Fountain Valley Regional Hospital, Lakewood Regional Medical Center, Los Alamitos Medical Center and Placentia-Linda Hospital are now a part of Orange, Calif.-based UCI Health, which is part of the University of California Irvine, according to a March 26 news release.
The ASCs acquired by UCI Health are Pacific Endoscopy & Surgery Center in Mountain Valley and Reagan Street Surgery Center in Los Alamitos.
The deal is a part of Tenet’s strategy to sell off hospitals. In February, Tenet inked a $550 million deal with Roseville, Calif.-based Adventist Health for the sale of two Tenet hospitals and related operations in California’s San Luis Obispo County. Also in February, the company finalized the sale of three hospitals in South Carolina to Winston-Salem, N.C.-based Novant Health for $2.4 billion.
At the Becker's 23rd Annual Spine, Orthopedic and Pain Management-Driven ASC + The Future of Spine Conference, taking place June 11-13 in Chicago, spine surgeons, orthopedic leaders and ASC executives will come together to explore minimally invasive techniques, ASC growth strategies and innovations shaping the future of outpatient spine care. Apply for complimentary registration now.
