The money would come from a tax increase on health-insurance premiums that would raise $5 million annually for four years for Landmark, which has been under court supervision for close to two years starting when it was on the verge of insolvency, according to reports.
The money would go toward the hospital’s merger with Massachusetts chain Caritas Christi Health Care.
Read the The Providence Journal report on Landmark Medical Center.
At Becker's 4th Annual CEO + CFO Roundtable, taking place November 2–5 in Chicago, more than 1,500 hospital and health system executives tackle decisions that determine whether organizations thrive or merely survive: protecting margins under cost pressure, choosing where to grow, renegotiating payer relationships, stabilizing the workforce and proving real ROI on technology. This is where leaders work through them together, face-to-face. Apply for complimentary registration now.
