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The Centurion Foundation Submits Hospital Conversion Act Application to Purchase CharterCARE from Prospect Medical

A Message to the Rhode Island Community

Who Is Affected By This?

Under the APA, Centurion is to purchase assets and operations associated with:

What You Need To Know

The agreement includes the hospitals’ related businesses, real estate assets, CCHP Health Medical Group and the associated assets, ambulatory centers, medical office buildings, physician clinics and ancillary outpatient services.

Prospect will continue to own and operate the value-based care business in Rhode Island consisting of Prospect Provider Group, an independent physician association (IPA), and Prospect Health Services of Rhode Island, which serves 72,000 members through its nearly 500 physicians and other providers in the IPA. Prospect will also continue to work closely with CCCHP and its hospitals and ancillary entities.

Becoming A Non-Profit Health System

Centurion will seek regulatory approval to return CharterCARE to a non-profit status. Centurion’s mission is to ensure that all its health care holdings pursue charitable missions in their communities

Value to the Community

The stresses of the COVID-19 pandemic have demonstrated the importance of CCHP’s hospitals as vital access points for care in the communities we serve. this experience has highlighted the importance to the Rhode Island Community of maintaining the vitality of the CCHP hospitals.


We believe at this time that the benefits created through an affiliation will help to restore the organizational vitality of CCHP and stabilize these important health care resources in our community.


CCHP’s highly experienced and talented workforce of 2,500 caregivers will be an asset to Centurion, as they’ve been to Prospect. 

Frequently Asked Questions

Looking For More Information?

For questions or media inquiries, please email obrown@chartercare.org