Updated August 1 at 11:45am
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PROVIDENCE – On the eve of the 49th anniversary of the signing of Medicare and Medicaid into law, new information released recently by the federal Department of Health and Human Services shows that Rhode Islanders with Medicare have saved $35,237,763 on prescription drugs as a result of the Affordable Care Act. Nationally, more than 8.2 million seniors and people with disabilities with Medicare continue to enjoy prescription-drug savings as a result of the Affordable Care Act, saving $11.5 billion since 2010. more
PROVIDENCE – With funding having been found at the last minute during this year’s budgetary sessions at the Statehouse, the state’s Boston-based poison-control services have been extended through June 2015. more
If businesses needed a reminder of the growing prominence of supply-chain management in the e-commerce era, the image of Amazon drones delivering orders on network television this year likely provided it. more
Mark Stewart has a vision to make “extreme customer service” the priority of the restructured Rhode Island Small Business Development Center. more
The Providence Business News Executive Poll is a weekly survey of 70 business leaders throughout the state, representing small and large companies in a variety of industries. more
From yacht repairs done from the back of his truck and the family basement, Bill Munger built Conanicut Marine Services Inc. in Jamestown over four decades. Begun in 1974, the business now also includes a marina, boatyard, ship’s store and ferry service. And though the Great Recession took a financial toll, Munger, pictured above with his wife, Marilyn, sees hope for expansion, including adding a climate-controlled storage shed and possibly a third boat to his ferry fleet. more
The leading Democratic candidates for governor of Rhode Island agree on many key policy points, but not on how a political campaign should be financed. more
Marc A. Crisafulli will step down as managing partner at Hinckley, Allen & Snyder LLP to join the leadership team at Suffolk Construction Co. in Boston, and will be succeeded by Hinckley Allen Partner David J. Rubin. more
Factory production increased in July at the fastest pace in five months as capital spending climbed and motor vehicle demand surged, indicating the industry is helping propel the U.S. economy. more
(Updated, 3:50 p.m., Aug. 28) Some of the region’s most buzzworthy companies have been named in Providence Business News’ third Fastest-Growing & Innovative Companies awards program. Companies with the largest percentage growth of revenue from 2011 to 2013 in four revenue size categories, along with the most innovative companies in each of 10 industry categories, will be feted on Sept. 10 at an oceanfront event at Newport’s Rosecliff Mansion. more
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