The fiscal 2018 proposed state budget that Gov. Gina M. Raimondo released Jan. 19 includes the elimination of upper payment limit payments, which are federal funds used to ensure that Medicaid reimburses hospitals at an amount equal to Medicaid, as well as Medicaid payment reductions and reduced payments to inpatient mental health providers.
Citizens Financial Group Inc. on Friday reported fourth-quarter profit growing 27.7 percent to $282 million, or 55 cents per share, and 2016 profit increasing 24.4 percent to $1.04 billion, or $1.97 per share.
In late November, Laura Jaworski was appointed the second-ever executive director of the House of Hope Community Development Corp., a Warwick-based nonprofit affordable-housing developer and homeless-services provider.
The College Crusade of Rhode Island’s Cranston-based college readiness program will benefit from a $5,000 grant during the 2016-17 school year thanks to a donation made in that amount by Taco/The White Family Foundation.
Local teachers and staff at the Chariho Regional School District, Narragansett School District, South Kingstown School Department and Westerly Public Schools, as well as Stonington Public Schools in Stonington, Conn., received 12 Westerly Community Credit Union Teacher Grant awards totaling more than $5,000.
Funded by philanthropists Letitia and John Carter, the Rhode Island Foundation’s Sparks Grant program will provide nearly $190,000 in reading and innovation grants to teachers across the state, according to a Jan. 13 announcement.