Health
FTC clears way for Lifespan, Care New England merger
01:00 AM EST on Saturday, December 20, 2008
The Federal Trade Commission has once again cleared the way for the merger of Lifespan and Care New England, just one of many hurdles before the plan can come to fruition.
The two hospital groups announced yesterday that the FTC had found no antitrust-law violations in their proposal to merge into a seven-hospital corporation controlling about two-thirds to three-quarters of hospital services in Rhode Island.
The FTC had made a similar ruling a year ago, but its decision expired. The hospitals, which have not yet moved forward with the merger plans, had to refile their application.
The biggest hurdles still lie ahead — winning approval from the state Department of Health and attorney general.
Although the merger was announced in July 2007, the hospitals have not yet finished filing their application with state regulators. But yesterday leaders of both hospital groups reaffirmed their commitment to the merger.
| Visit the new tent city in Providence, it's got its rules | |
| Getting down with G-O-D; RPM voices at Burnside Park | |
| North Providence fire truck gets lunchtime workout |
More health stories
New Medicaid rules aim to reduce nursing home admissions
Brown researchers devise new front in fight against infection
Most Viewed Yesterday
In Warwick, a treacherous curve takes a young life
R.I.’s attorney general is well traveled
Family grieves shooting death of ‘a nice young man’
N. Kingstown police release report on worker who died at Electric Boat
Most active surveys
Most e-mailed in the last 24 hours
Reader Reaction









You must be logged in to contribute. Log in | Register Now!
You are logged in as screenname | Log Out
You are logged in, but do not have a "screen" name. Create a Screen Name