Current News

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.

Miller, a veteran educator, therapist and author, hopes his new book -- Not So Abnormal Psychology: A Pragmatic view of Mental Illness, published in June by the American Psychological Association, will guide students and colleagues toward a return to therapies rooted more in people’s moral understandings, development and upbringing than in pharmacology, profits and quick fixes.

He’s been asserting his strong opinion on the matter for more than 30 years -- ever since the introduction of the antidepressant Prozac by “Big Pharma” and its powerful marketers in the early 1980s, which he says changed everything in his field.

by John McClaughry Fifteen years ago WalMart and Home Depot rolled into the Rutland-sized town of Midland, Ontario. A twenty year old man who had built the web site for his parent’s paint store decided to help locally owned businesses compete with the big-box giants.

The result was ShopMidland. It’s a professionally produced web site with photos and descriptions of local business vendors and their services. Today, the 1,500 participating (and fee-paying) businesses can modify their content online and offer gift certificates and weekly deals. Colin Pape, the originator, has now franchised the idea to other local entrepreneurs, who have created twenty five similar sites across Canada and fifteen in California.

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.

As proposed, the Home Health Value-Based Purchasing model would test whether incentives for better care can improve outcomes in the delivery of home health services. The model is part of the Department of Health and Human Service’s commitment to build a health care delivery system that’s better, smarter, and healthier – one that delivers better care, spends health care dollars more wisely, and results in healthier people and communities.

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. Department of Health and Human Services (HHS), will support statewide expansion of Vermont’s Regional Prevention Partnerships program. That program is now operating in six counties and is made possible by an earlier $3.6 million federal grant, which expires this year.

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. Commitments include new gifts, new pledges, and new bequests documented during the year.

Twelve of the new commitments were for $1 million or more, for a record-setting total of $30.3 million.

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. The settlement announced today requires Dollar Tree to sell two Family Dollar stores in Vermont and more than 300 stores across the country to a new competitor.

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.

NUCLEAR – in June both Green Mountain Power (GMP) and Vermont Electric Co-operative (VEC) petitioned the Vermont Public Service Board (PSB) to buy nuclear power from Seabrook nuclear power plant in New Hampshire. Both deals would run from 2018 – 2034. Details are preliminary at present, but VEC’s petition calls for up to 10 MW of power. GMP, for its part, hopes the contract will help cover peak load needs. This will be the second GMP contract with Seabrook; the state’s largest utility entered into a baseload power contract in 2011.

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. But last fall Shumlin and others did their best to say the sale of the plant to GlobalFoundries was good news for both employees and the state, even though IBM had to pay GlobalFoundries $1.5 billion to take the money-losing division off their hands.

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.

Officials from the socially responsible Mexican company were in Vermont July 1 to sign the agreement that will allow public schools in Mexico to comply with their government’s recent legislation requiring all public schools to provide clean drinking water, free of contaminants, as part of a process to address health issues including childhood obesity. The agreement will include the installation of up to 500,000 Seldon WaterTap filtration systems inside Bebederos’ water fountains in Mexican public schools.

Jess Wisloski vtdigger.org State officials may be facing a highway construction work stoppage this fall if federal funds that pay for most of Vermont’s transportation projects continue to dry up – which they will do if Congress fails to act by the end of the month. While most members of Congress enjoyed a break this week, state leadership is scrambling to line up the temporary funding sources that will be needed in the event that Washington doesn’t reauthorize the surface transportation bill and the funding for the Highway Trust Fund dries up.

The Vermont Veterinary Medical Association (VVMA) has awarded $58,000 in grants to three Vermont food animal veterinarians: Dr Alison Cornwall of Middlesex, Dr Megan Foy of Danville, and Dr Jennifer Hull of Enosburg Falls. These grants were made possible through funding by the Vermont Legislature to the Vermont Agency of Agriculture. The program is administered by the Vermont Agency of Agriculture and the Vermont Veterinary Medical Association.

This is the third round of awards for the Loan Repayment Program which began in fiscal year 2012. The veterinarians commit to a year of service in food animal practice in underserved areas of the state in return for the award which is used to pay off their student loans.

Vermont Business Magazine Rising Tide Vermont, which has opposed the Addison County natural gas pipeline, said Friday that it will hold a rally and symbolic blockade of oil trains carrying fracked oil down the shores of Lake Champlain. Rising Tide said the blockade will last 47 minutes, honoring the 47 people who lost their lives when a train carrying fracked oil derailed and exploded in the town of Lac Megantic, Quebec, in 2013. It said there may also be other civil disobedience actions nearby.