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Brown University Health posts $44.7M operating income in 2024

PROVIDENCE – Brown University Health, formerly known as Lifespan Corp., closed out an eventful fiscal year with a $44.7 million operating income, according to...

Mayor, Brown University Health sign $1.5M PILOT agreement

PROVIDENCE – Mayor Brett P. Smiley and Brown University Health CEO and President John Fernandez on Friday signed a $1.5 million, three-year payment-in-lieu-of-taxes agreement between...
MAKING HIS POINT: John Fernandez, far left, CEO and president of Brown University Health, speaks during Providence Business News’ Fall Health Care Summit on Oct. 24. Also participating in one of the panel discussions are, from left, Sen. Pamela J. Lauria, who is also a nurse practitioner; R.I Health Insurance Commissioner Cory King; Dr. Raj Hazarika, chief medical officer for commercial products at Harvard Pilgrim Health Care, a Point32Health company; and Dr. Michael Wagner, CEO and president of Care New England Health System. Moderating is PBN Editor Michael Mello, standing. 
PBN PHOTO/MIKE SKORSKI

PBN summit panel: Weaknesses exposed in R.I.’s primary care system

Sen. Pamela J. Lauria, D-Barrington, says she could easily make the drive from her home in Barrington to Massachusetts and make much more money...
DR. MICHAEL WAGNER, sitting at far right, CEO and preident of Care New England Health System, speaks during a panel discussion at Providence Business News' Fall Health Care Summit on Thursday. Also on the panel is, from left, John Fernandez, CEO and president of Brown University Health; Sen. Pamela Lauria, who is also a nurse practitioner; R.I Health Insurance Commissioner Cory King; and Dr. Raj Hazarika, chief medical officer for commercial products at Harvard Pilgrim Health Care, a Point32 health company. Moderating is PBN Editor Michael Mello, standing. / PBN PHOTO/MIKE SKORSKI

PBN Health Care Summit: R.I.’s fragile system is now in ‘crisis’

WARWICK – Six months ago, Dr. Michael Wagner said Rhode Island’s health care was fragile. Now he says it’s in a state of crisis. Among...

Lifespan finalizes $175M purchase of 2 Mass. hospitals

PROVIDENCE – Lifespan Corp. has officially purchased two hospitals in Massachusetts from Steward Health Care. The state’s largest health system announced Tuesday it finalized the...

Lifespan and city reach $1.5M PILOT agreement

PROVIDENCE – After almost a year of discussions, Lifespan Corp. and the city have come to a tentative $1.5 million payment-in-lieu-of-taxes agreement. The agreement would...
THE REVEAL: John R. Fernandez, CEO and president of Lifespan Corp., uncovers the new branding for the health system – Brown University Health – in June. 
COURTESY LIFESPAN CORP./BILL MURPHY

Pact between Lifespan, Brown may change R.I. health care landscape

(Editor’s note: This is the second in a two-part series exploring issues surrounding the training of physicians in Rhode Island and its effect on...

Lifespan restructuring several positions as part of executive layoffs

PROVIDENCE – Lifespan Corp. has combined and created several new roles as part of its plans to cut 20% of its executive staff. The state’s...

Lifespan lays off 20% of executives

PROVIDENCE – Lifespan Corp., the state’s largest employer and health system, is laying off 20% of its executive staff. CEO John Fernandez has not said...

Lifespan agrees to buy Morton and St. Anne’s hospitals for $175M

PROVIDENCE – Lifespan Corp. is the winning bidder to purchase two cash-strapped hospitals in Massachusetts from Steward Health Care. Steward has accepted Lifespan's offer to...
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