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US: Memorial Hospital gets a lifeline with proposed merger

 |  April 23, 2017

Memorial Hospital of Rhode Island should soon have a new owner as a result of a proposed major hospital merger announced. The Care New England hospital announced plans to merge with Boston-based Partners HealthCare, parent company of Brigham and Women’s.

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    As part of that deal, which needs approval from regulators in Massachusetts and Rhode Island, Memorial Hospital would be sold off to Prime Healthcare Foundation, a California-based nonprofit group affiliated with the owners of Woonsocket’s Landmark Medical Center.

    It’s been a troubled few years for the financially-strapped Memorial Hospital, which saw its birthing center shut down last year. Rumors swirled that the hospital itself close down.

    Full Content: US News

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