Ontario, Calif.-based Prime Healthcare has completed its acquisition of Franciscan Health Olympia Fields (Ill.), a Prime spokesperson confirmed to Becker’s May 8.
Olympia Fields, a 214-bed hospital, is Prime’s ninth in Illinois and 55th overall. In March 2025, the health system acquired eight Illinois facilities from St. Louis-based Ascension. Prime said that in the first year of ownership, it invested more than $104 million in the eight hospitals to enhance clinical care and operations, modernize infrastructure and expand service lines.
Prime Healthcare entered an agreement in January to acquire Olympia Fields and Specialty Physicians of Illinois from Mishawaka, Ind.-based Franciscan Alliance. Prime said it plans to offer jobs to “substantially all employees” at Olympia Fields.
Prime’s acquisition of the hospital comes after the Illinois Health Facilities and Services Review Board approved the deal in April.
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