R.I. health care providers agree to cap spending increases at 3.2% per year

SPENDING LIMITS: Dr. John Murphy, executive vice president of physician affairs at Lifespan, said limiting spending increases to no more than 3.2% a year will be a challenge due to the rising costs for treatment, equipment and payroll./ PBN PHOTO/MICHAEL SALERNO
Nearly a decade after Rhode Island adopted price controls for health care that appear to be working, the state is doing more to contain health care costs through an initiative by Democratic Gov. Gina M. Raimondo. In 2010, under former Republican Gov. Donald L. Carcieri, Rhode Island set up affordability standards that imposed price controls…

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