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Will Prime's M&A momentum be stalled by federal lawsuit?

Will Prime's M&A momentum be stalled by federal lawsuit?

By Lisa Schencker  |  May 28, 2016

The federal government has now thrown its weight behind long-circulated allegations that part of Prime Healthcare Services' turnaround strategy is to drive up revenue by leaning hard on doctors to admit more patients. But that may not stop the chain from snapping up more troubled hospitals.

Feds jump into whistle-blower lawsuit against Prime

Feds jump into whistle-blower lawsuit against Prime

By Lisa Schencker  |  May 24, 2016

The Justice Department has joined a whistle-blower's lawsuit against Prime Healthcare alleging the hospital chain fraudulently billed Medicare for beneficiaries admitted as inpatients when they should have been treated as outpatients.

Prime takes the backburner in Petaluma Valley deal talks

By Beth Kutscher  |  April 30, 2016

Petaluma Valley Hospital in California's Sonoma County suspended talks last week with Prime Healthcare Services while it attempts to solidify a deal with first-choice buyer St. Joseph Health.

Prime Healthcare ordered to recognize union contract

By Michael Sandler  |  February 19, 2016

SEIU filed a complaint with the National Labor Relations Board stating Prime had agreed to a 2014 contract only in order to gain the union's approval of its proposed acquisition of the Los Altos Hills, Calif.-based Daughters of Charity system.

Fast-growing Prime Healthcare closes four deals

By Melanie Evans  |  February 02, 2016

Prime Healthcare completed its acquisition of a Florida hospital, and its not-for-profit affiliate acquired another three hospitals across three states.

SEIU membership in Calif. grows with Kindred staffers

By Maria Castellucci  |  December 28, 2015

More than 220 employees at Kindred Hospital La Mirada in California voted to join the Service Employees International Union. The SEIU's growing membership is trying to raise California's minimum wage to $15 an hour and fully fund Medi-Cal, the state's Medicaid program.

Daughters of Charity system finally closes on a deal

Daughters of Charity system finally closes on a deal

By Melanie Evans  |  December 19, 2015

Daughters of Charity Health System's long, fraught search for a buyer has ended. BlueMountain Capital Management closed on a deal last week for the failing six-hospital system, now named Verity Health System.

Daughters of Charity finally closes on a deal

Daughters of Charity finally closes on a deal

By Melanie Evans  |  December 14, 2015

Daughters of Charity Health System's fraught search for a buyer has ended. BlueMountain Capital Management has closed on a deal for the failing six-hospital system, now named Verity Health System.

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