Prime Healthcare Services walked away from buying six Daughters of Charity Health System hospitals in California, citing the “onerous and unprecedented conditions” set by California Attorney General Kamala Harris as the reason.
How long Prime should keep all acute care services going was the main sticking point to the deal. Harris wanted a promise of 10 years from Prime, but the Ontario-based healthcare company said it could only do five.
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Guests:
Mike Sarian, President, Prime Healthcare
Jamie Court, President of the Santa Monica-based nonprofit group, Consumer Watchdog