Avanti owns three other hospitals: East Los Angeles Doctors Hospital, Memorial Hospital of Gardena (Calif.) and Community Hospital of Huntington Park (Calif.).
The transaction is expected to close in early May.
Read the release on Coast Plaza Hospital and Avanti Hospitals.
Read more coverage on hospital transactions:
– California’s Community Hospital of Long Beach Shifts Lease to Long Beach Memorial
– Georgia’s University Hospital, MCGHealth Explore Collaboration
– Chicago’s Loyola University to Receive $100M From Hospital Sale
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