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SHERMAN OAKS HOSPITAL AND GROSSMAN BURN CENTER - UPDATE

Sherman Oaks, CA - September 1, 2009. The Grossman Burn Center located at Sherman Oaks Hospital, announced today that it would relocate to West Hills Hospital and Medical Center in the first quarter of 2010. The Burn Center has been located at Sherman Oaks Hospital, a subsidiary of Prime Healthcare Services (“PHS”), for over 30 years.

PHS continued the operations of the Burn Center since its acquisition of Sherman Oaks Hospital in January 2006. In addition, Prem Reddy, MD, FACC, FCCP, PHS’ Chairman of the Board, made a personal donation of $ 1 million to the Circle of Care Foundation (formerly, Sherman Oaks Hospital Foundation), which serves the health care needs of the indigent residing in communities served by Sherman Oaks Hospital including burn care services and both Dr. Reddy and Sherman Oaks Hospital have provided continued support to the Children’s Burn Foundation. “We are very happy that we had a long and beneficial relationship with the Grossman Burn Center,“ said Dr. Prem Reddy.  “We wish them all the best at West Hills Hospital and Medical Center.  We are happy that the expert services of Drs. Grossman will remain available to the people of the San Fernando Valley.”

Sherman Oaks Hospital, a 153-bed acute care facility, announced last week opening of its brand new state-of-the-art Cardiac Catheterization Laboratory and a 19-bed Geriatric Psychiatric (Gero-Psych.) facility offering much needed cardiac and mental health care services especially for the seniors in the area. The Gero-Psych. Department opened in the same unit where the previous operator of Sherman Oaks Hospital had closed down the unit. PHS made the decision to reopen the department after it determined behavioral health services were greatly needed, especially for seniors in San Fernando Valley. 

Prime Healthcare’s network of hospitals was recognized in August as one of the
Top 10 Health Systems in the nation for 2009 in a first time survey conducted by
Thomson Reuters’ Top 100 Hospital™ survey. Thomson Reuters ranked PHS as one of the top 10 healthcare systems out of 252 health systems in the nation that were surveyed, placing PHS above such prestigious organizations like the Mayo and the Cleveland Clinics. Thomson Reuters research evaluated the health systems based on five metrics that gauge clinical quality and efficiency: mortality, medical complications, patient safety, average length of stay, and adherence to clinical standards of care. Thomson Reuters estimates that if all Medicare inpatients received the same level of care as that received in the 100 Top Hospital™ award-winning hospitals, more than 47,000 additional patients would survive each year and nearly 92,000 patient complications would be avoided annually. PHS is the only hospital system in the western United States to be recognized in the Top 10 award and data from Sherman Oaks Hospital was utilized in achieving this recognition.

About Prime Healthcare Services
Prime Healthcare Services, Victorville, Calif., is a progressive, innovative and rapidly expanding hospital management company in Southern California. The mission of PHS is to provide comprehensive quality healthcare in a compassionate, convenient and cost-effective manner.  With more than 8,000 employees, PHS, by and through its subsidiaries, currently owns and operates thirteen acute care hospitals:  Centinela Hospital Medical in Inglewood (370- beds), Chino Valley Medical Center in Chino (126- beds), Desert Valley Hospital in Victorville (83- beds), Encino Hospital Medical Center in Encino (151-beds), Garden Grove Hospital Medical Center in Garden Grove (167-beds), Huntington Beach Hospital in Huntington Beach (141-beds), La Palma Intercommunity Hospital in La Palma (131-beds), Montclair Hospital Medical Center in Montclair (102-beds), Paradise Valley Hospital in National City (301-beds), San Dimas Community Hospital in San Dimas (93-beds), Shasta Regional Medical Center (246-beds), Sherman Oaks Hospital and the Grossman Burn Center in Sherman Oaks (153-beds), and West Anaheim Medical Center in Anaheim (219-beds) in California.  For more information, please visit www.primehealthcare.com

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