Brown Health reaches $50M loan agreement with Citizens Bank

RHODE ISLAND HOSPITAL, owned by Brown University Health. / COURTESY BROWN UNIVERSITY HEALTH

PROVIDENCE – Brown University Health recently reached a $50 million loan agreement with Citizens Bank. The agreement, disclosed in a Dec. 12 filing, grants the funding to Brown Health as a revolving credit line of unsecured general obligation dollars. Brown Health, Rhode Island’s largest health care system, earlier this month reported a $41.2 million operating

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