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Recently shuttered California hospital to sell assets in 2-part sale

BidMed, a healthcare asset disposition company, will host a one-day online auction Dec. 12 to sell recently closed Los Angeles-based Pacific Alliance Medical Center's remaining assets.

The auction will take place from 9 a.m. to 5 p.m. CST.

The Dec. 12 sale is the second of BidMed's two-part sale to liquidate the former 138-bed hospital's assets. The first part of the sale included a sealed auction bid. Interested parties were to submit bids by 2 p.m. Dec. 8.

The hospital closed Nov. 30 after operating for more than 150 years.

For a complete list of sale items, click here.

More articles on transactions and valuations:
CHI, Dignity Health to merge into $28.4B nonprofit system: 7 takeaways
Adventist Health drops out of running to operate California hospital
WVU Hospitals, Garrett Regional Medical Center enter management agreement

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