ReadiCare offered to buy U.S. Medical Enterprises.
- Share via
Continuing its aggressive growth strategy, ReadiCare Inc. of Irvine, an operator of drop-in medical offices, offered $12.3 million in stock for the Santa Monica owner of eight industrial accident medical centers. The acquisition would give ReadiCare a total of 32 medical centers, primarily in Southern California. Officials from both companies were unavailable for comment. U.S. Medical Enterprises’ centers are located in Los Angeles and Orange counties. ReadiCare would operate U.S. Medical Enterprises, which had profits of $202,000 in its most recent fiscal year, as a wholly owned subsidiary. In its most recent fiscal year, ReadiCare lost $494,000.
More to Read
Inside the business of entertainment
The Wide Shot brings you news, analysis and insights on everything from streaming wars to production — and what it all means for the future.
You may occasionally receive promotional content from the Los Angeles Times.