The leaders of Rhode Island’s two predominant hospital systems said they are about two months away from completing their merger application, The Boston Globe reports.
In an interview with the newspaper, Dr. Timothy Babineau, Lifespan Corporation’s CEO and Dr. James Fanale, Care New England’s CEO, confirmed that they are looking to complete all the necessary filings to all regulatory parties by “mid-to-late September.”
A “certificate of public advantage,” or COPA, which could allow the state to approve a hospital merger that could be viewed as “anti-competitive” from the perspective of the FTC, is still on the table. Read more.
