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Seven Rhode Island physicians are among 4,000 doctors and organizations nationwide who received at least $1 million in Medicare reimbursements in 2012, according to an unprecedented and controversial set of data released this week. more
A Rhode Island film company has secured a deal with Screen Media Films and Universal Studios to produce 10 new motion pictures – including the thriller “Almost Mercy,” currently in pre-production – for on-demand video release reaching more than 100 million households, according to a release from Gov. Lincoln D. Chafee’s office. more
The Rhode Island Business Plan Competition on Wednesday announced the 12 local emerging and would-be entrepreneurs who will compete as semi-finalists in the 2014 contest. more
Rhode Island will receive $4.1 million in U.S. Housing and Urban Development grants to renew support for 36 local homeless housing and service programs in the state, HUD Secretary Shaun Donovan announced Tuesday. more
The owner of the vacant “Superman Building” at 111 Westminster St. downtown Wednesday proposed a new $39 million package of state assistance to renovate the tower. more
Construction employment in Rhode Island rose six-tenths of a percent in March compared with the same period last year, adding 100 jobs for a total of 16,300 jobs, the Associated General Contractors of America reported Friday. more
LIN Media LLC directors structured Media General Inc.’s $1.6 billion buyout of the local TV-station operator in a way that unfairly benefits private-equity firm HM Capital Partners LLC over other shareholders, a pension fund claimed in a lawsuit. more
Spending on prescription drugs rose 4 percent last year, as more patients were prescribed specialty medications and took advantage of prescription benefits from their health insurance programs in an improving economy, CVS Caremark Corp. said Thursday in its annual Insights report. more
Bank of America Corp.’s Countrywide unit and insurer Allstate Corp. settled a 2010 lawsuit over $700 million in devalued mortgage-backed securities. Terms of the accord weren’t revealed. more
CVS Caremark Corp. and the Securities and Exchange Commission have reached an agreement to settle charges first made public in August relating to pharmacy benefits contracts and the accounting treatment of its 2008 purchase of Longs Drugs. more
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