Articles from Prime Healthcare Services, Inc.

Prime Healthcare Services will report earnings the morning of May 13th, 2025, to be followed by a conference call at 2:00 p.m. (ET) to discuss the reported results.

Prime Healthcare Services will report earnings the morning of March 17th to be followed by a conference call at 2:00 p.m. (ET) to discuss the reported results.

Prime Healthcare Services will report earnings on November 13, 2024. The company will then host a conference call on November 14th at 2:00 p.m. (ET) to discuss the reported results.

Prime Healthcare Services, Inc., one of the nation's leading health systems with 44 award-winning hospitals in 14 states, today announced the successful closing and funding of $1.5 billion Senior Secured Notes due 2029.

Prime Healthcare today announces that Fitch Ratings has upgraded Prime Healthcare Services, Inc.’s (PHSI) senior secured notes to “B+” and upgraded the outlook to Stable.

Prime Healthcare Services, Inc. has completed the purchase of real estate of four facilities that comprise Saint Clare’s Health and St. Francis Medical Center from Medical Properties Trust (MPT) for $350 million. The acquisition was funded with $250 million of cash on hand and a $100 million Promissory Note that is carried by MPT. The transaction results in a $215 million reduction in Prime’s debt obligations to MPT related to these assets.

Prime Healthcare Services will report earnings on November 13, 2023. The company will then host a conference call on November 14th at 2:00 p.m. (ET) to discuss the reported results.

On August 25, 2023, Prime Healthcare Services, Inc. closed a $425 million Senior Secured Revolving Credit Facility. Due to strong lender support, the new credit facility is expected to be upsized to $450 million in early September 2023.

Prime Healthcare Services, Inc. will announce its 2nd Quarter 2023 financial results on August 14th. The Company will host a conference call on August 15th, 2023, at 2:00 p.m. (ET) to discuss the 2nd-quarter results.

Prime Healthcare Services, Inc. will announce its 1st Quarter 2023 financial results on May 12. The Company will host a conference call on May 15, 2023, at 1:30 p.m. (ET) to discuss the 1st-quarter results.

Prime Healthcare Services, Inc. will announce its 4th Quarter 2022 financial results on March 31, 2023. The Company will host a conference call on April 3, 2023, at 2:00 p.m. (ET) to discuss the 4th-quarter results.

Prime Healthcare Services, Inc. will announce its 3rd Quarter 2022 financial results on November 14, 2022. The Company will host a conference call on November 15, 2022, at 2:00 p.m. (ET) to discuss the 3rd-quarter results.

On September 2, 2022, Prime Healthcare Services, Inc. completed the repurchase of $50,980,000 aggregate principal amount of Prime’s outstanding 7.250% Senior Secured Notes due November 2025 (the “Notes”). On the Settlement Date, the Company paid all holders of Notes who validly tendered and did not withdraw their Notes on or prior to the Expiration Time, and whose Notes were accepted for purchase, the Total Consideration of $920.00 per $1,000 principal amount of Notes (plus accrued and unpaid interest). Prime Healthcare previously announced the cash tender offer on August 4, 2022, which expired on August 31, 2022.

On September 1, 2022, Prime Healthcare Services, Inc. completed the repurchase of nine general acute care hospitals and two related medical office buildings from Medical Properties Trust, Inc. for approximately $360 million. Prime Healthcare is the largest physician-founded and led health system in the nation, recognized for award-winning care and forwarding health equity by transforming hospitals into valued community assets.

Prime Healthcare Services, Inc. (the “Company” or “Prime Healthcare”) today announced that as of 5:00 p.m., New York City time, on August 17, 2022 (the “Early Participation Date”), pursuant to and in accordance with its previously announced cash tender offer (the “Tender Offer”), approximately $10.84 million in aggregate principal amount of the Company’s notes listed in the table below (collectively, the “Notes”) had been validly tendered and not validly withdrawn on or prior to the Early Participation Date.

Prime Healthcare Services, Inc. (the “Company” or “Prime Healthcare”) today announced it has commenced a cash tender offer (the “Tender Offer”) to purchase up to $100.0 million (subject to increase, the “Tender Cap”) in aggregate cash consideration (excluding accrued interest) of its 7.250% Senior Secured Notes maturing November 2025 (the “Notes”). The Tender Offer is being made on the terms and subject to the conditions set forth in the Offer to Purchase, dated August 4, 2022 (as it may be amended or supplemented, the “Offer to Purchase”).

Prime Healthcare Services, Inc. will announce its 2nd Quarter 2022 financial results on August 12, 2022. The Company will host a conference call on August 15, 2022, at 1:00 p.m. (ET) to discuss the 2nd-quarter results.

Prime Healthcare Services, Inc. announced its 1st Quarter and 2022 financial results on May 13, 2022. The Company will host a conference call on May 19, 2022, at 4:00 p.m. (ET) to discuss the 1st-quarter results.

Prime Healthcare Services, Inc. (Prime), an award-winning national health system with 31 hospitals, announced that it has closed its public offering of $225 million Add-on senior secured credit notes - above the initial offering amount of $150 million due to overwhelming demand by investors.