Ontario, Calif.-based Prime Healthcare has completed its acquisition of Franciscan Health Olympia Fields (Ill.), a Prime spokesperson confirmed to Becker’s. Olympia Fields, a 214-bed hospital, is Prime’s ninth in Illinois and 55th overall. In March 2025, the health system acquired eight Illinois facilities from St. Louis-based Ascension. Prime said that in the first year of ownership, it invested more than $104 million in the eight hospitals to enhance clinical care and operations, modernize infrastructure and expand service lines.
Read the full article: Prime Acquires 55th Hospital //
Source: https://www.beckershospitalreview.com/hospital-transactions-and-valuation/prime-acquires-55th-hospital/