The group needs about $66 million to operate the hospital in the first year of ownership.
“In some ways, because of the bankruptcy, this is a moving number, but it’s the minimum number that we know we need to purchase the hospital through the sale … and then also run the hospital for the first year,” said Mimi Hall, a healthcare district board member, said during an April 1 Aptos Chamber of Commerce meeting, according to Sentinel.
The group was approved by a bankruptcy judge to purchase the hospital in February after no other qualified bids were submitted. It offered to buy the hospital in 2021 when officials said it would close if there were no buyers.
So far, $25.8 million has been committed for the hospital by government, philanthropic and healthcare players. The group is also asking for $20 million from California Gov. Gavin Newsom’s administration in the state budget, according to the Sentinel.
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
