Prime Healthcare has entered into an asset purchase agreement with Ascension for the sale of Ascension Illinois hospitals, associated physician practices, post-acute and senior living facilities. The asset purchase agreement includes the following Ascension Illinois hospitals: Ascension Holy Family (Des Plaines), Ascension Mercy (Aurora), Ascension Resurrection (Chicago), Ascension Saint Francis (Evanston), Ascension Saint Joseph (Joliet), Ascension Saint Joseph (Elgin), Ascension Saint Mary (Kankakee) and Ascension Saint Mary and Saint Elizabeth (Chicago). The transaction also includes the following post-acute and senior living facilities currently operated by Ascension Living: Fox Knoll Village (Aurora), Villa Franciscan Place (Joliet), Heritage Village and Heritage Lodge (Kankakee) and Resurrection Place (Park Ridge).
Read the full article: Prime Healthcare Expands Mission in Historic Acquisition of Ascension’s Nine Hospitals in Illinois //
Source: https://www.businesswire.com/news/home/20240725376504/en/Prime-Healthcare-Expands-Mission-in-Historic-Acquisition-of-Ascension%E2%80%99s-Nine-Hospitals-in-Illinois