Live Breaking News & Updates on Place Moratorium

Senate President Ruggerio PHOTO: GoLocal
As the wheeling and dealing in the hospital industry in Rhode Island heats up Senate President Dominick Ruggerio on Tuesday will file legislation that would impose a one-year moratorium on hospital conversions involving for-profit corporations as the seller or the buyer.
This proposed legislation would impact CharterCARE and potentially block the efforts of StoneBridge to purchase Care New England. 
Care New England owns and operates Woman & Infants, Kent and Butler hospitals among its assets.
Since the early fall, Care New England has been in merger negotiations with Lifespan this is the fourth round of merger negotiations between the two over the past 20 years. Over the past years, Care New England has also had failed merger negotiations with South Coast and Boston healthcare giant Partners now rebranded Mass General Brigham. ....

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