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Sharp Sells North County Medical Offices to Scripps

A deal announced April 30 will transfer a group of North County medical offices owned by Sharp HealthCare to Scripps Health, and physicians employed by the group will join Scripps Mercy Medical Group.

Sharp HealthCare is selling its assets associated with Sharp Mission Park Medical Centers to Scripps Health, and about 430 Sharp employees working for the medical group will become employees of Scripps Health. The transfer also involves 64 physicians who practice family medicine, internal medicine and pediatrics.

The transition will take place no later than Oct. 1, according to Scripps Health.

Financial terms of the deal were not disclosed.

Chris Van Gorder, president and chief executive officer of Scripps Health, said the move will allow the health care provider to grow its market share.

“Maybe more important than that, we anticipate a national shortage of physicians,” Van Gorder said.

Sharp HealthCare owns and operates seven Sharp Mission Park Medical Center locations in Encinitas, Fallbrook, Oceanside and Vista. Van Gorder said Scripps might choose to consolidate the smaller offices, but that a decision would require further discussion.

“We have no radical plans to do anything right now other than to transfer the ownership with Scripps Health,” he said.

Scripps plans to open a medical office building in Carlsbad in November and Van Gorder said some of the Sharp physicians could be moved into the new offices.

Mike Murphy, president and chief executive officer of Sharp HealthCare, said divestiture will give the health care agency time to focus on its core centers.

“It allows us to focus our capital to be invested in our areas where we have more significant opportunities on the ambulatory side and inpatient side,” he said.

, Heather Chambers

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