Posted: Friday, February 28, 2014
Providence Approved to Take Over Saint John's Health Center
Providence Health & Services, Southern California on Thursday said it has received approvals from church and state officials to take over Santa Monica's Saint John’s Health Center and the John Wayne Cancer Institute from SCL Health System.
The California Attorney General’s Office approved the transaction after the Holy See, the governing office of the Catholic Church, granted its permission for the change between the two Catholic not-for-profit healthcare organizations. The facility will change hands on Saturday.
The 234-bed hospital, which will be renamed Providence Saint John’s Health Center, was founded by in 1942 by the Sisters of Charity of Leavenworth, and has been part of its SCL Health System in Denver. After studying bids by several Catholic-affiliated entities, SCL entered negotiations with Providence last May and signed and agreement in September.
Saint John’s will become the sixth area hospital operated by Providence Southern California in Mission Hills, a unit of Providence Health & Services of Renton, Wash.. that owns hospitals in Mission Hills, Burbank, Tarzana, Torrance and San Pedro.
“This is a very exciting moment for Providence and for Providence Saint John’s as we unite the legacies of our founders to continue advancing the art and science of quality and compassionate health care,” Michael Hunn, chief executive of Providence Southern California, said in a statement.
Terms of the deal were not disclosed. A private ceremony is planned Friday to mark the transition.
Source: L.A. Business Journal, Deborah Crowe