Today, this Office – having concluded an exhaustive, year-long review of the proposed transaction in accordance with the Hospital Conversion Act – was prepared to issue a detailed decision approving the proposed transaction by the owners of Roger Williams Medical Center and Our Lady of Fatima Hospital involving a change of ownership, but only with strong conditions absolutely and unquestionably necessary to ensure the continuity of healthcare services and operations at the hospitals for at least five years, said Neronha. Those conditions included financial security in an amount necessary to cover ongoing operating expenses and necessary capital investments, increased commitment to charity care, maintaining current service and staffing levels, and close financial monitoring, among others,” he added.GET THE LATEST BREAKING NEWS HERE SIGN UP FOR GOLOCAL FREE DAILY EBLAST
Owner threatens to close Roger Williams Medical, Fatima Hospital
Los Angeles-based Prospect Medical Holdings, the for-profit parent company of CharterCARE Health Partners, is taking issue with the state attorney generalâs conditions in regulatory review
By Alexa Gagosz Globe Staff,Updated April 29, 2021, 4:07 p.m.
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Rhode Island Attorney General Peter NeronhaEdward Fitzpatrick
PROVIDENCE â The owner of Roger Williams Medical Center in Providence and Our lady of Fatima Hospital in North Providence is threatening to shut down the two facilities after a dispute with Attorney General Peter Neronha.
Los Angeles-based Prospect Medical Holdings, the for-profit parent company of CharterCARE Health Partners, has had majority stake in the two hospitals for the last seven years.
Lifespan, Care New England file merger application NBC 10 NEWS
The merger between Lifespan and Care New England takes another step forward.
Lifespan and CNE said Monday that they will file the Hospital Conversion Act application with the state Department of Health and the state attorney general s office.
Earlier this month, Lifespan and Care New England submitted paperwork to the Federal Trade Commission.
Lifespan’s network includes Rhode Island, Miriam, Hasbro, Newport and Bradley hospitals. Care New England operates Women & Infants, Kent and Butler hospitals. The Warren Alpert Medical School is part of Brown.
A combination of Lifespan and Care New England has been talked about for years, but never came to fruition.
The key contract details for URIâs new president
Marc Parlange will be paid $500,000 and receive a host of other benefits during his first year at the public institution
By Dan McGowan Globe Staff,Updated April 27, 2021, 1 hour ago
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A sign on the campus of the University of Rhode Island, in South Kingstown, R.I., Wednesday, July 1, 2020. (AP Photo/Steven Senne)Steven Senne/Associated Press
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LEADING OFF
Happy Tuesday and welcome to Rhode Map, your daily guide to everything happening in the Ocean State. Iâm Dan McGowan and I might have treated myself to ice cream when I heard that we were keeping a congressional seat. Follow me on Twitter
Lifespan, Care New England seek regulators approval to merge thepublicsradio.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thepublicsradio.org Daily Mail and Mail on Sunday newspapers.