The Centurion Foundation - Providence Business News

MONEY MATTERS: Brown University Health is using a portion of the funds raised in a $300 million bond issue last year to finance a Miriam Hospital renovation project that will include a new emergency department. The rendering shows what the completed $125 million project will look like.  COURTESY THE MIRIAM HOSPITAL

Health care bond use grows nationally, but uncertainty looms for R.I....

Financial Services 06/06/2025

As health systems’ balance sheets and labor forces are stabilizing, the health care bond market has rebounded. But uncertainty still reigns for Rhode Island...

More than half of R.I. hospitals earn ‘A’ safety grade from...

Health Services 05/04/2025

PROVIDENCE – Rhode Island has been ranked as No. 2 in the country for patient safety by The Leapfrog Group. More than half the hospitals...

RIHEBC approves up to $165M in bonds for sale of Fatima,...

Health Services 04/04/2025

PROVIDENCE – A quasi-public state funding group moved forward with bond issuances that are crucial to financing the sale of two cash-strapped hospitals. On Thursday,...

Federal bankruptcy court approves sale of Prospect’s R.I. hospitals

Health Services 02/12/2025

PROVIDENCE – The sale of Prospect Medical Holdings Inc.’s two Rhode Island hospitals cleared a crucial hurdle Wednesday, earning approval from a federal bankruptcy...

R.I. health care leaders urge federal bankruptcy judge to expedite sale...

Economic Activity 01/27/2025

An assortment of Rhode Island’s hospital leaders banded together Jan.22 in pleading for a federal bankruptcy judge to expedite approval of the sale of...

Legislators concerned about fate of Roger Williams, Fatima in wake of...

Government 01/19/2025

PROVIDENCE – Several lawmakers in the R.I. House of Representatives are raising concerns about the fate of Roger Williams Medical Center and Our Lady...

Bankruptcy judge grants Prospect access to $100M in loans

Economic Activity 01/15/2025

PROVIDENCE – Days after filing for bankruptcy, the owner of two safety net hospitals in Rhode Island was granted access to up to $100...

Prospect Medical files for bankruptcy, sale of 2 R.I. hospitals expected...

Economy 01/13/2025

PROVIDENCE – The owner of two safety net hospitals in Rhode Island has filed for bankruptcy, though state and company officials expect them to...

PROSPECT MEDICAL Holdings, which is in the process of selling Roger Williams Medical Center and Our Lady of Fatima Hospital, shown above, announced Friday it is is unloading businesses across the country, including its Rhode Island accountable care organization. / PBN FILE PHOTO/MICHAEL SALERNO

Prospect sells R.I. medical group, other assets, to California-based company

Health Services 11/13/2024

PROVIDENCE – Prospect Medical Holdings announced Thursday that it is unloading businesses across the country, including its Rhode Island accountable care organization. Prospect Health Services...