Gardena Memorial Hospital Sold
Gardena Memorial Hospital, a 200-bed acute care facility, was sold this month to Century MediCorp for $6.7 million by Republic Health Corp., officials said.
Century MediCorp is a Pasadena-based health maintenance organization that operates AmeriMed in Los Angeles and San Diego counties, Loma Linda Health Plan in San Bernardino and Riverside counties and VIP Health Plan in Ventura County. The company, which serves more than 105,000 members, also operates East Los Angeles Doctors Hospital.
Vice Chairman Thomas Maloof said Gardena Memorial will continue to operate as a community hospital.