El Camino Hospital, Tenet Agree to Early Close of Escrow in California Hospital Acquisition

El Camino Hospital, based in Mountain View, Calif., and property owner Tenet Healthcare Corp. agreed to an early close of escrow on Los Gatos (Calif.) Hospital, according to a news release from El Camino Hospital.

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The agreement will allow El Camino to gain access to the Los Gatos location on Apr. 11 instead of June 1 and will allow El Camino to open the hospital in mid-July, sooner than previously expected.

In addition to the land and buildings, El Camino acquired more than 6,600 pieces of medical equipment in the deal, according to the release.

The Los Gatos location will offer acute care, orthopedics and spine services when it reopens.

Read about El Camino Hospital’s acquisition of Los Gatos Hospital.

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