- The Centurion Foundation has financially stabilized Roger Williams Medical Center and Our Lady of Fatima Hospital in Rhode Island and returned them to local nonprofit management through a bond-financed recapitalization exceeding $100M. The hospitals had been at risk of closure after their prior owner, Prospect Medical Holdings, filed for Chapter 11 bankruptcy in 2025.
- U.S. Senators Jerry Moran and Michael Bennet introduced the Rural Hospital Revitalization Act, which would allow eligible rural hospitals to apply for five-year, interest-free loans from the USDA to fund construction or renovation projects. The bill sets location, distance and financial stability requirements for eligibility and allows for a possible one-time loan renewal following a reassessment after the initial five-year term.
- North Carolina legislators are considering proposals that would limit or revoke certain tax exemptions for nonprofit hospitals, including exemptions from property and sales taxes, amid scrutiny of hospital finances and pricing practices. The measures would require hospitals to meet additional community benefit standards to retain tax-exempt status and could significantly affect hospital operating costs statewide.
- A New Mexico county lost over $2M after a phishing scam targeted payments for the construction of a new county‑owned hospital. The payment was intended as a progress payment to the contractor as part of a new 15-bed acute-care hospital project. Law enforcement is attempting to track down the funds, but in the meantime, the hospital is scheduled to open later in 2026.
- The University of California Board of Regents approved a $298M UCLA Health project to convert an El Segundo, CA building into an orthopedic and sports medicine facility with an ambulatory surgery center. Construction is expected to begin in 2027 and conclude in 2028.
- Cedars‑Sinai purchased a 10-acre retail complex in Los Angeles for $270M as a long‑term strategic acquisition located adjacent to its main medical campus. The health system said the property will remain in retail use for now while it evaluates future development options.
- Virginia regulators approved three competing hospital projects in Chesterfield County proposed by VCU Health, HCA Healthcare and Bon Secours, totaling approximately $672M in investment. The projects include two new hospitals and an expansion of an existing facility, collectively adding more than 150 licensed beds.
- Several health system CEOs recently said they are choosing to focus investment within their existing service areas rather than pursuing cross‑market expansion. Leaders from Scripps Health, Valleywise Health and Saint Francis Health System (Tulsa, OK) cited regulatory complexity, capital requirements and the need for geographic proximity to support clinical integration.
- Primary care and occupational health provider Marathon Health announced plans to open an advanced primary care clinic in the Philadelphia area to serve local employers and their employees under an employer-sponsored care model. The clinic, part of a broader $10M-15M strategy in Southeast Pennsylvania, will provide primary and preventive care services and is expected to open later this year.
- Touchette Regional Hospital plans to build a new replacement hospital in the Metro East area of St. Louis to modernize facilities and consolidate services. The project is planned to cost $231M and would include expanded behavioral health and specialty care.
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