PROSPECT MEDICAL HOLDINGS INC. has entered into an agreement with nonprofit Centurion Foundation for Centurion to acquire CharterCARE Health Partners, which owns several hospitals in the state including Our Lady of Fatima Hospital in North Providence. / COURTESY OUR LADY OF FATIMA HOSPITAL
PROVIDENCE – Atlanta-based The Centurion Foundation is set to acquire the CharterCARE Health Partners system and turn it into a nonprofit again. The nonprofit Centurion Foundation has entered into an asset purchase agreement with Prospect Medical Holdings Inc., which owns CharterCARE Health Partners, to acquire the system’s operations and assets, CharterCARE announced on Tuesday. The…