Health Care
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Per capita consumer spending in Rhode Island grew 9 percent between 2009 and 2012, signifying improved consumer confidence since the Great Recession but lagging New England and U.S. spending growth for the same period, according to U.S. Bureau of Economic Analysis data released Thursday. more
CVS Caremark Corp., the biggest provider of prescription drugs in the U.S., reported profit that beat analysts’ estimates after adding new customers in its pharmacy services business. more
Rhode Island community health centers contributed an estimated $226 million to the state’s economy in 2013 and supported 1,779 jobs, according to a study released Friday by the Rhode Island Health Center Association. more
The Centers for Medicare & Medicaid Services has awarded a $53 million contract to nonprofit health care agency Healthcentric Advisors, the federally designated Quality Improvement Organization for Rhode Island. more
The main trust fund behind Medicare, the $583 billion U.S. health program for the elderly and disabled, will be exhausted in 2030, four years later than projected last year, the government reported. more
The Governor’s Workforce Board has awarded a total of $1.1 million in Industry Partnership grants to eight groups with proposals aimed at addressing the skills gap in Rhode Island. more
CVS Caremark Corp. has entered new clinical affiliations with four major health care providers to improve access to clinical support, medication counseling, chronic disease monitoring and wellness programs at CVS/pharmacy stores and MinuteClinic. more
The Slater Technology Fund will invest an additional $100,000 in local health care mobile messaging platform Care Thread, bringing Slater’s total investment in the company to $350,000, Slater announced Tuesday. more
CVS Caremark Corp. and IBM will invest $1.5 million in a new grant program to support technology innovations in community health centers nationwide. more
The National League of Cities coalition has selected Providence as one of eight cities nationwide to receive a two-year grant of up to $260,000, building on previous funding that supported the development of a city outreach campaign to enroll children and families in RIte Care, the state’s Medicaid-managed care program for low-income families. more
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