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Mortgage Blog

The Maryland cannabis industry will celebrate its second 4/20 on Saturday — or as it's described by some in the industry, “cannabis black Friday.” And dispensaries throughout Greater Baltimore are preparing for what they expect will be one of their best sales days of the year.

April 20, or “4/20,” represents a kind of holiday for marijuana businesses nationwide. The date itself serves as a term commonly used in connection with cannabis use, though its origin is subject to a lot of rumor and speculation.…

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Analysts with New York-based investment research firm CFRA have lowered their opinion of Cerner Corp.'s stock because they believe the recent cooperation agreement with Starboard Value LP “is a sign of weakness.”

“We lower our opinion on shares of CERN to Strong Sell from Sell,” Kevin Huang, equity analyst at CFRA, wrote in a research note on Wednesday, adding, “shares of CERN, trading at 23.9x our forward earnings estimate, are above fair value.”

Huang said the reduced view is in response to the…

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Blue Cross Blue Shield of Alabama affiliate My Care Alabama has been awarded contracts from the Alabama Medicaid Agency to serve Medicaid-eligible patients in the northwest, central and eastern regions of Alabama.

The contracts cover 325,000 patients and goes into effect on Oct. 1.

“This is an exceptional opportunity to partner with the Medicaid Agency, and we are honored to have been selected to serve Alabama’s Medicaid population,” said Tim Vines, president and CEO of Blue Cross and Blue…

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HealthAxis Group, a Tampa-based health technology service, has acquired a Jacksonville firm that develops and implements data warehouse and business intelligence solutions.

Terms of the acquisition of Analytics Partners were not disclosed.

The merger of the companies business operations adds “robust and proven analytics to complement the HealthAxis Group's current and powerful core platform and services,” according to a statement from HealthAxis.

HealthAxis Group acquired Analytics Partners’…

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A county planning board moved forward a zoning proposal key to Saratoga Hospital's potential multimillion-dollar expansion next to its main campus.

The Saratoga County Planning Board on Thursday recommended approval of an updated Saratoga Springs zoning map that would allow medical offices to be built on land adjacent to the hospital. The new zoning still needs to be reviewed by the city's planning board and then approved by the Saratoga Springs City Council.

City leaders have been working on updating…

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Roswell Park Comprehensive Cancer Center and Oneida Healthcare received a $1 million anonymous gift in support of a cancer infusion center in Central New York.

The gift brings the two organizations to $10 million raised toward a $12 million capital campaign goal for the project, which includes an infusion clinic opened in 2017 at the Madison County hospital as well as a 6,000-square-foot radiation oncology center, slated to open in June. The third phase will be an expansion of Oneida Healthcare's…

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While pharmaceutical giant GlaxoSmithKline is laying off employees in an ongoing restructuring of its research and development – the Triangle's 2,600 employees appear to be outside the focus of that effort.

GSK has laid off employees at its two major R&D hubs – Collegeville, Pa., and Stevenage in the U.K.

The move comes months after its new R&D head Hal Barron announced a new strategy for his unit, prioritizing innovation and moving towards delivering a pipeline of medicines with a focus…

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This firm attributes much of its success to its effort to make sure everyone in its workforce feels empowered, rewarded and happy.

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Scott Roskovski, a former detective for the Butler County District Attorney's office, and his wife Stephanie Roskovski, a former COO of Butler Health System, are facing dozens of charges for alleged fraud and embezzlement, according to WPXI.

The indictment lists 37 charges against the two, including embezzlement from a health care benefit program beginning in 2014.

To read more on this story, visit WPXI.

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USAA's profit declined from $2.4 billion in 2017 to less than $2.3 billion in 2018, despite generating more revenue last year.

All of the San Antonio-based financial services giant's businesses generated $31.3 billion in total revenue during 2018, which is up from $30 billion a year before, according to the organization’s annual membership report. Of that figure, about $22 billion are from net insurance premiums.

USAA’s syndicate of companies lost about $479 million from its investments over…

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