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.
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.
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 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.
Some shaking was felt as far away as Rhode Island. More ISTOCK / GETTY IMAGES PLUS / USGS Several other "weak" tremors were reported in Connecticut, New York, and Pennsylvania, the USGS reports.
The overall average breast cancer incidence rate in the U.S. was 131.8 per 100,000 and the overall average breast cancer mortality rate was 19.3 per 100,000. Among women in the U.S., breast cancer accounts for 32% of all cancer cases and 14% of all cancer deaths, the report found.
Healthcare powerhouse, Prospect Medical, declares bankruptcy after a whopping $400 million debt. As they tend to shut half of their clinics, 12,600 people might lose their job and netizens are furious!