The hospital is owned by Pacific Health Corporation and said it will stay open until a buyer is found and like most hospitals that are for sale, it’s not making money and is losing money. I don’t really know if the CEO was booted but he is gone. There is no additional information as far as an asking price or any numbers on how much the hospital is losing. It was only a few months ago they were able to get their accreditation back.
Already they are asking Prime Healthcare if they are going to make an offer and we know what happens there, we have one more “Cadillac” ER room in the making. I live around a couple of their hospitals and you can roll bowling balls through the once busy parking lots. The hospital has 142 beds and there could be other offers as well. Prime bought Alvarado Hospital in San Diego in January and right after the purchase, here’s the headlines at the link below. BD
Alvarado Hospital Recently Acquired by Prime Healthcare To Lay Off One Quarter of the Staff in San Diego
Anaheim General, the hospital that accomplished an almost unheard of turnaround after losing federal reimbursement for patient care, is up for sale, officials confirmed Thursday.
In a statement, hospital owner Pacific Health Corp. said Anaheim General is losing money every month, which hurts the company's other hospitals. And this week, chief executive officer Tom Salerno resigned. Salerno orchestrated the hospital's comeback.
The company said the hospital will remain open while a buyer is found. The company declined to disclose an asking price or say how much money Anaheim General is losing.
Anaheim General's nearest competitor is West Anaheim Medical Center, just 1.3 miles away. Two other hospitals, Western Medical Center-Anaheim and Anaheim Regional Medical Center, also operate in the city.
Pacific Health owns Newport Specialty Hospital, a nursing home in Tustin, Bellflower Medical Center and Los Angeles Metropolitan Medical Center.