Sponsored by VMG Health | info@vmghealth.com | 214.369.4888

Prime agrees with most conditions placed on Daughters of Charity sale

In the latest news over the sale of the six hospitals owned by Los Altos Hills, Calif.-based Daughters of Charity Health System to Ontario, Calif.-based Prime Healthcare Services, Prime has agreed with "essentially all the major conditions" proposed by the California Attorney General's Office for approval of the sale, according to a San Jose Mercury News report.

However, Prime told the San Jose Mercury News that several of the recommendations will "require further clarification."

The report notes that if differences are serious enough, it could impact Prime's ability to finalize the sale, as well as some Prime publicity campaigns that were recently launched.

California Attorney General Kamala Harris has until Feb. 6 to decide on the proposed sale.

More articles on Prime:

Union continues fight against Prime Healthcare deal in California

18 lawmakers want Prime blocked from acquiring 6 California hospitals

5 most-read finance stories: Week of Dec. 8-12

 

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

 

Articles We Think You'll Like

 

Featured Whitepapers

Featured Webinars