Bill to place moratorium on for-profit hospital ownership transactions clears R.I. Senate

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THE R.I. SENATE on Thursday approved legislation introduced by Senate President Dominick J. Ruggerio that would amend the Hospital Conversion Act to impose a one-year moratorium on hospital ownership transactions involving for-profit corporations. / PBN FILE PHOTO/MICHAEL SALERNO
PROVIDENCE – The R.I. Senate Thursday approved legislation that would amend the Hospital Conversion Act to impose a one-year moratorium on hospital ownership transactions involving for-profit corporations.  The bill, introduced by Senate President Dominick J. Ruggerio on March 10, would provide lawmakers and regulators time to conduct a comprehensive review of for-profit hospital ownership, as…

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