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Not-for-profit arm of Prime Healthcare to buy CHS hospital
Modern Healthcare

The Prime Healthcare Foundation, a not-for-profit affiliated with for-profit health system Prime Healthcare Services, reached a deal to acquire a New Jersey hospital from Community Health Systems.

Under the deal, the Victorville, Calif.-based Prime Healthcare Foundation would acquire Memorial Hospital of Salem County in Salem, N.J. The sale is expected to close before the end of June. The foundation operates seven other hospitals in California and Texas.