March 3, 2025- Prime Healthcare has acquired eight Ascension hospitals, four senior living and post-acute care facilities, and various physician practices in Illinois. This marks a significant expansion into the Greater Chicago area.
Commitment to Community Care: Prime Healthcare has committed to maintaining high-quality services and has pledged to invest $250 million in upgrading facilities, technology, and services. They also plan to preserve charity care programs for vulnerable populations.
Approval and Support: The acquisition received unanimous approval from the Illinois Health Facilities and Services Review Board, along with endorsements from the Archdiocese of Chicago and the Vatican, ensuring the continuation of Catholic traditions at the hospitals.
National Recognition: Prime Healthcare is known for revitalizing struggling hospitals. The company operates 51 hospitals across the U.S., and the acquisition of these facilities is part of their broader mission to improve healthcare access and quality nationwide.
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