CHS to sell Florida hospital to Prime

By Beth Kutscher  |  September 21, 2015

Community Health Systems, Franklin, Tenn., is selling 88-bed Lehigh Regional Medical Center in Lehigh Acres, Fla., to Prime Healthcare Services.

New Jersey hospital hopes bankruptcy will expedite sale to Prime

By Beth Kutscher  |  August 12, 2015

St. Michael's Medical Center, a Trinity Health hospital in Newark, N.J., filed for bankruptcy protection this week. The hospital has been waiting since February 2013 for the state to approve its controversial deal with Prime Healthcare Services.

Capella sale to REIT shows hospitals seek to monetize real estate

Capella sale to REIT shows hospitals seek to monetize real estate

By Beth Kutscher  |  August 01, 2015

The sale of Capella Healthcare to a real estate investment trust heralds more deals to come between hospital operating companies and REITs as more providers realize it's time to cash in on their rich real estate portfolios, analysts say.

Prime issues $700 million in debt as growth continues

By Beth Kutscher  |  July 20, 2015

Prime Healthcare Services is shoring up its balance sheet for more takeovers. The Ontario, Calif.-based company plans to issue $700 million in new debt that will fund previously announced deals.

Court approves sale of N.J. system to Prime

By Modern Healthcare  |  June 27, 2015

A New Jersey court gave final regulatory clearance for the sale of three-hospital St. Clare's Health System, Denville, N.J., to for-profit hospital chain Prime Healthcare Services.

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