Lifespan and Care New England Resubmit Merger Plans
September 30, 2009
After a previous merger plan was sent back this summer, Rhode Island-based Lifespan and Care New England have resubmitted plans to merge seven hospitals managed by the healthcare systems, according to a report in the Warwick Beacon.
Under the proposal, the seven hospitals — Lifespan's Hasbro Children's, Miriam, Bradley and Newport Hospitals and Care New England's Kent, Women & Infants and Butler Hospitals — would be combined under one corporation called Lifespan. According to the report, Lifespan would control 70 percent of the hospitals.
Regulators returned the application in July because they deemed it incomplete. They will have 30 days to decide if the new application is complete and to review the additional information.
Read the Beacon's report about the resubmitted Lifespan/Care New England merger plans.
© Copyright ASC COMMUNICATIONS 2011. Interested in LINKING to or REPRINTING this content? View our policies by clicking here.
To receive the latest hospital and health system business and legal news and analysis from Becker's Hospital Review, sign-up for the free Becker's Hospital Review E-weekly by clicking here.