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Brown University, Prospect announce agreement on joint proposal regarding Care New England

Prospect Medical Holdings, the corporate parent of CharterCARE Health Partners, and Brown University today announced that they have agreed on a joint proposal to acquire Care New England. Prospect looks forward to working collaboratively with the University, physicians, elected officials and the community to help ensure all Rhode Islanders continue to have access to high quality, locally directed healthcare. The significant investments Prospect has made in our facilities, technology, and people in Rhode Island  - more than $70 million in capital over the last three years - reflect our strong continued commitment to the state and its healthcare system.