By Paul Grimaldi
PROVIDENCE, R.I. -- Lifespan is using the R.I. Health Education Building Corp. to raise approximately $50 million the Providence-based hospital group will use to buy the computer equipment it needs to create its new medical information system.
The corporation helps educational and healthcare institutions raise financing for new facilities, new equipment and major renovations. The corporation's board will meet Thursday to consider final approval of a bond issue to raise the money for Lifespan. At the same time, the board will consider a $300,000 loan application from United Methodist Health Care for a smaller-scale computer information system purchase.
Lifespan encompasses Rhode Island, Miriam, Newport and Bradley hospitals.