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Wednesday, April 19, 2017

ABC6 : reported that Care New England signs letter to merge with Partners Healthcare

In recent years, we have seen several new players enter the Rhode Island market in response to the evolving health care industry. The hospital group which runs four hospitals in the State says it has signed a letter of intent to merge with Partners Healthcare of Massachusetts. By: News StaffEmail: news@abc6.comTwitter: @ABC6PROVIDENCE, R.I. –Care New England made a big announcement on its future on Wednesday. That deal is in the works with California-based Prime Health Care which currently owns Landmark Hospital in Woonsocket. Care New England also announced it is exploring the sale of Memorial Hospital in Pawtucket.


Care New England Signs Agreement With Partners Healthcare for Potential Merger


Care New England Signs Agreement With Partners Healthcare for Potential Merger
Care New England Signs Agreement With Partners Healthcare for Potential MergerFinancially troubled Care New England has signed an agreement with Massachusetts-based Partners Healthcare to explore a potential merger. Care New England ImplicationsFor Care New England — which owns Kent Hospital, Women & Infants, Memorial Hospital and Butler Hospital, the merger could not happen soon enough. In October of 2016, the two groups jointly announced the merger was dead, "Care New England and Southcoast share a vision of creating a healthier community through community-based care," said Charles Reppucci, Chair of the Care New England Board of Directors. Previously, Care New England was working towards a merger with South Coast Hospital group, but that unraveled due to Care New England's weak financial conditions. While Brown's President Christine Paxson — who is functionally invisible in Rhode Island — is managing alumni affairs and fundraising, Carey is influencing almost everything in Rhode Island.

Care New England merging with Partners Healthcare

By: News Staffnews@abc6.comPROVIDENCE, R.I. – Care New England Health System announced Wednesday that it has elected to join Partners Healthcare of Massachusetts. The Board of Directors from Care New England has selected Partners after reviewing over 12 state, regional, and national organizations. Both CNE and Partners Healthcare will continue to work together as the next phases of agreements continue. However, despite the many changes in health policy, one constant has always remained – at the heart of all our efforts is the patient," said Partners HealthCare President and CEO David Torchiana, MD. The letter of intent includes Kent Hospital, Women & Infants Hospital of Rhode Island, the VNA of Care New England, Butler Hospital, and The Providence Center.


collected by :Lucy William

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