Tag: Peter Markell
$175M acquisition is worth it for Lifespan
Despite facing financial challenges in the recent fiscal year, Lifespan Corp. is confident its $175 million purchase of two cash-strapped hospitals in Massachusetts will...
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 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...
Lifespan posts $11.5M operating income in Q3
PROVIDENCE – Though Lifespan Corp. has fallen behind on its fiscal targets for the year, the health system posted an operating income of $11.5...
Lifespan rebranding to Brown University Health under new agreements
PROVIDENCE – The state’s largest health system is getting a new name.
Under an expanded affiliation agreement, Brown University and Lifespan Corp. announced Thursday that...
Lifespan behind on financial goals; capital improvements to come
PROVIDENCE – Lifespan Corp. posted a $4.6 million operating income in the second quarter of 2024, but the state’s largest health system has some...
New Lifespan, Brown affiliation expected to be finalized by end of...
PROVIDENCE – Almost five months after announcing talks of strengthening their ties, Lifespan and Brown University are wrapping up new affiliation agreements, according to...
One-time items boost Lifespan’s operating income to $55M in Q1
PROVIDENCE – Lifespan Corp. has started the fiscal year strong reporting a $55.4 million operating income for the first quarter of 2024 ending on...
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