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Study: Vermont ranks 39th in fiscal condition

Tue, 07/07/2015 - 9:43am -- tim

Vermont Business Magazine Vermont ranks 39th overall in a study that looked at each state's financial outlook. Of the five categories studied, Vermont was at its worst in cost of state services relative to personal income and in budget levels relative to revenues (the state does not run deficits but for many years has had to scramble to make up for shortfalls). Vermont was its best in "Long Run" and "Trust Fund" solvency.

UVM study suggests link between eye color and alcohol dependence

Tue, 07/07/2015 - 6:15am -- tim

by Carolyn Shapiro UVM People with blue eyes might have a greater chance of becoming alcoholics, according to a unique new study by genetic researchers at the University of Vermont. The work, led by Arvis Sulovari, a doctoral student in cellular, molecular and biomedical sciences, and Assistant Professor of Microbiology and Molecular Genetics Dawei Li, PhD, is the first to make a direct connection between a person’s eye color and alcohol dependence.

Vermont Health Connect announces 2015-2016 Navigator organizations

Tue, 07/07/2015 - 5:10am -- tim

Vermont Business Magazine The Department of Vermont Health Access (DVHA) has awarded contracts to five grantees representing 15 Vermont Health Connect Navigator organizations. Together, these organizations will ensure that Vermonters in every corner of the state have access to free in-person assistance if they need help understanding health insurance or signing up for a plan.

Saint Michael’s professor-therapist’s new book challenges reigning orthodoxies

Tue, 07/07/2015 - 4:59am -- tim

Vermont Business Magazine Modern society suffers from a troubling over-reliance on pharmaceuticals in the treatment of depression, anxiety, schizophrenia and other common psychological or psychiatric conditions, says Saint Michael’s College Psychology Professor Ronald Miller, who’d like to change that.

CMS announces new initiative to promote value-based home health care

Tue, 07/07/2015 - 3:41am -- tim

The Centers for Medicare & Medicaid Services (CMS) today announced a proposal to launch a new model designed to support greater quality of care among Medicare beneficiaries. The model is included in the CY 2016 Home Health Prospective Payment System proposed rule, which updates payments and requirements for home health agencies under the Medicare program.

Vermont to get $12.4 million federal grant for statewide expansion of substance abuse prevention partnerships

Mon, 07/06/2015 - 5:19pm -- tim

Vermont Business Magazine Senator Patrick Leahy (D-Vermont) joined Governor Peter Shumlin (D) at the State House Monday to announce a $12.4 million federal grant intended to reduce prescription drug abuse, marijuana use and underage drinking among youths and young adults throughout Vermont. The five-year substance abuse prevention grant, funded by the U.S.

UVM fundraising surpasses $60 million for first time

Mon, 07/06/2015 - 4:44pm -- tim

Vermont business Magazine The University of Vermont Foundation set new records in its fundraising activities on behalf of the university during the fiscal year ended June 30, 2015, surpassing last year’s historic milestones for both commitments and receipts from donors. New fundraising commitments broke the $60 million mark for the first time in UVM history. Total commitments to UVM reached $60,576,278 as of June 30, 2015, compared with $55,248,575 in the same period a year ago, an increase of 9.6 percent over last year’s record mark.

Vermont Attorney General settlement allows Dollar Tree to buy Family Dollar

Mon, 07/06/2015 - 10:16am -- tim

Vermont Business Magazine Two large, national, deep-discount chains, with 24 combined stores in Vermont, will merge after selling some stores to maintain competition, according to a settlement between Dollar Tree and Family Dollar with the Federal Trade Commission, Vermont Attorney General Bill Sorrell, and 16 other States. Dollar Tree and Family Dollar operate stores throughout Vermont. Dollar Tree typically prices its merchandise at $1, while Family Dollar stores offer additional merchandise for higher prices.

Vermont utilities seek more power from Seabrook, 80 acres of solar planned for Rutland Town

Sun, 07/05/2015 - 9:56am -- tim

by Guy Page, Communications Director, Vermont Energy Partnership Just because it’s summer doesn’t mean Vermont has taken a holiday from energy deals and projects. Far from it! In June alone, the wheels were turning to bring more hydro, nuclear (you read correctly), natural gas, and solar power to – or in the case of hydro, at least through - Vermont.

Commentary: Beyond IBM

Sun, 07/05/2015 - 8:34am -- tim

by Timothy McQuiston Vermont Business Magazine In a conference room at the Greater Burlington Industrial Corporation last October, a grim-faced group of Vermont’s political and business leaders were trying to put the best possible spin on the sale of IBM’s semiconductor division. Governor Shumlin told me later that IBM has kept governors awake at night since the second Snelling administration in the early 1990s.

Vermont's Seldon Technologies helps bring clean drinking water to millions of Mexican children

Sun, 07/05/2015 - 7:25am -- tim

Seldon Technologies, a leading developer of water purification systems based in Windsor, Vermont, is partnering with Mexican based water fountain manufacturer, Bebederos Ecologicos/Ottone Meloda to provide clean drinking water to millions of children throughout Mexico. Vermont Senator Patrick Leahy, who is ranked among the top environmental legislators by the nation’s foremost conservation organizations, will speak at the signing ceremony.