Cedars-Sinai Acquires Marina Del Rey

Cedars-Sinai Medical Center has expanded its services into the South Bay area of Los Angeles with the acquisition of Marina Del Rey Hospital.

Marina Del Rey hospital had previously been operated by a for-profit company, CFHS Holdings, which in turn was operated by Westridge Capital, an L.A.-based investment firm. The 145-bed facility will operate as a community hospital affiliate to Cedars and continue to offer specialty services such as  spinal care, weight loss, orthopedics and minimally invasive surgery, women’s health and internal medicine. All 660 Marina Del Rey employees are expected to remain on the payroll.

“Marina Del Rey Hospital’s affiliation with Cedars-Sinai will be a terrific step forward as this great hospital continues the execution of its important strategic mission, providing the finest care to the communities it serves,” said

 Brian Kaufman, managing partner of Westridge Capital. “We have been thrilled to be a part of this hospital’s transformation and growth over the last 11 years.”

In recent months, Cedars  opened an urgent care and primary care center in Culver City. It will open another such facility in the Playa Vista neighborhood adjoining Marina Del Rey next year. 

“This is a positive move for Marina Del Rey Hospital, allowing our management team to accelerate our progress toward achieving strategic goals while creating opportunities for additional growth and program enhancement,” said hospital CEO Sean Fowler. “We look forward to hearing the ideas of our MDRH physician leadership and others as we move forward.”

Along with the hospital, Cedars also purchased an adjacent medical office buiding. Terms of the transaction were not disclosed.