A California-based company has purchased Roxborough Memorial Hospital from Solis Healthcare.
The 141-bed facility on Ridge Avenue was sold this week to Prime Healthcare Services, a company recently listed by Thomson Reuters as one of the nation’s top 15 health systems.
“We look forward to improving the already excellent care provided at Roxborough Memorial Hospital and continuing the strong relationships with the local physicians and community,” said Prem Reddy, Chairman of Prime Healthcare, in a statement on Tuesday.
The company, headquartered in Ontario, Calif., owns and operates 15 other acute care hospitals.
“Like many other stand alone community hospitals across the country, Roxborough Memorial requires the financial resources of a larger system like Prime Healthcare to ensure its survival for years to come,” the release stated.
Terms of the deal were not disclosed. Michael Henrici, Roxborough Memorial’s chief human resources officer did not return a call for comment.
Robert G. Souaid, President and Chief Executive Officer of Solis Healthcare, said Prime Healthcare is the “right partner” for the hospital, and added that the facility will continue to focus on community hospital-based healthcare going forward.