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August 24, 2017

Money

Secure Platform Funding or Scam Loan Funding on the Rise?

Some evidence has come to light pointing towards the possibility of a fraudulent scheme in the financial industry, in the case of Mr. Bruce Green and Secure Platform Funding. This, some material suggests, may be an advanced fee scheme. In recent years, we have seen an increase in white collar crime, specifically in investment fraud

Partners exec: Care New England acquisition depends on bottom line

Partners HealthCare is in negotiations to acquire three Rhode Island hospitals, but top executives said the deal is largely predicated on whether the hospitals’ parent organization can become profitable. Partners announced in April that it planned to acquire three of Care New England’s four hospitals. The deal would involve taking on a financially floundering institution,

Opioid death rate slows in Massachusetts

Opioid deaths remained high in the first quarter of 2017, but were lower than the same period a year prior, showing that Massachusetts is making progress but still has a long way to go in combatting what has been called an opioid epidemic. In the first three months of 2017, 447 deaths from opioids were

Law firm’s name partner to leave for Gesmer Updegrove

Kevin T. Peters, one of the founding partners of Boston’s Arrowood Peters LLP, is leaving the litigation boutique next week to join the technology and startup law firm Gesmer Updegrove LLP. Peters and colleague Lisa Arrowood left Todd & Weld LLP to start their firm in 2011. According to its website, it will have seven

​Boston contract research firm inVentiv acquired for $4.6B

Boston-based inVentiv Health has been acquired by INC Research Holdings in a $4.6 billion deal that will create one of the world’s largest contract-research companies. The deal comes just days after the Wall Street Journal reported that another CRO headquartered in Massachusetts, Waltham-based Parexel International Corp., is exploring a sale. Parexel is in the midst

MBTA's 'Heart to Hub' line shows flat ridership

Worcester’s “Heart To Hub” workday express train to Boston has developed a “loyal customer base,” according to recent figures released by the MBTA Tuesday. MBTA spokesman, Joe Pesaturo, said that, in its first month of operation, “Heart To Hub” averaged 160 morning riders, and 66 evening riders. Eleven months later, in April, the train was

Trumpcare won't eliminate Massachusetts consumer protections

Trumpcare may cost Massachusetts millions of dollars in federal help, but it won’t eliminate protections Massachusetts has in place for consumers, according to one health care advocate. Consumer health policy experts say the Republican health care plan, which passed the House last week, would slash funding the state receives for Medicaid and would eliminate federal

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