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UCLA, Others Possibly in Mix to Buy St. John's Health Center in California

Many potential buyers are lining up at the doors of St. John's Health Center, a Sisters of Charity of Leavenworth hospital based in Santa Monica, Calif., according to a Los Angeles Times report.

One of the biggest potential acquirers is UCLA Health System. According to the report, people "familiar with the situation" said UCLA would partner with Ascension Health Alliance — the parent holding company of St. Louis-based Ascension Health, the largest Catholic-based health system in the United States — to manage the hospital. However, UCLA spokespeople denied having bids or partnerships to acquire St. John's.

The LA Times also cited Renton, Wash.-based Providence Health & Services as a potential health system willing to buy St. John's.

St. John's has said it wants the new owners to be a Catholic-based institution, as it currently is, which may rule out other Los Angeles-based healthcare giants like Cedars-Sinai Medical Center and Keck Medical Center of USC.

More Articles on Hospital Transactions:

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