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MemorialCare buys doctors' management group

Orange County Business Journal, March 1, 2012

Fountain Valley-based hospital operator MemorialCare Health System said today that it bought Nautilus Healthcare Management Group in Newport Beach, which provides management services for Greater Newport Physicians. Terms were not disclosed. MemorialCare owns Orange Coast Memorial Medical Center and Saddleback Memorial Medical Center. It said that Greater Newport Physicians, which has 400 doctors, will be affiliated with its MemorialCare Medical Foundation, a nonprofit medical management organization that includes 135 physicians and more than 800 contracted specialists.