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

Decision on sale of Daughters of Charity to Prime Healthcare pushed back

California Attorney General Kamala Harris now has until Feb. 20 to decide whether Daughters of Charity Health System — a six-hospital network based in Los Altos Hills, Calif. — should be sold to Ontario, Calif.-based Prime Healthcare Services, according to a San Jose Mercury News report.

A decision regarding the deal was originally set to be made by Feb. 6. However, Elizabeth Ashford, Ms. Harris' chief of staff, told the San Jose Mercury News the deadline was pushed back to ensure the AG's office "can engage in a thorough review." 

The board of directors of Daughters of Charity Health System agreed to sell the system's hospitals to Prime Healthcare in October 2014. The deal has been a controversial one, with SEIU-United Healthcare Workers West strongly opposing the transaction. 

More articles on healthcare industry transactions:

Tenet to renew talks over major hospital deal in Connecticut
2015 could be a busy year for hospital deals
5 recent hospital transactions and partnerships

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

 
>