As soon as the end of the year, the owner of Anaheim Memorial, Huntington Beach-based Memorial Health Services, is expected to settle on a bidder for the hospital. Dr. Reddy has not given up yet..BD
A rapidly growing high-desert hospital chain, whose bid to buy an Anaheim hospital was rejected last summer by the state attorney general, is one of half a dozen companies trying again to buy the struggling medical center. In July, the state declined to approve a $55-million sale of 223-bed Anaheim Memorial Medical Center to Prime Healthcare Services Inc. The firm is co-owned by Dr. Prem Reddy, a prominent and controversial cardiologist from Victorville, and a trust owned by his family. The sale of the nonprofit hospital to Prime Healthcare, a for- profit company, was rejected after months of opposition from community activists and doctors. The attorney general must approve the sale of nonprofit hospitals to for-profit companies.
Critics say Reddy-owned hospitals routinely turn away uninsured patients.