RI hospital's fate in judge's hands
The Westerly Sun, December 7, 2011
Burdened by an unmanageable debt load, The Westerly Hospital will ask a state judge to appoint a "special master" to take control of its finances. The hospital's board of trustees voted unanimously Monday night after a three-hour meeting to voluntarily file for receivership. Charles S. Kinney, hospital president and CEO, recommended the action. The hospital plans to make the filing on Wednesday. If receivership is approved, the court would appoint a special master who would assume fiduciary responsibility for the hospital. The master would work with the hospital to restructure its debt and address its financial problems.
Most Viewed
Most Emailed
- Urologists 'Outraged' Over PSA Test Challenge
- New Facebook Page Gathers Stories of Medical Harm
- Luxury Hospital Facilities Put Patient Experience First
- Five Hospitals Share Three Secrets to Improve Knee Surgery Outcomes
- Heartland Health Joins Mayo Clinic Network
- Health Insurance Exchanges Put Defined Benefits to the Test
- Beleaguered Fairview Health CEO to Retire in July
- How Rivals Built an ACO
- Challenging Physicians to Help Improve the ED
- Appalachian, Urban Health Challenges Remarkably Similar

