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Providence Business News is solely dedicated to serving the Rhode Island and southeastern Massachusetts business community.
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R.I. healthcare system struggles to make recovery
1+ mon, 1+ week ago (82+ words) Providence Business News Massive cuts to insurance, persistent staffing shortages and widespread financial woes continue to vex Rhode Island’s healthcare system in 2026, though the Ocean State also managed to extinguish some long-burning fires over the past five years. After years…...
Audit flags 71 issues in state’s handling of $7B in federal funds
1+ mon, 1+ week ago (265+ words) PROVIDENCE – Rhode Island auditors flagged 71 issues in the state’s handling of more than $7 billion in federal funds for fiscal 2025, including compliance problems in several major federal programs, according to a report released July 30 by Auditor General David A. Bergantino. The…...
Cross-border toll: Brown Health’s Mass. facilities have lost millions; will it cost R.I.?
2+ mon, 1+ week ago (130+ words) Providence Business News When state Rep. Lauren H. Carson saw Brown University Health’s financial performance earlier this year, she was fuming. Rhode Island’s largest health system reported a $17.6 million loss for a three-month period that ended on Dec. 31, a bottom line written…...
Brown Health losses raise fears for R.I. services
2+ mon, 1+ week ago (130+ words) Providence Business News Brown University Health insists losses tied to two ailing Massachusetts hospitals have no bearing on financial decisions affecting Rhode Island operations. But they can’t convince Rep. Lauren H. Carson, D-Newport, and others who fought the potential closure…...
CVS challenges Tennessee law banning PBMs from owning pharmacies
3+ mon, 1+ week ago (89+ words) CVS challenges Tennessee bill banning PBMs from owning pharmacies Providence Business News PROVIDENCE – CVS Health Corp. is suing the Tennessee Board of Pharmacy over a new law that prohibits pharmacy benefit managers from owning or operating pharmacies in that state....
WalletHub: R.I. 7th lowest in nation for resident healthcare spending
3+ mon, 2+ week ago (145+ words) Providence Business News PROVIDENCE – Rhode Island is among the bottom 10 states for how much residents pay for healthcare relative to household income, according to WalletHub. The personal finance website in Florida analyzed the prices of five components, including the costs…...
State health office, Thrive dispute Medicaid billing status
4+ mon, 17+ hour ago (84+ words) Providence Business News WARWICK – The R.I. Executive Office of Health and Human Services and Thrive Behavioral Health are again butting heads, with the EOHHS alleging that Thrive maintains the ability to bill Medicaid for its Hillsgrove House facility. Thrive, which…...
Neronha proposes legislation to ease R.I.'s healthcare crisis
4+ mon, 5+ day ago (158+ words) Neronha proposes legislation to ease R.I.’s healthcare crisis Providence Business News PROVIDENCE – Lowering prescription drug costs, ensuring the stability of Rhode Island hospitals and preventing the increasingly predatory practices of anti-competitive, market-dominating pharmacy benefit managers are among the healthcare legislative…...
Rhode Island rises to occasion for hospitals deal
5+ mon, 3+ day ago (119+ words) There are few things more fundamental to the health of our state, our communities and our residents than having a network of quality, accessible hospitals. That is why, for the past 60 years, the Rhode Island Health and Educational Building Corp....
The price of saving Roger Williams and Fatima hospitals? $408M over 30 years
5+ mon, 3+ week ago (387+ words) Nancy Lavin is a senior staff writer for the Rhode Island Current. Celebrate Heroes and Be Part of the Discussion Deadline extended to March 25th Thank you to everyone who applied. Winners will be announced mid-April Women’s health is not static....