CharterCARE hospitals to receive $3 million in relief funds, but sale uncertainty looms large

Last Friday, Rhode Island Attorney General Peter Neronha P’19 P’22 announced that his office would designate up to $3 million to fund the operations of two struggling R.I. hospitals through the end of November.

The agreement was made with California-based Prospect Medical Holdings, the owner of regional health network CharterCARE Health Partners, and the funds will come from the Neronha-controlled $51 million Hospital Fund.

CharterCARE operates Our Lady of Fatima Hospital in North Providence and the Roger Williams Medical Center in Providence, which — as a result of the agreement — will now have enough money to remain open until the end of the month…

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