Sale of Rhode Island hospitals approved, but with dozens of conditions
Chief Healthcare Executive June 22, 2024
Rhode Island officials have given conditional approval of the sale of Roger Williams Medical Center and Our Lady of Fatima Hospital, provided some key provisions are met.
Rhode Island officials have approved the sale of two hospitals, but they are requiring a host of stipulations in order to move forward with the deal.
The state’s attorney general’s office and health department have both attached conditions for Prospect Medical Holdings’ planned sale of the CharterCARE system to the Centurion Foundation. CharterCARE includes the Roger Williams Medical Center and Our Lady of Fatima Hospital.
Rhode Island Attorney General Peter F. Neronha said the sale would go forward if Prospect and Centurion meet a total of 40 conditions. Neronha says the conditions include...