Lynwood, California

[UPDATED] Prime Healthcare Successfully Completes Historic Acquisition of St. Francis Medical Center

Retrieved on:

Friday, August 14, 2020

Lynwood, California, St. Francis Medical Center, Prime Healthcare Services, St. Francis Hospital, Hospitals, Health care, Health

Ontario, CA, Aug. 14, 2020 (GLOBE NEWSWIRE) -- Prime Healthcare announced yesterday that it has successfully completed the acquisition of St. Francis Medical Center, signaling a new era of service excellence and award-winning healthcare for an essential medical facility in Los Angeles County.

Key Points:

Ontario, CA, Aug. 14, 2020 (GLOBE NEWSWIRE) -- Prime Healthcare announced yesterday that it has successfully completed the acquisition of St. Francis Medical Center, signaling a new era of service excellence and award-winning healthcare for an essential medical facility in Los Angeles County.
Prime Healthcare is honored to continue the legacy of St. Francis Medical Center, an indispensable community partner comprised of committed doctors, nurses, and staff dedicated to saving lives and serving all those in need, said Sunny Bhatia, MD, CEO of Region I of Prime Healthcare.
With the acquisition of St. Francis Medical Center by Prime Healthcare, our community can be confident that St. Francis Medical Center will always be available for them when they need us, said Maxine Anderson, MD, St. Francis Chief of Staff.
With the addition of St. Francis Medical Center, Prime Healthcare owns and operates 46 hospitals in 14 states with nearly 40,000 employees and physicians.

[UPDATE] California Attorney General Grants Conditional Approval for Sale of St. Francis Medical Center to Prime Healthcare

Retrieved on:

Saturday, July 18, 2020

Verity Health System, Geography of California, California, Daughters of Charity Health System, St. Francis Medical Center, Seton Medical Center, Lynwood, California, Seton, Prime Healthcare Services

Lynwood, Calif., July 18, 2020 (GLOBE NEWSWIRE) -- Verity Health and St. Francis Medical Center announced today that the California Attorney General has conditionally approved Verity Healths application to transfer ownership of St. Francis Medical Center to Prime Healthcare.

Key Points:

Lynwood, Calif., July 18, 2020 (GLOBE NEWSWIRE) -- Verity Health and St. Francis Medical Center announced today that the California Attorney General has conditionally approved Verity Healths application to transfer ownership of St. Francis Medical Center to Prime Healthcare.
In early April, the U.S. Bankruptcy Court for the Central District of California in Los Angeles approved the Asset Purchase Agreement (APA) for the sale of St. Francis Medical Center to Prime.
The Attorney Generals approval includes conditions for the sale which Prime is currently reviewing.
Verity Health System operates St. Francis Medical Center in Los Angeles County, as well as Seton Medical Center and Seton Coastside, both in San Mateo County.

California Attorney General Grants Conditional Approval for Sale of St. Francis Medical Center to Prime Healthcare

Retrieved on:

Saturday, July 18, 2020

Verity Health System, Geography of California, California, Daughters of Charity Health System, St. Francis Medical Center, Seton Medical Center, Lynwood, California, Seton, Prime Healthcare Services

Lynwood, Calif., July 18, 2020 (GLOBE NEWSWIRE) -- Verity Health and St. Francis Medical Center announced today that the California Attorney General has conditionally approved Verity Healths application to transfer ownership of St. Francis Medical Center to Prime Healthcare.

Key Points:

Lynwood, Calif., July 18, 2020 (GLOBE NEWSWIRE) -- Verity Health and St. Francis Medical Center announced today that the California Attorney General has conditionally approved Verity Healths application to transfer ownership of St. Francis Medical Center to Prime Healthcare.
In early April, the U.S. Bankruptcy Court for the Central District of California in Los Angeles approved the Asset Purchase Agreement (APA) for the sale of St. Francis Medical Center to Prime.
The Attorney Generals approval includes conditions for the sale which Prime is currently reviewing.
Verity Health System operates St. Francis Medical Center in Los Angeles County, as well as Seton Medical Center and Seton Coastside, both in San Mateo County.

Prime Healthcare to Acquire Verity Health System’s St. Francis Medical Center

Retrieved on:

Friday, April 10, 2020

Hospitals, Commercial Building & Real Estate, Construction & Property, Health, Verity Health System, Daughters of Charity Health System, St. Francis Medical Center, Geography of California, Lynwood, California, Prime Healthcare Services, California, Greater Los Angeles

Prime Healthcare (Prime) and Verity Health System (Verity) announced today that the U.S. Bankruptcy Court for the Central District of California in Los Angeles has approved the Asset Purchase Agreement for the sale of St. Francis Medical Center (St. Francis) in Lynwood, California.

Key Points:

Prime Healthcare (Prime) and Verity Health System (Verity) announced today that the U.S. Bankruptcy Court for the Central District of California in Los Angeles has approved the Asset Purchase Agreement for the sale of St. Francis Medical Center (St. Francis) in Lynwood, California.
St. Francis Medical Center plays a crucial role in providing high quality care for patients in Lynwood and the surrounding communities, said Rich Adcock, CEO of Verity Health.
We are honored and look forward to continuing St. Francis legacy of compassionate, critical medical care for the communities it serves, especially during this unprecedented health crisis.
St. Francis Medical Center remains fully operational during the sale close process and Prime Healthcare will be supporting the hospital staff as they continue to provide critical care during this COVID pandemic.