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In 2019, Verity agreed to sell St. Francis to KPC Group in Riverside for $420 million, but the deal was not completed. On April 9, 2020, Verity announced the sale of St. Francis to Prime Healthcare Services for over $350 million; Prime committed to investing $47 million in capital improvements, the deal was completed in August 2020. [8]
This page was last edited on 20 November 2020, at 03:50 (UTC).; Text is available under the Creative Commons Attribution-ShareAlike 4.0 License; additional terms may apply.
KPC Group agreed to purchase Seton Medical Center and Seton Coastside in Northern California for a combined $70 million, St. Francis Medical Center in Lynwood for $420 million, and St. Vincent Medical Center in Los Angeles for $120 million. [12] [13] However, the sale was not completed by the court-mandated deadline of December 5. [14] [15]
This page was last edited on 12 January 2020, at 12:32 (UTC).; Text is available under the Creative Commons Attribution-ShareAlike 4.0 License; additional terms may apply.
St. Francis Medical Center: Lynwood: California: 369 II St. Mary Medical Center: Long Beach: California: 415: II Stanford Health Care/Lucile Packard Children's Hospital: Stanford: California: 361 I I Sutter Health Eden Medical Center: Castro Valley: California: 130 II Sutter Roseville Medical Center: Roseville: California: 328 II Tahoe Forest ...
Los Angeles General Medical Center (also known as LA General and formerly known as Los Angeles County+USC Medical Center, County/USC, County General or by the abbreviation LAC+USC) is a 600-bed public teaching hospital located at 2051 Marengo Street in the Boyle Heights neighborhood of Los Angeles, California, and one of the largest academic medical centers in the United States.
Lynwood is a city in Los Angeles County, California, United States. At the 2020 census , the city had a total population of 67,265, down from 69,772 at the 2010 census . Lynwood is located near South Gate and Compton in the central portion of the Los Angeles Basin .
The closure of Martin Luther King Jr. Multi-Service Ambulatory Care Center in 2007, due to revocation of federal funding after the hospital failed a comprehensive review by the U.S. Centers for Medicare and Medicaid Services, had immediate ramifications in the South Los Angeles area, which was left without a major hospital providing indigent care.
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