Hospital consolidation marches on amid pandemic bondbuyer.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bondbuyer.com Daily Mail and Mail on Sunday newspapers.
Consumer health care costs will not change with Lifespan-CNE merger, Brown University president says
The merged system would provide better care without increasing costs, she said, but effective low-cost care is not in the cards
By Alexa Gagosz Globe Staff,Updated April 9, 2021, 1:00 p.m.
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Brown University President Christina H. Paxson.Brown University
PROVIDENCE â The anticipated merger between Rhode Islandâs two predominant health care systems has long worried critics, who have said that a merger of this scale would lead to an increase in the cost of care. But on Friday, Brown University President Christina H. Paxson said she doesnât think thatâs going to happen in the case of Lifespan Corporation and Care New England.
Dive Brief:
The number of transactions involving hospitals and healthcare systems was down in the first quarter of the year compared to the same period in 2020, but the size of consummated transactions was significantly larger, according to a new report from Kaufman Hall.
Altogether, there were 13 transactions that took place during the quarter, fewer than half of the 28 that took place in the first quarter of 2020. The average seller size by revenue was $676 million, including several mega transactions involving a seller with $1 billion or more in annual revenue. That s the third-highest figure for a quarter in the past decade. The record occurred in the second quarter of 2020, when the average seller size topped $800 million.
After six years of Raimondo, Rhode Island still faces familiar economic challenges Published Thu Apr 08 2021 07:56:35 GMT+0000 (Coordinated Universal Time) As she finished her six years as governor of Rhode Island, and left for a new job as Commerce secretary in the Biden administration, Gina Raimondo claimed credit for making the state’s economy stronger. In some cases, the economy is stronger. But in other ways, Rhode Island still faces many of the same challenges as before. by Ian Donnis
The downtown Providence headquarters of the health-technology company Virgin Pulse has all the buzzy features of digital culture: free snacks, a cluster of treadmill desks, and a roof deck with artificial grass and a sweeping view of the East Side
Brown University Medical School dean Dr Jack Elias to focus exclusively on Lifespan-Care New England merger bostonglobe.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bostonglobe.com Daily Mail and Mail on Sunday newspapers.