Tuesday, October 15, 2024

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Care New England reports quarterly $26.5M net loss

PROVIDENCE – Care New England Health System reported a $26.5 million net loss in the third quarter ending on June 30, as the hospital...
DR. TIMOTHY J. BABINEAU, former CEO and president of Lifespan Corp., officially resigned on May 31 but will stay on as a consultant until September. Babineau is one of numerous people who have said they'll be leaving high-profile positions in Rhode Island over the next year. / PBN FILE PHOTO/MIKE SKORSKI

Can R.I. weather the exit of so many leaders?

A wave of recent retirement and resignation announcements from top executives leaves the state facing a potential leadership gap in some of its most...
TRAINING DAYS: Brown University medical students Anthony Formicola, left, and Thi My Linh Tran talk while on duty on the labor and delivery floor at Care New England Health System’s Women & Infants Hospital in Providence.  / COURTESY CARE NEW ENGLAND HEALTH SYSTEM/RYAN PICKERING

Brown’s prescription: Will latest failed merger end the university’s bid for...

The dream, as Brown University leaders described it, included Providence’s Jewelry District filled with biotech companies spun off from discoveries made by an “integrated...
PUTTING CO-CEOS IN CHARGE of a proposed hospital merger between Lifespan Corp. and Care New England Health Systems could lead to conflict and the arrangement should be short-term, according to health care administration experts and local stakeholders. Care New England has been led by president and CEO James E. Fanale since 2018, while Lifespan has been headed by its president and CEO Tim Babineau since 2012. / PBN FILE PHOTOS DAVE HANSEN MICHAEL SALERNO

Co-CEO arrangement could spell trouble for Rhode Island hospital merger

PROVIDENCE – Two heads are better than one, the old saying goes.  But that’s not the case when it comes to putting co-CEOs in charge...
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.

Lifespan, CNE submit revised application for merger

PROVIDENCE – The proposed merger between Rhode Island’s largest hospital companies is moving to the next stage of the review process, after Lifespan Corp....
AFTER A 90-day exploratory period this summer, the leaders of Lifespan and Care New England have announced that they will move to the next step in their affiliation process. Above, on left, Lifespan CEO Timothy J. Babineau and Dr. James E. Fanale, president and CEO of Care New England. / PBN FILE PHOTOS/ DAVE HANSEN/MICHAEL SALERNO

Lifespan, CNE move forward with letter of intent to merge

PROVIDENCE – After a 90-day exploratory period this summer, the leaders of Lifespan Corp. and Care New England Health System have announced that they...

Lifespan, CNE will try again

Can anything positive come out of a pandemic? Leaders of Lifespan Corp. and Care New England Health System are willing to find out. For more...

UnitedHealthcare and Integra Community Care Network Expand Value-Based Care in Rhode...

Providence Business News Executive Roundtable FEATURED PANELISTS:   STEPHEN FARRELL UnitedHealthcare New England Health Plan CEO   ANA STANKOVIC, M.D. Chief Medical Officer, UnitedHealthcare of New England   JAMES E. FANALE, M.D. President and...
Dr. James E. Fanale has served as CEO and president of Care New England since Jan. 1, 2018, when he replaced the retiring Dennis D. Keefe. He’s since focused on rebuilding CNE’s finances, establishing an aggressive strategy for stabilization and growth while leading a team of more than 7,000 staff and clinicians.  / PBN PHOTO/MICHAEL SALERNO

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...
MATT QUIN has been named president and chief operating officer of Women & Infants Hospital. / COURTESY CARE NEW ENGLAND

Quin named president and COO of Women & Infants

PROVIDENCE – Matt Quin has been named president and chief operating officer of Women & Infants Hospital, Care New England announced Wednesday. Quin succeeds Rick...
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