Effective March 1, Providence Health & Services based in Renton, Wash., will own and operate Saint John's Health Center in Santa Monica, Calif.
The Catholic-based Providence received clearance from California Attorney General Kamala Harris as well as the Vatican. The hospital, which will be renamed Providence Saint John's Health Center, will be Providence's sixth in the Los Angeles area. The system will have 33 hospitals altogether.
California initially approved the deal in January. This past September, Providence Health & Services, Southern California — a five-hospital division of Providence — agreed to acquire Saint John's from Catholic competitor SCL Health System in Denver.
Providence expects to make $100 million in capital investments at Saint John's, including the implementation of an electronic health records system. The AG's office also mandated Providence to keep Saint John's open as an acute-care hospital for five years and maintain certain levels of charity care, among several provisions.
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