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Lifespan, Care N.E. drop merger plan
PROVIDENCE – Lifespan Corp. and Care New England said Friday they have abandoned their effort to merge, two and a half years after they first announced plans to combine into one organization. The two nonprofit health systems withdrew their merger application on Thursday, citing many of the same reasons they once used to support their…
I was very disappointed to read that the two RI Health Systems have abandoned their efforts to Merge. I have lead two of the most successful Not For Profit Hospital mergers in the US during the past 10 years involving 9 Hospitals. Where there is a well thought out business plan, with Mission, Vision, and Values tied to COMMUNITY BENEFIT, a merger can occur. It seems that either the compelling community needs which could be better realized through merger, and the significant service, outcome and cost advantages were not sufficiently researched or articulated.
The Rhode Island community will suffer if its Hospitals are not positioned to provide the very best patient care possible within their means. Unfortunately, that risk is now more apparent.
Sounds like the guy from Morton Plant Mease in FL that was able to pull that together mby RI could hire a consultant.