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

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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
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
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 state’s two large hospital groups, Care New England Health System, has hinted at a merger or acquisition deal that could be revealed soon. Will the changes to the Hospital Conversions…

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