CharterCARE Health Partners

What CharterCARE Health Partners does

CharterCARE Health Partners is a nonprofit regional coordinated healthcare network headquartered in Providence, Rhode Island, operating as CharterCARE Health of Rhode Island following the March 2026 acquisition by the Atlanta-based Centurion Foundation from bankrupt Prospect Medical Holdings. The network is anchored by two acute care hospitals — Roger Williams Medical Center (a 220-bed Boston University School of Medicine teaching affiliate) and Our Lady of Fatima Hospital (a North Providence community hospital founded in 1950) — combining approximately 500 beds and 2,400 employees under a $330M annual operating budget.

The network provides over 40 clinical service lines spanning cancer care (including Rhode Island's only bone marrow transplant and CARVYKTI CAR T-cell therapy program), orthopedics, gastroenterology, behavioral health, cardiology, emergency medicine, sleep medicine, hyperbaric wound care, rehabilitation, and bariatric surgery, delivered through the two hospitals, Southern New England Rehabilitation Center, Blackstone Valley Surgicare (outpatient), St. Joseph Health Center (primary care, ~100,000 visits/year), CharterCARE Medical Associates (group practice), and the CharterCARE Provider Group IPA of 500+ physicians. Academically anchored graduate medical education programs — Internal Medicine Residency, Podiatry, Pulmonary, Rheumatology, and Complex General Surgical Oncology fellowships plus Schools of Medical Technology and Cytology — feed the physician pipeline.

Revenue is generated on a fee-for-service basis from patient care services, with payor mix presumed to skew heavily toward Medicare, Medicaid, and commercial insurers given the safety-net designation. The business is geographically concentrated in Rhode Island (Providence, North Providence, Johnston, Pawtucket) and economically dependent on hospital price transparency compliance, Joint Commission accreditation maintenance, and approximately 80 state-imposed regulatory conditions tied to the recent ownership transfer. Strategic differentiation rests on safety-net mission, academic medical center capabilities delivered at community-hospital scale, and category-of-one specialty positions such as Rhode Island's sole bone marrow transplant program.

Name

CharterCARE Health Partners

Legal name

CharterCARE Health Partners

Website

https://chartercare.org

Company type

Private

Founded year

1950

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

CharterCARE Health Partners is a nonprofit regional healthcare network in Rhode Island, anchored by Roger Williams Medical Center and Our Lady of Fatima Hospital (~500 beds, 2,400 staff, $330M budget), delivering acute care, oncology, rehabilitation, and primary care across Providence-area communities under new nonprofit ownership since March 2026.

Ownership category

akta.pro rank

Product category

Acute Care Hospital Services

NAICS

General Medical and Surgical Hospitals (6221), Nursing and Residential Care Facilities (623), Home Health Care Services (621610), Ambulatory Health Care Services (621)

SIC

Services-Hospitals (8060), Services-General Medical & Surgical Hospitals, Nec (8062), Services-Home Health Care Services (8082)

akta.pro primary industry

Community & Regional General Hospitals (HLAFAAAB)

akta.pro secondary industry

Hospital-Integrated Cancer Centers (Acute Oncology Programs) (HLAFAAAM)

Keywords

• Acute care hospital services
• Cancer treatment programs
• Rehabilitation services
• Primary care clinics
• Outpatient surgery centers

Headquarters

HQ city

Providence

HQ country

United States

HQ region

North America

Offices5 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales, Supply Chain

Revenue model

1. Patient Care Services: Acute care hospital services including emergency medicine, inpatient care, surgical services, cancer treatment, and outpatient services. Operates under nonprofit governance with $330 million annual budget.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels6 records

Core offering

CharterCARE Health Partners operates a regional coordinated healthcare network anchored by two acute care hospitals — Roger Williams Medical Center and Our Lady of Fatima Hospital — delivering inpatient, emergency, surgical, cancer, rehabilitation, behavioral health, primary care, and specialty services across Rhode Island. The network also operates a freestanding outpatient surgery center, a primary care clinic network handling nearly 100,000 annual visits, an IPA with 500+ physicians, and home health services. Notable specialty capabilities include the state's only bone marrow transplant and CAR T-cell therapy program and an Academic Comprehensive Cancer Center affiliated with Boston University School of Medicine.

Product overview

CharterCARE Health Partners is a regional coordinated healthcare network anchored by Roger Williams Medical Center and Our Lady of Fatima Hospital, supplemented by the Roger Williams Cancer Center (the state's only bone marrow transplant program), Southern New England Rehabilitation Center, Blackstone Valley Surgicare outpatient surgical center, St. Joseph Health Center primary care clinics, CharterCARE Medical Associates group practice, and the CharterCARE Provider Group IPA with over 500 physicians. The network also includes Home Health Services, an online patient portal (MYCARE Info Portal), and online bill payment. Offering over 40 clinical service lines across cancer care, orthopedics, emergency services, behavioral health, and more, plus medical education programs including Schools of Medical Technology and Cytology, multiple residency programs, and fellowship programs in Internal Medicine, Podiatry, Pulmonary Diseases, Rheumatology, and Surgical Oncology.

Differentiator

Problem solved

Functional benefit

Products and services

• Roger Williams Medical Center

Quantifiable outcome

• Top 38% national hospital ranking by US News and World Report with High Performing ratings in two clinical areas
• +2 more outcomes

Named customers3 records

Segments2 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Three partnerships are on record, tiered minor and core.

• Prospect Medical HoldingsminorOthers · 1 January 2025Former parent company of CharterCARE hospitals that filed for Chapter 11 bankruptcy in early 2025. Private equity majority stakeholder Leonard Green was accused of financial and operational mismanagement. Owes $3 billion to creditors.
• Boston University School of MedicinecoreStrategic or Co-development PartnerAcademic affiliation with Boston University School of Medicine allows training of physicians and access to clinical trials. Roger Williams Medical Center is a major Boston University teaching hospital. Multiple residency and fellowship programs operate through this affiliation.
• 21st Century OncologyminorStrategic or Co-development PartnerProvides radiation oncology services in partnership with Roger Williams Medical Center. Leaders in development of radiation therapy and specialized centers nationwide.

Scale indicators5 records

Recent moves8 records

Expansion highlights5 records

Others

• CharterCare Provider Group of Rhode Island: CharterCARE's own 500+ physician IPA — illustrates the captive physician network model and contracting unit comparable to employed-physician networks at other regional systems.

Broad incumbents

• Steward Health Care: PE-backed community and safety-net hospital operator with comparable scale and bankruptcy-driven ownership transitions. Serves as a benchmark for PE-stripped regional hospital operating models.
• Trinity Health: Catholic nonprofit health system operating 80+ hospitals across the U.S. Comparable Catholic-affiliated community hospital mix and nonprofit safety-net operating model to CharterCARE's Fatima Hospital.
• HCA Healthcare: Largest U.S. for-profit hospital operator; provides a benchmark for operating leverage, capital structure, and scale economics in regional acute care markets.
• Tenet Healthcare: Large for-profit hospital operator with extensive community and specialty hospital assets. Comparable ambulatory surgery (USPI) and regional hospital portfolio strategy.
• Prospect Medical Holdings: Former private-equity-backed for-profit hospital operator and prior owner of CharterCARE hospitals. Comparable multi-state community hospital portfolio model and PE-driven capital structure.

Direct peers

• Care New England: Rhode Island-based nonprofit health system operating Kent Hospital, Women & Infants, and Butler Hospital. Competes head-to-head with CharterCARE for the same regional patient population and physician talent.
• Lifespan: Rhode Island's largest nonprofit health system operating Rhode Island Hospital, Miriam Hospital, and Newport Hospital. Directly competes with CharterCARE for inpatient, outpatient, and tertiary referrals across the same Providence-area geography.
• Boston Medical Center: Boston University School of Medicine primary teaching affiliate sharing academic and clinical program infrastructure with Roger Williams Medical Center. Closest peer for academic safety-net hospital operations.

Regional players

• Southcoast Health: Nonprofit regional health system serving southeastern Massachusetts and Rhode Island's neighboring markets. Comparable regional community-hospital footprint and integrated ambulatory network model.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat6 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/chartercare_RI
• YouTubeyoutube.com/channel/UCHQ_eYXb90Gf9mHZYxRaB8g
• Facebookfacebook.com/CharterCAREHealthPartners
• LinkedInlinkedin.com/company/chartercare-health-partners
• Instagraminstagram.com/chartercare

Compliance23 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles23 records

Subsidiaries8 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about CharterCARE Health Partners