News

$165M in debt approved for sale of two hospitals. What comes next?
The proposed borrowing would clear the way for the beleaguered for-profit hospitals to be acquired by the nonprofit Centurion ...
Sale of Roger Williams, Fatima hospitals approved with conditions. Here's what they are
State Attorney General Peter Neronha and the Rhode Island Department of Health have approved the sale of Roger Williams ...
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Prospect Medical files for bankruptcy. Here's what it means for its two RI hospitals.
Prospect has been attempting to sell Roger Williams Medical Center in Providence and Our Lady of Fatima in North Providence since 2021, and after blocks from the state attorney general’s office ...
Valley Breeze6d
With hospital vote looming, funding to host communities in focus
There’s no reason, say two local mayors, that their communities can’t be made whole even as a deal goes down to save their ...
The Providence Journal4d
$165M in debt approved for sale of two hospitals. What comes next?
The bonds are rated BB- with a negative outlook by S&P Global Ratings and the sale of the hospitals comes as their for-profit owner Prospect Medical ... from Roger Williams this year and $4.5 ...