RevCycle Intelligence June 15, 2020
While some healthcare merger and acquisition plans have fallen apart because of COVID-19, some providers are rethinking potential partnerships to survive the economic fallout of the pandemic.
Nearly a year ago, Rhode Island’s two largest hospital groups decided to walk away from healthcare merger and acquisition talks. But the recent COVID-19 crisis is prompting health system leaders to reconsider a potential partnership.
Lifespan president and CEO Timothy Babineau, MD, and Care New England president and CEO James Fanale, MD, recently announced that increased collaboration between the two health systems could benefit patient care in Rhode Island.
“During the past few months of the COVID-19 crisis, Lifespan and Care New England have been working together in unprecedented ways to benefit the...