Prime urged to keep California hospitals open 10 years

By Associated Press  |  December 26, 2014

California regulators should condition the sale of six not-for-profit Catholic hospitals on a commitment to keep the facilities open for 10 years, a state-commissioned consultant recommended.

The man behind the nation's fastest-growing hospital chain

The man behind the nation's fastest-growing hospital chain

By Beth Kutscher  |  November 29, 2014

Prem Reddy of Prime Healthcare Services draws fire for wrangling with insurers, shucking unprofitable service lines, using aggressive coding, slashing overhead and fighting unions. Yet his bids for failing systems keep on winning.

Iasis' results improve as it adds health plan, acute-care patients

By Beth Kutscher  |  November 21, 2014

Iasis Healthcare reported $5.2 million in income in the fourth quarter of its fiscal 2014 as it booked more revenue and saw more patients in both its acute-care and health plan businesses. That compares to a $3.6 million loss during the same period last year.

Prime adds to buying streak with CHS hospital in Texas

By Beth Kutscher  |  November 18, 2014

Prime Healthcare Services has entered into a deal to buy another hospital from Community Health Systems, the second this month. The Ontario, Calif.-based chain will buy 85-bed Dallas Regional Medical Center in Mesquite, Texas.

Prime Healthcare and Daughters of Charity deal faces scrutiny

By Beth Kutscher  |  October 30, 2014

More details were revealed Wednesday about Prime Healthcare Services' proposed acquisition of Daughters of Charity Health System as the parties submitted their takeover application to the California attorney general.

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