Prospect Medical Holdings—an independent physician association—and the Centurion Foundation—a Georgia-based 501(c)(3) nonprofit dedicated to providing facilities for healthcare systems—have come to an agreement in which Centurion will acquire CharterCARE Health Partners—a Rhode Island-based health system—from Prospect for an undisclosed amount, Modern Healthcare reports.
The asset purchase agreement also includes CharterCARE’s related businesses, real estate assets, physician clinic operations, and outpatient services. The deal is subject to customary regulatory approvals, including reviews by the Rhode Island Department of Health and the Rhode Island Attorney General. Read more.
