Officials say Roger Williams Medical Center and Our Lady of Fatima Hospital are operating, but the state’s health care system does not have the capacity to absorb their patients if they were forced to close.
Gov. Dan McKee will deliver his fourth State of the State address at 7 p.m. on Tuesday in the Rhode Island State House. The State of the State is an annual address delivered before the General Assembly and other high-profile luminaries, and aired on Capitol TV. It's typically the governor's highest-profile speech of the year.
Prospect Medical Holdings has filed for bankruptcy and plans to restructure, maintaining patient services during the process.
In a statement, the company said specifically it was looking to expedite the sales of Roger Williams and Our Lady of Fatima medical centers.
In an initial filing seeking Chapter 11 protections, Prospect Medical Holdings, which owns facilities in California, Pennsylvania, Rhode Island, and Connecticut, listed debts of more than $400 million. In a press release announcing its restructuring, the company said it would continue to operate as normal.
The company has two hospitals in Rhode Island caring for thousands of the state’s most vulnerable patients. Here are answers to questions from patients and observers about how to navigate the bankruptcy.
In a series of coordinated efforts, the ACI Investigations Unit and associated task forces executed multiple arrests on January 16. Beth Kores, 59, of Richmond, Rhode Island, was apprehended for her second offense of violating a no-contact order.
The lawsuit accused Prospect Medical Holdings, Inc. of mismanaging and neglecting the Crozer Health System, resulting in closures of facilities and a shattered network of care for hundreds of thousands of Pennsylvanians.
The Rhode Island Department of Business Regulation and 47 other state agencies are set to receive their part of an $80 million fine agreed to by Block, Inc., operator of Cash App.
David Green scored 22 points to lead the Rhode Island Rams and Sebastian Thomas knocked down the game-winning 3-pointer with one second left as the Rams took down the Davidson Wildcats 92-90 on Saturday.
BOTTOM LINE: Harsimran Kaur and Rhode Island take on Megan McConnell and Duquesne on Sunday. The Dukes are 8-3 in home games. Duquesne scores 76.8 points while outscoring opponents by 9.7 points per game. The Rams are 3-2 in A-10 play. Rhode Island has a 0-2 record in one-possession games.
The health system's financial unraveling has similarities to the much-maligned collapse by Steward Health Care. The spotlight on private equity ownership in healthcare is burning even brighter after Prospect Medical Holdings' descent.