General Assembly passes changes to strengthen Hospital Conversion Act

THE GENERAL ASSEMBLY passed a bill that alters the Hospital Conversions Act to extend review of hospital acquisitions. / PBN FILE PHOTO/NICOLE DOTZENROD
THE GENERAL ASSEMBLY passed a bill that alters the Hospital Conversions Act to extend review of hospital acquisitions. / PBN FILE PHOTO/NICOLE DOTZENROD
PROVIDENCE – A bill passed by the General Assembly over the weekend amends the Hospital Conversions Act to increase oversight time for hospital conversions undertaken by both nonprofit and for-profit entities. Previously, for-profits that acquired Rhode Island hospitals were subject to oversight for three years and faced fines of up to $1 million for failure…

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