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Vermont wins award for improved use of e-prescribing

Mon, 06/22/2009 - 9:18am -- tim

At an event at the National Press Club, Surescripts announced today that Vermont was the most improved state in the nation and Massachusetts ranks first overall when it comes to routing prescriptions electronically. According to the results of an annual nationwide audit of electronic prescriptions routed in 2008, it was determined that prescribers in the Bay State sent more than 6.7 million prescriptions electronically, representing 20.5 percent of all eligible prescriptions in the state as compared to 2.3 percent in 2005.

TBW Mortgage ordered to modify mortgages, pay $9 million in fines

Mon, 06/22/2009 - 6:28am -- tim

The Vermont Banking, Insurance, Securities and Health Care Administration has announced a major agreement with Taylor, Bean & Whitaker Mortgage Corporation (TBW) regarding its mortgage lending practices for so-called nontraditional loans made in 2006.  This agreement will result in a detailed review of TBW s nontraditional loan exceptions, the adoption of the federal loan modification program to assist struggling homeowners, and the payment of $9 million to assist the states in their oversight of mortgage origination practices.

Bill Orleans elected chairperson of travel conference

Mon, 06/22/2009 - 6:21am -- tim

Bill Orleans, who has been promoting Vermont s tourist and travel industry for 28 years one brochure at a time has been elected Chairperson of the Vermont Travel Industry Conference.
Orleans, owner of PP&D Brochure Distribution, has attended the Conference annually since 1986, been an exhibiting sponsor since 1996, and sat on the planning committee for the last five years.

Historic CVPS hydro facility in St Johnsbury gets makeover

Mon, 06/22/2009 - 3:17am -- tim

An historic hydro-electric facility that has produced renewable energy for 81 years is getting a substantial overall starting today. Central Vermont Public Service is beginning extensive improvements to the company s Arnold Falls hydroelectric project, located on Mill Street along the Passumpsic River in Saint Johnsbury. The existing structures, similar to those originally constructed during the 19th Century for nearby mills, consist of two rock-filled, timber-crib dams with concrete abutments.

Governor Douglas in DC for health care reform talks

Mon, 06/22/2009 - 1:45am -- tim

Today, Governor Jim Douglas will be traveling to Washington, DC, for events and meetings related to health care reform. At a press conference at the National Press Club, Governor Douglas and Governor Phil Bredesen (D-TN), co-chairs of the National Governors Association (NGA) State Alliance for eHealth, will present the 4th Annual SafeRx Awards. Surescripts created the Safe-Rx Awards to raise awareness of e-prescribing as a means of enhancing patient safety by providing a more secure, accurate and informed prescribing process.

Representative Welch co-sponsors “pay-as-you-go” bill

Fri, 06/19/2009 - 7:57am -- intern

Earlier this week at a Capitol Hill press conference, Vermont Representative Peter Welch introduced the Statutory Pay-As-You-Go Act of 2009, a bill designed to curb deficit spending. Welch, along with other lead sponsors Majority Leader Steny Hoyet (D-MD), Budget Committee Chairman John Spratt (D-SC) and Representative Baron Hill (D-IN), said that the bill would reform the budgeting process and impose fiscal discipline.

Vermont earns nearly $700,000 in carbon allowance auction

Fri, 06/19/2009 - 7:22am -- intern

Governor Jim Douglas announced today that the state will receive $684,544 from an auction of carbon allowances held this week by the Regional Greenhouse Gas Initiative. Vermont is partnered with nine other states in the RGGI, an organization that holds quarterly carbon allowance auctions with the goal of investing the proceeds into renewable energy, energy efficiency, and energy cost reduction programs. Carbon allowances represent the limited authorization for a power plant to emit one ton of CO2, as issued by a participating state and purchased through the RGGI's cap and trade program.

Vermont unemployment rate at 7.3 percent, job growth flat

Fri, 06/19/2009 - 6:35am -- tim

The Vermont Department of Labor announced today that the seasonally adjusted unemployment rate for May 2009 was 7.3 percent, unchanged from the revised April rate and up 2.8 points from a year ago. While the job market remained stable and the unemployment rate was unchanged, monthly job growth remained sluggish. Unemployment rates for Vermont s 17 labor market areas ranged from 4.0 percent in Hartford to 10.4 percent in Rutland. Local labor market area unemployment rates are not seasonally adjusted.

Winter Panel files for bankruptcy, will stay in business

Fri, 06/19/2009 - 5:50am -- tim

A maker of prefabricated homes in Brattleboro, Vermont, has filed for Chapter 7 bankruptcy protection, but will be sold and remain in business. Winter Manufacturing Inc, doing business as Winter Panel Corp, filed for bankruptcy June 10. According to Jeffrey Lewis, executive director of the Brattleboro Development Credit Corp, the company was forced into the action by disgruntled customers. He said the company faced lawsuits by customers dissatisfied with the product.

Rock River field walk highlights farmers' efforts to curb phosphorus runoff

Thu, 06/18/2009 - 9:20am -- tim

Governor Jim Douglas today joined Franklin County farmers and watershed groups at their Rock River Field Walk as part of Vermont s fourth annual Clean Water Day.
Clean Water Day is held annually in June to celebrate the work of Vermonters to improve water quality around the state and to renew the state s commitment to the goal of clean water for all Vermonters.

Summit on the Future of Vermont issues final report

Thu, 06/18/2009 - 9:13am -- tim

The Summit on the Future of Vermont Final Report is now available. The 2009 Vermont Council on Rural Development (VCRD) Summit on the Future of Vermont marked a watershed point. It turned the findings from the two-year Council on the Future of Vermont project into a challenge to Vermonters, and especially the leaders who gathered together for the day, to consider specific ways to work together to advance a positive vision for the future of the state.