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ValleyCare Health System Eyes Affiliation Plans

ValleyCare Health System, based in Livermore, Calif., has started the process of finding a potential affiliation partner, according to a San Francisco Business Times report.

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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