Rhode Island

CVS joins the decentralized clinical trials movement with launch of new biz unit

CVS has launched a new clinical trials services business that will help drug companies and contract research organizations recruit clinical trial volunteers. The new business unit builds on work the pharmacy giant did last year, identifying and recruiting recruit people for clinical trials testing Covid-vaccines and medicines.

Hospitals caught in crossfire of battle between Rhode Island AG, PE-owned operator

Amid a heated battle over an ownership change, Prospect Medical Holdings has threatened to close two of its hospitals in Rhode Island in response to conditions the state’s attorney general proposed. The hospital chain’s private equity owner is looking to sell its majority stake but requires state approval to move forward.