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Retirement community buys CNE land next to Butler Hospital for $15.7M

PROVIDENCE – Care New England Health System has sold land next to Butler Hospital to a retirement community for $15.7 million. Mary Marran, president and...

CNE awarded 3 Lamplighter Awards for marketing, public relations, social media

PROVIDENCE – Care New England Health System recently announced its marketing department was awarded three Lamplighter Awards for Excellence in several categories at the...
MONEY MATTERS: Brown University Health is using a portion of the funds raised in a $300 million bond issue last year to finance a Miriam Hospital renovation project that will include a new emergency department. The rendering shows what the completed $125 million project will look like. 
COURTESY THE MIRIAM HOSPITAL

Health care bond use grows nationally, but uncertainty looms for R.I....

As health systems’ balance sheets and labor forces are stabilizing, the health care bond market has rebounded. But uncertainty still reigns for Rhode Island...

Neronha’s proposed rule takes aim at private equity in health care

Attorney General Peter F. Neronha is looking to expand his office’s oversight of health care transactions with the aim of limiting private equity acquisitions...

Butler Hospital posts job listings to permanently replace striking employees

PROVIDENCE – Butler Hospital has started posting job postings to permanently replace unionized employees in response to the ongoing strike that is now entering...

PBN announces 2025 40 Under Forty honorees

PROVIDENCE – Forty young professionals were selected as the winners of Providence Business News’ 21st annual 40 Under Forty Awards program. The honorees were chosen...

CNE reports $1.2M operating gain in Q2

PROVIDENCE – Care New England Health System posted a $1.2 million operating gain in the second quarter of fiscal year 2025 ending March 31,...

Champlin Foundation awards $8M to 89 local nonprofits

CRANSTON – The Champlin Foundation has awarded 89 local nonprofits a total of $8 million in grants to advance various capital needs and improvements...

Striking Butler employees warned their health benefits will expire by end...

PROVIDENCE – Hundreds of employees at Butler Hospital are expected to lose their health insurance benefits at the end of this month amid an...

Fitch upgrades Care New England’s bonds, Issuer Default Rating to ‘BB’

PROVIDENCE – Fitch Ratings recently upgraded its long-term rating on Care New England Health System’s bonds to “BB” from “BB-.” The rating applies to $101.5...
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