Ontario-based Prime Health Services said it donated La Palma Intercommunity Hospital to the Prime Healthcare Foundation.
The foundation is a nonprofit organization funded by the chairman and chief executive of the for-profit Prime Health Services and his family.
La Palma Intercommunity has 141 beds and ranks No. 20 on the Business Journal’s latest annual list of hospitals, with net patient revenue of $59.7 million in the 12 months ended September 2013 and a pretax profit of $7.1 million.
