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By PBN Staff
Three years after being placed under the protection of a court-appointed master, Landmark Medical Center has been bought by Boston-based Steward Health Care System for $71.6 million.
The purchase by the for-profit group, formed when Cerberus Capital Management purchased the Caritas Christi Health Care system in November, marks the first time that a Rhode Island hospital will not be owned by a nonprofit.
Do you support the purchase of Landmark by Steward?