Delays in the sale of Roger Williams Medical Center and Our Lady of Fatima Hospital, have led the owner of both hospitals to propose two new alternatives: transferring the facilities to state ownership, or closing them.

In a motion filed in federal bankruptcy court Thursday, attorneys for Prospect Medical Holdings sought court permission for its new backup plan. The LA-based hospital chain operator, which filed for Chapter 11 bankruptcy in January, had hoped to onload its Rhode Island facilities onto a new, nonprofit owner. But prospective buyer The Centurion Foundation still can’t sell the bonds needed to finance its purchase, and Prospect has had enough. PBN Branded Content

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