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Reports: Judge lets Prime-Landmark deal proceed
Modern Healthcare

Prime Healthcare Services, Ontario, Calif., has received court approval to buy Landmark Medical Center, Woonsocket, R.I. Local media reports said Superior Court Judge Michael Silverstein gave the go-ahead for the transaction less than two weeks after Prime disclosed it had reached a deal for the 133-bed medical center. For-profit system Prime, which focuses on turning around distressed hospitals, stepped in to buy Landmark the day after negotiations fell apart with private equity-backed Steward Health Care System, which dropped its bid on Sept. 27.