Review of Lifespan/Care New England Merger Application Begins
The application was submitted as required by the Hospital Conversions Act, or ACA. The application review period began on Tuesday.
Providence, RI (WLNE) – The Rhode Island Attorney General’s Office and the Rhode Island Department of Health announced that the review process is now underway for the application to merge Lifespan and Care New England. The application was submitted as required by the Hospital Conversions Act, or ACA.
The application review period began on Tuesday.
As part of that review process, the Attorney General’s Office and RIDOH will now gather more information and assess the transaction. The information-gathering process will include “taking testimony, requesting and reviewing more documents, and conducting public meetings.”
The Attorney General’s Office said the application submission step is a “procedural milestone” in the process. The application is deemed complete and ready for review after the transacting parties have provided necessary information.
In a statement released this week, the Attorney General’s Office laid out the following next steps in the process:
• Now that the application has been deemed complete, consistent with the standard process set forth in the HCA, the Attorney General’s Office will perform confidentiality determinations, which will be complete on or before December 30, 2021.
• At that point, the application will be made public, and public meetings will be scheduled within two months of that date.
• Under the HCA, the deadline for a decision approving, approving with conditions, or denying the transaction falls 120 days from the date of completeness. In this case, the deadline falls on March 16, 2022.
Rhode Island Attorney General Peter Neronha said in the statement, “As a regulator with the immense responsibility of evaluating hospital transactions in our state, our goal is clear. We need to determine whether the transaction is legal and understand how, if approved, it will impact cost, quality and access to care for the people of Rhode Island.” He went to say, “While the goal is clear, the path toward accomplishing that goal is complex and requires a thorough and careful vetting of an enormous amount of information.”
RIDOH Director Dr. Nicole Alexander-Scott added, “This review process will be rigorous and thorough and will involve the gathering of feedback from people throughout Rhode Island in public comment sessions.”