Adventist Health Acquires Beverly Community Hospital In Montebello For $39M

Adventist Health has acquired the financially distressed Beverly Community Hospital near Los Angeles, renaming it Adventist Health White Memorial Montebello. The hospital, located at 309 West Beverly Boulevard in the Montebello market, was purchased for $39 million. The transaction aims to revive critical care services and address the community's acute care needs amidst financial difficulties and government insurance constraints.

Summary of transaction details

• Property Type: Hospital
• Transaction Amount: $39,000,000
• Address: 309 West Beverly Boulevard
• Market: Montebello

Andrew Jahn represented Adventist Health in the acquisition of Beverly Community Hospital. The deal has allowed Adventist Health to expand its healthcare network and provide essential services to the Montebello community. The purchase of this hospital supports Adventist Health's mission to deliver quality healthcare and address the local population's healthcare needs.