RIPR News
7:48 pm
Wed March 23, 2011

Landmark extends deadline for bids

Providence, RI – Landmark Medical Center in Woonsocket is giving potential owners an extra five days to make a bid on the hospital.

Friday was originally the deadline for submitting proposals to buy Landmark, but now Judge Michael Silverstein has approved the hospital's request to extend that time-line to March 30th.

Landmark Spokesman Bill Fischer says the medical center and its union are in intense negotiations with several potential owners.

"It's good news that we're in in-depth discussions with multiple parties as is labor," he says, "but I think everybody's looking for a little bit of breathing room here."

Fischer says the extension does not change the April 1st deadline for Landmark's Special Master to recommend a buyer.

Earlier this week, Landmark sued Blue Cross Blue Shield of Rhode Island for not paying the hospital enough for its services.

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