HMO SAID NEAR SALE OF R.I. CENTERS HARVARD PILGRIM OFFICIALS DETAIL SOME PLANS TO HELP MEND FINANCES HMO OFFICIALS DETAIL PLANS TO MEND FINANCES

From: The Boston Globe | Date: October 30, 1999| Author: Alex Pham, Globe Staff | Copyright information

Harvard Pilgrim Health Care is on the verge of selling its Rhode Island health centers, a move that will help the region's largest health maintenance organization walk away debt-free from its financially troubled Rhode Island business, according to senior executives at the Brookline-based HMO.

The most likely buyer of Harvard Pilgrim's five health centers is Lifespan Inc., the Ocean State's largest hospital group and the owner of Boston-based New England Medical Center, sources at both...

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