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Rady Children’s San Diego, CHOC Agree to Merge
Children’s HealthCare of California, the parent company of Children’s Hospital of Orange County (CHOC), and Rady Children’s Hospital and Health Center, the parent company of Rady Children’s Hospital-San Diego, agreed to merge CHOC and Rady Children San Diego under a single entity called Rady Children’s Health.
CHOC’s president and CEO, Kimberly Chavalas Cripe, and Rady Children’s president and CEO Patricio A. Frias will become co-CEOs of the new parent company.
The hospitals will remain focused on the communities they serve and maintain separate medical staffs and governing boards. They will also build on their respective affiliations with the University of California and its medical schools at UC Irvine and UC San Diego.
“CHOC and Rady Children’s – both nationally recognized for clinical excellence and compassionate care – have put forward a shared vision that puts children and their families first, ensuring them access to the very best practitioners, treatments and technology available in pediatric medicine,” said Rady Children’s board chair Paul Hering.
- ◦Sale/Acquisition
