![]() ![]() ![]() The merger is also under review by the Federal Trade Commission. The Rhode Island Attorney General’s office and the Rhode Island Department of Health have until March 16 to decide to approve, approve with conditions or reject the merger. The University will also have voting membership on the merged system’s Board of Directors. Though not legally involved with the merger deal, the University plans to invest $125 million into the partnership over five years after its 2021 announcement, The Herald previously reported. The merger would also create an academic health system in partnership with the University. Combined, the new system would include about 80% of the state’s hospital infrastructure, according to The Boston Globe. The proposal would merge Lifespan and Care New England’s health and clinical care, health management, research and medical education into one system. ![]() Southcoast President and CEO Keith Hovan will serve as president and CEO and Care New England CEO Dennis Keefe will become CEO of the Population Health initiative for the unified system.Ĭare New England was founded in 1996 and is the parent organization of Butler Hospital, Kent Hospital, Memorial Hospital of Rhode Island, Women & Infants Hospital of Rhode Island, the VNA of Care New England, The Providence Center, CNE Wellness Center and Integra, a certified accountable care organization created with the Rhode Island Primary Care Physicians Corporation.Rhode Island’s two largest health care systems’ application to form an integrated health system has entered a 120-day review period following the completion of the application in November. ![]() Because any health system merger should be about delivering high quality healthcare rather than expanding profits, we will be taking steps to ensure that this new entity is better able to guarantee quality, affordable care that is accessible for patients and communities."Ī new parent entity will be named after a "comprehensive brand assessment," the companies said. "Our workers will be vigilant during this process, which will impact thousands of employees and patients across the region and require approval through two state regulatory processes. "While workers at 1199SEIU United Healthcare Workers East recognize that the proposed merger may offer potential to better serve the health care needs of patients and communities in southern New England, we are also aware of risks of the proposed transaction," Tyrék Lee Sr., executive vice president of 1199SEIU United Healthcare Workers East, said in a statement. The union that represents more than 2,000 workers at the two companies called for a "transparent" process, limits on disruption for patients and communities, and employment security and job creation, including "good wages, opportunities for training and advancement, and a free and fair union election process that respects workers' right to organize." We look forward to continuing this collaborative and transparent process, sharing additional details about our vision for healthcare delivery as plans are developed and as we begin the regulatory process," Southcoast Health Board Chair Jean MacCormack said in a statement. "This affiliation helps to build an even stronger future for our organizations while importantly maintaining our steadfast commitment to our local communities. Luke's Hospital in New Bedford and Tobey Hospital in Wareham, as well as Southcoast Behavioral Health in Dartmouth. Southcoast Health includes Charlton Memorial Hospital in Fall River, St. The health care companies plan to operate an integrated system, and are set now to work out an affiliation agreement and embark upon required regulatory processes in Massachusetts and Rhode Island. SouthCoast Health and Care New England last November announced plans to study a partnership and on Tuesday the non-profit hospital and health care systems announced their boards have voted to move forward with a $2 billion affiliation featuring eight hospitals and more than 15,000 employees. ![]()
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