California System Eyes Bankrupt Hospital Takeover

Salinas (Calif.) Valley Health and San Benito County have submitted a joint proposal to the San Benito Healthcare District to govern, operate and finance Hollister-based Hazel Hawkins Memorial Hospital, its skilled nursing facilities, and physician clinics. The healthcare district has been soliciting proposals from buyers or future partners — to help secure access to services in a financially viable way — after declaring a fiscal state of emergency earlier this year.

Read the full article: California System Eyes Bankrupt Hospital Takeover //

Source: https://www.beckershospitalreview.com/hospital-transactions-and-valuation/california-system-eyes-bankrupt-hospital-takeover.html

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