Federal Trade Commission - Page 4 of 5 - Providence Business News

WOMEN & INFANTS HOSPITAL is in danger of getting scooped up by an out-of-state, for-profit corporation as a result of the merger between its current owner, Care New England Health Systems, and Lifespan Corp. being denied by the Federal Trade Commission and Rhode Island's attorney general, according to Lynn Blais, president of the United Nurses and Allied Professionals. / COURTESY CARE NEW ENGLAND HEALTH SYSTEMS

Mixed reactions: Anger, relief over Lifespan-CNE merger denial

Economic Activity 02/17/2022

PROVIDENCE – Reactions to the denial of a merger between Rhode Island’s major nonprofit hospital systems were mixed on Thursday, as stakeholders and critics...

AT A SECOND public comment meeting on the proposed Lifespan Corp. and Care New England Health System merger, many participants voiced concerns that the integrated health system, which would include Brown University, would monopolize the state's health care.

Monopoly concerns dominate second Lifespan-CNE public comment meeting

Health Services 01/26/2022

PROVIDENCE – Throughout a two-hour meeting held on Wednesday on the proposed Lifespan Corp. and Care New England Health System merger, many attendees raised...

Lifespan-CNE merger draws concerns, support at first public comment meeting

Health Services 01/20/2022

PROVIDENCE – Providers, health care executives, union representatives and members of the public weighed in on the proposed merger between Lifespan Corp. and Care...

Study finds Lifespan-CNE merger would boost R.I. academic medicine industry

Education 01/11/2022

PROVIDENCE – An independent study commissioned by Brown University found that Rhode Island trails most of its neighboring states in the academic medicine industry. According...

FRAUD-PREVENTION COMPANY SEON ranked Rhode Island as a "fraud hot spot" for overall fraud rates and business fraud. / COURTESY SEON

R.I. ranked ‘fraud hot spot’ for overall reports, business fraud

Economic Activity 12/28/2021

PROVIDENCE – Fraud-prevention company SEON has noted Rhode Island as a “business fraud hot spot.” SEON, a fraud monitoring and prevention company with offices in...

TAKING NO CHANCES: In November 2020, Elizabeth “Libby” Sarro, right, administrator at Bethany Home of Rhode Island, helps office manager Linda Wilson, center, and David Bragga, director of therapy, don protective equipment at the entrance of the Providence nursing home. / PBN FILE PHOTO/MICHAEL SALERNO

A time of upheaval and recovery

Health Services 11/26/2021

HEALTH CARE The health care system in Rhode Island, transformed by expanded health care insurance access, is preparing for further change as 2021 draws to...

LIFESPAN AND CARE NEW ENGLAND on Oct. 1 submitted a revised Hospital Conversion Act application related to their proposed merger agreement, in response to questions from the R.I. Department of Health and the R.I. Office of the Attorney General.

How confident are you that the latest proposed merger between Lifespan...

Government 10/08/2021

Lifespan Corp. and Care New England Health System earlier this year signed an agreement to merge into an integrated academic health system with Brown...

R.I. GENERAL TREASURER Seth Magaziner announced that the Employees’ Retirement System of Rhode Island has filed a lawsuit in Delaware against Facebook Co-Founder and CEO Mark Zuckerberg and other top Facebook executives over the 2016 Cambridge Analytical data breach. / COURTESY R.I. OFFICE OF THE GENERAL TREASURER

Employees’ Retirement System of R.I. suing Facebook over Cambridge Analytica scandal

Government 07/30/2021

PROVIDENCE – R.I. General Treasurer Seth Magaziner announced Friday that the Employees’ Retirement System of Rhode Island has filed a lawsuit in Delaware against...

UNDER PRESSURE: Dr. Raymond Powrie, Care New England’s chief of medicine, acknowledges that financially “hard decisions have been made” during the pandemic. / PBN PHOTO/PAMELA BHATIA

Lifespan, CNE move toward merger, leaving many to wonder about side...

Coronavirus 09/18/2020

For decades, Rhode Island’s two largest hospital systems have been rivals, each enduring similar financial pressures on their own in a small but competitive...