A notice from a Los Angeles investment bank indicates that Suburban Community Hospital and two other area hospitals may be for sale, writes Harold Brubaker for The Philadelphia Inquirer.

The notice didn’t identify specifically which hospitals are for sale. It just said, “three Philadelphia-area hospitals.”

The description, however, gives some clues. The three hospitals are acute-care hospitals with one owner and an average of 136 beds.

Brubaker writes that this description fits the three Philadelphia-area hospitals owned by Prime Healthcare Services Inc. — Lower Bucks, Roxborough Memorial, and Suburban Community.

Prime declined to comment on the notice.

“We don’t comment on strategic merger and acquisitions initiatives,” Prime spokesperson Elizabeth Nikels said in an email.

All three hospitals have had large operating losses in the last few years and their combined inpatient volume fell to 2,250 discharges last year from 3,975 in 2018.

Read more about the potential sale of Suburban Community and other Prime hospitals in The Philadelphia Inquirer.

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