Irvine (Calif.) Regional Hospital and Medical Center will close on Jan. 15, a few weeks before Tenet Healthcare Corp.s lease expires, the for-profit hospital chain announced.
HCP, the real estate investment trust that owns the 176-bed hospital, made a deal in July to lease the facility to 417-bed Hoag Memorial Hospital Presbyterian, Newport Beach, Calif. The hospital will reopen sometime in 2010 after renovations, a spokeswoman for Hoag Memorial said.
Tenet will shutter the facility, including the emergency department, in mid-January in order to meet its lease agreement with HCP, a Tenet spokesman said. -- by Rebecca Vesely