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February 15, 2015

Prime Healthcare acquires Ascension’s two hospitals in Missouri, US

US-based hospital system Prime Healthcare Services has completed the acquisition of St Joseph Medical Centre in Kansas City, St Mary's Medical Centre in Blue Springs of Missouri, and other assets of Carondelet Health from Ascension Health.

US-based hospital system Prime Healthcare Services has completed the acquisition of St Joseph Medical Centre in Kansas City, St Mary’s Medical Centre in Blue Springs of Missouri, and other assets of Carondelet Health from Ascension Health.

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Terms of the deal were not disclosed.

St Joseph and St Mary’s acute care hospitals are said to jointly include 456 beds and 900 physicians.

Prime Healthcare Services president Prem Reddy said: "Prime Healthcare looks forward to working with the physicians, nurses and employees at St Joseph Medical Centre and St Mary’s Medical Centre to ensure the best care for the patients they serve.

"Prime hospitals are consistently ranked among the best hospitals in the nation, and we have no doubt that these facilities will continue that legacy."

"Prime also owns and operates Providence Medical Centre in Kansas City and Saint John Hospital in Leavenworth, Kansas, in addition to both hospitals."

St Joseph Medical Centre is a 310-bed hospital that offers various services, including a 24-hour emergency department, joint and spine institute, cardiac surgery (Carondelet Heart Institute), a breast cancer centre, birthing centre / NICU and outpatient services.

St Mary’s Medical Centre is a 146-bed facility, which includes a 24-hour emergency department, accredited chest pain centre, cardiac surgery, certified stroke centre, and breast centre.

It also comprises radiation oncology, a centre for wound care and hyperbaric medicine, and a pain centre and inpatient rehabilitation centre between Blue Springs and Columbia.

Prime also owns and operates Providence Medical Centre in Kansas City and Saint John Hospital in Leavenworth, Kansas, in addition to both hospitals.

Carondelet Manor, Villa Saint Joseph and St Mary’s Manor long-term care facilities, as well as the two hospitals’ charitable foundations will continue to run under Ascension.

Based in California, Prime Healthcare operates 32 acute-care hospitals in ten states across the US.

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Given the background of high inflation, re-emerging supply chain issues, and the widespread macro-economic implications of the Ukraine conflict, the global pharmaceutical industry is facing an entirely new set of challenges following the turbulence of the COVID-19 pandemic. GlobalData’s World Markets Healthcare (WMH) service has released its latest Q2 forecast. This report incorporates the latest thinking on the opportunities and risks this new environment presents for pharma companies. However, the pharma sector is proving resilient, and we are projecting 4.4% global growth for the year ahead. Yet it remains that the current economic picture is inverting some baseline assumptions from previous quarterly forecasts and altering which markets we expect the key growth levers to derive from. Download our latest executive summary for a snapshot view of what our clients use to formulate winning strategies.
by GlobalData
Enter your details here to receive your free Report.

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