Ontario, Calif.-based Prime Healthcare completed the purchase of Lower Bucks Hospital in Bristol, Pa.
Prime announced the potential purchase — its second in Pennsylvania — in August.
According to the deal, Prime will maintain all services — including the emergency department — of Lower Bucks Hospital, invest at least $10 million for needed capital improvements and hire all employees as well as maintain collective bargaining agreements. Prime will also form a local governing board with medical staff and community leaders, assume all healthcare contracts and liabilities and maintain the same level of charity care for indigent and low-income patients going forward, according to the release.
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Prime announced the potential purchase — its second in Pennsylvania — in August.
According to the deal, Prime will maintain all services — including the emergency department — of Lower Bucks Hospital, invest at least $10 million for needed capital improvements and hire all employees as well as maintain collective bargaining agreements. Prime will also form a local governing board with medical staff and community leaders, assume all healthcare contracts and liabilities and maintain the same level of charity care for indigent and low-income patients going forward, according to the release.
More Articles on Prime Healthcare Purchases:
Prime Healthcare to Buy Lower Bucks Hospital in PennsylvaniaPrime Healthcare Signs Deal With Landmark Medical Center
Prime Healthcare Services Acquires Dallas Medical Center