(Kansas City, Mo.) July 28, 2014 – Carondelet Health in Kansas City, Mo., a part of Ascension, has signed a letter of intent with Prime Healthcare Services, Inc., for the acquisition of the majority of the facilities of Carondelet Health. The transaction would include St. Joseph Medical Center in Kansas City and St. Mary’s Medical Center in Blue Springs, Mo., and most of their subsidiaries and affiliated facilities.
As part of this transaction, the three Carondelet Health long-term care facilities – Carondelet Manor, Villa Saint Joseph and St. Mary’s Manor – and the two hospitals’ charitable foundations would remain part of Ascension.
“Prime Healthcare’s focus on providing comprehensive quality healthcare in a compassionate, convenient and cost-effective manner aligns with our historical mission of service,” said Michael Dorsey, interim Chief Executive Officer of Carondelet Health. “We’re confident that this change will enable the long-term success of Carondelet Health.”
“Our goal in working with the Board of Carondelet Health during this process has been to strengthen the ministry so its associates, physicians and volunteers are able to continue to provide exceptional, caring health services to the community for years to come,” said Robert J. Henkel, FACHE, Executive Vice President of Ascension and President and Chief Executive Officer of Ascension Health. “We believe this is a positive step for the greater Kansas City community as well as our colleagues at Carondelet Health. Meanwhile, Ascension will continue to serve the community by helping to meet the growing need for senior services.”
“Prime Healthcare looks forward to partnering with Carondelet Health and providing high quality healthcare to residents in Kansas City, Blue Springs and their surrounding communities,” said Prem Reddy, MD, FACC, FCCP, Chairman, President and CEO of Prime Healthcare Services. “Our award-winning clinical and operational expertise combined with Carondelet Health’s dedicated physicians, nurses and employees will allow these hospitals and other facilities to continue their legacy of healthcare excellence.”
“Prime Healthcare has a deep concern for people – for the physicians and staff who provide care, and for those they serve,” said Sr. Diane Steele, SCL, PhD, who was a Board member of Providence Medical Center in Kansas City, Kan., and Saint John Hospital in Leavenworth, Kan., when they were acquired by Prime Healthcare from the Sisters of Charity of Leavenworth Health System in 2013. “We’re very pleased that Prime has continued to honor our spiritual heritage demonstrated in care of patients, especially the poor, at both hospitals.”
Terms of the deal are confidential and there will be no additional disclosures until a definitive agreement has been reached.
About Carondelet Health
Carondelet Health (www.carondelethealth.org) consists of two acute care hospitals, St. Joseph and St. Mary’s Medical Centers, with 450 beds and 900 physicians on staff combined. Both acute-care facilities have earned Magnet Designation for excellence in nursing. Consistent with its mission, Carondelet Health provides compassionate, quality healthcare with a special concern for the poor.
About Ascension
Ascension (www.ascension.org) is a Catholic healthcare organization dedicated to the transformation of healthcare through excellent clinical care throughout the continuum of care and through innovation. Ascension is the nation’s largest Catholic and non-profit health system, providing the highest quality care to all with special attention to those who are poor and vulnerable. Last year, Ascension provided $1.5 billion in care of persons living in poverty and community benefit programs. Its Mission-focused Health Ministries employ more than 150,000 associates serving in more than 1,900 sites of care in 23 states and the District of Columbia. Ascension’s direct subsidiaries provide services that include healthcare delivery, medical equipment management, treasury management, resource and supply management, venture capital investing, physician practice management, and risk management.
About Prime Healthcare Services
Ontario, CA-based Prime Healthcare Services (www.primehealthcare.com), with a motto of “Saving Hospitals, Saving Jobs and Saving Lives,” is one of the largest hospital companies in the nation.
Prime Healthcare was recognized as one of the “15 Top Health Systems” in the nation in 2013, based on quality of healthcare and patient satisfaction. It is the third time in six years it has been recognized. In 2014, eight Prime Healthcare hospitals were ranked among the “100 Top Hospitals” in the nation by Truven Health Analytics. Prime Healthcare hospitals have earned the award 27 times since 2003.
Through their subsidiaries, Prime Healthcare Services and the non-profit Prime Healthcare Foundation have more than 30,000 employees and own and operate 27 hospitals in seven states: Alvarado Hospital Medical Center, Centinela Hospital Medical Center, Chino Valley Medical Center, Desert Valley Hospital, Encino Hospital Medical Center, Garden Grove Hospital Medical Center, Glendora Community Hospital, Huntington Beach Hospital, La Palma Intercommunity Hospital, Montclair Hospital Medical Center, Paradise Valley Hospital, San Dimas Community Hospital, Shasta Regional Medical Center, Sherman Oaks Hospital and West Anaheim Medical Center – in California; Providence Medical Center and Saint John Hospital – in Kansas; Garden City Hospital – in Michigan; Saint Mary’s Regional Medical Center – in Nevada; Lower Bucks Hospital and Roxborough Memorial Hospital – in Pennsylvania; Landmark Medical Center and Rehabilitation Hospital of Rhode Island – in Rhode Island; Dallas Medical Center, Harlingen Medical Center, Knapp Medical Center and Pampa Regional Medical Center – in Texas.
