Tag: CNE
Care New England says it had a $35.4M loss in first...
PROVIDENCE – Care New England Health System says it lost $35.4 million in operations in the first six months of its fiscal year, which...
Care New England updates branding with new logo
PROVIDENCE – Care New England Health System facilities such as Women & Infants Hospital, Butler Hospital and Kent County Memorial Hospital are familiar names to many Rhode Islanders.
With...
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...
Care New England posts $15.2M operating income in 2024
PROVIDENCE – Care New England Health System closed out fiscal 2024 with $15.2 million in operating income, according to unaudited financial statements released Nov....
CNE protects jobs but for how long?
Care New England Health System’s leaders say they’ve finally found a set of financial projections they think can help keep the state’s second-biggest hospital...
Commitment fuels success
Dr. James E. Fanale | Care New England CEO and president
Health care is very challenging in the Northeast, even more so here in Rhode...
CNE plots solo course (for now)
Care New England Health System’s proposed acquisition by Massachusetts health care giant Partners HealthCare ended abruptly in June when Partners pulled its application, after...
CNE posts $7.4M fiscal Q3 profit
PROVIDENCE – Care New England Health System announced fiscal third-quarter operating income of $7.4 million, a gain of $6.5 million from the same 2018...
A more muscular Raimondo is a good thing for Rhode Island
Gov. Gina M. Raimondo has stepped in and told Rhode Island’s two health care systems – Lifespan Corp. and Care New England Health System...
Health care merger is complex, but effects should be made clear
Before they’re allowed to merge, however, we hope that public officials do exactly what they’ve promised: Evaluate this deal thoroughly and make sure Rhode...
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