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DiNapoli finds Medicaid billing errors of nearly $1 billion
ALBANY, N.Y. — The New York State Department of Health (DOH) made $965 million in Medicaid payments to providers, including facilities, for services ordered, prescribed, referred, and attended by practitioners who were not enrolled in the health-care program, including those who had been barred due to misconduct. That’s according to an audit that New York State […]
Berkshire Bank names Morris regional president of New York region, including CNY
ALBANY, N.Y. — Berkshire Bank, a regional community bank with branches in New England and New York, recently appointed James J. Morris IV as its
NBT Bancorp hires Sparks as general counsel
NORWICH, N.Y. — NBT Bancorp Inc. (NASDAQ: NBTB) has hired M. Randolph (Randy) Sparks as executive VP and general counsel. In this position, Sparks will
NBT names successor to retiring CNY Regional President Shirtz
SYRACUSE, N.Y. — The man who has been serving as Mohawk Valley regional president for NBT Bank is preparing for additional duties. David Kavney will succeed Richard Shirtz as the Central New York regional president following the March 31 announcement that Shirtz is transitioning toward retirement. Kavney will also maintain his role leading the Mohawk
Dannible/McKee and Associates to host succession-planning seminars
SYRACUSE, N.Y. — Dannible/McKee and Associates, Ltd. is planning three virtual seminars on “successful succession planning,” specifically designed for architecture and engineering firms, in the coming weeks. The first two seminars are set for April 20 and May 19, from 9 a.m.-5 p.m., and the third is slated for June 8 between 10:30 a.m. and
SBA makes changes to Community Advantage pilot program
The Biden-Harris Administration on March 30 announced what it called “impactful reforms” to the U.S. Small Business Administration’s (SBA) Community Advantage pilot program. The changes seek to prioritize “equitable access to capital for low-income borrowers and those from underserved communities,” the SBA said. Vice President Kamala Harris and SBA Administrator Isabella Casillas Guzman announced the reforms. Changes announced
NYSIF tops MWBE participation goal in fiscal year 2020-21
NYSIF — the New York State Insurance Fund — says it “far exceeded” its established annual MWBE participation goal of 35 percent in state fiscal year 2020-21. It also plans to continue recruiting MWBE financial firms to “further increase their participation in 2022 and beyond.” NYSIF describes itself as New York’s largest workers’-compensation carrier. It made
VIEWPOINT: Breaking Out of the Racial Wealth Gap
While it has been a challenge across the U.S. for decades, only recently has the racial wealth gap become common vernacular for both the media and politicians. Simply explained, the racial wealth gap is the shared experience of Black and Latino households earning half as much as their White counterparts and holding just 15-20 percent of the
Launch NY makes improvements to investor network program
“The advancements we’ve made with Investor Network 2.0 demonstrate continued commitment to and growth in the capabilities of our #InvestLocal community,” said Marnie LaVigne, president and CEO of Launch NY, said. “York IE recently ranked Buffalo as the 5th biggest U.S. startup city by funding and Launch NY’s #InvestLocal programs — including the Investor Network,
People news: LoCicero joins Finger Lakes Federal Credit Union
GENEVA, N.Y. — Kevin M. LoCicero has joined the loan department at Finger Lakes Federal Credit Union as its VP/lending manager. In this role, LoCicero
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