Worcester Business Journal

wbjournal.com | January 23, 2017 | Worcester Business Journal 5 B R I E F S Worcester's economic recovery uneven A ranking released in January by personal finances data firm WalletHub said Worcester's economic recovery since the end of the Great Recession has been better than 65 percent of the nation, placing the city 173rd out of 505 cities, based on employment and earnings. When polled, WBJ readers were split on whether their businesses had fully turned around, with most relying on new revenue streams. F L A S H P O L L Vander Hooven approved as next MWCC president The Massachusetts Board of Higher Education voted in January to approve Dr. James Vander Hooven as the third president of Mount Wachusett Community College. He will take over the posi- tion March 19. Vander Hooven will replace cur- rent President Daniel M. Asquino, who announced his retirement last year. Vander Hooven has extensive past experience in educational leadership, most recently working as the vice presi- dent for enrollment management at Landmark College in Putney, Vt. UMass Memorial to join cancer collaborative UMass Memorial Medical Center in Worcester and the Dana-Farber Cancer Institute in Boston have notified the Massachusetts Health Policy Commission that UMass Memorial plans to join the Dana-Farber Cancer Collaborative, covering adult oncology services. Membership in the collaborative gives patients with complex cancer cases expe- dited access to Dana-Farber specialists and provides training and educational opportunities for doctors at member organizations, UMass Memorial said in a statement. UMass Memorial said it would be the first academic medical center to join the Dana-Farber Cancer Collaborative. The Health Policy Commission will review the plans before they are finalized. Continued on next page "Experiencing crowds @ local area airports, restaurants, malls and highway traffic. I would say the recession has been over for sometime and economy thriving." COMMENTS: "Looking forward to a better year. The last four have been very discouraging. My company has such great potential." "The Great Recession forced me to diversify the skills set I offer clients: The skills I learned during the recovery enabled me to serve clients better when the economy began to rebound." the Luxury of Business cLass even after you Land. The only AAA Four Diamond-rated Hotel in the region invites you to discover the most unique independently owned hotel in Worcester, Massachusetts. Thank you for voting the Beechwood Hotel "Best Hotel for Business Clients" and "Best Venue for a Business Meeting." 363 plantation st. | Worcester, Ma. | 508.754.5789 | beechWoodhotel.coM Micozzi Management, Inc. property financed by Clinton Savings Bank Has your business' recovery since the Great Recession been better than average? No. We had to shrink our operations and still haven't returned to pre-recession levels. 51% No. We had to close and are now doing something entirely new. Yes. All our revenue returned and we are now bigger than we were in 2007. 23% Yes. We found new revenue streams and are more diversified. 26% 0% James Vander Hooven, incoming MWCC president

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