RI May Back $18M Guarantee for Roger Williams, Fatima Sale; Rival Bids Sought

R.I. leaders prepare to put up taxpayer money to keep Roger Williams and Fatima hospitals open • Rhode Island Current

The state will be keeping options open for other buyers if The Centurion Foundation can’t close on Roger Williams Medical Center in Providence, shown, or Our Lady of Fatima in North Providence, by Feb. 27. (Photo by Michael Salerno/Rhode Island Current)One day before the clock runs out on the pending sale of Roger Williams Medical Center and Our Lady of Fatima Hospital, state leaders agreed to give prospective buyer The Centurion Foundation the …

RI may back $18M guarantee for Roger Williams, Fatima sale; rival bids sought

Rhode Island leaders on Thursday took a series of new steps aimed at ensuring the sale of Roger Williams Medical Center and Fatima Hospital, opening the door to a potential $18 million taxpayer backstop for a deal.