
The Prime Story
The seeds of Prime Healthcare’s success were first sown in the High Desert region of Southern California where Dr. Prem Reddy began practicing medicine in the 1980s. It was there Dr. Reddy built Prime Healthcare’s flagship facility, Desert Valley Hospital, to serve the community. Desert Valley Hospital has been recognized as a Top 100 Hospital in the nation six times.
Desert Valley Hospital was sold to another corporation for a few years, and immediately began faltering. In 2001, Dr. Reddy formed Prime Healthcare Services to re-purchase the hospital, rescuing it from bankruptcy and setting the standard for quality healthcare that continues throughout the hospital network to this day. Prime Healthcare’s motto is “Saving Hospitals, Saving Jobs, Saving Lives” which the company continues to do as it grows.
From the lessons learned during the transformation of Desert Valley Hospital, Prime Healthcare’s model was established and now leads to the rescue and transformation of financially struggling community hospitals across the country. Prime Heathcare is nationally recognized for award-winning quality care and has been named a Top 10 and Top 15 Health Systemby Fortune/IBM Watson Health. Its hospitals have also been named among the nation’s best as ”100 Top hospitals” 58 times by Fortune/IBM Watson Health and have received more Patient Safety Excellence Awards from Healthgrades than any other health system for seven consecutive years (2016-2022).
Three years after the formation of Prime Healthcare, the company purchased the second hospital in the family, Chino Valley Medical Center, when Dr. Reddy was asked to save the hospital from bankruptcy. Growth continued throughout the early 2000s, and in recent years has increased pace as the shifting healthcare landscape endangered more and more small community hospitals, threatening to close them without financial support. To date, Prime has invested more than $1.7 billion in capital improvements for its hospitals since 2005.
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Desert Valley Hospital CA -
Chino Valley Medical Center CA -
Sherman Oaks Hospital CA
Montclair Hospital Medical Center CA
Huntington Beach Hospital CA
La Palma Intercommunity Hospital CA
West Anaheim Medical Center CA -
Paradise Valley Hospital CA
Centinela Hospital Medical Center CA -
Encino Hospital Medical Center CA
Garden Grove Hospital Medical Center CA
San Dimas Community Hosptial CA
Shasta Regional Medical Center CA -
Donated to PHSF:
Encino Hospital Medical Center CA -
Alvarado Hospital Medical Center CA Donated to PHSF:
Montclair Hospital Medical Center CA -
Harlingen Medical Center TX Donated to PHSF:
Sherman Oaks Hospital CA -
Roxborough Memorial Hospital PA
Saint Mary’s Regional Medical Center NV
Lower Bucks Hospital PA
Dallas Medical Center TX
Pampa Regional Medical Center TXDonated to PHSF:
Huntington Beach Hospital CA -
Saint John’s Hosptial KS
Providence Medical Center KSDonated to PHSF:
Pampa Regional Medical Center TXAcquired by PHSF:
Knapp Medical Center TX -
Glendora Community Hospital CA
Garden City Hospital MI
St. Mary’s General Hospital NJ
Landmark Medical Center RI
Rehabilitation Hospital of Rhode Island RIDonated to PHSF:
La Palma Intercommunity Hospital CA -
St Joseph’s Medical Center MO
St. Mary’s Medical Center MO
Riverview Regional Medical Center AL
North Vista Hospital NV
Dallas Regional Medical Center TX
Lake Huron Medical Center MI
Saint Clare’s Health System NJ
Monroe Hospital INDonated to PHSF:
Glendora Community Hospital CA -
Lehigh Regional Medical Center FL
Saint Michael’s Medical Center NJAcquired by PHSF:
Southern Regional Medical Center GA
Suburban Community Hospital PA
East Liverpool City Hospital OH
Coshocton Regional Medical Center OH -
Acquired by PHSF:
Mission Regional Medical Center TX -
Donated to PHSF:
Landmark Medical Center RI
Rehabilitation Hospital of Rhode Island RI -
St. Francis Medical Center CA
Prime Healthcare has expanded to 45 hospitals in 14 states across the country. Every hospital acquired in financial distress has been transformed and are now vital community assets. Our experienced turnaround team has a record of success in finding operational efficiencies and minimizing bureaucracy to create an efficient healthcare delivery model. Our decentralized structure allows local leadership to make the right choices for their community, while benefiting from corporate guidance and support.
A Brief Timeline of Prime Healthcare
1994
Dr. Reddy builds Desert Valley Hospital, an 83-bed acute care hospital in Victorville, California
2001
Dr. Reddy founds Prime Healthcare Services, Inc. to repurchase Desert Valley Hospital, which had been sold to another group
2004
Prime Healthcare acquires its second hospital, Chino Valley Medical Center in California
2008
Prime Healthcare earns “10 Top Health Systems” by Truven
2011
Prime Healthcare completes first acquisition outside California with Harlingen Medical Center in Texas
2020
Prime Healthcare acquires St. Francis Medical Center in California