Care New England reports quarterly $26.5M net loss

Claudia Chiappa

09/19/2022

Kent hospital — CARE NEW ENGLAND HEALTH SYSTEM reported a $3.5 million operating income in the third quarter of 2022, but it was offset by $30 million in non-operating losses, according to a CNE financial statements. Kent County Memorial Hospital is owned by CNE. / COURTESY KENT COUNTY MEMORIAL HOSPITAL

PROVIDENCE – Care New England Health System reported a $26.5 million net loss in the third quarter ending on June 30, as the hospital system continues to fight the effects of the COVID-19 pandemic. The net loss included an operating income of $3.5 million that was offset by non-operating losses of $30 million. The $3.5…

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