LOS ALTOS HILLS, Calif.--(BUSINESS WIRE)--The following is a statement by Daughters of Charity President and CEO, Robert Issai:
We are disappointed that Prime Healthcare has decided not to go forward with the purchase of our hospitals. We strongly disagree with Prime's position on the Attorney General conditions. We are confident that Prime could successfully turn around the DCHS hospitals. We remain committed to finding the best solution for our patients, communities we serve, physicians, employees, retirees and creditors. We recognize that time is of the essence as we navigate these challenging financial obstacles. Over the coming days, we have difficult decisions to make and we will communicate those decisions after we have a chance to consult with our advisors, boards of directors and the Daughters of Charity.
About Daughters of Charity Health System
Daughters of Charity Health System (DCHS) is a regional health system spanning the California coast from the San Francisco Bay Area to Los Angeles. Our organization includes: Seton Medical Center, Daly City; Seton Coastside, Moss Beach; O'Connor Hospital, San Jose; Saint Louise Regional Hospital, Gilroy; St. Vincent Medical Center, Los Angeles; St. Francis Medical Center, Lynwood; and the DCHS Medical Foundation based in San Jose. DCHS was formed in 2002 in response to the health care needs of the people of California. Every day, more than 8,000 associates and physicians serve patients and their loved ones, providing quality, compassionate care – body, mind and spirit. For more information, visit www.dochs.org.