Leadership
e-Newsletter
Intelligence Unit Special Reports Special Events Subscribe Sponsored Departments Follow Us

Twitter Facebook LinkedIn RSS

Fate of RI's Landmark hospital on the line, again

Providence Journal, July 10, 2013

Landmark Medical Center was bustling the other day, almost exactly five years after going broke. It's a bit of a shocker: Despite five years of court supervision (a form of receivership), five years of failed attempts to find a buyer, five years of multimillion-dollar losses, Landmark abides. That's an argument likely to be heard Tuesday, when a Health Department advisory committee holds its first meeting on the proposal to sell Landmark to Prime Healthcare Services, a for-profit 18-hospital chain based in California. The stakes are higher than ever for Landmark. A previous prospective buyer won state approval but walked away, leaving the hospital with limited options. A statewide planning committee produced data showing that within four years Rhode Island will have about 200 more hospital beds than needed, at an estimated cost to the healthcare system of $100 million. Only half the people in Landmark's service area get care at Landmark.