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Corporate

May 21, 2013

St. John's bidding war shines spotlight on consolidations

The bidding war that erupted last week for the storied St. John's Health Center in Santa Monica is shining the spotlight on the latest example of a wave of health care consolidation rippling across the country.


By Andrew McIntyre


Daily Journal Staff Writer


The bidding war that erupted last week over the storied St. John's Health Center in Santa Monica is shining the spotlight on a wave of health care consolidation rippling across the country. Los Angeles billionaire and major donor to the hospital Patrick Soon-Shiong had teamed up with the Roman Catholic Archdiocese of Los Angeles to tender a bid, though he was ultimately beat out by Providence Health &...

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