Chief Healthcare Executive August 14, 2024
Ron Southwick

UCSF Health has now acquired two San Francisco facilities from Dignity Health. The completion of the deal follows an agreement with the California attorney general’s office.

It took some time and negotiation, but UCSF Health has completed the acquisition of two San Francisco hospitals from Dignity Health.

UCSF Health has now taken over Saint Francis Memorial Hospital and St. Mary’s Medical Center from Dignity Health, which is part of CommonSpirit Health, the large, nonprofit Catholic system. USCF Health completed the transaction earlier this month. The system announced the planned acquisition in February.

Suresh Gunasekaran, president and chief executive officer of UCSF Health, said the acquisition enables the system to “preserve these critical services for the City of San Francisco.”

“We’re...

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Topics: Health System / Hospital, Mergers & Acquisitions / JV, Provider, Trends
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