The California company that owns Fatima Hospital and Roger Williams Medical Center has agreed to sell them to an Atlanta-based nonprofit, the two groups announced.
Under the agreement, The Centurion Foundation would acquire from Prospect Medical Holdings the CharterCARE Health Partners system which, in addition to Roger Williams and Fatima, include Blackstone Valley Surgicare in Johnston, CharterCARE Medical Associates in Providence, CharterCARE Home Health Services in Providence, Roger Williams Cancer Center in Providence, Southern New England Rehabilitation Center in North Providence and St. Joseph Health & Dental Center in Providence.
The deal is subject to approval by the Rhode Island Department of Health and the Rhode Island Attorney General, which is often more than a formality, The Providence Journal reports.
In April, Prospect’s majority owner, a private equity firm named Leonard Green, abandoned plans to exit the company under pressure from Neronha. Read more.
