Following the rejection and subsequent withdrawal of its proposed merger with Care New England, Lifespan is focused on filling the 2,400 vacancies it has in its system, said Lifespan CEO Timothy Babineau, MD. WPRI March 10.
“It’s on all levels,” Dr. Babineau said. “If you have a high school diploma, if you have a college education, if you have a nursing degree, if you have a pharmacy degree – we have job openings everywhere. … There is practically a work for who wants to have one.”
The merger between the two systems – both based in Providence, RI – would have created an integrated university health system in partnership with Brown University. The Federal Trade Commission and state Attorney General Peter Neronha opposed the deal over concerns it would increase costs because it would give the combined system control of eight of the 13 hospitals. of State.
In addition to filling vacancies at Lifespan, Dr. Babineau said WPRI he also wants current employees to feel valued. The system recently launched an initiative where 27 Lifespan employees will share their experiences on TV, radio, websites and social media.
He believes Lifespan is in a financial position to remain independent for some time due to its size and strong balance sheet, he added.
Care New England, however, is much smaller and struggling financially. He has received offers from other organizations, including a $550 million offer from financial recovery firm StoneBridge Healthcare.
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