Budget & Taxes

Requires EOHHS to provide self-measured blood pressure monitoring for eligible pregnant and postpartum individuals, covering home monitors, training, data transmission, and co-interventions, with state funds if federal aid is unavailable.

Establishes Children's Catastrophic Illness in Children Relief Fund to provide finance assistance to families for medical expenses not covered by state or federal programs or insurance contract.

SB 2340 authorizes the state of Rhode Island to provide up to $18 million in financing support to assist the sale of Roger Williams Medical Center and Our Lady of Fatima Hospital to CharterCARE Health of Rhode Island, Inc. The bill creates a debt service reserve fund or credit facility to bolster bond financing for this acquisition, ensuring the hospitals' financial viability. This support directly affects the two hospitals (which served over 110,000 annual emergency and outpatient visits) and CharterCARE as the buyer, while preserving approximately 2,700 jobs. The state’s contribution is capped at $18 million and requires annual legislative appropriations, with funds reverting to the state budget if unused.