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Wednesday, May 25, 2022

KPC Buys High Desert Hospital

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KPC Global, a Riverside company whose founder is the majority owner of Santa Ana-based Integrated Healthcare Holdings Inc., has bought a Victorville hospital out of bankruptcy.

Victor Valley Community Hospital had been looking for a buyer since it filed for bankruptcy protection in 2010. KPC agreed to invest $25 million over the next five years to improve Victor Valley and will turn it into a for-profit operation.

St. Mary Medical Center, which is owned by Orange-based St. Joseph Health, had made a bid for Victor Valley earlier this year.

KPC’s founder, physician Kali P. Chaudhuri, became the majority owner of Integrated in 2007. Integrated owns Western Medical Center-Santa Ana, Western Medical Center-Anaheim, Chapman Medical Center in Orange and Santa Ana’s Coastal Communities Hospital.

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