Calif.-Based Chain Acquires Florida Hospital In Latest Acquisition
Prime Healthcare has recently acquired three others, investing a total of $80 million in the four hospitals.
Fast-Growing Prime Healthcare Closes Four Deals
Prime Healthcare announced it completed it acquisition of a Florida hospital and its not-for-profit affiliate acquired another three hospitals across three states. The Ontario, Calif.-based chain has rapidly expanded and recently lined up $700 million in financing to fund more acquisitions. Its latest addition is Lehigh Regional Medical Center in Leigh Acres, Fla., an 88-bed hospital purchased from Community Health Systems. (Evans, 2/2)