The Best 30 Stonebridge Healthcare - StoneBridge Healthcare, a financial turnaround firm, has made an offer to buy Care New England Health System in Providence, R.I., according to Becker's. The business, which was founded in 2020 to assist financially ailing hospitals, delivered a letter of intent to Care New England, giving the system $550 million, a $250 million acquisition price, and a $300 million, seven-year loan. StoneBridge Healthcare LLC stated on Wednesday that it has submitted a letter of intent to buy Care New England in a $550 million transaction, which includes a $250 million acquisition price and $300 million in capital investments over a seven-year period.
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StoneBridge Healthcare LLC has proposed a $250 million acquisition price as well as $300 million in capital investment over a seven-year period for Rhode Island's second-largest hospital group. StoneBridge Healthcare, a charity organization in Pennsylvania, presented an offer of $550 million, which included a $250 million acquisition price and a $300 million, seven-year capital enhancement expenditure.
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