Chief Healthcare Executive March 3, 2025
Prime Healthcare says it has competed the $375 million deal to acquire eight Ascension hospitals in the Chicago area, along with four senior living facilities.
After several months of work to seal the deal, Prime Healthcare has established a presence in the Windy City.
Prime Healthcare, the for-profit system based in California, said it has completed its deal with Ascension to purchase eight hospitals in the Chicago area. As part of the transaction, Prime also is acquiring four senior living and post-acute facilities and a host of physician practices. The deal also includes two ambulatory surgery centers.
When Prime Healthcare announced the plans to acquire the Ascension facilities last July, the system said it was looking to secure a foothold...
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