Missouri company backs out of Rehab Hospital deal

Joseph Fitzgerald, Woonsocket Call, December 4, 2008 North Smithfield - A transaction to convert ownership of the Landmark Medical Center-owned Rehabilitation Hospital of Rhode Island on Eddie Dowling Highway to a Missouri-based company that provides physical rehabilitation program management services has collapsed after the company withdrew from the deal on Thursday. Back in March, the Department of Health and Attorney General’s Office received an application for a sale of the ownership of the hospital from RehabCare Hospital Holdings and Landmark Medical Center doing business as Northern Rhode Island Rehab Management Associations (NRIRMA). ... Missouri