Rhode Island bill provides $18 million in funding to support the sale of Roger Williams Medical Center and Our Lady of Fatima Hospital to CharterCARE.
The Rhode Island bill allocates $18 million from the supplemental state budget reserve account to support the sale of Roger Williams Medical Center and Our Lady of Fatima Hospital to CharterCARE Health of Rhode Island, Inc. This funding aims to ensure the financial viability of these essential community hospitals, which provide critical healthcare services to large uninsured or governmentally insured populations.
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