As Prime Healthcare crunches numbers on a potential purchase of Our Lady of Fatima Hospital and Roger Williams Medical Center, the income side of its ledger is poised for a $2 million boost.
The extra money comes from a settlement with the city of Woonsocket, where Prime Healthcare Foundation owns and operates Landmark Medical Center. The Woonsocket City Council authorized the payment agreement with Prime under a resolution presented at its meeting Monday. The settlement resolves a longstanding dispute – including three lawsuits – over city tax assessments and bills to the hospital operator that began a decade earlier. PBN Branded Content
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