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Prime Healthcare has no wiggle room with AG mandate in CA hospital deal

By San Jose Mercury News  
   February 25, 2015

Take it or leave it. That's the message to a Southern California for-profit company from Attorney General Kamala Harris who late last week laid out a dozen requirements for Prime Healthcare Services' $843 million deal to buy six cash-crunched nonprofit hospitals. On Monday, with the Daughters of Charity Health System running dangerously low on cash, Prime officials said they are diligently studying the mandates and hope to make a decision within a week. Daughters' president and CEO Robert Issai acknowledged Monday there is no wiggle room. "We're simply trying to understand what the recommendations mean and the implications for us," he said.

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