Lawmakers called the special session last week after Gov. David Ige vetoed Senate Bill 2077, which would have assisted state employees affected by the privatization of Maui Memorial, KulaHospital and Clinic and LanaiCommunityHospital. The bill would have provided $40 million to Maui county hospital employees with the option to receive severance benefits during the privatization process.
Kaiser is scheduled to take over the hospitals Oct.1. Hospital employees’ state contracts do not expire until June 2017.
Legislators voted to extend the special session as officials and hospital unions continue contract negotiations.
More articles on transaction and valuation news:
Central Iowa Healthcare, Mary Greely Medical Center and LHP Hospital Group explore partnership
Conn. officials OK Prospect’s $43M purchase of Waterbury Hospital
Massena Memorial Hospital considers 17 health systems for partnership
Becker’s 3rd Annual Fall Chief Pharmacy Officer Summit is the top tier event that the people leading the future of pharmacy convene. This 3-day event is built specifically for Chief Pharmacy Officers and senior pharmacy leaders. The sessions examine the workforce, financial and clinical priorities shaping pharmacy today. Becker’s is where candid discussions flourish and new ideas thrive. Becker's 3rd Annual Fall Chief Pharmacy Officer Summit
