Pennsylvania Hospitals Become Nonprofit Joining Prime Healthcare Foundation
Prime Healthcare, one of the nation’s leading health systems, has initiated plans for its two Pennsylvania hospitals to become nonprofit hospitals with ownership assumed by the Prime Healthcare Foundation, a 501(c)(3) public charity.
- Prime Healthcare, one of the nation’s leading health systems, has initiated plans for its two Pennsylvania hospitals to become nonprofit hospitals with ownership assumed by the Prime Healthcare Foundation, a 501(c)(3) public charity.
- This conversion, planned to take place in the summer of 2024, would make all Prime Healthcare hospitals in Pennsylvania nonprofit and create shared unity to address community needs under the Prime Healthcare Foundation.
- The transaction will result in Prime Healthcare Foundation owning and operating all three Pennsylvania hospitals of Prime Healthcare, including Suburban Community Hospital in East Norriton, PA.
- Established in 2006, the Prime Healthcare Foundation includes 14 hospitals in California, Texas, Ohio, Georgia, Pennsylvania, and Rhode Island.