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1540 Updates

Care New England Reports Financial Turnaround

Care New England is reporting itself to be in the black following the closure of Memorial Hospital in Pawtucket.  Rhode Island's second-largest hospital group reported this week that it turned an 800-thousand-dollar profit during the third quarter of the 2018 fiscal year, compared to a loss of six-and-a-half-million in the same period last year.  Excluding costs related to closing the hospital, CNE said it recorded a four-point-six-million-dollar gain.  Care New England asked Rhode Island officials last week for an expedited review of a proposed merger with Boston-based Partners HealthCare. 



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