Becker's Healthcare November 7, 2024
California Attorney General Rob Bonta has conditionally approved a pediatric hospital merger under which Children’s HealthCare of California, the parent company of Children’s Hospital of Orange County and CHOC at Mission Hospital, and Rady Children’s Hospital and Health Center, the parent company of Rady Children’s Hospital–San Diego, will form a single parent entity called Rady Children’s Health.
Mr. Bonta announced the approval on Nov. 4, saying the conditions will “ensure that Southern California families retain access to quality, affordable pediatric care during the most difficult times in a child’s life.”
Among other conditions to be met, Rady Children’s must ensure the following conditions for a 10-year period, according to Mr. Bonta’s conditional approval letter:
- Continually maintain general...