Our Lady of Fatima Hospital and Roger Williams Medical Center in Rhode Island are not doing well but their proposed sale to The Centurion Foundation is less than straight forward. The Attorney General and Department of Health recently approved the sale, but not without dozens of stipulations. Time will tell if the sale goes through and, if it does, if it’s good for Rhode Islanders. I wrote about this in The Providence Journal earlier this week.
But the sale of Our Lady of Fatima Hospital and Roger Williams Medical Center doesn’t fit into the nice, clean “mergers and acquisitions are bad” box. It’s neither an excellent decision nor a terrible decision for Rhode Island. What it is is complicated.
Read the full piece here.
Research for this article was supported by Arnold Ventures.
