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Southcoast, Rhode Island hospital chain merger talks on track despite financial troubles

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Financial losses and layoffs haven’t derailed merger discussions between Rhode Island-based Care New England Health System and Southcoast Health System in New Bedford, executives said today. The health systems, which have four hospitals a piece, began merger discussions in November after Southcoast responded to a request for proposals. In a joint statement, executives from both health systems said financial strains hadn’t derailed discussions, and that they expected to execute the definitive…

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