P

Prime Healthcare

Acquires and reorganizes underperforming hospitals

Overview

Prime Healthcare operates a network of hospitals and outpatient centers across the United States, concentrating on turning around financially struggling facilities. It invests in infrastructure and technology, restructures operations, and negotiates payer terms (including pursuing higher out-of-network reimbursements) to improve financial performance, and it manages both for-profit hospitals and not-for-profit facilities through the Prime Healthcare Foundation. The company aims to raise clinical quality and patient safety while expanding access in hundreds of communities, though it has faced legal and regulatory scrutiny over billing practices and service-line decisions. Its goal is to stabilize and improve the financial and clinical performance of underperforming hospitals so they can continue serving their communities.

Significant Headcount Growth

Work here?Claim your company

About Prime Healthcare

Simplify's Rating
Why Prime Healthcare is rated
C+
Rated C on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Healthcare

Company Size

5,001-10,000

Company Stage

Debt Financing

Total Funding

$2.2B

Headquarters

Ontario, CA

Founded

2001

Get referred to Prime Healthcare

See people who can refer or advise you

Simplify Jobs

Simplify's take

What believers are saying

  • Prime won Olympia Fields nurses’ union vote on September 23, signaling organizing momentum management can channel.
  • Illinois OB consolidation into higher-volume centers may lift safety metrics and concentrate profitable procedural volume.
  • Prime’s 2025 Ascension Illinois acquisitions expanded scale quickly, creating cross-hospital integration and referral opportunities.

What critics are saying

  • Illinois regulators and courts challenge Prime over OB cuts, staffing, and Kankakee litigation.
  • NLRB fights at Saint Francis and Olympia Fields expose broad labor unrest across Prime.
  • Repeated service suspensions after Ascension acquisitions undermine trust and threaten community referrals by 2027.

What makes Prime Healthcare unique

  • Prime buys distressed hospitals and squeezes rapid operating improvements from turnaround assets.
  • Its national footprint spans 51 hospitals and 360 outpatient sites across 14 states.
  • Prem Reddy’s physician-led model combines acquisition discipline, clinical branding, and centralized management.

Help us improve and share your feedback! Did you find this helpful?

Funding

Total Funding

$2.2B

Above

Industry Average

Funded Over

5 Rounds

Debt funding comparison data is currently unavailable. We're working to provide this information soon!
Debt Funding Comparison Coming Soon

Benefits

  • Health Insurance
  • Dental Insurance
  • Vision Insurance
  • 401(k) Retirement Plan
  • Tuition Reimbursement

Growth & Insights and Company News

6 month growth

22%

1 year growth

24%

2 year growth

24%
WGME
Oct 7th, 2026
CMMC denies reinstating fired nurse.

CMMC denies reinstating fired nurse. by WGME Staff Wed, October 7, 2026 at 6:57 AM Central Maine Medical Center in Lewiston (WGME) Ask WGME anything Did the National Nurses Organizing Committee claim nurses were reinstated? What percentage of CMMC nurses voted to unionize? Why did CMMC state nurses were disciplined? LEWISTON, Maine (WGME) - Central Maine Medical Center in Lewiston is denying a recent announcement from a branch of the largest nurses' union that it reinstated a nurse who had been fired amid efforts to unionize. The National Nurses Organizing Committee announced that CMMC and an Illinois hospital, both part of Prime Healthcare, reinstated five nurses who had been fired or suspended. In a statement, a CMMC spokesperson said: "CMMC respects the rights of nurses to lawfully organize and Wgme Cbs 13 honor its responsibility to protect patient safety, ensure access to care and maintain a safe environment for patients and staff. "And all actions involving nurses have been based on documented violations of hospital standards of conduct and established policies designed to uphold those responsibilities. "No reinstatements from suspension or termination have occurred, and certain matters remain under investigation." Prime Healthcare fired 14 nurses at CMMC and disciplined six more. The union said the firings came after nurses filed a National Labor Relations Board petition to hold a union election. CMMC nurses later voted 91% to join the Maine State Nurses Association. CMMC previously denied retaliating against nurses for union activity, saying the discipline was for documented policy and patient-safety violations. SPONSORED CONTENT MORE TO EXPLORE

City of Aurora
Oct 5th, 2026
Mayor opposes 15% water rate hike for proposed TAP program.

Mayor opposes 15% water rate hike for proposed TAP program. Published on October 05, 2026 Mayor John Laesch is opposing a proposed 15 percent water rate hike ($18 per water bill) for a Text-a-Physician program being advanced by State Representative Barbara Hernandez, citing concerns over automatic enrollment, increased water bills, and unanswered questions about the program's medical safeguards, privacy protections, and legal liability. The proposed program would allow residents to text medical professionals about routine, non-emergency health issues. However, participation would be tied to residential water billing through an automatic enrollment process that would increase water bills by at least $18 per billing cycle, or nearly 15 percent on average. Residents would have just 60 days to opt out of the service. "There is no doubt that Aurora is facing a health care crisis," Mayor Laesch said. "Rising insurance premiums, limited care options, and changes in federal health care policy are making it harder for families to afford the services they need. Prime Healthcare's takeover of Aurora's Mercy Medical Center has also added to these concerns. We cannot address this issue, though, by placing another financial burden on residents who are already struggling to make ends meet. Our residents deserve access to reliable and affordable health care, and our state and federal leaders must do more to address this crisis without raising the bill of an essential utility." Financial and consumer protection concerns. Aurora currently has over 14,000 residents whose water bills are automatically withdrawn from their bank accounts. Significant concerns exist for these customers, as well as for senior citizens and residents who speak languages other than English, who may struggle to navigate the opt-out process and could be stuck with a 15 percent water rate hike. With nearly 51,000 total Aurora water accounts on the books, this program has the potential to generate over $5.4 million per year, with all proceeds going to the corporation profiting off the Text-a-Physician service. While expanding access to health care is an important goal, Mayor Laesch said the proposed program shifts the cost to water customers regardless of whether they want or use the service. "This program, which is construed as a solution, does not solve the underlying issue," said Mayor Laesch. "Instead, it exploits our public infrastructure and shifts the costs to our residents regardless of whether they want or use the service, including those who may never use the service. We should not mistake a resident's failure to opt out of the program as consent to pay higher water rates. An automatic charge should never be the default for a new service when residents have not affirmatively chosen to participate. The only real beneficiary in this program is the private medical company that is banking on our residents to forget to opt out." It is also important to be clear about what this service is and what it is not. The ability to text a medical professional may provide residents with a convenient resource for routine questions, but it is not a substitute for comprehensive health care. It does not replace an established relationship with a primary care provider, physical examinations, diagnostic testing, ongoing management of chronic conditions, emergency care, or access to specialists and follow-up treatment. At a time when residents are struggling to access affordable, comprehensive care, the City should be careful not to present a limited text-based service as a solution to the broader health care crisis. Mayor Laesch would consider an opt-in approach. Mayor Laesch said there is a straightforward alternative: make participation voluntary through an opt-in model. Residents who want the service could choose to enroll and pay the additional $18, while those who do not want it would not be charged. This approach would preserve residents' ability to access the service without making automatic enrollment the default or placing the burden on customers to avoid an unwanted expense. "Our responsibility is to look for ways to make life more affordable for Aurora families, not create new costs they must actively fight to avoid," Laesch said. "If this was a viable option for affordable healthcare, then this company would be signing people up left and right, without the government mandating a local water rate increase." In its current form, Mayor Laesch does not support bringing the program before the Aurora City Council for consideration. He urges the Council to oppose the proposal unless it is restructured as a voluntary, opt-in program that protects residents' interests. "Water customers should not become health care customers simply because they failed to opt out," Laesch said. "If this service provides real value, residents should have the opportunity to choose it. We should not require families to pay more for an essential utility to make a separate service work. Health care access matters, but so do affordability, transparency, and the right of every resident to decide how their money is spent." Important questions about medical oversight, privacy and liability still remain. Even if the City adopted an opt-in approach, Mayor Laesch still has concerns about the program provider's qualifications, patient privacy protections, medical oversight, and potential legal exposure before considering any partnership. Outstanding questions include who would be responsible if a serious medical condition were overlooked, what safeguards would be in place if a resident received inadequate advice, how follow-up care would be handled, and what legal responsibilities the City could assume by facilitating enrollment and collecting fees through its water billing system. "The City must fully understand the risks and responsibilities before attaching its name, resources, and billing infrastructure to a private health care service," Laesch said. "We need transparency about how the program operates, how residents are protected, and who is accountable when something goes wrong. Those are basic questions that must be answered before moving forward." The City of Aurora is offering residents an opportunity to provide their feedback on the program, too, through an interactive poll now available at www.aurora.il.Aurora/TAP. Tagged as:

Fight Back! News
Oct 1st, 2026
Joliet nurses fight hospital downsizing.

Joliet nurses fight hospital downsizing. October 1, 2026 Nurses in Joliet, Illinois fight job cuts. Fight Back! News Joliet, IL - Dozens of nurses and their supporters rallied in the pouring rain September 30 to call attention to Prime Healthcare's closing of the Obstetrics and Special Care Nursery departments at Saint Joseph Hospital in Joliet, Illinois. Prime Healthcare is a nationwide "for-profit" corporation that is known for eliminating services that are not making enough money. These cuts affect working-class poor people the most. Since acquiring Saint Joseph in March 2025, Prime has closed the inpatient pediatric unit, closed a 30-bed acute care for the elderly unit for a year, closed the post-surgical unit and is seeking to permanently close pediatric inpatient services. According to 35-year Saint Joseph Hospital Registered Nurse Kim Craig, the matter is made worse, "because as doctors retired, they never replaced them." Saint Joseph Hospital is licensed to 489 beds, but according to the Illinois Nurses Association (INA) they operate at 195 to 225 beds per day because of Prime Healthcare cuts. But a core of registered nurses, members of the INA, are not taking it. On Wednesday, September 30, they rallied with community members calling for Prime Healthcare to not leave the 153,000 residents of the fourth-largest city in Illinois without critically needed healthcare. "This is the last day for our unit to be open, we are officially closed as of tomorrow morning," said Kim Craig, who works in the Special Care Nursery, "It's horrible; half of our staff has not been placed. But the biggest part is, what are we going to do with all our moms and babies now? There is nobody in the Joliet area." Prime Healthcare is making major cuts to the only hospital in Joliet. Warehouses moved into Joliet, staffed by non-union subcontractors for Walmart, Amazon and other corporate giants. 4000 union employees at U.S. Steel and the 7000 union Caterpillar workers have lost their jobs, as both of those plants closed. Joliet Township Supervisor Cesar Guerrero talked about the union spirit in Joliet which lives on inside this core of INA leaders, who are fighting to preserve decent jobs, but also fighting for access to healthcare for Joliet. The rally also heard from former INA staffer Michelle Couturier who was involved in organizing the INA strike against Saint Joseph Hospital in the early 1990s. This strike led to INA's first contract with Saint Joseph Hospital. Couturier talked about the militant tactics and innovative strategies that the mostly women nurses used to win the contract. The day before the rally, INA showed up at the hospital to bargain the effects of the most recent cuts. Even though Prime is legally required to bargain, they instead called the police on the union. Fortunately, the police that showed up did not make arrests and told Prime to work it out with the union. "This community and our patients deserve a hospital within Joliet to serve Joliet. The mothers and babies of Joliet deserve to be able to deliver in a place that is safe, close to home and easily accessible," concluded Christina Vanoskey, a Labor and Delivery Unit registered nurse.

The Union Edge
Sep 25th, 2026
Nurses at Central Maine Medical Center vote to unionize with 91% approval.

Nurses at Central Maine Medical Center vote to unionize with 91% approval. Nurses at Central Maine Medical Center in Lewiston, Maine, voted 204-21 in favor of joining the Maine State Nurses Association on September 24, according to WGME. The 91% approval margin came after hospital management fired 15 nurses and suspended five others in the weeks leading up to the election. Healthcare workers at Central Maine Medical Center overwhelmingly approved union representation on September 24, with 204 voting yes and 21 voting no, despite the hospital's parent company Prime Healthcare firing 15 nurses and suspending five during the organizing campaign. Just under 300 nurses were eligible to vote in the election. The newly unionized workers will join the Maine State Nurses Association, which already represents 4,000 nurses across Maine. The union announced plans to file unfair labor practice charges with the National Labor Relations Board on behalf of the terminated and suspended nurses. Federal lawmaker calls firings "illegal union busting" Congresswoman Chellie Pingree criticized Central Maine Medical Center's actions on September 23, labeling the firings as "illegal union busting." Prime Healthcare, the hospital's parent company, maintained that all disciplinary actions resulted from code of conduct violations rather than anti-union retaliation. Lewiston Mayor Carl Sheline issued a statement on September 24 expressing support for the organizing effort. "The entire Lewiston community is proud to stand behind the nurses at CMMC and their right to unionize," Sheline said in the statement. Terminated and suspended nurses react to vote. Erin Bennett, one of the terminated nurses, responded to the election results at the vote count. "It felt like a really long fight but this win is huge, especially with everything that has been thrown at us," Bennett told WGME reporters on September 24. Aaron McDaniel, a suspended nurse, described the organizing campaign's outcome in similar terms. "We are elated. We are all celebrating that we came through with a 91% victory. We couldn't expect anything better," McDaniel said. The timing of the disciplinary actions - 15 firings and five suspensions during an active organizing campaign - drew scrutiny from labor advocates and elected officials. Prime Healthcare did not respond to requests for comment on the election results or the pending unfair labor practice charges. What happens next. The Maine State Nurses Association will now enter contract negotiations with Central Maine Medical Center management. The union's first priority will be filing unfair labor practice charges with the NLRB over the firings and suspensions that occurred during the organizing drive. If the Board finds merit in the charges, it could order Prime Healthcare to reinstate the terminated nurses with back pay and post remedial notices throughout the facility. The 91% approval margin gives union negotiators a strong mandate heading into first-contract talks. Healthcare worker organizing has accelerated across the United States since 2024, with successful campaigns at hospital systems from California to Vermont. The Central Maine Medical Center victory adds momentum to that trend in a region where healthcare employers have historically resisted unionization efforts. Union representatives told WGME the fired and suspended nurses will remain active in the organizing effort regardless of their employment status. Central Maine Medical Center management has not publicly stated whether it will appeal the election results or negotiate in good faith with the newly certified bargaining unit. The Union Edge Staff Also in the paper

Evanston Now
Sep 15th, 2026
St. Francis union election on hold for now.

St. Francis union election on hold for now. The National Labor Relations Board agreed Monday to cancel a scheduled union election at St. Francis Hospital this week after additional complaints were filed by the national nurses' union alleging the hospital had violated the National Labor Relations Act, which they said could interfere with a free and fair election. In a statement on Monday, the National Nurses Organizing Committee, part of National Nurses United, the union working to unionize nurses at St Francis, wrote that the NLRB's Chicago office blocked the Sept. 17 union election "in light of credible allegations that a free and fair election is not possible at this time due to Prime Healthcare's substantial and flagrant violations of the National Labor Relations Act." Prime Healthcare and its nonprofit wing, Prime Healthcare Foundation, which owns St. Francis, have been accused by the union and nurses at the hospital of unfair labor practices, including interrogation, threats, surveillance and suspending and then firing a nurse who spoke about the unionization efforts at the hospital. The hospital, in a statement Tuesday, disputed the allegations made by the union "in seeking to suspend the election," adding, "We remain committed to working constructively with our nurses and addressing concerns in the best interests of our patients and community." The nurses' union accused the hospital of surveilling nurses who have spoken with union staff and eliminating per diem RN positions while "interrogating them about their support for the union." The NNOC filed a complaint with the NRLB on Sept. 8, as did Emily Isakson, an intensive care unit nurse who spoke with the press and was subsequently suspended by the hospital. According to a statement from the nurses' union, Isakson has now been fired as well and the union sought to delay the election in a later filing with the NLRB. On Monday, the NLRB Chicago regional director, Angie Cowan Hamada, agreed to cancel the election, citing the allegations made by the union as "a sufficient offer of proof in support of these allegations which describes evidence that, if proven, could affect employee free choice in an election." "It is clear that Prime is scared and desperate, because when we do hold our election, we will win our union and be able to put our patients before profits," Isakson said, according to the statement. "Prime's bullying tactics will not work on me or other St. Francis nurses. We will never stop advocating for our patients." Multiple nurses who spoke with Evanston Now late last month described cut hours and surveillance by hospital administration after nurses filed a petition with the NLRB, requesting a union election for 275 full-time and part-time nurses at the hospital, which was scheduled to take place Thursday. Prime Healthcare spokesperson Mike Deering wrote in a statement that the hospital respects "the rights of every nurse to engage in legally protected activity and to make their own individual decision about union representation, including the right to support a union or to choose to remain in a direct relationship with the Hospital." "Many S. Francis nurses have openly expressed their desire to remain non-union, and their voices and rights deserve the same respect and protection as those of nurses who support union representation," Deering wrote. "Suspending the election denies nurses the opportunity to make that choice for themselves through a fair vote. We believe every nurse should be heard and that the outcome should ultimately be determined by the nurses." Prime Healthcare previously said that it felt the union was "placing its own interests of building up its membership, financial resources and political clout ahead of what is best for our nurses, our patients or the communities we are working to protect and rebuild," while accusing the union of "attempting to take advantage of" the hospital's transition period since its sale in 2025. It was not immediately when a union election would be held, though the union's original NLRB case seeking an election remains open as of Tuesday afternoon. A spokesperson for the nurses, in a statement, said it was their position "that the nurses should be able to have a free and fair election and nurses are still actively organizing toward that."

Recently Posted Jobs

Sign up to get curated job recommendations

Prime Healthcare is Hiring for 7120 Jobs on Simplify!

Find jobs on Simplify and start your career today

Don't see your dream role? Check out thousands of other roles on Simplify.Browse all jobs