California-Based St. Joseph Health Systems to Acquire Laguna Beach Community Hospital

St. Joseph Health Systems, based in Orange, Calif., will acquire South Coast Medical Center, a 208-bed facility located in Laguna Beach, Calif., once the transaction is approved by the State Attorney General’s Office, according to The Orange Country Register.

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The hospital’s owner, Adventist Health, put the hospital up for sale in September after years of financial losses and the closing of its maternity ward.

Approval of the sale by the State Attorney General’s office may take several months.

St. Joseph Health Systems currently controls 14 acute care hospitals, including Mission Hospital in Mission Viejo, Calif., in three regions of the country: Northern California, Southern California and West Texas/Eastern New Mexico.

Read The Orange Country Register report on the sale of South Coast Medical Center.

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