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 […]
Prospect Medical Holdings
Posted inBusiness, Health, Local
Bankruptcy court hearing may clarify deal to sell RI hospitals
A Feb. 12 hearing in U.S. Bankruptcy Court in Texas could determine whether the Centurion Foundation can proceed with its plan to buy Roger Williams Medical Center in Providence and Our Lady of Fatima Hospital in North Providence. The hospitals are among the CharterCARE Health Partners assets owed by California-based Prospect Medical Holdings, which filed […]
Posted inLocal, Politics, TGIF
TGIF: Ian Donnis’ Rhode Island politics roundup for Jan. 17, 2025
Remaking the Old Canteen as a hot dog venue — is nothing sacred? You can follow me through the week on Bluesky, threads and X. Here we go. *** Want to get my column in your inbox every Friday? Just sign up right here. *** 1. STORY OF THE WEEK: Gov. Dan McKee had a […]
Posted inBusiness, Health, Local
California company’s finances pose more uncertainty for two RI hospitals
Prospect Medical Holdings, the California-based owner of two cash-strapped safety net hospitals in Rhode Island, faces a possible bankruptcy filing, a move that would spell added uncertainty for Roger Williams Medical Center in Providence and Our Lady of Fatima Hospital in North Providence. Prospect’s exploration of restructuring was reported by The Wall Street Journal, which […]
Posted inLocal, Politics, TGIF
Ian Donnis’ Rhode Island politics roundup for June 21, 2024
All of a sudden, spending some time watching the Red Sox is a pleasure. You can follow me through the week on threads and what we used to call the twitters. Here we go. *** Want to get my column in your inbox every Friday? Just sign up right here. *** STORY OF THE WEEK: […]
Posted inHealth, Local, Politics
State regulators approve, with conditions, sale of two Rhode Island hospitals
Rhode Island state regulators on Thursday approved, with conditions, the sale of two cash-strapped safety-net hospitals to an Atlanta-based nonprofit with no experience in managing hospitals. The Rhode Island Department of Health and Attorney General Peter Neronha signed off on the possible acquisition of the hospitals’ parent, CharterCARE Health Partners, by the Centurion Foundation. CharterCARE […]
Posted inHealth, Local, Politics
Judge orders owner of two Rhode Island hospitals to pay $17 million
Stern’s decision to grant a preliminary injunction requested by Attorney General Peter Neronha follows a lawsuit filed by Neronha against Prospect late last year. At the time, Neronha alleged Prospect had violated a number of terms from a 2021 agreement with his office that was meant to ensure, at least through 2026, the operation of […]
Posted inHealth, Local, Politics
Offer to turn two Rhode Island hospitals into nonprofits poses more uncertainty
Jo-Ellen Paterno lives with her husband, Paul, and three children in Warwick. “I’m a school teacher by trade,” Paterno said during an interview in her home. “I’ve been a physical education teacher for about 24 years.” Two years ago, during the summer of 2022, Parterno added a new title: cancer patient. After considering her options […]
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 […]
Posted inBusiness, Health, Local
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 […]
