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WITH CARE NEW ENGLAND HEALTH SYSTEM looking to make a merger or acquisition deal, new legislation approved by the General Assembly adds new rules in order for such a transaction to be approved. Pictured is Care New England's Women & Infants Hospital in Providence. / COURTESY WOMEN & INFANTS HOSPITAL

Will R.I. legislation on hospital mergers, acquisitions scare off suitors?

The state review process for buying or selling hospitals in Rhode Island is going to get tougher under newly approved legislation. Meanwhile, one of the...

Nursing homes to get $30M boost

Rhode Island’s nursing home industry has been ravaged during the COVID-19 pandemic, but some financial help appears to be on the way. The state budget...
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...
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