93rd percentile N The commercial prices acute hospitals command for services vary widely. Most Central Massachusetts hospitals fall below the 50th percentile for commercial pricing, according to fiscal 2013*. Most are disproportionate share hospitals (DSH), which care for a large number of low-income patients. This puts them at a revenue disadvantage. Commercial payer price level by hospital, ranking from DSH highest to lowest hospital

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