Scripps Wins Hospice Bidding War for $16.5 Million
Scripps Health became the owner of a hospice hospital this week after winning a head-to-head bidding war against Sharp HealthCare.
Offering up the winning bid of $16.55 million, Scripps became the owner of the the former San Diego Hospice hospital and eight-acre property in Hillcrest.
“We are very pleased to have this facility, which was designed and built specifically for hospice patients so that we can further expand our hospice program,” said Chris Van Gorder, president and CEO of Scripps Health.
Scripps launched its hospice program in February in order to provide options for the hundreds of patients annually that had been referred to San Diego Hospice from Scripps hospitals and physicians.
Already well-established in the home care sector, Scripps has provided home health care services to San Diego for more than 25 years.
Last year, Scripps Home Health provided more than 65,000 home visits to patients throughout San Diego County.
“This unique facility and property are ideal for end-of-life care and will allow us the opportunity to serve our patients and the community for years to come,” said Van Gorder. “We intend to honor those who received care there and those who have given so generously to support this location over the years.”
Written by Jason Oliva