Neighborhood loses $1.7 million in 2017, as proposed Medicaid cuts worry executives

NEIGHBORHOOD HEALTH PLAN of Rhode Island lost $1.7 million in 2017.
SMITHFIELD – Neighborhood Health Plan of Rhode Island posted a net loss of $1.7 million in 2017, and President and CEO Peter M. Marino said Gov. Gina M. Raimondo’s fiscal 2019 budget proposal that cuts Medicaid funding by $166 million will add to the nonprofit’s challenges. Revenue grew 21.7 percent from the prior year to…

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