Prime Healthcare Services to Purchase St. Mary's Hospital
According to the release, Prime Healthcare will make a significant investment in order to financially stabilize St. Mary's, allowing it to continue its mission to serve individuals living in Passaic and the surrounding communities.
However, the purchase must be approved by the New Jersey Department of Health as well as the state's Attorney General before it is final.
More Articles on Hospital Acquisitions:4 Tips for Hospital Merger & Acquisition Success
UCSF Medical Center and Children's Hospital & Research Center Oakland Sign Letter of Intent
Vanguard Health Systems, Bristol Hospital Sign Letter Of Intent for Acquisition
© Copyright ASC COMMUNICATIONS 2012. Interested in LINKING to or REPRINTING this content? View our policies by clicking here.
To receive the latest hospital and health system business and legal news and analysis from Becker's Hospital Review, sign-up for the free Becker's Hospital Review E-weekly by clicking here.
New from Becker's Hospital Review