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Avanti Hospitals to Buy Coast Plaza Hospital In Norwalk, California (So. California)

Posted Mar 25 2011 6:45pm

One more hospital coming under the management of a company that’s going to help them run more efficiently and save money.  It’s first off all about the algorithms of payment and then of course there’s additional methodologies for improving care and services.  One thing for sure today when it comes to hospital management, the business image intelligence transactional reporting comes first as far as looking for places to improve and the rest kind of falls into place from there.  BD

From the Avanti Website:

“Avanti leverages the unique capabilities and 100+ years of experience of its management team to drive change and create value in the areas of hospital and related healthcare operations, transactional and financial strategies, healthcare real estate strategies, turnaround and crisis management, and executive leadership.

We offer proven healthcare experience and the know how to promote the necessary changes that enable healthcare operations to realize their full potential. We’ve worked with doctors, investors, tenets, landlords, regulators, government agencies, and senior management teams, all while maintaining a reputation of trust and high integrity that gives us credibility in the marketplace.”

NORWALK, Calif., March 24, 2011 /PRNewswire/ -- Coast Plaza Hospital and Avanti Hospitals, LLC are pleased to announce that they have entered into a definitive purchase agreement whereby Avanti will acquire Coast Plaza Hospital, making the Norwalk facility the fourth hospital in Los Angeles County to join the Avanti family. Through its affiliates, Avanti currently owns or operates Memorial Hospital of Gardena, East Los Angeles Doctors Hospital, and Community Hospital of Huntington Park. The Coast Plaza transaction is anticipated to close in early May, 2011.

"Avanti's mission is to build a hospital system that stands as an innovative leader in quality of care, operational efficiency, patient satisfaction, financial strength, and community contribution," Freedman said. "Considering its outstanding physicians and nurses, committed staff, and terrific location, Coast Plaza Hospital is the perfect complement to our regional community hospital network."


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