Attorney General Approves Mission Hospital Acquisition of SCMC

The Office of Attorney General of the State of California (AG) announced its approval of the acquisition of South Coast Medical Center by St. Joseph Health System’s Mission Hospital from Adventist Health. The decision clears the way for completion of the purchase transaction by June 30 for the 208-bed Laguna Beach facility.

Mission Hospital and Adventist Health are pleased with the decision and would like to publicly thank the Attorney General’s Office for its review and approval of the sale, and the residents and City of Laguna Beach for their support. Transactions of this scope are very complex and require thoughtful assessment and substantial effort to ensure the best possible care for the community.

Both Adventist Health and Mission Hospital have agreed to the conditions outlined by the Attorney General in the interest of preserving not-for-profit healthcare services for the south Orange County coastal communities.

“We look forward to continuing the tradition of providing compassionate care and service to the community. We will continue to work with Adventist Health to ensure a smooth transition for staff, physicians, patients and families and look forward to further serving the healthcare needs of the residents of the South County coastal communities.” said Peter F. Bastone, President and Chief Executive Officer, Mission Hospital.

“We are pleased that the Attorney General has approved what Adventist Health believes is the most desirable action -- selling South Coast Medical Center’s assets to a new not-for-profit owner who will continue its operations and invest in its future, a goal we have shared with the community from the start,” said Teresa Day, Vice President, overseeing the sales process for Adventist Health.

For detailed information about the Attorney General’s decision and the conditions, Click here.