Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.

Excellus awards North Country hospitals funding for improvements
Excellus BlueCross BlueShield announced it has awarded three North Country hospitals and five in the Utica–Rome area a total of $1 million in quality improvement incentive payments in 2019. They’re among 36 upstate New York hospitals and health centers that were awarded nearly $30 million in the nonprofit health insurer’s hospital-performance incentive program. Eight hospitals […]

Excellus’ net income rose 14 percent in 2019 to $171 million
ROCHESTER, N.Y. — Excellus BlueCross BlueShield, Central New York’s largest health insurer, reported net income of nearly $171 million, on $6 billion in premium revenue,

NYBDC, affiliates rebrand as Pursuit
ALBANY, N.Y. — New York Business Development Corporation (NYBDC), along with affiliates Excelsior Growth Fund and the 504 Company, say they’ve rebranded as Pursuit. As

M&T Bank donates $100,000 to OCC’s applied learning program
ONONDAGA, N.Y. — M&T Bank (NYSE: MTB) has donated $100,000 over five years to support the applied learning program of Onondaga Community College’s (OCC) career

Excellus awards CNY hospitals $6 million for quality improvements in 2019
Excellus BlueCross BlueShield announced that it awarded six Central New York hospitals a total of $6.1 million in quality improvement incentive payments. They’re among 36

Nascentia Health eliminates 71 jobs after state Medicaid cuts
SYRACUSE, N.Y. — Nascentia Health has cut 71 jobs after state reductions in Medicaid spending that will cost the organization $400 million in revenue this

NBT subsidiary acquires Illinois firm
ROCHESTER, N.Y. — EPIC Retirement Plan Services (EPIC RPS), a subsidiary of NBT Bancorp Inc. (NBT), announced it has agreed to acquire the assets of

Tompkins Financial launches news stock buyback program
ITHACA, N.Y. — Tompkins Financial Corp. (NYSE: TMP) announced Friday that its board of directors has authorized a new stock repurchase program of up to

Those counties include Broome, Cayuga, Chemung, Chenango, Cortland, Madison, Onondaga, Oswego, Seneca, Schuyler, Steuben, Tioga, and Tompkins in Central New York. Terhaar will report to

Otsego County woman arrested after running up $2,300 in charges on victim’s debit card
RICHFIELD SPRINGS, N.Y. — New York State Police announced on Friday that they recently arrested Crystal G. Ray, age 38 of Richfield Springs, for the
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.