Nonprofit prepares to close on purchase of Roger Williams, Fatima hospitals

After a yearslong effort, sale of two R.I. hospitals expected to close March 6

After a yearslong effort to sell two Rhode Island hospitals, the Centurion Foundation - a Georgia-based nonprofit - secured sufficient funding on Wednesday to finance the purchase of the Roger Williams Medical Center in Providence and Our Lady of Fatima Hospital in North Providence.The foundation received signed bond purchase agreements of over $100 million in financing, R.I. Attorney General Peter Neronha P'19 P'22, Gov. Dan Mckee, the Rhode Is…

Nonprofit prepares to close on purchase of Roger Williams, Fatima hospitals

The state has officially approved the sale of Roger Williams Medical Center and Our Lady of Fatima Hospital to Centurion Foundation.

After years of delays, Centurion could finally acquire two struggling R.I. hospitals - The Boston Globe

The deal could close sometime on March 6.

Centurion signs financing agreements to buy Roger Williams and Fatima hospitals

The Centurion Foundation secured financing needed to buy Roger Williams Medical Center in Providence, shown, and Our Lady of Fatima Hospital in North Providence from bankrupt owner Prospect Medical Holdings on Thursday, Feb. 26, 2026. But another week will be needed to close on the deal. (Photo by Michael Salerno/Rhode Island Current)The Centurion Foundation has secured the private investor-backed bonds needed to cement its purchase of Roger Wil…