Women & Infants president Rick Majzun resigned after a 10-month run at the hospital.
Majzun’s departure comes as Care New England, which owns the hospital, pushes for a deal that would make the network part of Partners Healthcare, the Boston-based provider. What the acquisition could mean for patients in Rhode Island isn't yet clear, but that'll be one question state regulators try to answer when they evaluate an application from the two providers in the coming months.
The last handful of years have been tough for Women & Infants Hospital. The share of patients who are covered by private insurance has shrunk, replaced by more patients covered by Medicare and Medicaid. This is what’s called a hospital’s “payer mix.” Those government insurance programs generally pay less for care. So that new payer mix has shrunk Women & Infants' revenue.
The hospital has also seen shorter stays in its neonatal intensive care unit, which has also led to a decrease in revenue.