M&A Deal Summary

Prime Healthcare Services Acquires Encino Hospital Medical Center

On June 2, 2008, Prime Healthcare Services acquired healthcare services company Encino Hospital Medical Center from Tenet Health

Acquisition Highlights
  • This is Prime Healthcare Services’ 5th transaction in the Healthcare Services sector.
  • This is Prime Healthcare Services’ 5th transaction in the United States.
  • This is Prime Healthcare Services’ 5th transaction in California.

M&A Deal Summary

Date 2008-06-02
Target Encino Hospital Medical Center
Sector Healthcare Services
Buyer(s) Prime Healthcare Services
Sellers(s) Tenet Health
Deal Type Divestiture

Target

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.

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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 5 of 32
Sector: Healthcare Services M&A 5 of 32
Type: Divestiture M&A Deals 3 of 15
State: California M&A 5 of 10
Country: United States M&A 5 of 32
Year: 2008 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2008-06-02 Providence Tarzana Medical Center

Tarzana, California, United States

Providence Tarzana Medical Center is a provider of healthcare services. Company offers services in the areas of cancer, diabetes, emergency, heart and vascular, home care, hospice, imaging, neonatal intensive care unit.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2010-11-17 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 -

Seller(S) 1

SELLER

Tenet Health

Dallas, Texas, United States

Category Company
Founded 1967
Sector Healthcare Services
Employees74,480
Revenue 20.7B USD (2024)
DESCRIPTION

Tenet Health is a provider of health care services company, through its subsidiaries operates 77 hospitals, 187 outpatient centers, and Conifer Health Solutions, a provider in business process solutions for health care providers serving more than 700 hospital and other clients nationwide. Tenet Health was founded in 1967 and is based in Dallas, Texas.


DEAL STATS #
Overall 4 of 11
Sector: Healthcare Services M&A 4 of 11
Type: Divestiture M&A Deals 4 of 11
State: California M&A 3 of 4
Country: United States M&A 3 of 10
Year: 2008 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2008-06-02 Providence Tarzana Medical Center

Tarzana, California, United States

Providence Tarzana Medical Center is a provider of healthcare services. Company offers services in the areas of cancer, diabetes, emergency, heart and vascular, home care, hospice, imaging, neonatal intensive care unit.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-01-24 San Ramon Regional Medical Center

San Ramon, California, United States

San Ramon Regional Medical Center, LLC is a 123-bed acute care hospital.

Buy -