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Prime Healthcare to Buy Lower Bucks Hospital in Pennsylvania

Ontario, Calif.-based Prime Healthcare Services plans to acquire Lower Bucks Hospital in Bristol, Pa., according to a Philadelphia Inquirer report.

Prime Healthcare will spend at least $10 million for needed capital improvements at the hospital in addition to the $3 million in working capital finance it already made available to Lower Bucks, according to the report. In addition, all contracts, liabilities and union agreements will be honored going forward.

More Articles on Hospital Purchases:

Queen's Medical Center Finalizes Acquisition of Hawaii Medical Center-West
Cookeville Regional Med Center to Purchase Cumberland River Hospital for $6.75M
TriHealth Purchases Family Medical Group in Cincinnati

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