Prime Healthcare acquires Ohio hospital

Prime Healthcare Foundation, the nonprofit affiliate of Ontario, Calif.-based Prime Healthcare Services, has acquired 56-bed Coshocton (Ohio) County Memorial Hospital.

Advertisement

With the transaction complete, the hospital has been renamed Coshocton Regional Medical Center.

The hospital, which has faced financial troubles, filed for Chapter 11 bankruptcy earlier this year. Prime has agreed to make significant investments in the hospital’s equipment and infrastructure over the next five years.  

With the addition of Coshocton Regional Medical Center, Prime Healthcare owns 44 hospitals, 12 of which are members of the Prime Healthcare Foundation.

More articles on healthcare industry transactions:

IU Health to expand reach with new hospital management contract
HCA inks $750M deal to sell Oklahoma hospitals
Shuttered NC hospital accepts Duke LifePoint’s proposal

Advertisement

Next Up in Transactions & Valuation Issues

  • Scottsdale, Ariz.-based HonorHealth wrapped its acquisition of 11 Evernorth Care Group locations Jan. 2. Evernorth is a subsidiary of The…

  • Four hospital mergers and affiliations took effect Jan. 1, marking a busy start to 2026 for healthcare consolidation. Here are…

Advertisement

Comments are closed.