Prem Reddy

Type: Person
Name: Prem Reddy
First reported 15 hours ago - Updated 15 hours ago - 1 reports

Daughters of Charity Health System Employees Sue Hospital Chain to Protect Pensions of Nearly 9,000 Workers and Retirees

SAN FRANCISCO--( BUSINESS WIRE )--Nurses and other health care workers at Daughters of Charity HealthSystem fileda class action lawsuit today to protect the pensions of nearly 9,000employees and retirees, alleging that Daughters improperly evadedfederal ... [Published Business Wire - 15 hours ago]
First reported Oct 18 2014 - Updated Oct 18 2014 - 1 reports

Sale of St. Francis Medical Center draws criticism

LYNWOOD — The sale of St. Francis Medical Center here and five other hospitals was approved by the board of directors of the Daughters of Charity Health Systems, its parent company, last Friday.The sale to Prime Healthcare Services and Prime Healthcare ... [Published Wave Newspapers - Oct 18 2014]
First reported Oct 16 2014 - Updated Oct 16 2014 - 3 reports

UPDATED: Controversy clouds DCHS's sale to Prime Healthcare

As labor unions mobilize to try to block the sale of Daughters of Charity Healthcare System to Prime Healthcare, California Attorney General Kamala Harris and her Charitable Trusts Division are conducting a review of the transaction—and will ultimately ... [Published Morgan Hill Times - Oct 16 2014]
First reported Oct 14 2014 - Updated Oct 15 2014 - 2 reports

Prime Healthcare Services to acquire majority of Carondelet Health's facilities

Ontario, Calif.-based Prime Healthcare Services has signed a definitive agreement to acquire hospitals, long-term care facilities and other assets of Carondelet Health in Kansas City , Mo. , which is part of St. Louis-based Ascension.Under the agreement, ... [Published Beckers Hospital Review - Oct 14 2014]
First reported Oct 15 2014 - Updated Oct 15 2014 - 1 reports

Daughters of Charity Health System Board OKs Sale to Prime Healthcare

After a review process, the Daughters of Charity Health System (DCHS) Board of Directors has approved the sale of its six California hospitals and medical foundation to Prime Healthcare Services and Prime Healthcare Foundation of Ontario, California. ... [Published Individual.com - Oct 15 2014]
First reported Oct 13 2014 - Updated Oct 13 2014 - 1 reports

Prime acquisition continues for-profit hospital takeover wave

As healthcare’s trade winds blow towards more consolidation, some non-profit health systems are taking a new business turn, while trying to continue traditional charitable missions.In California, for-profit Prime Healthcare has emerged as the suitor for ... [Published Healthcare Finance News - Oct 13 2014]
First reported Oct 13 2014 - Updated Oct 13 2014 - 1 reports

DCHS to sell six hospitals to Prime Healthcare

US-based Daughters of Charity Health System (DCHS) has unveiled plans to sell its six California hospitals and medical foundation to Canada-based Prime Healthcare Services and Prime Healthcare Foundation (Prime Healthcare).Prime Healthcare Services chairman, ... [Published HospitalManagement.net - Oct 13 2014]
First reported Oct 10 2014 - Updated Oct 11 2014 - 6 reports

Daughters of Charity Health Systems sell all 6 CA hospitals

SAN JOSE, Calif. —They pride themselves on helping the poor, but it was money trouble that ultimately killed the Daughters of Charity Health System.On Friday, their Board of Directors made the announcement that they're selling their six California hospitals ... [Published KTVU - Oct 11 2014]
First reported Oct 02 2014 - Updated Oct 02 2014 - 1 reports

Engineers Group ‘ASEI’ Urges More STEM Education

Irvine, Calif. – Education was the theme at the 29th annual American Society of Engineers of Indian Origin (ASEI) national conference, held Sept. 27 on the campus of University of California, Irvine.The daylong conference at the campus’s student center ... [Published India-West - Oct 02 2014]
First reported Sep 25 2014 - Updated Sep 25 2014 - 1 reports

Patients Last

Late last month, Prime Healthcare Services filed an unusual  complaint  with a California federal court. The health care conglomerate, California’s most profitable and the owner of seventeen hospitals in the state, brought suit against the Service Employees ... [Published ZNet - Sep 25 2014]
First reported Sep 20 2014 - Updated Sep 20 2014 - 2 reports

Three Prime Healthcare Hospitals' Heart Failure Mortality Rates Among Lowest in the Nation

SOURCE Prime Healthcare ServicesONTARIO, Calif. , Sept. 19, 2014 /PRNewswire/ -- The heart failure mortality rates at three Prime Healthcare Services hospitals are among the lowest in the nation, according to CMS data published by Beckers Hospital Review ... [Published KSFY - Sep 20 2014]

Quotes

...Mary's Medical Center in Blue Springs , Mo. Commenting on the agreement, Dr. Prem Reddy, said "prime understands the value these hospitals bring to their communities, and we intend to help the hospitals provide residents with the high quality healthcare they deserve."
Prime Healthcare Services chairman, president and CEO Prem Reddy said: "we are truly honoured to be chosen by the dchs board of directors to extend their mission of care delivered for decades by the doctors, nurses and staff so dedicated to the well-being of their patients."
"we are committed to keeping these hospitals functioning with the emergency departments with trauma centers with all services they currently have and keeping all the jobs" says CEO Prem Reddy, MD

More Content

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Daughters of Charity Health System Employees Su... [Published Business Wire - 15 hours ago]
Sale of St. Francis Medical Center draws criticism [Published Wave Newspapers - Oct 18 2014]
UPDATED: Controversy clouds DCHS's sale to Prim... [Published Morgan Hill Times - Oct 16 2014]
Prime Healthcare's aggressive M&A approach: 10 ... [Published Beckers Hospital Review - Oct 16 2014]
DCHS announces sale of St. Vincent, St. Francis... [Published Angelus The Tidings Online - Oct 16 2014]
Daughters of Charity Health System Board OKs Sa... [Published Individual.com - Oct 15 2014]
Prime Healthcare Services to acquire majority o... [Published Beckers Hospital Review - Oct 14 2014]
Two Kansas City area hospitals sign deal to be ... [Published KansasCity.com - Oct 14 2014]
Prime acquisition continues for-profit hospital... [Published Healthcare Finance News - Oct 13 2014]
DCHS to sell six hospitals to Prime Healthcare [Published HospitalManagement.net - Oct 13 2014]
Mixed reviews for Seton sale: One union vows to... [Published San Mateo Daily Journal - Oct 11 2014]
Daughters of Charity Health Systems sell all 6 ... [Published KTVU - Oct 11 2014]
Prime to buy six Catholic hospitals in Californ... [Published Los Angeles Times - Oct 11 2014]
Prime Healthcare to acquire six more hospitals [Published Victorville Daily Press - Oct 10 2014]
Prime Healthcare Enters into Definitive Agreeme... [Published Noodls - Oct 10 2014]
Prime Healthcare to acquire St. Vincent, St. Fr... [Published Los Angeles Times - Oct 10 2014]
Daughters of Charity Health System Announces Sa... [Published BioSpace - Oct 10 2014]
Engineers Group ‘ASEI’ Urges More STEM Education [Published India-West - Oct 02 2014]
Patients Last [Published ZNet - Sep 25 2014]
Monday Morning Update 9/22/14 [Published HIStalk - Sep 23 2014]
Three Prime Healthcare Hospitals' Heart Failure... [Published KSFY - Sep 20 2014]
Three Prime Healthcare Hospitals' Heart Failure... [Published Town Hall - Sep 20 2014]
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