State regulators OK sale of Westerly Hospital

THE SALE OF Westerly Hospital to New London, Conn.'s Lawrence + Memorial Hospital has been approved by Rhode Island regulators, with an expected close of the deal by June 1. / COURTESY WESTERLY HOSPITAL
THE SALE OF Westerly Hospital to New London, Conn.'s Lawrence + Memorial Hospital has been approved by Rhode Island regulators, with an expected close of the deal by June 1. / COURTESY WESTERLY HOSPITAL
PROVIDENCE – The sale of Westerly Hospital for $69 million to Lawrence + Memorial Hospital of New London, Conn., was approved today by state regulators, the first such hospital sale approved under the expedited review process of the revised Hospital Conversions Act. The closing of the sale will now occur before June 1, according to…

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