LA Business Journal

PIPELINE HEALTH SYSTEM

HEADQUARTERS: El Segundo

YEAR FOUNDED: Predecessor company, Avanti Healthcare, founded in 2009; Pipeline formed out of recapitalization in 2019.

BUSINESS: Owns and operates system of five safety net hospitals

CEO: Andrei Soran

EMPLOYEES: 4,200 total; approx. 3,000 full-time

OPERATING REVENUE AFTER ADJUSTMENTS (12 months ended in August): $684 million

NET LOSS (12 months ended in August): Roughly $272 million

HEALTH CARE & BIOTECH

en-us

2023-01-30T08:00:00.0000000Z

2023-01-30T08:00:00.0000000Z

https://labusinessjournal.pressreader.com/article/281874417540635

LABJ