Home 9 2016 9 February 2016 9 Prime Healthcare Completes Acquisition of Four New Hospitals

Prime Healthcare Completes Acquisition of Four New Hospitals

Prime Healthcare Completes Acquisition of Four Acute Care Community Hospitals and Affiliated Entities Spanning the Midwest and Eastern United States

(Ontario, Calif., February 1, 2016) – Prime Healthcare continues its mission of saving and

improving hospitals throughout the country, announcing today that it has completed the

acquisition of Lehigh Regional Medical Center in Florida, Southern Regional Medical Center in

Georgia, Suburban Community Hospital (formerly Mercy Suburban Hospital) in Pennsylvania

and River Valley Health Partners in Ohio. With the addition of these four facilities and affiliated

entities, Prime Healthcare now comprises 42 hospitals in 14 states with nearly 42,000 employees

and physicians.

Prime Healthcare has committed more than $80 million in capital improvements in the

four newly acquired facilities over the next five years. “Prime Healthcare believes that quality

health care should be part of every community, and it is our privilege to collaborate with the

physicians, nurses and employees at these facilities to ensure the best care for the patients they

serve,” said Prem Reddy, MD, FACC, FCCP, Chairman, President and CEO of Prime Healthcare

Services. “Prime Healthcare hospitals are consistently ranked among the best hospitals in the

nation, and we have no doubt that these facilities will continue that legacy.”

In recognition of Prime Healthcare’s growth and success, the health care organization

was named “The Fastest Growing Health System” in the country in 2015 by Modern Healthcare.

Prime Healthcare acquires financially distressed hospitals and transforms them into thriving

community assets. Prime Healthcare has never closed or sold a hospital and its hospitals are

nationally recognized for clinical excellence and patient safety.