The pharmaceuticals mogul Patrick Soon-Shiong has offered the University of California regents a $100-million guaranty to underwrite the reopening of Martin Luther King Jr.-Harbor Hospital, the Los Angeles Times reports.

Mr. Soon-Shiong said the funds come with “no strings attached” and are intended to reassure regents hesitant to reopen the Los Angeles facility, which shut down inpatient services two years amid questions over medical errors and patient deaths. The regents are expected to vote November 19 on a plan to reopen the hospital.

Mr. Soon-Shiong, a former UCLA surgeon who has made billions in biotechnology and drug development, has become a major player in health-care philanthropy in recent years. Earlier this month he and his wife, the actress Michele B. Chan, pledged $65-million to the St. John’s Health Center in Santa Monica, Calif.

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