Updated May 6 at 10:06am
Health Services
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Mergers in the health care field, unlike in many other industries, are less about creating more revenue and profits and more about cutting down on losses. Hospitals with rare exceptions are money losers. And with the growing emphasis on … more
For all the uproar over U.S. drug pricing, you wouldn’t expect to hear that drug spending slowed for many last year. A big reason? An increasingly powerful group of medication middlemen called pharmacy benefit managers (PBMs), which negotiate drug prices on behalf of insurers, employers and the government. more
Three health centers in Rhode Island will share nearly $3 million in federal funding to renovate or acquire new health center space to serve an estimated 11,250 new patients. more
A three-year, $3.6 million initiative to provide grants to 125 U.S. institutions of higher learning to help them go tobacco-free was launched Wednesday by the American Cancer Society and CVS Health Corp. more
The Rhode Island Business Plan Competition unveiled its 2016 winners Tuesday night, naming a two-man team that is developing a manufacturing process to make explosion-resistant fuel tanks the top winner. more
(Updated 2:49 p.m.) Care New England and Southcoast Health have moved to the next step in their affiliation process, thanks to votes by their respective boards. more
CVS Health Corp. posted a 6.1 percent decline in profit, but an 18.9 percent increase in revenue in the first quarter. more
Rhode Island College announced the opening of a cross-disciplinary Institute for Education in Healthcare to focus on workforce development opportunities for Rhode Island health care workers Monday afternoon. more
Kent Radiation Therapy has been awarded a three-year term of accreditation in radiation oncology, after a recent review by the American College of Radiology. Kent Radiation Therapy, a 21st Century Oncology affiliate and a joint venture between Care New England and CharterCARE Health Partners, is Kent County’s only ACR-accredited radiation oncology facility. more
The National Institute of Mental Health has awarded The Miriam Hospital a five-year grant totaling $743,869 to study media influences on risk behaviors among young men who have sex with men and to develop an online health media literacy intervention to help reduce HIV and sexually transmitted diseases among this population. more
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