Daughters of Charity Health System, a stressed multihospital system in Los Altos, Hills, Calif., said Thursday it will start reviewing final bids from seven potential buyers on Sept. 12.
System officials would not say which systems were in the running due to confidentiality agreements. They plan to make a final decision this fall.
The Service Employees International Union-Healthcare Workers West has identified Prime Healthcare Services as one of the potential buyers, but Daughters of Charity has neither confirmed nor denied Prime's role in the process. The SEIU is attempting to marshal support to prevent Prime from taking over Daughters of Charity, which has lost $167.3 million on operations over the past three years. But Prime, a for-profit chain based in Ontario, Calif., has sued the union, arguing the campaign is nothing more than a front to unionize Prime's workforce.