Updated January 21 at 12:27am
Health Services
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(Updated 4:40 p.m. and 8:42 a.m.) The Lifespan nonprofit health system in fiscal 2015 reported an increase in operating revenue and operating expenses compared with the prior year, but a loss when it had previously posted a profit. Similarly, Care New England saw its 2014 gain turn into a loss in 2015. more
ShapeUp, a provider of corporate well-being solutions, said 2015 was record-setting for the company as it welcomed 260 new customers to its client base, growing it to more than 800 employers worldwide. more
More babies are being born with exposure to opioids in Rhode Island, the annual KIDS COUNT Factbook has found. more
(Updated 12:48 p.m.) Rhode Island Hospital, a Lifespan hospital, Tuesday submitted a Certificate of Need to the R.I. Department of Health, seeking approval to build a 31-bed obstetrics unit. more
Ximedica, a medical-technology-development company, has acquired Accel Biotech based in Los Gatos, Calif. more
Rhode Island had three deals totaling $500,000 for venture capital-backed companies in the third quarter, according to CB Insights and KPMG International’s latest “Venture Pulse” report released Thursday. more
Care Thread, a Providence firm specializing in secure, mobile-care coordination for health care providers, is one of 14 finalists in TechSandBox’s fourth annual Pitch Fest Competition. more
(Updated 6:02 p.m. and 2:33 p.m., Feb. 9) Sixty Optum employees will be laid off here in April, according to a notice on the state Department of Labor and Training’s website. more
IlluminOss Medical Inc. said Monday that it has completed enrollment in its first U.S. clinical trial toward U.S. Food and Drug Administration approval of its IlluminOss System, a minimally invasive system to repair bone fractures. more
With the Rhode Island health care sector cast of characters constantly shifting, MergerWatch’s recent report, “When Hospitals Merge: Updating State Oversight to Protect Access to Care,” is particularly timely. more
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