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
At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.
