Health Services
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IlluminOss lands $28M in Series C financing round
East Providence-based medical device firm IlluminOss Medical Inc. - founded by Robert A. Rabiner in 2007 - has raised $28 million in a Series C financing round that included the Slater Technology Fund. more
Doubts surface on Steward, Landmark deal
In a Superior Court filing on Tuesday asking for more leeway in paying Rhode Island more than $5 million owed in state hospital licensing fees, Special Master Jonathan N. Savage said that he no longer expects for-profit Steward Health Care to move ahead with its deal to buy Landmark Medical Center. more
Maternova selected as Global Hot 100 enterprise
Maternova Inc. was selected as one of the Global Hot 100 to represent the best in innovation at the World Summit on Innovation and Entrepreneurship. more
Hittner to retire as part of Lifespan reorganization
As a result of reorganization of the senior management structure at Lifespan, Dr. Kathleen Hittner, senior vice president of community health and perioperative services and former president and CEO of The Miriam Hospital, will retire effective Oct. 17. more
Covidien’s Mallinckrodt to acquire CNS Therapeutics
Medical device maker Covidien LLC’s pharmaceutical arm, Mallinckrodt, has entered into a definitive agreement to acquire St. Paul, Minn.-based CNS Therapeutics Inc. more
| 9/24/12
CVS, R.I. Free Clinic announce new partnership
CVS Caremark has become the pharmacy for the Rhode Island Free Clinic, dispensing free medicine to more than 2,000 clinic patients at three pharmacy locations – in Cranston, Central Falls and Providence, CVS announced Friday. more
Bradley Hospital named ‘top performer’
Psychiatric care facility Bradley Hospital earned the “Top Performer on Key Quality Measures for 2011” distinction by The Joint Commission, a leading accreditor of health organizations in the United States. more
| 9/20/12
Koller cuts requested rate increases for commercial health insurers
R.I. Health Insurance Commissioner Christopher F. Koller announced today his decision to “significantly lower “ the average requested 2013 health insurance premiums for Rhode Island’s three commercial insurers – Blue Cross & Blue Shield of Rhode Island, UnitedHealthcare of New England and Tufts Health Plan. more
CVS names Moriarty executive VP, general counsel
CVS Caremark has appointed Thomas M. Moriarty as its executive vice president and general counsel, the company announced Monday. more
| 9/17/12
Judge OKs MOU between Landmark, Blue Cross
Superior Court Judge Michael A. Silverstein today approved the memorandum of understanding between Blue Cross & Blue Shield of Rhode Island and Landmark Medical Center, renewing the the previous contract until Dec. 31 and enabling Landmark to once again be part of Blue Cross’s provider network more
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