Universal Health Services, King of Prussia, Pa., received approval to buy three not-for-profit hospitals in California from state Attorney General Bill Lockyer, provided UHS agrees to maintain emergency and obstetric services at all three hospitals for at least five years after purchase. UHS signed a definitive agreement in June to buy three-hospital Vista Hospital Systems, Corona, Calif., for $120.6 million. Lockyer also would require UHS to provide charity care totaling $750,000 annually at the three hospitals, based on costs, not charges. The sale still must be approved by U.S. Bankruptcy Court, Riverside, Calif., where Vista filed for bankruptcy in June as part of the sales agreement. UHS owns or operates 26 acute-care and 39 psychiatric hospitals. -- by Vince Galloro
Calif. gives conditional OK to UHS purchase
Send us a letter
Have an opinion about this story? Click here to submit a Letter to the Editor, and we may publish it in print.