Hospital Transactions & Valuation Issues
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California's Community Hospital of Long Beach to Merge With Long Beach Memorial
January 27, 2011
Community Hospital of Long Beach (Calif.) is currently undergoing due diligence to merge with MemorialCare Health System in Long Beach, according to a Gazettes report.
The hospital announced last August it would merge with MemorialCare's Long Beach Memorial Medical Center. The deal is expected to close in June, according to the report.
Community Hospital was closed by Catholic Healthcare West in 2000 but reopened nine months later as an independent community hospital.
Read the Gazettes report on Community Hospital of Long Beach.
Read more coverage on California hospitals:
- California's Stanford Hospital and Clinics Boost Expansion Plans with $173M in Community Perks
- Two California Bay Area Children's Hospitals Explore Merger
- California's Saint Agnes Medical Center to Acquire Fresno Surgical Hospital
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