Becker's Healthcare March 3, 2025
Ontario, Calif.-based Prime Healthcare completed its acquisition of eight Ascension hospitals and two ASCs in Illinois.
Here are five things to know:
1. Prime signed an asset purchase agreement with St. Louis-based Ascension to acquire the hospitals in July 2024 and secured approval for the purchase from the Illinois Health Facilities and Services Review Board on Dec. 17.
2. Along with the hospitals and ASCs, Prime is acquiring four senior living and post-acute facilities and several physician practices.
3. The eight hospitals being transferred to Prime Healthcare are:
- Ascension Holy...