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State cuts back on electric car, e-bike rebate program

PROVIDENCE – Citing efforts to expand the program's longevity, the R.I. Office of Energy Resources recently implemented cuts to rebates on electric cars and...

Bill to protect seniors from Medicare discrimination enacted

PROVIDENCE – Legislation to protect seniors on Medicare from being denied supplemental coverage or from being charged higher rates for preexisting conditions has become...

CVS beats Q1 expectations, cuts outlook after buying spree 

CVS Health Corp. turned in a better-than-expected first quarter as revenue grew from all parts of its business. But the health care giant chopped...

CVS completes $10.6B acquisition of Oak Street Health

PROVIDENCE – CVS Health Corp. announced Tuesday it has completed its $10.6 billion acquisition of care company Oak Street Health.    CVS on Feb. 8 said it...

R.I. eye surgeon settles illegal kickback allegations for $1.1M

PROVIDENCE – The former owner of a chain of Rhode Island ophthalmology practices accused of running a kickback scheme has agreed to pay a...

Nurse sentenced 7 years in health care fraud scheme

PROVIDENCE – A registered nurse and nurse practitioner who admitted to fraudulently billing commercial health insurers and Medicare for nearly $12 million for services...
OFFICIALS WHO OVERSEE the R.I. Department of Children, Youth and Families say severe labor shortages have resulted in children waiting a long time for some services. / PBN FILE PHOTO/CASSIUS SHUMAN

R.I. still among worst states for retirees

PROVIDENCE – Rhode Island is ranked among the worst states in the nation to retire in two new rankings, though things may be improving...

New bill introduced to protect seniors on Medicare

PROVIDENCE – A new bill introduced by a state lawmaker would protect seniors on Medicare, preventing them from being denied supplemental coverage or from...

Recovery Connections Centers CEO, employee arrested on federal health care fraud...

PROVIDENCE – Two top officials of a local addiction treatment organization have been taken into custody Thursday on charges of carrying out what federal...
CVS HEALTH Corp. is close to an agreement to purchase primary care company Oak Street Health for around $10.5 billion including debt, the Wall Street Journal reported. Pictured is the Woonsocket location of Oak Street Health, which opened in 2020. / COURTESY OAK STREET HEALTH

Report: CVS to purchase Oak Street Health for $10.5B

PROVIDENCE – CVS Health Corp. is close to an agreement to purchase primary care company Oak Street Health for around $10.5 billion including debt,...
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