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CVS Health subsidiary Omnicare files for Ch. 11 bankruptcy protection

CVS Health Corp. subsidiary Omnicare has filed for Chapter 11 bankruptcy protection two months after the long-term care business was ordered to pay $949...

CVS Health hikes 2025 forecast again, boosted by insurance, pharmacy businesses

CVS Health Corp. topped Wall Street expectations for the second quarter and hiked its full-year forecast again, as the health care giant continued to...

Birthing center at Newport Hospital will remain open, Brown Health Home...

PROVIDENCE – The birthing center at Newport Hospital will indeed remain open, but Brown Health Home Medical will be closing effective Sept. 5. These are...
NEWPORT HOSPITAL'S birthing center is one of the services that Brown University Health has said it is considering discontinuing in the face of the health system's financial woes. / COURTESY NEWPORT HOSPITAL

Brown Health grapples with balancing community and its own financial needs

Brown University Health is in a tough spot. The nonprofit health system is considering cutting several crucial services and programs in order to reach its...

UnitedHealth says it is under a federal investigation and cooperating

UnitedHealth Group says it is cooperating with federal criminal and civil investigations involving its market-leading Medicare business.  The health care giant said Thursday that it...

Report: Federal judge orders CVS’ Omnicare to pay $949M for fraudulent...

PROVIDENCE – A federal judge has ordered CVS Health Corp.'s Omnicare Inc. unit to pay $949 million as part of a whistleblower lawsuit claiming...
HEALTH KICK: Attorney General Peter F. Neronha has focused much of his attention during his tenure in office on the state’s health care system. He says it remains a top priority for the final 18 months of his term. 
PBN PHOTO/MICHAEL SALERNO

POWER SURGE: AG Neronha has asserted his authority in the name...

Peter F. Neronha is in the homestretch of his second – and final – term as Rhode Island’s attorney general, and his workload is...

Health insurers promise to improve coverage reviews that prompt delays and...

The nation’s major health insurers are promising to scale back and improve a widely despised practice that leads to care delays and complications.  UnitedHealthcare, CVS...

R.I. Senior Medicare Patrol recognizes Medicare Fraud Prevention Week

CRANSTON – Fraud costs Medicare about $60 billion a year and burdens beneficiaries with stress, time constraints, and threats to their medical identity and...

Fitch upgrades Care New England’s bonds, Issuer Default Rating to ‘BB’

PROVIDENCE – Fitch Ratings recently upgraded its long-term rating on Care New England Health System’s bonds to “BB” from “BB-.” The rating applies to $101.5...
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