A system spokeswoman provided no other details about the situation.
ValleyCare is comprised of two acute-care hospitals with a combined 242 licensed beds. The system has about $280 million in annual revenue. In 2012, ValleyCare posted a $2.1 million operating loss, a year after it posted $4.7 million in operating losses.
In March, ValleyCare named Scott Gregerson its new CEO. Mr. Gregerson took over for Marcy Feit, who resigned from her position in early February.
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