Posted inBusiness, Health, Local

Reliance on debt sparks concern on deal for two RI safety-net hospitals

The future of two cash-strapped hospitals — Roger Williams Medical Center in Providence and Our Lady of Fatima in North Providence — has become increasingly tenuous over the last four years. Things got even more uncertain when the hospitals’ California-based owner, Prospect Medical Holdings, filed for bankruptcy in January. Rhode Island Attorney General Peter Neronha […]

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Regulators approve nonprofit’s purchase of two R.I. hospitals from private equity firm

After a yearslong review process, state health regulators have granted final approval to the proposed sale of Roger Williams Medical Center and Our Lady of Fatima Hospital, opening the door for a nonprofit to take over ownership of the struggling Rhode Island hospitals from a for-profit private equity firm. Otis Brown, a spokesman for the […]

Posted inHealth, Labor, Local

CharterCARE Union Opposes Purchase by Centurion Foundation

United Nurses and Allied Professionals, which represents almost 1,000 workers at CharterCare Health Partners, announced Monday its opposition to the Centurion Foundation’s proposed purchase of CharterCARE. In a statement, UNAP called on Attorney General Peter Neronha and the Rhode Island Department of Health to reject the Atlanta-based nonprofit foundation’s attempt to acquire CharterCARE. “We took […]

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Public hearings set on proposed sale of Rhode Island’s CharterCARE hospitals

The Rhode Island Health Department and Office of Attorney General have scheduled public hearings next month on the proposed sale of the state’s third-largest hospital group. The Centurion Foundation, an Atlanta-based nonprofit, wants to buy CharterCARE Health Partners, currently owned by Prospect Medical Holdings of California. CharterCARE operates Roger Williams Medical Center in Providence and […]

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RI’s CharterCare hospitals performed elective surgeries while turning away patients from their ERs

During this winter’s COVID-19 surge, hospitals across Rhode Island and Massachusetts suspended all but the most urgent surgeries to free up staff and beds to care for the influx of patients.  But not CharterCare Health Partners, which operates Our Lady of Fatima Hospital and Roger Williams Medical Center. Even when their emergency departments were so […]

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