Rhode Island regulators have deemed Prime Healthcare’s application to buy Woonsocket’s Landmark Medical Center complete.
Now the Attorney General and Department of Health can begin their official review of California-based Prime Healthcare’s bid to buy the troubled community hospital. That review begins July 1st and ends October 28th under Rhode Island’s Hospital Conversion Act.
Been wondering what's happening with Landmark Medical Center? So has Woonsocket's mayor, Leo Fontaine. He wrote a letter to Governor Lincoln Chafee, pleading with him to weigh in on the process, use his influence to somehow resolve it. Problem is, regulators say that won't help.
Here are excerpts of the mayor's letter to the governor, a copy of which he apparently emailed to several newsrooms, but not to the primary regulators involved in approving or denying Prime Healthcare's application to buy to Landmark Medical Center:
Advocates for Rhode Island’s cities and towns are criticizing the budget passed Tuesday by the House Finance Committee. The Finance Committee cut a planned increase in state aid to local communities.
The Finance Committee cut back a hike in local aid proposed by Governor Lincoln Chafee in his budget. The associate head of the Rhode Island League of Cities and Towns, Peder Schaefer, also serves on Woonsocket’s budget commission. He said the reduced aid will hurt struggling communities.
A tax hike is on the way for Woonsocket residents. The House has passed a supplemental tax leaving home owners with additional $240 dollars a year 5 year period. The tax will help close the city’s 17 million dollar budget gap. Woonsocket City Councilman Roger Jalette says he does not support the proposal.
Blue Cross and Blue Shield of Rhode Island is responding to a lawsuit claiming that it stymied Steward Health Care’s bid to acquire Landmark Medical Center in Woonsocket.
Steward is the Massachusetts-based, for-profit health care chain that tried to acquire Landmark, which has been in receivership for several years. Steward filed suit in Superior Court this week claiming Blue Cross thwarted those plans purposefully to maintain what Steward calls an unlawful monopoly on commercial insurance and hospital services.
The budget commission that’s running the city of Woonsocket has asked area lawmakers to introduce a bill that would authorize a $2.5 million dollar supplemental tax increase. It’s part of a plan to bail out the financially distressed community.
The average Woonsocket resident would pay an additional $150 in property taxes and $90 in vehicle taxes under terms of a supplemental tax bill introduced by two state lawmakers. The aim is to raise $2.5 million. It’s part of a larger plan to erase a $17 million deficit over the next five years.
Nothing says home quite like a white picket fence, and Jacqueline Dowdy’s got one surrounding her light green triple-decker. Her grandparents bought the place more than 40 years ago. Back then, they lived on the first floor.
“My parents lived on this floor, this is the apartment I grew up in,” says Dowdy. “And I had an aunt, one of my mother’s younger sisters, who lived on the third floor.”