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DR. JAMES E. FANALE, the outgoing CEO and president of Care New England Health System, said an acquisition of the Rhode Island hospital company or a merger could come as soon as 30 days from Thursday, May 26, 2022. / PROVIDENCE BUSINESS NEWS FILE PHOTO

Fanale: Care New England merger decision may come as soon as...

PROVIDENCE – The outgoing CEO and president of Care New England Health System said a decision regarding an acquisition of the Rhode Island hospital...
BOWING OUT: Care New England Health System CEO and President Dr. James E. Fanale is planning to retire early next year. / PBN FILE PHOTO/RUPERT WHITELEY

With CEO set to leave, Care New England at crossroads

While the CEO and president of Care New England Health System is planning an exit in the wake of a failed merger, Dr. James...
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...
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

CNE receiving more interest on acquisition of R.I. hospital system

PROVIDENCE – Two weeks after Care New England Health System faced a rejection of its proposal to merge with Lifespan Corp., the Rhode Island...
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

PROVIDENCE – Reactions to the denial of a merger between Rhode Island’s major nonprofit hospital systems were mixed on Thursday, as stakeholders and critics...
STONEBRIDGE HEALTHCARE sent a letter to the board of Care New England on Monday offering $250 million to purchase the hospital group and an additional $300 million in investments over six years. / COURTESY WOMEN & INFANTS HOSPITAL

Pa.-based group makes $250M offer to buy Care New England

PROVIDENCE – A Pennsylvania-based health care company is looking to purchase Care New England Health System. StoneBridge Healthcare LLC, of New Hope, Pa., sent a letter to...
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...

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...
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...
PARTNERS HEALTHCARE is rebranding as Mass General Brigham.

Partners to rebrand as Mass General Brigham

BOSTON – Partners HealthCare is rebranding as Mass General Brigham, the organization announced Wednesday. The new name highlights the organization’s two marquee hospitals in Boston,...

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