Philanthropist Pledges Funds To Reopen King Hospital
On Wednesday, Patrick Soon-Shiong pledged to provide a $100 million guaranty to the UC Board of Regents to underwrite Los Angeles County's plan for UC to help reopen Martin Luther King Jr.-Harbor Hospital in Watts. The facility ended inpatient services two years ago after it failed a series of federal inspections. Soon-Shiong will discuss his proposal with UC regents on Nov. 19.
- "Billionaire Offers $100 Million Guaranty To Reopen King Hospital" (Hennessy-Fiske, Los Angeles Times, 10/29).