August 2, 2015 Comments Off on St. Joseph Health System Merging With Hospital Group Views: 453 California News, Healthcare News, Los Angeles, Medical Office Building

St. Joseph Health System Merging With Hospital Group

St. Joseph Health System, one of the largest hospital groups in the Los Angeles area, is merging with Providence Health & Services, a firm based in Renton, Wash., with major holdings in the area.

Providence is a nonprofit, which owns a total of 34 hospitals, 475 clinics and other facilities. Some of its holdings include buildings in the San Fernando Valley, South Bay and Santa Monica. Among its holdings are the John Wayne Cancer Institute in Santa Monica, as well as St. John’s hospital, in the same city.

Executives of both firms say they want to provide more affordable healthcare for patients.

Read More at Los Angeles Business Journal

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