UCI Health, a healthcare provider based in Orange, California has recently acquired Tenet Healthcare’s Pacific Coast Network. This acquisition includes four hospitals located in Southern California and their associated outpatient locations. The purchase price for this acquisition was $975 million as announced in a news release on March 26.
Under the terms of the agreement, Tenet Healthcare’s medical centers, including Fountain Valley Regional Hospital, Lakewood Regional Medical Center, Los Alamitos Medical Center, and Placentia-Linda Hospital are now integrated into UCI Health. This addition will result in an increase of 858 inpatient beds to the UCI Health system.
This acquisition, first announced in February, will significantly expand UCI Health’s healthcare network and enable them to serve a larger population in Southern California. With a strategic focus on providing high-quality patient care and comprehensive medical services, UCI Health continues to strengthen its position as a leading healthcare provider in the region.
