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Seniors and disabled persons in Rhode Island with Medicare prescription drug plan coverage saved $7.2 million, or an average of $677 per person, on their prescription drugs in the first 10 months of 2013 through the Affordable Care Act’s Medicare discount program, the Centers for Medicare & Medicaid Services reported this week. more
When J.C. Penney Co.’s store in New York’s Herald Square opened at 8 p.m. yesterday, Paula Mason was the first shopper through the door. more
Providence Mayor Angel Taveras joined Greater Providence Chamber of Commerce President Laurie White and U.S. Small Business Administration Rhode Island District Director Mark S. Hayward in launching the city’s 2013 “Buy Providence-Buy Art” holiday shopping campaign at a Wednesday morning event in Wayland Square. more
Kent Hospital will join Cigna Corp.’s network of 20 participating hospitals and community health centers in Rhode Island, allowing Cigna’s customers to receive health services from Kent or its doctors at in-network rates, the two organizations announced Tuesday. more
After a Tuesday recount reaffirmed the Election Day vote rejecting the Mohegan Tribal Gaming Authority’s plans for a casino in Palmer, Mass., the developer agreed to team up with Suffolk Downs on its casino bid in Revere, Boston.com reported Wednesday. more
CVS Caremark Corp., the largest provider of prescription drugs in the U.S., agreed to buy Coram LLC from Apria Healthcare Group Inc. for about $2.1 billion to add specialty infusion services, its biggest deal in five years. more
Rhode Island single-family homes sales rose 19 percent in October compared with the same period in 2012, the Rhode Island Association of Realtors said Wednesday. more
Astro-Med Inc., maker of specialty printers and data-acquisition systems, posted net income of $1.1 million, or 14 cents per diluted share, for its fiscal third quarter, a decline of 15.2 percent compared with last year’s third-quarter net income of $1.3 million, or 18 cents per diluted share. more
Federal Reserve Chairman Ben S. Bernanke and his colleagues are suffering through their own form of cognitive dissonance: revealing new concerns about the economy’s long-term prospects even as they forecast faster growth in 2014. more
At a Tuesday morning hearing, R.I. Superior Court Judge Michael A. Silverstein approved the sale of Landmark Medical Center to Prime Healthcare Services of Ontario, Calif. more
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