Rady Children’s, CHOC officially merge

Rady Children’s Hospital-San Diego and Orange, Calif.-based Children’s Hospital of Orange County have officially merged to form Rady Children’s Health, a three-hospital system with multiple primary and specialty care centers. 

Advertisement

The merger closed Dec. 31 following a conditional approval on Nov. 4 from California Attorney General Rob Bonta. Rady Children’s Health’s first official day of operation was Jan. 1, according to a Jan. 8 news release.

The parties shared plans to merge in December 2023 after collaborating for more than a decade. 

Kimberly Cripe, who served as president and CEO of CHOC, and Patrick Frias, MD, who served as president and CEO of Rady Children’s, now serve as co-CEOs of Rady Children’s Health.

“CHOC and Rady Children’s will build on their respective affiliations with the University of California and its medical schools at UC Irvine and UC San Diego…” the release said.

At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.

Advertisement

Next Up in Transactions & Valuation Issues

Advertisement

Comments are closed.