Becker's Healthcare August 1, 2024
San Francisco-based UCSF Health has acquired two Dignity Health hospitals.
Saint Francis Memorial Hospital and St. Mary’s Medical Center, both also located in San Francisco, bring a total of 1,800 employees and providers onto the UCSF Health team, according to an Aug. 1 news release.
The two parties signed a $100 million definitive agreement for UCSF Health to take on the hospitals in February. In early July, UCSF Health and California Attorney General Rob Bonta signed a cooperative agreement that preserved key services and cleared the way for the two hospitals to join UCSF Health.
The hospitals shed their religious affiliation and are now known as UCSF Health Saint Francis and UCSF Health St. Mary’s under the acquisition....
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