HEALTH

Memorial Health Services to Buy FHP Hospital: The Long Beach company agreed to pay $87 million to acquire FHP International Corp.’s Fountain Valley hospital, neighboring corporate headquarters and surrounding 11-acre campus, the companies said. Memorial Health, which also owns hospitals in Long Beach, Laguna Hills and Anaheim, will hire FHP’s hospital employees. FHP’s corporate employees will remain in the headquarters office until the company moves to new headquarters in Santa Ana in late June. The transaction reflects FHP’s plan to change itself from a health maintenance organization that serves its members through its own hospitals and medical groups to one that contracts for those services with outside providers.