Prime Healthcare Announces Resignation of CEO Lex Reddy
On Thursday, California-based hospital chain Prime Healthcare Services announced that Lex Reddy has resigned from his post as Prime's president and CEO and that Prem Reddy, Prime's owner and board chair, will serve as interim CEO. The notice comes as the FBI and state legislators are investigating the company's billing practices.
- "Prime Healthcare CEO Abruptly Steps Down" (Jewett, California Watch, 2/23).