Business Local News Lynwood Press News The Press

Attorney general conditionally approves hospital sale

LYNWOOD — California Attorney General Xavier Becerra has given his conditional approval to the sale of St. Francis Medical Center to Prime Healthcare. The announcement came July 18, about a week after a health care workers union filed a formal objection with Becerra — whose office must approve the sale — calling for him to Read More…

Lynwood Press The Press

Attorney general sued for blocking sale of hospitals

LYNWOOD — Prime Healthcare, which backed out of its proposed bid to buy St. Francis Medical Center and five other Daughters of Charity Health System hospitals after disagreeing with conditions imposed on the sale, has sued the state’s attorney general for allegedly abusing her constitutional powers. In the lawsuit filed in federal court in Los Read More…

Health Local News Lynwood Press The Press West Edition

Investment firm agrees to purchase hospital chain including St. Francis

LOS ANGELES — For the second time this year, the Daughters of Charity Health System announced July 17 it plans to sell its six hospitals, including St. Francis Medical Center in Lynwood, to an investment firm. The proposed transfer of the hospitals to BlueMountain Capital Management comes four months after Prime Healthcare, which originally planned Read More…