MemorialCare operates a nonprofit health system in Southern California that runs four hospitals, two medical groups, imaging centers, surgical centers, and other specialized facilities to deliver a wide range of medical services. Patients access inpatient and outpatient care, diagnostic imaging, surgeries, and other treatments across the network’s facilities, with revenue from patient services, insurer reimbursements, and community support. Profits are reinvested into upgrading facilities, expanding services, and enhancing patient care, rather than distributed to shareholders. The organization holds Joint Commission accreditation and conducts community health needs assessments to align services with local needs and improve safety and outcomes.
Company Size
501-1,000
Company Stage
Early VC
Total Funding
$1.8M
Headquarters
Laguna Hills, California
Founded
2005
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