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Bidding war for St. John's Hospital in Santa Monica intensifies
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May 15, 2013
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Bidding war for St. John's Hospital in Santa Monica intensifies
Saint John's Hospital in Santa Monica is at the center of a bidding war, and the stakes just got a little higher today. Billionaire doctor and businessman Patrick Soon-Shiong is expected to make a formal bid for the hospital today, according to the Los Angeles Times. To do so, he has joined up the Roman Catholic Archdiocese of LA.
Image of the exterior of St. John's Hospital in Santa Monica.
Image of the exterior of St. John's Hospital in Santa Monica.
(
St. John's Hospital
)

Saint John's Hospital in Santa Monica is at the center of a bidding war, and the stakes just got a little higher today. Billionaire doctor and businessman Patrick Soon-Shiong is expected to make a formal bid for the hospital today, according to the Los Angeles Times. To do so, he has joined up the Roman Catholic Archdiocese of LA.

Saint John's Hospital in Santa Monica is at the center of a bidding war, and the stakes just got a little higher today. Billionaire doctor and businessman Patrick Soon-Shiong is expected to make a formal bid for the hospital today, according to the Los Angeles Times. To do so, he has joined up the Roman Catholic Archdiocese of LA. 

LA Times reporter Chad Terhune joins the show to fill us in on the details.