Prospect 2 Rhode Island hospital sale gets state DOH approval, more requirements added
Becker's Healthcare June 21, 2024
The Rhode Island department of health has conditionally approved the application for Los Angeles-based Prospect Medical Holdings to sell its two safety net state hospitals to The Centurion Foundation, according to a June 20 news release shared with Becker’s.
Rhode Island Attorney General Peter Neronha also approved the sale of the two hospitals, Our Lady of Fatima Hospital in North Providence, R.I., and Roger Williams Medical Center in Providence, on June 20, which included 40 unique conditions.
Prospect’s Providence, R.I.-based CharterCare Health Partners owns and operates the hospitals.
Below are five things to know about some of the conditions Prospect and Centurion, a nonprofit, Atlanta-based organization, must meet under the state DOH’s approval:
1. Centurion must ensure...