Prime Healthcare's acquisition of Landmark receives approval by R.I. Health Services Council

Prime Healthcare's acquisition of Landmark receives approval by R.I. Health Services Council

WOONSOCKET - The Rhode Island Health Services Council voted 12-0 to approve Prime Healthcare Services and Landmark Medical Center's application for change of effective control. The council's recommendation for approval will now be forwarded to R.I. Department of Health Director Michael Fine for his consideration, which is the last step in the change of effective control application process.

"Community support for this acquisition has been overwhelming and we appreciate garnering the support of the council. This is welcomed news not only for the northern Rhode Island health care consumer, but for our 1,100 employees as well. I remain optimistic that this acquisition process will reach a successful conclusion and Landmark's operations will be preserved," said Rick Charest, president of Landmark Medical Center and the Rehabilitation Hospital of Rhode Island.

The council has a held a series of meetings on the proposed acquisition of Landmark Medical Center by Prime Healthcare Services. Any hospital acquisition in Rhode Island requires the approval of two separate and distinct regulatory reviews. The first is the approval of a Hospital Conversion application overseen jointly by the Department of Health and the Department of Attorney General. The second is a Change of Effective Control application overseen exclusively by the state Department of Health. These regulatory reviews have been running in parallel.