The company that owns Our Lady of Fatima Hospital and Roger Williams Medical Center has filed for bankruptcy. The news came from court papers filed in Dallas. Rhode Island’s Attorney General, Peter Neronha, said the hospitals will keep running normally for now. He is ready to protect the hospitals and make sure they keep giving good healthcare to people in Rhode Island. Sen. Sheldon Whitehouse shared that private equity firms taking over hospitals can cause problems for patients and workers. Luckily, the process to change ownership of the hospitals was already happening, so any issues can be limited. Moving forward, it’s important to prioritize patients and workers over making money. This is an ongoing situation, and updates will be shared as more information comes out. Stay tuned to NBC 10 News for the latest updates.
Vocabulary List:
Bankruptcy /ˈbæŋ.krəpt.si/ (noun): A legal status of a person or entity that cannot repay the debts it owes.
Prioritize /praɪˈɔːrɪtaɪz/ (verb): To arrange or deal with in order of importance.
Healthcare /ˈhɛlθˌkɛr/ (noun): The organized provision of medical care to individuals or a community.
Equity /ˈɛkwɪti/ (noun): The quality of being fair and impartial in this context relating to financial ownership.
Ownership /ˈoʊnərʃɪp/ (noun): The act state or right of possessing something.
Ongoing /ˈɔːnˌɡoʊɪŋ/ (adjective): Continuing; still in progress.
Who filed for bankruptcy according to the court papers filed in Dallas?
Our Lady of Fatima Hospital
Roger Williams Medical Center
The company that owns both hospitals
Rhode Island's Attorney General
Who is committed to protecting the hospitals and ensuring good healthcare for people in Rhode Island?
Peter Neronha
Sen. Sheldon Whitehouse
Private equity firms
NBC 10 News
Who shared concerns about private equity firms taking over hospitals?
Peter Neronha
Sen. Sheldon Whitehouse
Rhode Island's Attorney General
Roger Williams Medical Center
What is the ongoing situation regarding the hospitals?
Lawsuit settlement
Change of ownership
Upcoming expansion
New management hiring
Who emphasized the importance of prioritizing patients and workers over profits?
Sen. Sheldon Whitehouse
Peter Neronha
Private equity firms
Court officials
Where did the news of the bankruptcy filing come from?
Court papers in Providence
Dallas court papers
Government press release
Hospital press release
The hospitals will cease operations due to bankruptcy filing.
Sen. Sheldon Whitehouse supports private equity firms taking over hospitals.
Rhode Island's Attorney General is concerned about the welfare of patients and workers.
The ownership change of the hospitals was already in progress before the bankruptcy filing.
NBC 10 News will provide updates on the situation as more information becomes available.
Peter Neronha is a private equity firm associated with the hospitals.
The process to change ownership of the hospitals was already happening, so any issues can be limited. Moving forward, it's important to prioritize and workers over making money.
The news of the bankruptcy filing came from court papers filed in .
Sen. Sheldon Whitehouse shared that private equity firms taking over hospitals can cause problems for and workers.
Rhode Island's Attorney General, Peter Neronha, is ready to protect the hospitals and make sure they keep giving good healthcare to people in Rhode Island. He prioritizes and workers over making money.
The ongoing situation regarding the hospitals is focused on the change of .
