Coastal Medical and Lifespan have finalized an agreement for Coastal Medical to become part of the Lifespan health system. This action follows Coastal Medical and Lifespan signing a letter of intent to affiliate in February 2020 and more recently an asset purchase agreement in January 2021.
The two organizations have a long history of successful collaboration in caring for patients. Coastal is a national model for coordinated primary care, while Lifespan offers complementary strengths in specialty services, research, and education. Combining Lifespan’s vast specialty care capabilities with Coastal’s primary care expertise will benefit patients across the state, offering enhanced value through a continuum of coordinated, high-quality patient care.
“Coastal shares Lifespan’s commitment to Rhode Island, fostering innovation and ensuring value, to deliver excellence in care,” said Alan Kurose, M.D., Coastal President and CEO. “As part of the Lifespan system, our practices and providers will help reach more patients, with a positive impact on healthcare. This is good for Rhode Island, the people who live here, and the quality and cost of health care.”
“Bringing together these two organizations will be transformative for healthcare in our state,” said Timothy J. Babineau, M.D., Lifespan President and CEO. “Coastal has a national reputation for delivering high quality, patient-centered care that has made a powerful impact on the health of our community. With Coastal, Lifespan can accelerate its journey to provide more value based care, which will advance quality, increase access and ensure patients receive care in the most appropriate setting. This is an exciting time in healthcare and we are truly pleased to welcome our collegues from Coastal to the Lifespan team.”
Coastal Medical is particularly known for its team-based and value-focused approach to providing high-quality care and improving patient wellness. All Coastal practices are recognized by the National Committee for Quality Assurance (NCQA) as patient-centered medical homes and have earned a NCQA distinction for Integrated Behavioral Health, while simultaneously lowering the overall cost of care delivery.