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CARE NEW ENGLAND terminated negotiations with Prime Healthcare Foundation to sell Memorial Hospital of Rhode Island Monday night. The hospital will also discontinue its inpatient and emergency services. / COURTESY MEMORIAL HOSPITAL OF RHODE ISLAND

CNE ends negotiations to sell Memorial, closing hospital’s emergency, inpatient services

PAWTUCKET - Care New England's board of directors terminated negotiations with Prime Healthcare Foundation to sell Memorial Hospital of Rhode Island Monday night and began...

Care New England CEO ‘confident’ Partners takeover deal will happen

PROVIDENCE – A week after Partners HealthCare said it was halting a potential merger with Care New England due to concerns with its finances,...
FISCAL HELP: Dr. James Fanale, executive vice president and chief clinical officer at Care New England Health System, meets with Alyscia Grant, director of clinical integration and care-delivery redesign. Fanale anticipates improved finances in fiscal 2018, with the inclusion of a $16 million increase to Medicaid reimbursements in this year’s state budget. / PBN PHOTO/MICHAEL SALERNO

Struggling R.I. hospitals welcome $16 million Medicaid boost

Rhode Island hospitals will see a $16 million increase to Medicaid reimbursements in the state budget this year, marking the first year-over-year increase in...
FITCH RATINGS DOWNGRADED Care New England's credit rating from a BBB- to a BB. / COURTESY CARE NEW ENGLAND

Fitch ratings downgrades CNE credit rating to BB

PROVIDENCE – Fitch Ratings Inc. downgraded Care New England’s credit rating from BBB- to BB for two bonds and the rating has been put...
CARE NEW ENGLAND reported a $6.5 million loss int he company's fiscal third quarter ending in June. Above, one of the hospitals the organization operates, Memorial Hospital. /COURTESY CARE NEW ENGLAND

Care New England posts operating loss of $6.5M in fiscal Q3,...

PROVIDENCE – Care New England reported a $6.5 million operating loss for its fiscal third quarter through June, with the health care provider reporting...
CARE NEW England reported a $39 million loss in the first half of the year, including $26 million in the second quarter alone, the health care system said this week.

CNE reports $39M loss in first half of fiscal 2017

PROVIDENCE – Care New England reported a $39 million loss in the first half of the fiscal year, including $26 million in the second...

Most-read stories during April 2017, on PBN.com

1. PBN names 2017 Business Women honorees POSTED ONLINE: April 21 Providence Business News has announced the awardees of its 2017 edition of the Business Women...
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