M&A Deal Summary

Prime Healthcare Services Acquires Alvarado Hospital Medical Center

On November 17, 2010, Prime Healthcare Services acquired healthcare services company Alvarado Hospital Medical Center from Plymouth Health

Acquisition Highlights
  • This is Prime Healthcare Services’ 6th transaction in the Healthcare Services sector.
  • This is Prime Healthcare Services’ 6th transaction in the United States.
  • This is Prime Healthcare Services’ 6th transaction in California.

M&A Deal Summary

Date 2010-11-17
Target Alvarado Hospital Medical Center
Sector Healthcare Services
Buyer(s) Prime Healthcare Services
Sellers(s) Plymouth Health
Deal Type Divestiture

Target

Alvarado Hospital Medical Center

San Diego, California, United States
Alvarado Hospital has been serving San Diego since 1972 providing healthcare to a growing population in both San Diego and Imperial counties. Physicians on the hospital's medical staff receive patients from local communities, but also worldwide. Alvarado Hospital's programs include cardiac services, emergency medicine services, neuroscience, orthopedics, oncology, rehabilitation, general surgical services, sexual medicine, skull-base surgery, sleep center, surgical and medical weight reduction, and vascular services. Alvarado Hospital offers advanced, specialized healthcare services with more than 450 dedicated physicians, representing more than 40 medical and surgical specialties, 1,000 employees and 400 active volunteers. The hospital is conveniently located just off Interstate 8 and adjacent to San Diego State University.

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Buyer(S) 1

Buyer

Prime Healthcare Services

Ontario, California, United States

Category Company
Founded 2000
Sector Healthcare Services
DESCRIPTION

Prime Healthcare Services, Inc., together with its subsidiaries, owns and operates acute care hospitals in California, Texas, and Pennsylvania.


DEAL STATS #
Overall 6 of 32
Sector: Healthcare Services M&A 6 of 32
Type: Divestiture M&A Deals 4 of 15
State: California M&A 6 of 10
Country: United States M&A 6 of 32
Year: 2010 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2008-06-02 Encino Hospital Medical Center

Encino, California, United States

Encino Hospital Medical Center is a provider of health care services. Company offers cardiac, diabetes care, geriatrics, orthopedics, women's health and maternity care, oncology, rehabilitation medicine, and pediatrics services.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-02-22 Roxborough Memorial Hospital

Philadelphia, Pennsylvania, United States

Roxborough Memorial is an award-winning 140-bed acute care hospital that serves the healthcare needs of residents in Roxborough, Manayunk, East Falls and the surrounding areas of Northwest Philadelphia and Montgomery County.

Buy -

Seller(S) 1

SELLER

Plymouth Health

Sherman Oaks, California, United States

Category Company
Founded 2006
Sector Healthcare Services
DESCRIPTION

Plymouth Health LLC operates an acute care hospital.


DEAL STATS #
Overall 1 of 1
Sector: Healthcare Services M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: California M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2010 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2006-10-27 Alvarado Hospital Medical Center

San Diego, California, United States

Alvarado Hospital has been serving San Diego since 1972 providing healthcare to a growing population in both San Diego and Imperial counties. Physicians on the hospital's medical staff receive patients from local communities, but also worldwide. Alvarado Hospital's programs include cardiac services, emergency medicine services, neuroscience, orthopedics, oncology, rehabilitation, general surgical services, sexual medicine, skull-base surgery, sleep center, surgical and medical weight reduction, and vascular services. Alvarado Hospital offers advanced, specialized healthcare services with more than 450 dedicated physicians, representing more than 40 medical and surgical specialties, 1,000 employees and 400 active volunteers. The hospital is conveniently located just off Interstate 8 and adjacent to San Diego State University.

Buy -