St. Mary's Medical Center Bids $35M for Victor Valley Community Hospital in California
The offer, under review by Victor Valley lawyers, includes a $25 million pledge to improve the facility.
The sale of Victor Valley Community Hospital has undergone some controversy. Previous bidders include Prime Healthcare Services, with a bid of $31.5 million, which California Attorney General Kamala Harris rejected. Prime executives have said they believe the rejection was politically motivated and a favor to the Service Employees International Union. SEIU is currently undergoing a labor dispute with Prime Healthcare.
St. Mary Medical Center's offer will undergo review by the U.S. Bankruptcy Center and AG Harris.
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