California Voters Pass Parcel Tax to Keep Doctors Medical Center Open

Seventy-four percent of Contra Costa County voters in California approved a parcel tax to keep Doctors Medical Center in San Pablo, Calif., open, according to a San Francisco Chronicle report.

DMC filed for bankruptcy in 2006 despite an approved parcel tax from voters, and this new measure, which will cost county taxpayers $47 per year, will bring in roughly $5 million to fend off the hospital's creditors for the time being, according to the report.


DMC, which is the only hospital in the region with a full-service emergency room, plans to control its finances long-term by sharing more services with other hospitals, making cuts to its administration and restructuring its debt.

Related Articles on Financially Distressed Hospitals:

Peninsula Hospital in New York Announces Layoffs Amid Restructuring

Judge Gives Indiana's Kentuckiana Medical Center One Month to End Bankruptcy

Hospital Operator Based in Missouri Files for Bankruptcy Protection

Copyright © 2024 Becker's Healthcare. All Rights Reserved. Privacy Policy. Cookie Policy. Linking and Reprinting Policy.

 

Featured Whitepapers

Featured Webinars